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Religare Enterprises Ltd share price logo

Religare Share Price

(RELIGARE)

₹263.14.05%

as on 04:01PM, 21 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

Religare Performance

  • Day's Low

    Day's High

    ₹262
    Day's Price Range
    ₹277.5
  • 52 Week's Low

    52 Week's High

    ₹201.6
    52-Week Price Range
    ₹320
1 Month Return-11.28 %
3 Month Return+ 2.81 %
1 Year Return+ 26.33 %
Previous Close₹274.20
Open₹272.55
Volume14.13L
Upper Circuit-
Lower Circuit-
Market Cap₹9,065.21Cr

Religare Key Statistics

P/E Ratio42.12
PEG Ratio-0.42
Market Cap₹9,065.21 Cr
P/B Ratio3.26
EPS10.54
Dividend Yield0
SectorFinance
ROE0

Religare Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹9,065.21 Cr95.21%0.53₹347 Cr₹6,266 Cr
NA₹17.56 Cr79.45%0.50NANA
NA₹542.13 Cr175.01%0.69NANA
NA₹59.03 Cr75.9%0.50NANA
BUY₹9,310.55 Cr19.36%0.89NANA

About Religare

Religare Enterprises Limited (REL) is an India-based financial services group, offering an integrated suite of services from asset management to lending, investment banking, wealth management, life and health insurance. It was incorporated in 1984 and has expanded its reach and offerings in the five years from 2006 - 2011. During this time, REL’s consolidated revenues increased ten-fold to 32.5 billion while its balance sheet rose 20-times to 203.4 billion. REL is present overseas with a focus on emerging markets, including cash equity and investment banking with Religare Capital Markets. It has also acquired numerous entities such as Evolvence Advisors Private Limited, Kumar Capital Private Limited, Maharishi Housing Development Finance Corporation, and others to further its overall presence. As part of the REL network, RGAM Investment Advisors Private Limited, Religare Wealth Management, Religare Health Insurance Company, Religare Global Asset Management, and Religare Arts Initiative are branches offering their services in India and abroad. In 2021, the company introduced its charitable foundation, Religare Care Foundation, and its digital solutions business, Religare Digital Solutions Limited. With these strengthenings, the company is continuing its growth and consolidation in the financial services industry for a long-term future.

Share Price: ₹263.10 per share as on 21 Jan, 2025 04:01 PM
Market Capitalisation: ₹9,065.21Cr as of today
Revenue: ₹1,970.97Cr as on September 2024 (Q3 24)
Net Profit: ₹68.49Cr as on September 2024 (Q3 24)
Listing date: 21 Nov, 2007
Chairperson Name: Rashmi Saluja
OrganisationReligare
HeadquartersNoida
IndustryFinance
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Key events for Religare Enterprises Ltd

  • Burman Family's Open Offer Amid Legal Challenges - 18 Jan, 2025

    The Burman family plans to acquire an additional 26% stake in Religare Enterprises, starting January 27, despite legal challenges against former promoters for fraud.
  • Charges Filed Against Former Religare Promoters - 17 Jan, 2025

    A Delhi court has framed charges of criminal conspiracy and cheating against former Religare Enterprises promoters, Malvinder and Shivinder Singh, for allegedly causing a Rs 2,400-crore loss to Religare Finvest Ltd.
  • Religare Enterprises Faces Leadership Turmoil Amid Takeover - 13 Jan, 2025

    Religare Enterprises' Chief Compliance Officer, Dr. Mallikarjun Goda, resigned amid takeover tensions with the Burman family. Legal disputes and internal conflicts complicate the open offer process, which could lead to a management control transfer. The AGM's timing is critical for Chairperson Rashmi Saluja's reappointment.
  • High Court Decision Clears Path for Religare AGM - 09 Jan, 2025

    The Madhya Pradesh High Court dismissed a petition that stalled Religare Enterprises' AGM, enabling the Burman family's open offer and boosting stock prices by over 4%. The court ruled the petitioner lacked standing, allowing key agenda items, including Rashmi Saluja's reappointment, to proceed.
  • Burman Family's Bid for Religare Faces Legal Setback - 28 Dec, 2024

    The Madhya Pradesh High Court has stayed the RBI's approval for the Burman family's open offer for Religare Enterprises, providing a reprieve for chairperson Rashmi Saluja amid shareholder opposition.
  • Religare AGM Stays Amid Burman Family Dispute - 26 Dec, 2024

    Religare Enterprises faces challenges as the Madhya Pradesh High Court stays its AGM and Burman family's open offer, causing shares to decline over 2%. The situation raises concerns for minority shareholders amid governance issues.
  • Religare Enterprises Receives SEBI Approval for Ownership Change - 24 Dec, 2024

    Religare Enterprises' subsidiary, Religare Broking, received SEBI approval for management and shareholding changes. The company also updated on a forensic investigation into former promoters' fund siphoning allegations, sharing findings with RBI and SEBI.
  • Burman Family's Open Offer for Religare Approved - 23 Dec, 2024

    The Burman family has received all necessary regulatory approvals for a proposed open offer to acquire an additional 26% stake in Religare Enterprises, potentially gaining majority control. The offer is priced at Rs 235 per share, despite management concerns over the offer price and the family's credentials.

Insights on Religare Enterprises Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 18.0 Cr → 51.21 Cr (in ₹), with an average increase of 64.9% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.71K Cr → 1.97K Cr (in ₹), with an average increase of 13.0% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, RELIGARE has outperformed top 5 stocks with highest market-cap in Life & Health Insurance

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, RELIGARE has outperformed top 5 stocks with highest market-cap in Life & Health Insurance

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 7.70% to 9.62% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, RELIGARE stock has moved up by 11.8%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 80.52% to 78.56% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 8.49% to 8.01% in Sep 2024 quarter

Religare Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,585.58Cr (-)₹1,537.24Cr (↓3.05%)₹2,104.82Cr (↑36.92%)₹1,714.43Cr (↓18.55%)₹1,970.97Cr (↑14.96%)
Net Income₹40.35Cr (-)₹33.58Cr (↓16.78%)₹180.96Cr (↑438.89%)₹26.81Cr (↓85.18%)₹68.49Cr (↑155.46%)
Net Profit Margin2.54% (-)2.18% (↓14.17%)8.60% (↑294.50%)1.56% (↓81.86%)3.47% (↑122.44%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,085.41Cr (-)₹2,486.25Cr (↑19.22%)₹2,398.10Cr (↓3.55%)₹2,404.63Cr (↑0.27%)
Total Liabilities₹424.03Cr (-)₹264.16Cr (↓37.70%)₹167.08Cr (↓36.75%)₹281.47Cr (↑68.46%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹9.59Cr (-)-₹1.29Cr (↓86.55%)-₹19.21Cr (↑1,389.15%)-₹40.11Cr (↑108.80%)-₹75.00Cr (↑86.99%)

Index Inclusions

S&P BSE Fin. Ser

₹10,838.35

-1.79 (-197.15%)

BSE Small-Cap

₹51,714.62

-1.94 (-1024.39%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Religare Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
8.01%
-5.65
Mutual Funds
9.62%
24.99
Retail Investors
78.56%
-2.43
Others
3.81%
15.61

Religare Key Indicators

Details20202021202220232024
Book Value Per Share (₹)3.91-1.82-30.8263.670.96
Details20202021202220232024
Earning Per Share (₹)-40.21-18.42-48.2697.9310.54
Details2021
Return On Equity %2.18
Details20202021202220232024
Return On Assets %-43.35-24.38-62.1128.519.69

Religare Valuation

Religare in the last 5 years

  • Overview

  • Trends

Lowest (-21.62x)

February 19, 2018

Industry (25.45x)

January 20, 2025

Today (42.12x)

January 20, 2025

Highest (50.84x)

September 10, 2024

LowHigh

Religare Earnings and Dividends

  • Religare Enterprises Ltd Earnings Results

    Religare Enterprises Ltd’s net profit jumped 102.33% since last year same period to ₹51.21Cr in the Q2 2024-2025. On a quarterly growth basis, Religare Enterprises Ltd has generated 184.5% jump in its net profits since last 3-months.

    Read More about Earnings Results

Religare Technicals Summary

Bearish

Neutral

Bullish

Bearish

Religare Enterprises Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Religare Enterprises Ltd

Religare Enterprises Ltd share price today stands at ₹263.1, Open. ₹272.55 ; Previous Close. ₹274.2 ; High. ₹277.5 ; Low. ₹262 ; 52 Week High. ₹320 ; 52 Week Low: ₹201.6.

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Religare Enterprises Ltd is listed on NSE

Religare Enterprises Ltd is listed on BSE

  • Today’s highest price of Religare Enterprises Ltd is ₹277.5.
  • Today’s lowest price of Religare Enterprises Ltd is ₹262.

PE Ratio of Religare Enterprises Ltd is 42.12

PE ratio = Religare Enterprises Ltd Market price per share / Religare Enterprises Ltd Earnings per share

Today’s traded volume of Religare Enterprises Ltd(RELIGARE) is 14.13L.

Today’s market capitalisation of Religare Enterprises Ltd(RELIGARE) is ₹9065.21Cr.

Religare Enterprises Ltd(RELIGAREPrice
52 Week High
₹320
52 Week Low
₹201.6

Religare Enterprises Ltd(RELIGARE) share price is ₹263.1. It is down -17.78% from its 52 Week High price of ₹320

Religare Enterprises Ltd(RELIGARE) share price is ₹263.1. It is up 30.51% from its 52 Week Low price of ₹201.6

Religare Enterprises Ltd(RELIGAREReturns
1 Day Returns
-11.1%
1 Month Returns
-11.28%
3 Month Returns
2.81%
1 Year Returns
26.33%