NIIF IFL announces H1 FY27 earnings; total income grows by 21% on a Y-o-Y basis
Established in FY2014 as one of India’s first Infrastructure Debt Fund (IDF) NBFCs that specialises in refinancing operational infrastructure projects, NIIF IFL has reported its H1 FY2026-27 numbers today. The company’s total revenue from operations increased to Rs1483 crore while net profit swelled to Rs332 crore for the half year ended September 30, 2026. For the 46th consecutive quarter, the company reported zero non-performing assets (NPAs) and continues to uphold the highest underwriting standards in the infrastructure financing business today.
Financial performance highlights for H1 FY2026-27
* Disbursements expanded to Rs7888 crore, representing a 107% growth over the corresponding period in the previous financial year
* The fund’s loan book grew to Rs34,797 crore as compared with Rs27,777 crore reported in H1 FY 2025-26, amounting to a 25% increase on a Y-o-Y basis
* Total revenue from operation grew to Rs1483 crore from Rs1228 crore in the year ago period, representing a 21% growth on a Y-o-Y basis
* Profit after tax increased to Rs332 crore as compared with Rs283 crore recorded in H1 FY 25-26, corresponding to a 17% growth on a Y-o-Y basis
* Asset quality continues to remain excellent with no Gross/ Net Non-Performing Assets (NPA)
The company reported a debt-equity ratio of 5.9x for the period ended September 30, 2026 as compared with 5.1x reported for the period ended September 30, 2025. In terms of its overall asset mix, the company’s green portfolio forms 65% of its total assets and is a nod to its conviction that sustainable infrastructure will play a defining role in India’s next phase of growth.
Commenting on the performance for the quarter ending September 30, 2026, Mr. Ajay Chaudhary, Chief Executive Officer, NIIF IFL remarked, “At NIIF IFL, we continue to deliver on our role as a dedicated infrastructure financier, crossing new milestones quarter after quarter. In H1FY2026-27, we scaled our loan book to new heights, with robust overall loan growth of 25% over the corresponding period in the previous fiscal. Disbursements grew 107% on a Y-o-Y basis, driven by thoughtful sector selection, disciplined underwriting, strong client relationships and a clear understanding of how India’s infrastructure needs are evolving. Net profit rose 17% on a Y-o-Y basis. While we take pride in this performance, we continue to diversify our exposure across new business groups and critical sectors, helping strengthen the pillars of national competitiveness. Our aim is to pursue quality growth while financing projects that can strengthen economic productivity, enhance resilience and support India’s long-term development."
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