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Tourism Finance Corporation of India Limited

Tourism Finance Corporation of India Limited

147.64
INR
-3.03
(-2.01%)
3.33EPS
23.13P/E
35.68BMarket Cap
Tourism Finance Corporation of India Limited
NSE:TFCILTD
(National Stock Exchange of India)

Recent

price

147.64

P/E

ratio

23.13

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
2.7
1.91
4.46
4.56
4.62
4.57
5.15
5.11
5.48
6.67
6.4
5.85
5
4.99
5.28
5.83
5.98
Revenue per Share
1.1
1.23
1.38
1.45
1.49
1.33
1.75
1.92
2.14
2.01
2
2
1.95
2.02
2.24
2.67
3.33
Basic EPS, GAAP
0.25
0.73
-0.11
0.46
0.37
0.54
-0.18
3.34
-1.35
3.98
-4.25
3.21
-3.03
-0.16
1.18
-1
- -
Free Cash Flow per Basic Share
0.28
0.28
0.28
0.28
0.52
0.43
0.19
0.48
0.48
0.53
- -
0.15
0.24
0.48
0.5
0.6
- -
Dividend per Share
8.43
9.35
10.41
10.81
11.87
12.74
15.51
16.8
18.26
18.67
19.61
20.74
22.51
24.11
26.27
28.41
- -
Book Value per Share
8.42
9.35
10.4
10.81
11.87
12.74
15.51
16.8
18.26
18.67
19.61
20.72
22.5
24.11
26.27
28.4
- -
Tangible Book Value per Share
404
404
404
404
404
404
404
404
404
404
404
426
452
452
463
463
463
Basic Weighted Avg Shares
1,090
771
1,799
1,841
1,865
1,845
2,080
2,061
2,211
2,693
2,584
2,494
2,260
2,255
2,445
2,700
2,765
Sales/Revenue/Turnover
101.19
83.07
88.19
87.94
45.2
41.49
44.76
88
81.28
71.43
70.44
68.18
70.46
62.2
62.87
65.67
58.57
Operating Margin (%)
18
17
17
18
8
7
6
6
4
6
11
15
17
11
8
6
6
Depreciation Expense
444
495
555
585
602
536
704
775
863
810
807
853
879
911
1,038
1,235
1,541
Net Income, GAAP
35.45
21.58
23.34
30.41
26.48
29.16
27.41
27.57
24.1
16.86
19.14
20.93
19.59
19.99
18.91
20.75
21.35
Effective Tax Rate (%)
40.75
64.19
30.87
31.78
32.27
29.06
33.86
37.6
39.01
30.09
31.23
34.21
38.91
40.39
42.46
45.73
55.73
Profit Margin (%)
1,794
1,921
2,193
2,776
2,552
2,032
-1,128
-1,379
832
913
-871
1,631
3,650
5,275
18,420
3,640
- -
Working Capital
4,584
7,586
8,065
8,615
9,565
9,412
8,554
9,437
11,482
11,995
9,248
6,749
7,536
8,434
7,051
8,066
- -
LT Debt
3,401
3,773
4,200
4,365
4,791
5,141
6,258
6,782
7,369
7,535
7,916
9,370
10,171
10,896
12,164
13,151
- -
Total Equity
5.85
5.06
4.7
4.63
4.4
3.64
4.43
7.55
7.08
6.82
6.72
6.38
5.86
5.52
6.09
6.28
- -
Return on Invested Capital (%)
9.4
9.81
10.43
9.08
8.98
7.97
8.57
7.46
7.31
6.9
6.67
6.39
5.86
5.86
6.34
6.42
- -
Return on Capital (%)
13.73
13.79
13.93
13.66
13.15
10.8
12.36
11.88
12.19
10.87
10.45
9.87
9
8.65
9
9.75
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
2,710
- -
LT Borrowings
- -
8,066
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
463
463
463
Market Capitalization
30,177
29,445
35,682

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
6,525
- -
Cash, Cash Equivalents & STI
- -
1,776
- -
Accounts Receivable, Net
- -
1
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
2,885
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,710
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.99%
10.76%
8.12%
Free Cash Flow
-438.41%
-306.77%
-184.7%
Net Income, GAAP
9.15%
9.05%
18.93%
Sales/Revenue/Turnover
4.26%
1.15%
10.42%
Total Cash Common Dividend
- -
- -
20%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
566
569
496
591
2,445
2026
586
615
655
721
2,700
2027
774
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.55
0.55
0.49
0.65
2.24
2026
0.66
0.63
0.69
0.69
2.67
2027
1.32
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
0.6
2027
- -
- -
- -
- -
- -
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Business
Tourism Finance Corporation of India Limited (TFCI) is a non-banking financial company (NBFC) regulated by the Reserve Bank of India as NBFC-ML-ICC that specializes in providing rupee term loans, debt investments, and advisory services primarily to tourism and hospitality projects including hotels, resorts, restaurants, food courts, amusement parks, ropeways, multiplexes, recreational centers, and travel operations; it also extends financing to educational institutions, healthcare facilities, real estate developers focused on affordable and middle-class housing, non-banking finance companies, manufacturing, logistics, warehousing, and renewable energy sectors such as solar and wind projects across India. Established in 1989 as an All India Financial Institution following recommendations from the National Committee on Tourism under the Planning Commission and headquartered in New Delhi with additional offices in Mumbai, TFCI has financed over 50,000 star-category hotel rooms and key attractions like Taj Resorts in Kerala and Goa, Umaid Bhawan Palace, Ananda in the Himalayas, Palace on Wheels, and Imagicaa, while offering consultancy on tourism master plans, project feasibility, market surveys, and debt syndication to government and private entities. In recent developments, the company executed a 1:5 stock split in September 2025 reducing the face value from Rs 10 to Rs 2 to enhance liquidity and retail investor access, approved unaudited Q2 and H1 FY26 results on November 10, 2025 showing H1 profit after tax of Rs 5,962.42 lakh, granted in-principle approval for co-sponsoring Category II Alternative Investment Funds (AIFs), plans to raise Rs 800 crore through NCDs and bank borrowings in FY26 while targeting a borrowing cost reduction to 9-9.25% from 9.6%, and aims to diversify its lending portfolio by lowering tourism/hospitality exposure from 65% to 50% by FY27 alongside entering retail digital lending and new sectors via fintech partnerships.