Tourism Finance Corporation of India 's Board of Directors met on May 13, 2026, and approved the audited standalone financial results for the year ended March 31, 2026. The company delivered a robust improvement in profitability, with net profit after tax rising to Rs.12,346.33 lakh from Rs.10,381.32 lakh in the previous year. Total income grew to Rs.27,683.49 lakh, driven by higher interest income which reached Rs.23,827.20 lakh. Net Interest Income rose 36%, while AUM expanded 29% during the fiscal year. The statutory auditors issued an unmodified opinion on the results. In continuation to its Board meeting, the company also filed a regulatory disclosure on May 14, 2026, informing the stock exchanges that it had published its financial results advertisement in Business Standard (English and Hindi editions) pursuant to Regulation 30 and 47 of the SEBI (LODR) Regulations, 2015.

Financial Performance: FY26 vs FY25

The company's asset quality improved markedly during the fiscal year. Gross NPA declined to 0.37% from 3.22%, while Net NPA reduced to Nil from 1.61%. The Provision Coverage Ratio improved to 100.00% from 50.00%. Total assets grew to Rs.2,41,179.52 lakh as of March 31, 2026, supported by an expansion in loans and advances to Rs.2,05,198.89 lakh. The following table presents the key annual financial metrics:

Quarterly Financial Highlights

The quarterly results also reflect consistent performance. The table below presents key metrics for the most recent quarters:

Balance Sheet and Capital Metrics

The company's balance sheet strengthened over the year. Key balance sheet and capital metrics are presented below:

Dividend and Corporate Actions

The Board recommended a dividend of Rs.0.60 per equity share of face value Rs.2/- each for the financial year 2025-26, subject to shareholder approval. It is noted that the equity shares of face value Rs.10/- were split into five equity shares of face value Rs.2/- each, effective September 19, 2025; accordingly, Basic and Diluted EPS for comparative periods have been restated in accordance with Ind AS 33. Additionally, the Board approved raising resources up to Rs.1,200 crore via loans or debt instruments. Shri Anoop Bali was re-appointed as Managing Director & CFO for a term of two years effective June 1, 2026, subject to shareholder approval.

Regulatory Disclosure

Pursuant to Regulation 30 and 47 of the SEBI (LODR) Regulations, 2015, Tourism Finance Corporation of India informed the stock exchanges on May 14, 2026 about the publication of its financial results advertisement in Business Standard in both English and Hindi versions. The disclosure was signed by Sanjay Ahuja, Company Secretary, and pertains to the financial results for the quarter and year ended March 31, 2026. The detailed financial results are available on the stock exchange websites and on the company's website at www.tfciltd.com .

Portfolio and Ratings

As of March 31, 2026, the gross loan book stood at Rs.2,088.14 crore. The sectoral distribution was led by Hotels at 52%, followed by Real Estate at 19% and Manufacturing at 12%. The company holds a credit rating of AA- (Infomerics) for its long-term bonds and bank borrowings.

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Tourism Finance Corporation of India has notified the stock exchanges of an upcoming Board of Directors meeting, scheduled for Wednesday, May 13, 2026. The intimation was issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated via a letter dated May 6, 2026, signed by Company Secretary Sanjay Ahuja.

Board Meeting Agenda

The Board meeting has been convened to consider and approve several key agenda items. The following table summarises the matters to be taken up at the meeting:

The financial results, once approved by the Board, will be submitted to the exchanges in accordance with applicable regulatory requirements.

Regulatory Background

The intimation follows a prior communication dated March 24, 2026, regarding the closure of the trading window, as required under applicable SEBI regulations. The current notice has been submitted to both BSE Ltd. and the National Stock Exchange of India Ltd. in compliance with listing obligations.

The meeting will address the company's full-year performance for FY26, alongside the consideration of potential capital-raising activities through debt instruments, reflecting standard corporate and regulatory practice for listed entities.