New Delhi : 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.

Key Financial Highlights Q4 FY26

  • 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.