Tourism Finance Corporation of India, which provides financial assistance to tourism-related projects, has reported 6 per cent increase in March quarter net profit at ₹32 crore, on the back of healthy demand.
Income also increased 6 per cent to ₹74 crore while EBITDA jumped 7 per cent to ₹65 crore.
In FY26, the company registered 19 per cent rise in net profit at ₹123 crore. Income increased 6 per cent to ₹277 crore while EBITDA was up 7 per cent to ₹249 crore.
Tangible net worth stood at ₹1,305 crore in FY26, reflecting 8 per cent y-on-y growth. Gross loans increased 23 per cent to ₹2,088 crore in FY26.
Gross NPA improved sharply to 0.37 per cent in FY26 from 3.22 per cent in FY25. Net NPA reduced to zero in FY26 from 1.61 per cent in FY25, reflecting strong recoveries and a clean asset book.
Net interest margin improved to 6.43 per cent (5.07 per cent) in FY26.
Capital adequacy ratio remained strong at 55.53 per cent, well above regulatory requirements.
Pan-India presence
The company maintains a pan-India presence, with key exposures in Uttar Pradesh, Maharashtra and Gujarat, supporting geographic diversification.
Established in 1989, the public financial institution 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.