Authum investment shifts to diversified credit business

Authum Investment & Infrastructure Limited, a registered NBFC, is strategically transforming its business model from a pure-play investment platform to a diversified credit business. This shift is highlighted by a significant increase in its net worth, which grew from INR 3,416.4 Cr in March 2023 to INR 16,271.8 Cr by September 2025. The company’s market cap also reached approximately INR 47,500 Cr as of November 10, 2025, with an upgraded external credit rating of A (Stable) by CRISIL in October 2025.

Key to this transformation is the growth in its Credit & Alternative Assets Business, with the book size expanding from INR 1,679.9 Cr (~16% of total) in March 2024 to INR 7,949.6 Cr (~44% of total) by September 2025, encompassing Fresh Credit Portfolio and Acquired Portfolio (including PTCs). The company also completed the acquisition of 88.37% shareholding in India SME ARC (ISARC) for an investment of approximately INR 313 Cr by June 17, 2025, establishing it as a fully enabled platform for debt buyouts with INR 235 Cr available for deployment by March 2026.

Authum’s strategic investments include a ~42.3% stake in Prataap Snacks for approximately INR 764.5 Cr and conversion of debt into equity in NITCO Ltd., resulting in a ~44.6% share capital. The company's roadmap includes scaling up its ARC and Servicing & Advisory platforms, with Assets Under Management (AUM) for third-party retail loans reaching approximately INR 1,900 Cr as of Q4FY25.