Authum Investment & Infrastructure (539177) Corporate presentation summary

Business evolution

• Incorporated in 1982 and acquired by Alpana Sanjay Dangi in FY20; registered NBFC with 25+ branches and 450+ employees as of Sep 30, 2026.

• Shifted from a long-term equity investment platform toward an integrated credit business, with credit scaling from FY23 and platformisation from FY24.

• Promoter shareholding 68.81% as of Sep 30, 2026; market cap ~Rs. 45,000 crore as of Nov 4, 2026; CRISIL rating A/Stable.

Investment business

• As of Sep 30, 2026, flow investments were Rs. 13,568.9 crore (66%) and strategic investments Rs. 2,547.9 crore (12%) of the diversified portfolio.

• Listed equities represent ~65% of the investment portfolio at market value; largest single investment is ~15% of the portfolio.

• Exited investments booked Rs. 1,512.0 crore profit in FY26 and Rs. 155.7 crore in H1 FY27; existing investments showed Rs. 2,869 crore cumulative unrealized profit on a notional divestment basis at Sep 30, 2026.

• Strategic holdings include 48.15% of Prataap Snacks and ~44.4% of NITCO on a fully diluted basis; the full NITCO invested amount has been repaid.

Credit and alternative assets

• Acquisitions added 25+ branches, a 450+ member team, secured and unsecured products, agency collections, and centralized operating capabilities.

• Fresh credit and credit substitutes reached ~Rs. 3,850 crore as of Sep 30, 2026; the roadmap prioritizes recoveries from acquired portfolios before scaling fresh business.

• FY24-Sep 2026 cumulative credit deployment was ~Rs. 8,175 crore; Rs. 3,696 crore of exposures were fully exited or closed, and booked profit totaled Rs. 2,626.0 crore.

• ISARC, acquired in June 2025, had ~Rs. 268 crore fresh investment book and ~Rs. 642 crore AUM as of Sep 30, 2026; a Rs. 414 crore rights issue was announced, with Rs. 406 crore committed.