Tourism Finance Corporation of India Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Tourism Finance Corporation of India Ltd?

Tourism Finance Corporation of India Ltd is trading at 77.10 as of 10 May 2026, with a FY2026-2027 high of 80.5 and low of 37.0. The stock is currently near its 52-week high. Market cap stands at 3,574 Cr..

Q: Is Tourism Finance Corporation of India Ltd financially healthy?

Key indicators: ROCE of 10.7 % is moderate. Dividend yield is 0.78 %.

Fair Value

₹54.46Overvalued by 29.36%vs CMP ₹77.10

P/E (29.4) × ROE (8.5%) × BV (₹27.00) × DY (0.78%)

₹34.35Overvalued by 55.45%vs CMP ₹77.10

MoS: -124.5% (Negative)Confidence: 65/100 (Moderate)Models: All 8: Overvalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹58.18	23%	Over (-24.5%)
Graham Number	Earnings	₹39.97	17%	Over (-48.2%)
Earnings Power	Earnings	₹16.66	14%	Over (-78.4%)
DCF	Cash Flow	₹38.46	14%	Over (-50.1%)
Net Asset Value	Assets	₹27.01	7%	Over (-65%)
EV/EBITDA	Enterprise	₹0.17	9%	Over (-99.8%)
Earnings Yield	Earnings	₹26.30	7%	Over (-65.9%)
ROCE Capital	Returns	₹30.77	7%	Over (-60.1%)
Consensus (8 models)		₹34.35	100%	Overvalued

Key Drivers: Wide model spread (₹0–₹58) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 6.8%

*Investments are subject to market risks

Analyst Summary

Tourism Finance Corporation of India Ltd operates in the Finance - Term Lending Institutions segment, current market price is ₹77.10, market cap is 3,574 Cr.. At a glance, stock P/E is 29.4, ROE is 8.51 %, ROCE is 10.7 %, book value is 27.0, dividend yield is 0.78 %. The latest intrinsic value estimate is ₹34.35, around 55.4% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹252 Cr versus the prior period change of 4.1%, while latest net profit is about ₹104 Cr with a prior-period change of 14.3%. The 52-week range shown on this page is 80.5/37.0, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisTourism Finance Corporation of India Ltd. is a Public Limited Listed company incorporated on 27/01/1989 and has its registered office in the State of Delhi, India. Company's Corporate Identification N…

This summary is generated from the stock page data available for Tourism Finance Corporation of India Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Tourism Finance Corporation of India Ltd scores 58/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health54/100 · Moderate

ROCE 10.7% AverageROE 8.5% AverageD/E 1.92 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money60/100 · Moderate

FII holding up 0.90% (6mo) Slight increasePromoter holding at 3.9% Stable

Earnings Quality50/100 · Moderate

Quarterly Momentum70/100 · Strong

Profit (4Q): +30% YoY Strong

Industry Rank65/100 · Strong

P/E 29.4 vs industry 34.2 In-lineROCE 10.7% vs industry 8.8% Above peers

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 1:34 am

Market Cap	3,574 Cr.
Current Price	77.1
Intrinsic Value	₹34.35
High / Low	80.5/37.0
Stock P/E	29.4
Book Value	27.0
Dividend Yield	0.78 %
ROCE	10.7 %
ROE	8.51 %
Face Value	2.00
PEG Ratio	4.30

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Tourism Finance Corporation of India Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Tourism Finance Corporation of India Ltd	3,574 Cr.	77.1	80.5/37.0	29.4	27.0	0.78 %	10.7 %	8.51 %	2.00
IFCI Ltd	15,786 Cr.	58.5	74.5/38.1	85.5	33.2	0.00 %	5.03 %	2.09 %	10.0
Housing & Urban Development Corporation Ltd (HUDCO)	44,330 Cr.	222	254/159	15.9	90.1	2.05 %	9.62 %	15.7 %	10.0
Power Finance Corporation Ltd (PFC)	1,48,010 Cr.	448	486/330	5.87	385	3.52 %	9.73 %	21.0 %	10.0
Industry Average	52,925.00 Cr	201.40		34.17	133.83	1.59%	8.77%	11.83%	8.00

All Competitor Stocks of Tourism Finance Corporation of India Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	51	60	59	58	67	58	62	65	57	68	64	66	70
Interest	21	21	23	26	26	26	24	26	26	24	22	23	24
Expenses	5	7	7	8	5	7	6	6	10	9	6	6	6
Financing Profit	25	32	30	24	36	25	32	32	21	35	36	37	40
Financing Margin %	49%	53%	50%	42%	54%	43%	52%	50%	36%	52%	57%	55%	57%
Other Income	0	0	0	0	0	0	0	0	7	1	2	0	1
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	24	32	29	24	36	25	32	32	28	36	38	37	40
Tax %	25%	22%	17%	21%	24%	17%	20%	21%	18%	17%	20%	21%	21%
Net Profit	18	25	24	19	28	20	25	26	23	30	31	29	32
EPS in Rs	0.41	0.55	0.54	0.41	0.61	0.45	0.55	0.55	0.49	0.65	0.66	0.63	0.69
Gross NPA %	4.58%	3.92%	5.35%	3.76%	2.17%	2.75%	2.81%	2.82%	5.61%	3.22%	0.24%	0.22%	0.38%
Net NPA %	3.56%	2.95%	4.16%	2.82%	1.38%	1.51%	1.54%	1.55%	3.92%	1.61%

Last Updated: March 3, 2026, 2:08 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 5:46 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Revenue	184	186	185	208	224	230	266	258	254	231	242	252	268
Interest	81	85	90	91	96	104	121	130	120	91	100	100	93
Expenses	20	20	19	43	20	18	47	27	25	30	27	31	27
Financing Profit	83	81	75	74	107	108	98	101	109	111	115	121	147
Financing Margin %	45%	43%	41%	35%	48%	47%	37%	39%	43%	48%	47%	48%	55%
Other Income	3	2	1	24	0	6	0	0	0	0	0	8	4
Depreciation	2	1	1	1	1	0	1	1	1	2	1	1	1
Profit before tax	84	82	76	97	107	114	97	100	108	109	114	128	151
Tax %	30%	26%	29%	27%	28%	24%	17%	19%	21%	20%	20%	19%
Net Profit	58	60	54	70	77	86	81	81	85	88	91	104	122
EPS in Rs	1.45	1.49	1.33	1.75	1.92	2.14	2.01	2.00	1.89	1.95	2.02	2.24	2.63
Dividend Payout %	17%	24%	27%	23%	21%	21%	0%	8%	13%	25%	25%	27%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	3.45%	-10.00%	29.63%	10.00%	11.69%	-5.81%	0.00%	4.94%	3.53%	3.41%	14.29%
Change in YoY Net Profit Growth (%)	0.00%	-13.45%	39.63%	-19.63%	1.69%	-17.50%	5.81%	4.94%	-1.41%	-0.12%	10.88%

Tourism Finance Corporation of India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	3%
5 Years:	-1%
3 Years:	0%
TTM:	4%

Compounded Profit Growth
10 Years:	5%
5 Years:	4%
3 Years:	5%
TTM:	18%

Stock Price CAGR
10 Years:	22%
5 Years:	54%
3 Years:	77%
1 Year:	88%

Return on Equity
10 Years:	10%
5 Years:	9%
3 Years:	9%
Last Year:	9%

Last Updated: September 5, 2025, 1:46 pm

Balance Sheet

Last Updated: December 10, 2025, 3:34 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	81	81	81	81	81	81	81	81	90	90	90	93	93
Reserves	356	398	433	474	597	656	673	711	847	927	999	1,124	1,159
Borrowing	862	956	996	1,050	1,304	1,324	1,447	1,360	1,272	999	978	862	1,031
Other Liabilities	64	65	80	96	35	30	43	34	35	29	39	23	28
Total Liabilities	1,362	1,501	1,590	1,700	2,017	2,091	2,244	2,185	2,245	2,045	2,106	2,102	2,311
Fixed Assets	30	30	29	20	15	14	18	16	17	15	15	14	14
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	138	190	255	248	301	318	219	159	165	338	461	259	390
Other Assets	1,193	1,281	1,307	1,432	1,701	1,758	2,008	2,010	2,062	1,692	1,630	1,830	1,907
Total Assets	1,362	1,501	1,590	1,700	2,017	2,091	2,244	2,185	2,245	2,045	2,106	2,102	2,311

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	19	15	22	-7	135	-54	161	-171	139	-137	-7	70
Cash from Investing Activity +	-0	-0	-0	31	-0	-0	-1	-0	-2	-0	-0	12
Cash from Financing Activity +	-11	-21	-19	-19	-20	-20	-22	-1	57	-12	-22	26
Net Cash Flow	7	-6	3	6	115	-74	139	-172	193	-149	-29	109
Free Cash Flow	18	15	22	24	135	-54	161	-171	137	-137	-7	83
CFO/OP	26%	21%	26%	9%	80%	-15%	81%	-65%	70%	-59%	8%	42%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-842.00	-936.00	-977.00	42.00	19.00	17.00	46.00	26.00	24.00	-969.00	-951.00	-831.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
ROE %	14%	13%	11%	10%	13%	12%	11%	10%	10%	9%	9%	9%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	17.96%	17.96%	17.96%	17.67%	8.04%	7.85%	7.85%	3.85%	3.85%	3.85%	3.85%	3.85%
FIIs	16.78%	16.29%	13.01%	13.88%	3.41%	2.97%	2.78%	2.85%	3.44%	5.16%	4.61%	4.34%
DIIs	0.00%	0.00%	0.00%	0.00%	0.03%	0.04%	0.00%	0.00%	0.00%	0.08%	0.08%	0.01%
Public	65.24%	65.73%	69.02%	68.44%	88.53%	89.14%	89.37%	93.31%	92.71%	90.91%	91.46%	91.80%
No. of Shareholders	57,318	56,954	60,671	58,817	89,502	93,488	94,982	91,846	89,254	72,945	71,558	71,446

Shareholding Pattern Chart

No. of Shareholders

Tourism Finance Corporation of India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00
Basic EPS (Rs.)	10.01	10.00	10.04
Diluted EPS (Rs.)	10.01	10.00	10.04
Cash EPS (Rs.)	9.60	10.28	13.09
Book Value[Excl.RevalReserv]/Share (Rs.)	103.67	98.07	93.35
Book Value[Incl.RevalReserv]/Share (Rs.)	103.67	98.07	93.35
Revenue From Operations / Share (Rs.)	28.13	32.02	32.55
PBDIT / Share (Rs.)	25.38	28.63	27.11
PBIT / Share (Rs.)	25.22	28.49	27.03
PBT / Share (Rs.)	11.94	12.37	12.07
Net Profit / Share (Rs.)	9.44	10.00	10.04
NP After MI And SOA / Share (Rs.)	9.44	10.00	10.04
PBDIT Margin (%)	90.25	89.41	83.27
PBIT Margin (%)	89.67	88.96	83.03
PBT Margin (%)	42.44	38.62	37.08
Net Profit Margin (%)	33.56	31.22	30.83
NP After MI And SOA Margin (%)	33.56	31.22	30.83
Return on Networth / Equity (%)	9.10	10.19	10.75
Return on Capital Employeed (%)	14.53	14.51	13.67
Return On Assets (%)	3.80	3.69	3.61
Long Term Debt / Equity (X)	0.67	0.99	1.11
Total Debt / Equity (X)	1.36	1.72	1.92
Asset Turnover Ratio (%)	0.11	0.11	0.00
Current Ratio (X)	3.25	3.57	3.39
Quick Ratio (X)	3.25	3.57	3.39
Dividend Payout Ratio (NP) (%)	7.56	0.00	26.42
Dividend Payout Ratio (CP) (%)	7.44	0.00	20.26
Earning Retention Ratio (%)	92.44	0.00	73.58
Cash Earning Retention Ratio (%)	92.56	0.00	79.74
Interest Coverage Ratio (X)	1.91	1.78	1.81
Interest Coverage Ratio (Post Tax) (X)	1.71	1.62	1.67
Enterprise Value (Cr.)	1603.45	1837.83	1530.73
EV / Net Operating Revenue (X)	6.31	7.11	5.83
EV / EBITDA (X)	6.99	7.95	7.00
MarketCap / Net Operating Revenue (X)	2.13	1.92	1.04
Retention Ratios (%)	92.43	0.00	73.57
Price / BV (X)	0.57	0.62	0.36
Price / Net Operating Revenue (X)	2.13	1.92	1.04
EarningsYield	0.15	0.16	0.29

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Tourism Finance Corporation of India Ltd. is a Public Limited Listed company incorporated on 27/01/1989 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L65910DL1989PLC034812 and registration number is 034812. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company's Total Operating Revenue is Rs. 251.63 Cr. and Equity Capital is Rs. 92.60 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Finance - Term Lending Institutions	4th Floor,Tower-1, NBCC Plaza, New Delhi Delhi 110017	Contact not found

Management
Name	Position Held
Dr. S Ravi	Non Executive Chairman
Mr. Anoop Bali	Managing Director & CFO
Mr. Aditya Kumar Halwasiya	Non Executive Director
Mr. Parkash Chand	Non Exe. & Nominee Director
Mr. Ashok Kumar Garg	Independent Director
Mr. Bapi Munshi	Independent Director
Mrs. Thankom T Mathew	Independent Director
Dr. M S Mahabaleshwara	Independent Director
Mr. Deepak Amitabh	Independent Director

FAQ

What is the intrinsic value of Tourism Finance Corporation of India Ltd and is it undervalued?

As of 10 May 2026, Tourism Finance Corporation of India Ltd's intrinsic value is ₹34.35, which is 55.45% lower than the current market price of ₹77.10, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (8.51 %), book value (₹27.0), dividend yield (0.78 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Tourism Finance Corporation of India Ltd?

Tourism Finance Corporation of India Ltd is trading at ₹77.10 as of 10 May 2026, with a FY2026-2027 high of ₹80.5 and low of ₹37.0. The stock is currently near its 52-week high. Market cap stands at ₹3,574 Cr..

How does Tourism Finance Corporation of India Ltd's P/E ratio compare to its industry?

Tourism Finance Corporation of India Ltd has a P/E ratio of 29.4, which is below the industry average of 34.17. This is broadly in line with or below the industry average.

Is Tourism Finance Corporation of India Ltd financially healthy?

Key indicators for Tourism Finance Corporation of India Ltd: ROCE of 10.7 % is moderate. Dividend yield is 0.78 %.

Is Tourism Finance Corporation of India Ltd profitable and how is the profit trend?

Tourism Finance Corporation of India Ltd reported a net profit of ₹104 Cr in Mar 2025 on revenue of ₹252 Cr. Compared to ₹85 Cr in Mar 2022, the net profit shows an improving trend.

Does Tourism Finance Corporation of India Ltd pay dividends?

Tourism Finance Corporation of India Ltd has a dividend yield of 0.78 % at the current price of ₹77.10. The company pays dividends, though the yield is modest.