Tourism Finance Corporation of India Limited has informed the Exchange regarding Outcome of Board Meeting held on May 13, 2026.
TFCILTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board approved audited financial results for FY2026 (year ended March 31, 2026). Total income grew to Rs.27,683.49 lakh from Rs.26,006.30 lakh in the prior year, a 6.5% increase. Profit after tax rose to Rs.12,346.33 lakh from Rs.10,381.32 lakh, up approximately 19%. The auditors (Rama K Gupta & Company) issued an unmodified opinion with no qualifications. Key audit concerns included Expected Credit Loss (ECL) provisions on a loan portfolio of Rs.2,08,814.09 lakh, with an overlay of Rs.3,367.52 lakh due to stressed accounts. The Board declared a dividend of Rs.0.60 per share (30%) for FY2025-26, approved a borrowing limit of up to Rs.1,200 crore, and reappointed Anoop Bali as Managing Director for 2 years.
The company delivered ~19% PAT growth with margin expansion to ~56%, supported by an unqualified auditor opinion. No going concern issues were raised. However, stressed assets (SMA and NPA accounts) remain under monitoring, warranting investor attention.