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NSE:RELIGARE

RELIGARE ENTER. LTD.

Financial Services › Finance·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹214.23
at close · 28 Oct 2026
▲ 1.53 (+0.72%)

Latest filings

  1. Notice on special window for physical share demat and transfer · Compliance
  2. Routine compliance certificate on dematerialisation for Jul-Sep 2026 quarter · Compliance
  3. Allotment of 22000 equity shares under REL ESOP Plan 2019 · Capital Market Events
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates as a financial services holding company where health insurance dominates. The Insurance segment — Care Health Insurance — generated ₹7,969 cr of FY26 segment revenue (93.6% share), with gross written premium of ₹11,417 cr growing 24%, retail health up 34%, and operations spread across more than 277 branches holding 11.6% retail market share. Broking activities through Religare Broking contributed ₹313.83 cr (3.7%), with FY26 income of ₹373 cr and a stated focus on active client growth. The investment and financing arm (Religare Finvest NBFC) added ₹160.96 cr (1.9%), delivered FY26 PAT of ₹139 cr, sits debt-free with ₹591 cr cash and CRAR of 261%, with multiline product launches planned over the coming quarters. E-governance services added ₹62.87 cr (0.7%). The step-down housing finance subsidiary runs 15 branches in 8 states on affordable home loans with average ticket size of ₹10-11 lakhs but reported an FY26 loss of ₹18.6 cr. A scheme to demerge the financial services businesses into a separately listed Religare Finvest (1 RFL share per REL share) has received NSE/BSE no-objection and is pending NCLT filing.

Revenue mix · reported segments
Insurance (Care Health Insurance)93.6%
Broking Related Activities3.7%
Investment and Financing Activities1.9%
E-Governance0.7%
Unallocated0.1%
Operating scale
Care Health Insurance GWP
₹11,417 cr (FY26, +24% YoY)FY26
Care Health Insurance branches
277+ branchesFY26
Care retail health market share
11.6%FY26
Religare Finvest cash balance
₹591 cr (debt-free)FY26
Religare Finvest CRAR
261%FY26
Religare Housing Finance footprint
15 branches across 8 states; avg ticket ₹10-11 lakhsFY26
Who pays it
Individual health insurance policyholders, retail broking clients, NBFC borrowers, affordable home loan customers
Biggest cost
Other operating expenses at 66.4% of revenue (includes insurance claims and acquisition costs) plus employee costs at 14.2%
Kind of business
Financial services holding company dominated by a health insurance subsidiary, with smaller broking, NBFC, e-governance and loss-making housing finance arms
Where it sits
Care Health holds 11.6% share in retail health insurance; operates a multiline NBFC platform and a small loss-making affordable housing finance arm
Market Cap
₹7,310 Cr
P / E (TTM)
143.8×
EV / EBITDA
—
Div Yield
—
Growth
27.7%▲
Revenue 5y CAGR
PAT — · EBITDA -9.9%
Quality
—·
ROCE (FY26)
ROE n/m · margin 2.0%
Leverage
—·
Debt / Equity · not read for a lender
Revenue FY21→FY26
3.4×▲
Margin +20.1 pts
₹2,487 Cr → ₹8,459 Cr
Moves on a normal day
1.25%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 69 Investment Company peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#49/51
P/B#48/63
ROE#28/65
EBITDA margin#52/62
Revenue growth#22/56
Profit growth#62/66

Scorecard

Measured from the filed financials, judged against its Investment Company peers · as of FY26 — not investment advice

Strengths
Revenue compounding 28% a year over 5 years
Concerns
Erratic profits — up in only 1 of the last 5 years

Charts

How has the market priced it — with filings on the timeline?

RELIGARE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from RELIGARE ENTER. LTD.'s filed financials and exchange disclosures

What does RELIGARE ENTER. LTD. do?

RELIGARE ENTER. LTD. is a Finance company listed on NSE and BSE, trading under the symbol RELIGARE.

Is RELIGARE ENTER. LTD. profitable?

Yes. Over the trailing twelve months RELIGARE ENTER. LTD. reported a net profit of ₹18 Cr on revenue of ₹8,941 Cr.

Does RELIGARE ENTER. LTD. pay a dividend?

Not in the latest reported year — RELIGARE ENTER. LTD.'s dividend payout for FY26 was nil.

Is RELIGARE ENTER. LTD. expensive compared with its peers?

On trailing P/E, RELIGARE ENTER. LTD. ranks 49 of 51 in Investment Company — cheaper than 4% of them, against an industry median of 19.9×. This is a position, not a valuation judgement.

How much does the RELIGARE ENTER. LTD. share price move in a day?

On a typical session RELIGARE ENTER. LTD. moves 1.25% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track RELIGARE ENTER. LTD.'s announcements?

Every NSE and BSE filing by RELIGARE ENTER. LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.