C Regd Office : Dalamal House, 4th Floor, Nariman Point, Mumbai 021 Tel : 2282 0375, 2282 2955, 2283 4389, 2285 3910, 2285 3911 Fax: 2282 5753 Email : cs@coralhousingin Website : wwwcoralhousingin ClN : L67190MH1995PL0084306 14th November, 2018 To, Corporate Relations Department, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 001 Scrip Code No: 531556 To, Corporate Relationship Department National Stock Exchange of India Limited Exchange Plaza, Plot No C/1, G Block, BandraKurla Complex, Bandra (East), Mumbai 051 Symbol: CORALFINAC Sir/ Madam, SUB: SUBMISSION OF OUTCOME OF THE BOARD MEETING Pursuant to Schedule III [PART A) Vide SEBI (Listing Obligations and Disclosure Requirements] Regulations, 2015, please find enclosed outcome ofthe Board Meeting held on 14th November, 2018 Kindly take the same on record Thanking you, Yours faithfully, For Coral Ind' inance and Housing Limited v / Navin B Doshi Managing Director Encl: as above
' C Regd Office : Dalarnal House, 4th Floor, Narlman Point, Mumbai 021 Tel : 2282 0375, 2282 2955, 2283 4389, 2285 3910, 2285 3911 Fax: 2282 5753 Email : cs@c0ra h0usingin Website wwwcoralhousingin ClN : L67190MH1995PL0084306 14th November, 2018 T0, T0, Corporate Relations Department, Corporate Relationship Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No C/1, G Block, Dalal Street, BandraKurla Complex, Bandra (East), Mumbai 001 Mumbai 051 Scrip Code No: 531556 Symbol: CORALFINAC Sir/Madam, Sub: Submission of Outcome of the Board Meeting held on 14th November 2018 in accordance with SEBI [Listing Obligations and Disclosure Requirements), Regulations 2015 We are pleased to inform you that the Board of Directors of the company at their meeting held today, has inter alias considered and approved the following: o Unaudited Standalone Financial Results for the quarter and half year ended 30th September, 2018 along with the Statement of Assets & Liabilities for the half year ended 30092018 and ended 30092018 Limited Review Report for the quarter & halfyear Alteration of Main Object Clause in the Memorandum of Association and adoption of new set of MOA in line with the Companies Act 2013 The approval of Board is subject to the approval of the Members ofthe Company through postal ballot and subject to such other approvals, permissions, sanctions as may be necessary 0 Notice ofpostal Ballot to be sent to the members of the Company Appointment of M/s Uma Lodha & Co, Practicing Company the process of Postal Ballot Secretaries to act as a Scrutinizer for An extract of the aforementioned financial results would be published in the newspaper in accordance with the Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 The Board Meeting commenced at 0230 pm and concluded at 0325 pm of the same day Thanking You, For Coral In a inance and Housing Limited I Navin B Doshi Managing Director Encl: i Unaudited Standalone Financial Results for the quarter and half year ended 30092018 ii Segment wise Revenue, Results, Assets & Liabilities for the quarter & half year ended 30092018 ended 30092018 iii Statement ofassets & Liabilities for the halfyear iv Limited Review Report
', Regd Office : Dalamal House, 4th Floor, Nariman Point, Mumbai 021 Tel : 2282 0375, 2282 2955, 2283 4389, 2285 3910, 2285 3911 Fax: 2282 5753 Email : cs@coralhousingin Website t wwwcoralhousingin ClN : L67190MH1995PLCO84306 UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER 2018 Partl Particulars (Refer Notes Below) 1 Income from operations (a) Net sales/income from operations (b) Other operating income Total income from operations 2 Expenses ( Rs In Lakhs except figures of EPS) Quarter Ended Half Year Ended Year Ended 30092018 30062018 30092017 30092018 30092017 31032018 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 38903 34203 56250 73106 1,16480 2,20915 1873 2218 4091 8924 40776 36421 56250 77197 1,16480 2,29839 (a) Cost of materials consumed (b) Purchases of stockintrade (c) Changes in inventories of finished goods, Workinprogress and stockintrade (d) Employee benefits expense [e] Finance costs (1) Depreciation and amortisation expense (g) Other expenses Total expenses 12733 2462 2461 2462 4923 9099 18016 2961 2962 3017 5923 5523 11631 010 005 008 015 017 050 501 501 471 1002 942 1843 6799 6353 8295 13152 16774 28555 3 Profit before exceptional items t 230,43 52182 14253 25015 32355 60095 8412 5 1 1,69744 4 Exceptional items Profit before tax 1,69744 6 Tax Expenses (a) Current Tax (b) Deferred Tax 7 Profit for the period 4900 4800 7500 9700 [025) [025) (035) [050) 23168 19364 34532 42532 15500 35000 (070) (127) 68695 1,34871 8 Other Comprehensive Income [l]ltems that will not be reclassified to profit or loss (1,07257) (1,24687) (24953) (2,31943) 63122 (1,44114) [ ii ) Income Tax relating to items that will not be reclassified to profit or loss 9 Total Comprehensive Income for the period (7+8) (84089) (1,05322) 9579 (1,89410) 1,31817 (Comprising Profit (Loss) and Other Comprehensive Income for the period ) (9243) 10 Paidup equity share capital 99758 99758 99758 99758 99758 (Face Value : Rs 2 per share] 99758 11 Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year 13,40339 12 Basic and Diluted Earning per share in Rs (not Annualised] 046 039 069 085 138 270
,, Total Assets 14,32375 15,07181 16,31251 14,32375 16,31251 15,99994 ms 8990 Office : Dalamal House, 4th Floor, Nariman Point, Mumbai 021 Tel : 2282 0375, 2282 2955, 2283 4389, 2285 3910,2285 3911 Fax: 2282 5753 Email : cs@cora housingin Website : wwwcoralhousingin CIN : L67190MH1995PL0084306 SEGMENTWISE REVENUE, RESULTS, ASSETS AND LIABILITIES FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2018 l1mm _ cameraman Harrvearanded Yearsndea Pamcums 30092018 30062018 30092017 30092018 30092017 31032013 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Segment Revenue Investment 31769 28245 47921 60014 94963 1,77322 Constructions 9007 8176 8329 17183 21517 43593 Total 40776 36421 56250 77197 1,16480 2,20915 Segment Results Investment 21702 18975 36969 40678 76643 1,45213 Constructions 6545 5714 5867 12259 12418 25577 Total 28247 24689 42836 52937 89061 1,70790 Less: Finance costs 010 005 008 015 017 050 Unallocated Expenses net of Income 194 545 83 1 740 4919 996 Profit Before Tax 1,69744 Segment Assets Investment 11,25426 12,09008 13,82925 11,25426 13,82925 13,05733 Constructions 1,78982 1,73964 2,36387 178982 2,36387 1,74419 Total 13,04408 13,82972 16,19312 13,04408 16,19312 1430152 Unallocated Corporate Assets 1,27967 1,24208 11939 1,27967 11939 1,19842 Segment Liabilites Investment 58574 52126 39275 58574 39275 43649 Constructions 3209 3074 5832 3209 5832 3817 Total 61783 55199 45107 1 61783 45107 47466 Unallocated Corporate Liabilites 1,19904 1,12430 4987 1,19904 4987 1,12430 Total Liabilities ' 1,81687 1,67630 50094 1,81687 50094 1,59897 Notes: 1) Above unaudited standalone financial results were reviewed by the Audit Committee and thereafter approved by the Board of Directors at their meeting held on 14th November, 2018 2) The Statutory Auditors have carried out limited review of the financial results of Company 3)The main activities ofthe Company includes Investment & Constructions 4) Previous year figure have been regrouped/reclassified wherever necessary FOR CORAL INDIA FINANCE AND H USI LIMITED DATE: 14112018 PLACE: MUMBAI I NAVIN B DOSHI MANAGING DIRECTOR DIN: 00232287
, ' Regd Office : Dalamal House, 4th Floor, Nariman Point, Mumbai 021 Tel : 2282 0375, 2282 2955, 2283 4389, 2285 3910, 2285 3911 Fax: 2282 5753 Email : cs@coralhousingin Website : wwwcoralhousingin CIN : L67190MH1995PLCOB4306 Assers Noncurrent Assets STATEMENT OF ASSETS AND LIABILITIES AS AT 30TH SEPTEMBER 2018 Particulars Property, Plant and Equipment Capital Work in Progress Investment property Other Intangible Assets Financial Assets [i)lnvestment5 (ii)loans (iii) Other non current financial assets Other Noncurrent Assets CURRENT ASSETS Inventories Financial Assets (i)lnvestments [iijtrade Receivables [iiijcash and Cash Equivalents [ivjbank Balance other than (iii) above Current Tax Assets[net] Other Current Assets Total NonCurrent Assets Total Current Assets As at 30092018 As at 31032018 UNAUDITED AUDITED (Rs in lacs) 19070 20072 39847 36937 1,03559 1,03559 002 002 5,36278 8,91942 1,83473 1,85273 1784 1566 1,79430 63369 10,63443 13,02720 1,30003 1,30226 13131 7619 2,23472 51347 2326 416 3,68932 1,89608 EQUITY 8: LIABILITIES Equity (a)equity Share Capital (bjother Equity Liabilities Non Current Liabilities Financial Liabilities (i) Borrowings [ii] Trade Payables [iii)0ther financial liabilities Security Deposits Provisions Deferred Tax Liabilities(Net) CURRENT LIABILITIES Financial Liabilities [i] Borrowings (ii) Trade Payables Other Current Liabilities Provisions Current Tax Liability (net) PLACE: MUMBAI DATE: 14112018 Total Non Total Assets Total Equity Current Liabilities Total Current Liabilities Total Liabilties Total Equity and Liabilties 14,32375 14,92323 99758 99758 11,50930 13,40339 12,50688 14,97 1182 1182 44634 35915 1667 739 1955 2005 49438 39841 11660 6851 1325 2923 1316 126 1,17948 2490 1,32249 12390 1,81687 52231 14,32375 14,92328 18sz / FOR CORAL INDIA FINAN AND HOUSIN (\jl J,/ AVIN B DOSHI MANAGING DIRECTOR
HASMUKH SHAH 8t COm LHAWRED KCOUNnNTi 4097410 Dalamal Chambers, New Marine Lines, Mumbai 020 t: 91224343 5565 r: 91424343 5565 e: h5 hscollpin I www hscollpm Independent Auditor's Review Report on Review of Interim Financial Results To, The Board of Directors Coral India Finance and Housing Limited We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of CORAL INDIA FINANCE AND HOUSING LIMITED ("the Company ), for the quarter and half year ended September 30, 2018, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No Cir/ CFD/FAC/62/2016, dated July 5, 2016 This financial results (Statement) which is responsibility of the Company s Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting (Ind AS 34), prescribed, under Section 133 of the Companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in India Our responsibility is to issue a report on the Statement based on review We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India Those standards require that we plan and perform the review to obtain reasonable assurance about whether the financial results are free of material misstatementls) A review is limited primarily to inquires of company personnel and analytical procedures applied to financial data and thus provides less assurance than audit We have not performed an audit and accordingly, we do not express an audit opinion Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the Statement prepared in accordance with the aforesaid Indian Accounting Standards and other recognized accounting principles and policies generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as modified by Circular No, Cir/ CFD/FAC/62/2016, dated July 5, 2016 including the manner in which it is to be disclosed or that it contains any material misstatement, For HASMUKH SHAH & CO LLP Chartered Accountants FRN : 103592W / W100028 KN Bhavesh Shah Partner M No 109213 Place : Mumbai Date :14/11/2018