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Coral India Finance and Housing

NSEI:CORALFINAC
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CORALFINAC
NSEI
₹778M
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

Coral India Finance and Housing Limited engages in the finance and construction businesses in India. The last earnings update was 98 days ago. More info.


Add to Portfolio Compare Print
  • Coral India Finance and Housing has significant price volatility in the past 3 months.
CORALFINAC Share Price and Events
7 Day Returns
-0.3%
NSEI:CORALFINAC
8.6%
IN Construction
4.9%
IN Market
1 Year Returns
-43.9%
NSEI:CORALFINAC
-5.5%
IN Construction
0.8%
IN Market
CORALFINAC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Coral India Finance and Housing (CORALFINAC) -0.3% -6.5% 9.2% -43.9% - -
IN Construction 8.6% 1.6% 14.9% -5.5% 47.6% 32.7%
IN Market 4.9% -1.6% 9.4% 0.8% 39.5% 45.6%
1 Year Return vs Industry and Market
  • CORALFINAC underperformed the Construction industry which returned -5.5% over the past year.
  • CORALFINAC underperformed the Market in India which returned 0.8% over the past year.
Price Volatility
CORALFINAC
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Coral India Finance and Housing undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Coral India Finance and Housing to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Coral India Finance and Housing.

NSEI:CORALFINAC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 16.1%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:CORALFINAC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Construction Unlevered Beta Simply Wall St/ S&P Global 0.98
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.983 (1 + (1- 35%) (0%))
0.989
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.989 * 8.6%)
16.05%

Discounted Cash Flow Calculation for NSEI:CORALFINAC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Coral India Finance and Housing is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:CORALFINAC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 16.05%)
2019 2.18 Est @ 10.07% 1.87
2020 2.38 Est @ 9.31% 1.77
2021 2.59 Est @ 8.78% 1.66
2022 2.80 Est @ 8.41% 1.55
2023 3.03 Est @ 8.16% 1.44
2024 3.28 Est @ 7.97% 1.34
2025 3.53 Est @ 7.85% 1.25
2026 3.81 Est @ 7.76% 1.16
2027 4.10 Est @ 7.7% 1.07
2028 4.41 Est @ 7.65% 1.00
Present value of next 10 years cash flows ₹14.10
NSEI:CORALFINAC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹4.41 × (1 + 7.55%) ÷ (16.05% – 7.55%)
₹55.81
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹55.81 ÷ (1 + 16.05%)10
₹12.59
NSEI:CORALFINAC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹14.10 + ₹12.59
₹26.69
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹26.69 / 49.88
₹0.54
NSEI:CORALFINAC Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹0.55
Current discount Discount to share price of ₹15.95
= -1 x (₹15.95 - ₹0.55) / ₹0.55
-2815.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Coral India Finance and Housing is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Coral India Finance and Housing's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Coral India Finance and Housing's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:CORALFINAC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹1.69
BSE:531556 Share Price ** BSE (2019-05-21) in INR ₹15.6
India Construction Industry PE Ratio Median Figure of 90 Publicly-Listed Construction Companies 14.56x
India Market PE Ratio Median Figure of 2,757 Publicly-Listed Companies 15.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Coral India Finance and Housing.

NSEI:CORALFINAC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:531556 Share Price ÷ EPS (both in INR)

= 15.6 ÷ 1.69

9.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Coral India Finance and Housing is good value based on earnings compared to the IN Construction industry average.
  • Coral India Finance and Housing is good value based on earnings compared to the India market.
Price based on expected Growth
Does Coral India Finance and Housing's expected growth come at a high price?
Raw Data
NSEI:CORALFINAC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
13.9%per year
India Construction Industry PEG Ratio Median Figure of 27 Publicly-Listed Construction Companies 0.9x
India Market PEG Ratio Median Figure of 561 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Coral India Finance and Housing, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Coral India Finance and Housing's assets?
Raw Data
NSEI:CORALFINAC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹24.83
BSE:531556 Share Price * BSE (2019-05-21) in INR ₹15.6
India Construction Industry PB Ratio Median Figure of 121 Publicly-Listed Construction Companies 0.97x
India Market PB Ratio Median Figure of 3,638 Publicly-Listed Companies 1.05x
NSEI:CORALFINAC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:531556 Share Price ÷ Book Value per Share (both in INR)

= 15.6 ÷ 24.83

0.63x

* Primary Listing of Coral India Finance and Housing.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Coral India Finance and Housing is good value based on assets compared to the IN Construction industry average.
X
Value checks
We assess Coral India Finance and Housing's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. Coral India Finance and Housing has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Coral India Finance and Housing expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Coral India Finance and Housing, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Coral India Finance and Housing expected to grow at an attractive rate?
  • Coral India Finance and Housing's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Coral India Finance and Housing's earnings growth is positive but not above the India market average.
  • Unable to compare Coral India Finance and Housing's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:CORALFINAC Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:CORALFINAC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 13.9%
India Construction Industry Earnings Growth Rate Market Cap Weighted Average 14.5%
India Construction Industry Revenue Growth Rate Market Cap Weighted Average 11.1%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 10.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:CORALFINAC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:CORALFINAC Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 158 85
2018-09-30 190 109
2018-06-30 206 120
2018-03-31 230 -6 135
2017-12-31 209 122
2017-09-30 187 110
2017-06-30 161 95
2017-03-31 136 28 81
2016-12-31 140 85
2016-09-30 129 73
2016-06-30 131 70
2016-03-31 118 3 63

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Coral India Finance and Housing's earnings are expected to grow by 13.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Coral India Finance and Housing is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:CORALFINAC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Coral India Finance and Housing Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:CORALFINAC Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 1.69
2018-09-30 2.17
2018-06-30 2.41
2018-03-31 2.70
2017-12-31 2.45
2017-09-30 2.20
2017-06-30 1.89
2017-03-31 1.63
2016-12-31 1.70
2016-09-30 1.47
2016-06-30 1.41
2016-03-31 1.27

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Coral India Finance and Housing will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Coral India Finance and Housing's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Coral India Finance and Housing has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Coral India Finance and Housing performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Coral India Finance and Housing's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Coral India Finance and Housing's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Coral India Finance and Housing's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Coral India Finance and Housing's 1-year earnings growth is negative, it can't be compared to the IN Construction industry average.
Earnings and Revenue History
Coral India Finance and Housing's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Coral India Finance and Housing Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:CORALFINAC Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 158.00 84.67 12.85
2018-09-30 190.50 108.71 13.04
2018-06-30 205.97 120.07 13.10
2018-03-31 229.78 134.87 12.64
2017-12-31 209.42 122.33 11.66
2017-09-30 187.02 109.53 10.77
2017-06-30 161.21 94.53 8.99
2017-03-31 135.53 81.14 9.49
2016-12-31 139.88 84.84 9.74
2016-09-30 129.05 73.12 9.67
2016-06-30 130.91 70.39 8.55
2016-03-31 117.55 63.44 9.74
2015-12-31 146.05 75.85 12.49
2015-09-30 181.90 97.08 12.09
2015-06-30 201.08 108.58 9.30
2015-03-31 193.64 103.21 8.66
2014-12-31 151.61 81.97 8.96
2014-09-30 96.15 47.12 8.51
2014-06-30 89.18 41.19 8.13
2014-03-31 136.72 66.83 7.71
2013-12-31 193.40 87.13 7.83
2013-09-30 241.07 112.83 7.80
2013-06-30 269.46 128.37 6.71
2013-03-31 323.76 152.47 8.04
2012-12-31 392.77 141.56 6.73
2012-09-30 477.15 145.92 6.17
2012-06-30 486.28 135.18 2.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Coral India Finance and Housing has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Coral India Finance and Housing used its assets less efficiently than the IN Construction industry average last year based on Return on Assets.
  • Unable to establish if Coral India Finance and Housing improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Coral India Finance and Housing's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Coral India Finance and Housing has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Coral India Finance and Housing's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Coral India Finance and Housing's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Coral India Finance and Housing is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Coral India Finance and Housing's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Coral India Finance and Housing's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Coral India Finance and Housing has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Coral India Finance and Housing Company Filings, last reported 4 months ago.

NSEI:CORALFINAC Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,250.69 0.00 223.47
2018-09-30 1,250.69 0.00 223.47
2018-06-30 1,440.10 0.00 51.35
2018-03-31 1,440.10 0.00 51.35
2017-12-31 1,581.16 0.00 38.05
2017-09-30 1,581.16 0.00 38.05
2017-06-30
2017-03-31 1,449.34 0.00 39.67
2016-12-31 816.05 0.00 25.46
2016-09-30 816.05 0.00 25.46
2016-06-30 775.75 0.00 48.09
2016-03-31 775.75 0.00 48.09
2015-12-31 754.94 0.00 4.35
2015-09-30 754.94 0.00 4.35
2015-06-30 724.32 0.00 97.45
2015-03-31 724.32 0.00 97.45
2014-12-31 669.77 0.00 9.73
2014-09-30 669.77 0.00 9.73
2014-06-30 633.01 0.00 147.17
2014-03-31 633.01 0.00 62.05
2013-12-31
2013-09-30
2013-06-30
2013-03-31 577.85 0.00 157.00
2012-12-31
2012-09-30
2012-06-30
  • Coral India Finance and Housing has no debt.
  • Coral India Finance and Housing has not taken on any debt in the past 5 years.
  • Coral India Finance and Housing has no debt, it does not need to be covered by operating cash flow.
  • Coral India Finance and Housing has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Coral India Finance and Housing's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Coral India Finance and Housing has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Coral India Finance and Housing's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.28%
Current annual income from Coral India Finance and Housing dividends.
If you bought ₹2,000 of Coral India Finance and Housing shares you are expected to receive ₹26 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Coral India Finance and Housing's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.53%).
  • Coral India Finance and Housing's dividend is below the markets top 25% of dividend payers in India (2.02%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:CORALFINAC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Construction Industry Average Dividend Yield Market Cap Weighted Average of 50 Stocks 1.2%
India Market Average Dividend Yield Market Cap Weighted Average of 1401 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:CORALFINAC Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-07-30 0.200 1.194
2017-09-14 0.200 0.527
2016-09-28 0.200 0.541
2016-05-30 0.200 1.439
2015-09-14 0.200 1.589
2014-10-01 0.200 1.883

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Coral India Finance and Housing has been paying a dividend for less than 10 years.
  • Coral India Finance and Housing has only been paying a dividend for 5 years, and since then there has been no growth.
Current Payout to shareholders
What portion of Coral India Finance and Housing's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (8.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Coral India Finance and Housing's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Coral India Finance and Housing afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Coral India Finance and Housing has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Coral India Finance and Housing's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Navin Doshi
COMPENSATION ₹7,400,000
AGE 75
CEO Bio

Mr. Navinchandra Bachubhai Doshi, also known as Navin, serves as Managing Director of Coral India Finance and Housing Limited. Mr. Doshi is a Founder Member of Coral and having marketing experience in the field of Pharma since last three decades. Mr. Doshi serves as the Chairman of Coral India Finance and Housing Ltd. He has been an Executive Director of Coral India Finance and Housing Limited since May 31, 2002. He has been a Director of Coral Laboratories Limited since June 1, 2006. He served as Chairman of Coral Laboratories Limited until May 26, 2017. He studied Matriculation.

CEO Compensation
  • Navin 's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Navin 's remuneration is higher than average for companies of similar size in India.
Management Team

Navin Doshi

TITLE
Chairman & MD
COMPENSATION
₹7M
AGE
75

Kishor Mehta

TITLE
CFO & Additional Director
COMPENSATION
₹613K
AGE
67
TENURE
1.9 yrs

Riya Shah

TITLE
Company Secretary & Compliance Officer
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Coral India Finance and Housing board of directors in years:

4.3
Average Tenure
69.5
Average Age
  • The tenure for the Coral India Finance and Housing board of directors is about average.
Board of Directors

Navin Doshi

TITLE
Chairman & MD
COMPENSATION
₹7M
AGE
75

Kishor Mehta

TITLE
CFO & Additional Director
COMPENSATION
₹613K
AGE
67
TENURE
1.9 yrs

Sheela Kamdar

TITLE
Non Executive Independent Director
COMPENSATION
₹27K
AGE
45
TENURE
4.3 yrs

Sharad Mehta

TITLE
Non Executive Independent Director
COMPENSATION
₹27K
AGE
72
TENURE
24.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Coral India Finance and Housing's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Coral India Finance and Housing has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Here's What Coral India Finance and Housing Limited's (NSE:CORALFINAC) P/E Ratio Is Telling Us

To keep it practical, we'll show how Coral India Finance and Housing Limited's (NSE:CORALFINAC) P/E ratio could help you assess the value on offer. … Coral India Finance and Housing has a P/E ratio of 10.01, based on the last twelve months. … Check out our latest analysis for Coral India Finance and Housing?

Simply Wall St -

Could Coral India Finance and Housing Limited's (NSE:CORALFINAC) Investor Composition Influence The Stock Price?

Every investor in Coral India Finance and Housing Limited (NSE:CORALFINAC) should be aware of the most powerful shareholder groups. … With a market capitalization of ₹776m, Coral India Finance and Housing is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Coral India Finance and Housing

Simply Wall St -

Does Coral India Finance and Housing Limited (NSE:CORALFINAC) Have A Good P/E Ratio?

We'll look at Coral India Finance and Housing Limited's (NSE:CORALFINAC) P/E ratio and reflect on what it tells us about the company's share price. … Coral India Finance and Housing has a price to earnings ratio of 7.13, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Coral India Finance and Housing Limited (NSE:CORALFINAC): Has Recent Earnings Growth Beaten Long-Term Trend?

In this article, I will take a look at Coral India Finance and Housing Limited's (NSE:CORALFINAC) most recent earnings update (30 June 2018) and compare these latest figures against its performance over the past few years, along with how the rest of CORALFINAC's industry performed. … Check out our latest analysis for Coral India Finance and Housing? … CORALFINAC's trailing twelve-month earnings (from 30 June 2018) of ₹120m has.

Simply Wall St -

Is Coral India Finance and Housing Limited (NSE:CORALFINAC) A Top Dividend Stock?

Coral India Finance and Housing Limited (NSE:CORALFINAC) has paid a dividend to shareholders in the last few years. … Does Coral India Finance and Housing tick all the boxes of a great dividend stock? … See our latest analysis for Coral India Finance and Housing

Simply Wall St -

What Should Investors Know About Coral India Finance and Housing Limited's (NSE:CORALFINAC) Return On Capital?

Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … To understand Coral India Finance and Housing’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

Does Coral India Finance and Housing Limited's (NSE:CORALFINAC) 66.23% Earnings Growth Reflect The Long-Term Trend?

When Coral India Finance and Housing Limited's (NSE:CORALFINAC) announced its latest earnings (31 March 2018), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were Coral India Finance and Housing's average earnings over the past couple of years, and its industry performance. … Check out our latest analysis for Coral India Finance and Housing?

Simply Wall St -

Company Info

Description

Coral India Finance and Housing Limited engages in the finance and construction businesses in India. The company operates through two segments, Investment; and Business of Construction, Development & Maintenance of Properties. It develops commercial complexes and residential developments. The company was founded in 1945 and is based in Mumbai, India.

Details
Name: Coral India Finance and Housing Limited
CORALFINAC
Exchange: NSEI
Founded: 1945
₹778,112,400
49,879,000
Website: http://www.coralhousing.in
Address: Coral India Finance and Housing Limited
Dalamal House,
4th Floor,
Mumbai,
Maharashtra, 400021,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 531556 Equity Shares Mumbai Stock Exchange IN INR 20. Feb 2002
NSEI CORALFINAC Equity Shares National Stock Exchange of India IN INR 20. Feb 2002
BSE 531556 INR2 Mumbai Stock Exchange IN INR 03. Aug 2017
NSEI CORALFINAC INR2 National Stock Exchange of India IN INR 03. Aug 2017
Number of employees
Current staff
Staff numbers
5
Coral India Finance and Housing employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 12:59
End of day share price update: 2019/05/21 00:00
Last earnings filing: 2019/02/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.