NSEI:CORALFINAC

Stock Analysis Report

Coral India Finance and Housing

Executive Summary

Coral India Finance and Housing Limited engages in the finance and construction businesses in India.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

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


Market Performance


7 Day Return

-5.1%

CORALFINAC

1.5%

IN Construction

3.9%

IN Market


1 Year Return

-31.0%

CORALFINAC

9.1%

IN Construction

6.0%

IN Market

Return vs Industry: CORALFINAC underperformed the Indian Construction industry which returned 9.1% over the past year.

Return vs Market: CORALFINAC underperformed the Indian Market which returned 6% over the past year.


Shareholder returns

CORALFINACIndustryMarket
7 Day-5.1%1.5%3.9%
30 Day-12.4%7.6%7.8%
90 Day-23.8%-1.3%2.5%
1 Year-29.8%-31.0%10.5%9.1%8.2%6.0%
3 Yearn/a21.8%17.6%23.0%16.7%
5 Yearn/a36.0%28.4%43.5%30.0%

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

Valuation

Is Coral India Finance and Housing undervalued compared to its fair value and its price relative to the market?

6.16x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: CORALFINAC (₹10.25) is trading above our estimate of fair value (₹9.31)

Significantly Undervalued: 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 (6.2x) compared to the Construction industry average (12.9x).

PE vs Market: CORALFINAC is good value based on its PE Ratio (6.2x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

Low 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 good value based on its PB Ratio (0.5x) compared to the IN Construction industry average (0.7x).


Next Steps

Future Growth

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

11.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CORALFINAC's forecast earnings growth (11.7% per year) is above the savings rate (7.6%).

Earnings vs Market: CORALFINAC's earnings (11.7% per year) are forecast to grow slower than the Indian market (18.2% per year).

High Growth Earnings: CORALFINAC's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if CORALFINAC's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if CORALFINAC's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if CORALFINAC's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

9.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CORALFINAC's earnings have grown by 9.1% per year over the past 5 years.

Accelerating Growth: CORALFINAC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CORALFINAC had negative earnings growth (-19.1%) over the past year, making it difficult to compare to the Construction industry average (1.1%).


Return on Equity

High ROE: CORALFINAC's Return on Equity (7.6%) is considered low.


Return on Assets

ROA vs Industry: CORALFINAC has a higher Return on Assets than the Construction industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate CORALFINAC's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Coral India Finance and Housing's financial position?


Financial Position Analysis

Short Term Liabilities: CORALFINAC's short term assets (₹509.7M) exceeds its short term liabilities (₹6.6M)

Long Term Liabilities: CORALFINAC's short term assets (509.7M) exceeds its long term liabilities (50.5M)


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.


Balance Sheet

Inventory Level: CORALFINAC has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CORALFINAC's debt is covered by short term assets.


Next Steps

Dividend

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

1.67%

Current Dividend Yield


Dividend Yield vs Market

company1.7%marketbottom25%0.6%markettop25%2.4%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: CORALFINAC's dividend (1.67%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: CORALFINAC's dividend (1.67%) is low compared to the top 25% of dividend payers in the Indian market (2.42%).

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 5 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.3%), 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.


Next Steps

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?

2.3yrs

Average management tenure


CEO

Navin Doshi (76yo)

12.3yrs

Tenure

₹8,400,000

Compensation

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: Insufficient data to establish whether Navin 's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Navin 's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.3yrs

Average Tenure

Experienced Management: CORALFINAC's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

4.8yrs

Average Tenure

61.5yo

Average Age

Experienced Board: CORALFINAC's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Navin Doshi (76yo)

    Chairman & MD

    • Tenure: 12.3yrs
    • Compensation: ₹8.40m
  • Kishor Mehta (68yo)

    Chief Financial Officer

    • Tenure: 2.3yrs
  • Riya Shah

    Company Secretary & Compliance Officer

    • Tenure: 2.3yrs

Board Members

  • Navin Doshi (76yo)

    Chairman & MD

    • Tenure: 12.3yrs
    • Compensation: ₹8.40m
  • Meeta Sheth (50yo)

    Additional Non-Executive Director

    • Tenure: 0.4yrs
    • Compensation: ₹318.00k
  • Sharad Mehta (73yo)

    Non Executive Independent Director

    • Tenure: 24.8yrs
    • Compensation: ₹30.00k
  • Sheela Kamdar (46yo)

    Non Executive Independent Director

    • Tenure: 4.8yrs
    • Compensation: ₹30.00k

Company Information

Coral India Finance and Housing Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Coral India Finance and Housing Limited
  • Ticker: CORALFINAC
  • Exchange: NSEI
  • Founded: 1945
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹598.049m
  • Shares outstanding: 49.88m
  • Website: https://www.coralhousing.in

Number of Employees


Location

  • Coral India Finance and Housing Limited
  • Dalamal House
  • 4th Floor
  • Mumbai
  • Maharashtra
  • 400021
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531556BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2002
CORALFINACNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2002
531556BSE (Mumbai Stock Exchange)INR2ININRAug 2017
CORALFINACNSEI (National Stock Exchange of India)INR2ININRAug 2017

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 12:44
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.