Latest news with #TFCI
Economic Times
3 days ago
- Business
- Economic Times
Tourism Finance Corporation board to meet on July 10 to consider stock split
TFCI is a premier public financial institution which commenced operations in 1989 and provides finance and advisory services to the tourism sector in India. Synopsis Tourism Finance Corporation of India (TFCI) will consider a stock split at its board meeting on July 10. The move follows a stellar run in 2025, with the stock gaining 58% year-to-date and hitting a fresh 52-week high. Tourism Finance Corporation of India's (TFCI) board of directors will meet on Thursday, July 10 to consider the proposal for a stock split. The manner of sub-division of equity shares of face value of Rs 10 each will be decided during the meeting. ADVERTISEMENT The company in its filing to the exchanges on Friday informed about the board meeting. It said that the trading window for dealing in the securities of the company by the designated or connected persons will be closed from July 1 till 48 hours after the declaration of financial results. Tourism Finance Corporation is a smallcap stock with a market capitalisation of Rs 2,426 crore. Shares of Tourism Finance Corporation ended Friday's trade at Rs 262 on the NSE, surging by 8.21% or Rs 19.87 from Thursday's closing price. The stock also hit a fresh 52-week high of Rs is a premier public financial institution which commenced operations in 1989 and provides finance and advisory services to the tourism sector in India. Besides tourism, TFCI is now also providing finance to educational institutions, healthcare institutions, non-banking finance companies, and the real estate sector engaged in affordable/middle-class housing development among other stock has been in top form in 2025 so far, delivering 58% returns and significantly outperforming the Nifty whose returns on the year-to-date basis is 7%. On the one-year basis, TFCI has yielded 28% versus 5% by the 50-stock index. ADVERTISEMENT Also Read: Vedanta's investor dilemma: Dividend king, pauper returns; time to buy or say bye? The company reported Q4FY25 net profit of Rs 30 crore versus Rs 20 crore posted by the company in the year-ago period. This is a 48% year-on-year growth. The total revenue in the quarter under review stood at Rs 70 core, which is a YoY 21% jump over Rs 58 crore posted in the corresponding quarter of the last financial year. ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Time of India
3 days ago
- Business
- Time of India
Tourism Finance Corporation board to meet on July 10 to consider stock split
Tourism Finance Corporation of India's (TFCI) board of directors will meet on Thursday, July 10 to consider the proposal for a stock split. The manner of sub-division of equity shares of face value of Rs 10 each will be decided during the meeting. The company in its filing to the exchanges on Friday informed about the board meeting. It said that the trading window for dealing in the securities of the company by the designated or connected persons will be closed from July 1 till 48 hours after the declaration of financial results. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Record di vendite in Italia per il bracciale anti-zanzare! Liberati dalle zanzare e dormi tranquillo ZSONIC Acquista ora Undo Tourism Finance Corporation is a smallcap stock with a market capitalisation of Rs 2,426 crore. Shares of Tourism Finance Corporation ended Friday's trade at Rs 262 on the NSE, surging by 8.21% or Rs 19.87 from Thursday's closing price. The stock also hit a fresh 52-week high of Rs 264. TFCI is a premier public financial institution which commenced operations in 1989 and provides finance and advisory services to the tourism sector in India. Besides tourism, TFCI is now also providing finance to educational institutions, healthcare institutions, non-banking finance companies, and the real estate sector engaged in affordable/middle-class housing development among other sectors. Live Events The stock has been in top form in 2025 so far, delivering 58% returns and significantly outperforming the Nifty whose returns on the year-to-date basis is 7%. On the one-year basis, TFCI has yielded 28% versus 5% by the 50-stock index. Also Read: Vedanta's investor dilemma: Dividend king, pauper returns; time to buy or say bye? The company reported Q4FY25 net profit of Rs 30 crore versus Rs 20 crore posted by the company in the year-ago period. This is a 48% year-on-year growth. The total revenue in the quarter under review stood at Rs 70 core, which is a YoY 21% jump over Rs 58 crore posted in the corresponding quarter of the last financial year.
Business Standard
12-05-2025
- Business
- Business Standard
TFCI jumps after Q4 PAT rises 48% YoY to Rs 30 cr
Tourism Finance Corporation of India (TFCI) rallied 3.90% to Rs 203.95 after the company's standalone net profit jumped 48.04% to Rs 30.20 crore in Q4 FY25 as compared with Rs 20.40 crore in Q4 FY24. Total income jumped 20.49% year on year (YoY) to Rs 69.45 crore during the quarter ended 31st March 2025. Profit before tax (PBT) climbed 47.2% to Rs 36.31 crore in Q4 FY25 as compared with Rs 24.67 crore in Q4 FY24. Borrowings stood at Rs 866.09 crore as of 31st March 2025, down 11.9% as compared with Rs 983.04 crore as of 31st March 2024. Gross loan book as of 31st March 2025 was Rs 1,693.57 crore, which was higher by 7% as compared with Rs 1,588.92 crore as of 31st March 2024. Capital adequacy ratio (CRAR) stood at 69.70% as of 31st March 2025 as against 59.05% as of 31st March 2024. Tier I was at 69.18% as of 31st March 2025 as compared with 58.50% as of 31st March 2024. On full year basis, the companys standalone net profit jumped 13.9% to Rs 103.81 crore on 7.4% increase in total income to Rs 260.06 crore in FY25 over FY24. Net interest income rose 12.35% to Rs 106.69 crore in FY25 as compared with Rs 94.96 crore in FY24. Net interest margin (NIM) stood at 5.07% in FY25 as against 4.58% in FY24. Meanwhile, the companys board recommended a dividend of Rs 3 per equity share of Rs 10 each for FY25. Further, the companys board approved raising funds by way of long/medium/short-term/overdraft loans from banks/financial institutions/other institutions or issue of bonds/debentures/other instruments for an amount not exceeding Rs 1,000 crore. Tourism Finance Corporation of India, popularly known as TFCI, is a premier public financial institution which commenced operations in 1989 with core objective of providing finance and advisory services to the tourism sector in India. Besides tourism, TFCI also provides finance to educational institutions, healthcare institutions, non-banking finance companies, real-estate sector engaged in affordable/middle class housing development, other services such as logistics, warehousing, etc., renewable energy and manufacturing sectors.
