Coral India Finance & Housing Limited (CORALFINAC)
₹31.34 +0.90% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Coral India's revenue was ₹3.7 Cr (-18.8% year on year, +22.0% on the previous quarter), and net profit ₹4.4 Cr (-8.3% year on year); the operating margin was 76.4%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹3.7 | -18.8% | +22.0% |
| Operating profit | ₹2.8 | -25.3% | +29.2% |
| Net profit | ₹4.4 | -8.3% | +64.1% |
| EPS (₹) | 1.10 | -7.6% | +64.2% |
| Operating margin | 76.4% | — | — |
CORALFINAC delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 97.1% of the CORALFINAC shares traded on NSE were taken to delivery, against the stock's own 20-session average of 67.56%. That is higher than usual for this stock. Turnover was only ₹3 lakh, so a handful of trades can move this figure. Volume was 0.4 times its average, well below normal.
Delivery in the last 5 sessions: 83.0% · 82.3% · 60.6% · 80.0% · 97.1%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Coral India Finance & Housing Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate, issued by Registrar and Share Transfer Agent MUFG Intime India Private Limited, confirms that securities received for dematerialisation were processed and confirmed within prescribed timelines. The mutilated and cancelled certificates were properly substituted with depositories on the member register. This is an ordinary administrative filing with no financial impact.
- Compliance certificate submitted under Regulation 74(5) of SEBI regulations.
- Pertains to the quarter ended September 30, 2026.
- Issued by RTA MUFG Intime India Private Limited on October 3, 2026.
- Filed with BSE and NSE on October 15, 2026.
Coral India Finance & Housing Limited has announced the closure of its trading window starting Thursday, October 01, 2026, pursuant to SEBI (Prohibition of Insider Trading) Regulations. The closure will remain in effect until 48 hours after the declaration of the Unaudited Standalone Financial Results for the quarter and half-year ended September 30, 2026. The specific date for the board meeting to approve these financial results will be intimated in due course.
- Trading window closure begins on Thursday, October 01, 2026
- Window remains closed until 48 hours after declaration of financial results
- Results pertain to the quarter and half year ended September 30, 2026
- Board meeting date to approve results will be announced separately
Coral India Finance and Housing Limited concluded its 32nd Annual General Meeting on September 11, 2026. Shareholders approved all three ordinary resolutions, including the adoption of FY26 audited financial statements and re-appointment of Director Mrs. Meeta Sheth. Additionally, a dividend of 10% on face value of ₹2 per share (₹0.20 per equity share) was approved with 99.99% votes in favor. Total votes polled reached 3,03,51,220 across 58 attending members.
- Dividend declared at 10% of ₹2 face value, equivalent to ₹0.20 per equity share
- All resolutions passed with 99.99% majority of votes cast
- Total of 3,03,51,220 votes polled representing 75.31% of outstanding shares
- Meeting conducted via video conference with 58 members present (5 promoter, 53 public)
Coral India Finance & Housing Limited has issued the notice for its 32nd Annual General Meeting scheduled for September 11, 2026, via video conferencing. The company fixed August 28, 2026, as the record date for determining shareholder entitlement to a final dividend of ₹0.20 per equity share (10%). For FY 2025-26, revenue from operations stood at ₹1,539.64 lakhs compared to ₹2,115.92 lakhs in FY 2024-25, while profit after tax declined to ₹1,478.62 lakhs from ₹1,749.01 lakhs.
- 32nd AGM scheduled for Friday, September 11, 2026, at 11:00 AM IST via Video Conferencing.
- Record date for dividend fixed as Friday, August 28, 2026, with proposed dividend of ₹0.20 per share.
- FY26 Revenue from Operations reported at ₹1,539.64 lakhs versus ₹2,115.92 lakhs in FY25.
- FY26 Profit After Tax reported at ₹1,478.62 lakhs with an EPS of ₹3.67.
- Remote e-voting window opens on September 08, 2026, and closes on September 10, 2026.
Coral India Finance & Housing has fixed August 28, 2026, as the record date for a final dividend of ₹0.20 per share (10% of face value) for FY26. Alongside this, the company reported strong Q1 FY27 results with total income reaching ₹6.01 cr, up from ₹3.56 cr in the year-ago period. Net profit for the quarter grew significantly to ₹4.41 cr from ₹2.69 cr YoY. The dividend payment is scheduled to be completed by October 10, 2026, following shareholder approval at the AGM on September 11, 2026.
- Final dividend of ₹0.20 per share (10% of ₹2 face value) recommended for FY26.
- Record date for dividend entitlement fixed as August 28, 2026.
- Q1 FY27 total income increased to ₹6.01 cr, a 68.8% increase from ₹3.56 cr in Q1 FY26.
- Net profit for Q1 FY27 rose to ₹4.41 cr compared to ₹2.69 cr in the previous year's corresponding quarter.
- Investment segment profit stood at ₹5.33 cr, while the construction segment reported a loss of ₹5.27 lakhs.
Coral India Finance reported a strong Q1 FY27 with net profit rising 66.2% YoY to ₹4.47 Cr, up from ₹2.69 Cr in Q1 FY26. Total income grew 68.8% YoY to ₹6.01 Cr, driven entirely by the investment segment, while the construction segment reported zero revenue. The company confirmed a final dividend of ₹0.20 per share (10% of face value) for FY26, with the record date fixed for August 28, 2026. Despite the profit growth, the lack of construction activity remains a point of observation for the housing-focused firm.
- Net Profit increased by 66.2% YoY to ₹4.47 Cr for the quarter ended June 30, 2026.
- Total Income rose to ₹6.01 Cr, a 68.8% increase compared to ₹3.56 Cr in the same quarter last year.
- Final dividend of ₹0.20 per share (10% of face value) confirmed with a record date of August 28, 2026.
- Investment segment contributed 100% of total revenue (₹6.01 Cr), while Construction segment revenue was nil.
- Basic EPS improved to ₹1.11 from ₹0.67 in the corresponding quarter of the previous year.
Coral India Finance & Housing reported a strong start to FY27 with net profit rising 63.9% YoY to ₹4.41 cr. Total income grew 68.8% YoY to ₹6.01 cr, primarily driven by the investment segment, while the construction segment reported zero revenue for the quarter. The company confirmed a final dividend of ₹0.20 per share (10% of face value) for FY26, with the record date fixed for August 28, 2026. The balance sheet remains healthy with total assets increasing to ₹250.58 cr.
- Net profit increased 63.9% YoY to ₹4.41 cr from ₹2.69 cr in the same quarter last year
- Total income rose to ₹6.01 cr, a 68.8% increase compared to ₹3.56 cr in Q1 FY26
- Investment segment contributed 100% of revenue (₹6.01 cr), while construction revenue was nil for the quarter
- Final dividend of ₹0.20 per share (10% of face value) recommended for FY26
- Record date for dividend entitlement fixed as August 28, 2026, with payment by October 10, 2026
Sachin Navinchandra Doshi, a promoter of Coral India Finance & Housing Limited, has submitted a mandatory annual declaration under SEBI (SAST) Regulations. The filing confirms that the promoter, along with persons acting in concert, did not create any encumbrance or pledge on their shares during the financial year 2025-26. This maintains the status quo of the company's high promoter holding of 75.0% being entirely lien-free. The disclosure is consistent with the company's reported debt-free status and a net worth of Rs 207 Cr.
- Promoter Sachin Navinchandra Doshi confirms zero shares were pledged or encumbered during FY 2025-26.
- Promoter group maintains a significant 75.0% stake in the company as per latest records.
- Company continues to operate with Rs 0 Cr debt and a net worth of Rs 207 Cr.
- Declaration covers the entire financial year ending March 31, 2026.
Meeta Samir Sheth, a promoter of Coral India Finance & Housing Limited, has filed a mandatory annual declaration under SEBI (SAST) Regulations. The filing confirms that the promoter, along with persons acting in concert, did not create any new direct or indirect encumbrances on their shareholding during the financial year 2025-26. This is a routine compliance procedure intended to provide transparency regarding promoter share pledges to the exchanges and the Audit Committee.
- Declaration submitted under Regulation 31(4) of SEBI (SAST) Regulations, 2011
- Covers the entire financial year period of 2025-26
- Confirms no new encumbrances were created other than those already disclosed
- Filed by Promoter Meeta Samir Sheth on behalf of self and persons acting in concert
- Document dated April 03, 2026, following the close of the fiscal year
Coral India Finance & Housing Limited has announced the closure of its trading window starting July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. This closure is ahead of the declaration of the company's Unaudited Standalone Financial Results for the quarter ending June 30, 2026. The trading window will remain closed for all designated persons until 48 hours after the results are officially announced. The specific date for the board meeting to approve these results will be shared in a separate future notification.
- Trading window closure begins on Wednesday, July 01, 2026.
- Closure pertains to the Unaudited Standalone Financial Results for the quarter ended June 30, 2026.
- The window will reopen 48 hours after the financial results are declared to the exchanges.
- Compliance is maintained under SEBI (Prohibition of Insider Trading) Regulations, 2015.
Coral India Finance & Housing Limited has announced a final dividend of ₹0.20 per equity share for the financial year 2025-26. This recommendation was made by the Board of Directors in their meeting on May 25, 2026. The dividend represents 10% of the face value of ₹2 per share. The final payout is contingent upon the approval of shareholders at the upcoming Annual General Meeting.
- Recommended final dividend of ₹0.20 (20 Paise) per equity share
- Dividend payout represents 10% of the face value of ₹2 per share
- Announcement pertains to the financial year 2025-26
- Subject to shareholder approval at the ensuing Annual General Meeting
Coral India Finance & Housing Limited reported a weak set of annual results for FY26, with total income declining to ₹2,048.42 lakhs from ₹2,597.06 lakhs in the previous year. Net profit for the full year fell by 15.5% to ₹1,478.62 lakhs compared to ₹1,749.01 lakhs in FY25. Despite the annual decline, the company recommended a 10% final dividend (₹0.20 per share). Notably, the company reported a total comprehensive loss of ₹1,204.08 lakhs for the year, primarily driven by a significant negative movement in Other Comprehensive Income related to equity instruments.
- Annual Net Profit decreased to ₹1,478.62 lakhs in FY26 from ₹1,749.01 lakhs in FY25.
- Total Income for FY26 fell by 21% YoY to ₹2,048.42 lakhs.
- Recommended a final dividend of 10% (₹0.20 per equity share of face value ₹2).
- Reported a massive negative Other Comprehensive Income of ₹2,682.10 lakhs for the year.
- Appointed M/s. R. J. Mehta & Associates as Internal Auditor for the financial year 2026-27.
Coral India Finance & Housing Limited has submitted its quarterly compliance certificate for the period ending March 31, 2026, as required by SEBI (Depositories and Participants) Regulations. The certificate, issued by its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, confirms that all securities received for dematerialization were processed within the prescribed timelines. It further verifies that physical share certificates were mutilated and cancelled after due verification. This is a standard administrative filing to ensure the integrity of the company's shareholding records.
- Compliance certificate submitted for the quarter ended March 31, 2026.
- MUFG Intime India Private Limited confirmed the processing of dematerialization requests.
- Physical security certificates were mutilated and cancelled after verification by the depository participant.
- The name of the depositories has been updated in the register of members within mandated timelines.
Coral India Finance & Housing Limited has announced the closure of its trading window effective from April 1, 2026. This is a standard regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations for the upcoming declaration of audited financial results for the quarter and year ending March 31, 2026. The window will remain closed until 48 hours after the financial results are officially declared. The company will announce the specific date of the board meeting for result approval in a separate filing.
- Trading window closure starts from Wednesday, April 1, 2026.
- Closure pertains to the Audited Standalone Financial Results for the quarter and year ended March 31, 2026.
- Trading restriction will lift 48 hours after the financial results are declared.
- The board meeting date for result approval will be intimated in due course.
Coral India Finance & Housing Limited reported a steady Q3 FY26 with a Net Profit of ₹3.53 crore, up from ₹3.26 crore in the same period last year. Revenue from operations grew to ₹3.93 crore, driven primarily by its investment segment which contributed ₹4.42 crore to total revenue. While operational profitability remains healthy with an EPS of ₹0.88, the company faced a significant hit in Total Comprehensive Income due to a ₹10.81 crore loss in the fair value of equity instruments. The construction segment remains a smaller contributor compared to the investment arm.
- Net Profit for Q3 FY26 stood at ₹353.00 Lakhs vs ₹325.65 Lakhs in Q3 FY25.
- Revenue from operations increased to ₹392.54 Lakhs from ₹361.35 Lakhs year-on-year.
- Earnings Per Share (EPS) improved to ₹0.88 for the quarter, up from ₹0.81 in the previous year's quarter.
- Investment segment revenue was ₹441.92 Lakhs, significantly outperforming the construction segment's ₹112.70 Lakhs.
- Total Comprehensive Income reported a loss of ₹727.91 Lakhs due to market-linked valuation drops in equity holdings.
Financial Performance
Revenue Growth by Segment
Total revenue from operations for H1 FY26 was INR 11.14 Cr, representing a decline of 22.8% compared to INR 14.43 Cr in H1 FY25. Q2 FY26 revenue stood at INR 4.58 Cr, a 29.7% decrease from INR 6.52 Cr in Q2 FY25. Segment-specific percentage splits were not detailed in the provided summary tables.
Geographic Revenue Split
The company is based in Mumbai, Maharashtra, with its registered office at Nariman Point. 100% of operations and revenue are concentrated within the Indian market, primarily the Mumbai metropolitan region.
Profitability Margins
Profit Before Tax (PBT) margin for H1 FY26 remained high at 86.1% (INR 9.84 Cr PBT on INR 11.43 Cr total income), compared to 86.3% in H1 FY25. Net Profit margin for H1 FY26 was 73.0% (INR 8.34 Cr Net Profit), down from 71.3% in H1 FY25 due to lower tax provisions.
EBITDA Margin
EBITDA margin for H1 FY26 was approximately 86.4%, calculated from a PBT of INR 9.84 Cr plus depreciation of INR 0.037 Cr and negligible finance costs of INR 0.0003 Cr. This reflects a high core profitability from investment and financing activities.
Capital Expenditure
Historical Capex is minimal as evidenced by a low depreciation expense of INR 0.037 Cr for H1 FY26. Planned capital expenditure for new housing projects was not disclosed in absolute INR Cr values in the provided documents.
Credit Rating & Borrowing
The company has not issued any debt instruments and does not have any fixed deposit programmes as of March 31, 2025. Finance costs were nearly zero (INR 0.0003 Cr in H1 FY26), indicating a virtually debt-free status.
Operational Drivers
Raw Materials
As a housing and finance company, primary inputs for the housing division include cement, steel, and construction labor, though these are not itemized as raw material costs in the standalone finance-heavy P&L. 'Changes in inventories' of INR 0.246 Cr for H1 FY26 reflects project work-in-progress.
Import Sources
Not disclosed in available documents; however, construction materials are typically sourced locally within Maharashtra or neighboring Indian states.
Capacity Expansion
Current capacity is tied to real estate inventory and loan book size. Planned expansion details regarding specific new project acreage or units were not disclosed.
Raw Material Costs
Raw material consumption was reported as INR 0 in the standalone results for H1 FY26, as costs are likely capitalized into inventory (Work-in-Progress) which saw a change of INR 0.246 Cr.
Manufacturing Efficiency
Not applicable as the company operates in the finance and housing sectors rather than traditional manufacturing.
Logistics & Distribution
Not applicable to the company's core services of housing finance and real estate development.
Strategic Growth
Growth Strategy
The company aims to achieve growth through its dual focus on housing development and finance. Strategy includes maintaining a debt-free balance sheet to fund new projects internally and leveraging its established brand in the Mumbai real estate market to drive residential sales.
Products & Services
Residential housing units, housing finance loans, and investment services.
Brand Portfolio
Coral India Finance and Housing Limited (CIFHL).
Market Expansion
The company continues to focus on the Mumbai and Maharashtra regions for its housing and finance operations.
External Factors
Industry Trends
The industry is shifting toward affordable housing and stricter regulatory compliance under RERA. The company is positioned as a debt-free player, allowing it to navigate liquidity crunches that affect more leveraged competitors.
Competitive Landscape
Competes with major NBFCs (e.g., HDFC, LIC Housing Finance) and local Mumbai real estate developers.
Competitive Moat
The company's moat is its debt-free status and long-standing presence in the Mumbai market. This financial stability is sustainable as it avoids the high interest-burden risks faced by other real estate and finance firms.
Macro Economic Sensitivity
Highly sensitive to interest rate cycles and urban housing demand. A 1% change in interest rates significantly impacts the affordability of its housing products.
Consumer Behavior
Increasing preference for ready-to-move-in homes and transparent financing options in the post-RERA environment.
Geopolitical Risks
Minimal direct impact as operations are domestic; however, global commodity price spikes (steel/cement) could indirectly raise construction costs.
Regulatory & Governance
Industry Regulations
Operations are governed by the National Housing Bank (NHB) regulations for the finance arm and RERA for the housing development arm.
Taxation Policy Impact
The company provided INR 1.50 Cr for current tax in H1 FY26 against a PBT of INR 9.84 Cr, reflecting an effective tax rate of approximately 15.2%.
Legal Contingencies
The company reported zero pending litigations as of March 31, 2025, that would impact its financial position.
Risk Analysis
Key Uncertainties
Fluctuations in the Mumbai real estate market (potential 10-15% impact on revenue) and regulatory changes in housing finance norms.
Geographic Concentration Risk
100% of revenue and assets are concentrated in India, specifically the Mumbai region, creating high sensitivity to local economic conditions.
Third Party Dependencies
Dependency on M/s MUFG Intime India Private Limited for share registry services and local contractors for construction.
Technology Obsolescence Risk
Low risk for real estate; however, the finance arm faces digital transformation pressure from fintech competitors.
Credit & Counterparty Risk
Credit risk is managed through collateralized housing loans, though specific Non-Performing Asset (NPA) percentages were not disclosed in the summary.
