Coral India Finance and Housing Limited engages in the finance and construction businesses in India.
Flawless balance sheet with solid track record.
Share Price & News
How has Coral India Finance and Housing's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CORALFINAC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CORALFINAC exceeded the Indian Construction industry which returned -40.4% over the past year.
Return vs Market: CORALFINAC exceeded the Indian Market which returned -16.2% over the past year.
Price Volatility Vs. Market
How volatile is Coral India Finance and Housing's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StInvestors Who Bought Coral India Finance and Housing (NSE:CORALFINAC) Shares Three Years Ago Are Now Down 74%
4 weeks ago | Simply Wall StRead This Before Buying Coral India Finance and Housing Limited (NSE:CORALFINAC) For Its Dividend
1 month ago | Simply Wall StWhat Is Coral India Finance and Housing's (NSE:CORALFINAC) P/E Ratio After Its Share Price Rocketed?
Is Coral India Finance and Housing undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CORALFINAC (₹14.2) is trading above our estimate of fair value (₹1.6)
Significantly Below Fair Value: CORALFINAC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CORALFINAC is good value based on its PE Ratio (6.3x) compared to the Construction industry average (7.9x).
PE vs Market: CORALFINAC is good value based on its PE Ratio (6.3x) compared to the Indian market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CORALFINAC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CORALFINAC is overvalued based on its PB Ratio (0.6x) compared to the IN Construction industry average (0.4x).
How is Coral India Finance and Housing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Coral India Finance and Housing has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Check out Coral India Finance and Housing's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Coral India Finance and Housing competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Coral India Finance and Housing performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CORALFINAC has high quality earnings.
Growing Profit Margin: CORALFINAC's current net profit margins (63.8%) are higher than last year (53.6%).
Past Earnings Growth Analysis
Earnings Trend: CORALFINAC's earnings have grown by 4.6% per year over the past 5 years.
Accelerating Growth: CORALFINAC's earnings growth over the past year (33.9%) exceeds its 5-year average (4.6% per year).
Earnings vs Industry: CORALFINAC earnings growth over the past year (33.9%) exceeded the Construction industry 3.2%.
Return on Equity
High ROE: CORALFINAC's Return on Equity (9.4%) is considered low.
How is Coral India Finance and Housing's financial position?
Financial Position Analysis
Short Term Liabilities: CORALFINAC's short term assets (₹518.7M) exceed its short term liabilities (₹23.4M).
Long Term Liabilities: CORALFINAC's short term assets (₹518.7M) exceed its long term liabilities (₹51.4M).
Debt to Equity History and Analysis
Debt Level: CORALFINAC is debt free.
Reducing Debt: CORALFINAC has not had any debt for past 5 years.
Debt Coverage: CORALFINAC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CORALFINAC has no debt, therefore coverage of interest payments is not a concern.
What is Coral India Finance and Housing's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CORALFINAC's dividend (1.39%) is higher than the bottom 25% of dividend payers in the Indian market (0.8%).
High Dividend: CORALFINAC's dividend (1.39%) is low compared to the top 25% of dividend payers in the Indian market (3.34%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CORALFINAC has been paying a dividend for less than 10 years.
Growing Dividend: CORALFINAC has only been paying a dividend for 6 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.8%), CORALFINAC's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Navin Doshi (76yo)
Mr. Navinchandra Bachubhai Doshi, also known as Navin, serves as Managing Director of Coral India Finance and Housing Limited since July 31, 2007. Mr. Doshi joined Coral India Finance and Housing Limited o ...
CEO Compensation Analysis
Compensation vs Market: Navin 's total compensation ($USD111.26K) is above average for companies of similar size in the Indian market ($USD50.08K).
Compensation vs Earnings: Navin 's compensation has been consistent with company performance over the past year.
|Chairman & MD||12.92yrs||₹8.40m||41.58% ₹299.5m|
|Chief Financial Officer||3yrs||no data||0.010% ₹72.9k|
|Company Secretary & Compliance Officer||2.92yrs||no data||no data|
Experienced Management: CORALFINAC's management team is considered experienced (3 years average tenure).
|Chairman & MD||12.92yrs||₹8.40m||41.58% ₹299.5m|
|Additional Non-Executive Director||1.08yrs||₹318.00k||0.38% ₹2.7m|
|Non Executive Independent Director||25.42yrs||₹30.00k||0.0020% ₹14.4k|
|Non Executive Independent Director||5.42yrs||₹30.00k||no data|
Experienced Board: CORALFINAC's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Coral India Finance and Housing Limited's company bio, employee growth, exchange listings and data sources
- Name: Coral India Finance and Housing Limited
- Ticker: CORALFINAC
- Exchange: NSEI
- Founded: 1945
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: ₹720.253m
- Shares outstanding: 49.88m
- Website: https://www.coralhousing.in
Number of Employees
- Coral India Finance and Housing Limited
- Dalamal House
- 4th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531556||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Feb 2002|
|CORALFINAC||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Feb 2002|
|531556||BSE (Mumbai Stock Exchange)||INR2||IN||INR||Aug 2017|
|CORALFINAC||NSEI (National Stock Exchange of India)||INR2||IN||INR||Aug 2017|
Coral India Finance and Housing Limited engages in the finance and construction businesses in India. The company operates through two segments, construction and Investment. It develops commercial complexes and residential developments. The company was founded in 1945 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 13:22|
|End of Day Share Price||2020/06/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.