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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -20.96 % over the year, decrease in net sales/revenue by -17.54 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 304.22 %. Marginal decrease of -22.17% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Coral India Finance And Housing Ltd. Notable increase of 24.28 % in net profit Year to Year, Coral India Finance And Housing Ltd’s profitability dropped by -20.8 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 23.89 % Year to Year. EPS decreased by -20.9 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 8.249 Cr | Rs. 7.907 Cr | Rs. 6.52 Cr | -17.54 % | -20.96 % |
| Expenses | Rs. 1.72 Cr | Rs. 1.33 Cr | Rs. 1.09 Cr | -18.05 % | -36.63 % |
| Operating Profit | Rs. 6.53 Cr | Rs. 6.58 Cr | Rs. 5.43 Cr | -17.48 % | -16.85 % |
| OPM % | 79.16 % | 83.22 % | 83.28 % | + 0.06 % | + 4.12 % |
| Other Income | Rs. -0.758 Cr | Rs. 1.989 Cr | Rs. 1.548 Cr | -22.17 % | + 304.22 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 5.75 Cr | Rs. 8.55 Cr | Rs. 6.96 Cr | -18.6 % | + 21.04 % |
| Tax % | 20.86 % | 16.38 % | 18.68 % | + 2.3 % | -2.18 % |
| Net Profit | Rs. 4.56 Cr | Rs. 7.15 Cr | Rs. 5.66 Cr | -20.84 % | + 24.12 % |
| EPS in Rs | Rs. 1.13 | Rs. 1.77 | Rs. 1.4 | -20.9 % | + 23.89 % |
Today, we’re looking at Coral India Finance And Housing Ltd’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -20.96 %. However, it did see a marginal slip of -17.54 % from the previous quarter. Expenses decreased slightly by -18.05 % quarter-on-quarter, aligning with the annual decline of -36.63 %. Operating profit, while down -16.85 % compared to last year, faced a quarter-on-quarter dip of -17.48 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.12 %, but an expansion of 0.06 % sequentially. Other income fell by -22.17 % compared to the last quarter, despite an annual growth of 304.22 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 21.04 % but saw a reduction from the preceding quarter by -18.6 %.
Tax expenses as a percentage of profits decreased slightly by -2.18 % compared to last year, with a more notable quarter-on-quarter increase of 2.3 %. Net profit rose by 24.12 % year-on-year but witnessed a -20.84 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 23.89 % but a quarterly fall of -20.9 %. In summary, Coral India Finance And Housing Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 8.249 Cr | Rs. 7.907 Cr | Rs. 6.52 Cr | -17.54 % | -20.96 % |
| Expenses | Rs. 1.72 Cr | Rs. 1.33 Cr | Rs. 1.09 Cr | -18.05 % | -36.63 % |
| Operating Profit | Rs. 6.53 Cr | Rs. 6.58 Cr | Rs. 5.43 Cr | -17.48 % | -16.85 % |
| Net Profit | Rs. 4.56 Cr | Rs. 7.15 Cr | Rs. 5.66 Cr | -20.84 % | + 24.12 % |
| EPS in Rs | Rs. 1.13 | Rs. 1.77 | Rs. 1.4 | -20.9 % | + 23.89 % |
In reviewing Coral India Finance And Housing Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -20.96 % year-on-year, although there was a slight dip of -17.54 % from the previous quarter. Expenses decreased by -36.63 % compared to the previous year, with a decrease of -18.05 % quarter-on-quarter. Operating Profit dropped by -16.85 % annually, and saw a -17.48 % decrease from the last quarter.
Net Profit showed yearly increase of 24.12 %, and experienced a -20.84 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 23.89 % annually, however dipped by -20.9 % compared to the last quarter. In essence, while Coral India Finance And Housing Ltd exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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