IIFCL announces Financial Results for FY 2024-25; Posts Fifth Consecutive Year of Record Performance with ₹51,124 Cr Sanctions and ₹28,501 Cr Disbursements
IIFCL announces Financial Results for FY 2024-25; Posts Fifth Consecutive Year of Record Performance with ₹51,124 Cr Sanctions and ₹28,501 Cr Disbursements
IIFCL recorded highest ever Annual Sanctions and Disbursements of Rs. 51,124 Crore and Rs. 28,501 Crore respectively, during the FY 2024-25, surpassing the previous years’ figures of Rs. 42,309 Crore and Rs. 22,356 Crore respectively, a y-o-y growth of ~21% and ~28% respectively.
The Cumulative Sanctions and Disbursements stood at Rs. 3.06 Lakh Crore and Rs. 1.56 Lakh Crore as of March 31, 2025, of which, ~55% of the Cumulative Sanctions and Disbursements were achieved in the last five years. The Consolidated Cumulative Sanctions and Disbursements of IIFCL stood at ~Rs. 3.53 Lakh Crore and ~Rs. 1.79 Lakh Crore as of March 31, 2025.
Dr. P.R. Jaishankar, Managing Director, India Infrastructure Finance Company Limited (IIFCL) announced all-time high performance of the company yesterday, for the fifth year in a row.
Highest ever Profitability Numbers
Enhanced Net worth
The company’s Net worth grew ~15% to Rs. 16,395 Crore in FY 2024-25 (up from Rs. 14,266 Crore in FY 2023-24 and ~59% over Rs. 10,306 Crore of FY 2019-20), thereby increasing capacity for IIFCL to lend more to infrastructure projects with higher exposure limits.
Growth with Quality
As of March 31, 2025, IIFCL was able to improve its asset quality with a significant decline in Gross NPA ratio to 1.11% (down from 1.61% in the previous year and 19.70% as on 31st March 2020) and Net NPA ratio to 0.35% (down from 0.46% in the previous year, which stood at 9.75% as on March 2020). The proportion of IIFCL’s assets externally rated ‘A’ and above increased to ~93% as of March 31, 2025 (up from ~88% as of March 2024 and ~43% in March 2020), indicating continuous improvement in the quality of company’s assets. IIFCL’s Capital to Risk-weighted Assets (CRAR) comfortably stood at 23.44%, much above the regulatory norms, as on 31st March 2025.
Loan Portfolio Growth
The company recorded y-o-y growth of ~37% in its Standalone Portfolio to Rs. 69,904 Crore in FY 2024-25 from Rs. 51,017 Crore in FY 2023-24.
IIFCL’s Growing Investment in Bonds and InvITs
In order to boost the availability of longer-tenor debt finance for infrastructure projects, IIFCL ventured into investment in Infrastructure Bonds and InvITs in FY 2021-22. Since then, the company has recorded a substantial increase in the investments in Bonds and InvITs with Rs. 29,102 Crore and Rs. 14,220 Crore respectively, till March 31, 2025.
Figures in Rs. Crore
Particulars
FY20
FY21
FY22
FY23
FY24
FY25
Annual Sanctions
9,337
20,892
25,120
29,171
42,309
51,124
Annual Disbursements
6,015
9,460
10,445
13,826
22,356
28,501
Profit Before Tax (PBT)
-291
315
590
1,277
2,029
2,776
Profit After Tax (PAT)
51
285
514
1,076
1,552
2,165
Gross NPA Ratio
19.70%
13.90%
9.22%
4.76%
1.61%
1.11%
Net NPA Ratio
9.75%
5.39%
3.65%
1.41%
0.46%
0.35%
Total Assets
52,147
55,525
56,964
59,485
65,493
81,572
Net Worth
10,306
10,654
11,737
12,878
14,266
16,395
Asset Quality (A and above)
43%
54%
64%
72%
88%
93%
Provision Coverage Ratio
50.51%
61.24%
62.75%
70.48%
71.53%
68.71%
Outstanding Loans
33,627
36,689
39,352
42,271
51,017
69,904
About IIFCL
IIFCL is a government-owned financial institution that caters to the long-term financing needs of India’s infrastructure sector. It is amongst the most diversified public sector infrastructure lenders in terms of eligible infrastructure sub-sectors and product offerings. IIFCL is also active in providing policy inputs in infrastructure financing space to the Government through various forums, with an aim to promote and develop world-class infrastructure in India.