Business News | Tourism Finance Corporation of India Delivers Strong FY26 Performance with 19 Percent YoY Profit Growth

PNN

New Delhi [India], May 16: Tourism Finance Corporation of India Limited(TFCIL, The Company), (NSE - TFCILTD | BSE - 526650), one of the leading companies providing financial assistance to tourism-related projects have announced its Audited Financial Results for Q4 FY26.

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Key Financial Highlights

Key Financial Highlights Q4 FY26

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-Total Income of ₹ 73.94 Cr, YoY growth of 6.46%

-EBITDA of ₹ 65.29 Cr, YoY growth of 7.17%

-PAT of ₹ 32.02 Cr, YoY growth of 6.03%

-EPS of ₹ 0.69, YoY growth of 6.15%

Key Financial Highlights FY26

-Total Income of ₹ 276.83 Cr, YoY growth of 6.45%

-EBITDA of ₹ 249.45 Cr, YoY growth of 6.59%

-PAT of ₹ 123.46 Cr, YoY growth of 18.93%

-EPS of ₹ 2.67, YoY growth of 19.20%

FY26 Key Highlights

Financial Position:

-Tangible Net Worth stood at ₹1,304.84 Cr in FY26, reflecting ~8% YoY growth.

-Gross Loans (AUM) increased significantly to ₹2,088.14 Cr in FY26 (23% YoY growth).

Asset Quality:

-Gross NPA improved sharply to 0.37% in FY26 from 3.22% in FY25.

-Net NPA reduced to Nil in FY26 from 1.61% in FY25, reflecting strong recoveries and a clean asset book.

Operational Efficiency:

-Net Interest Margin (NIM) improved to 6.43% in FY26 from 5.07% in FY25.

-Return on Loans & Advances increased to 12.70% in FY26 from 12.45% in FY25.

-Operating expenses remained controlled at ₹27.94 Cr in FY26, reflecting disciplined cost management.

Capital Adequacy & Gearing:

-Capital Adequacy Ratio (CRAR) remained strong at ~55.53% in FY26, well above regulatory requirements.

-Debt-to-Equity (Gearing) stood at 0.83:1 in FY26, indicating a stable and prudent capital structure.

Operational Highlights:

-The Company's gross portfolio expanded to ₹2,188.87 Cr in FY26, reflecting strong growth momentum.

-Loan portfolio stood at ₹2,088.14 Cr across 63 borrowers in FY26, indicating a diversified credit base.

-The portfolio remains well-diversified, led by Hotels (52%), followed by Real Estate (19%) and Manufacturing (12%), with Infrastructure & Social Infra contributing 5%.

-Exposure to NBFCs (4%) and Loan Against Shares (3%) remains calibrated, ensuring prudent risk management.

-The Company maintains a pan-India presence, with key exposures in Uttar Pradesh, Maharashtra, and Gujarat, supporting geographic diversification.

-TFCI is actively expanding into solar financing for hotels, resorts, and tourism-linked MSMEs, aligning with sustainability trends and enhancing portfolio diversification.

-The Company is well-positioned to benefit from urbanisation and hospitality-led real estate growth, emerging as a key NBFC enabler in mixed-use developments and renewable infrastructure.

-TFCI has undertaken strategic initiatives in the alternative investment space, acting as a co-sponsor and anchor investor in Holystone Hospitality Fund (Category II AIF).

-The Company has also committed as an anchor investor in Certus Real Estate Fund (Category II AIF), strengthening its real estate investment platform presence.

-Further, TFCI has invested in Oxyzo Credit Fund I, a debt-focused Category II AIF, enabling exposure to diversified sectors and enhancing yield opportunities.

About Tourism Finance Corporation of India Limited

Tourism Finance Corporation of India Limited (TFCI), established in 1989, is a premier public financial institution dedicated to providing finance and advisory services to India's tourism sector. Over the years, TFCI has expanded its portfolio to include financing for educational and healthcare institutions, NBFCs, affordable and mid-income housing projects, logistics and warehousing, manufacturing sectors, solar projects, and Loan Against Securities.

With a proven track record of contributing to the development of over 50,000 star-category hotel rooms and landmark attractions such as Taj Resorts in Kerala & Goa, Umaid Bhawan Palace Heritage Hotel, Ananda in the Himalayas, Palace on Wheels, Essel World, Shanku Water Park, and Imagicaa, TFCI has played a pivotal role in shaping India's tourism landscape. The company has also provided strategic advisory and feasibility services to the Ministry of Tourism and several State Tourism Departments, enabling large-scale tourism development projects.

In FY26, the company reported a Total Income of ₹276.83 Cr, EBITDA of ₹249.45Cr, Net Profit of ₹123.46 Cr, and EPS of ₹2.67.

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