India Infrastructure Finance Company Ltd (IIFCL) is targeting sanctions worth Rs 75,000 crore for the fiscal year 2025-26, following a record-breaking performance in the current fiscal, according to its Managing Director Rohit Rishi. The state-owned infrastructure financier also reported a significant improvement in asset quality, with its non-performing assets (NPA) dropping to a mere 0.40 per cent.
Record Year and Ambitious Targets
IIFCL has had an exceptional year, with sanctions reaching an all-time high. Building on this momentum, the company has set an ambitious target of Rs 75,000 crore in sanctions for FY26. This reflects the company's confidence in the growing infrastructure sector and its own operational capabilities.
Strong Financial Health
The sharp decline in NPAs to 0.40 per cent underscores IIFCL's robust risk management and recovery efforts. This improvement in asset quality is expected to enhance the company's profitability and ability to lend further. The low NPA level is among the best in the infrastructure finance space.
Focus on Infrastructure Development
IIFCL plays a pivotal role in funding large infrastructure projects across sectors such as roads, railways, power, and urban infrastructure. The increased sanctions target aligns with the government's push for infrastructure-led economic growth. The company's strong balance sheet and low NPAs position it well to support the National Infrastructure Pipeline (NIP).
Outlook and Strategy
MD Rohit Rishi emphasized that IIFCL will continue to focus on high-quality projects and maintain stringent credit standards. The company is also exploring new avenues such as green infrastructure and sustainable finance. With a record year behind it, IIFCL is poised for further growth, contributing significantly to India's infrastructure development.
