Religare Enterprises Limited RELIGARE NSEFINANCIAL
Company Overview
Religare Enterprises Limited, through its subsidiaries, provides various financial services in India and internationally. It operates through Investment and Financing Activities; Broking Related Activities; E-Governance; and Insurance segments. The company provides small and medium enterprise financing; and housing finance products comprising home-purchase, home construction, and home improvement loans. It also offers broking services in equity, currency, and commodity; and depository participant services, as well as operates as a NSDL-appointed enrolment agency for Aadhaar Unique Identification Number, and a mutual fund distributor. In addition, the company provides health, critical illness, personal accident, top-up coverage, international travel, and maternity insurance products, as well as group health and personal accident insurance for corporates. Further, the company engages in the permanent account number issuance; tax deduction and collection account number and e-TDS returns; acting as a business correspondent for banking services; bharat bill payment systems and recharges; ticketing for airlines, railways, buses, and tourism through online and offline platforms; digital signature certificate and token services; and operating as a central record keeping agency facilitation center. The company was incorporated in 1984 and is headquartered in New Delhi, India.
Why Investors Should Care
Revenue has grown at a 31.6% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.17.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹8,408.89 Cr (+14.7% YoY); net profit ₹85.96 Cr.
- Trailing 12 Months Year-on-year growth — revenue +14.7%, earnings -31.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 31.6%, profit CAGR -0.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 31.56% |
| 1 Year: | 14.73% |
Compounded Profit Growth
| 5 Years: | -0.37% |
| 1 Year: | -31.02% |
Stock Price Performance
| 1 Year: | +2.50% |
| 6 Months: | +23.89% |
| 3 Months: | +13.40% |
| 1 Month: | +0.21% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)64.22 · Neutral
P/E of 99.26 is above the sector median of 19.62 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 31.6% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 99.3.
- Earnings shrank at -0.4% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | RELIGARE Religare Enterprises Limited NSEFINANCIAL | 257.08 | 99.26 | ₹8,772.44 Cr | 0.00% | 1.01% | 2.96% | 31.56% | -0.37% |
| 2 | HDFCBANK HDFC Bank Limited NIFTY50NSEAIFINANCIAL | 712.10 | 15.57 | ₹10.96 L Cr | 1.77% | - | 8.63% | 16.90% | 12.47% |
| 3 | ICICIBANK ICICI Bank Limited NIFTY50NSEAIFINANCIAL | 1,423.20 | 19.03 | ₹10.19 L Cr | 0.82% | - | 14.93% | 18.11% | 16.78% |
| 4 | SBIN State Bank of India NIFTY50NSEAIFINANCIALPSU | 1,016.10 | 11.15 | ₹9.38 L Cr | 1.60% | - | 13.97% | 12.19% | 14.39% |
| 5 | BAJFINANCE Bajaj Finance Limited NIFTY50NSEAIFINANCIAL | 1,060.50 | 34.76 | ₹6.60 L Cr | 0.47% | - | 16.68% | 22.58% | 18.23% |
| 6 | LICI Life Insurance Corporation of India NIFTY_MIDNSEFINANCIALPSU | 415.35 | 9.14 | ₹5.25 L Cr | 2.58% | - | 32.53% | 7.26% | 16.86% |
| 7 | KOTAKBANK Kotak Mahindra Bank Limited NIFTY50NSEAIFINANCIAL | 424.50 | 21.89 | ₹4.22 L Cr | 0.16% | - | 10.64% | 13.48% | 8.92% |
| 8 | AXISBANK Axis Bank Limited NIFTY50NSEAIFINANCIAL | 1,273.00 | 15.07 | ₹3.96 L Cr | 0.08% | - | 12.27% | 12.16% | 34.61% |
| 9 | BAJAJFINSV Bajaj Finserv Ltd. NIFTY50NSEAIFINANCIAL | 1,970.00 | 32.30 | ₹3.15 L Cr | 0.06% | - | 12.58% | 22.92% | 15.16% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,396.00 Cr | 1,285.00 Cr | 1,584.00 Cr | 1,511.00 Cr | 1,856.00 Cr | 1,710.00 Cr | - | - | 2,022.11 Cr | 1,570.12 Cr | 2,045.67 Cr | 2,042.28 Cr | 2,459.49 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 600.00 Cr | 668.02 Cr | - | 662.57 Cr | 688.43 Cr | 848.68 Cr |
| Gross Profit | - | - | - | - | - | - | - | 1,063.61 Cr | 1,354.09 Cr | - | 1,383.10 Cr | 1,353.85 Cr | 1,610.81 Cr |
| Operating Expenses | 1,149.00 Cr | 1,147.00 Cr | 1,483.00 Cr | 1,455.00 Cr | 1,833.00 Cr | 1,653.00 Cr | - | - | 1,134.15 Cr | 1,583.73 Cr | 1,334.36 Cr | 1,459.51 Cr | 1,479.78 Cr |
| Operating Income | 233.00 Cr | 119.00 Cr | 83.00 Cr | 38.00 Cr | 6.00 Cr | 41.00 Cr | - | -75.56 Cr | 219.94 Cr | - | 48.73 Cr | -105.66 Cr | 131.03 Cr |
| EBITDA | 247.00 Cr | 138.00 Cr | 101.00 Cr | 56.00 Cr | 23.00 Cr | 57.00 Cr | - | - | 245.25 Cr | 25.61 Cr | 79.35 Cr | -83.32 Cr | 148.49 Cr |
| Interest Expense | 29.00 Cr | 26.00 Cr | 25.00 Cr | 24.00 Cr | 18.00 Cr | 13.00 Cr | - | - | 5.79 Cr | 7.33 Cr | 9.76 Cr | 8.98 Cr | 9.74 Cr |
| Pretax Income | 3,557.00 Cr | 112.00 Cr | 59.00 Cr | 41.00 Cr | 236.00 Cr | 33.00 Cr | - | - | 222.11 Cr | 5.73 Cr | 57.45 Cr | -103.09 Cr | 127.17 Cr |
| Tax Provision | 35.57 Cr | 19.04 Cr | 18.88 Cr | 7.38 Cr | 54.28 Cr | 5.94 Cr | - | - | 71.39 Cr | -2.44 Cr | 11.52 Cr | -26.55 Cr | 31.52 Cr |
| Net Income | 3,517.00 Cr | 93.00 Cr | 40.00 Cr | 34.00 Cr | 181.00 Cr | 27.00 Cr | - | - | 98.48 Cr | 10.27 Cr | 38.83 Cr | -45.31 Cr | 82.21 Cr |
| Diluted EPS | 107.61 | 1.94 | 0.78 | 0.59 | 3.80 | 0.55 | - | - | 2.98 | 0.31 | 1.15 | -1.37 | 2.47 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,128.00 Cr | 4,895.00 Cr | 3,709.00 Cr | 2,675.00 Cr | 2,371.00 Cr | 2,384.00 Cr | 2,513.00 Cr | - | 3,692.88 Cr | 837.73 Cr | 7,329.10 Cr | 8,408.89 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | 2,117.32 Cr | 2,540.60 Cr | 2,748.27 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | - | -1,279.59 Cr | 4,788.50 Cr | 5,660.62 Cr |
| Operating Expenses | 2,006.00 Cr | 3,710.00 Cr | 1,659.00 Cr | 2,841.00 Cr | 3,005.00 Cr | 2,341.00 Cr | 2,235.00 Cr | - | 3,824.05 Cr | -1,420.98 Cr | 4,535.37 Cr | 5,572.03 Cr |
| Operating Income | 2,085.00 Cr | 1,148.00 Cr | 2,019.00 Cr | -197.00 Cr | -660.00 Cr | -18.00 Cr | 219.00 Cr | - | - | 141.39 Cr | 253.12 Cr | 88.59 Cr |
| EBITDA | 2,122.00 Cr | 1,184.00 Cr | 2,050.00 Cr | -167.00 Cr | -634.00 Cr | 43.00 Cr | 278.00 Cr | - | 3,941.23 Cr | 610.50 Cr | 342.44 Cr | 170.14 Cr |
| Interest Expense | 1,658.00 Cr | 1,879.00 Cr | 1,840.00 Cr | 1,271.00 Cr | 854.00 Cr | 855.00 Cr | 733.00 Cr | - | 626.45 Cr | 91.11 Cr | 37.14 Cr | 35.81 Cr |
| Pretax Income | 485.00 Cr | 282.00 Cr | -136.00 Cr | -1,407.00 Cr | -1,504.00 Cr | -1,030.00 Cr | -497.00 Cr | - | 3,258.63 Cr | 447.69 Cr | 243.30 Cr | 87.26 Cr |
| Tax Provision | 164.90 Cr | 222.78 Cr | 13.60 Cr | 225.12 Cr | 0 | -10.30 Cr | 19.88 Cr | - | 90.02 Cr | 100.27 Cr | 60.55 Cr | 14.10 Cr |
| Net Income | 321.00 Cr | 61.00 Cr | -124.00 Cr | -1,181.00 Cr | -1,501.00 Cr | -1,038.00 Cr | -478.00 Cr | - | 86.93 Cr | 232.91 Cr | 124.62 Cr | 85.96 Cr |
| Diluted EPS | 8.62 | -2.67 | -9.77 | -58.56 | -59.33 | -36.12 | -19.60 | - | 94.67 | 7.07 | 3.78 | 2.59 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 25,439.00 Cr | 27,429.00 Cr | 21,038.00 Cr | 13,862.00 Cr | 9,573.00 Cr | 8,130.00 Cr | 8,725.00 Cr | - | 8,093.89 Cr | 9,473.61 Cr | 11,228.84 Cr | 14,505.55 Cr |
| Current Assets | - | - | - | - | - | - | - | - | - | 5,736.27 Cr | 2,665.27 Cr | 2,381.24 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 343.72 Cr | 200.95 Cr | 302.67 Cr | 588.07 Cr |
| Inventory | - | - | - | - | - | - | - | - | - | 2.62 Cr | 2.82 Cr | 2.35 Cr |
| Receivables | - | - | - | - | - | - | - | - | - | 141.66 Cr | 84.90 Cr | 118.86 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 5,416.44 Cr | 6,298.99 Cr | 7,792.09 Cr | 10,628.03 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | - | 6,145.83 Cr | 7,583.79 Cr | 2,294.68 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | - | 0 | 41.30 L | 400.59 Cr |
| Total Debt | 16,491.00 Cr | 20,247.00 Cr | 14,956.00 Cr | 9,945.00 Cr | 6,717.00 Cr | 5,356.00 Cr | 4,940.00 Cr | - | 757.95 Cr | 442.60 Cr | 233.43 Cr | 493.23 Cr |
| Total Equity | 3,883.00 Cr | 3,838.00 Cr | 2,727.00 Cr | 1,836.00 Cr | 833.00 Cr | 101.00 Cr | -47.00 Cr | - | 2,057.69 Cr | 2,343.14 Cr | 2,515.82 Cr | 2,908.29 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 32.36 Cr | 32.97 Cr | 33.07 Cr | 34.12 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -706.00 Cr | -2,154.00 Cr | 5,871.00 Cr | 5,802.00 Cr | 3,555.00 Cr | 2,433.00 Cr | 1,373.00 Cr | - | 1,505.96 Cr | 1,499.62 Cr | 1,523.47 Cr | 1,819.96 Cr |
| Investing Cash Flow | -612.00 Cr | 499.00 Cr | 2,149.00 Cr | -457.00 Cr | -31.00 Cr | -436.00 Cr | -1,181.00 Cr | - | -938.79 Cr | -1,348.03 Cr | -1,184.71 Cr | -2,175.88 Cr |
| Financing Cash Flow | 1,094.00 Cr | 1,853.00 Cr | -7,696.00 Cr | -6,455.00 Cr | -3,819.00 Cr | -1,743.00 Cr | -314.00 Cr | - | -2,078.83 Cr | -155.85 Cr | -285.48 Cr | 689.77 Cr |
| Capital Expenditure | -26.00 Cr | -48.00 Cr | -24.00 Cr | -26.00 Cr | -33.00 Cr | -23.00 Cr | -18.00 Cr | - | -40.40 Cr | -21.41 Cr | -24.89 Cr | -12.52 Cr |
| Free Cash Flow | -732.00 Cr | -2,202.00 Cr | 5,847.00 Cr | 5,776.00 Cr | 3,522.00 Cr | 2,410.00 Cr | 1,355.00 Cr | - | 1,465.56 Cr | 1,478.22 Cr | 1,498.58 Cr | 1,807.44 Cr |
| Net Change in Cash | -224.00 Cr | 198.00 Cr | 324.00 Cr | -1,110.00 Cr | -295.00 Cr | 254.00 Cr | -122.00 Cr | - | -1,511.66 Cr | -4.26 Cr | 53.27 Cr | 333.85 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | -152.7% | 65.3% | 67.3% |
| Operating Margin % | 50.5% | 23.5% | 54.4% | -7.4% | -27.8% | -0.8% | 8.7% | - | - | 16.9% | 3.5% | 1.1% |
| Net Margin % | 7.8% | 1.2% | -3.3% | -44.1% | -63.3% | -43.5% | -19.0% | - | 2.4% | 27.8% | 1.7% | 1.0% |
| ROE % | 8.3% | 1.6% | -4.5% | -64.3% | -180.2% | -1,027.7% | 1,017.0% | - | 4.2% | 9.9% | 5.0% | 3.0% |
| ROCE % | - | - | - | - | - | - | - | - | - | 4.2% | 6.9% | 0.7% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for RELIGARE
Stocks to buy or sell: Ajit Mishra of Religare Broking suggests strategies for three shares; do you own any? - TradingView
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Religare Board Clears Q1 FY27 Unaudited Standalone Results After Limited Review - The Globe and Mail
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Stock of the day - LIC Housing Finance Ltd Target Rs. 603 - Religare Broking Ltd - Investment Guru
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Ace investor Ashish Dhawan picks up 35 lakh shares in Religare Enterprises; stock jumps 5% - The Economic Times
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Ashish Dhawan buys additional over 1% stake in Religare Enterprises for second consecutive session - Moneycontrol.com
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Religare Enterprises files FY26 business responsibility report - scanx.trade
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RELIGARE — Frequently Asked Questions
What is the current share price of Religare Enterprises Limited (RELIGARE)?
As of 2026-09-08 04:53 IST, Religare Enterprises Limited (RELIGARE) trades at ₹257.08 on NSE. Its 52-week range is ₹201.11 to ₹278.36.
What is the market capitalisation of RELIGARE?
Religare Enterprises Limited (RELIGARE) has a market capitalisation of ₹8,772.44 Cr on NSE.
What is the P/E ratio of RELIGARE?
RELIGARE trades at a trailing price-to-earnings (P/E) ratio of 99.26. The industry average P/E is 19.62. Its price-to-book (P/B) ratio is 2.66.
What is the return on equity (ROE) of RELIGARE?
RELIGARE has a return on equity (ROE) of 2.96%. Its return on capital employed (ROCE) is 1.01%.
Is RELIGARE a good stock to buy?
This page provides a data-driven analysis of Religare Enterprises Limited (RELIGARE), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.