Authum Investment & Infrastructure Moat Analysis: Score & Risks
Authum Investment & Infrastructure Ltd.
A first-pass moat teardown of Authum Investment & Infrastructure Ltd., built from single-pass filing evidence. Free note — provisional, and the full two-pass deep dive may revise it.
First-pass narrow read — primary edge in Intangible Assets. Provisional, single-pass evidence.
Authum Investment & Infrastructure Ltd. scores 4.72 on MoatSCORE 6.0 — a narrow moat in NBFC. This is a first-pass note: the dimensional read and the filing receipts below come from a single GFIP evidence pass, not the full two-pass deep corpus behind our flagship deep dives. Provisional — published free while the deep version is queued.
Seven dimensions of moat
Ordered by contribution. Each dimension carries a verified filing quote, graded [M] mechanism or [O] outcome.
“Promoters with track record of Value Creation”
“Headquartered in Mumbai, Authum operates 25 branches and a team of over 425 people”
“‘If housing finance companies have sticky loans, it would be best to sell to Authum and protect the Balance Sheet.’”
“Pan-India distribution network with ~25 Branches and ~450+ Member Team with collections capability”
“Redeployment focus on higher Yield products / segments”
“The overall capital adequacy ratio (CAR) for Authum, on a standalone basis, was 53% as on March 31, 2024, as compared to 77.9% a year ago”
D8 rating: ADEQUATE. Not part of the moat score — it governs the cost of equity and the fade window. First-pass; not yet deep-reviewed.
The barrier gate — first-pass
Effective barrier 5.0 — below 6, so the band is capped narrow. First-pass estimate.
Deep two-pass review. This draft rests on a single GFIP evidence pass; the full 10-year AR + concall corpus may move the read.
The barrier gate. A firmer replication or bypass estimate is the most likely thing to shift the band.
Adverse events. Any governance, regulatory or funding shock captured in D8 could re-rate the fade window.
Where this note fits. This company is one of 113 Indian companies we have scored for moat durability — 88 narrow, 25 narrow-trending-wide, none wide. The full ranked read: Wide-Moat Stocks in India: We Scored 113 Companies and Found None. Every score, dimension by dimension, is free in the Moat Screener.
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