Tourism Finance Corporation Of India Ltd.
•₹ 130.99-1.33%
2026-08-21
PROS
- Comfortable capital adequacy - CAR of 55.5%
- Solid return on assets for a lender - ROA of 5.5%
- Latest quarter profit grew 100.3% YoY, showing strong momentum
- Company has a consistent dividend-paying track record
CONS
- Promoter holding has decreased over last 2 years: -4.0pp
- Company has a low return on capital employed of 10.9%
- Company has a low return on equity of 9.1% over last 3 years
- Company has delivered a poor sales growth of 1.2% over past five years
- Company has delivered a poor profit growth of 8.9% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | PFC | 363.95 | 4.61 | 120107.20 | 5.10 | 8997.92 | 0.18 | 28526.86 | 0.32 | 10.05 | 99.88 |
| 2. | IRFC | 86.42 | 0.00 | 112938.03 | 2.43 | 1927.21 | 10.40 | 8261.11 | 451.73 | 5.64 | 99.49 |
| 3. | RECLTD | 328.75 | 5.40 | 86567.24 | 5.64 | 4192.76 | -6.11 | 14434.92 | -1.51 | 9.71 | 96.90 |
| 4. | IFCI | 81.79 | 126.34 | 22036.80 | 0.00 | 60.27 | -3.46 | 327.06 | 4.79 | 11.51 | 57.66 |
| 5. | TFCILTD | 132.40 | 71.71 | 6129.82 | 0.45 | 18.38 | -8.25 | 51.00 | -17.46 | 11.13 | 90.10 |
| 6. | SATIN | 226.60 | 6.11 | 2503.27 | 0.00 | 122.65 | 171.94 | 762.14 | 7.70 | 12.15 | 62.96 |
| 7. | TRU | 4.21 | 0.00 | 50.04 | 0.00 | -10.58 | -16.29 | 11.27 | -62.55 | 3.48 | -79.12 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 59 | 57 | 64 | 58 | 62 | 65 | 57 | 68 | 64 | 66 | 70 | 74 | 81 | |
| 7 | 8 | 5 | 7 | 6 | 6 | 6 | 9 | 6 | 6 | 6 | 9 | 36 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 1 | 2 | 0 | 1 | 0 | 34 |
| Interest | 23 | 26 | 26 | 26 | 24 | 26 | 26 | 24 | 22 | 23 | 24 | 24 | 26 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 29 | 24 | 36 | 25 | 32 | 32 | 28 | 36 | 38 | 37 | 40 | 41 | 78 | |
| Tax % | 17.02% | 21.05% | 23.55% | 17.31% | 20.38% | 20.76% | 17.80% | 16.83% | 19.92% | 20.51% | 21.12% | 21.37% | 21.85% |
| Net Profit | 24 | 19 | 28 | 20 | 25 | 26 | 23 | 30 | 31 | 29 | 32 | 32 | 61 |
| 3 | 2 | 3 | 2 | 3 | 1 | 0 | 1 | 3 | 1 | 1 | 1 | 0 | |
| Equity Capital | 90 | 90 | 90 | 90 | 93 | 93 | 93 | 93 | 93 | 93 | 93 | 93 | 93 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 90 | 90 | 90 | 90 | 93 | 93 | 93 | 93 | 93 | 93 | 93 | 93 | 93 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 59
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 23
- Depreciation
- 0
- 29
- Tax %
- 17.02%
- Net Profit
- 24
- 3
- Equity Capital
- 90
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 90
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 57
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 26
- Depreciation
- 0
- 24
- Tax %
- 21.05%
- Net Profit
- 19
- 2
- Equity Capital
- 90
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 90
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 64
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 26
- Depreciation
- 0
- 36
- Tax %
- 23.55%
- Net Profit
- 28
- 3
- Equity Capital
- 90
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 90
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 58
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 26
- Depreciation
- 0
- 25
- Tax %
- 17.31%
- Net Profit
- 20
- 2
- Equity Capital
- 90
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 90
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 62
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 24
- Depreciation
- 0
- 32
- Tax %
- 20.38%
- Net Profit
- 25
- 3
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 65
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 26
- Depreciation
- 0
- 32
- Tax %
- 20.76%
- Net Profit
- 26
- 1
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 57
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 26
- Depreciation
- 0
- 28
- Tax %
- 17.80%
- Net Profit
- 23
- 0
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 68
- 9
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 24
- Depreciation
- 0
- 36
- Tax %
- 16.83%
- Net Profit
- 30
- 1
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 64
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 22
- Depreciation
- 0
- 38
- Tax %
- 19.92%
- Net Profit
- 31
- 3
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 66
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 23
- Depreciation
- 0
- 37
- Tax %
- 20.51%
- Net Profit
- 29
- 1
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 70
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 24
- Depreciation
- 0
- 40
- Tax %
- 21.12%
- Net Profit
- 32
- 1
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 74
- 9
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 24
- Depreciation
- 0
- 41
- Tax %
- 21.37%
- Net Profit
- 32
- 1
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 81
- 36
- Operating Profit
- —
- OPM %
- —
- Other Income
- 34
- Interest
- 26
- Depreciation
- 0
- 78
- Tax %
- 21.85%
- Net Profit
- 61
- 0
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 93
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 208 | 224 | 230 | 276 | 258 | 254 | 231 | 242 | 252 | 274 | 291 | |
| 43 | 20 | 18 | 60 | 27 | 25 | 30 | 27 | 31 | 27 | 57 | |
| Operating Profit | 165 | 204 | 218 | 219 | 231 | 229 | 202 | 215 | 229 | 249 | — |
| OPM % | 79 | 91 | 95 | 79 | 89 | 90 | 87 | 89 | 91 | 91 | — |
| Other Income | 1 | 0 | 6 | 3 | 0 | 0 | 0 | 0 | 8 | 3 | 35 |
| Interest | 91 | 96 | 104 | 121 | 130 | 120 | 91 | 100 | 100 | 93 | 98 |
| Depreciation | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 |
| 97 | 107 | 114 | 97 | 100 | 108 | 109 | 114 | 128 | 156 | 196 | |
| Tax % | 27 | 28 | 24 | 17 | 19 | 21 | 20 | 20 | 19 | 21 | 21 |
| Net Profit | 70 | 77 | 86 | 81 | 81 | 85 | 88 | 91 | 104 | 123 | 154 |
| EPS | 0 | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 2 | 3 | — |
| Dividend Payout % | 23 | 21 | 21 | 0 | 8 | 13 | 25 | 25 | 27 | 22 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | 3 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | 3 | — |
Mar 2017
- 208
- 43
- Operating Profit
- 165
- OPM %
- 79
- Other Income
- 1
- Interest
- 91
- Depreciation
- 1
- 97
- Tax %
- 27
- Net Profit
- 70
- EPS
- 0
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2018
- 224
- 20
- Operating Profit
- 204
- OPM %
- 91
- Other Income
- 0
- Interest
- 96
- Depreciation
- 1
- 107
- Tax %
- 28
- Net Profit
- 77
- EPS
- 0
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2019
- 230
- 18
- Operating Profit
- 218
- OPM %
- 95
- Other Income
- 6
- Interest
- 104
- Depreciation
- 0
- 114
- Tax %
- 24
- Net Profit
- 86
- EPS
- 0
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2020
- 276
- 60
- Operating Profit
- 219
- OPM %
- 79
- Other Income
- 3
- Interest
- 121
- Depreciation
- 1
- 97
- Tax %
- 17
- Net Profit
- 81
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2021
- 258
- 27
- Operating Profit
- 231
- OPM %
- 89
- Other Income
- 0
- Interest
- 130
- Depreciation
- 1
- 100
- Tax %
- 19
- Net Profit
- 81
- EPS
- 10
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2022
- 254
- 25
- Operating Profit
- 229
- OPM %
- 90
- Other Income
- 0
- Interest
- 120
- Depreciation
- 1
- 108
- Tax %
- 21
- Net Profit
- 85
- EPS
- 10
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2023
- 231
- 30
- Operating Profit
- 202
- OPM %
- 87
- Other Income
- 0
- Interest
- 91
- Depreciation
- 2
- 109
- Tax %
- 20
- Net Profit
- 88
- EPS
- 10
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 242
- 27
- Operating Profit
- 215
- OPM %
- 89
- Other Income
- 0
- Interest
- 100
- Depreciation
- 1
- 114
- Tax %
- 20
- Net Profit
- 91
- EPS
- 10
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2025
- 252
- 31
- Operating Profit
- 229
- OPM %
- 91
- Other Income
- 8
- Interest
- 100
- Depreciation
- 1
- 128
- Tax %
- 19
- Net Profit
- 104
- EPS
- 2
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2026
- 274
- 27
- Operating Profit
- 249
- OPM %
- 91
- Other Income
- 3
- Interest
- 93
- Depreciation
- 1
- 156
- Tax %
- 21
- Net Profit
- 123
- EPS
- 3
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
TTM
- 291
- 57
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 98
- Depreciation
- 1
- 196
- Tax %
- 21
- Net Profit
- 154
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 4%
- 5 Years:
- 1%
- 3 Years:
- 6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 9%
- 5 Years:
- 9%
- 3 Years:
- 12%
STOCK PRICE CAGR
- 10 Years:
- 31%
- 5 Years:
- 60%
- 3 Years:
- 84%
- 1 Year:
- 110%
RETURN ON EQUITY
- 10 Years:
- 11%
- 5 Years:
- 9%
- 3 Years:
- 9%
- Last Year:
- 10%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 81 | 81 | 81 | 81 | 81 | 90 | 90 | 90 | 93 | 93 |
| 474 | 597 | 656 | 673 | 711 | 847 | 927 | 999 | 1,124 | 1,223 | |
| 92 | 215 | 30 | 50 | 60 | 80 | 30 | 134 | 317 | 271 | |
| Trade Payables | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1,054 | 1,364 | 1,586 | 1,721 | 1,633 | 1,392 | 1,183 | 875 | 565 | 823 | |
| Total Liabilities | 1,700 | 2,259 | 2,355 | 2,525 | 2,485 | 2,409 | 2,230 | 2,099 | 2,098 | 2,409 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 20 | 15 | 14 | 18 | 16 | 17 | 15 | 15 | 14 | 13 | |
| 248 | 301 | 318 | 219 | 159 | 165 | 338 | 461 | 259 | 249 | |
| Cash & Bank | 11 | 126 | 52 | 191 | 18 | 211 | 62 | 34 | 142 | 68 |
| 1,421 | 1,817 | 1,971 | 2,098 | 2,292 | 2,015 | 1,815 | 1,590 | 1,683 | 2,079 | |
| Total Assets | 1,700 | 2,259 | 2,355 | 2,525 | 2,485 | 2,409 | 2,230 | 2,099 | 2,098 | 2,409 |
| Total Debt | 1,050 | 1,304 | 1,324 | 1,447 | 1,360 | 1,272 | 999 | 978 | 862 | 1,078 |
| Net Working Capital | 106 | -4 | 84 | 136 | -44 | 123 | 37 | 216 | 23 | -83 |
| Contingent Liabilities | 16 | 9 | 1 | 2 | 5 | 5 | 6 | 6 | 1 | 0 |
| Book Value per Share | 68.67 | 84.02 | 91.30 | 93.35 | 98.07 | 103.68 | 112.55 | 120.57 | 26.27 | 28.41 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 |
| Total Debt | 1,050 | 1,304 | 1,324 | 1,447 | 1,360 | 1,272 | 999 | 978 | 862 | 1,078 |
| Net Working Capital | 106 | -4 | 84 | 136 | -44 | 123 | 37 | 216 | 23 | -83 |
| Contingent Liabilities | 16 | 9 | 1 | 2 | 5 | 5 | 6 | 6 | 1 | 0 |
| Book Value per Share | 68.67 | 84.02 | 91.30 | 93.35 | 98.07 | 103.68 | 112.55 | 120.57 | 26.27 | 28.41 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 |
Mar 2017
- Equity Capital
- 81
- 474
- 92
- Trade Payables
- 0
- 1,054
- Total Liabilities
- 1,700
- 20
- 248
- Cash & Bank
- 11
- 1,421
- Total Assets
- 1,700
- Total Debt
- 1,050
- Net Working Capital
- 106
- Contingent Liabilities
- 16
- Book Value per Share
- 68.67
- Face Value
- 10.00
- Total Debt
- 1,050
- Net Working Capital
- 106
- Contingent Liabilities
- 16
- Book Value per Share
- 68.67
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 81
- 597
- 215
- Trade Payables
- 1
- 1,364
- Total Liabilities
- 2,259
- 15
- 301
- Cash & Bank
- 126
- 1,817
- Total Assets
- 2,259
- Total Debt
- 1,304
- Net Working Capital
- -4
- Contingent Liabilities
- 9
- Book Value per Share
- 84.02
- Face Value
- 10.00
- Total Debt
- 1,304
- Net Working Capital
- -4
- Contingent Liabilities
- 9
- Book Value per Share
- 84.02
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 81
- 656
- 30
- Trade Payables
- 1
- 1,586
- Total Liabilities
- 2,355
- 14
- 318
- Cash & Bank
- 52
- 1,971
- Total Assets
- 2,355
- Total Debt
- 1,324
- Net Working Capital
- 84
- Contingent Liabilities
- 1
- Book Value per Share
- 91.30
- Face Value
- 10.00
- Total Debt
- 1,324
- Net Working Capital
- 84
- Contingent Liabilities
- 1
- Book Value per Share
- 91.30
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 81
- 673
- 50
- Trade Payables
- 0
- 1,721
- Total Liabilities
- 2,525
- 18
- 219
- Cash & Bank
- 191
- 2,098
- Total Assets
- 2,525
- Total Debt
- 1,447
- Net Working Capital
- 136
- Contingent Liabilities
- 2
- Book Value per Share
- 93.35
- Face Value
- 10.00
- Total Debt
- 1,447
- Net Working Capital
- 136
- Contingent Liabilities
- 2
- Book Value per Share
- 93.35
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 81
- 711
- 60
- Trade Payables
- 0
- 1,633
- Total Liabilities
- 2,485
- 16
- 159
- Cash & Bank
- 18
- 2,292
- Total Assets
- 2,485
- Total Debt
- 1,360
- Net Working Capital
- -44
- Contingent Liabilities
- 5
- Book Value per Share
- 98.07
- Face Value
- 10.00
- Total Debt
- 1,360
- Net Working Capital
- -44
- Contingent Liabilities
- 5
- Book Value per Share
- 98.07
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 90
- 847
- 80
- Trade Payables
- 0
- 1,392
- Total Liabilities
- 2,409
- 17
- 165
- Cash & Bank
- 211
- 2,015
- Total Assets
- 2,409
- Total Debt
- 1,272
- Net Working Capital
- 123
- Contingent Liabilities
- 5
- Book Value per Share
- 103.68
- Face Value
- 10.00
- Total Debt
- 1,272
- Net Working Capital
- 123
- Contingent Liabilities
- 5
- Book Value per Share
- 103.68
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 90
- 927
- 30
- Trade Payables
- 0
- 1,183
- Total Liabilities
- 2,230
- 15
- 338
- Cash & Bank
- 62
- 1,815
- Total Assets
- 2,230
- Total Debt
- 999
- Net Working Capital
- 37
- Contingent Liabilities
- 6
- Book Value per Share
- 112.55
- Face Value
- 10.00
- Total Debt
- 999
- Net Working Capital
- 37
- Contingent Liabilities
- 6
- Book Value per Share
- 112.55
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 90
- 999
- 134
- Trade Payables
- 0
- 875
- Total Liabilities
- 2,099
- 15
- 461
- Cash & Bank
- 34
- 1,590
- Total Assets
- 2,099
- Total Debt
- 978
- Net Working Capital
- 216
- Contingent Liabilities
- 6
- Book Value per Share
- 120.57
- Face Value
- 10.00
- Total Debt
- 978
- Net Working Capital
- 216
- Contingent Liabilities
- 6
- Book Value per Share
- 120.57
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 93
- 1,124
- 317
- Trade Payables
- 0
- 565
- Total Liabilities
- 2,098
- 14
- 259
- Cash & Bank
- 142
- 1,683
- Total Assets
- 2,098
- Total Debt
- 862
- Net Working Capital
- 23
- Contingent Liabilities
- 1
- Book Value per Share
- 26.27
- Face Value
- 2.00
- Total Debt
- 862
- Net Working Capital
- 23
- Contingent Liabilities
- 1
- Book Value per Share
- 26.27
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 93
- 1,223
- 271
- Trade Payables
- 0
- 823
- Total Liabilities
- 2,409
- 13
- 249
- Cash & Bank
- 68
- 2,079
- Total Assets
- 2,409
- Total Debt
- 1,078
- Net Working Capital
- -83
- Contingent Liabilities
- 0
- Book Value per Share
- 28.41
- Face Value
- 2.00
- Total Debt
- 1,078
- Net Working Capital
- -83
- Contingent Liabilities
- 0
- Book Value per Share
- 28.41
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -7 | 135 | -54 | 161 | -171 | 139 | -137 | -7 | 55 | -46 | |
| Cash from Investing | 31 | -0 | -0 | -1 | -0 | -2 | -0 | -0 | 12 | -0 |
| Cash from Financing | -19 | -20 | -20 | -22 | -1 | 57 | -12 | -22 | 26 | -28 |
| 6 | 115 | -74 | 139 | -172 | 193 | -149 | -29 | 94 | -74 | |
| Free Cash Flow | -7 | 135 | -54 | 158 | -172 | 137 | -137 | -7 | 55 | -46 |
| OCF / Net Profit | -0.10 | 1.74 | -0.63 | 1.99 | -2.12 | 1.63 | -1.56 | -0.07 | 0.53 | -0.37 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 60 | 204 | -68 | -21 | -123 | 2 |
| OCF / Net Profit | -0.10 | 1.74 | -0.63 | 1.99 | -2.12 | 1.63 | -1.56 | -0.07 | 0.53 | -0.37 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 60 | 204 | -68 | -21 | -123 | 2 |
Mar 2017
- -7
- Cash from Investing
- 31
- Cash from Financing
- -19
- 6
- Free Cash Flow
- -7
- OCF / Net Profit
- -0.10
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.10
- Cumulative 5-Year FCF
- 0
Mar 2018
- 135
- Cash from Investing
- -0
- Cash from Financing
- -20
- 115
- Free Cash Flow
- 135
- OCF / Net Profit
- 1.74
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.74
- Cumulative 5-Year FCF
- 0
Mar 2019
- -54
- Cash from Investing
- -0
- Cash from Financing
- -20
- -74
- Free Cash Flow
- -54
- OCF / Net Profit
- -0.63
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.63
- Cumulative 5-Year FCF
- 0
Mar 2020
- 161
- Cash from Investing
- -1
- Cash from Financing
- -22
- 139
- Free Cash Flow
- 158
- OCF / Net Profit
- 1.99
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.99
- Cumulative 5-Year FCF
- 0
Mar 2021
- -171
- Cash from Investing
- -0
- Cash from Financing
- -1
- -172
- Free Cash Flow
- -172
- OCF / Net Profit
- -2.12
- Cumulative 5-Year FCF
- 60
- OCF / Net Profit
- -2.12
- Cumulative 5-Year FCF
- 60
Mar 2022
- 139
- Cash from Investing
- -2
- Cash from Financing
- 57
- 193
- Free Cash Flow
- 137
- OCF / Net Profit
- 1.63
- Cumulative 5-Year FCF
- 204
- OCF / Net Profit
- 1.63
- Cumulative 5-Year FCF
- 204
Mar 2023
- -137
- Cash from Investing
- -0
- Cash from Financing
- -12
- -149
- Free Cash Flow
- -137
- OCF / Net Profit
- -1.56
- Cumulative 5-Year FCF
- -68
- OCF / Net Profit
- -1.56
- Cumulative 5-Year FCF
- -68
Mar 2024
- -7
- Cash from Investing
- -0
- Cash from Financing
- -22
- -29
- Free Cash Flow
- -7
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- -21
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- -21
Mar 2025
- 55
- Cash from Investing
- 12
- Cash from Financing
- 26
- 94
- Free Cash Flow
- 55
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- -123
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- -123
Mar 2026
- -46
- Cash from Investing
- -0
- Cash from Financing
- -28
- -74
- Free Cash Flow
- -46
- OCF / Net Profit
- -0.37
- Cumulative 5-Year FCF
- 2
- OCF / Net Profit
- -0.37
- Cumulative 5-Year FCF
- 2
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 8.73 | 9.60 | 10.69 | 10.04 | 10.00 | 9.44 | 9.73 | 10.08 | 2.24 | 2.67 |
| Book Value (₹) | 68.67 | 84.02 | 91.30 | 93.35 | 98.07 | 103.68 | 112.55 | 120.57 | 26.27 | 28.41 |
| Dividend per Share (₹) | 2.00 | 2.00 | 2.20 | 0.00 | 0.80 | 1.20 | 2.40 | 2.50 | 0.60 | 0.60 |
| Cash EPS (₹) | 1.76 | 1.94 | 2.15 | 2.02 | 2.03 | 1.92 | 1.98 | 2.04 | 0.45 | 2.68 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 79.48% | 91.25% | 94.85% | 79.38% | 89.42% | 90.25% | 87.14% | 88.94% | 87.67% | 89.99% |
| Net Margin % | 33.91% | 34.65% | 37.47% | 29.39% | 31.24% | 33.57% | 38.00% | 37.67% | 41.26% | 45.11% |
| ROE % | 13.19% | 12.57% | 12.19% | 10.87% | 10.45% | 9.87% | 9.00% | 8.65% | 9.00% | 9.75% |
| ROCE % | 12.06% | 11.35% | 10.79% | 10.24% | 10.57% | 10.46% | 9.47% | 10.49% | 11.01% | 11.13% |
| 4.28% | 3.91% | 3.74% | 3.32% | 3.22% | 3.49% | 3.79% | 4.21% | 4.95% | 5.48% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.89x | 1.92x | 1.80x | 1.92x | 1.72x | 1.36x | 0.98x | 0.90x | 0.71x | 0.82x |
| Interest Coverage (x) | 2.07x | 2.11x | 2.09x | 1.81x | 1.77x | 1.90x | 2.21x | 2.14x | 2.28x | 2.67x |
| 1.70x | 0.99x | 2.38x | 2.45x | 0.53x | 2.07x | 1.62x | 2.26x | 1.07x | 0.71x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 12.75% | 7.66% | 2.95% | 19.73% | -6.24% | -1.65% | -8.94% | 4.49% | 4.04% | 8.77% |
| Operating Profit Growth % | -0.87% | 23.60% | 7.01% | 0.21% | 5.62% | -0.74% | -12.09% | 6.75% | 6.38% | 8.92% |
| Net Profit Growth % | 31.36% | 10.02% | 11.31% | -6.07% | -0.33% | 5.66% | 3.08% | 3.59% | 13.95% | 18.93% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.59% | -77.76% | 18.93% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 17.29x | 15.16x | 23.83x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.45x | 6.47x | 2.24x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.43% | 0.35% | 0.94% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 11.70x | 37.50x | 15.84x |
Mar 2017
- EPS (₹)
- 8.73
- Book Value (₹)
- 68.67
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 1.76
- Operating Margin %
- 79.48%
- Net Margin %
- 33.91%
- ROE %
- 13.19%
- ROCE %
- 12.06%
- 4.28%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 1.89x
- Interest Coverage (x)
- 2.07x
- 1.70x
- Revenue Growth %
- 12.75%
- Operating Profit Growth %
- -0.87%
- Net Profit Growth %
- 31.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 9.60
- Book Value (₹)
- 84.02
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 1.94
- Operating Margin %
- 91.25%
- Net Margin %
- 34.65%
- ROE %
- 12.57%
- ROCE %
- 11.35%
- 3.91%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 1.92x
- Interest Coverage (x)
- 2.11x
- 0.99x
- Revenue Growth %
- 7.66%
- Operating Profit Growth %
- 23.60%
- Net Profit Growth %
- 10.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 10.69
- Book Value (₹)
- 91.30
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 2.15
- Operating Margin %
- 94.85%
- Net Margin %
- 37.47%
- ROE %
- 12.19%
- ROCE %
- 10.79%
- 3.74%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 1.80x
- Interest Coverage (x)
- 2.09x
- 2.38x
- Revenue Growth %
- 2.95%
- Operating Profit Growth %
- 7.01%
- Net Profit Growth %
- 11.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 10.04
- Book Value (₹)
- 93.35
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.02
- Operating Margin %
- 79.38%
- Net Margin %
- 29.39%
- ROE %
- 10.87%
- ROCE %
- 10.24%
- 3.32%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 1.92x
- Interest Coverage (x)
- 1.81x
- 2.45x
- Revenue Growth %
- 19.73%
- Operating Profit Growth %
- 0.21%
- Net Profit Growth %
- -6.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 10.00
- Book Value (₹)
- 98.07
- Dividend per Share (₹)
- 0.80
- Cash EPS (₹)
- 2.03
- Operating Margin %
- 89.42%
- Net Margin %
- 31.24%
- ROE %
- 10.45%
- ROCE %
- 10.57%
- 3.22%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 1.72x
- Interest Coverage (x)
- 1.77x
- 0.53x
- Revenue Growth %
- -6.24%
- Operating Profit Growth %
- 5.62%
- Net Profit Growth %
- -0.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 9.44
- Book Value (₹)
- 103.68
- Dividend per Share (₹)
- 1.20
- Cash EPS (₹)
- 1.92
- Operating Margin %
- 90.25%
- Net Margin %
- 33.57%
- ROE %
- 9.87%
- ROCE %
- 10.46%
- 3.49%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 1.36x
- Interest Coverage (x)
- 1.90x
- 2.07x
- Revenue Growth %
- -1.65%
- Operating Profit Growth %
- -0.74%
- Net Profit Growth %
- 5.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 9.73
- Book Value (₹)
- 112.55
- Dividend per Share (₹)
- 2.40
- Cash EPS (₹)
- 1.98
- Operating Margin %
- 87.14%
- Net Margin %
- 38.00%
- ROE %
- 9.00%
- ROCE %
- 9.47%
- 3.79%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.98x
- Interest Coverage (x)
- 2.21x
- 1.62x
- Revenue Growth %
- -8.94%
- Operating Profit Growth %
- -12.09%
- Net Profit Growth %
- 3.08%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 10.08
- Book Value (₹)
- 120.57
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 2.04
- Operating Margin %
- 88.94%
- Net Margin %
- 37.67%
- ROE %
- 8.65%
- ROCE %
- 10.49%
- 4.21%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.90x
- Interest Coverage (x)
- 2.14x
- 2.26x
- Revenue Growth %
- 4.49%
- Operating Profit Growth %
- 6.75%
- Net Profit Growth %
- 3.59%
- 3.59%
- P/E (x)
- 17.29x
- P/B (x)
- 1.45x
- Dividend Yield %
- 1.43%
- 11.70x
Mar 2025
- EPS (₹)
- 2.24
- Book Value (₹)
- 26.27
- Dividend per Share (₹)
- 0.60
- Cash EPS (₹)
- 0.45
- Operating Margin %
- 87.67%
- Net Margin %
- 41.26%
- ROE %
- 9.00%
- ROCE %
- 11.01%
- 4.95%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.71x
- Interest Coverage (x)
- 2.28x
- 1.07x
- Revenue Growth %
- 4.04%
- Operating Profit Growth %
- 6.38%
- Net Profit Growth %
- 13.95%
- -77.76%
- P/E (x)
- 15.16x
- P/B (x)
- 6.47x
- Dividend Yield %
- 0.35%
- 37.50x
Mar 2026
- EPS (₹)
- 2.67
- Book Value (₹)
- 28.41
- Dividend per Share (₹)
- 0.60
- Cash EPS (₹)
- 2.68
- Operating Margin %
- 89.99%
- Net Margin %
- 45.11%
- ROE %
- 9.75%
- ROCE %
- 11.13%
- 5.48%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 2.67x
- 0.71x
- Revenue Growth %
- 8.77%
- Operating Profit Growth %
- 8.92%
- Net Profit Growth %
- 18.93%
- 18.93%
- P/E (x)
- 23.83x
- P/B (x)
- 2.24x
- Dividend Yield %
- 0.94%
- 15.84x
Documents
Announcements
- Shareholders meeting
2026-08-21 - Tourism Finance Corporation of India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 21, 2026. Further, the company has informed the Exchange regarding voting results.
- Shareholders meeting
2026-08-21 - Tourism Finance Corporation of India Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 21, 2026
Annual Reports
Credit Ratings
Nothing filed yet.