Tourism Finance Corporation of India Ltd. — Quarter & year ended March 31, 2026
Optional commentary: Extracted financial tables and related disclosures from the provided quarterly results document.
| Sr. No. | Particulars | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 31.12.2025 (Unaudited) | Quarter Ended 31.03.2025 (Audited) | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| a) Revenue from Operation | 7,389.08 | 6,963.61 | 6,803.78 | 27,368.97 | 25,162.80 | |
| – Interest Income | 6,598.87 | 5,892.24 | 5,662.29 | 23,827.20 | 20,686.50 | |
| – Dividend Income | – | – | – | 114.24 | 108.53 | |
| – Fee & Commission Income | 608.75 | 661.09 | 246.41 | 1,827.93 | 1,429.09 | |
| – Net Gain/(Loss) on fair value change | 181.46 | 410.28 | 895.08 | 1,599.60 | 2,938.68 | |
| – Other operating income | – | – | – | – | – | |
| b) Other Income | 4.93 | 95.39 | 141.47 | 314.52 | 843.50 | |
| Total Income | 7,394.01 | 7,059.00 | 6,945.25 | 27,683.49 | 26,006.30 | |
| 2 | Expenses | |||||
| i) Finance Cost | 2,442.85 | 2,371.15 | 2,447.10 | 9,311.06 | 10,017.32 | |
| ii) Employees benefit expense | 457.07 | 361.31 | 430.30 | 1,578.22 | 1,410.28 | |
| iii) Depreciation and amortisation Expense | 13.95 | 14.04 | 14.01 | 55.87 | 83.26 | |
| iv) Other Operating Expenses | 408.11 | 278.84 | 422.68 | 1,160.23 | 1,193.27 | |
| Total Expenses | 3,321.98 | 3,025.34 | 3,314.09 | 12,105.38 | 12,704.13 | |
| 3 | Profit before provision, exceptional Items and tax (1-2) | 4,072.03 | 4,033.66 | 3,631.16 | 15,578.11 | 13,302.17 |
| 4 | Provision/Write-off for Bad & Doubtful Debts/Investments | – | – | – | – | 500.00 |
| 5 | Profit before exceptional Items and tax (3-4) | 4,072.03 | 4,033.66 | 3,631.16 | 15,578.11 | 12,802.17 |
| 6 | Exceptional Items | – | – | – | – | – |
| 7 | Profit Before Tax (5-6) | 4,072.03 | 4,033.66 | 3,631.16 | 15,578.11 | 12,802.17 |
| 8 | Tax Expense | |||||
| (i) Current Tax | 869.63 | 852.15 | 610.85 | 3,231.78 | 2,420.85 | |
| (ii) Earlier Year Tax | 760.00 | 800.00 | 655.00 | 3,070.00 | 2,465.00 | |
| (iii) Deferred Tax | 49.55 | 52.15 | (48.59) | 101.70 | (48.59) | |
| 60.08 | – | 4.44 | 60.08 | 4.44 | ||
| 9 | Profit from continuing operations (7-8) | 3,202.40 | 3,181.51 | 3,020.31 | 12,346.33 | 10,381.32 |
| 10 | Profit(+)/Loss(-) for the period from discontinuing operations | – | – | – | – | – |
| 11 | Tax Expenses of discontinuing operations | – | – | – | – | – |
| 12 | Profit(+)/Loss(-) for the period from discontinuing operations (after tax) (10-11) | – | – | – | – | – |
| 13 | Profit/(Loss) for the period (9+12) | 3,202.40 | 3,181.51 | 3,020.31 | 12,346.33 | 10,381.32 |
| 14 | Other Comprehensive Income | |||||
| A (i) Items that will not be reclassified to profit or loss | 35.14 | 11.63 | 5.34 | 49.59 | 6.84 | |
| (ii) Income tax relating to items that will not be reclassified to profit or loss | – | – | – | – | – | |
| B (i) Items that will be reclassified to profit or loss | – | – | – | 316.73 | (76.65) | |
| (ii) Income tax relating to items that will be reclassified to profit or loss | (43.48) | – | (269.85) | (43.48) | (269.85) | |
| Other Comprehensive Income / (loss) net of tax | (8.34) | 11.63 | (264.51) | 322.84 | (339.66) | |
| 15 | Total Comprehensive Income /(loss) (after tax) (13+14) | 3,194.06 | 3,193.14 | 2,755.80 | 12,669.17 | 10,041.66 |
| 16 | Equity Share Capital (Face Value of Rs.2/- each) | 9,259.54 | 9,259.54 | 9,259.54 | 9,259.54 | 9,259.54 |
| 17 | Other Equity (Reserves excluding revaluation reserve) | – | – | – | 1,22,254.01 | 1,12,377.03 |
| 18 | Earning Per Share (Face value of Rs.2/- each) – not annualised | |||||
| – Basic (Rs.) | 0.69 | 0.69 | 0.65 | 2.67 | 2.24 | |
| – Diluted (Rs.) | 0.69 | 0.69 | 0.65 | 2.67 | 2.24 |
| Particulars | As At 31.03.2026 (Audited) | As At 31.03.2025 (Audited) |
|---|---|---|
| ASSETS | ||
| (1) Financial Assets | ||
| (i) Cash and cash equivalents | 5,123.30 | 12,567.04 |
| (ii) Bank balances other than (i) above | 1,638.52 | 1,633.26 |
| (iii) Receivables | 5.00 | 3.38 |
| (iv) Loans & Advances | 2,05,198.89 | 1,65,587.38 |
| (v) Investments | 24,866.47 | 25,899.95 |
| (vi) Other financial assets | 1,510.99 | 1,236.35 |
| Total Financial Assets | 2,38,343.17 | 2,06,927.36 |
| (2) Non-Financial Assets | ||
| (i) Current tax assets (Net) | 1,069.62 | 1,388.16 |
| (ii) Deferred tax assets (Net) | 311.46 | 415.02 |
| (iii) Property, Plant and Equipment | 1,285.50 | 1,315.00 |
| (iv) Other Intangible Assets | 5.57 | 9.78 |
| (v) Right of Use Assets | 34.29 | 52.18 |
| (vi) Other non-financial assets | 129.91 | 119.16 |
| Total Non-Financial Assets | 2,836.35 | 3,299.30 |
| TOTAL ASSETS | 2,41,179.52 | 2,10,226.66 |
| LIABILITIES AND EQUITY | ||
| (1) Financial Liabilities | ||
| (i) Payables | – | – |
| (ii) Debt Securities | 17,470.77 | 33,430.45 |
| (iii) Borrowings (Other than Debt Securities) | 90,289.92 | 52,810.33 |
| (iv) Other financial liabilities | 1,600.61 | 2,099.94 |
| Total Financial Liabilities | 1,09,361.30 | 88,340.72 |
| (2) Non-Financial Liabilities | ||
| (i) Provisions | 208.30 | 146.57 |
| (ii) Other Non-financial liabilities | 96.37 | 102.80 |
| Total Non-Financial Liabilities | 304.67 | 249.37 |
| (3) Equity | ||
| (i) Equity Share Capital | 9,259.54 | 9,259.54 |
| (ii) Other Equity | 1,22,254.01 | 1,12,377.03 |
| Total Equity | 1,31,513.55 | 1,21,636.57 |
| TOTAL LIABILITIES AND EQUITY | 2,41,179.52 | 2,10,226.66 |
| Particulars | Year Ended 31 March 2026 | Year Ended 31 March 2025 |
|---|---|---|
| A. CASH FLOW FROM OPERATING ACTIVITIES | ||
| Net Profit Before Tax | 15,578.11 | 12,802.17 |
| Adjustment for : | ||
| Gain/(Loss) under OCI Section | 366.32 | (69.81) |
| Depreciation & Amortisation | 55.87 | 83.26 |
| Profit on Sale/Derecognition of Assets | – | (699.37) |
| Finance Cost on Lease Liability on Right to Use Assets | 4.43 | 6.08 |
| Operating Cash before working capital changes | 16,004.73 | 12,122.33 |
| Adjustment for : | ||
| Decrease/(Increase) in Loans & Advances | (39,611.51) | (10,000.30) |
| Decrease/(Increase) in Investments | 1,033.48 | 20,218.06 |
| Decrease/(Increase) in Receivables | (1.62) | 1.37 |
| Decrease/(Increase) in Other Financial Assets | (274.64) | (222.61) |
| Decrease/(Increase) in Other Non-Financial Assets | (10.75) | 114.84 |
| Decrease/(Increase) in Other Cash Balances | (5.26) | (1,487.91) |
| Increase/(Decrease) In Debt Securities | (15,959.68) | (3,946.77) |
| Increase/(Decrease) in Borrowings | 37,479.59 | (7,578.62) |
| Increase/(Decrease) in Other Financial Liabilities | (484.06) | (1,500.56) |
| Increase/(Decrease) in Provisions | 61.73 | (12.49) |
| Increase/(Decrease) in Other Non-Financial Liabilities | (6.43) | 26.71 |
| Cash Generated from Operation | (1,774.42) | 7,734.05 |
| Direct Tax Paid (net) | (2,853.16) | (2,200.43) |
| Net Cash Flow from Operating Activities | (4,627.58) | 5,533.62 |
| B. CASH FLOW FROM INVESTING ACTIVITIES | ||
| Purchase of Fixed Assets | (4.60) | (64.38) |
| Sale of Fixed Assets | 0.32 | 1,286.58 |
| Net Cash used in Investing Activities | (4.28) | 1,222.20 |
| C. CASH FLOW FROM FINANCIAL ACTIVITIES | ||
| Preferential Issue of Share Capital | – | 222.30 |
| Securities Premium Reserve (Net) | (14.33) | 4,725.53 |
| Payment of Dividend | (2,777.86) | (2,314.89) |
| Payment/Adjustment of Lease Liability on Right to Use Assets | (19.69) | (31.33) |
| Net Cash used in Financing Activities | (2,811.88) | 2,601.61 |
| Net Increase/(Decrease) in Cash and Cash Equivalents (A+B+C) | (7,443.74) | 9,357.43 |
| Cash and Cash Equivalent at the Beginning of the Year | 12,567.04 | 3,209.61 |
| Cash and Cash Equivalent at the End of the Year | 5,123.30 | 12,567.04 |
| Particulars | Year Ended 31 March 2026 | Year Ended 31 March 2025 |
|---|---|---|
| Cash in hand | – | – |
| Balance with Banks – Current Accounts | 4,636.14 | 7,596.49 |
| Balance with Banks – Deposit Accounts | 487.16 | 4,970.55 |
| Total Cash and Cash Equivalents | 5,123.30 | 12,567.04 |
| Ratios | Quarter Ended 31.03.2026 | Quarter Ended 31.12.2025 | Quarter Ended 31.03.2025 | Year Ended 31.03.2026 | Year Ended 31.03.2025 |
|---|---|---|---|---|---|
| (a) Total Debt – Equity ratio | 0.83:1 | 0.75:1 | 0.72:1 | 0.83:1 | 0.72:1 |
| (b) Outstanding redeemable preference shares (quantity and value) | Nil | Nil | Nil | Nil | Nil |
| (c) Capital redemption reserve/debenture redemption reserve | Nil | Nil | Nil | Nil | Nil |
| (d) Tangible Net worth (Rs. In lakh) | 1,30,483.84 | 1,27,285.30 | 1,20,727.91 | 1,30,483.84 | 1,20,727.91 |
| (e) Net Profit After Tax (Rs. In lakh) | 3,202.40 | 3,181.51 | 3,020.31 | 12,346.33 | 10,381.32 |
| (f) Earnings per Share (Not annualised) – Basic (Rs.) | 0.69 | 0.69 | 0.65 | 2.67 | 2.24 |
| (g) Earnings per Share (Not annualised) – Diluted (Rs.) | 0.69 | 0.69 | 0.65 | 2.67 | 2.24 |
| (h) Total Debt to Total Assets (%) | 44.92% | 42.50% | 41.20% | 44.92% | 41.20% |
| (i) Net Profit Margin (%) | 43.31% | 45.07% | 43.49% | 44.60% | 39.92% |
| Particulars | 31.03.2026 | 31.12.2025 | 31.03.2025 | 31.03.2026 | 31.03.2025 |
|---|---|---|---|---|---|
| 1. Gross NPA (%) | 0.37% | 0.38% | 3.22% | 0.37% | 3.22% |
| 2. Net NPA (%) | Nil | Nil | 1.61% | Nil | 1.61% |
| 3. Provision Coverage Ratio (%) | 100.00% | 100.00% | 50.00% | 100.00% | 50.00% |
| 4. Capital Risk Adequacy Ratio (CRAR) % | 55.53% | 58.13% | 69.70% | 55.53% | 69.70 |