NSE: TFCILTD · BSE: 526650 · ISIN INE305A01023
Tourism Finance Corporation of India Limited stock analysis
Tourism Finance Corporation of India Limited ranks #2992 in the TickerSutra evidence-ranked universe with a score of 43/100 and 95% data confidence. The latest captured fundamentals show ROCE of 11.1%, quarterly sales growth of 27.2% and quarterly profit growth of 100.3%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
- CFO/EBITDA is below 0.6×
- Promoter holding is below 25%
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹254cr | ₹109cr | ₹85cr | 43.0% |
| 2023 | ₹231cr | ₹111cr | ₹88cr | 48.0% |
| 2024 | ₹242cr | ₹115cr | ₹91cr | 47.0% |
| 2025 | ₹252cr | ₹121cr | ₹104cr | 48.0% |
| 2026 | ₹277cr | ₹156cr | ₹123cr | 56.0% |
| TTM | ₹291cr | ₹161cr | ₹154cr | 55.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Tourism Finance Corporation of India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineTourism Finance Corporation of India Ltd - 526650 - Reply To Clarification SoughtBSE · 23 Sept 2026Reply to clarification sougnt
RoutineTourism Finance Corporation of India Ltd - 526650 - Clarification sought from Tourism Finance Corporation of India LtdBSE · 23 Sept 2026The Exchange has sought clarification from Tourism Finance Corporation of India Ltd on September 23, 2026, with reference to Movement in Volume. <BR><BR>The reply is awaited.
MANAGEMENT COMMENTARY
Signals from filed documents
3 % t o t h e c o u n t r y ’ s G D P . G o v e r n m e n t initiatives, particularly implementation of the Real Estate (Regulation and Development) Act (RERA), have significantly enhanced transparency, strengthened regulatory oversight, and improved homebuyer confidence. Increased adoption of digital technologies across the sector has further supported market efficiency and demand.
While TFCI will continue to maintain a diversified portfolio, it will leverage its long-standing expertise in the hospitality and tourism sector, which will remain a key focus area in FY2027. The Company will focus on financing greenfield projects, last-mile funding for projects under implementation, brownfield projects, takeover/refinancing opportunities, acquisition finance, corporate finance, structured finance an
This structure is designed in line with industry benchmarks and comparable organizations. Furthermore, the Performance Linked Incentive for both Key Managerial Personnel and regular employees is administered under a scheme approved by the Board. The Company also has an ESOP policy in place for employees at the middle and senior levels.
(4) of the below table on or before August 14, 2026, to the Company /RTA to avail the beneficial rates, wherever applicable. Particulars Withholding tax rate Documents required (if any) / Re marks 1 Foreign Institutional Investors (FIIs) / Foreign Portfolio Investors (FPIs) / Other Non- Resident members 20% (plus applicable surcharge and cess) o r t a x t r e a t y r a t e , whichever is beneficial FPI registration c
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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