TFCILTDNSETourism Finance Corporation of India Limited· Financial InstitutionHighNeutral
Announced Wed, 13 May · 19:31 IST

Tourism Finance Corporation of India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Related Party TransactionsResults View source PDF

TFCILTD · price

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Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹74.63
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AI summary

Tourism Finance Corporation of India (TFCILTD), an NBFC, has reported audited financial results for FY26 ending March 2026. Total income increased to Rs. 27,683.49 lakh from Rs. 26,006.30 lakh in the previous year, while profit after tax rose to Rs. 12,346.33 lakh from Rs. 10,381.32 lakh, representing an 18.9% PAT growth. The company reported gross loans of Rs. 2,08,814.09 lakh with ECL provision of Rs. 3,616.19 lakh (including Rs. 3,367.52 lakh overlay). The board has recommended a dividend of Rs. 0.60 per share (30%) and approved raising resources up to Rs. 1,200 crore. Statutory auditors issued an unmodified (clean) opinion. One SMA account of Rs. 1,269.97 lakh is under stress, and three NPA accounts totaling Rs. 782.07 lakh are overdue. Related party transactions were disclosed during the year.

Likely market impact

The 18.9% PAT growth and clean audit opinion indicate stable financial health. The stressed assets and modest ECL coverage (1.73% of gross loans) warrant monitoring. The Rs. 1,200 crore borrowing authorization signals plans for balance sheet expansion.