Tourism Finance Corporation of India Limited has informed the Exchange that Board of Directors at its meeting held on May 09, 2025, recommended Final Dividend of Rs. 3 per equity share.
TFCILTD · price
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Tourism Finance Corporation of India (TFCI), an NBFC, held its board meeting on May 9, 2025 and approved audited results for the quarter and year ended March 31, 2025. For FY25, total income rose to Rs. 26,006.30 lakh from Rs. 24,203.56 lakh in FY24, while profit after tax grew to Rs. 10,381.32 lakh from Rs. 9,110.79 lakh, translating to EPS of Rs. 11.21 (vs Rs. 10.08). The board recommended a final dividend of Rs. 3 per equity share (30%) for FY25, subject to shareholder approval at the AGM. The board also approved raising up to Rs. 1,000 crore through bank loans, bonds or debentures, and appointed M/s C J S Nanda & Associates as internal auditors for FY26. The statutory auditor issued an unmodified opinion on the financial statements.
The 30% dividend signals steady profitability and rewards shareholders, while steady PAT growth (~14%) and rising loan book indicate healthy core operations. The Rs. 1,000 crore borrowing plan and large SMA/NPA exposure (over Rs. 8,800 lakh) are worth monitoring for asset quality going forward.