Tourism Finance Corporation of India Limited Share Price and Company Fundamentals



Price
₹51.5
Change
0.400 (0.783%)
52 week
45.0 - 83.35

Last traded: Yesterday at 10:00 AM

Tourism Finance Corporation of India Limited provides financial assistance to tourism-related activities/projects in India. The company offers rupee term loans, project loans, corporate loans, loans against securities, bridge loans, subscription in equity shares/debentures, etc.; structured solutions to corporate clients; advisory/investment solutions to manage, leverage, and enhance capital structure by various offerings, such as convertible preference shares, mezzanine loans, venture capital debt, convertible bonds, etc.; and structured finance, PE placement, mergers and acquisitions, project and infrastructure finance, debt syndication, and debt restructuring services. It also provides research and consultancy services; financial assistance to greenfield, as well as for expansion, diversification, and modernization projects; and financial assistance for small and medium businesses. Tourism Finance Corporation of India Limited was incorporated in 1989 and is based in New Delhi, India.

Key Metrics

PE ratio

5.10

PB ratio

0.49

Dividend yield

2.35%

Beta

0.80

Market cap

-

Enterprise value

-

Company profile

Industry / SectorCredit Services / Financial Services
Websitehttps://www.tfciltd.com
Mailing addressNBCC Plaza 4th Floor, Tower–1 Sector–V Pushp Vihar Saket New Delhi 110017 India
Phone / Fax91 11 4747 2200 / 91 11 2956 1171

Dividends

Dividend yield

2.35%

Dividend amount

₹1.20

Payout ratio

7.99%

Tourism Finance Corporation of India Limited paid ₹1.20 dividend and the ex-dividend date was 21 Sept 2021.The dividend payout ratio is 7.99%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TFCILTD dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

TFCILTD's forward dividend amount is ₹0.8 and the forward dividend yield is 1.56%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Tourism Finance Corporation of India Limited.

NameTitleAgeTotal Pay
Mr. Anoop BaliCFO & Whole Time Director10.86M
Mr. Sanjay AhujaCompliance Officer & Company Sec.518.82M
Mr. Ajit Dash ChoudhuryExec. Director46
Ms. Charu SinghPres

Profitability and management effectiveness

Profit margin

66.46%

Operating margin

84.05%

Return on assets

3.85%

Return on equity

9.87%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Tourism Finance Corporation of India Limited is and its enterprise value is .

The TFCILTD's stocks Beta value is 0.80 making it 20% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Tourism Finance Corporation of India Limited (NSE:TFCILTD) Frequently Asked Questions

1. What is Tourism Finance Corporation of India Limited's Stock Symbol?

Tourism Finance Corporation of India Limited trades on NSE under the ticker symbol "TFCILTD".

2. What is Tourism Finance Corporation of India Limited's stock price today?

One share of TFCILTD stock can currently be purchased for approximately ₹51.5.

3. How can I contact Tourism Finance Corporation of India Limited?

Tourism Finance Corporation of India Limited's mailing address is NBCC Plaza 4th Floor, Tower–1 Sector–V Pushp Vihar Saket New Delhi 110017 India. The company can be reached via phone at 91 11 4747 2200.

4. What is Tourism Finance Corporation of India Limited's official website?

The official website of Tourism Finance Corporation of India Limited is https://www.tfciltd.com.