Authum Investment & Infrastructure Limited

Climate Impact & Sustainability Data (2023-04 to 2024-03)

Total Carbon Emissions:Negligible

Total Energy Consumption:Negligible

Water Consumption:Negligible

Waste Generated:Negligible

Increased employee count from 22 in FY 2022-23 to 328 in FY 2023-24; highest ever bonus payments.

Deepened governance commitment, creating a robust platform for sustainable value creation; achieved a credit rating of A-minus from CRISIL despite having zero debt; implemented a comprehensive risk management structure.

Long-term Goals:

Evolve into a full suite financial services company; generate a Return on Equity of 16-20% across all platforms.

Medium-term Goals:

Platformise and professionalise; create multiple synergic and yet independent platforms; build best-in-class management teams aligned to long-term value creation.

Short-term Goals:

Allocate capital with a favourable risk-reward; move from ~100% equity exposure to 85:15 (equity to credit) and a projected 60:40 (equity to credit) across the foreseeable future.

Potential challenges in sustaining the high percentage growth achieved by the equity investment business; potential for risks related to macroeconomic conditions, underwriting, employee turnover, reputation, and regulatory non-compliance.

Aiming for sustainable compounded returns in the high-teens percentage range; adopting a book value approach in growing the business; continuously reassessing categories and investment criteria; focusing on organizational building and deepening compliance and processes; demonstrating a capacity to turn businesses around following debt and equity restructuring; establishing an asset reconstruction company; implementing robust risk management policies and procedures; investing in software to monitor compliance.

Frameworks Used: NVGs