Tourism Finance Corporation of India Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2026, recommended Final Dividend of Rs. 0.60 per equity share.
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Tourism Finance Corporation of India Limited held its Board meeting on May 13, 2026, and approved several key items. The Board recommended a final dividend of Rs. 0.60 per equity share (30% on face value of Rs. 2) for FY 2025-26, subject to shareholder approval at the AGM. For the year ended March 31, 2026, the company reported total income of Rs. 27,683.49 lakh, up from Rs. 26,006.30 lakh in the previous year. Profit before tax stood at Rs. 15,578.11 lakh versus Rs. 12,802.17 lakh last year, while profit after tax increased to Rs. 12,346.33 lakh from Rs. 10,381.32 lakh. The Board also approved raising resources up to Rs. 1,200 crore via loans or bonds, re-appointed Shri Anoop Bali as Managing Director for 2 years, and appointed M/s C J S Nanda & Associates as internal auditors for FY 2026-27. Statutory auditors issued an unmodified opinion on the financial statements.
The 30% dividend payout and strong profit growth (up nearly 19% YoY in net profit) are positive signals for shareholders. The company maintains healthy financials with no default in loan repayments and adequate internal controls. The Rs. 1,200 crore resource-raising plan may be used for business expansion.