Tourism Finance Corporation of India Limited has informed the Exchange regarding 'Investor Presentation'.
FY25 INVESTOR PRESENTATION
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Safe Harbor
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factors that could cause actual results, performance or achievements to differ materially include, among others: (a) our ability to successfully implement our strategy, (b) our growth and expansion plans, (c)
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This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. The Company may alter, modify or
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Tourism Finance Corporation of India
Track Record of Over 36 Years with dominance in Hotel Financing
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Key Business Areas
➢ Hospitality Financing to remain the thrust area with emphasis on financing commercially viable tourism projects: ― Term loan for Setting-up Hotel, Resort, Motel, Spa/Health Resort, Apartment Hotels, Guest Houses, other approved Lodgings and restaurant chains. ― Term Loan for last mile funding, expansion, modernization, renovation & acquisition of all the projects mentioned above. ― Term Loan for takeover of existing loans with tenure elongation and top up. ― Term Loan for takeover from AIFs/ARCs of all the projects mentioned above. ― Special Situation Financing for turnaround cases.
➢ Lending to other Selected sectors:
Real Estate Sector
Manufacturing, Social Infra, Logistics & Other Sectors
NBFC Sector
•Construction Financing to affordable & middle income housing projects •Construction Finance for Commercial Real Estate Projects. •Lease Rental Discounting •Loan Against Property
Non-Hospitality
•Established Manufacturing Units for expansion in capacity & long-term working capital term loan & general corporate purposes •Education School/College/Universities •Healthcare – Hospital / Diagnostic Centres/ Nursing Homes •Logistics / Cold Storage / Data Centres •Solar/ Wind Renewable projects •Focus on Special Situations.
•NBFCs with secured Wholesale loan book •NBFCs with retail & MSE book •Housing Finance Companies •MFIs
The loan are provided for onward lending against security of receivables
➢ Structured Finance, Acquisition Finance & ARC exit for cases facing bunching of repayments but having stable future cash-flows. ➢ LAS- loan against security of listed shares to Corporates/ LLP.
➢ Short-term loan to individual through fintech platform. ➢ Short-term loan to individual against security of listed shares through digital mode.
➢ Tourism/ Hospitality focused advisory services –Project Feasibility Reports, Market Survey and Marketing Tie-ups of tourism projects ➢ Debt Syndication. ➢ Special Situation Structuring Services.
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FY2024-25 Profitability & Financial Highlights
Financial Performance Highlights – Last 5 years
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Tourism Finance Corporation of India
2020-212021-222022-232023-242024-25(Audited)(Audited)(Audited)(Audited)(Audited)Interest Income (Rs.in Cr.)247.61247.89197.20195.25206.86Other Operating Income (Rs.in Cr.)10.906.4234.5046.7953.20Total Income (Rs.in Cr.)258.51254.31231.70242.04260.06Net Interest Income (Rs.in Cr.)117.5127.85106.5694.96106.69Profit before tax (Rs.in Cr.)99.86107.9109.37113.87128.02Profit after tax (Rs.in Cr.)80.7585.3287.9591.11103.81Equity share Capital (Rs.in Cr.)80.7190.3790.3790.3792.60Reserve and Surplus (Rs.in Cr.)703.73838.30926.73999.251123.77Net Worth (Rs.in Cr.)784.44928.661008.941074.851207.28Total Borrowings (Rs.in Cr.)1363.601278.741004.73983.04866.09Loan Book (Rs.in Cr.)1,976.641,834.351621.481588.921693.57Investments (Rs.in Cr.)158.77165.39337.57461.18259.00Gross NPLs (Rs.in Cr.)69.4813.5463.6243.6654.49Gross NPLs(%)3.51%0.74%3.92%2.75%3.22%Net NPLs (Rs.in Cr.)56.136.7747.8423.9727.24Net NPLs (%)2.84%0.37%2.95%1.51%1.61%Debt:Equity Ratio1.74:11.38:10.98:10.91:10.72:1Earning Per Share (Rs.)10.0010.019.7310.0811.21Book Value (Rs.)97.18102.76111.64118.94130.38CRAR(%)39.87%54.59%62.65%59.05%69.70%Return on Loan and Advances (%)12.34%12.44%12.27%12.11%12.45%Cost of Borrowing (%)9.05%8.80%9.35%9.52%9.64%NIM (%)5.31%5.77%4.97%4.58%5.07%Particulars Credit Rating
Rating Agency
Rating Amount (Rs. In Crs)
Rating Action
Long Term Bonds
Bank Borrowings
ACUITE
CARE
BRICKWORK
INFOMERICSIN INFOMERICS FOMERICS
INFOMERICSI INFOMERICS NFOMERICS
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A+ Outlook: Stable Bond :- (159.74)
A Outlook: Stable (175.00)
A+ Outlook: Stable (334.74)
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A+ Outlook: Stable (950.00)
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-
A+ Outlook: Stable (75.00)
Short Term Borrowing (Rs. In Crs)
A1+ Proposed CP: 100cr
Reaffirmed (March 2025)
Reaffirmed (August 2024)
Reaffirmed (July 2024)
Assigned (March 2025)
Reaffirmed (March 2025)
Tourism Finance Corporation of India
Portfolio Mix
PAN India Presence
LAS 3%
NBFC 6%
Hotels 66%
Hotels
Social Infrastructure
Manufacturing
Real Estate
NBFC
LAS
Manufacturing 14%
Social Infrastructure 3%
Real Estate 8%
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Presence (As on 31st Mar 2025)
Historical Presence (Facilities since closed)
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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Tourism Finance Corporation of India
State/CitiesAUM (Rs. In Cr.) Maharashtra320.70 West Bengal73.17 Uttar Pradesh329.27 Gujarat224.36 Rajasthan253.90 Telangana125.49 Andhra Pradesh59.92 New Delhi56.33 Haryana75.81 Karnataka22.46 Goa2.33 Tamil Nadu25.00 Madhya Pradesh51.18 Assam19.00 Kerala18.91 Bihar18.75 Jharkhand7.57 Andaman & Nicobar9.44 Total1,693.57 ParticularsProjectsRs. In Cr.Outstanding Projects as on date541694 FY25 – Financial Highlights
Total Income (Rs. in cr)
Profit before provision and tax (Rs. in cr)
PBT (Rs. in cr)
PAT (Rs. in cr)
Book Value per Share (Rs.)
Earning per Share (Rs.)
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Tourism Finance Corporation of India
FY25 – Financial Highlights
Gross Loan Book (Rs. in cr)
Gross Investment (Rs. in cr)
Return on Avg Loans (%)
Gross NPL (%)
Net NPL (%)
Borrowings (Rs. in cr)
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Tourism Finance Corporation of India
FY25 – Financial Highlights
Cost of Borrowings (%)
NIMs (%)
ROE (%)
ROA (%)
Tangible Net Worth (Rs. in cr)
Capital Adequacy Ratio (%)
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Tourism Finance Corporation of India
Profit & Loss Statement –FY25
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Tourism Finance Corporation of India
Particulars (Rs. in Cr.)Q4FY25Q4FY24FY25FY24IncomeInterest Income56.62 48.13 206.86 195.25Interest Expense24.47 25.51 100.17 100.29Net Interest Income32.15 22.62 106.69 94.96 Other Income12.83 9.52 53.20 46.79 Net Total Income44.98 32.14 159.89 141.74 ExpenditureEmployee Expenses4.30 3.35 14.11 12.70 Depreciation and Amortization expense0.14 0.28 0.83 1.13 Other Expenses4.23 3.84 11.93 10.04 Total Expenditure8.67 7.47 26.87 23.87 Pre Provision and pre fair value diminution operating profit36.31 24.67 133.02 117.87 Provisions and diminution in fair value--5.00 4.00 Profit Before Tax36.31 24.67 128.02 113.87 Tax6.11 4.27 24.21 22.76 Profit After Tax30.20 20.40 103.81 91.11 Other Comprehensive Income(2.64)0.21 (3.39)3.90 Total Comprehensive Income (PAT + OCI)27.56 20.61 100.42 95.01 Balance Sheet for FY25
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Tourism Finance Corporation of India
Particulars (Rs. in Cr.)Mar-25Mar-24AssetsFinancial Assets2,069.282,060.79Cash & Cash Equivalents 140.6732.10Bank balance other than cash & cash equivalents1.331.45Receivables0.040.05Loans & AdvancesGross Loans & Advances1693.571588.92Add: Retail Loans (Unsecured)--Loan to Employees (Net)0.170.18Less: Unamortised upfront fee0.210.58Less: Impairment Loss/ ECL37.6532.65Net Loans & Advances1655.881555.87Investments259.00461.18 - NCDs & Bonds25.2597.04 - Certificate of Deposit173.13123.83 - Debt Based Mutual Funds (Net)-110.14 - Security Receipts40.49104.00 - Equity (Listed/Unlisted)20.1326.17Other Financial Assets12.3610.14Non - Financial Assets32.9939.79Current Tax Assets (Net)13.8816.04Deferred Tax Assets (Net) 4.156.89Property Plant & Equipment13.1513.60Right to Use Assets0.520.73Other Intangible Assets0.100.19Other non-financial assets1.192.34Assets classified as held for sale-5.31Total Assets 2,102.272,105.89Particulars (Rs. in Cr.)Mar-25Mar-24 Liabilities Financial Liabilities883.411,013.92 Trade Payable-- Secured/Unsecured Debentures334.31373.77 Bank Borrowings528.10603.89 Other financial Liabilities21.0036.26 Non - Financial Liabilities2.492.35 Provisions1.461.59 Other non-financial liabilities1.030.76 Equity1,216.371,089.62 Equity Share Capital 92.6090.37 Reserves & Surplus1,123.77999.25 Total Liabilities 2,102.272,105.89 Eminent Board & Experienced Management Team
Eminent Board of Directors
Dr. S. Ravi Non-Executive Chairman (Non-Independent Director)
Sh. Parkash Chand Director (Representing LIC)
Sh. Bapi Munshi Independent Director
Mrs. Thankom T Mathew
Independent Director
Sh. Ashok Kumar Garg Independent Director
Dr. Mahabaleshwara MS Independent Director
Sh. Deepak Amitabh Independent Director
Sh. Aditya Kumar Halwasiya
Director
Sh. Anoop Bali
Managing Director & CFO
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Tourism Finance Corporation of India
Managing Director & Leadership Team
• Masters in Business Administration (Gold Medalist)
• Has over 35 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 Managing Director & CFO
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Tourism Finance Corporation of India
Managing Director & Leadership Team
Mrs. Charu Singh, President (Credit) ▪ ▪
27 years’ experience in project finance, appraisals & corporate finance functions with focus on tourism, urban infrastructure & manufacturing sectors 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)
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Mr. Sanjay Behari, Vice President (Credit)
• 31 years’ experience in Project Finance, Credit Administration, Post Sanction Follow-up, Debt Syndication, NPA Resolution, Asset Reconstruction,
Project/transaction Advisory & Structuring and Loan Documentation.
• He is Bachelor of Textile Engineering, M.B.A (Finance).
Mr. Tarun Gupta, Vice President (Business Development & Credit)
• 19 years’ experience in wholesale banking including real estate, project financing, structured finance and business development. • He is B.Tech from IIT Delhi and Post graduate in Advanced Finance.
Mr. Sanjay Modi, Vice President (Business Development & Credit)
• 18 years’ experience in business sourcing, debt syndication, project finance, wholesale/structured lending, promoter funding, acquisition finance, financial
analysis & structuring and credit appraisal of large & mid-corp. projects etc.
• He is B.E. (NIT Jaipur), PGDBM (IIM, Bangalore),.
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Tourism Finance Corporation of India
Managing Director & Leadership Team
Mr. Rajiv Singh, Senior Vice President (Finance and Accounts)
25 years’ 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
30 years’ 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 Contributed across multiple domains viz Corporate Laws compliances, Human Resource, Administration, Risk Management, treasury and resource raising etc.
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Mr. Rudra Nath Jha, Vice President (Legal)
• 30 years’ experience in various sectors viz. NBFC, telecom, real estate and electricity distribution with focus on regulatory policies coupled with strategic litigation,
Merger & Acquisition, statutory compliances and implemented best practices of the corporate world and became a solution provider.
• B.com &LLB.
Shri P.K. Naik, Chief Technology Officer
• 32 years’ experience in IT Governance, Information System and IT Infrastructure management, Information Security & Data protection, Business Continuity
Planning, Compliances and Business Automation in Financial Sector. A Master in Computer Application (MCA), Certified Information System Auditor (CISA)
•
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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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