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Religare Enterprises Limited (RELIGARE.NS)

INR262.25 -5.90 (-2.20%)
IN NSE Financial Services Financial - Diversified
Address 1407, Chiranjiv Tower 110019
New Delhi, IN
CEO Milind Narendra Patel
IPO 2007-11-21
ISIN INE621H01010

Explore sections of this company profile

Also trades on Bombay Stock Exchange · RELIGARE.BO (INR) National Stock Exchange of India · RELIGARE.NS (INR)
Description

Religare Enterprises Limited functions as an investment holding company, conducting operations across India and globally. The firm provides a broad spectrum of financial and ancillary services, including brokerage for equities, currencies, and commodities, as well as depository participant offerings. It also facilitates tax-related activities such as managing tax information networks, Permanent Account Number (PAN) services, and filing for tax deducted at source (TDS) and tax collected at source (TCS). Additionally, Religare is an NSDL-designated agency for Aadhaar unique identification number enrollments and an AMFI-registered distributor of mutual funds. The company extends financial assistance to small and medium-sized enterprises (SMEs) and offers housing finance options for home acquisition, construction, and renovation. Its portfolio further encompasses e-governance and financial advisory services, alongside the provision of digital signature certificates. In the insurance sector, Religare delivers health insurance solutions to both corporate clients and individual consumers. This includes specialized products covering critical illness, personal accidents, top-up plans, international travel, and maternity, in addition to group health and personal accident policies. Incorporated in 1984, Religare Enterprises Limited is based in New Delhi, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR262.25 -5.90 (-2.20%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
-0.38
Float Shares
160.93M
Free Float %
48.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.32% -0.67% -0.85% -2.52% -15.18% -10.24% +1.69% +30.68% +138.30% -19.99% -57.57%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
262.25
DCF (Unlevered) 874.90 +233.6%
DCF (Levered) 2,108.17 +703.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.14
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Financial - Diversified: +6.4%
    +15.2% Q1'26: +142.4% (vs Q1'25)
  • EPS growth Financial - Diversified: +31.3%
    -31.5% Q1'26: -17.4% (vs Q1'25)
  • FCF margin FCF growth · Financial - Diversified: +349.4%
    +30.5% Q1'26: +10.3% (vs Q1'25)
  • EBIT margin Financial - Diversified: +49.7%
    +1.0% Q1'26: +5.3% (vs Q1'25)
  • ROIC Financial - Diversified: +2.3%
    +2.7% Q1'26: +14.3% (vs Q1'25)
  • Share dilution Financial - Diversified: +0.6%
    +0.2% Q1'26: +0.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Diversified: -5.17×
    3.67× Q1'26: 0.89× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.59) × ERP
WACC = 94% × Ke + 6% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 874.90 Current price: 262.25
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2008
actual
Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Revenue
7.43B
est: 6.04B (+23.0%)
21.21B
est: 24.17B (-12.2%)
28.76B
est: 32.11B (-10.4%)
30.64B
est: 86.78B (-64.7%)
30.67B
est: 238.07B (-87.1%)
EBITDA
4.00B
est: 1.33B (+200.9%)
2.73B
est: -1.99B (+237.1%)
9.45B
est: -1.28B (+838.4%)
11.36B
est: -1.88B (+705.5%)
15.73B
est: 52.63B (-70.1%)
EBIT
3.74B
est: 1.24B (+201.7%)
1.76B
est: 13.82B (-87.3%)
8.61B
est: -4.74B (+281.6%)
10.76B
est: -3.00B (+459.2%)
15.39B
est: 49.09B (-68.6%)
Net Income
919.74M
est: 4.69B (-80.4%)
-3.01B
est: 3.89B (-177.2%)
-2.13B
est: -3.77B (+43.6%)
-5.54B
est: -5.84B (+5.1%)
-692.94M
SGA
998.11M
est: 500.61M (+99.4%)
3.01B
est: 14.93B (-79.8%)
2.01B
est: 21.26B (-90.5%)
1.67B
est: 46.87B (-96.4%)
1.87B
est: 19.82B (-90.6%)
EPS
12.82
est: 14.17 (-9.5%)
-22.98
-15.80
est: -20.67 (+23.6%)
-37.65
-5.20
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.51B
OE per share TTM
7.44
Owner's Yield
3.40%
Maintenance CapEx ratio
11.52%
Maint CapEx / Avg PPE
2.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
67.1K
Shares Outstanding
332.89M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Rajesh Sharma President of Internal Audit 49M male
Richa Mishra Director & Group Head - HR 17M
Abhishek Pasarij Senior Vice President of Taxation 13M
Sanjeev Tandon Senior Vice President of Finance & Accounts 11M male
Milind Narendra Patel Group Chief Executive Officer male
Pratul Gupta Chief Financial Officer male
Rajiv Ranjay Sarkar Senior Vice President of PR & Marketing male
Sunil Kumar Garg President of Treasury male
Arjun Lamba Executive Director male
Babu Rao Group General Counsel & Group Chief Compliance Officer male
Indranil Choudhury Group Chief Human Resource Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits