Religare Enterprises Limited

Religare Enterprises Limited

208.01
INR
-4.53
(-2.13%)
0.54EPS
181.50P/E
92.22BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
114.41
135.02
147.76
114.95
69.62
68.71
50.06
64.98
81.44
115.11
25.64
221.81
253.07
265.54
Basic EPS, GAAP
-5.12
8.6
-2.86
-9.78
-58.58
-63.32
-39.55
-19.65
-51.33
2.71
7.13
3.77
2.59
1.49
Free Cash Flow per Basic Share
109.07
-40.35
-120.85
328.72
323.47
173.19
102.13
52.34
51.75
45.68
45.25
45.37
54.54
- -
Dividend per Share
4.99
8.42
9.07
2.11
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
209.32
217.79
215.21
160.42
101.43
38.4
3.91
-1.82
-30.81
63.6
71.06
76.07
87.36
- -
Tangible Book Value per Share
82.9
103.24
120.17
156.83
97.82
35.29
1.47
-4.1
-32.46
62.04
69.68
74.97
86.51
- -
Basic Weighted Avg Shares
150
175
178
178
178
203
236
259
301
321
327
330
331
333
Sales/Revenue/Turnover
17,108
23,612
26,350
20,500
12,424
13,967
11,803
16,814
24,494
36,929
8,377
73,268
83,859
88,367
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
16.88
2.74
-0.03
0.08
Depreciation Expense
341
369
359
310
301
257
608
588
534
561
717
620
471
522
Net Income, GAAP
-693
1,538
-477
-1,743
-10,450
-12,872
-9,325
-5,085
-15,439
869
2,329
1,246
860
496
Effective Tax Rate (%)
85.4
33.85
78.61
- -
- -
- -
- -
- -
- -
2.76
22.4
24.89
16.16
- -
Profit Margin (%)
-4.05
6.51
-1.81
-8.5
-84.11
-92.16
-79
-30.24
-63.03
2.35
27.8
1.7
1.03
0.56
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-4,096
-49,192
-65,926
- -
LT Debt
141,213
164,891
204,185
150,117
99,540
67,203
54,520
48,581
47,936
7,580
794
747
1,746
- -
Total Equity
34,133
41,284
40,483
34,369
22,550
10,522
1,943
2,978
-5,321
26,775
31,746
34,361
38,775
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
9.96
4.33
0.58
- -
Return on Capital (%)
-0.96
-0.07
-0.69
- -
- -
- -
- -
- -
- -
-77.82
5.36
1.86
2.51
- -
Return on Common Equity (%)
-2.45
4.29
-1.32
-5.21
-44.75
-97.4
-199.66
- -
- -
- -
10.58
5.13
3.17
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
3,186
- -
LT Borrowings
- -
1,003
- -
LT Finance Leases
- -
743
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
333
333
341
Market Capitalization
82,110
67,294
92,222

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
37,312
- -
Cash, Cash Equivalents & STI
- -
30,633
- -
Accounts Receivable, Net
- -
1,189
- -
Inventories
- -
24
- -
Total Current Liabilities
- -
103,238
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
3,186
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-97.33%
-168.44%
12.85%
Free Cash Flow
-45.6%
6.38%
20.61%
Net Income, GAAP
90.39%
37.68%
-31.02%
Sales/Revenue/Turnover
78.6%
161.64%
14.45%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
13,879
19,470
16,636
20,221
73,268
2026
18,495
20,457
20,423
24,595
83,859
2027
22,893
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.55
1.55
-1.3
3
3.77
2026
0.31
1.17
-1.37
2.47
2.59
2027
-0.78
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Arjun Lamba
Full Time Employees
30
Sector
Finance
Industry
Multi-line insurance
Address
Max House Noida UP India 110020
IPO Date
Oct 29, 2007
Business
Religare Enterprises Limited (REL) is a diversified financial services holding company that provides an integrated suite of offerings through its subsidiaries and operating entities, including small and medium enterprise (SME) loans via Religare Finvest; affordable housing finance through Religare Housing Development Finance Corp; retail broking in equities, currencies, commodities, and depository participant services via Religare Broking Limited; health insurance products such as individual health plans, critical illness coverage, personal accident, top-up, international travel, and maternity insurance, as well as group health and accident policies through Religare Health Insurance; investment banking and securities trading via Religare Capital Markets; asset and wealth management services; mutual fund distribution; and e-governance services as a NSDL-appointed Aadhaar enrolment agency. The company, founded in 1984 and headquartered in New Delhi, India, operates primarily in India with over 1,275 locations across more than 400 cities, serving mass retail customers, affluent individuals, high-net-worth clients, SMEs, mid-size corporates, and institutional investors; it maintains a strategic overseas presence in regions including the UK, Hong Kong, Singapore, Australia, the Middle East, Sri Lanka, and the US. REL is listed on the BSE and NSE under the ticker RELIGARE.NS. In recent developments, the Burman Group, promoters of Dabur India, acquired control of REL in February 2025 through entities including M.B. Finmart Private Limited, Puran Associates Private Limited, VIC Enterprises Private Limited, and Milky Investment and Trading Company following an open offer for up to 26% stake valued at Rs 2,116 crore, positioning them as the new promoters committed to enhancing governance, stability, and growth; additionally, in September 2025, REL raised INR 3.75 billion via issuance of 63.83 million warrants to investors including JM Financial Credit Solutions and family offices, exercisable at INR 176.25 within 18 months to support capital needs for subsidiaries like Religare Finvest and housing finance; the company also plans fresh equity infusion of around Rs 2,000 crore and potential rebranding under Burman oversight.