NSEI:CORALFINAC

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Coral India Finance and Housing

Executive Summary

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


Snowflake Analysis

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

Stable Share Price: CORALFINAC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.0%

CORALFINAC

0.8%

IN Construction

-0.4%

IN Market


1 Year Return

94.9%

CORALFINAC

-30.7%

IN Construction

2.3%

IN Market

Return vs Industry: CORALFINAC exceeded the Indian Construction industry which returned -30.7% over the past year.

Return vs Market: CORALFINAC exceeded the Indian Market which returned 2.3% over the past year.


Shareholder returns

CORALFINACIndustryMarket
7 Day-2.0%0.8%-0.4%
30 Day-4.0%1.7%3.3%
90 Day-14.1%1.9%6.7%
1 Year96.8%94.9%-29.4%-30.7%4.0%2.3%
3 Year-77.2%-78.0%-31.9%-34.7%0.6%-4.1%
5 Yearn/a-9.3%-15.0%42.3%31.8%

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?

22.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CORALFINAC (₹19.2) is trading below our estimate of fair value (₹24.8)

Significantly Below Fair Value: CORALFINAC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CORALFINAC is poor value based on its PE Ratio (12.1x) compared to the IN Construction industry average (11.6x).

PE vs Market: CORALFINAC is good value based on its PE Ratio (12.1x) compared to the Indian market (16.4x).


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 (0.9x) compared to the IN Construction industry average (0.5x).


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?

24.8%

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.


Next Steps

Past Performance

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

2.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CORALFINAC has high quality earnings.

Growing Profit Margin: CORALFINAC's current net profit margins (62.7%) are higher than last year (60.6%).


Past Earnings Growth Analysis

Earnings Trend: CORALFINAC's earnings have grown by 2.5% 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 (-19.6%) over the past year, making it difficult to compare to the Construction industry average (-14.8%).


Return on Equity

High ROE: CORALFINAC's Return on Equity (6.7%) is considered low.


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 (₹512.0M) exceed its short term liabilities (₹29.3M).

Long Term Liabilities: CORALFINAC's short term assets (₹512.0M) exceed its long term liabilities (₹50.0M).


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


Next Steps

Dividend

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

1.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CORALFINAC's dividend (1%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: CORALFINAC's dividend (1%) is low compared to the top 25% of dividend payers in the Indian market (2.3%).


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 (12.2%), 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

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Navin Doshi (77 yo)

13.25yrs

Tenure

₹5,400,000

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: Navin 's total compensation ($USD73.31K) is above average for companies of similar size in the Indian market ($USD55.70K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Navinchandra Doshi
Chairman & MD13.25yrs₹5.40m51.46%
₹ 413.8m
Kishor Mehta
CFO & Additional Executive Director0.25yr₹1.06m0.055%
₹ 438.9k
Riya Shah
Company Secretary & Compliance Officer 3.25yrs₹558.00kno data

3.3yrs

Average Tenure

Experienced Management: CORALFINAC's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Navinchandra Doshi
Chairman & MD13.25yrs₹5.40m51.46%
₹ 413.8m
Kishor Mehta
CFO & Additional Executive Director0.25yr₹1.06m0.055%
₹ 438.9k
Meeta Sheth
Additional Non-Executive Director1.42yrs₹700.00k0.47%
₹ 3.8m
Sharad Mehta
Non Executive Independent Director25.75yrs₹30.00k0.0025%
₹ 19.9k
Sheela Kamdar
Non Executive Independent Director5.75yrs₹30.00kno data
Niraj Mehta
Additional Independent Director0.25yrno datano data

1.4yrs

Average Tenure

59.5yo

Average Age

Experienced Board: CORALFINAC's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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: ₹804.029m
  • Shares outstanding: 40.30m
  • 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

Biography

Coral India Finance and Housing Limited engages in the finance and construction businesses in India. The company operates through two segments, Construction and Investments. It develops commercial complexe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 12:47
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.