CRISIL Ratings has upgraded Authum Investment & Infrastructure Limited’s long-term credit rating to CRISIL A/Stable from CRISIL A-/Stable. The upgrade reflects the company’s strengthened capital position and diversification in business risk profile through non-investment businesses. As of June 30, 2025, the company’s reported net worth increased to Rs 16,670 crore. The rating also factors in the expectation of continued profitable scale-up in lending, asset reconstruction and collections service.
Rating Upgrade Details
Authum Investment & Infrastructure Limited has received an upgrade in its long-term credit rating from CRISIL. The rating has been raised to CRISIL A/Stable, a step up from the previous CRISIL A-/Stable rating. This reflects CRISIL’s positive assessment of Authum’s financial health and operational strategies.
Key Factors Driving the Upgrade
The upgrade is primarily attributed to the company’s strengthened and sustained capital position, which supports its overall financial risk profile. The rating also considers Authum’s increasing focus on diversifying its business through profitable ventures beyond traditional investments.
Financial Performance and Net Worth
Authum has demonstrated strong financial performance, with a reported net worth of Rs 14,690 crore as of March 31, 2025, which further increased to Rs 16,670 crore as of June 30, 2025. This growth is backed by healthy internal accruals and strategic acquisitions, enhancing the company’s financial stability.
Business Diversification and Future Outlook
Authum is actively expanding its presence in non-investment sectors, including lending, asset reconstruction, and collections services. The company recently completed the acquisition of India SME Asset Reconstruction Company Limited (ISARC), holding approximately 88% stake, in alignment with its strategy to create a debt buyout platform.
Investment Portfolio and Asset Quality
As of March 31, 2025, the company’s total asset base stood at Rs 16,087 crore, with Rs 12,739 crore deployed as investments and Rs 2,168 crore as the loan book. The company maintains a focus on managing asset quality, with reported gross non-performing assets (GNPAs) at Rs 222 crore and net non-performing assets (NNPAs) at Rs 15 crore as of March 31, 2025. As of June 30, 2025, GNPA was 10.5% whereas NNPA was 0.9%.
Source: BSE
