Tourism Finance Corporation of India Limited has informed the Exchange regarding 'Investor Presentation'.
Q1FY26 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/Individuals.
➢ 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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Q1 FY2025-26 Profitability & Financial Highlights
Financial Performance Highlights – Last 5 years
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Tourism Finance Corporation of India
2020-212021-222022-232023-242024-25Q1 FY25-26(Audited)(Audited)(Audited)(Audited)(Audited)(Reviewed)Interest Income (Rs.in Cr.)247.61247.89197.20195.25206.8655.85Other Operating Income (Rs.in Cr.)10.906.4234.5046.7953.209.97Total Income (Rs.in Cr.)258.51254.31231.70242.04260.0665.82Net Interest Income (Rs.in Cr.)117.5127.85106.5694.96106.6934.30Profit before tax (Rs.in Cr.)99.86107.9109.37113.87128.0238.16Profit after tax (Rs.in Cr.)80.7585.3287.9591.11103.8130.56Equity share Capital (Rs.in Cr.)80.7190.3790.3790.3792.6092.60Reserve and Surplus (Rs.in Cr.)703.73838.30926.73999.251123.771154.07Net Worth (Rs.in Cr.)784.44928.661008.941074.851207.281238.37Total Borrowings (Rs.in Cr.)1363.601278.741004.73983.04866.09890.85Loan Book (Rs.in Cr.)1,976.641,834.351621.481588.921693.571711.67Investments (Rs.in Cr.)158.77165.39337.57461.18259.00349.39Gross NPLs (Rs.in Cr.)69.4813.5463.6243.6654.494.14Gross NPLs(%)3.51%0.74%3.92%2.75%3.22%0.24%Net NPLs (Rs.in Cr.)56.136.7747.8423.9727.24 - Net NPLs (%)2.84%0.37%2.95%1.51%1.61%-Debt:Equity Ratio1.74:11.38:10.98:10.91:10.72:10.71:1Earning Per Share (Rs.)10.0010.019.7310.0811.213.30Book Value (Rs.)97.18102.76111.64118.94130.38133.74CRAR(%)39.87%54.59%62.65%59.05%69.70%62.68%Return on Loan and Advances (%)12.34%12.44%12.27%12.11%12.45%13.12%Cost of Borrowing (%)9.05%8.80%9.35%9.52%9.64%9.63%NIM (%)5.31%5.77%4.97%4.58%5.07%6.44%Particulars Credit Rating
Rating Agency
Rating Amount (Amt in Rs. Crore)
Rating Action
Long Term Bonds
Bank Borrowings
ACUITE
CARE
BRICKWORK
INFOMERICSIN INFOMERICS FOMERICS
INFOMERICSI INFOMERICS NFOMERICS
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A+ Outlook: Stable (159.74)
A Outlook: Stable (175.00)
A+ Outlook: Stable (334.74)
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A+ Outlook: Stable (950.00)
-
-
A+ Outlook: Stable (75.00)
Short Term Borrowing (Amt in Rs. Crore)
A1+ Proposed CP: 100
Reaffirmed (March 2025)
Reaffirmed (August 2024)
Reaffirmed (July 2025)
Assigned (March 2025)
Reaffirmed (March 2025)
Tourism Finance Corporation of India
Portfolio Mix – As on 30.06.2025
PAN India Presence
Sectoral Distribution of Loan Portfolio
LAS 6%
NBFC 6%
Hotels 63%
Hotels
Social Infrastructure
Manufacturing
Real Estate
NBFC
LAS
Manufacturing 15%
Real Estate 8%
Social Infrastructure 2%
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Presence (As on 30th June 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.) Maharashtra337.37 West Bengal67.00 Uttar Pradesh369.26 Gujarat223.54 Rajasthan215.02 Telangana93.47 Andhra Pradesh57.23 New Delhi50.25 Haryana43.14 Karnataka75.20 Goa2.17 Tamil Nadu23.50 Madhya Pradesh85.99 Assam17.00 Kerala18.27 Bihar18.50 Jharkhand5.70 Andaman & Nicobar9.06 Total1,711.67 ParticularsNo. of Borrowers O/S (Rs. In Cr.)Loan Portfolio601,711.67 Investment Portfolio-349.39 Gross Portfolio2,061.06 Quarter1 FY26 – 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
Quarter1 FY26 – 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
Quarter1 FY26 – Financial Highlights
Cost of Borrowings (%)
NIMs (%)
ROAE (%)
ROAA (%)
Tangible Net Worth (Rs. in cr)
Capital Adequacy Ratio (%)
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Tourism Finance Corporation of India
Profit & Loss Statement – Quarter1 Ended 30.06.2025
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Tourism Finance Corporation of India
Particulars (Rs. in Cr.)Q1FY26Q1FY25Q4FY25FY25IncomeInterest Income55.85 51.41 56.62 206.86 Interest Expense21.55 23.92 24.47 100.17 Net Interest Income34.30 27.49 32.15 106.69 Other Income9.97 10.43 12.83 53.20 Net Total Income44.27 37.92 44.98 159.89 ExpenditureEmployee Expenses3.89 3.16 4.30 14.11 Depreciation and Amortization expense0.14 0.29 0.14 0.83 Other Expenses2.08 2.08 4.23 11.93 Total Expenditure6.11 5.53 8.67 26.87 Pre Provision and pre fair value diminution operating profit38.16 32.40 36.31 133.02 Provisions and diminution in fair value-0.50 -5.00 Profit Before Tax38.16 31.90 36.31 128.02 Tax7.60 6.50 6.11 24.21 Profit After Tax30.56 25.40 30.20 103.81 Other Comprehensive Income(0.22)(1.69)(2.64)(3.39)Total Comprehensive Income (PAT + OCI)30.34 23.71 27.56 100.42 Earning Per Share (Rs.)3.30 2.74 3.26 11.21 Balance Sheet As at 30.06.2025
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Tourism Finance Corporation of India
Particulars (Rs. in Cr.)Jun-25Jun-24Mar-25AssetsFinancial Assets2,130.092,184.042,069.28Cash & Cash Equivalents 91.4043.26140.67Bank balance other than cash & cash equivalents1.331.451.33Receivables0.030.030.04Loans & AdvancesGross Loans & Advances1711.671553.001693.57Loan to Employees (Net)0.170.170.17Less: Unamortised upfront fee0.200.480.21Less: Impairment Loss/ ECL36.1633.1537.65Net Loans & Advances1675.481519.551655.88Investments349.39607.82259.00 - Debt Based Mutual Funds251.81370.22- - NCDs & Bonds25.2515.0025.25 - Certificate of Deposit24.5299.30173.13 - Security Receipts27.69104.0040.49 - Equity (Listed/Unlisted)20.1319.3120.13Other Financial Assets12.4611.9312.36Non - Financial Assets26.3835.8432.99Current Tax Assets (Net)7.8813.2313.88Deferred Tax Assets (Net) 4.156.894.15Property Plant & Equipment13.0813.4113.15Right to Use Assets0.480.680.52Other Intangible Assets0.090.150.10Other non-financial assets0.701.481.19Assets classified as held for sale-5.31-Total Assets 2,156.462,225.182,102.27Particulars (Rs. in Cr.)Jun-25Jun-24Mar-25 Liabilities Financial Liabilities908.031,059.67883.41 Trade Payable--- Secured/Unsecured Debentures334.34373.91334.31 Bank Borrowings553.11649.01528.10 Other financial Liabilities20.5936.7521.00 Non - Financial Liabilities1.762.302.49 Provisions0.651.291.46 Other non-financial liabilities1.111.011.03 Equity1,246.671,163.211,216.37 Equity Share Capital 92.6092.6092.60 Reserves & Surplus1,154.071,070.611,123.77 Total Liabilities 2,156.462,225.182,102.27 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.
Mr. Anoop Bali Managing Director & CFO
• Eminent speaker at various tourism forums and has played key role in tourism
planning with several State Governments/ Ministry of Tourism, Govt of India.
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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. 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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