What we do Coral India Finance & Housing Ltd provides financial services including investment advisory and financing, alongside property construction, development, and real estate services. |
Founded in 1,995 |
Market share Engaged in niche financing and real estate sectors with moderate market presence. |
Problem solved Facilitates housing finance and real estate development addressing growing urban housing needs and investment opportunities. |
Top clients or who we serve B2B and B2C clients in real estate development and financial investment sectors. |
Key management Navin Doshi, Chairman & Managing Director; Kishor Mehta, Whole-time Director & CFO. |
Our journey and innovations Started in 1995; notable projects include Coral Garden and residential-commercial complexes in Thane since 2003 and 2006 respectively. |
Where we operate Primarily India, with developments concentrated in Maharashtra region. |
Top products or what we offer Financial advisory, housing finance lending; residential and commercial property developments. |
Top brands Coral Garden project; flagship housing and commercial projects in Ghodbunder Road, Thane. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mix includes recurring investment income and cyclical construction segment revenues. |
Our industry position Well-established in regional real estate and housing finance with steady financial growth. |
Financial highlights FY 2023-24 revenue ₹30.57 crore, PAT ₹20.77 crore, EPS 5.15, showing 13% PAT growth YoY. |
Geographical revenue split Revenue primarily from Indian operations, especially Maharashtra. |
Order book - |
Whats driving growth Strong real estate demand, focused housing finance activities, and strategic property development. |
Our future plans Expansion of residential and commercial projects, enhanced financing services. |
Our green promise - |
Our people and values Employee-centric with values of transparency, integrity, and stakeholder value maximization. |
Key challenges ahead Market fluctuations in real estate, regulatory changes, and competitive financing landscape. |
Interesting facts Commissioned Coral Garden project early in 2003, with consistent dividend payments over years. |
Risks and strategy Maintaining liquidity and regulatory compliance while expanding project portfolio cautiously. |
