Synopsis:
Authum Investment has increased its stake in Star Aerospace Limited for Rs. 112 crore, aligning with its diversification strategy. Star Aerospace is a defense manufacturer with a growing global presence and proven track record in supplying critical defense systems.
Authum Investment & Infrastructure Ltd. has strengthened its portfolio by increasing its stake in Star Aerospace Limited to 14.59%, investing approximately Rs. 112 crore in the high-growth aerospace and defense sector.
With market capitalization of Rs. 49,154 cr, the shares of Authum Investment & Infrastructure Ltd are currently trading at Rs. 2,902 per share, making today’s high of Rs. 2,903.95 from its previous closing of Rs. 2,869.60 per share
News
On August 7, 2025, Authum Investment & Infrastructure Ltd. announced that it has increased its stake in Star Aerospace Limited from 7.96% to 14.59%, through the acquisition of 8,34,082 fully paid-up equity shares at Rs. 10 each. The investment, valued at approximately Rs. 112 crore, was executed through cash consideration and does not involve any related party transaction.
About Star Aerospace Limited (SAL):
Incorporated in July 2015, Star Aerospace is a defense manufacturing company operating under the Government of India’s ‘Make in India’ initiative. It specializes in design, development, and manufacturing of high-precision mechanical and electro-optical systems for the aerospace and defense sectors.
Star Aerospace Limited has demonstrated strong operational capabilities, having successfully delivered 211 complete mechanical assembly sets for the SRCG project to Elbit Systems, and supplied over 1,200 Azimuth and Traverse Drive Assemblies as spares.
About Authum Investment & Infrastructure Ltd:
Authum Investment & Infrastructure Ltd is a non-banking financial company (NBFC) primarily engaged in investment and lending activities. The company focuses on acquiring, holding, and managing a portfolio of investments, including equity shares, debt instruments, and other financial securities.
Authum Investment reported a muted performance in Q1FY26, with declines observed YoY and QoQ. On a YoY basis, the company’s sales dropped 14% to Rs. 1,210 crore from Rs. 1,412 crore in Q1FY25. EBIDT fell 8% to Rs. 1,155 crore, while net profit declined 14% to Rs. 941 crore compared to Rs. 1,093 crore in the same period last year.
Sequentially in QoQ, the financials also reflected a downturn. Sales slipped from Rs. 1,442 crore in Q4FY25 to Rs. 1,210 crore in Q1FY26, while EBIDT declined from Rs. 1,260 crore to Rs. 1,155 crore. Net profit dropped significantly from Rs. 1,766 crore to Rs. 941 crore.
Written by Manideep Appana
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