Religare Enterprises Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Low debt relative to equity (D/E 0.1x)
Concerns
- Low capital efficiency (ROCE 3.5%)
- Premium to sector peers (P/E 146x vs industry 33.1x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹685 | ₹10.7L Cr | 13.3 | 1.75 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,378 | ₹10.0L Cr | 17 | 2.55 | 15.9 | 7.18 | — |
| SBIN State Bank of India | ₹957 | ₹8.8L Cr | 10.5 | 1.42 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹917 | ₹5.8L Cr | 26.4 | 4.63 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹391 | ₹4.8L Cr | 8.03 | 2.8 | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹440 | ₹4.3L Cr | 20.2 | 2.24 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,220 | ₹3.8L Cr | 12.7 | 1.65 | 13.1 | 6.24 | — |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
RELIGARE · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | — | — | — | — | — | 25.67% |
| FII | 9.89% | 7.91% | 8.49% | 8.01% | 8.05% | 8.25% |
| DII | 7.75% | 8.17% | 10.99% | 13.43% | 13.14% | 11.76% |
| Public | 82.36% | 83.92% | 80.51% | 78.56% | 78.82% | 54.32% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
Annual General Meeting
Annual General Meeting
Latest News
All newsReligare recommends RIL buy with 47% upside pre-Jio IPO
*Religare recommends buying Reliance Industries ahead of Jio's IPO, citing **47% upside potential**.* The brokerage believes pre-IPO positioning could deliver strong returns. Jio's market valuation and RIL's strategic moves are key catalysts. Analysts expect investor interest to surge as IPO nears. 📊 *STOCKS:* $RELIANCE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #BrokerRecommendation
Religare appoints key official in subsidiary
*Religare appoints key official in subsidiary.* The move is part of a strategic restructuring within its subsidiary firm. No financial details or broader operational impact disclosed. 📊 *STOCKS:* RELIGARE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Subsidiary
SEBI closes case against Religare and Rashmi Saluja
*SEBI closes case against Religare and Rashmi Saluja.* The regulator dropped proceedings related to non-cooperation in the Burman group's open offer. No penalties or admissions of guilt were disclosed. The closure ends a prolonged legal uncertainty. 📊 *STOCKS:* RELIGARE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Legal
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.5K Cr 20.0% | ₹2.1K Cr 1.0% | ₹2.1K Cr 11.6% | ₹1.9K Cr 8.9% | ₹2.0K Cr 22.4% | ₹1.7K Cr 14.5% | ₹2.0K Cr 14.2% | ₹1.7K Cr |
| Op. Profit | ₹143 Cr 250.5% | ₹-95 Cr 241.8% | ₹67 Cr 346.7% | ₹15 Cr 93.7% | ₹237 Cr 488.5% | ₹-61 Cr 180.3% | ₹76 Cr 33.3% | ₹57 Cr |
| OPM | 6.0% 230.4% | -4.6% 243.8% | 3.2% 300.0% | 0.8% 93.3% | 12.0% 424.3% | -3.7% 194.9% | 3.9% 18.2% | 3.3% |
| Net Profit | ₹96 Cr 224.7% | ₹-77 Cr 267.4% | ₹46 Cr 475.0% | ₹8 Cr 94.7% | ₹151 Cr 339.7% | ₹-63 Cr 191.3% | ₹69 Cr 155.6% | ₹27 Cr |
| EPS (₹) | 2.47 281.6% | -1.36 216.2% | 1.17 277.4% | 0.31 89.6% | 2.98 329.2% | -1.3 183.9% | 1.55 181.8% | 0.55 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹8.5K Cr 14.4% | ₹7.4K Cr 18.0% | ₹6.3K Cr 33.9% | ₹4.7K Cr 45.0% | ₹3.2K Cr 28.4% | ₹2.5K Cr 5.4% | ₹2.4K Cr 0.5% | ₹2.4K Cr 11.4% | ₹2.7K Cr 27.9% | ₹3.7K Cr |
| Expenses | ₹8.3K Cr 18.0% | ₹7.0K Cr 19.3% | ₹5.9K Cr 40.6% | ₹4.2K Cr 16.8% | ₹3.6K Cr 60.7% | ₹2.2K Cr 4.5% | ₹2.3K Cr 22.1% | ₹3.0K Cr 5.8% | ₹2.8K Cr 71.2% | ₹1.7K Cr |
| Op. Profit | ₹156 Cr 56.2% | ₹356 Cr 3.3% | ₹368 Cr 23.8% | ₹483 Cr 232.7% | ₹-364 Cr 230.9% | ₹278 Cr 546.5% | ₹43 Cr 106.8% | ₹-634 Cr 279.6% | ₹-167 Cr 108.1% | ₹2.0K Cr |
| OPM | 1.8% 62.5% | 4.8% 20.0% | 6.0% 40.0% | 10.0% 190.9% | -11.0% 200.0% | 11.0% 511.1% | 1.8% 106.7% | -27.0% 350.0% | -6.0% 110.9% | 55.0% |
| Other Income | ₹32 Cr 166.7% | ₹12 Cr 95.4% | ₹263 Cr 92.4% | ₹3.5K Cr 2435.0% | ₹137 Cr 705.9% | ₹17 Cr 110.8% | ₹-157 Cr 1670.0% | ₹10 Cr 83.3% | ₹60 Cr 119.0% | ₹-316 Cr |
| Interest | ₹53 Cr 15.9% | ₹63 Cr 43.8% | ₹112 Cr 82.5% | ₹641 Cr 14.5% | ₹750 Cr 2.3% | ₹733 Cr 14.3% | ₹855 Cr 0.1% | ₹854 Cr 32.8% | ₹1.3K Cr 30.9% | ₹1.8K Cr |
| Depreciation | ₹47 Cr 24.2% | ₹62 Cr 13.9% | ₹72 Cr 28.6% | ₹56 Cr 5.7% | ₹53 Cr 10.2% | ₹59 Cr 3.3% | ₹61 Cr 134.6% | ₹26 Cr 13.3% | ₹30 Cr 3.2% | ₹31 Cr |
| PBT | ₹87 Cr 64.2% | ₹243 Cr 45.8% | ₹448 Cr 86.3% | ₹3.3K Cr 416.1% | ₹-1.0K Cr 107.4% | ₹-497 Cr 51.7% | ₹-1.0K Cr 31.5% | ₹-1.5K Cr 6.9% | ₹-1.4K Cr 934.6% | ₹-136 Cr |
| Tax % | 16.0% 36.0% | 25.0% 13.6% | 22.0% 633.3% | 3.0% 93.9% | 49.0% 1325.0% | -4.0% 500.0% | 1.0% | 0.0% 100.0% | -16.0% 60.0% | -10.0% |
| Net Profit | ₹73 Cr 60.1% | ₹183 Cr 47.3% | ₹347 Cr 89.1% | ₹3.2K Cr 305.9% | ₹-1.5K Cr 222.0% | ₹-478 Cr 53.9% | ₹-1.0K Cr 30.8% | ₹-1.5K Cr 27.1% | ₹-1.2K Cr 852.4% | ₹-124 Cr |
| EPS (₹) | 2.58 31.6% | 3.77 46.6% | 7.06 92.6% | 95.24 296.7% | -48.43 147.1% | -19.6 45.7% | -36.12 39.1% | -59.33 1.3% | -58.56 499.4% | -9.77 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹333 Cr 0.6% | ₹331 Cr 0.3% | ₹330 Cr 1.9% | ₹324 Cr 1.6% | ₹319 Cr 23.2% | ₹259 Cr 0.4% | ₹258 Cr 18.9% | ₹217 Cr 21.9% | ₹178 Cr 0.0% | ₹178 Cr |
| Reserves | ₹2.6K Cr 17.8% | ₹2.2K Cr 8.5% | ₹2.0K Cr 16.1% | ₹1.7K Cr 233.3% | ₹-1.3K Cr 325.2% | ₹-306 Cr 94.9% | ₹-157 Cr 125.5% | ₹616 Cr 62.8% | ₹1.7K Cr 35.0% | ₹2.5K Cr |
| Borrowings | ₹493 Cr 111.6% | ₹233 Cr 47.4% | ₹443 Cr 47.3% | ₹841 Cr 82.8% | ₹4.9K Cr 1.3% | ₹4.9K Cr 7.8% | ₹5.4K Cr 20.3% | ₹6.7K Cr 32.5% | ₹9.9K Cr 33.5% | ₹15.0K Cr |
| Other Liabilities | ₹11.1K Cr 31.7% | ₹8.4K Cr 26.1% | ₹6.7K Cr 28.8% | ₹5.2K Cr 5.0% | ₹5.5K Cr 42.7% | ₹3.8K Cr 43.4% | ₹2.7K Cr 32.1% | ₹2.0K Cr 2.8% | ₹2.1K Cr 38.0% | ₹3.4K Cr |
| Total Liabilities | ₹14.5K Cr 29.7% | ₹11.2K Cr 18.0% | ₹9.5K Cr 17.1% | ₹8.1K Cr 13.6% | ₹9.4K Cr 7.3% | ₹8.7K Cr 7.3% | ₹8.1K Cr 15.1% | ₹9.6K Cr 30.9% | ₹13.9K Cr 34.1% | ₹21.0K Cr |
Assets | ||||||||||
| Fixed Assets | ₹133 Cr 8.3% | ₹145 Cr 9.9% | ₹161 Cr 17.9% | ₹196 Cr 54.3% | ₹127 Cr 8.5% | ₹117 Cr 33.1% | ₹175 Cr 110.8% | ₹83 Cr 3.8% | ₹80 Cr 22.3% | ₹103 Cr |
| CWIP | ₹3 Cr 62.5% | ₹8 Cr 33.3% | ₹6 Cr 20.0% | ₹5 Cr 150.0% | ₹2 Cr 83.3% | ₹12 Cr 7.7% | ₹13 Cr 7.1% | ₹14 Cr 27.3% | ₹11 Cr 8.3% | ₹12 Cr |
| Investments | ₹11.2K Cr 28.8% | ₹8.7K Cr 29.5% | ₹6.7K Cr 31.9% | ₹5.1K Cr 32.8% | ₹3.8K Cr 20.3% | ₹3.2K Cr 57.7% | ₹2.0K Cr 40.7% | ₹1.4K Cr 20.1% | ₹1.2K Cr 39.6% | ₹2.0K Cr |
| Other Assets | ₹3.2K Cr 36.1% | ₹2.3K Cr 10.1% | ₹2.6K Cr 7.5% | ₹2.8K Cr 48.2% | ₹5.4K Cr 0.2% | ₹5.4K Cr 8.7% | ₹5.9K Cr 26.4% | ₹8.0K Cr 36.1% | ₹12.6K Cr 33.6% | ₹18.9K Cr |
| Total Assets | ₹14.5K Cr 29.7% | ₹11.2K Cr 18.0% | ₹9.5K Cr 17.1% | ₹8.1K Cr 13.6% | ₹9.4K Cr 7.3% | ₹8.7K Cr 7.3% | ₹8.1K Cr 15.1% | ₹9.6K Cr 30.9% | ₹13.9K Cr 34.1% | ₹21.0K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.8K Cr 19.5% | ₹1.5K Cr 1.5% | ₹1.5K Cr 0.4% | ₹1.5K Cr 5.6% | ₹1.6K Cr 16.2% | ₹1.4K Cr 43.6% | ₹2.4K Cr 31.6% | ₹3.6K Cr 38.7% | ₹5.8K Cr 1.2% | ₹5.9K Cr |
| Investing CF | ₹-2.2K Cr 83.6% | ₹-1.2K Cr 12.1% | ₹-1.3K Cr 43.6% | ₹-939 Cr 36.3% | ₹-689 Cr 41.7% | ₹-1.2K Cr 170.9% | ₹-436 Cr 1306.5% | ₹-31 Cr 93.2% | ₹-457 Cr 121.3% | ₹2.1K Cr |
| Financing CF | ₹690 Cr 342.1% | ₹-285 Cr 82.7% | ₹-156 Cr 92.5% | ₹-2.1K Cr 471.9% | ₹559 Cr 278.0% | ₹-314 Cr 82.0% | ₹-1.7K Cr 54.4% | ₹-3.8K Cr 40.8% | ₹-6.5K Cr 16.1% | ₹-7.7K Cr |
| Net Cash Flow | ₹334 Cr 530.2% | ₹53 Cr 1425.0% | ₹-4 Cr 99.7% | ₹-1.5K Cr 203.1% | ₹1.5K Cr 1301.6% | ₹-122 Cr 148.0% | ₹254 Cr 186.1% | ₹-295 Cr 73.4% | ₹-1.1K Cr 442.6% | ₹324 Cr |
| Free Cash Flow | ₹1.8K Cr 20.7% | ₹1.5K Cr 1.4% | ₹1.5K Cr 0.9% | ₹1.5K Cr 5.8% | ₹1.6K Cr 14.9% | ₹1.4K Cr 43.8% | ₹2.4K Cr 31.6% | ₹3.5K Cr 39.0% | ₹5.8K Cr 1.2% | ₹5.8K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 5d 25.0% | 4d 50.0% | 8d 42.9% | 14d 33.3% | 21d 25.0% | 28d 100.0% | 14d 73.6% | 53d 26.2% | 42d 30.0% | 60d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 5d 25.0% | 4d 50.0% | 8d 42.9% | 14d 33.3% | 21d 25.0% | 28d 100.0% | 14d 73.6% | 53d 26.2% | 42d 30.0% | 60d |
| Working Capital Days | -395d 19.3% | -331d 13.7% | -291d 5.8% | -275d 28.9% | -387d 46.6% | -264d 1.1% | -267d 19.2% | -224d 10.4% | -250d 33.7% | -187d |
| ROCE | 4.0% 50.0% | 8.0% 11.1% | 9.0% 43.8% | 16.0% 366.7% | -6.0% 250.0% | 4.0% | 0.0% 100.0% | -7.0% 600.0% | -1.0% 110.0% | 10.0% |
Source: Screener.in · Lower days = better efficiency