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Tourism Finance Corporation of India Limited (TFCILTD.NS)

INR83.80 +3.27 (+4.06%)
IN NSE Financial Services Financial - Credit Services
Address NBCC Plaza 110017
New Delhi, IN
CEO Anoop Bali
IPO 2002-07-01
ISIN INE305A01023

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Also trades on Bombay Stock Exchange · TFCILTD.BO (INR) National Stock Exchange of India · TFCILTD.NS (INR)
Description

Tourism Finance Corporation of India Limited (TFCI) specializes in delivering comprehensive financial support for a broad spectrum of tourism-related initiatives and projects throughout India. The company's robust financial offerings include various loan products such as rupee term loans, project-specific financing, corporate credit, loans secured by assets, and interim bridge financing. TFCI also invests by subscribing to equity shares and debentures. Beyond traditional lending, it devises bespoke structured financial solutions for corporate clients and provides advisory and investment services aimed at optimizing and strengthening capital structures, utilizing sophisticated instruments like convertible preference shares, mezzanine loans, venture capital debt, and convertible bonds. The firm's specialized services further extend to structured finance, private equity placement, mergers and acquisitions (M&A) advisory, project and infrastructure financing, debt syndication, and comprehensive debt restructuring. Additionally, TFCI offers valuable research and consultancy services. The corporation extends financial aid to both new 'greenfield' developments and existing ventures seeking expansion, diversification, or modernization, while also supporting small and medium-sized businesses within the tourism sector. Incorporated in 1989, Tourism Finance Corporation of India Limited is headquartered in New Delhi, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR83.80 +3.27 (+4.06%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
0.11
Float Shares
247.15M
Free Float %
53.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.85% -9.10% +3.37% -0.58% +12.70% +15.83% +82.90% +431.69% +483.91% +879.25% +2,920.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
83.80
DCF (Unlevered) 111.91 +33.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2024-11 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.27
Grey zone
Piotroski F-Score
2 / 9
Weak
MOAT Score
6 / 10
Developing
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Financial - Credit Services: +13.2%
    +13.2% Q1'26: -9.1% (vs Q1'25)
  • EPS growth Financial - Credit Services: +24.0%
    +19.2% Q1'26: +6.2% (vs Q1'25)
  • FCF margin FCF growth · Financial - Credit Services: +70.9%
    +42.2% Q1'26: -69.6% (vs Q1'25)
  • EBIT margin Financial - Credit Services: +28.7%
    +56.3% Q1'26: +55.1% (vs Q1'25)
  • ROIC Financial - Credit Services: +5.0%
    +5.3% Q1'26: +5.5% (vs Q1'25)
  • Share dilution Financial - Credit Services: +0.0%
    -0.1% Q1'26: +0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Credit Services: 4.07×
    6.89× Q1'26: 6.59× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.14) × ERP
WACC = 80% × Ke + 20% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 112.22 Current price: 83.80
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2013
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
1 Rev. Ana.
1 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Mar 2031
1 Rev. Ana.
1 EPS Ana.
Revenue
1.80B
est: 1.54B (+16.7%)
1.86B
est: 1.45B (+28.9%)
1.85B
est: 1.10B (+67.3%)
2.08B
est: 1.07B (+94.9%)
2.06B
est: 2.35B (-12.2%)
2.21B
est: 2.70B (-18.1%)
2.69B
est: 2.71B (-0.8%)
2.58B
est: 3.07B (-15.7%)
2.49B
est: 3.42B (-27.1%)
2.26B
est: 3.81B (-40.7%)
2.44B
est: 1.45B (+69.0%)
1.10B
1.10B – 1.10B
-23.8% YoY
1.07B
1.07B – 1.07B
-3.3% YoY
2.35B
2.35B – 2.35B
+119.9% YoY
2.70B
2.70B – 2.70B
+15.0% YoY
2.71B
2.71B – 2.71B
+0.5% YoY
3.07B
3.07B – 3.07B
+13.0% YoY
EBITDA
1.63B
est: 1.06B (+53.7%)
810.78M
est: 738.59M (+9.8%)
752.82M
est: 757.30M (-0.6%)
737.15M
est: 732.58M (+0.6%)
1.89B
est: 1.11B (+69.5%)
1.95B
est: 1.18B (+65.9%)
1.78B
est: 1.86B (-4.7%)
1.81B
est: 2.11B (-14.2%)
1.78B
est: 1.24B (+43.6%)
1.56B
est: 2.63B (-40.9%)
1.63B
est: 954.43M (+70.7%)
727.74M
727.74M – 727.74M
-23.8% YoY
703.99M
703.99M – 703.99M
-3.3% YoY
1.55B
1.55B – 1.55B
+119.9% YoY
1.78B
1.78B – 1.78B
+15.0% YoY
1.79B
1.79B – 1.79B
+0.5% YoY
2.02B
2.02B – 2.02B
+13.0% YoY
EBIT
1.61B
est: 1.05B (+53.2%)
802.82M
est: 713.99M (+12.4%)
745.51M
est: 751.54M (-0.8%)
730.99M
est: 727.01M (+0.5%)
1.88B
est: 1.08B (+74.8%)
1.95B
est: 1.17B (+67.0%)
1.77B
est: 1.85B (-4.3%)
1.79B
est: 2.09B (-14.1%)
1.76B
est: 1.19B (+47.8%)
1.54B
est: 2.61B (-41.1%)
1.62B
est: 947.58M (+71.1%)
722.51M
722.51M – 722.51M
-23.8% YoY
698.93M
698.93M – 698.93M
-3.3% YoY
1.54B
1.54B – 1.54B
+119.9% YoY
1.77B
1.77B – 1.77B
+15.0% YoY
1.78B
1.78B – 1.78B
+0.5% YoY
2.01B
2.01B – 2.01B
+13.0% YoY
Net Income
555.26M
est: 3.27B (-83.0%)
601.79M
est: 550.97M (+9.2%)
536.14M
est: 3.57B (-85.0%)
704.29M
est: 3.51B (-79.9%)
774.85M
est: 830.50M (-6.7%)
862.52M
est: 846.72M (+1.9%)
810.15M
est: 5.23B (-84.5%)
807.13M
est: 6.01B (-86.6%)
853.19M
est: 1.02B (-16.4%)
879.50M
est: 9.94B (-91.2%)
1.04B
est: 3.60B (-71.2%)
3.56B
3.56B – 3.56B
-1.1% YoY
3.51B
3.51B – 3.51B
-1.6% YoY
5.19B
5.19B – 5.19B
+48.0% YoY
6.42B
6.42B – 6.42B
+23.7% YoY
5.23B
5.23B – 5.23B
-18.6% YoY
6.01B
6.01B – 6.01B
+15.0% YoY
SGA
est: 23.13M (-100.0%)
8.18M
est: 192.49M (-95.8%)
11.07M
est: 16.55M (-33.1%)
14.49M
est: 16.01M (-9.5%)
23.28M
est: 290.14M (-92.0%)
11.87M
est: 216.26M (-94.5%)
21.27M
est: 40.71M (-47.8%)
30.91M
est: 46.00M (-32.8%)
35.65M
est: 589.52M (-94.0%)
37.64M
est: 57.50M (-34.5%)
43.12M
est: 18.24M (+136.4%)
13.91M
13.91M – 13.91M
-23.8% YoY
13.45M
13.45M – 13.45M
-3.3% YoY
29.59M
29.59M – 29.59M
+119.9% YoY
34.03M
34.03M – 34.03M
+15.0% YoY
34.21M
34.21M – 34.21M
+0.5% YoY
38.66M
38.66M – 38.66M
+13.0% YoY
EPS
1.38
est: 7.06 (-80.5%)
1.49
est: 7.79 (-80.8%)
1.33
est: 7.70 (-82.8%)
1.75
est: 7.58 (-77.0%)
1.87
est: 11.22 (-83.4%)
2.14
est: 13.88 (-84.6%)
2.01
est: 11.30 (-82.2%)
2.00
est: 12.99 (-84.6%)
2.00
est: 16.66 (-88.0%)
1.95
est: 21.36 (-90.9%)
2.24
est: 7.79 (-71.2%)
7.70
7.70 – 7.70
-1.1% YoY
7.58
7.58 – 7.58
-1.6% YoY
11.22
11.22 – 11.22
+48.0% YoY
13.88
13.88 – 13.88
+23.7% YoY
11.30
11.30 – 11.30
-18.6% YoY
12.99
12.99 – 12.99
+15.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 C+ 2/5 1/5 3/5 5/5 2/5 1/5 1/5
2026-05-11 C+ 2/5 1/5 3/5 5/5 2/5 1/5 1/5
2026-05-08 C+ 2/5 1/5 3/5 5/5 2/5 1/5 1/5
2026-05-07 C+ 2/5 1/5 3/5 5/5 2/5 1/5 1/5
2026-05-06 C+ 2/5 1/5 3/5 5/5 2/5 1/5 1/5
2026-05-05 C+ 2/5 1/5 3/5 5/5 2/5 1/5 1/5
2026-05-04 C+ 2/5 1/5 3/5 5/5 2/5 1/5 1/5
2026-04-30 C+ 2/5 1/5 3/5 5/5 2/5 1/5 1/5
2026-04-29 C+ 2/5 1/5 3/5 5/5 2/5 1/5 1/5
2026-04-28 C+ 2/5 1/5 3/5 5/5 2/5 1/5 1/5
2026-04-27 C+ 2/5 1/5 3/5 5/5 2/5 1/5 1/5
2026-04-24 C+ 2/5 1/5 3/5 5/5 2/5 1/5 1/5
2026-04-23 B- 2/5 1/5 3/5 5/5 2/5 2/5 1/5
2026-04-22 B- 2/5 1/5 3/5 5/5 2/5 2/5 1/5
2026-04-21 B- 3/5 1/5 3/5 5/5 2/5 2/5 2/5
2026-04-20 B- 3/5 1/5 3/5 5/5 2/5 2/5 2/5
2026-04-17 B- 3/5 1/5 3/5 5/5 2/5 2/5 2/5
2026-04-16 B- 3/5 1/5 3/5 5/5 2/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-511.43M
OE per share TTM
-1.11
Owner's Yield
-1.45%
Maintenance CapEx ratio
0.94%
Maint CapEx / Avg PPE
6.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
44.51M
Shares Outstanding
462.98M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Charu Singh President 4M female
Debashish Dutta Senior Vice President 4M male
Rajiv Singh Senior Vice President 4M male
Anoop Bali MD, Chief Financial Officer & Whole Time Director male
K. Naik Chief Technology Officer male
Sanjay Ahuja Senior Vice President, Company Secretary & Compliance Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits