Religare Enterprises Ltd

Religare Enterp. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Religare Enterprises Ltd

₹ 238 0.21%
29 Aug - close price
religare.com BSE: 532915 NSE: RELIGARE
About

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]

Key Points

Services
A)Lending (15% of the revenue in FY21) Lending and Investments, Financial Advisory Services, Distribution of Third-Party Financial Products. The Co. provides SME Finance through Religare Finvest Ltd.(RFL) and Affordable Housing Finance through Religare Housing Development Finance Corporation Ltd.(RHDFCL)
B)Health Insurance (74.5% of the revenue) Offers products in the retail segment for Health Insurance, Critical Illness, Personal Accident, Top-up Coverage, International Travel Insurance and Maternity along with Group Health Insurance and Group Personal Accident Insurance for corporates through Care Health Insurance Limited (formerly known as Religare Health Insurance Co. Ltd.)[1]
C)Retail Broking (8.5% of the revenue)Broking in Securities and Commodities, Custodial and Depository Operations, PMS, Institutional Equities and Investment Banking Services through Religare Broking Ltd.[2] [3]

Website BSE NSE
  • Market Cap ₹ 7,853 Cr.
  • Current Price ₹ 238
  • High / Low ₹ 320 / 202
  • Stock P/E 66.9
  • Book Value ₹ 76.1
  • Dividend Yield 0.00 %
  • ROCE 7.70 %
  • ROE 5.15 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 3.12 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 25.8%
  • Company has a low return on equity of 4.13% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Financial Services Financial Services Finance Investment Company

Part of BSE SmallCap BSE Allcap BSE Financial Services Nifty Microcap 250 Nifty Total Market

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
950.51 1,164.47 1,165.43 1,396.07 1,284.62 1,584.39 1,510.57 1,855.69 1,709.54 1,951.86 1,664.43 2,028.41 1,861.38
922.76 1,117.22 1,020.44 1,149.40 1,146.62 1,483.01 1,454.77 1,832.77 1,652.55 1,875.95 1,729.95 1,795.99 1,846.08
Operating Profit 27.75 47.25 144.99 246.67 138.00 101.38 55.80 22.92 56.99 75.91 -65.52 232.42 15.30
OPM % 2.92% 4.06% 12.44% 17.67% 10.74% 6.40% 3.69% 1.24% 3.33% 3.89% -3.94% 11.46% 0.82%
100.57 18.87 3.18 3,353.57 17.84 1.19 26.66 249.13 4.88 19.12 5.81 12.83 10.31
Interest 189.37 197.16 212.65 28.89 25.58 25.30 24.23 18.42 13.32 12.91 5.12 5.79 7.33
Depreciation 14.33 13.35 14.13 14.33 18.68 18.30 17.50 17.23 15.89 14.69 14.08 17.35 12.55
Profit before tax -75.38 -144.39 -78.61 3,557.02 111.58 58.97 40.73 236.40 32.66 67.43 -78.91 222.11 5.73
Tax % 1.09% 22.39% 21.55% 1.12% 17.08% 31.58% 17.55% 23.46% 17.88% -1.57% -19.79% 31.89% -42.58%
-76.20 -176.72 -95.55 3,517.09 92.53 40.36 33.58 180.96 26.81 68.49 -63.28 151.30 8.17
EPS in Rs -2.38 -6.49 -3.62 107.61 1.94 0.78 0.59 3.80 0.55 1.55 -1.30 3.00 0.31
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
3,361 4,128 4,895 3,709 2,675 2,371 2,384 2,513 3,227 4,679 6,266 7,354 7,506
1,585 2,006 3,710 1,659 2,841 3,005 2,341 2,235 3,592 4,196 5,898 7,054 7,248
Operating Profit 1,775 2,122 1,184 2,050 -167 -634 43 278 -364 483 368 300 258
OPM % 53% 51% 24% 55% -6% -27% 2% 11% -11% 10% 6% 4% 3%
25 58 1,012 -316 60 10 -157 17 137 3,473 263 43 48
Interest 1,584 1,658 1,879 1,840 1,271 854 855 733 750 641 112 37 31
Depreciation 34 37 36 31 30 26 61 59 53 56 72 62 59
Profit before tax 182 485 282 -136 -1,407 -1,504 -1,030 -497 -1,031 3,259 448 243 216
Tax % 85% 34% 79% -10% -16% -0% 1% -4% 49% 3% 22% 25%
27 321 61 -124 -1,181 -1,501 -1,038 -478 -1,539 3,169 347 183 165
EPS in Rs -4.63 8.62 -2.67 -9.77 -58.56 -59.33 -36.12 -19.60 -48.43 95.24 7.06 3.79 3.56
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: 25%
3 Years: 32%
TTM: 13%
Compounded Profit Growth
10 Years: -2%
5 Years: 17%
3 Years: 28%
TTM: 78%
Stock Price CAGR
10 Years: -2%
5 Years: 44%
3 Years: 16%
1 Year: -14%
Return on Equity
10 Years: %
5 Years: %
3 Years: 4%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 150 178 178 178 178 217 258 259 319 324 330 331
Reserves 2,982 3,705 3,660 2,549 1,658 616 -157 -306 -1,301 1,734 2,013 2,185
14,073 16,491 20,247 14,956 9,945 6,717 5,356 4,940 4,878 841 443 233
3,920 5,064 3,344 3,355 2,081 2,023 2,673 3,832 5,467 5,193 6,789 8,480
Total Liabilities 21,125 25,439 27,429 21,038 13,862 9,573 8,130 8,725 9,362 8,092 9,575 11,229
1,981 2,128 1,785 103 80 83 175 117 127 196 161 151
CWIP 12 4 4 12 11 14 13 12 2 5 6 2
Investments 3,344 4,363 2,700 1,983 1,197 1,438 2,023 3,190 3,836 5,094 6,718 8,700
15,788 18,944 22,941 18,940 12,574 8,038 5,919 5,406 5,397 2,797 2,690 2,376
Total Assets 21,125 25,439 27,429 21,038 13,862 9,573 8,130 8,725 9,362 8,092 9,575 11,229

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1,634 -706 -2,154 5,871 5,802 3,555 2,433 1,373 1,596 1,506 1,500 1,572
-403 -612 499 2,149 -457 -31 -436 -1,181 -689 -939 -1,348 -1,185
-1,400 1,094 1,853 -7,696 -6,455 -3,819 -1,743 -314 559 -2,079 -156 -285
Net Cash Flow -169 -224 198 324 -1,110 -295 254 -122 1,466 -1,512 -4 102

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 52 52 35 60 42 53 14 28 21 14 14 4
Inventory Days
Days Payable
Cash Conversion Cycle 52 52 35 60 42 53 14 28 21 14 14 4
Working Capital Days -303 -326 -257 -187 -250 -224 -352 -264 -387 -275 -291 -273
ROCE % 11% 11% 9% 10% -1% -7% -0% 4% -6% 16% 9% 8%

Shareholding Pattern

Numbers in percentages

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.67% 25.83%
19.60% 18.79% 18.30% 19.48% 11.75% 9.89% 7.91% 8.49% 8.01% 8.05% 8.25% 8.10%
5.63% 7.18% 7.42% 7.00% 7.84% 7.75% 8.17% 10.99% 13.43% 13.14% 11.76% 11.62%
74.77% 74.02% 74.27% 73.52% 80.41% 82.36% 83.92% 80.51% 78.56% 78.82% 54.32% 54.45%
No. of Shareholders 55,22259,75259,29257,93961,53569,31184,52783,05079,94680,23674,21374,058

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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Concalls

  • Aug 2023
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  • May 2016
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  • Feb 2016
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  • Nov 2015
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  • Aug 2015
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