Tourism Finance Corporation of India Limited (TFCILTD) AI Stock Analysis

Tourism Finance Corporation of India Limited

(NSE:TFCILTD)

Select Model

Rating:60Neutral

Price Target:INR 166.00▲(5.09% Upside)

Action:downgraded

Date:08/20/26

The company's solid financial fundamentals, marked by consistent earnings growth and a strong balance sheet, are the primary support for the score. However, this is heavily offset by extremely overbought technical conditions, which signal high short-term risk, and a very expensive valuation with a P/E near 40. The stock appears fundamentally sound but is priced for perfection and due for a technical correction.

Positive Factors

Recent revenue recoveryThe return to revenue growth across the two latest fiscal years indicates improving demand for the company’s lending and financial assistance activities. If sustained, renewed top-line expansion can support earnings growth, strengthen operating scale, and improve the platform’s ability to fund future tourism-sector opportunities.

Negative Factors

Volatile cash generationThe repeated swings between negative and positive operating and free cash flow make earnings conversion less predictable than reported profitability alone suggests. Inconsistent cash generation can constrain internally funded growth, complicate capital planning, and reduce confidence in the durability of financial performance.

Tourism Finance Corporation of India Limited (TFCILTD) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 73.27B
Dividend Yield: 0.38%
Average Volume (3M): 1.23M
Price to Earnings (P/E): 47.5
Beta (1Y): 1.27
Revenue Growth: 23.53%
EPS Growth: 41.42%
Country: India
Employees: 46
Sector: General
Sector Strength: 55
Industry: Financial - Credit Services

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 various...

Tourism Finance Corporation of India Limited Financial Statement Overview

Summary

Strong profitability with net income CAGR of 8.9% and expanding net margins to 44.6%. Balance sheet leverage has improved significantly (D/E 0.82). Cash flow turned robustly positive in FY25-26. Slight EBIT margin compression is a minor concern.

Income Statement

85Very Positive

Balance Sheet

80Positive

Cash Flow

75Positive

Financial statement breakdown
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 Technical Analysis

Technical Analysis SentimentPositive

Last Price157.96

Price Trends

50DMA145.06Positive

100DMA117.46Positive

200DMA93.69Positive

Market Momentum

MACD4.38Positive

RSI60.70Neutral

STOCH87.40Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TFCILTD, the sentiment is Positive. The current price of 157.96 is above the 20-day moving average (MA) of 152.83, above the 50-day MA of 145.06, and above the 200-day MA of 93.69, indicating a bullish trend. The MACD of 4.38 indicates Positive momentum. The RSI at 60.70 is Neutral, neither overbought nor oversold. The STOCH value of 87.40 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:TFCILTD.

Tourism Finance Corporation of India Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:TFCILTD against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:LTF	72Outperform	INR 612.82B	18.41	―	1.10%	17.30%	26.39%
IN:HUDCO	66Neutral	INR 285.87B	6.87	―	4.93%	21.01%	52.98%
IN:IFCI	62Neutral	INR 147.24B	90.25	―	―	-2.70%	-45.62%
IN:TFCILTD	60Neutral	INR 73.08B	47.48	―	0.38%	23.53%	41.42%
IN:MASFIN	58Neutral	INR 44.29B	10.92	―	0.80%	22.71%	23.45%
IN:IIFL	57Neutral	INR 225.36B	9.44	―	0.72%	36.50%	190.08%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

IN:TFCILTD and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:TFCILTD	Tourism Finance Corporation of India Limited	157.70	88.08	126.53%
IN:HUDCO	Housing & Urban Development Corp. Ltd.	146.20	-79.50	-35.22%
IN:IFCI	IFCI Limited	57.77	1.55	2.76%
IN:IIFL	IIFL Finance Limited	553.50	18.56	3.47%
IN:LTF	L&T Finance Ltd	251.00	-26.20	-9.45%
IN:MASFIN	MAS Financial Services Ltd.	250.55	-60.92	-19.56%

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.

Date of analysis: Aug 20, 2026

Tourism Finance Corporation of India Limited AI Stock Analysis