Tourism Finance Corporation of India Limited has informed the Exchange about Investor Presentation
FY23 INVESTOR PRESENTATION
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Tourism Finance Corporation of India
FY23 – Financial Highlights
Gross Loan Book (Rs. in cr)#
Borrowings (Rs. in cr)
Book Value per Share (Rs.)
1,834.35
1,278.74
1,004.73
111.64
102.76
1,621.48
Mar-23
Mar-22
Mar-23
Mar-22
Mar-23
Mar-22
Gross NPL (%)
Net NPL (%)
Capital Adequacy Ratio (%)
3.92%
0.74%
Mar-22
Mar-23
#73% of Loan Book constitutes of MSME Loans
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2.95%
Mar-23
0.37%
Mar-22
Total CRAR Tier 1 62.65%
62.30%
54.59%
53.80%
Mar-23
Mar-22
Tourism Finance Corporation of India
FY23 – Financial Highlights
Profit before provision and tax (Rs. in cr)
PBT (Rs. in cr)
PAT (Rs. in cr)
NIMs (%)
117.48
107.90
109.37
107.90
87.95
85.32
4.97%
5.77%
FY23
FY22
FY23
FY22
FY23
FY22
FY23
FY22
Return on Loans (%)
Cost of Borrowings (%)
ROE (%)
ROA (%)
12.27%
12.44%
9.35%
8.80%
9.08%
9.99%
4.10%
3.85%
FY23
FY22
FY23
FY22
FY23
FY22
FY23
FY22
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Tourism Finance Corporation of India
Q4FY23 – Financial Highlights
Profit before provision and tax (Rs. in cr)
PBT (Rs. in cr)
PAT (Rs. in cr)
NIMs (%)
31.81
31.81
28.57
24.89
25.57
22.43
5.92%
4.88%
Q4FY23
Q4FY22
Q4FY23
Q4FY22
Q4FY23
Q4FY22
Q4FY23
Q4FY22
Return on Loans (%)
Cost of Borrowings (%)
ROE (%)
ROA (%)
10.96%
12.43%
9.35%
8.80%
9.99%
9.78%
5.07%
4.07%
Q4FY23
Q4FY22
Q4FY23
Q4FY22
Q4FY23
Q4FY22
Q4FY23
Q4FY22
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Tourism Finance Corporation of India
Profit & Loss Statement – Q4FY23 and FY23
Particulars (Rs. Crs.)
Income
Interest Income
Interest Expense
Net Interest Income
Other Income
Net Total Income
Expenditure
Employee Expenses
Depreciation and Amortization expense
Other Expenses
Total Expenditure
Pre Provision and pre fair value diminution operating profit
Provisions and diminution in fair value
Profit Before Tax
Tax
Profit After Tax
Other Comprehensive Income
Total Comprehensive Income (PAT + OCI)
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Q4FY23
Q4FY22
Q-o-Q
FY23
FY22
Y-o-Y
45.03
21.10
23.93
15.16
39.09
3.30
0.35
3.63
7.28
31.81
-
31.81
6.92
24.89
0.59
25.48
59.61
27.03
32.58
1.20
33.78
3.85
0.42
3.94
8.21
25.57
(3.00)
28.57
6.13
22.44
0.61
23.05
(26.55%)
15.72%
(11.33%)
24.40%
11.34%
10.92%
10.55%
197.20
90.64
106.56
34.50
141.06
11.59
1.66
10.33
23.58
117.48
8.11
109.37
21.42
87.95
3.74
91.69
247.89
120.04
127.85
6.42
134.27
15.18
1.48
9.71
26.37
107.90
-
(16.65%)
5.06%
(10.58%)
8.88%
107.90
1.36%
22.58
85.32
3.13
88.45
3.08%
3.67%
Tourism Finance Corporation of India
Balance Sheet for FY23
Particulars (Rs. in Cr.)
Mar-23
Mar-22
Particulars (Rs. in Cr.)
Mar-23
Mar-22
Assets Financial Assets Cash & Cash Equivalents Bank balance other than cash & cash equivalents Receivables Loans & Advances
Gross Loans & Advances Loan to Employees (Net) Less: Unamortised upfront fee Less: Impairment Loss/ ECL Net Loans & Advances
Investments Other Financial Assets Non - Financial Assets Current Tax Assets (Net) Deferred Tax Assets (Net) Property Plant & Equipment and Right to Use Assets Intangible Assets under Development and Other Intangible Assets Other non-financial assets Assets classified as held for sale Total Assets
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1,999.65 60.98 1.48 0.12
1621.48 0.18 1.01 38.07 1582.58 337.57 16.92
39.83 14.85 7.77 15.05
0.40
1.76 5.31 2,044.79
2,195.35 209.51 1.97 0.14
1834.35 0.18 2.99 27.01 1804.53 165.39 13.81
43.91 17.64 7.74 16.56
0.56
1.41 5.31 2,244.57
Liabilities
Financial Liabilities
Trade Payable
Secured/Unsecured Debentures
Bank Borrowings
Other financial Liabilities
Non - Financial Liabilities
Provisions
Other non-financial liabilities
Equity
Equity Share Capital
Reserves & Surplus
Total Liabilities
1,025.72
1,305.08
-
373.10
625.73
26.89
1.97
1.25
0.72
1,017.10
90.37
926.73
-
628.90
643.34
32.84
2.53
2.02
0.51
936.96
90.37
846.59
2,044.79
2,244.57
Tourism Finance Corporation of India
Credit Rating
Rating Agency
Rating Amount (Rs. In Crs)
Rating Action
Long Term Bonds
Bank Borrowings
ACUITE
CARE
Brickwork
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AA- Outlook: Negative NCD’s :- (359.74) MLD :- (75.00)
A Outlook: Stable (300.00)
AA- Outlook: Negative (950.00)
Reaffirmed/Assigned (February 2023)
-
Reaffirmed Outlook Reaffirmed/Outlook revised to Stable from Negative (August 2022) (August 2022)
Reaffirmed/Outlook revised to Stable from Negative (July 2022)
Tourism Finance Corporation of India
A+ Outlook: Stable (534.74)
A+ Outlook: Stable (1,150.00)
PAN India presence with Track Record of over 30 Years
Multiple Project Sanctions
Particulars
Projects
Cumulative Sanctioned
Cumulative Disbursement
Cumulative Closed
Cumulative Write-offs Outstanding Projects as on date
932
566
506
10
50
Rs. Crs.
13024
7936
6207
108
1621
PAN India Presence
State/Cities
# Projects
Uttar Pradesh
Maharashtra
Gujarat
Rajasthan
Haryana
Delhi
Madhya Pradesh
Tamil Nadu
Andhra Pradesh
Goa
Telangana
Assam
Karnataka
West Bengal
Kerala
Andaman & Nicobar
UT of Chandigarh
Bihar
7
6
5
5
4
4
3
2
2
2
2
2
1
1
1
1
1
1
Total
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Tourism Finance Corporation of India
Note: Map not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness
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Presence (As on 31st March 2023)
Historical Presence (Facilities since closed)
Track record of Consistent Performance
Financial Performance Summary
Rs. cr.
Gross Interest Income Net Interest Income Profit before tax Profit after tax Equity share capital Reserves and surplus Tangible Net worth (Net of deferred tax and intangible assets) Total Borrowings Earnings per share(Rs.) Book Value(Rs.) Debt: Equity Ratio CRAR(%) Gross NPLs Gross NPLs(%) Net NPLs Net NPLs(%) Loan Book Return on Loans & Advances(%) Cost of Borrowings(%) NIM(%)
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2017-18 (Audited) 186.18 80.49 106.98 77.48 80.71 587.35
668.07
1306.26 9.33 82.77 1.96:1 39.9 33.3 2.15 1.22 0.08 1,550.16 12.18 8.96 5.37
2018-19 (Audited) 210.56 107.25 113.64 86.25 80.71 648.97
729.68
1326.64 10.69 90.4 1.82:1 39.01 87.14 5.14 47.62 2.81 1,693.82 11.81 9.15 5.21
2019-20 (Audited) 240.23 119.51 97.45 81.02 80.71 665.76
746.47
1451.24 10.04 92.48 1.94:1 37.54 44.82 2.5 28.9 1.61 1,793.54 12.73 9.24 5.51
2020-21 (Audited) 247.61 117.5 99.86 80.75 80.71 703.73
784.44
1363.60 10.00 97.18 1.74:1 39.87 69.48 3.51 56.13 2.84 1,976.64
12.34 9.05 5.31
2021-22 (Audited) 247.89 127.85 107.9 85.32 90.37 838.30
928.66
1278.74 10.01 102.76 1.38:1 54.59 13.54 0.74 6.77 0.37 1,834.35
12.44 8.80 5.77
2022-23 (Audited) 197.20 106.56 109.37 87.95 90.37 926.73
1008.94
1004.73 9.73 111.64 0.98:1 62.65 63.62 3.92% 47.84 2.95% 1621.48
12.27 9.35 4.97
Tourism Finance Corporation of India
Eminent Board & Experienced Management Team
Eminent Board of Directors
Dr. S. Ravi
Non- Executive Chairman of the Board
Sh. Koppara Sajeeve Thomas Director
Sh. G D Mundra Director
Sh. Rajesh Kumar Dubey
Director
Sh. Bapi Munshi
Independent Director
Mrs. Thankom T Mathew
Independent Director
Sh. Ashok Kumar Garg Independent Director
Sh. Anoop Bali
Whole Time Director & CFO
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Tourism Finance Corporation of India
Key Managerial Personnel…
• Masters in Business Administration.
• Has over 33 years of experience in Credit appraisal, Monitoring & Recovery,
NPA/Stressed Asset Management, Legal Matters, Risk Management, Accounts
& Finance, Treasury and Resource Management, Corporate Advisory, etc.
• Has expertise in development of varied hospitality projects, branding and
financial structuring.
• Eminent speaker at various tourism forums and has played key role in tourism
planning with several State Governments/ Ministry of Tourism, Govt of India.
Mr. Anoop Bali Whole Time Director & CFO
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Tourism Finance Corporation of India
Experienced Team of Professionals
Mrs. Charu Singh, President Has over 2 decades of experience in project finance, appraisals & corporate finance functions with focus on tourism, urban infrastructure & manufacturing sectors Joined TFCI in 1997 and has contributed across multiple domains viz. credit appraisals, project monitoring & follow-up, credit risk management, NPA resolution and various consultancy assignments Holds an MBA (Finance) degree and is a qualified Cost Accountant (ICMAI). She is also an Certified Associate of Indian Institute of Bankers (CAIIB)
Mr. Debashish Dutta, Senior Vice President
Has over 16 years of experience across Debt Syndication, Resource Mobilization, Business Development, managing Financial Institutions and Public Relations Holds a MBA degree and BE in Computer Technology
Mr. Rajiv Singh, Senior Vice President
Has over 2 decades of experience with listed companies, public financial institution in Company Secretary functions, Accounts Finance, Resource Mobilisation, Banking operations, Risk Management, Treasury, RBI Compliances etc. An associate member of Institute of Company Secretaries of India(ICSI) Institute of Cost Accountants of India(ICMAI) and holds Bachelor of Law Degree(LLB) from Delhi University He is also a Certified Associate of Indian Institute of Bankers (CAIIB)
Mr. Sanjay Ahuja, Senior Vice President and Company Secretary
Having over 29 years of experience in corporate laws and governance related matters Fellow Member of the Institute of Company Secretaries of India, member of Institute of Cost Accountants of India and is a Law Graduate Joined TFCI in 1995 and has contributed across multiple domains viz Corporate Laws compliances, Human Resource, Administration, Risk Management, treasury and resource raising etc.
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Tourism Finance Corporation of India
Thank You
Mr. Sanjay Ahuja, Company Secretary Email id: complianceofficer@tfciltd.com Website : www.tfciltd.com
Registered & Corporate Office: 4th Floor, Tower-1 NBCC Plaza, Pushp Vihar Sector 5, Saket, New Delhi 110017 India
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