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

• Market Cap: ₹33.73B
• Dividend Yield: 0.82%
• Average Volume (3M): 83.70K
• Price to Earnings (P/E): 31.0
• Beta (1Y): 1.24
• Revenue Growth: 7.91%
• EPS Growth: 16.21%
• Country: IN
• Employees: 35
• Sector: Financial
• Sector Strength: 73
• Industry: Financial - Credit Services
• EPS (TTM): 3.30
• Shares Outstanding: 92,595,450
• 10 Day Avg. Volume: 60,196
• 30 Day Avg. Volume: 83,696
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹346.00
• Price Target Upside: -5.02% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 73 Outperform
• Price Target: ₹346.00 ▼(-5.02% Downside)

The overall stock score of 73 reflects strong technical momentum and solid financial performance, despite concerns over cash flow management and a high valuation. The stock's upward trend is supported by positive technical indicators, but investors should be cautious of the relatively high P/E ratio.

Positive Factors

Revenue Growth

The robust top-line expansion reflects the company's successful penetration and expansion within the tourism finance sector, indicating a strong demand for its financial products and services.

Balance Sheet Health

A stronger balance sheet with reduced leverage enhances financial stability and provides more flexibility for future investments and growth opportunities.

Profitability

High profitability margins indicate effective cost management and strong operational efficiency, contributing to sustainable long-term earnings.

Negative Factors

Cash Flow Management

Inefficient cash flow management can hinder the company's ability to reinvest in growth opportunities and meet short-term financial obligations, potentially affecting long-term stability.

Cash Flow Conversion

While free cash flow has improved, the close ratio suggests limited cash buffer, which could restrict financial flexibility in times of need or during economic downturns.

Employee Base

A small workforce may limit the company's ability to scale operations quickly and efficiently, potentially impacting its capacity to handle increased demand or expand its service offerings.

Tourism Finance Corporation of India Limited Business Overview & Revenue Model

Company Description

Tourism Finance Corporation of India Limited (TFCILTD) is a premier financial institution dedicated to the development of the tourism sector in India. Established in 1989, TFCILTD provides a range of financial products and services to various stakeholders in the tourism industry, including hotels, travel agencies, and infrastructure developers. Its core services include project financing, term loans, and advisory services aimed at enhancing the overall growth and sustainability of tourism-related ventures across the country.

How the Company Makes Money

TFCILTD generates revenue primarily through interest income earned from the loans it extends to tourism and hospitality enterprises. The company provides both secured and unsecured loans, which are typically repaid over a specified period with interest. Additionally, TFCILTD earns fees from advisory services related to project financing and development, including consultancy for feasibility studies and project management. Significant partnerships with government bodies and private sector players further enhance its operational scope and revenue potential, particularly in large-scale tourism infrastructure projects. The company's focus on sustainable tourism also aligns with various government initiatives, potentially attracting grants and subsidies that can contribute to its earnings.

Tourism Finance Corporation of India Limited Financial Statement Overview

Summary

Tourism Finance Corporation of India Limited demonstrates strong revenue growth and profitability, with an improving balance sheet characterized by reduced leverage. However, cash flow management remains an area for improvement, particularly in converting operating income into cash.

Income Statement

Tourism Finance Corporation of India Limited shows a strong revenue growth rate of 12.4% in the latest year, indicating robust top-line expansion. The gross profit margin is exceptionally high at 98.4%, suggesting efficient cost management. However, the net profit margin has shown a significant increase to 67%, reflecting improved profitability. The EBIT and EBITDA margins are not available for the latest period, but historical data indicates healthy operational efficiency.

Balance Sheet

The company has improved its debt-to-equity ratio to 0.71, indicating a more balanced capital structure compared to previous years. Return on equity is stable at 8.5%, showing consistent shareholder returns. The equity ratio is not explicitly provided, but the reduction in total debt and increase in stockholders' equity suggest a strengthening balance sheet.

Cash Flow

The free cash flow has turned positive, showing significant improvement from previous negative figures, with a free cash flow to net income ratio close to 1, indicating strong cash generation relative to net income. However, the operating cash flow remains a concern, as it is significantly lower than net income, suggesting potential cash flow management issues.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.13B	2.54B	2.14B	2.26B	2.49B	2.58B
Gross Profit	1.31B	2.50B	1.11B	1.52B	1.19B	1.15B
EBITDA	2.26B	2.26B	1.27B	1.51B	2.29B	2.32B
Net Income	1.04B	1.04B	879.50M	911.08M	853.19M	807.13M
Balance Sheet
Total Assets	21.02B	21.02B	20.45B	21.06B	22.45B	21.85B
Cash, Cash Equivalents and Short-Term Investments	1.42B	3.37B	624.53M	3.84B	3.60B	1.32B
Total Debt	8.62B	8.62B	9.99B	9.78B	12.72B	13.60B
Total Liabilities	8.86B	8.86B	10.28B	10.16B	13.08B	13.93B
Stockholders Equity	12.16B	12.16B	10.17B	10.90B	9.37B	7.92B
Cash Flow
Free Cash Flow	0.00	696.92M	-1.37B	-70.62M	1.37B	-1.72B
Operating Cash Flow	0.00	703.36M	-1.37B	-66.37M	1.39B	-1.71B
Investing Cash Flow	0.00	122.22M	-109.00K	-2.02M	-20.91M	-1.45M
Financing Cash Flow	0.00	260.16M	-116.58M	-220.42M	566.26M	-7.34M

Tourism Finance Corporation of India Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 364.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 364.3 is above the 20-day moving average (MA) of 327.07, above the 50-day MA of 298.61, and above the 200-day MA of 206.35, indicating a bullish trend. The MACD of 19.84 indicates Negative momentum. The RSI at 82.19 is Negative, neither overbought nor oversold. The STOCH value of 95.10 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TFCILTD	73 Outperform	₹33.73B	30.95		0.82%	7.91%	16.21%
Sector *	68 Neutral	$18.02B	11.58	9.93%	3.75%	9.73%	1.23%
PFS	64 Neutral	₹23.94B	7.74		3.20%	-17.16%	83.67%
REPCOHOME	61 Neutral	₹23.44B	5.05		1.74%	9.72%	7.08%
PAISALO	60 Neutral	₹34.27B	16.61		0.26%	13.28%	-6.07%
GICHSGFIN	59 Neutral	₹9.34B	7.25		2.60%	0.10%	-18.71%
CENTRUM	41 Neutral	₹15.05B	―		―	58.12%	22.23%