Board Meeting Outcome
TFCILTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tourism Finance Corporation of India Ltd reported audited financial results for Q4 and full year ended March 31, 2026. Total income increased to Rs. 27,683.49 lakh from Rs. 26,006.30 lakh in the previous year, while finance costs decreased to Rs. 9,311.06 lakh from Rs. 10,017.32 lakh. Profit before tax grew significantly to Rs. 15,578.11 lakh compared to Rs. 12,802.17 lakh, and profit after tax stood at Rs. 12,346.33 lakh versus Rs. 10,381.32 lakh. The Board recommended a dividend of Rs. 0.60 per equity share (30%) for FY 2025-26. Gross loans stood at Rs. 2,08,814.09 lakh with ECL provision of Rs. 3,616.19 lakh. The company also received an unmodified audit opinion and disclosed related party transactions. The Board approved raising resources up to Rs. 1,200 crore and re-appointed Shri Anoop Bali as Managing Director for 2 years.
The company delivered strong profitability growth with PAT up ~19% year-on-year, indicating improved operational efficiency. The clean audit opinion and dividend declaration are positive signals for shareholders. The significant increase in borrowings (from Rs. 52,810 lakh to Rs. 90,290 lakh) will require monitoring for debt servicing capacity.