Tourism Finance Corporation of India Ltd provides financial assistance to the tourism sector comprising hotels, resorts, restaurants, food courts, amusement parks, ropeways, multiplexes, etc.[1]
OfferingsThe company provides financial assistance to tourism-related projects such as hotels, resorts, restaurants, amusement parks, etc, primarily in the form of long-term loans as well as by investing in the debentures, equity, preference shares, etc, of such companies.[1]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | I R F C | 122.01 | 23.33 | 159448.84 | 1.31 | 1776.98 | 10.19 | 6371.89 | -7.65 | 5.83 | 26774.19 | 99.33 | 6835.20 | 1776.98 | 2.84 | 1.34 | 7.25 |
| 2. | Power Fin.Corpn. | 371.85 | 4.96 | 122714.28 | 4.25 | 7834.39 | 8.31 | 28890.24 | 12.32 | 9.73 | 113492.35 | 96.22 | 24754.75 | 5743.25 | 0.97 | 2.75 | 7.88 |
| 3. | REC Ltd | 369.90 | 5.64 | 97402.96 | 4.87 | 4414.93 | 9.34 | 15152.67 | 10.75 | 9.96 | 59513.92 | 96.54 | 17266.97 | 4414.93 | 1.17 | 2.73 | 6.18 |
| 4. | H U D C O | 216.64 | 15.47 | 43369.16 | 1.92 | 709.83 | 3.08 | 3219.03 | 27.85 | 9.62 | 11761.56 | 97.44 | 2802.83 | 709.83 | 2.40 | 2.44 | 7.03 |
| 5. | Indian Renewable | 138.10 | 20.61 | 38795.48 | 0.00 | 584.91 | 37.50 | 2129.87 | 25.40 | 9.37 | 8038.19 | 88.63 | 1882.38 | 584.91 | 3.00 | 2.39 | 5.41 |
| 6. | IFCI | 56.10 | 39.69 | 15115.10 | 0.00 | 317.40 | 71.83 | 732.28 | 18.66 | 8.08 | 2010.62 | 70.73 | 380.79 | 142.96 | 1.71 | 1.57 | 0.40 |
| 7. | Tour. Fin. Corp. | 68.63 | 28.25 | 3177.41 | 0.87 | 29.07 | 13.64 | 66.45 | 2.90 | 10.67 | 255.42 | 87.79 | 112.46 | 29.07 | 2.54 | 4.67 | 0.82 |
| â | Median: 9 Co. | 122.01 | 20.61 | 38795.48 | 0.87 | 584.91 | 10.19 | 2129.87 | 10.75 | 9.49 | 8038.19 | 88.63 | 1882.38 | 584.91 | 2.47 | 2.39 | 5.79 |
Standalone figures in âš crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | â | â | â | â | â | â | â | â | â | â | â | â | â |
Expenses | 13 | 5 | 7 | 7 | 8 | 5 | 7 | 6 | 6 | 10 | 9 | 6 | 6 |
Operating Profit | â | â | â | â | â | â | â | â | â | â | â | â | â |
Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 1 | 2 | 0 |
Profit before tax | 22 | 24 | 32 | 29 | 24 | 36 | 25 | 32 | 32 | 28 | 36 | 38 | 37 |
Tax % | 9% | 25% | 22% | 17% | 21% | 24% | 17% | 20% | 21% | 18% | 17% | 20% | 21% |
Net Profit | 20 | 18 | 25 | 24 | 19 | 28 | 20 | 25 | 26 | 23 | 30 | 31 | 29 |
EPS in Rs | 0.44 | 0.41 | 0.55 | 0.54 | 0.41 | 0.61 | 0.45 | 0.55 | 0.55 | 0.49 | 0.65 | 0.66 | 0.63 |
Standalone Figures in âš Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | â | â | â | â | â | â | â | â | â | â | â | â | â |
Expenses | 20 | 20 | 19 | 43 | 20 | 18 | 47 | 27 | 25 | 30 | 27 | 31 | 31 |
Operating Profit | â | â | â | â | â | â | â | â | â | â | â | â | â |
Other Income | 3 | 2 | 1 | 24 | 0 | 6 | 0 | 0 | 0 | 0 | 0 | 8 | 10 |
Interest | 81 | 85 | 90 | 91 | 96 | 104 | 121 | 130 | 120 | 91 | 100 | 100 | 96 |
Depreciation | 2 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 1 | 1 | 1 |
Profit before tax | 84 | 82 | 76 | 97 | 107 | 114 | 97 | 100 | 108 | 109 | 114 | 128 | 139 |
Net Profit | 58 | 60 | 54 | 70 | 77 | 86 | 81 | 81 | 85 | 88 | 91 | 104 | 112 |
EPS in Rs | 1.45 | 1.49 | 1.33 | 1.75 | 1.92 | 2.14 | 2.01 | 2.00 | 1.89 | 1.95 | 2.02 | 2.24 | 2.43 |
Dividend Payout % | 17% | 24% | 27% | 23% | 21% | 21% | 0% | 8% | 13% | 25% | 25% | 27% | â |
Standalone figures in âš crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 90 | 90 | 90 | 93 | 93 |
Reserves | 356 | 398 | 433 | 474 | 597 | 656 | 673 | 711 | 847 | 927 | 999 | 1,124 | 1,159 |
Borrowings | â | â | â | â | â | â | â | â | â | â | â | â | â |
Other Liabilities | 64 | 65 | 80 | 96 | 35 | 30 | 43 | 34 | 35 | 29 | 39 | 23 | 28 |
Total Liabilities | 1,362 | 1,501 | 1,590 | 1,700 | 2,017 | 2,091 | 2,244 | 2,185 | 2,245 | 2,045 | 2,106 | 2,102 | 2,311 |
Fixed Assets | 30 | 30 | 29 | 20 | 15 | 14 | 18 | 16 | 17 | 15 | 15 | 14 | 14 |
Gross Block | 46.36 | 46.22 | 46.54 | 32.97 | 15.32 | 15.33 | 19.13 | 19.27 | 21.14 | 18.89 | 19.23 | 18.76 | â |
Accumulated Depreciation | 16.11 | 16.69 | 17.42 | 12.57 | 0.63 | 0.98 | 1.62 | 2.77 | 4.24 | 3.66 | 4.71 | 4.99 | â |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 138 | 190 | 255 | 248 | 301 | 318 | 219 | 159 | 165 | 338 | 461 | 259 | 390 |
Other Assets | 1,193 | 1,281 | 1,307 | 1,432 | 1,701 | 1,758 | 2,008 | 2,010 | 2,062 | 1,692 | 1,630 | 1,830 | 1,907 |
Total Assets | 1,362 | 1,501 | 1,590 | 1,700 | 2,017 | 2,091 | 2,244 | 2,185 | 2,245 | 2,045 | 2,106 | 2,102 | 2,311 |
Standalone Figures in âš Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 19 | 15 | 22 | -7 | 135 | -54 | 161 | -171 | 139 | -137 | -7 | 70 |
Cash from Investing Activity | -0 | -0 | -0 | 31 | -0 | -0 | -1 | -0 | -2 | -0 | -0 | 12 |
Cash from Financing Activity | -11 | -21 | -19 | -19 | -20 | -20 | -22 | -1 | 57 | -12 | -22 | 26 |
Net Cash Flow | 7 | -6 | 3 | 6 | 115 | -74 | 139 | -172 | 193 | -149 | -29 | 109 |
Standalone Figures in âš Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | â | â | â | â | â | â | â | â | â | â | â | â |
Inventory Days | â | â | â | â | â | â | â | â | â | â | â | â |
Days Payable | â | â | â | â | â | â | â | â | â | â | â | â |
Cash Conversion Cycle | â | â | â | â | â | â | â | â | â | â | â | â |
Working Capital Days | â | â | â | â | â | â | â | â | â | â | â | â |
ROCE % | â | â | â | â | â | â | â | â | â | â | â | â |
Direct from BSE filings, auto-summarised
External media mentions & references
Editorial & research coverage
Stock Analysis
Tourism Finance Corporation of India Ltd. (TFCI) is a financial institution that provides financial assistance to projects within the tourism sector, including hotels, resorts, and amusement parks.
The company's strategic diversification into co-sponsoring Alternative Investment Funds (AIFs) in the hospitality and real estate sectors is a significant growth trigger, aiming to capitalize on opportunities in these burgeoning markets. The consistent increase in shareholding by director Aditya Kumar Halwasiya also signals confidence in the company's future prospects.
Currently no data available for Order Book.
No specific red flags are identified in the recent disclosures.
The company's trading window was closed from January 1, 2026, pending the declaration of Q3 FY26 results. Investors await the announcement of these results for further financial updates.
Corporate Announcements
