High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Balance Sheet: Reasonably good balance sheet.
Growth: Awesome revenue growth! Revenue grew 18.9% over last year and 75.6% in last three years on TTM basis.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Size: Market Cap wise it is among the top 20% companies of india.
Dividend: Stock hasn't been paying any dividend.
Past Returns: In past three years, the stock has provided 4.5% return compared to 6.9% by NIFTY 50.
Valuation | |
|---|---|
| Market Cap | 8.77 kCr |
| Price/Earnings (Trailing) | 172.54 |
| Price/Sales (Trailing) | 0.98 |
| EV/EBITDA | 81.43 |
| Price/Free Cashflow | 4.85 |
| MarketCap/EBT | 1.83 K |
| Enterprise Value | 8.18 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 8.98 kCr |
| Rev. Growth (Yr) | 26% |
| Earnings (TTM) | 18.06 Cr |
| Earnings Growth (Yr) | -674.9% |
Profitability | |
|---|---|
| Operating Margin | 0.00% |
| EBT Margin | 0.00% |
| Return on Equity | 0.47% |
| Return on Assets | 0.12% |
| Free Cashflow Yield | 20.6% |
Growth & Returns | |
|---|---|
| Price Change 1W | 10.3% |
| Price Change 1M | 0.00% |
| Price Change 6M | 23.9% |
| Price Change 1Y | -2.2% |
| 3Y Cumulative Return | 4.5% |
| 5Y Cumulative Return | 10.4% |
| 7Y Cumulative Return | 35.1% |
| 10Y Cumulative Return | -0.50% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -2.18 kCr |
| Cash Flow from Operations (TTM) | 1.82 kCr |
| Cash Flow from Financing (TTM) | 689.77 Cr |
| Cash & Equivalents | 588.07 Cr |
| Free Cash Flow (TTM) | 1.81 kCr |
| Free Cash Flow/Share (TTM) | 52.97 |
Balance Sheet | |
|---|---|
| Total Assets | 14.51 kCr |
| Total Liabilities | 10.63 kCr |
| Shareholder Equity | 3.88 kCr |
| Net PPE | 106.7 Cr |
| Inventory | 2.35 Cr |
| Goodwill | 9.72 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | -0.89 |
| Interest/Cashflow Ops | 42.84 |
Dividend & Shareholder Returns | |
|---|---|
| Shares Dilution (1Y) | 3.2% |
| Shares Dilution (3Y) | 5.3% |
Balance Sheet: Reasonably good balance sheet.
Growth: Awesome revenue growth! Revenue grew 18.9% over last year and 75.6% in last three years on TTM basis.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Size: Market Cap wise it is among the top 20% companies of india.
Dividend: Stock hasn't been paying any dividend.
Past Returns: In past three years, the stock has provided 4.5% return compared to 6.9% by NIFTY 50.
Investor Care | |
|---|---|
| Shares Dilution (1Y) | 3.2% |
| Earnings/Share (TTM) | 1.49 |
Financial Health | |
|---|---|
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 79.51 |
| RSI (5d) | 93.74 |
| RSI (21d) | 50.29 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Sell |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Summary of Religare Enterprises's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management expressed a positive outlook for Religare Enterprises Limited, emphasizing their commitment to building a profitable and sustainable business model. Major forward-looking points include:
Significant Leadership Changes: The company has strengthened its governance by reconstituting its Board, with key appointments including Mr. Arjun Lamba as Executive Director and other experienced individuals in leadership roles across subsidiaries.
Capital Infusion: The promoters committed to a preferential rights issue, investing INR 750 crores, with an overall current shareholding of around 30.3%. This is expected to increase upon converting outstanding warrants.
Demerger Strategy: A demerger scheme is aimed at creating two focused entities; Religare Enterprises will concentrate on health insurance while Religare Finvest (RFL) will handle lending and financial services. Shareholders will receive 1 RFL share for every REL share they hold post-demerger.
Financial Performance: In FY '26, total income increased to INR 8,493 crores from INR 7,405 crores. PAT stood at INR 73.16 crores. Notable results include Care Health Insurance generating a gross written premium (GWP) of INR 11,417 crores, alongside a profit before tax (PBT) of INR 539 crores.
Projected Growth Rates: Care Health aims for a sustainable growth rate between 18-24% in the next few years, leveraging industry tailwinds and a robust market position in retail health insurance.
Focus on Turnaround: The management indicated that the NBFC sector is showing profitability, the broking business is on track to recover, and housing finance is anticipated to achieve profitability within 12 to 18 months.
Overall, the management's narrative reflects optimism about operational efficiencies, capital readiness, and structured growth across their business segments.
Q1: Sarvesh Gupta: Can you elaborate on avoiding the holding company discount now that the promoters have increased their stake?
A1: Yes, the promoters have increased their stake by roughly 4%, which should take it close to about 34% post-warrant conversion. We acknowledge concerns regarding the holding company discount and aim to create a clean structure separating financial services from insurance. As we progress, we will address these concerns appropriately.
Q2: Adarsh: Regarding Care's profitability, what is the sustainable growth outlook?
A2: We anticipate maintaining a growth rate between 18% to 24% over the next few years. The health insurance sector is experiencing robust growth, and I am optimistic that we will capitalize on these tailwinds effectively.
Q3: Niharika Karnani: How do you plan to ramp up the NBFC division and deploy excess capital?
A3: We plan to create a multi-product NBFC with both secured and unsecured products over the next couple of quarters. Our technology platform is key to facilitating this launch, ensuring we have the right infrastructure in place.
Q4: Vikas Srivastava: Can the current demerger scheme be amended regarding promoter stake?
A4: We do not wish to amend the current scheme. Time will tell how we can increase our stake and engage with other partners, but we are aware of stakeholder sentiments and will keep all avenues of restructuring in consideration.
Q5: Parvesh Patel: Can you outline your strategic roadmap for the next 2-3 years?
A5: We raised INR 1,500 crores to fund growth in business sectors: INR 600 crores for Care, INR 250 crores for housing finance, and INR 200 crores for broking. Each entity plans to scale significantly, and we will update on specific business plans each quarter.
Analysis of Religare Enterprises's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Jun 30, 2026
| Description | Share | Value |
|---|---|---|
| (d) Insurance | 94.4% | 2.2 kCr |
| (b) Broking Related Activities | 3.6% | 84.3 Cr |
| (a) Investment and Financing Activities | 1.4% | 32.2 Cr |
| (c) E-Governance | 0.7% | 16.5 Cr |
| Total | 2.4 kCr |
Understand Religare Enterprises ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| PURAN ASSOCIATES PRIVATE LIMITED | 10.4% |
| VIC ENTERPRISES PRIVATE LIMITED | 8.57% |
| M B FINMART PRIVATE LIMITED | 5.51% |
| ASHISH DHAWAN | 5.24% |
| MOTILAL OSWAL LONG TERM EQUITY FUND | 4.91% |
| CHANDRAKANTA | 4.61% |
| ELLIPSIS PARTNERS LLC | 4.45% |
| QUICK TRADING AND INVESTMENT ADVISORS LLP | 3.28% |
| MILKY INVESTMENT AND TRADING COMPANY | 2.94% |
| SHIVANI BURMAN | 2.75% |
| GYAN ENTERPRISES PVT LTD | 0.39% |
| MINNIE BURMAN | 0% |
| ANAND CHAND BURMAN | 0% |
| MOHIT BURMAN | 0% |
| VIVEK CHAND BURMAN | 0% |
| ADITYA CHAND BURMAN | 0% |
| ANISHA BURMAN | 0% |
| MONICA BURMAN | 0% |
| GAURAV BURMAN | 0% |
| BETTEROPTION ESTATES PVT LTD | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Religare Enterprises against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| BAJFINANCE | Bajaj Finance | 6.6 LCr | 86.17 kCr | -8.50% | +13.40% | 32.47 | 7.66 | - | - |
| MOTILALOFS | Motilal Oswal Financial Services | 62.44 kCr | 10.1 kCr | +17.80% | +19.10% | 31.5 | 6.18 | - | - |
| IIFL | IIFL FINANCE | 27.7 kCr | 14.36 kCr | +6.70% | +50.60% | 13.17 | 1.93 | - | - |
| EDELWEISS | Edelweiss Financial Services | 12.88 kCr | 11.01 kCr | +15.50% | +20.40% | 18.02 | 1.17 | - | - |
| GEOJITFSL | Geojit Financial Services | 2.31 kCr | 691.63 Cr | +7.50% | +8.30% | 31.82 | 3.34 | - | - |
Comprehensive comparison against sector averages
RELIGARE metrics compared to Finance
| Category | RELIGARE | Finance |
|---|---|---|
| PE | 172.54 | 17.32 |
| PS | 0.98 | 1.79 |
| Growth | 18.9 % | 21.1 % |
Religare Enterprises Limited operates as an investment company in India. The company provides broking services in equities, currencies, and commodities; depository participant services; tax information network (TIN) and income tax permanent account number (PAN) facilities; and tax deduction and collection account number (TAN) and tax deduction at source (TDS)/tax collection at source (TCS) filing services, as well as operates as a National Securities Depository Limited (NSDL)-appointed enrolment agency for Aadhaar unique identification number and an AMFI-registered mutual fund distributor. It also offers finance for small and medium enterprises; and housing finance services, including home-purchase, home construction, and home improvement loans. In addition, the company provides e-governance and financial inclusion services; issues digital signature certificates and USB tokens; and citizen e-services, other ancillary, and allied services. Further, it offers health insurance services to employees of corporates, and individual customers. Additionally, the company provides critical illness, personal accident, top-up coverage, international travel, and maternity insurance products, as well as group health and personal accident insurance for corporates. Religare Enterprises Limited was incorporated in 1984 and is headquartered in New Delhi, India.
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RELIGARE vs Finance (2021 - 2026)