Tourism Finance Corporation of India Limited

NSE: TFCILTD · Financial Institution

52W Range₹51 ₹365

Snapshot

Unlock Tourism Finance Corporation of India Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Tourism Finance Corporation of India Limited (TFCILTD) is a specialised financial institution providing credit and advisory services to the tourism and hospitality sector. It supports projects ranging from greenfield developments to expansion and modernisation, offering a diverse suite of debt and structured finance products.

Business Model

The company generates revenue primarily through interest income on term loans and project financing provided to tourism-related entities. Additionally, it earns fees from advisory, debt syndication, and structured finance services.

Growth Outlook

Growth is driven by the continued expansion of India's tourism infrastructure and the increasing demand for structured financial solutions among hospitality enterprises. The company focuses on diversifying its portfolio through project finance and consultancy services for small and medium businesses.

Key Risks

  • Sectoral Concentration Risk. As a niche lender, the company is highly exposed to the cyclical nature and volatility of the tourism and hospitality industry.
  • Asset Quality Risk. The company faces potential credit risk if tourism projects fail to generate sufficient cash flows to service debt obligations.
  • Interest Rate Risk. Fluctuations in interest rates can impact the company's net interest margins and the demand for new project financing.
  • Regulatory Risk. Changes in financial sector regulations or government policies regarding tourism development could adversely affect business operations.

Price

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Key Metrics

REVENUE

₹274 Cr

TTM · standalone

+8.8%YoY

NET PROFIT

₹123 Cr

TTM · standalone

+18.9%YoY

EPS

₹5.31

TTM · standalone

-52.6%YoY

RETURN ON EQUITY

9.9%

TTM · standalone

+0.6 ppYoY

P/E

15.8x

Q4 FY26 · standalone

15.8 vs 8.8x5Y avg

NET PROFIT MARGIN

43.3%

Q4 FY26 · standalone

-1.1 ppYoY

DEBT TO EQUITY

1.8x

Q2 FY20 · standalone

+0.47xYoY

Peers · Financial Institution

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Tourism Finance Corporation of India LimitedTFCILTD
3,00715.778.8%9.9%-71.3%
Indian Railway Finance Corporation Ltd.IRFC
1,21,53713.1826.0%16.3%-34.7%
REC Ltd.RECLTD
84,2365.665.5%20.4%-12.7%
Housing & Urban Development Corporation Ltd.HUDCO
33,86210.0527.5%21.3%-12.9%
Indian Renewable Energy Development Agency Ltd.IREDA
32,29217.9516.8%-24.5%
IFCI Ltd.IFCI
14,040109.7810.1%5.0%+18.0%

As of Q4 FY26

Financials