TFCI FY26 Reports PAT at ₹123.46 Cr, NPAs Decline to 0.37%

Mumbai, May 16, 2026: In a year when lenders quietly tightened books, TFCI (Tourism Finance Corporation of India) pushed growth without letting risk slip. The company reported improved profitability and asset quality for the financial year ended March 31, 2026, with Profit After Tax rising 19 per cent year-on-year to ₹123.46 crore, backed by stronger lending and a cleaner portfolio.

Net Interest Income (NII) jumped 36 per cent in FY26. Assets Under Management (AUM) grew 29 per cent. That growth came from steady credit demand across tourism, hospitality, infrastructure, and real estate, sectors that are clearly back in motion.

Profitability Strengthens on Higher Income Growth

TFCI’s PAT climbed to ₹123.46 crore in FY26 from ₹103.81 crore a year earlier. Simple story, more lending, better income, tighter control. Earnings Per Share (EPS) moved up to ₹2.67 from ₹2.24 in FY25. Net worth rose to ₹1,304.84 crore, compared to ₹1,207.28 crore last year. And that increase didn’t come from one-off gains. It came from steady income and retained earnings.

AUM Growth Reflects Strong Credit Demand

AUM expanded 29 per cent. That number tells you where the action is. TFCI continues to fund projects across tourism and hospitality, while also backing infrastructure, manufacturing, and real estate. And demand isn’t slowing. Hotels are expanding. Infrastructure projects are moving. Developers are borrowing again. This is credit demand with momentum, not a short spike.

Asset Quality Improves with Lower NPAs

Asset quality tightened. Gross NPAs dropped to 0.37 per cent. Net NPAs stayed at zero. That’s not accidental. It points to stricter monitoring and better recoveries. And a loan book that isn’t stretched. For a sector lender, this is where credibility sits. Growth is easy. Clean growth is not.

Leadership Continuity with MD Reappointment

The Board has re-appointed the Managing Director for another two-year term, from June 1, 2026 to May 31, 2028. Continuity matters here. The company is scaling, but it’s doing it with discipline. Same leadership means the same lending playbook stays in place. And that playbook is clear, lend, but don’t chase risk.

Hospitality and Tourism Financing Remains Core Focus

TFCI is staying close to its core, tourism and hospitality. These sectors are seeing real demand again. Domestic travel is up. Hotel pipelines are active. Private investment is back on the table. Lenders like TFCI are right in the middle of that cycle—funding expansions, new builds, and infrastructure. And the strategy is straightforward: back sectors that are growing, but keep the book tight.

With stronger numbers and low stress on assets, TFCI is holding its ground as a focused lender in India’s NBFC space, especially in travel-linked sectors where demand has clearly returned. FY26 shows the balance: growth on one side, discipline on the other. And right now, both are holding.