Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Jul
Source: Bse
Tourism Finance Corporation of India Limited (TFCILTD)
Small CapFinancial Services stocks · Small cap · NSE
Tourism Finance Corporation of India Limited operates in Infrastructure Finance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹150.2
-5.98 · -3.83%
Market cap ₹6,465 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result20 Jul, 07:12 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens
Trend score and candlestick chart
69Bullishfull bull SMA stack · SMA20 +4.6% / mo · MACD + · near 52W high
Stock trend: 85
Sector RS: 45
Sector 3M: -5.7% vs Nifty 500 -5.6%
Financial Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
TFCILTDD candles · FIT view+106.7%TODAY · PROVISIONALLatest price ₹150.20 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-4.0%
RSI
56
MACD hist
0.16
52W pos
89%
2026-10-21O ₹156.50H ₹157.80L ₹145.60C ₹150.20Vol 1.5Cr shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
TFCILTDNifty Financial ServicesNifty 500
- TFCILTD
- +88.8%
- Nifty 500
- -5.6%
- Nifty Financial Services
- -6.0%
- Vs Nifty 500
- +94.3 pp
Chart stats
19 Oct 2026- From 52W high
- -3.6%
- 52W range position
- 95%
- ATR (14)
- 3.6%
- Volume vs 20D
- 0.92x
- Avg traded value
- ₹220 Cr
- 20D price channel
- ₹135.5 - ₹162
₹162
₹51 - ₹162
₹5.7
Latest completed session
20-session average
42.3% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · OVERVALUED27
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent85
Revenue +26.6% · PAT +96.8% YoY
Technical
Bullish69
Price trend and sector-relative-strength timing.
Valuation
Legacy model-210.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence71
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 85/100Rev +27% YoY · PAT +97% YoY · +9% QoQ · operating leverage
Filed 20 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹81 Cr | +26.6% | +9.5% |
| EBITDA | NDF | NDF | NDF |
| Operating margin | NDF | NDF | NDF |
| PAT | ₹61 Cr | +96.8% | +90.6% |
| PAT margin | 75.3% | +2687 bps | +3207 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 75.60
- P/B
- 6.51
- EV/EBITDA
- 3692.50
- Market Cap
- 6465.00Cr
Profitability
- ROE
- 9.87%
- ROCE
- 10.40%
- ROA
- 3.79%
- Dividend Y
- 0.43%
Growth (CAGR)
- Revenue 5Y
- 58.00%
- EPS 5Y
- 58.00%
- Revenue 3Y
- 92.00%
- EPS 3Y
- 92.00%
Balance Sheet
- Debt/Equity
- 0.95
- Interest Coverage
- —
- Altman Z
- 3.76
- Book Value
- 21.50
Cash Flow
- FCF Yield
- 2.12%
- FCF Positive Y
- 2/5
- OCF
- 139.00 Cr
- EPS TTM
- 1.90
Shareholding
- Promoter Hold
- 3.85%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 91%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 81.0+9.5% vs prev
Net Profit
₹ CrLatest: 61.0+90.6% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 56. Wait for confirmation.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 rising (~4.4% over last month) — short-term momentum positive.
- RSI(14) at 56 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 7% off 52W high · 195% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
97
RS percentile
Stage 2 UptrendEstablished S2
1M return
+11.9%
3M return
+88.8%
6M return
+107.9%
1Y return
+120.9%
RS 1D
0
RS 20D
+2
Sector rank
#10
Industry rank
#47
Stage evidence
- Price is 60.1% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +11.9%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
27 May 2026
S2 age
102 trading sessions
Sector
weakening
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 223.47+1.36%
RS vs Nifty 500223
Valuation & peers
U-Score 27 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 27 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation0/30
Growth17/25
Quality1/20
Balance Sheet3/15
Cash Flow4/10
Piotroski
5/9 (+3)
Penalties
-1
Raw sum
27
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
27/100 · legacy band OVERVALUED
Positive drivers
- Growth contributes 17/25 to the score.
- Cash flow contributes 4/10 to the score.
- Balance sheet contributes 3/15 to the score.
Main drags
- Penalty bucket subtracts 1 points.
- Fair-value margin of safety is negative at -210.0%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
NBFC valuation: P/B, ROA, borrowing cost, and asset quality
Lenders can look optically cheap before credit losses emerge, so valuation is tied to book quality.
Primary lens
P/B adjusted for ROA/ROE and leverage quality.
Secondary checks
AUM growth, spreads, credit cost, liquidity and ALM risk.
Main risk check
Fast growth with weak asset quality deserves a discount.
PE
75.6
PB
6.5
EV/EBITDA
3692.5
ROE
9.9%
ROCE
10.4%
FCF Yield
2.1%
Debt/Equity
0.9
MoS
-210.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
27
Previous: 27
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-210.0%
Previous: -222.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
27
27
27
27
27
27
27
27
27
27
27
27
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹30.32
-395.4% MoS
Growth-justified P/E
25.5
Growth-justified Value
₹48.45
-210.0% MoS
PEG
1.06
Comparable companies
Peers
Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MASFIN
Small
MAS Financial Services Limited
NBFC / Capital Markets / Insurance
match 128
41
12.2
13.4%
+52%
WATCHLIST
SGFIN
Small
SG Finserve Limited
NBFC / Capital Markets / Insurance
match 128
18
28.5
10.3%
-1%
OVERVALUED
NORTHARC
Small
Northern Arc Capital Limited
NBFC / Capital Markets / Insurance
match 128
44
10.7
11.1%
+60%
WATCHLIST
MUTHOOTMF
Small
Muthoot Microfin Limited
NBFC / Capital Markets / Insurance
match 125
43
12.2
6.2%
+54%
WATCHLIST
MUFIN
Small
Mufin Green Finance Limited
NBFC / Capital Markets / Insurance
match 125
15
69.2
6.7%
-178%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Tourism Finance Corporation of India Limited operates in Infrastructure Finance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
71Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 66th percentile of the scored universe and 78th percentile within Financial Services. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
64 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
66th percentile
overall median 67 · Financial Services: 78th pctile, median 62 · Small: 69th pctile, median 66
Evidence depth
Financial-only
64 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
66
acceptable · holding, pledge, alignment
Cash flow
65
acceptable · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 2.1%.
- ▸4/4 latest quarters had positive YoY revenue growth.
- ▸4/4 latest quarters had positive YoY PAT growth.
Trust risks
- ▸Promoter holding is only 3.9%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Tourism Finance Corporation of India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 14 May
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026 from bse
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.