Tourism Finance Corporation of India Limited (IN:TFCILTD)
:TFCILTD
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Tourism Finance Corporation of India Limited
(TFCILTD)
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Rating:66Neutral
Price Target:
₹66.00
▲(1.03% Upside)
Action:ReiteratedDate:01/15/26
The score is primarily supported by strong profitability and improving leverage, but is held back by weaker operating cash flow conversion. Technicals are neutral-to-mixed (positive vs key moving averages but MACD slightly negative), and valuation looks less attractive with a higher P/E and a low dividend yield.
Positive Factors
Top-line Growth
Sustained 12.4% revenue growth reflects expanding loan originations and stronger demand for tourism financing. Over a 2–6 month horizon, continued top-line expansion supports stable interest income and scalability of core lending products, bolstering long-term earnings visibility.
Negative Factors
Weak Cash Conversion
Persistent gap between net income and operating cash flow suggests earnings are not fully converting to cash. Over months this can constrain ability to self-fund loan growth, increase reliance on external financing, and elevate liquidity risk if collections deteriorate.
Read all positive and negative factors
Positive Factors
Negative Factors
Top-line Growth
Sustained 12.4% revenue growth reflects expanding loan originations and stronger demand for tourism financing. Over a 2–6 month horizon, continued top-line expansion supports stable interest income and scalability of core lending products, bolstering long-term earnings visibility.
Read all positive factors
Tourism Finance Corporation of India Limited (TFCILTD) vs. iShares MSCI India ETF (INDA)
Market Cap
₹30.28B
Dividend Yield0.92%
Average Volume (3M)922.69K
Price to Earnings (P/E)23.7
Beta (1Y)1.17
Revenue Growth5.73%
EPS Growth12.29%
CountryIN
Employees35
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)0.69
Shares Outstanding462,977,230
10 Day Avg. Volume584,246
30 Day Avg. Volume922,692
Financial Highlights & Ratios
PEG Ratio1.42
Price to Book (P/B)1.32
Price to Sales (P/S)6.58
P/FCF Ratio23.08
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 provides financial assistance to tourism-related activities/projects in India. The company offers rupee term loans, project loans, corporate loans, loans against securities, bridge loans, subscription i...
How the Company Makes Money
TFCILTD generates revenue primarily through interest income from loans and advances provided to entities in the tourism sector. The company offers a range of financial products, including term loans, working capital facilities, and project financi...
Tourism Finance Corporation of India Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
72
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.51B | 2.44B | 2.26B | 2.26B | 2.49B | 2.58B |
| Gross Profit | 1.79B | 1.69B | 1.52B | 1.73B | 1.87B | 1.94B |
| EBITDA | 1.71B | 1.63B | 1.51B | 1.56B | 1.78B | 1.81B |
| Net Income | 1.12B | 1.04B | 911.08M | 879.50M | 853.19M | 807.13M |
Balance Sheet | ||||||
| Total Assets | 23.11B | 21.02B | 21.06B | 20.45B | 22.45B | 21.85B |
| Cash, Cash Equivalents and Short-Term Investments | 625.81M | 3.37B | 335.50M | 3.75B | 3.60B | 1.32B |
| Total Debt | 10.31B | 8.62B | 9.78B | 9.99B | 12.72B | 13.60B |
| Total Liabilities | 10.59B | 8.86B | 10.16B | 10.28B | 13.08B | 13.93B |
| Stockholders Equity | 12.51B | 12.16B | 10.90B | 10.17B | 9.37B | 7.92B |
Cash Flow | ||||||
| Free Cash Flow | -514.43M | 696.92M | -70.62M | -1.37B | 1.37B | -1.72B |
| Operating Cash Flow | -514.20M | 703.36M | -66.37M | -1.37B | 1.39B | -1.71B |
| Investing Cash Flow | -209.00K | 122.22M | -2.02M | -109.00K | -20.91M | -1.45M |
| Financing Cash Flow | -279.76M | 260.16M | -220.42M | -116.58M | 566.26M | -7.34M |
Tourism Finance Corporation of India Limited Technical Analysis
Neutral
65.33
Price Trends
67.83
Negative
67.14
Negative
64.12
Positive
Market Momentum
-1.31
Positive
45.20
Neutral
48.49
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TFCILTD, the sentiment is Neutral. The current price of 65.33 is below the 20-day moving average (MA) of 66.90, below the 50-day MA of 67.83, and above the 200-day MA of 64.12, indicating a neutral trend. The MACD of -1.31 indicates Positive momentum. The RSI at 45.20 is Neutral, neither overbought nor oversold. The STOCH value of 48.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:TFCILTD.
Tourism Finance Corporation of India Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | ₹30.28B | 23.71 | ― | 0.92% | 5.73% | 12.29% | |
65 Neutral | ₹7.57B | 5.34 | ― | 2.54% | 1.07% | -13.63% | |
65 Neutral | ₹31.17B | 12.44 | ― | 0.29% | 11.75% | -6.52% | |
64 Neutral | ₹17.63B | 11.02 | ― | ― | -17.15% | 124.47% | |
62 Neutral | ₹23.20B | 5.62 | ― | 1.61% | 8.10% | 2.97% | |
48 Neutral | ₹14.15B | -3.33 | ― | ― | 47.88% | 11.61% |
* Financial Sector Average
IN:TFCILTD
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65.40
32.30
97.58%
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Tourism Finance Corporation of India Limited Corporate Events
TFCI to Anchor Two Category II AIFs in Hospitality and Real Estate
Jan 4, 2026
Tourism Finance Corporation of India Limited has decided to participate as co-sponsor and anchor investor in the Holystone Hospitality Fund, an equity-focused Category II Alternative Investment Fund, committing up to 5% of the fund’s corpus,...
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.