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Tourism Finance Corporation of India Limited
(TFCILTD)
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Rating:63Neutral
Price Target:
₹140.00
▲(60.53% Upside)
Action:Downgraded
Date:08/20/26
The score is driven mainly by solid financial performance (strong profitability and improved leverage) but is held back by inconsistent cash-flow history. Technically, the stock is in a strong uptrend, yet very overbought momentum signals add near-term risk. Valuation is the largest negative factor due to a high P/E and low dividend yield.
Positive Factors
Recent Revenue Recovery
The return to revenue growth indicates improving demand for TFCILTD's tourism and hospitality lending services. Sustained loan-book expansion could support interest income and operating scale over the next several quarters.
Negative Factors
Volatile Cash Generation
Repeated periods of negative operating cash flow reduce confidence that reported earnings consistently translate into liquidity. This can constrain lending growth and increase reliance on external funding during weaker collection cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Recent Revenue Recovery
The return to revenue growth indicates improving demand for TFCILTD's tourism and hospitality lending services. Sustained loan-book expansion could support interest income and operating scale over the next several quarters.
Read all positive factors
Tourism Finance Corporation of India Limited (TFCILTD) vs. iShares MSCI India ETF (INDA)
Market Cap
₹64.72B
Dividend Yield0.43%
Average Volume (3M)1.19M
Price to Earnings (P/E)42.4
Beta (1Y)1.19
Revenue Growth23.53%
EPS Growth41.42%
CountryIN
Employees46
SectorGeneral
Sector StrengthN/A
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)3.33
Shares Outstanding462,977,230
10 Day Avg. Volume796,717
30 Day Avg. Volume1,190,958
Financial Highlights & Ratios
PEG Ratio1.24
Price to Book (P/B)2.24
Price to Sales (P/S)10.62
P/FCF Ratio23.66
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Tourism Finance Corporation of India Limited Business Overview & Revenue Model
Company 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 vario...
How the Company Makes Money
TFCILTD primarily makes money through interest income earned on loans and other credit facilities it extends to tourism- and hospitality-related businesses and projects. Its core revenue stream is the net interest margin: it borrows or raises fund...
Tourism Finance Corporation of India Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
70
Positive
Cash Flow
52
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.83B | 2.77B | 2.44B | 2.26B | 2.26B | 2.49B |
| Gross Profit | 1.76B | 1.83B | 1.69B | 1.52B | 1.73B | 1.87B |
| EBITDA | 1.63B | 1.56B | 1.63B | 1.51B | 1.56B | 1.78B |
| Net Income | 1.54B | 1.23B | 1.04B | 911.08M | 879.50M | 853.19M |
Balance Sheet | ||||||
| Total Assets | 24.34B | 24.12B | 21.02B | 21.06B | 20.45B | 22.45B |
| Cash, Cash Equivalents and Short-Term Investments | 675.40M | 676.18M | 3.37B | 335.50M | 3.75B | 3.60B |
| Total Debt | 10.23B | 10.78B | 8.62B | 9.78B | 9.99B | 12.72B |
| Total Liabilities | 10.57B | 10.97B | 8.86B | 10.16B | 10.28B | 13.08B |
| Stockholders Equity | 13.76B | 13.15B | 12.16B | 10.90B | 10.17B | 9.37B |
Cash Flow | ||||||
| Free Cash Flow | -514.43M | 1.24B | 696.92M | -70.62M | -1.37B | 1.37B |
| Operating Cash Flow | -514.20M | 1.24B | 703.36M | -66.37M | -1.37B | 1.39B |
| Investing Cash Flow | -209.00K | -3.96B | 122.22M | -2.02M | -109.00K | -20.91M |
| Financing Cash Flow | -279.76M | 1.87B | 260.16M | -220.42M | -116.58M | 566.26M |
Tourism Finance Corporation of India Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹241.71B | 136.34 | ― | ― | -2.70% | -45.54% | |
65 Neutral | ₹275.09B | 12.93 | ― | 0.72% | 37.25% | 548.30% | |
63 Neutral | ₹64.72B | 42.36 | ― | 0.63% | 23.53% | 41.42% | |
63 Neutral | ₹781.89B | 24.32 | ― | 0.91% | 12.56% | 19.25% | |
61 Neutral | ₹363.14B | 8.40 | ― | 2.92% | 21.01% | 52.98% | |
59 Neutral | ₹55.37B | 14.01 | ― | 0.62% | 23.25% | 21.56% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
IN:TFCILTD
Tourism Finance Corporation of India Limited
140.90
74.19
111.21%
IN:HUDCO
Housing & Urban Development Corp. Ltd.
178.35
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IN:IFCI
IFCI Limited
87.30
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IN:IIFL
IIFL Finance Limited
638.30
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46.69%
IN:LTF
L&T Finance Ltd
309.45
89.91
40.95%
IN:MASFIN
MAS Financial Services Ltd.
304.85
0.39
0.13%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.