Authum Investment & Infrastucture Ltd (AIIL) AI Stock Analysis

• Market Cap: ₹364.74B
• Dividend Yield: 0.05%
• Average Volume (3M): 32.71K
• Price to Earnings (P/E): 82.4
• Beta (1Y): 1.88
• Revenue Growth: -14.74%
• EPS Growth: -1.62%
• Country: IN
• Employees: 328
• Sector: Real Estate
• Sector Strength: 53
• Industry: Financial - Capital Markets
• EPS (TTM): 1.90
• Shares Outstanding: 849,225,500
• 10 Day Avg. Volume: 22,249
• 30 Day Avg. Volume: 32,712
• PEG Ratio: -7.02
• Price to Book (P/B): 2.06
• Price to Sales (P/S): 10.62
• P/FCF Ratio: 390.83
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: ₹467.00 ▼(-84.66% Downside)
• Action: Reiterated Date: 12/03/25
• Date: Action: Reiterated 12/03/25

Authum Investment & Infrastructure Ltd shows strong financial performance with high profitability and a stable balance sheet, which are the most significant factors supporting the stock. However, technical indicators suggest bearish momentum, which could pose short-term risks. The valuation appears attractive with a low P/E ratio and high dividend yield, offering potential long-term value.

Positive Factors

High profitability and margins

Authum reports persistently high gross and net margins and overall strong profitability, indicating durable pricing power and efficient cost structure. These margin characteristics support long-term cash generation and reinvestment capacity even if top-line growth slows, sustaining returns to shareholders.

Robust balance sheet and conservative leverage

The company's low debt-to-equity ratio and strong return on equity point to conservative financial management and effective capital use. A sturdy balance sheet increases resilience to macro shocks, preserves borrowing capacity for infrastructure projects, and supports multi-year investment plans without forcing asset sales.

Solid operating cash generation

Authum's solid operating cash flow relative to net income shows reliable cash generation from core activities, which underpins funding for capex, distributions, and new investments. Consistent operating cash flow provides structural flexibility to pursue infrastructure projects and support AUM growth over several quarters.

Negative Factors

Declining revenue growth

Reported negative revenue growth of roughly 16% signals substantive deterioration in top-line momentum. Over a multi-quarter horizon, declining revenues can pressure margins, reduce reinvestment capacity, and impair the firm's ability to grow AUM or execute new projects, challenging long-term expansion plans.

Inconsistent free cash flow growth

While operating cash flow is solid, the firm's free cash flow has fluctuated materially over time. Inconsistent FCF hampers reliable project funding, dividend sustainability, and opportunistic investments. This variability raises execution risk for multi-year infrastructure developments and capital allocation plans.

Moderate reliance on debt financing

Despite a low overall debt-to-equity metric, the balance sheet summary notes a moderate reliance on debt via the equity ratio. If market conditions tighten or interest costs rise, this leverage mix could constrain flexibility, elevate refinancing risk on long-dated projects, and pressure returns on extended timelines.

Authum Investment & Infrastucture Ltd Business Overview & Revenue Model

Company Description

Authum Investment & Infrastructure Limited, a non-banking finance company, engages in various investment and financial activities in India. The company invests in shares and securities, and real estates; and trades in equities and stock markets. It is also involved in the private equity investments, structured financing, fixed returns portfolio, and secured lending activities, as well as provision of debt instruments. The company was formerly known as Pentium Investments and Infrastructures Limited and changed its name to Authum Investment & Infrastructure Limited. Authum Investment & Infrastructure Limited was incorporated in 1982 and is based in Mumbai, India.

How the Company Makes Money

AIIL generates revenue primarily through its investment activities, which include equity and debt investments in infrastructure projects and real estate developments. The company earns income through management fees charged on the assets under management (AUM), as well as through capital gains realized from the sale of investments. Additionally, AIIL may engage in joint ventures and partnerships with other firms to co-develop projects, sharing both risks and profits. The firm may also benefit from government contracts and incentives related to infrastructure development, further contributing to its revenue streams.

Authum Investment & Infrastucture Ltd Financial Statement Overview

Summary

Authum Investment & Infrastructure Ltd exhibits strong financial health with high profitability and a stable balance sheet. The company maintains high gross and net profit margins, indicating efficient cost management. However, challenges in maintaining consistent cash flow growth could impact future investments.

Income Statement

Authum Investment & Infrastructure Ltd has demonstrated strong profitability with a consistent increase in revenue over the years. The company maintains high gross and net profit margins, indicating efficient cost management and strong pricing power. However, the revenue growth rate has slowed recently, which could be a concern for future expansion.

Balance Sheet

The company's balance sheet is robust with a low debt-to-equity ratio, suggesting conservative leverage and financial stability. The return on equity is strong, reflecting effective use of shareholder funds. However, the equity ratio indicates a moderate reliance on debt financing, which could pose risks if market conditions change.

Cash Flow

Cash flow analysis reveals a solid operating cash flow to net income ratio, indicating good cash generation relative to earnings. However, the free cash flow growth has been inconsistent, with significant fluctuations over the years, which could impact the company's ability to fund new investments or return capital to shareholders.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	26.43B	28.45B	22.39B	4.31B	8.93B	1.30B
Gross Profit	25.72B	27.82B	21.83B	4.06B	8.87B	1.28B
EBITDA	40.20B	44.08B	42.98B	46.42B	8.54B	1.78B
Net Income	40.88B	42.41B	42.85B	43.04B	6.69B	1.35B
Balance Sheet
Total Assets	0.00	160.87B	116.21B	69.00B	40.19B	19.46B
Cash, Cash Equivalents and Short-Term Investments	0.00	3.69B	28.59B	32.53B	37.28B	16.40B
Total Debt	0.00	10.54B	11.28B	17.53B	13.39B	11.33B
Total Liabilities	-146.89B	13.98B	12.76B	34.84B	8.98B	5.14B
Stockholders Equity	146.89B	146.89B	103.45B	34.16B	31.21B	14.32B
Cash Flow
Free Cash Flow	0.00	772.90M	32.31B	2.39B	2.61B	2.17B
Operating Cash Flow	0.00	3.26B	32.79B	2.45B	2.62B	2.17B
Investing Cash Flow	0.00	2.22B	-22.66B	475.00M	-5.70B	-4.51B
Financing Cash Flow	0.00	-1.27B	-11.64B	-6.27B	3.36B	2.47B

Authum Investment & Infrastucture Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3045.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AIIL, the sentiment is Negative. The current price of 3045.15 is above the 20-day moving average (MA) of 492.44, above the 50-day MA of 548.63, and above the 200-day MA of 557.41, indicating a bearish trend. The MACD of -21.87 indicates Positive momentum. The RSI at 22.45 is Positive, neither overbought nor oversold. The STOCH value of 4.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AIIL.

Authum Investment & Infrastucture Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
AIIL	64 Neutral	₹364.74B	82.37	―	0.05%	-14.74%	-1.62%
LANCORHOL	56 Neutral	₹1.68B	-233.07	―	0.80%	4.65%	-137.16%
KAUSHALYA	51 Neutral	₹289.51M	13.89	―	―	―	―

Authum Investment & Infrastucture Ltd Corporate Events

Authum Invokes Pledge to Take 6.8% Stake in SpiceJet After Loan Default

Authum Investment & Infrastructure Ltd has invoked a share pledge and acquired 10.37 crore equity shares of low-cost carrier SpiceJet Ltd, equal to about 6.8% of the airline’s paid-up capital, after enforcing security linked to dues of Spice Healthcare Pvt Ltd. Of these, Authum has already sold 6 crore shares and is retaining 4.37 crore shares, roughly 2.86% of SpiceJet’s equity, in its demat account as continuing security, underscoring its assertive collateral enforcement approach and adding a new institutional shareholder to SpiceJet’s register without any related-party considerations or separate cash outlay.

The acquisition arose because shares held by SpiceJet promoter Ajay Singh had been pledged to secure obligations of Spice Healthcare, and their transfer to Authum signals heightened credit discipline in its lending portfolio while potentially affecting SpiceJet’s ownership dynamics. As no regulatory approvals or fresh consideration were required and the transaction was completed on 25 February 2026, the move primarily reflects a balance-sheet and risk-management action for Authum, while for SpiceJet it marks a modest shift in shareholding structure amid ongoing sectoral pressures in India’s aviation industry.

Authum Investment & Infrastructure Shareholders Clear Postal Ballot Resolutions via E-Voting

Authum Investment & Infrastructure Ltd announced that all resolutions proposed through a recent postal ballot were approved by shareholders via remote e-voting with the requisite majority. The company has submitted the voting results, scrutinizer’s report, and minutes of the postal ballot proceedings to the stock exchanges and will also host these details on its website, reinforcing compliance with SEBI’s listing regulations and signaling shareholder support for the board’s proposals.

Authum Investment & Infrastructure Boosts Authorised Capital and Announces 4:1 Bonus Issue

Authum Investment & Infrastructure Limited has received shareholder approval via postal ballot to increase its authorised share capital from Rs 100 crore to Rs 128 crore, raising the equity share component from 58 crore to 86 crore equity shares of Re 1 each while maintaining 4.2 crore preference shares of Rs 10 each, and has accordingly amended its Memorandum of Association. The company also secured approval to issue bonus shares in a 4:1 ratio, granting four new fully paid-up equity shares for every existing share through capitalisation of reserves, a move that will significantly expand its equity base, enhance stock liquidity, and potentially broaden its shareholder base, with the record date to be announced separately.

Authum Investment & Infrastructure Wins Shareholder Nod for Capital Hike and 4:1 Bonus Issue

Authum Investment & Infrastructure Limited has secured shareholder approval via postal ballot to increase its authorised share capital from Rs 100 crore to Rs 128 crore, mainly by expanding its equity share base from 58 crore to 86 crore shares of Re 1 each, while keeping the preference share capital unchanged. The company will also issue bonus shares in a 4:1 ratio, granting four new fully paid-up equity shares for every existing share held as of a record date to be announced, a move that will significantly expand the equity base, enhance liquidity in the stock, and broaden participation for existing shareholders without immediate cash outlay.

Authum Investment & Infrastructure Ltd Raises Rs. 300 Crores Through NCRPS Allotment

Authum Investment & Infrastructure Ltd has announced the allotment of 30,00,000 Non-Cumulative Non-Convertible Redeemable Preference Shares to Mentor Capital Limited, raising Rs. 300 Crores. This move is part of a larger capital-raising strategy, bringing the total allotment to 1,80,00,000 NCRPS, amounting to Rs. 1,800 Crores, which is expected to enhance the company’s financial positioning and support its growth initiatives.