Religare Enterprises Limited

Religare Enterprises Limited (RELIGARE) is a small-cap Financial Services company valued at ₹7,528 crore operating in Investment Company on the NSE and BSE.

Recent price move

Religare Enterprises Limited last traded at ₹219.49, modestly down 0.33% on the day.

Recent developments

On 2026-06-30, the company reported a net loss of ₹47 crore for the latest quarter, marking a sharp reversal from the net profit of ₹8 crore in the same quarter a year earlier. Promoter holding increased by 0.29 percentage points to 30.56%, while foreign institutional holding rose by 1.79 percentage points to 9.64%.

Financial performance

The company's revenue grew 14.4% annually, but net profit fell 60.0% year-on-year. In the latest quarter, revenue rose 26.5% compared to the same quarter a year earlier, but the net profit swung from a profit of ₹8 crore to a loss of ₹47 crore, showing a significant deterioration in profitability.

Valuation multiples

The stock trades at 84.8 times earnings, a premium to the Financial Services median of 19.3, 3.15 times book value.

Things to watch

The company's net profit margin fell 1.6 percentage points to 0.9%, and net profit declined 60.0% year-on-year. The latest quarter showed a net loss of ₹47 crore, contrasting with a net profit of ₹8 crore in the same quarter a year earlier. The stock is 19.8% below its 52-week high.

Where it stands

The company's revenue has grown steadily over the past five years, but profit has declined sharply, with a net loss in the latest quarter. The most significant movement was the swing from a net profit to a net loss in the latest quarter, highlighting challenges in maintaining profitability.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.