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 FY ended March 31, 2026. Total income grew to Rs.27,683.49 lakh from Rs.26,006.30 lakh in the previous year, while Interest Income increased to Rs.23,827.20 lakh from Rs.20,686.50 lakh. Profit After Tax stood at Rs.12,346.33 lakh, up 18.9% from Rs.10,381.32 lakh in FY 2024-25. 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 approved raising resources up to Rs.1,200 crore and re-appointed Shri Anoop Bali as Managing Director for 2 years. Statutory auditors issued an unmodified opinion with clean internal controls.
The company delivered solid earnings growth with PAT up ~19% and interest income up ~15% year-on-year. The clean audit with unmodified opinion and adequate internal controls should provide confidence to shareholders. The Rs.0.60 dividend offers a modest return. However, stressed accounts (SMA/NPA) and high ECL overlay warrant monitoring.