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NIFTY 5024,980.40+0.35%
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GOLD 24K (10g)₹75,420+0.38%
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Religare Enterprises Limited

Religare Enterprises Limited

NSE: RELIGARE
Insurance - LifeFinancial ServicesMID CAPMCap ₹7.50k Cr
₹217.59₹-2.98 (-1.35%)

Market Closed • NSE

Market cap₹7.50k Cr
Enterprise value₹7.16k Cr
P/E TTM148.02
P/B2.49
EPS TTM₹1.47
ROCE3.50%
D/E0.13
Dividend yield0.00%
Face value₹10.00
52W high₹280.00
52W low₹196.51
Price chart(1Y)
1Y Return:-4.62% (₹10.55)
H: ₹280L: ₹216.05
1W-2.62%
1M-15.92%
3M-17.03%
6M-1.20%
1Y-14.25%
Today at a glance

Day range

₹216.05₹222.75

52 week range

₹196.51₹280.00
Volume837.5K1.16x 20D avg
Free float50.00%+15.70% volume

Religare Enterprises Limited closed at INR217.59 (-1.35%) on volume 1.16x its 20-day average, trading 22.29% below its 52-week high.

Technical analysis
RSI (14)29.1Oversold
MACDBEARISHBearish (Below signal)
ATR (14)₹6.99High
SMA 20₹239.13BEARISH
SMA 50₹240.90BEARISH
SMA 100₹246.75BEARISH
SMA 200₹237.96BEARISH
CPR bottom₹221.88
Pivot₹221.44
CPR top₹221.01
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -149% QoQ

2024-12-24

AGM Announced

Annual General Meeting

2023-09-20

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL4/4 criteria
Non-Compliant (Business Activity)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹493.2 Cr₹7.50k Cr6.58%≤ 33%PASS
Non-halal income ratio–₹8.41k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹13.92k Cr₹14.51k Cr95.95%≥ 20%PASS
Receivables ratio–₹14.51k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E148.0217.10
Forward P/E——
P/B2.491.60
EV/EBITDA—18.00
PEG—0.50
Earnings yield0.705.80
Growth & profitability
RevenuePAT
FY24PAT margin 5.50%
FY25PAT margin 2.50%
FY26PAT margin 0.90%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+4.40%
Revenue CAGR 5Y+58.60%
PAT CAGR 3Y-22.30%
PAT CAGR 5Y-18.10%
Operating margin-2.62%
Net margin0.55%
Financial health & cash flow
Net debt–Moderate
Interest coverage2.50xEBIT / interest
CFO / PAT18.21x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹1.82k Cr
Capital expenditure–
Free cash flow₹1.81k Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall55/100
Valuation35/100
Profitability50/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.13x

High Cash Flow Conversion: CFO/PAT averaged 18.21x over last 3 years

Risks

Stretched Valuation: Trading at a high P/E multiple of 148.0x

Bull case

Market Leadership: Established operational scale in Insurance - Life.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

90%60%30%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
16.37%Institutional holding
53.36%Public holding
5Periods available
0.00%Promoter pledged
73.41KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
—Annual General MeetingAnnual General Meeting—24 Dec 2024
—Annual General MeetingAnnual General Meeting—20 Sept 2023
—Annual General MeetingAnnual General Meeting—15 Sept 2022
—Annual General MeetingAnnual General Meeting—21 Sept 2021
—Annual General MeetingAnnual General Meeting—09 Dec 2020
—Annual General MeetingAnnual General Meeting—18 Sept 2019
—Annual General MeetingAnnual General Meeting—11 Sept 2018
—Annual General MeetingAnnual General Meeting—12 Sept 2017
—Annual General MeetingAnnual General Meeting—25 Aug 2016
—Annual General MeetingAnnual General Meeting—03 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)55.72%-7.42% latest vs average
Highest delivery74.00%on 23 Sept
Average volume (20D)797.1KTrading-session average
Conviction trendWeakening-7.42% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
HDFC Bank Limited
HDFC Bank LimitedHDFCBANK
Open analysis
₹10.90L15.461.88%₹46,355.55₹19,059.72-45.69%+17.23%
ICICI Bank Limited
ICICI Bank LimitedICICIBANK
Open analysis
₹9.73L17.520.89%₹32,960.41₹16,276.00-35.98%+12.59%
State Bank of India
State Bank of IndiaSBIN
Open analysis
₹8.85L10.281.85%₹62,915.13₹25,121.00-29.09%+13.56%
Bajaj Finance Limited
Bajaj Finance LimitedBAJFINANCE
Open analysis
₹5.97L29.480.56%₹13,929.00₹6,081.00+17.62%+27.62%
Life Insurance Corporation of India
Life Insurance Corporation of IndiaLICI
Open analysis
₹4.99L8.302.64%₹2.40L₹13,584.00+6.76%+24.00%
Kotak Mahindra Bank Limited
Kotak Mahindra Bank LimitedKOTAKBANK
Open analysis
₹4.39L21.620.15%₹11,266.63₹5,480.00-41.22%+22.54%
Axis Bank Limited
Axis Bank LimitedAXISBANK
Open analysis
₹3.92L14.160.08%₹21,381.52₹7,114.00-3.52%+22.53%
Bajaj Finserv Ltd.
Bajaj Finserv Ltd.BAJAJFINSV
Open analysis
₹2.78L27.540.08%₹42,036.90—+39.05%—
About Religare Enterprises Limited
Religare Enterprises Limited

Religare Enterprise Ltd, incorporated in 1984, is a diversified financial services company with presence all over India, operating through its subsidiaries. The Co. provides loans to SMEs, Affordable Housing Finance, Health Insurance and Retail Broking. REL’s subsidiaries service over 11 lakh clients from over 1,275 locations having presence in more than 400 cities.[1][2]

IndiaFinancial Services

Questions investors ask
Is Religare Enterprises Limited Shariah compliant?

Religare Enterprises Limited is currently screened as Non-Compliant (Business Activity) under AAOIFI Shariah Standard No. 21. Business activity in non-permissible sector: /\bfinancial services\b/i Debt to Market Cap (6.58%) complies with AAOIFI threshold (≤ 33%).

What is Religare Enterprises Limited's current valuation relative to peers?

Religare Enterprises Limited trades at a P/E of 148.0x compared to the sector median of 17.1x, and a Price-to-Book of 2.5x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.13x. Interest coverage is 2.5x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 58.6% while net profit growth averaged -18.1%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.