Rohit Rishi, MD& CEO, IIFCL

The government has approved equity dilution in India Infrastructure Finance Company Ltd, said Rohit Rishi, Managing Director and Chief Executive Officer of the company, on Friday.Meanwhile, the company reported a net profit of ₹1,379 crore in FY26 as against ₹1,590 crore of FY 25. The reduction is due to foreign exchange loss.“Equity dilution expected to be in two tranches to bring down government’s equity to 75 per cent,” Rishi said in a briefing here. However, the timing of IPO has not been finalised. “It will be done at opportune time,” Rishi added.Infra financingHe also highlighted that the while total infrastructure financing is estimated at ₹38,000 crore, out of which approximately ₹500 crore will be towards social infrastructure. “We have got some proposal for hospitals. Also, some project for educational institutional will be there,” he said without disclosing, more details about the projects.Meanwhile, talking about financial performance for FY26, he said its performance reflects its ongoing institutional consolidation, prudent financial management, and growing scale as a future-ready infrastructure financing institution. The company remains firmly aligned with India’s long-term development priorities, continuing to play a pivotal role in powering the nation’s infrastructure growth journey through resilience and sustained business expansion.Rishi highlighted highest-ever sanctions which reflects growing infrastructure financing footprint. The company recorded its highest-ever annual sanctions of ₹57,680 Crore during FY 26, which is around 13 per cent higher over the previous year. Annual disbursements increased 16 per cent to ₹32,972 Crore, reflecting sustained momentum in financing support for infrastructure creation across the country.IIFCL’s net worth increased to ₹17,898 crore in FY26 from ₹16,395 crore in the previous year, reflecting continued strengthening of the company’s capital base and lending capacity. IIFCL maintained a capital to risk-weighted assets ratio (CRAR) of 20.53 per cent as of March 31, 2026 — well above regulatory requirements. This robust capital position underscores the company’s prudent financial management and long-term resilience in supporting India’s infrastructure financing needs.Gross NPA ratio improving sharply to 0.40 per cent from 1.11 per cent in the previous year, while Net NPA ratio reduced to 0 per cent. The proportion of IIFCL’s assets externally rated ‘A’ and above improved to approximately 96 per cent as of March 31, 2026, compared to around 93 per cent in March 2025, reflecting continued strengthening of the company’s portfolio quality, underwriting standards and risk management framework, Rishi added.Published on May 29, 2026