TFCI bonds of ₹175.00 crore upgraded to BWR AA-/Stable from A+/Stable by Brickwork
Tourism Finance Corporation of India · Finance
Key highlights
- Brickwork upgraded bonds of ₹175.00 crore (from ₹334.74 crore, reduced on redemption) from BWR A+/Stable to AA-/Stable; rating letter dated 2 July 2026, received 3.7.2026
- Bonds are ₹100 crore unsecured at 9.60% maturing 25 Feb 2028 and ₹75.00 crore unsecured at 9.65% maturing 25 Feb 2033
- As at 31 March 2026: tangible net worth ₹1304.84 crore, CRAR 55.53%, portfolio outstanding ₹2088.14 crore
Why it's rated notable: the amount is 57% of annual revenue (50% or more)
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Credit Rating
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.