Investor Presentaiton
Managing Director's Comments
Commenting on the results and performance, Mr. Anirban Chakraborty, Managing Director said:
"It gives us pleasure to inform you all that your Company reported steady performance despite depressed market conditions and
liquidity crisis for the last few months. Our disbursement grew substantially to Rs. 134 crs. and Profit after Tax grew by 12% to Rs. 23
crs (YoY basis). We have been able to show a growth in our loan book inspite of slowdown in the sector.
We were also able to maintain our Asset Quality and got the rating reaffirmed by various agencies even in these challenging times and
proactively have made more than adequate provisions against our stressed assets. The Company is well capitalized with a CRAR of
40% with Tier I ratio of 39.7% as against regulatory requirement of 15%. The ROA of 4.49% and ROE of 12% are aligned with our
overall performance.
While tourism financing will be our main focus, your Company will be looking out for various financing options for diversifying for
growth and also has set up a separate subsidiary to pursue Investment Banking practise to enhance the fee-based incomes.
The Company intends to grow its balance sheet size by pursuing the emerging opportunities which would enable us to leverage its
capital and thereby improve return on equity."
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Tourism Finance Corporation of IndiaView entire presentation