Dr. P.R. Jaishankar, Managing Director, India Infrastructure Finance Company Limited (IIFCL) today announced its all-time high performance, for the fifth year in a row.
Highest ever Sanctions and Disbursements
The company 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.
Highest ever Profitability Numbers
IIFCL registered its highest ever Profit before Tax (PBT) of Rs. 2,776 Crore, recording a growth of ~37% over previous year’s PBT of Rs. 2,029 Crore. The Profit after Tax (PAT) grew by ~39% over the previous year to Rs. 2,165 Crore in the FY 2024-25 (up from Rs. 1,552 Crore in FY 2023-24), a ~42x increase over PAT of FY 2019-2020.
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.
Snapshot of IIFCL’s Performance
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.
