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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Coral India Finance & Housing Ltd

About the Company - Coral India Finance & Housing Ltd

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

Basic Stock Data of Coral India Finance & Housing Ltd

Last Updated: May 15, 2024, 7:44 am

Market Cap 164 Cr.
Current Price 40.8
High / Low74.5/30.8
Stock P/E8.20
Book Value 41.3
Dividend Yield0.74 %
ROCE15.3 %
ROE12.6 %
Face Value 2.00
PEG Ratio0.28

Competitors of Coral India Finance & Housing Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
LIC Housing Finance Ltd 35,705 Cr. 649683/3637.50 5721.31 %%16.2 % 2.00
GIC Housing Finance Ltd 1,197 Cr. 222292/1657.92 3402.02 %8.59 %8.57 % 10.0
Aptus Value Housing Finance India Ltd 15,271 Cr. 306392/24025.0 75.51.45 %14.7 %17.2 % 2.00
Indiabulls Housing Finance Ltd 9,928 Cr. 167209/97.28.58 2490.75 %9.79 %6.62 % 2.00
Can Fin Homes Ltd 9,787 Cr. 736910/64013.0 3260.47 %9.25 %18.8 % 2.00
Industry Average14,377.60 Cr416.0012.40312.501.20%8.47%13.48%3.60

Coral India Finance & Housing Ltd Quarterly Results

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: May 5, 2024, 6:40 am

Coral India Finance & Housing Ltd Quarterly Chart

Coral India Finance & Housing Ltd Profit & Loss

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%

Coral India Finance & Housing Ltd Profit & Loss Yearly Chart

Coral India Finance & Housing Ltd Growth

Compounded Sales Growth
10 Years:-1%
5 Years:6%
3 Years:32%
TTM:15%
Compounded Profit Growth
10 Years:2%
5 Years:6%
3 Years:32%
TTM:21%
Stock Price CAGR
10 Years:24%
5 Years:24%
3 Years:12%
1 Year:43%
Return on Equity
10 Years:10%
5 Years:10%
3 Years:12%
Last Year:13%

Last Updated: May 15, 2024, 7:44 am

Coral India Finance & Housing Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital1010101010101010108888
Reserves3247536267135134118107119134142158
Borrowings0000000000000
Other Liabilities1387111265688111513
Total Liabilities5665708390151149133125135153164180
Fixed Assets333321312121218181818
CWIP0024674555333
Investments121421253193895948797886106
Other Assets41484451503944576033545853
Total Assets5665708390151149133125135153164180

Coral India Finance & Housing Ltd Reserves and Borrowings Chart

Coral India Finance & Housing Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -016-47-13-1584222
Cash from Investing Activity 0-1-6-3-4-22-5-6151-9
Cash from Financing Activity -00-0-00-1-0-1-1-21-2-1
Net Cash Flow-015-94-5-11-11-2112

Coral India Finance & Housing Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days3912132172012265435145
Inventory Days3936902,5001,1616,0452,6406,2896,1902,4892,510749
Days Payable7818493820514010411817858
Cash Conversion Cycle3546852,4641,1255,857202,5126,2116,1262,3462,519746
Working Capital Days197172344110133259200330306216225129
ROCE %34%38%14%19%10%9%12%8%8%13%16%15%

Coral India Finance & Housing Ltd Financial Efficiency Indicators Chart

Coral India Finance & Housing Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters79.63%79.63%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs0.46%0.46%0.37%0.37%0.37%0.42%0.42%0.42%0.42%0.42%0.42%0.42%
Public19.91%19.91%24.63%24.63%24.63%24.58%24.58%24.58%24.59%24.58%24.58%24.57%
No. of Shareholders5,5875,4516,8477,2469,21111,88211,60112,62512,24412,18112,35813,500

Coral India Finance & Housing Ltd Shareholding Pattern Chart

No. of Coral India Finance & Housing Ltd Shareholders

This stock is not held by any mutual fund

Coral India Finance & Housing Ltd ROCE Trend

Coral India Finance & Housing Ltd EPS Trend

Coral India Finance & Housing Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)4.554.313.221.611.65
Diluted EPS (Rs.)4.554.313.221.611.65
Cash EPS (Rs.)4.574.333.251.631.68
Book Value[Excl.RevalReserv]/Share (Rs.)37.1135.2431.5423.4725.56
Book Value[Incl.RevalReserv]/Share (Rs.)37.1135.2431.5423.4725.56
Dividend / Share (Rs.)0.300.300.500.200.20
Revenue From Operations / Share (Rs.)7.336.825.032.412.85
PBDIT / Share (Rs.)5.565.483.921.972.08
PBIT / Share (Rs.)5.545.463.901.952.05
PBT / Share (Rs.)5.545.453.901.942.05
Net Profit / Share (Rs.)4.554.313.221.611.65
PBDIT Margin (%)75.8380.3278.0781.6773.03
PBIT Margin (%)75.5379.9677.5480.6271.98
PBT Margin (%)75.5279.8977.5080.4871.84
Net Profit Margin (%)61.9963.1764.0266.5757.82
Return on Networth / Equity (%)12.2412.2310.206.846.44
Return on Capital Employeed (%)14.0114.8211.967.947.71
Return On Assets (%)11.1611.389.606.416.16
Asset Turnover Ratio (%)0.180.190.150.090.10
Current Ratio (X)20.2119.394.296.4026.90
Quick Ratio (X)18.1915.941.462.307.45
Inventory Turnover Ratio (X)0.000.190.000.000.00
Dividend Payout Ratio (NP) (%)6.5911.606.2112.4512.13
Dividend Payout Ratio (CP) (%)6.5611.536.1612.2511.92
Earning Retention Ratio (%)93.4188.4093.7987.5587.87
Cash Earning Retention Ratio (%)93.4488.4793.8487.7588.08
Interest Coverage Ratio (X)11204.551082.762028.00571.89534.95
Interest Coverage Ratio (Post Tax) (X)9161.05852.521664.05467.17424.55
Enterprise Value (Cr.)92.00147.1784.3059.1480.72
EV / Net Operating Revenue (X)3.115.354.164.915.68
EV / EBITDA (X)4.116.665.336.027.78
MarketCap / Net Operating Revenue (X)3.655.504.325.315.95
Retention Ratios (%)93.4088.3993.7887.5487.86
Price / BV (X)0.721.060.680.540.66
Price / Net Operating Revenue (X)3.655.504.325.315.95
EarningsYield0.160.110.140.120.09

Coral India Finance & Housing Ltd Profitability Ratios (%)

Coral India Finance & Housing Ltd Liquidity Ratios

Coral India Finance & Housing Ltd Liquidity Ratios (%)

Coral India Finance & Housing Ltd Interest Coverage Ratios (%)

Coral India Finance & Housing Ltd Valuation Ratios

Fair Value

Fair Value: ₹42.99

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.

Undervalued: 5.36% compared to the current price ₹40.8

Intrinsic Value: ₹55.74

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 36.61% compared to the current price ₹40.8

Last 5 Year EPS CAGR: 29.66%

*Investments are subject to market risks

Strength and Weakness of Coral India Finance & Housing Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 16.33%, which is a positive sign.
  2. The company has higher reserves (100.62 cr) compared to borrowings (0.00 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (23.08 cr) and profit (15.15 cr) over the years.
  1. The stock has a high average Working Capital Days of 218.42, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 152.58, which may not be favorable.

FAQ

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

The latest fair value of Coral India Finance & Housing Ltd is ₹42.99.

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

The Market Cap of Coral India Finance & Housing Ltd is 164 Cr..

What is the current Stock Price of Coral India Finance & Housing Ltd as on 18 May 2024?

The current stock price of Coral India Finance & Housing Ltd as on 18 May 2024 is 40.8.

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 ₹74.5/30.8.

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

The Stock P/E of Coral India Finance & Housing Ltd is 8.20.

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

The Book Value of Coral India Finance & Housing Ltd is 41.3.

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

The Dividend Yield of Coral India Finance & Housing Ltd is 0.74 %.

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

The ROCE of Coral India Finance & Housing Ltd is 15.3 %.

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

The ROE of Coral India Finance & Housing Ltd is 12.6 %.

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