What we do Tourism Finance Corporation of India Ltd is a specialized financial institution offering project and corporate finance primarily to tourism, hospitality, real estate, manufacturing, and infrastructure sectors in India. |
Founded in 1,989 |
Market share Leading financier with 29% share of India's star-category hotel rooms financing and a strong presence in tourism and infrastructure sectors. |
Problem solved Provides specialized finance solutions to tourism-related businesses facing challenges in project funding and infrastructure expansion, also aiding social and urban infrastructure financing. |
Top clients or who we serve Serves hospitality industry, real estate developers, manufacturers, social infrastructure clients, NBFC/HFCs, and high net-worth individuals. Primarily B2B. |
Key management Mr. Anoop Bali, Managing Director & CFO, MBA Gold Medalist with 35+ years' experience; supported by experienced senior leadership with IIT and IIM backgrounds. |
Our journey and innovations Founded in 1989 on Planning Commission's tourism committee recommendation; pioneered financing for heritage and innovative tourism projects; expanded into new sectors post-2008. |
Where we operate Pan-India presence covering major states with focus on Uttar Pradesh, Maharashtra, Gujarat, Delhi, Karnataka, and others. |
Top products or what we offer Project and term loans, loan syndication, acquisition finance, retail loans through fintech, and consultancy services for tourism and infrastructure projects. |
Top brands - |
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Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from recurring interest and fees from financing and consultancy services with cyclical sensitivity linked to hospitality industry. |
Our industry position Premier all-India financial institution with strong credit ratings, leading role in tourism financing and diversified portfolio across resilient industries. |
Financial highlights FY25 revenue Rs.260 crore, PAT Rs.104 crore, 10% loan sanction growth with healthy capital adequacy of 69.7% and gearing of 0.72 times. |
Geographical revenue split 100% revenue from India with major operations across several key states including UP, Maharashtra, Gujarat, Delhi, and Karnataka. |
Order book - |
Whats driving growth Growth driven by expanding hospitality loans, retail-fintech collaboration, renewable energy and infrastructure lending, and strong asset quality management. |
Our future plans Focus on hospitality financing, retail loans via fintech, co-lending in SME, structured finance, and advisory services with potential inorganic growth via acquisitions. |
Our green promise Committed to ESG with initiatives in energy efficiency, afforestation, renewable energy projects, social upliftment, healthcare, and education support. |
Our people and values Employees operate under strong governance, ethical practices, and diversity inclusion, supported by continuous training and a structured remuneration policy. |
Key challenges ahead Managing asset quality amid economic uncertainties, balance funding costs, regulatory compliance, and navigating cyclical tourism sector risks. |
Interesting facts Played a key role in creating 58,700+ star-category hotel rooms (~29% market share). Pioneered financing heritage resorts and innovative tourism infrastructure. |
Risks and strategy Mitigates credit and market risks via strict appraisal, monitoring, diversified portfolio and prudent resource management with a robust risk framework. |
