Company Overview

Coral India Finance and Housing Limited (Scrip Code: 531556, Symbol: CORALFINAC) reported its FY26 financial results and announced its 32nd Annual General Meeting details.

Financial Performance

FY26 witnessed a significant decline in performance with net profit decreasing 15.46% to ₹1478.62 lakhs from ₹1749.01 lakhs in FY25. Total income declined 21.13% to ₹2048.42 lakhs, primarily due to a 27.24% drop in revenue from operations to ₹1539.64 lakhs. Earnings per share stood at ₹3.67 compared to ₹4.34 in the previous year. The company maintained a strong liquidity position with ₹13620.74 lakhs in liquid assets and remains debt-free.

Segment Performance

The Investment segment generated revenue of ₹2048.42 lakhs (including ₹954.52 lakhs from rent income, ₹119.98 lakhs interest on fixed deposits, and ₹973.92 lakhs other financial income), while the Construction segment reported nil revenue and a loss of ₹30.40 lakhs. Total assets stood at ₹22312.47 lakhs as of March 31, 2026.

Dividend Declaration

The Board recommended a final dividend of ₹0.20 per equity share (10% on face value of ₹2 each) for FY26, subject to shareholder approval at the AGM. The record date is set for August 28, 2026, with payment scheduled within 30 days after AGM approval (on or before October 9, 2026).

AGM Details

The 32nd AGM will be held virtually on September 11, 2026, at 11:00 AM IST. Key agenda items include adoption of financial statements, dividend declaration, re-appointment of Mrs. Meeta Sheth as director, and appointment of new independent directors. E-voting will be available through NSDL from September 8-10, 2026.

Corporate Governance & Compliance

The company maintained full regulatory compliance with no qualifications in Secretarial Audit Report. Only 2 investor complaints were received during FY26, both resolved satisfactorily. Related party transactions were conducted at arm's length basis, including ₹36 lakhs rent received from DWD Pharmaceuticals and ₹25 lakhs interest income from Noetic Finance.

CSR Activities

The company exceeded its CSR obligation, spending ₹40.00 lakhs against the required ₹36.78 lakhs, focusing on healthcare, education, and poverty eradication initiatives.

Capital Structure

Paid-up equity share capital remained unchanged at ₹80,604,450 divided into 40,302,225 equity shares. The company transferred ₹1,99,451 of unclaimed dividend and 45,785 corresponding shares to IEPF during the year.

Outlook

The company continues to maintain strong liquidity despite the decline in profitability, with the construction segment showing no activity and the investment segment remaining the primary revenue driver.