Tourism Finance Corporation of India Ltd

Know More
NSEBSE

251.5511.95 (4.99%)

03:52 PM,1st Mar 2024

251.9011.95 (4.98%)

04:01 PM,1st Mar 2024

BSE : 526650

NSE : TFCILTD

Sector : Financials

ISIN Code : INE305A01015

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Mar 01 2024 | 04:01 PM IST

Market Cap (₹ Cr)

2273

Turnover (₹ Cr)

5.33

Volume (Shares)

2118370

Face Value

10

52-WK High

267.55

52-WK High Date

26 Feb 2024

52-WK Low

67.20

52-WK Low Date

28 Mar 2023

All Time High

267.55

All Time High Date

26 Feb 2024

All Time Low

4.45

All Time Low Date

20 Sep 2001

Tourism Finance Corporation of India Ltd

Tourism Finance Corporation of India Ltd is a Government of India Enterprises. The company is engaged in the business of financing tourism-related projects. They provide financial assistance to enterprises for setting up and/ or development of tourism-related projects facilities and services such as hotels restaurants holiday resorts amusement parks multiplexes and entertainment centers education and sports safari parks rope-ways cultural centers convention halls transport travel and tour operating agencies air service tourism emporia and sports facilities. The forms of financial assistance include rupee loan underwriting of public issues of shares/debentures and direct subscription to such securities guarantee of deferred payments and credit raised abroad equipment finance equipment leasing assistance under suppliers' credit working-capital financing takeover financing and advances against credit-card receivables.The company also provides high-quality research and Consultancy services to the tourism industry in general and to the investors in tourism industry in particular. In line with this TFCI has been providing Consultancy services to different central and state agencies by undertaking broad-based assignments to cover macro & micro level tourism-related studies/ exercises to facilitate identification conceptualization promotion/ implementation of specific tourism-related projects & for taking policy level decisions with respect to investment and infrastructure augmentation etc. Besides TFCI has been providing specific project-related services to various clients. It has also undertaken appraisal of individual projects for various state government agencies/individual clients.The company has pioneered and innovated various products in financing the diverse needs of the industry such as the first Amusement-cum-Water Park at Mumbai the first Water Sports Complex at Goa the Palace on Wheels the highly acclaimed spa The Ananda at Himalayas the restoration of heritage resorts namely the Devigarh Palace at Udaipur conversion of Umaid Bhawan Palace into a resort hotel etc.Tourism Finance Corporation of India Ltd was incorporated on January 27 1989 as a public limited company. The company became operational with effect from February 1 1989 on receipt of certificate of the commencement of business from the Registrar of Companies. The company was promoted by IFCI Ltd along with other All-India Financial/ Investment Institutions and Nationalised Banks. The company was set up as a specialized All India Financial Institution to cater to the financing requirements of the Tourism Industry at the instance of Government of India arising from the recommendation of National Committee on Tourism. In the year 1994 the company made a public issue of 17000000 Nos of equity shares of Rs 10 each at a premium of Rs 20 per share.In the year 1999 the company had gone towards the setting up of non-conventional tourism projects like restaurants highway facilities travel agencies amusement parks dolphinarium ropeways car rental services ferries for inland water transport airport facilitation centre training institute for hotel personnel etc. In the year 2000 Tourism Advisory & Financial Services Corporation of India Ltd was amalgamated with the company.During the year 2008-09 the company took possession of 3 hotels located at Mukundgarh Bikaner & Jaisalmer under the SRFAESI Act. During the year 2009-10 the company ventured into infrastructure project financing business viz. power ports airports roads and bridges etc. which is expected to give a fillip to tourism and hospitality projects.The company has been pursuing to expand its portfolio not only by extending facilities to existing hotel properties for renovation upgradation and setting up of new projects but also has been actively pursuing consultancy assignments for various state governments for drafting the tourism policy and other projects for tourism/ circuit development etc.

Tourism Finance Corporation of India Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

2273

EPS - TTM (₹) [S]

10.58

P/E Ratio (X) [S]

2.40

Face Value (₹) 10
Latest Dividend (%)24.00
Latest Dividend Date 11 Aug 2023
Dividend Yield (%) 1.00
Book Value Share (₹) [S]105.03
P/B Ratio (₹) [S]2.40
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Quant Momentum Fund - Regular (G) 8.23 450000 1.14
Quant Momentum Fund - Regular (IDCW) 8.23 450000 1.14
Quant Momentum Fund - Direct (G) 8.23 450000 1.14
Quant Momentum Fund - Direct (IDCW) 8.23 450000 1.14

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

241.70

251.55

Week Low/High

233.45

268.00

Month Low/High

179.00

268.00

Year Low/High

67.20

268.00

All time Low/High

5.00

268.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-1.24%-1.29%0.820.57%
1 Month27.79%27.85%2.932.96%
3 Month130.04%129.83%9.2810.22%
6 Month123.70%123.40%12.7814.94%
1 Year254.95%255.30%24.1328.01%
3 Year331.11%330.74%47.9351.33%

Company Info

Company Information

Company Sec. & Compli. Officer : Sanjay Ahuja

Non-Exec. & Independent Dir. : Bapi Munshi.

Non-Exec. & Independent Dir. : Thankom T Mathew

Non-Exec & Non-Independent Dir : Koppara Sajeeve Thomas

Chairman (Non-Executive) : S Ravi

Director : G D Mundra

Whole Time Director & CFO : Anoop Bali

Independent Director : Ashok Kumar Garg

Registered Office: 4th Floor Tower-1 NBCC Plaza, Puship Vihar Sector-5 Saket,New Delhi,New Delhi-110017 Ph: 91-11-29561180

Email:ho@rfciltd.com

URL:http://www.tfciltd.com