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Last Updated on: 22 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Coral India Finance & Housing Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 21, 2024, 10:18 pm

Market Cap 199 Cr.
Current Price 49.0
High / Low77.8/36.9
Stock P/E8.70
Book Value 58.0
Dividend Yield0.82 %
ROCE14.2 %
ROE12.5 %
Face Value 2.00
PEG Ratio0.29

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Coral India Finance & Housing Ltd

Competitors of Coral India Finance & Housing Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Ind Bank Housing Ltd 43.1 Cr. 43.187.9/31.6 1210.00 %7.86 %% 10.0
Home First Finance Company India Ltd 9,547 Cr. 1,0701,383/77727.9 2570.32 %11.2 %15.5 % 2.00
Aptus Value Housing Finance India Ltd 15,882 Cr. 317402/28123.5 80.31.42 %14.7 %17.2 % 2.00
Repco Home Finance Ltd 2,764 Cr. 441595/3666.50 4940.68 %10.5 %14.6 % 10.0
PNB Housing Finance Ltd 22,536 Cr. 8661,202/60013.2 5750.00 %9.27 %11.8 % 10.0
Industry Average10,505.90 Cr417.4512.61287.990.77%11.06%13.49%5.64

All Competitor Stocks of Coral India Finance & Housing Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales4.385.965.586.357.358.224.323.7810.8310.628.828.253.50
Expenses0.741.851.171.091.311.671.210.752.883.402.701.710.80
Operating Profit3.644.114.415.266.046.553.113.037.957.226.126.542.70
OPM %83.11%68.96%79.03%82.83%82.18%79.68%71.99%80.16%73.41%67.98%69.39%79.27%77.14%
Other Income0.530.490.410.59-1.02-0.15-0.430.750.400.371.32-0.760.95
Interest0.000.000.000.000.000.020.000.000.000.000.000.000.00
Depreciation0.030.020.030.030.030.020.020.020.020.020.020.020.02
Profit before tax4.144.584.795.824.996.362.663.768.337.577.425.763.63
Tax %18.84%17.25%16.70%22.34%13.03%29.09%16.92%18.62%17.41%18.49%16.44%20.83%13.77%
Net Profit3.363.784.004.524.354.502.213.066.876.186.204.553.13
EPS in Rs0.830.940.991.121.081.120.550.761.701.531.541.130.78

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales42321419121423151319273139
Expenses2913564364345811
Operating Profit131991381017101015222228
OPM %30%59%63%68%69%76%75%71%74%78%81%73%72%
Other Income0000000001001
Interest0000000000000
Depreciation0000000000000
Profit before tax131981381017101016222229
Tax %21%20%20%21%19%19%21%19%17%17%21%18%
Net Profit101571068138813171824
EPS in Rs2.013.061.342.071.271.632.701.651.613.224.314.555.90
Dividend Payout %0%0%16%10%16%2%7%12%12%16%7%7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)50.00%-53.33%42.86%-40.00%33.33%62.50%-38.46%0.00%62.50%30.77%5.88%
Change in YoY Net Profit Growth (%)0.00%-103.33%96.19%-82.86%73.33%29.17%-100.96%38.46%62.50%-31.73%-24.89%

Coral India Finance & Housing Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:8%
5 Years:16%
3 Years:16%
TTM:-35%
Compounded Profit Growth
10 Years:12%
5 Years:20%
3 Years:17%
TTM:-4%
Stock Price CAGR
10 Years:17%
5 Years:34%
3 Years:7%
1 Year:-8%
Return on Equity
10 Years:10%
5 Years:11%
3 Years:13%
Last Year:12%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:30 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital101010101010101088888
Reserves47536267135134118107119134142175225
Borrowings0000000000000
Other Liabilities8711126568811151012
Total Liabilities65708390151149133125135153164193246
Fixed Assets3332131212121818181818
CWIP0246745553333
Investments1421253193895948797886120173
Other Assets48445150394457603354585252
Total Assets65708390151149133125135153164193246

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +16-47-13-15842225
Cash from Investing Activity +-1-6-3-4-22-5-6151-9-3
Cash from Financing Activity +0-0-00-1-0-1-1-21-2-1-1
Net Cash Flow15-94-5-11-11-21120

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow13.0019.009.0013.008.0010.0017.0010.0010.0015.0022.0022.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days121321720122654351456
Inventory Days6902,5001,1616,0452,6406,2896,1902,4892,510749827
Days Payable184938205140104118178584
Cash Conversion Cycle6852,4641,1255,857202,5126,2116,1262,3462,519746829
Working Capital Days172344110133259200330306216225129116
ROCE %38%14%19%10%9%12%8%8%13%16%15%14%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs0.37%0.42%0.42%0.42%0.42%0.42%0.42%0.42%0.42%0.60%0.59%0.69%
Public24.63%24.58%24.58%24.58%24.59%24.58%24.58%24.57%24.57%24.41%24.42%24.31%
No. of Shareholders9,21111,88211,60112,62512,24412,18112,35813,50015,40215,64615,49117,129

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)5.154.554.313.221.61
Diluted EPS (Rs.)5.154.554.313.221.61
Cash EPS (Rs.)5.174.574.333.251.63
Book Value[Excl.RevalReserv]/Share (Rs.)45.5437.1135.2431.5423.47
Book Value[Incl.RevalReserv]/Share (Rs.)45.5437.1135.2431.5423.47
Dividend / Share (Rs.)0.400.300.300.500.20
Revenue From Operations / Share (Rs.)6.877.336.825.032.41
PBDIT / Share (Rs.)5.875.565.483.921.97
PBIT / Share (Rs.)5.855.545.463.901.95
PBT / Share (Rs.)5.855.545.453.901.94
Net Profit / Share (Rs.)5.154.554.313.221.61
PBDIT Margin (%)85.4975.8380.3278.0781.67
PBIT Margin (%)85.1875.5379.9677.5480.62
PBT Margin (%)85.1775.5279.8977.5080.48
Net Profit Margin (%)75.0261.9963.1764.0266.57
Return on Networth / Equity (%)11.3112.2412.2310.206.84
Return on Capital Employeed (%)12.4214.0114.8211.967.94
Return On Assets (%)10.7511.1611.389.606.41
Asset Turnover Ratio (%)0.150.180.190.150.09
Current Ratio (X)37.8120.2119.394.296.40
Quick Ratio (X)35.7018.1915.941.462.30
Inventory Turnover Ratio (X)0.000.000.190.000.00
Dividend Payout Ratio (NP) (%)0.006.5911.606.2112.45
Dividend Payout Ratio (CP) (%)0.006.5611.536.1612.25
Earning Retention Ratio (%)0.0093.4188.4093.7987.55
Cash Earning Retention Ratio (%)0.0093.4488.4793.8487.75
Interest Coverage Ratio (X)9466.1211204.551082.762028.00571.89
Interest Coverage Ratio (Post Tax) (X)8307.969161.05852.521664.05467.17
Enterprise Value (Cr.)134.3892.00147.1784.3059.14
EV / Net Operating Revenue (X)4.853.115.354.164.91
EV / EBITDA (X)5.684.116.665.336.02
MarketCap / Net Operating Revenue (X)5.453.655.504.325.31
Retention Ratios (%)0.0093.4088.3993.7887.54
Price / BV (X)0.820.721.060.680.54
Price / Net Operating Revenue (X)5.453.655.504.325.31
EarningsYield0.130.160.110.140.12

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Coral India Finance & Housing Ltd as of November 22, 2024 is: 63.59

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 22, 2024, Coral India Finance & Housing Ltd is Undervalued by 29.78% compared to the current share price 49.00

Intrinsic Value of Coral India Finance & Housing Ltd as of November 22, 2024 is: 82.45

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 22, 2024, Coral India Finance & Housing Ltd is Undervalued by 68.27% compared to the current share price 49.00

Last 5 Year EPS CAGR: 29.66%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (116.77 cr) compared to borrowings (0.00 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (23.08 cr) and profit (15.15 cr) over the years.
  1. The stock has a low average ROCE of 14.67%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 211.67, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 192.17, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Coral India Finance & Housing Ltd:
    1. Net Profit Margin: 75.02%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 12.42% (Industry Average ROCE: 11.06%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 11.31% (Industry Average ROE: 13.49%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 8307.96
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 35.7
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 8.7 (Industry average Stock P/E: 12.61)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Coral India Finance and Housing Ltd. is a Public Limited Listed company incorporated on 04/01/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L67190MH1995PLC084306 and registration number is 084306. Currently Company is involved in the business activities of Other financial activities. Company’s Total Operating Revenue is Rs. 27.50 Cr. and Equity Capital is Rs. 8.06 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance - HousingDalamal House, 4th Floor, Mumbai Maharashtra 400021cs@coralhousing.in
http://www.coralhousing.in
Management
NamePosition Held
Mr. Navin B DoshiChairman & Managing Director
Mrs. Meeta Samir ShethNon Executive Director
Dr. Sharad R MehtaIndependent Director
Mrs. Sheela R KamdarIndependent Director
Mr. Kishor R MehtaWhole Time Director
Mr. Niraj A MehtaIndependent Director

FAQ

What is the latest intrinsic value of Coral India Finance & Housing Ltd?

The latest intrinsic value of Coral India Finance & Housing Ltd as on 21 November 2024 is ₹63.59, which is 29.78% higher than the current market price of ₹49.00.

What is the Market Cap of Coral India Finance & Housing Ltd?

The Market Cap of Coral India Finance & Housing Ltd is 199 Cr..

What is the current Stock Price of Coral India Finance & Housing Ltd as on 21 November 2024?

The current stock price of Coral India Finance & Housing Ltd as on 21 November 2024 is ₹49.0.

What is the High / Low of Coral India Finance & Housing Ltd stocks in FY 2024?

In FY 2024, the High / Low of Coral India Finance & Housing Ltd stocks is 77.8/36.9.

What is the Stock P/E of Coral India Finance & Housing Ltd?

The Stock P/E of Coral India Finance & Housing Ltd is 8.70.

What is the Book Value of Coral India Finance & Housing Ltd?

The Book Value of Coral India Finance & Housing Ltd is 58.0.

What is the Dividend Yield of Coral India Finance & Housing Ltd?

The Dividend Yield of Coral India Finance & Housing Ltd is 0.82 %.

What is the ROCE of Coral India Finance & Housing Ltd?

The ROCE of Coral India Finance & Housing Ltd is 14.2 %.

What is the ROE of Coral India Finance & Housing Ltd?

The ROE of Coral India Finance & Housing Ltd is 12.5 %.

What is the Face Value of Coral India Finance & Housing Ltd?

The Face Value of Coral India Finance & Housing Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Coral India Finance & Housing Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE