Coral India Finance & Housing Ltd

Coral India Finance & Housing Ltd

₹ 47.9 -0.33%
14 Jun - close price
About

Incorporated in 1995, Coral India Finance and Housing Ltd provides Construction, Investment, development & maintenance of properties and related services[1]

Key Points

Business Divisions:[1]
a) Construction:
Company develops real estate projects across commercial complexes, residential developments. It works as Builders,Developers, Contractors for Construction work, including land and property development and Real estate dealers and also works on design, landscaping, engineering and structural strength of these developments
b) Financial Services:
Bill discounting, raising & placement of funds, placement of securities, advising on investments of funds, financial consultants, project counseling & advisory services, Investments and lending activities, etc.

  • Market Cap 193 Cr.
  • Current Price 47.9
  • High / Low 74.5 / 32.8
  • Stock P/E 9.30
  • Book Value 45.5
  • Dividend Yield 0.63 %
  • ROCE 14.2 %
  • ROE 12.5 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Stock is trading at 1.05 times its book value
  • Company is expected to give good quarter

Cons

  • Tax rate seems low
  • Company has a low return on equity of 12.6% over last 3 years.
  • Working capital days have increased from 572 days to 1,363 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance - Housing

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
5.96 5.58 6.35 7.35 8.22 4.32 3.78 10.83 10.62 8.82 8.25 3.50 7.12
1.85 1.17 1.09 1.31 1.67 1.21 0.75 2.88 3.40 2.70 1.71 0.80 1.71
Operating Profit 4.11 4.41 5.26 6.04 6.55 3.11 3.03 7.95 7.22 6.12 6.54 2.70 5.41
OPM % 68.96% 79.03% 82.83% 82.18% 79.68% 71.99% 80.16% 73.41% 67.98% 69.39% 79.27% 77.14% 75.98%
0.49 0.41 0.59 -1.02 -0.15 -0.43 0.75 0.40 0.37 1.32 -0.76 0.95 1.39
Interest 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.02 0.03 0.03 0.03 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Profit before tax 4.58 4.79 5.82 4.99 6.36 2.66 3.76 8.33 7.57 7.42 5.76 3.63 6.78
Tax % 17.25% 16.70% 22.34% 13.03% 29.09% 16.92% 18.62% 17.41% 18.49% 16.44% 20.83% 13.77% -1.47%
3.78 4.00 4.52 4.35 4.50 2.21 3.06 6.87 6.18 6.20 4.55 3.13 6.88
EPS in Rs 0.94 0.99 1.12 1.08 1.12 0.55 0.76 1.70 1.53 1.54 1.13 0.78 1.71
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
32 14 19 12 14 23 15 13 19 27 31 28
13 5 6 4 3 6 4 3 4 5 8 7
Operating Profit 19 9 13 8 10 17 10 10 15 22 22 21
OPM % 59% 63% 68% 69% 76% 75% 71% 74% 78% 81% 73% 75%
0 0 0 0 0 0 0 0 1 0 0 3
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 19 8 13 8 10 17 10 10 16 22 22 24
Tax % 20% 20% 21% 19% 19% 21% 19% 17% 17% 21% 18% 12%
15 7 10 6 8 13 8 8 13 17 18 21
EPS in Rs 3.06 1.34 2.07 1.27 1.63 2.70 1.65 1.61 3.22 4.31 4.55 5.15
Dividend Payout % 0% 16% 10% 16% 2% 7% 12% 12% 16% 7% 7% 8%
Compounded Sales Growth
10 Years: 7%
5 Years: 14%
3 Years: 13%
TTM: -10%
Compounded Profit Growth
10 Years: 12%
5 Years: 20%
3 Years: 17%
TTM: 13%
Stock Price CAGR
10 Years: 21%
5 Years: 27%
3 Years: 9%
1 Year: 44%
Return on Equity
10 Years: 10%
5 Years: 11%
3 Years: 13%
Last Year: 12%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 10 10 10 10 10 10 10 10 8 8 8 8
Reserves 47 53 62 67 135 134 118 107 119 134 142 175
0 0 0 0 0 0 0 0 0 0 0 0
8 7 11 12 6 5 6 8 8 11 15 10
Total Liabilities 65 70 83 90 151 149 133 125 135 153 164 193
3 3 3 2 13 12 12 12 18 18 18 18
CWIP 0 2 4 6 7 4 5 5 5 3 3 3
Investments 14 21 25 31 93 89 59 48 79 78 86 120
48 44 51 50 39 44 57 60 33 54 58 52
Total Assets 65 70 83 90 151 149 133 125 135 153 164 193

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
16 -4 7 -1 3 -1 5 8 4 2 22 5
-1 -6 -3 -4 -2 2 -5 -6 15 1 -9 -3
0 -0 -0 0 -1 -0 -1 -1 -21 -2 -1 -1
Net Cash Flow 15 -9 4 -5 -1 1 -1 1 -2 1 12 0

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 12 13 2 17 20 12 26 54 35 14 5 7
Inventory Days 690 2,500 1,161 6,045 2,640 6,289 6,190 2,489 2,510 749 827
Days Payable 18 49 38 205 140 104 118 178 5 8 4
Cash Conversion Cycle 685 2,464 1,125 5,857 20 2,512 6,211 6,126 2,346 2,519 746 830
Working Capital Days 172 344 110 133 259 200 330 306 216 225 129 1,363
ROCE % 38% 14% 19% 10% 9% 12% 8% 8% 13% 16% 15%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.37% 0.37% 0.37% 0.42% 0.42% 0.42% 0.42% 0.42% 0.42% 0.42% 0.42% 0.60%
24.63% 24.63% 24.63% 24.58% 24.58% 24.58% 24.59% 24.58% 24.58% 24.57% 24.57% 24.41%
No. of Shareholders 6,8477,2469,21111,88211,60112,62512,24412,18112,35813,50015,40215,646

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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