Coral India Finance Announces FY2026 Financial Results and Recommends 10% Dividend
Coral India Finance & Housing Limited (CIFHL) announced key outcomes from its recent Board of Directors meeting, releasing the audited standalone financial statements for the year and quarter ended March 31, 2026. The Board also recommended a final dividend and approved the appointment of a new internal auditor.The company’s statutory auditors, M/s Hasmukh Shah & Co. LLP, issued an Unmodified Opinion on the Standalone Audited Financial Statements for the year ended March 31, 2026.
Financial Results Overview
The company released financial results for the quarter and year to date, which provide insights into the financial performance up to March 31, 2026.| Particulars | Quarter Ended 31/03/2026 | Quarter Ended 31/12/2025 | Year Ended 31/03/2026 | Year Ended 31/03/2025 |
|---|---|---|---|---|
| Revenue from Operations | 301.87 (₹ in Lskhs) | 392.54 (₹ in Lskhs) | 304.89 (₹ in Lskhs) | 1,539.64 (₹ in Lskhs) |
| Other Income | 51.33 (₹ in Lskhs) | 156.52 (₹ in Lskhs) | 55.54 (₹ in Lskhs) | 481.14 (₹ in Lskhs) |
| Total Income | 356.20 (₹ in Lskhs) | 5{9.06 (₹ in Lskhs) | 160.43 (₹ in Lskhs) | 2,597.06 (₹ in Lskhs) |
| Total Expenses | 87.06 (₹ in Lskhs) | 78.85 (₹ in Lskhs) | 76.01 (₹ in Lskhs) | 478.11 (₹ in Lskhs) |
| Total Profit for the Period | 269.12 (₹ in Lskhs) | 375.31 (₹ in Lskhs) | 21.16 (₹ in Lskhs) | 1,719.01 (₹ in Lskhs) |
The company’s segment-wise results for the year ended March 31, 2026, showed a profit before interest of 1,723.35 (₹ in Lskhs), up from 1,178.62 (₹ in Lskhs) in the preceding year.
Dividend Recommendation and Governance Changes
The Board recommended a final dividend of 10% on the equity share of face value of ₹ 2 each, amounting to ₹ 0.20 (20 Paise) for the financial year ended March 31, 2026. This dividend is subject to the approval of the shareholders at the ensuing Annual General Meeting.In matters of corporate governance, the Board approved the appointment of M/s. R. J. Mehta & Associates, Chartered Accountants, as the Internal Auditor of the Company for the financial year 2026-27.
Financial Position Summary
The company's financial standing as of March 31, 2026, reflected total assets of 22,312.11 (₹ in Lskhs) and total equity and liabilities of 22,312.47 (₹ in Lskhs).The audited statements of assets and liabilities are presented below:
| Particulars | 31.03.2026 (Audited) (₹ in Lskhs) | 31.03.2025 (Audited) (₹ in Lskhs) |
|---|---|---|
| Total Non-current Assets | 7,585.45 | 9,477.12 |
| Total Current Assets | 22,312.47 | 23,405.43 |
| Total Assets | 22,312.11 | 23,405.83 |
| Total Equity | 20,716.67 | 22,041.96 |
| Total Liabilities | 1,595.80 | 3,323.73 |
Cash Flow Analysis
The cash flow statement provided a detailed look at the company's liquidity for the financial years.| Cash Flow Item | 31st March, 2026 (Audited) (₹ in Lakhs) | 31st March, 2025 (Audited) (₹ in Lakhs) |
|---|---|---|
| Net Cash from Operating Activities | 1,648.11 | 1,876.13 |
| Net Cash from Investing Activities | (1,100.23) | (1,769.72) |
| Net Cash from Financing Activities | (162.38) | (161.23) |
| Net Increase in Cash and Cash Equivalents | 385.50 | (4.82) |
| Cash & Cash Equivalents at End of Year | 7,973.43 | 1,587.93 |
CORALFINAC Stock Price Movement
Today, Coral India Finance & Housing Limited shares edged higher to close at ₹33.11, gaining 2.37% for the session. The stock saw robust trading activity, settling on a volume of 34,449 shares during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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