~

CORAL INDIA FINANCE AND HOUSING L MOlD

30th Ma ,2016

To,
The BSE Limited
Corporate Relations Department,
1'[ Floor, New Trading Ring,
Pj.Towers. Dalal Street,
Mumbai- 400 001.

Dear Sir,

REF: SCRIP CODE NO.531556

Subject: Submission of Audited Annual Financial Results of Coral India Finan e and
Housing Limited for the Quarter and Financial year ended March 31,2016, alo g with
Audit Report and Form-A.
Dear Sirs,
Pursuant to Regulation 33 of the Securities and Exchange Board oflndia (Listing obligati ns and
Disclosure Requirements) Regulations, 2015 ("Regulations,'), we enclose hereto, Dr your
information and record, the audited standalone annual financial results of Coral India inance
and Housing Limited ("the Company") for the Quarter and Financial year ended March 3 , 2016,
duly approved by the Board of Directors of the Company at its meeting held today i.e. on 30'h
May, 2016 along with Form A (i.e. Unmodified Report, on the standalone Audited F nancial
Results of the Company for the year ended March 31, 2016).
We also submit herewith Audit Report dated May 30t \ issued by the Statutory Audito s of the
Company, on the standalone financial results of the Company, for the financial yea ended
March 3I, 2016, which was duly placed before the Board at the aforesaid meeting.
Thanking you,

For COrallJ~inanCeand Housing Limited

ofJ~/~ ~
Navin B. Doshi
Managing Director
(DIN: 00232287)
Encl: as above

Regel. Office: Dalamal House, 4th Floor, Nariman Point, Mumbai - 400 021.

Tel.: 22820375,22822955,22834389,22853910,22853911 Fax: 2282 5753 E-mail: cs@coral ousing.in

CIN : L67190MH1995PLC084306

CORAL INDIA FINANCE

& HOUSING LIMITED

REGD. OFFICE: 4TH FLOOR, DALAMAL HOUSE, NARIMAN POINT, MUMBAI : 400021

CIN NO.L67190MHI995PLCOB4306

AUDITED FINANCIAL RESULTS FOR THE QUARTER & YEAR ENDED 31ST MARCH 2016

{ Rs. In Lacs,
Year Ended

Part -1

Particulars

Quarter Ended

31.03.2016

31.12.2015

31.03.2015

31.03.2016

31.03.2015

AUdited

UnaudIted

Audited

Audited

Audited

(Refer Notes Below)

Income from operations

(a) Netsales/income fromoperations

276.29
7.31
283.60

(b) Other operating income

2

Total Income from operations

Expenses
(a) Cost of materials consumed
(b) Purchases of stock-In-trade

Ie) Changes in inventories ot tinished goods,

work-In-progress and stock-In-trade

(d) Employee benefits expense

(e) Depreciation and amortisation expense

In Other expenses

Total expenses

Year Ended

333.13
18.85
351.98

578.58
1.28
579.86

1,142.40
33.58

1,920.75
16.24
1,936.99

1,175.98

72.72

24.62
21.62
12.38
67.39
126.01

24.61
20.79
4.38
55.94
105.73

153.89
21.68
6.86
57.20
239.63

85.58
25.51
206.40
390.21

403.23
71.57
18.70
141.89
635.39

157.59

246.25

340.23

785.77

1,301.60

Profit trom operations before other Income, Finance costs

3

and exceptional Items.

Other income

Profit from ordinary activities before

157.59

246.25

340.23

785.77

1,301.60

0.01

0.33

0.03

0.45

0.56

157.58

245.92

340.20

finance costs and exceptional items

6
7

Finance costs
Profit from ordinary activities

785.3

1,301.04

after finance costs but before exceptional Items

Exceptional items

Profit from ordinary activities before tax

157.58

245.92

340.20

785.3

1,301.04

28.15
(3.18)
0.12
132.49

50.00
0.25

85.00
(1.40)

195.67

256.60

153.2
(2.4 )
0.1
634.3

997.58

997.58

997.58

997.5

997.58

6,835.8

6,201.46

6.3

10.32

10 Tax Expenses
(a) Current Tax

(b) Deferred Tax

(c) Earlier YearsTax
11 Net Profit from ordinary activities after tax

12 Paid-up equity share capital

(Face Value: Rs. 10 per share)
13

Reserve excluding Revaluation Reserves as

per balance sheet of previous accounting year

"

Basic and Diluted Earning per share in Rs.

1.32

1.96

2.57

270.00
(1.10)

1,032.14

(not Annualised) .
SEGMENTWISE REVENUE, RESULTS ANDCAPITAL EMPLOYED FOR THE QUARTER & YEAR ENDED 31st MARCH 2016
( Rs. In Lacs)

QuartorEnded

Part -II
Particulars

YearEnded

YearEndod

31.03.2016

31.12.2015

31.03.2015

31.03.2016

31.03.2015

Audited

Unaudited

Audimd

(Audited)

lAudited)

Segment Revenue
Investment
Constructions

206.52
69.77

237.94
95.19

387.19

253.8~

638.42
1,282.33

Total

276.29

333.13

578.58

1,142.,~

1,920.75

163.91

180.12

43.69

69.73

144.65
223.78

705. 4
175. 1

512.69
860.92

207.60
50.Q2

249.85
3.93

368.43
28.23

881. 5
96. 3

1,373.61

Less: - Unallocated Expenses net of Income

Profit Before Tax

157.58

245.92

340.20

785. 2

1,301.04

5,728.75
2,062.75

5,695.29
1,960.00

5,438.55
1,868.46

5,728. 5
2,062. 5

5,438.55
1,868.46

7,791.50

7,655.29

71307.01

7,791. 0

7,307.01

SegmentResults
Investment
Constructions
Total

888.5

191.39

72.57

Capital Employed
Investment
Constructions
Total

1) Above audited financial results were reviewed by the Audit Committee and thereafter approved by the
Board of Directors at their meeting held on 30th May 2016
2) The Board of Directors have recommended 10% dividend (Re.1/- per equity share of the face value of Rs.10/-)
for the year 2015-16.

3) The main activltles of the Company includes Investment & Construction.

4) The Statutory Auditors have carried out statutory audit of the financial results of the company.

5) Thls statement is as per Regulation 33 of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015

6) The copy of above result is available on the website of the l:ompany(www.l:oralhousing.in) and that of BSE umrteofwww.bsernota.corn)

and runner also avauebre on the website ot National Stock Exchange or rruna urnrtectwww.nsetoo.e.comt

7) Previous year figures have been regrouped wherever necessary.

For CORAL INDIAFINANCE &
WEBSITE: www.coralhousing.ln
Email: cs@coralhouslng.in

Tel No:022-2282Z955/22820375
Dete

i -

30th May 2016

Place: .. Mumbai

O~NG L1MI ED

~.fjOOV~:
NAVIN B DOSHI
Managing Director
DIN: 00232287

CORAL INDIA FINANCE AND HOUSING LIMITED

Regoffice:- 4TH FLOOR, DALAMAL HOUSE, J B MARG, NARIMAN POINT,MUMBAI-400021
CIN:L67190MH199SPLC084306
STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT 31.03.2016
Sr.
As at 31.03.2016
No.
Particulars

(Rs. In Lacs)
As at 31.03.2015

(Audited)
A

1 Shareholders' funds
(a) Share capital
(b) Reserves and surplus
Sub-total- Shareholders' funds

1,041.74
6,715.75

1,041.74
6,201.46

7,757.49

7,243.20

2 Non-currentliabilities
(a) Long-term borrowings
(b) Deferred tax liabilities (net)
(c) Other long-term liabilities
(d) Long-term provisions
Sub-total- Non-current liabilities

(Audited)

EQUITY AND LIABILITIES

23.67
308.15
20.63
352.45

26.10
276.85
13.96
316.91

41.27
126.19
676.95
844.41
8,954.35

41.64
143.56
555.71
740.91
8,301.02

244.50
0.10
570.11
3,131.34
3,241.17
13.87
7,201.09

259.97
0.22
384.64
2,526.56
2,792.07
40.04
6,003.50

ASSETS

1 Non-current assets
Fixed Assets
(a)Tangibie Assets
(b)lntangible Assets

(c) Capital Work in progress

(d) Non-current investments
(e) Long-term loans and advances
(f) Other non-current assets
Sub-total - Non-current assets

2 Currentassets
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets
Sub-total- Current assets

-
1,209.19
1,281.91
56.07
11.47
480.86
974.54
7.14
29.60
-
1,753,26
2,297.52

TOTAL- ASSETS
WEBSITE: www.coralhousing.in

Email: cs@coralhousing.in
Tel No: 022-22822955/22820375
Place:- MUMBAI
Date:- 30th May 2016

8,954.35

8,301.02

~~,~.,",~'''"M,n
l.l;':::B DOSHI
Managing Director

DIN:00232287

CORAL INDIA FINANCE AND HOUSING L MITED

Form A (For audit report with unmodified opinion)

1. Name ofthe Company

CORAL INDIA FINANCE AND HOUSING L111, ITED

2. Annual financial statements for the

year ended
3. Type of Audit observation

31

4. Frequency of observation

Not Applicable

st

March,2016

Un-qualified

5. To be signed ..

Managing Director

For CORAL INDIA FINANCE AND HOUSING

~-.l..L1M~~

17

NAVIN B. DOSHI
Managing Director

CFO

(MR. SACHIN N. DOSHI)

Auditor of the company

For M. A. PAREKH & Associates

Chartered Accountants

Firm'j R~gistration No.

1219:~~;;~.Z'~

IVr~-,.;,>
NvJt,~
II;/;~\"!'''--'<~;~i~
:;,~ MUl0,BAI" t:~
(MR. MAN ISH PAREKH)

Membership No. 044911

Audit Committee Chairman

(:~ . M ~:~~" ) i;
~<~:;-;",.,/:.:.;'

. PRoPRIEfoR \V.\.04';9Y;d
.~,=~

For CORAL INDIA FINANCE AND HOUSIN(

LIMITED "". ~ .,~

Ms. Sheela Kamdar

Chairperson of Audit Committee

Regel. Office: Dalamal House, 4th Floor, Nariman Point, Mumbai - 400 021.
Tel.: 2282 0375, 2282 2955, 22834389, 2285 3910,22853911 Fax: 22825753 E-mail: cs@cor Ihousing,in
GIN: L67190MH1995PLG084306

M. A.

?~REIUI

a Q'1SSCCifITES

CHARTERED ACCOUNTANTS
.'YvfQllL;/i. :Pardji

e.ccm..

ECA

On

Auditor's Re

543, Kalbadevi Road,

Ravindra House,
.2nd Floor, Near Metro,
Mumbal-400 002.
Tel. : 2207 3702
e-mail: ca.maparekh@mail.com

art rl Financial Results and Year to Date Results ofthe Com an

ursuant

the Regylation 33 of SERif listing Obligations and Disclosure Requirements) Regulations, 2015
To,
The Board of Directors
Coral India Finance and Housing limited
We have. audited the quarterly financial results CORAL INDIA FINANCE AND HOUSING LIMITED for t e
quarter ended 31,03,2016 and the year to date results for the period 01,04.2015 to 31.3.2016, attach d
herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the 5 BI
(Listing Obligations and Disclosure Requirements) Regulations, 2015. These quarterly financial results s
well as the year to date financiai results have been prepared on the basis of the interim financ ai
statements, which are the responsibility of the company's management. Our responsibility is to expr 55
an opinion on these financial results based on our audit of such interim financial statements, which ha e
been prepared in accordance with the recognition and measurement principles laid down in Accounti g
Standard for Interim Financiai Reporting (AS 2S( IndAS 34), prescribed, under Section 133 of t e
Companies Act, 2013 read with relevant rules issued there under; or by the Institute of Charter d
Accountants of India, as applicable and other accounting principles generally accepted in India.

Proprietor
Place; Mumbai

Date : ~;, .,~(

:;:.1 (~~~

CORAL

INDIA FINANCE AND HOUSING

IMITED

30'h M y, 2016

To,

The BSE Limited

Corporate Relations Department,

1st Floor, New Trading Ring,

P.J.Towers, Dalal Street,

Mumbai- 400 001.

Dear Sir,
REF: SCRIP CODE NO.531556
SUB: Declaration while publishing Annual Audited Financial Results vide SEBI Circular ated
25th May, 2016.
Dear Sir,
With reference to SEBI Circular dated 25th May, 2016, the Company hereby declares th t while
publishing the Annual Audited Financial Results, it is found that the Audit Report is free f Audit
qualifications and is of the unrnodifled opinion.
!

The Statutory Auditor of the Company is having no Audit Qualification out of the Statutor Audit
conducted for F.Y 2015-16.
I!
.
,

For c;;n;ralln
F inance and

~
r

~,

'"

HO~. si'ng Limited

I
.

Navin B. Doshi
Managing Director
(DIN: 00232287)

Regel. Office: Dalamal House, 4th Floor, Nariman Point, Mumbai - 400 021.
Tel.: 2282 0375, 2282 2955, 2283 4389, 2285 3910, 2285 3911 Fax: 2282 5753 E-mail: cs@coral ousing.in
CIN : L67190MH1995PLC084306 .
.
I