Coral India Finance & Housing FY26: 10% Dividend Update

What the company announced

Coral India Finance & Housing Limited (CIFHL) said its Board of Directors has approved the audited standalone financial statements for the year and quarter ended March 31, 2026. Alongside the results, the Board recommended a final dividend and cleared the appointment of a new internal auditor for the next financial year. The statutory auditors, M/s Hasmukh Shah & Co. LLP, issued an unmodified opinion on the standalone audited financial statements for FY26.

The update matters for investors because it combines three decision points in one cycle: audited numbers, dividend recommendation, and governance changes. It also comes at a time when published datasets around CIFHL show results in different formats and units, making it important to track the company’s headline financial direction using clearly stated figures.

Dividend: 10% on ₹2 face value

The Board recommended a final dividend of 10% on equity shares of face value ₹2 each. This works out to ₹0.20 per share (20 paise) for the financial year ended March 31, 2026. The dividend recommendation is subject to shareholders’ approval at the ensuing Annual General Meeting.

The company also has a separate data point stating that it “has declared a dividend of ₹0.40 on 12 Sep, 2025.” This appears as an additional corporate action item in the provided text and is separate from the FY26 final dividend recommendation of ₹0.20 per share.

Governance update: internal auditor appointment

On corporate governance actions, the Board approved the appointment of M/s R. J. Mehta & Associates, Chartered Accountants, as the internal auditor for the financial year 2026-27. The company’s contact details in the provided data place it at Nariman Point, Mumbai, with email listed as cs@coralhousing.in.

Internal auditor appointments are typically routine, but they become more visible when paired with audited financial statements and dividend recommendations in the same board update.

FY26 performance snapshot: profit down, sales down

A results summary in the provided text states that CIFHL’s net profit declined 15.44% to ₹14.79 crore in the year ended March 2026, compared with ₹17.49 crore in the year ended March 2025. Sales for the year declined 27.22% to ₹15.40 crore in FY26 from ₹21.16 crore in FY25.

This indicates a year marked by weaker top-line momentum and lower full-year profit compared with the previous year, based on those stated annual figures.

Q4 FY26 (March 2026): profit up, sales flat year-on-year

For the quarter ended March 2026, the same summary states net profit rose 14.47% to ₹2.69 crore versus ₹2.35 crore in the quarter ended March 2025. Sales for March 2026 were reported as unchanged at ₹3.05 crore, the same as March 2025.

A separate quarterly table (figures in ₹ crore) shows Operating Revenue of ₹3.05 crore in March 2026, with Other Income of ₹0.51 crore and Net Profit of ₹2.69 crore. Tax for March 2026 is shown as zero in that quarterly table, while Interest Expended is shown at ₹0.01 crore.

How quarterly numbers moved through FY26

The quarterly series (₹ crore) in the provided dataset shows operating revenue fluctuating within a narrow band, while other income varies more sharply:

• Operating Revenue: ₹3.05 crore (Mar 2025), ₹4.58 crore (Jun 2025), ₹3.84 crore (Sep 2025), ₹3.93 crore (Dec 2025), ₹3.05 crore (Mar 2026)
• Net Profit: ₹2.35 crore (Mar 2025), ₹4.81 crore (Jun 2025), ₹3.53 crore (Sep 2025), ₹3.75 crore (Dec 2025), ₹2.69 crore (Mar 2026)

The same dataset also provides EPS (Adjusted EPS) of ₹0.67 for March 2026, and a “Diluted Normalized EPS” of ₹0.67 for March 2026 in a Q1 highlights table that compares Jun 2025 with Mar 2026.

December 2025 unaudited update: income and profit growth

CIFHL also announced unaudited standalone financial results for the quarter and nine months ended December 31, 2025, approved by the Board in a meeting held on February 12, 2026. For the quarter ended December 31, 2025, total income was reported at ₹772.58 lakhs (₹7.73 crore), up 5.61% quarter-on-quarter from ₹731.52 lakhs (₹7.32 crore) and up 1.25% year-on-year from ₹763.07 lakhs (₹7.63 crore).

Net profit for the same quarter was reported at ₹375.29 lakhs (₹3.75 crore), up 6.30% quarter-on-quarter from ₹353.04 lakhs (₹3.53 crore), and up 59.83% year-on-year from ₹234.80 lakhs (₹2.35 crore). Another line in the provided text states net profit surged 60.78% to ₹375.31 lakhs (₹3.75 crore) and revenue grew 6.57% to ₹392.54 lakhs (₹3.93 crore) year-on-year.

Balance sheet size disclosed in FY26 update

The company’s financial standing as of March 31, 2026 was described with total assets of ₹22,312.11 lakhs, which equals ₹223.12 crore. Total equity and liabilities were reported at ₹22,312.47 lakhs, or ₹223.12 crore. These figures provide a scale indicator for CIFHL, even though the text does not break down the asset mix.

Market snapshot: share price and trading activity

The provided text contains multiple price references. One line states, “Today, Coral India Finance & Housing Limited shares edged higher to close at ₹33.11, gaining 2.37% for the session,” with volume of 34,449 shares. Another line states the “current share price” as ₹33.45. At the top of the data, a separate snippet shows “33.83” and “+1.38,” without further context.

Taken together, the data points indicate the stock traded in the ₹33 range around the time of these updates, with at least one session showing a 2.37% gain and higher reported volumes.

Key figures table (normalized to ₹ crore)

Analysis: what stands out in the disclosed data

Two themes are clear from the numbers provided. First, the March 2026 quarter shows improved profit versus March 2025, while revenue is stated as flat year-on-year for that quarter. Second, the full-year figures in the summary indicate FY26 revenue and profit both fell versus FY25, suggesting that strength in certain quarters did not translate into higher full-year totals.

Readers should also note that the provided material includes multiple result tables using different units (crore and lakhs) and, in some places, conflicting magnitudes for annual figures. The most consistent quarterly operating revenue pattern is the table where operating revenue ranges between ₹3.05 crore and ₹4.58 crore across Mar 2025 to Mar 2026.

Conclusion

CIFHL’s FY26 board update combines audited results, an unmodified audit opinion, a final dividend recommendation of ₹0.20 per share, and the appointment of a new internal auditor for FY27. Quarterly data shows March 2026 profit higher than March 2025 on flat sales, while the stated full-year summary points to declines in both sales and net profit versus FY25. The next formal checkpoint for shareholders is the AGM, where the final dividend will be subject to approval.