as of —
₹—
Change
—
Day Open
₹—
Day High
₹—
Day Low
₹—
NSE Close — 25 Sep 2026
₹242.27
Change
+1.95 (0.81%)
Open
₹239.0
Prev. Close
₹240.32
Day High
₹244.3
Day Low
₹236.74
Volume Analysis
Traded
422,871
Delivered
215,996
Delivery %
51.08%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Promoter holding is rising
Weaknesses (3)
- •Low return on equity (3.18%)
- •Below-average fundamentals quality score (46/100)
- •Low operating margin (0.7%)
Opportunities (1)
- •Strong 3-year revenue growth (21.8%)
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹253.02 | ₹248.66 | ₹245.46 | ₹241.1 | ₹237.9 | ₹233.54 | ₹230.34 |
| Fibonacci | ₹248.66 | ₹245.77 | ₹243.99 | ₹241.1 | ₹238.21 | ₹236.43 | ₹233.54 |
| Camarilla | ₹244.35 | ₹243.66 | ₹242.96 | ₹241.1 | ₹241.58 | ₹240.88 | ₹240.19 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-2.26%
1 Week
-4.32%
1 Month
+3.96%
3 Months
-10.36%
6 Months
+10.36%
1 Year
-3.85%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹71.23
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
0.58%
Net margin 0.2% × asset turnover 0.58x × equity multiplier 4.99x
Company Overview
Sector
Financial Services
Market Cap
₹8,352 Cr
P/E (TTM)
169.0
ROE
3.18%
Book Value
₹87.4
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
Religare Enter. Ltd. scores weakly on TopFund's composite fundamentals check within the Financial Services sector, at 46/100. The strongest factor is Cash Flow (100/100), while Business Quality (7/100) is the weakest area to weigh before deciding. Notably: Promoter holding is rising; low return on equity (3.18%); below-average fundamentals quality score (46/100). FII holding has been falling.
TopFund Score — Fundamentals Quality
46/100 — WeakData confidence: 78/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- −Stock is trading at 2.77 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has low interest coverage ratio.
- −Promoter holding is low: 30.6%
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Shareholders approved Arjun Lamba’s redesignation as Managing Director effective August 12, 2026.
Religare held its 42nd AGM on Sept. 24, 2026; approved FY26 accounts and Arjun Lamba’s Managing Director re-designation.
Care Health Insurance allotted 10,000 debentures aggregating to Rs. 100 crore; NSE listing from September 22, 2026.
Religare Enterprises establishes new corporate office in Mumbai, operational from September 18, 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,285 | 1,584 | 1,511 | 1,856 | 1,710 | 1,952 | 1,668 | 2,042 | 1,861 | 2,077 | 2,056 | 2,467 | 2,353 |
| Expenses + | 1,147 | 1,483 | 1,455 | 1,833 | 1,653 | 1,876 | 1,730 | 1,805 | 1,846 | 2,010 | 2,151 | 2,325 | 2,402 |
| Operating Profit | 138 | 101 | 56 | 23 | 57 | 76 | -61 | 237 | 15 | 67 | -95 | 143 | -49 |
| OPM % | 11.0% | 6.0% | 3.7% | 1.2% | 3.3% | 3.9% | -3.7% | 12.0% | 0.8% | 3.2% | -4.6% | 6.0% | -2.1% |
| Other Income + | 18 | 1 | 27 | 249 | 5 | 19 | 2 | 8 | 10 | 12 | 12 | 6 | 5 |
| Interest | 26 | 25 | 24 | 18 | 13 | 13 | 5 | 6 | 7 | 10 | 9 | 10 | 15 |
| Depreciation | 19 | 18 | 18 | 17 | 16 | 15 | 14 | 17 | 13 | 12 | 11 | 12 | 18 |
| Profit before tax | 112 | 59 | 41 | 236 | 33 | 67 | -79 | 222 | 6 | 57 | -103 | 127 | -77 |
| Tax % | 17.0% | 32.0% | 18.0% | 23.0% | 18.0% | -2.0% | -20.0% | 32.0% | -42.0% | 20.0% | -26.0% | 25.0% | -39.0% |
| Net Profit + | 93 | 40 | 34 | 181 | 27 | 69 | -63 | 151 | 8 | 46 | -77 | 96 | -47 |
| EPS in Rs | 2 | 1 | 1 | 4 | 1 | 2 | -1 | 3 | 0 | 1 | -1 | 2 | -1 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 4,128 | 4,895 | 3,709 | 2,675 | 2,371 | 2,384 | 2,513 | 3,227 | 4,679 | 6,266 | 7,394 | 8,462 | 8,954 |
| Expenses + | 2,006 | 3,710 | 1,659 | 2,841 | 3,005 | 2,341 | 2,235 | 3,592 | 4,196 | 5,898 | 7,037 | 8,306 | 8,888 |
| Operating Profit | 2,122 | 1,184 | 2,050 | -167 | -634 | 43 | 278 | -364 | 483 | 368 | 356 | 156 | 66 |
| OPM % | 51.0% | 24.0% | 55.0% | -6.0% | -27.0% | 1.8% | 11.0% | -11.0% | 10.0% | 6.0% | 4.8% | 1.8% | 0.7% |
| Other Income + | 58 | 1,012 | -316 | 60 | 10 | -157 | 17 | 137 | 3,473 | 263 | 12 | 32 | 35 |
| Interest | 1,658 | 1,879 | 1,840 | 1,271 | 854 | 855 | 733 | 750 | 641 | 112 | 63 | 53 | 43 |
| Depreciation | 37 | 36 | 31 | 30 | 26 | 61 | 59 | 53 | 56 | 72 | 62 | 47 | 52 |
| Profit before tax | 485 | 282 | -136 | -1,407 | -1,504 | -1,030 | -497 | -1,031 | 3,259 | 448 | 243 | 87 | 5 |
| Tax % | 34.0% | 79.0% | -10.0% | -16.0% | 0.0% | 1.0% | -4.0% | 49.0% | 3.0% | 22.0% | 25.0% | 16.0% | — |
| Net Profit + | 321 | 61 | -124 | -1,181 | -1,501 | -1,038 | -478 | -1,539 | 3,169 | 347 | 183 | 73 | 18 |
| EPS in Rs | 9 | -3 | -10 | -59 | -59 | -36 | -20 | -48 | 95 | 7 | 4 | 3 | 2 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 3,705 | 3,660 | 2,549 | 1,658 | 616 | -157 | -306 | -1,301 | 1,734 | 2,013 | 2,185 | 2,575 |
| Borrowings + | 16,491 | 20,247 | 14,956 | 9,945 | 6,717 | 5,356 | 4,940 | 4,878 | 841 | 443 | 233 | 493 |
| Other Liabilities + | 5,064 | 3,344 | 3,355 | 2,081 | 2,023 | 2,673 | 3,832 | 5,467 | 5,193 | 6,686 | 8,432 | 11,104 |
| Total Liabilities | 25,439 | 27,429 | 21,038 | 13,862 | 9,573 | 8,130 | 8,725 | 9,362 | 8,092 | 9,472 | 11,180 | 14,506 |
| Fixed Assets + | 2,128 | 1,785 | 103 | 80 | 83 | 175 | 117 | 127 | 196 | 161 | 145 | 133 |
| CWIP | 4 | 4 | 12 | 11 | 14 | 13 | 12 | 2 | 5 | 6 | 8 | 3 |
| Investments | 4,363 | 2,700 | 1,983 | 1,197 | 1,438 | 2,023 | 3,190 | 3,836 | 5,094 | 6,718 | 8,700 | 11,203 |
| Other Assets + | 18,944 | 22,941 | 18,940 | 12,574 | 8,038 | 5,919 | 5,406 | 5,397 | 2,797 | 2,587 | 2,327 | 3,166 |
| Total Assets | 25,439 | 27,429 | 21,038 | 13,862 | 9,573 | 8,130 | 8,725 | 9,362 | 8,092 | 9,472 | 11,180 | 14,506 |
| Equity Capital | 178 | 178 | 178 | 178 | 217 | 258 | 259 | 319 | 324 | 330 | 331 | 333 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -706 | -2,154 | 5,871 | 5,802 | 3,555 | 2,433 | 1,373 | 1,596 | 1,506 | 1,500 | 1,523 | 1,820 |
| Cash from Investing Activity + | -612 | 499 | 2,149 | -457 | -31 | -436 | -1,181 | -689 | -939 | -1,348 | -1,185 | -2,176 |
| Cash from Financing Activity + | 1,094 | 1,853 | -7,696 | -6,455 | -3,819 | -1,743 | -314 | 559 | -2,079 | -156 | -285 | 690 |
| Net Cash Flow | -224 | 198 | 324 | -1,110 | -295 | 254 | -122 | 1,466 | -1,512 | -4 | 53 | 334 |
| CFO/OP | -30 | -173 | 287 | -3,525 | -565 | 5,635 | 497 | -438 | 312 | 407 | 439 | 1,183 |
| Free Cash Flow | -732 | -2,202 | 5,847 | 5,776 | 3,522 | 2,410 | 1,355 | 1,557 | 1,466 | 1,479 | 1,499 | 1,809 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 80.41% | 82.36% | 83.92% | 80.51% | 78.56% | 78.82% | 54.32% | 54.45% | 56.11% | 56.79% | 53.36% | 50.49% |
| Promoters | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 25.67% | 25.83% | 25.83% | 26.27% | 30.27% | 30.55% |
| FII | 11.75% | 9.89% | 7.91% | 8.49% | 8.01% | 8.05% | 8.25% | 8.1% | 7.81% | 7.61% | 7.85% | 9.64% |
| DII | 7.84% | 7.75% | 8.17% | 10.99% | 13.43% | 13.14% | 11.76% | 11.62% | 10.27% | 9.33% | 8.52% | 9.33% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Financial Services — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Religare Enter. Ltd. (this stock) | 8,352 | 169.0 | 2.77 | 3.18% |
| Paisalo Digital Limited | 8,138 | 32.3 | 4.52 | 14.4% |
| Kama Holdings Ltd. | 7,116 | 6.28 | 0.89 | 12.6% |
| India Shelter Fin Corp L | 7,114 | 14.1 | 2.22 | 17.0% |
| Bengal & Assam Co. Ltd. | 7,048 | 9.17 | 0.66 | 8.11% |
| Sbfc Finance Limited | 9,855 | 28.5 | 3.02 | 11.6% |
| Indian Energy Exc Ltd | 9,908 | 19.5 | 7.25 | 39.4% |
Which Mutual Funds Hold Religare Enter. Ltd.?
Frequently Asked Questions about Religare Enter. Ltd.
Religare Enter. Ltd. (RELIGARE) closed at ₹242.27 on NSE on 25 September 2026, up 1.95 (0.81%) from the previous close.
Religare Enter. Ltd. trades on the NSE (National Stock Exchange of India) under the symbol RELIGARE.
Religare Enter. Ltd. has a trailing twelve-month P/E (price-to-earnings) ratio of 169.0.
Religare Enter. Ltd. has a dividend yield of 0.0%.
Religare Enter. Ltd.'s 52-week high is ₹285.0 and its 52-week low is ₹197.0.
Religare Enter. Ltd. has a market capitalisation of ₹8,352 crore.
Religare Enter. Ltd. has a TopFund Quality Score of 46/100 (Weak), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
What are other investors saying about Religare Enter. Ltd.?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
Sign in to join the discussionNo comments yet — start the discussion.