Religare Enterprises

Religare Enterprises Ltd.

NSE: RELIGARE BSE: 532915 SECTOR: Finance - Investment  35k   94   8

164.10
-3.40 (-2.03%)
NSE: 09 Jun 03:58 PM

Price Summary

Today's High

₹ 169.7

Today's Low

₹ 162.6

52 Week High

₹ 192.45

52 Week Low

₹ 114.6

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and sound margins.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 5310.08 Cr.

Advances

₹ 0 Cr.

No. of Shares

32.36 Cr.

P/E

0

P/B

2.48

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  66.18

Operating Revenue

₹ 17.77 Cr.

Net Profit

₹ -26.01 Cr.

Promoter Holding

0 %

EPS (TTM)

₹  -0.32

Sales Growth

188.24

ROE

-1.4 %

ROCE

-1.19%

Profit Growth

-140.64 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year188.24%
3 Year68.39%
5 Year-12.47%

Profit Growth

1 Year-140.64%
3 Year22.14%
5 Year12.93%

ROE%

1 Year-1.4%
3 Year-5.81%
5 Year-9.27%

ROCE %

1 Year-1.19%
3 Year-4.4%
5 Year-5.75%

ROA%

-1.15689536471356

PEG Ratio

3.86

PAT Margin (%)

-146.320302477888

EPS Growth(%)

NA

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 0 0
Dec 2022 0 0
Sep 2022 0 0
Jun 2022 0 0
Mar 2022 0 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company is trading at 1.94213371571242 times the book value
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 68.3913238166908%.

 Limitations

  • Promoters shareholding is low at 0%.
  • Company has a poor Return on Equity (ROE) track record of -5.81241124175678%.
  • The company a poor ROCE track record of -4.40132874828047% since last 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Operating Revenue 5.77 4.4 7.3 5.94 5.37
Other Income 2.67 2.09 3.66 2.62 35.46
Interest Expended 0.28 0.27 0.88 5.5 5.58
Operating Expenses 14.1 19.3 14.29 14.07 14.34
Total Provisions 0 0 0 0 0
Depreciation 0.74 0.7 0.71 0.72 0.87
Profit Before Tax -6.67 -13.78 -4.92 -11.73 20.05
Tax 0 0 0 0 -0.03
Net Profit -6.67 -13.78 -4.92 -11.73 20.08

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Operating Income 14.98 3.72 2.73 6.17 17.77
Other Income 58.96 31.44 57.86 112.62 11.79
Interest 56.71 44.7 6.03 4.18 2.27
Operating Expenses 55.52 35.3 34.19 34.01 43.24
Total Provisions 295.12 101.28 160.53 16.24 10.87
Exceptional Items 0 0 -170 0 0
Profit Before Tax -333.4 -146.11 -310.16 64.35 -26.81
Tax -7.15 0 0 0.35 -0.8
Profit After Tax -326.25 -146.11 -310.16 64 -26.01
Adjusted EPS (Rs.) -18.28 -6.74 -12.02 2.47 -0.82

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 178.46 216.94 258.13 259.41 318.81
Total Reserves 1329.9 1442.21 1252.46 1319.76 1819.25
Borrowings 0 0 0 0 0
Other N/C liabilities 321.94 273.7 1.29 1.19 1.86
Current liabilities 734.44 550.91 637.47 505.05 270.46
Total Liabilities 2564.74 2483.76 2149.35 2085.42 2410.38
Assets
Loans 0 0 0 0 0
Net Block 2.28 1.48 2.38 3.9 14.66
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 2099.07 2109.44 2065.29 1949.31 1998.21
Other Loans 411.39 343.04 63.77 46.31 46.77
Other N/C Assets 3.77 0.22 0.71 0.66 0.52
Current Assets 48.23 29.58 17.2 85.24 350.23
Total Assets 2564.74 2483.76 2149.35 2085.42 2410.38
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 0.00 0.00 0.00 0.00 0.00
rhc finance privat... - - - - -
rhc holding privat... - - - - -
nimrita parvinder ... - - - - -
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 100.00 100.00 100.00 100.00 100.00
resilient india gr... - - - - -
investment opportu... 7.76 7.75 7.66 7.65 -
plutus wealth mana... 7.21 7.20 7.11 7.11 4.72
international fina... 4.02 4.01 3.96 3.96 4.03
puran associates p... 5.69 5.69 5.62 5.61 5.71
chandrakantarock b... 4.92 4.92 4.86 4.86 4.94
chandrakantarock b... - - - - -
quick trading and ... 3.76 3.76 3.71 3.51 3.77
vic enterprises pv... - - - - -
vic enterprises pv... 3.77 3.77 3.72 3.72 -
vic enterprises pr... - - - - 3.73
dilipkumar lakhi 2.63 2.63 2.29 2.29 -
chirag dilipkumar ... 3.35 3.35 3.31 3.31 -
motilal oswal long... - 2.55 3.31 3.34 -
dilipkumar lakh - - - - -
ashish kacholia - - - - -
lkp finance limited - - - - -
milky investment a... 2.99 2.98 2.95 2.95 3.00
naina mahesh buxani - - - - 1.24
hypnos fund limited 1.32 1.32 1.30 1.30 -
bengal finance & ... - - - - -
bengal finance and... - - - - -
girdharilal v ... 2.32 - - - -
girdharilal v lakhi - 2.29 - - -
m.b. finmart priva... 1.73 1.73 1.71 1.71 1.74
mukul mahavir pras... - - - - -
motilal oswal dyna... 2.00 - - - -
pivotal enterprise... - - - - -
girdharilal v la... - - 1.93 1.93 -
mahesh udhav buxani 1.42 1.42 1.40 1.40 1.07
manish lakhi 1.24 - - - -
manish lakhi - 1.24 - - -
cb green ventures ... - - - - -
sundar iyer - - - - -
hunt international... 1.17 1.17 - 1.16 -
kuber india fund - - - - -
india discovery fu... 1.28 1.28 1.27 - -
singularity holdin... - - - - 1.21
rashmi saluja - - 1.37 1.37 -
manish lakhi - - 1.23 1.22 -
hansa villa realty... - - - - -
hansa villa realit... 1.21 1.20 1.19 1.19 1.21
hunt international... - - 1.16 - -
leena vipul modi 1.04 1.04 1.03 1.03 -
bofa securities eu... - - - - -
earthstone investm... - - - - -
qualified institut... - - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Religare Enterprises informs about secretarial compliance report30 May 2023, 5:08PM Religare Enterprises - Quaterly Results11 May 2023, 7:23PM Religare Enterprises - Quaterly Results11 May 2023, 7:23PM Religare Enterprises to acquire insurance web aggregator ‘MyInsuranceClub’6 Apr 2023, 9:28AM Religare Enterprises inks pact to acquire stake in RHDFCL5 Apr 2023, 5:59PM Religare Enterprises informs about newspaper publication27 Mar 2023, 4:45PM Religare Enterprises’ arm completes OTS with 16 lenders9 Mar 2023, 11:59AM Religare Enterprises informs about press release9 Mar 2023, 9:41AM Religare Enterprises informs about allotment of equity shares24 Feb 2023, 5:15PM Religare Enterprises - Quaterly Results10 Feb 2023, 5:25PM Religare Enterprises - Quaterly Results10 Feb 2023, 5:25PM Religare Enterprises informs about board meeting3 Feb 2023, 4:33PM Religare Enterprises’ arm eyeing to restart business operation in 202327 Dec 2022, 4:13PM Religare Enterprises - Quaterly Results11 Nov 2022, 4:42PM Religare Enterprises - Quaterly Results11 Nov 2022, 4:42PM Religare Enterprises informs about trading window closure30 Sep 2022, 3:01PM Religare Enterprises informs about allotment of equity shares under ESOP 9 Sep 2022, 12:58PM Religare Enterprises - Quaterly Results10 Aug 2022, 5:47PM Religare Enterprises - Quaterly Results10 Aug 2022, 5:47PM Religare Enterprises informs about closure of trading window30 Jun 2022, 4:46PM Religare Enterprises’ lenders in-principally agree to proposed OTS of RFL2 Jun 2022, 4:39PM Religare Enterprises - Quaterly Results25 May 2022, 8:48PM Religare Enterprises - Quaterly Results25 May 2022, 8:48PM Religare Enterprises pays Rs 5.41 crore to SEBI to settle past cases 25 Apr 2022, 11:28AM Religare Enterprises’ arm defaults on interest payment to NCD holders30 Mar 2022, 12:00PM Religare Enterprises informs about outcome of board meeting25 Mar 2022, 12:54PM Religare Enterprises gets nod for entering into new business segments 25 Mar 2022, 12:11PM Religare Enterprises’ arm defaults on interest payment to bond holders28 Feb 2022, 11:09AM Religare Enterprises informs about press release15 Feb 2022, 10:15AM Religare Enterprises - Quaterly Results11 Feb 2022, 8:31PM Religare Enterprises - Quaterly Results11 Feb 2022, 8:31PM Religare Enterprises incorporates subsidiary company7 Feb 2022, 9:14AM CARE Ratings assigns ‘A3’ rating to Religare Enterprises’ arm27 Dec 2021, 10:34AM Religare Enterprises informs about clarification on news article 23 Dec 2021, 10:59AM Religare Enterprises’ arm to restart business29 Nov 2021, 11:05AM Religare Enterprises informs about disclosure16 Jul 2021, 4:35PM Religare Enterprises gets nod to raise Rs 570 crore via preferential issue of shares 6 Jul 2021, 9:50AM Religare Enterprises informs about voting results and scrutinizer report of EGM5 Jul 2021, 4:33PM Religare Enterprises planning to raise Rs 570 crore from preferential issue 9 Jun 2021, 9:24AM Ind-Ra revises credit rating of Religare Enterprises’ arm1 May 2021, 9:50AM Religare Enterprises informs about certificate20 Apr 2021, 3:29PM Religare Enterprises’ arm to default on Rs 100 crore NCD payment obligation15 Apr 2021, 12:35PM Religare Enterprises informs about compliance certificate8 Apr 2021, 4:14PM Religare Enterprises informs about disclosure 2 Jul 2020, 3:55PM Religare completes Kedaara deal in health insurance arm3 Jun 2020, 1:34PM Religare Enterprises submits compliance certificate16 Apr 2020, 3:33PM

Religare Enterprises Stock Price Analysis and Quick Research Report. Is Religare Enterprises an attractive stock to invest in?

 

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry. Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the Religare Enterprises better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs -26.0058 Cr and the compounded growth of profit in the past 3 years is 22.1377091321699 %. The PAT margin of Religare Enterprises is -146.320302477888 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Religare Enterprises , the EPS declined by -133.064450749899 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): The Company has a poor ROE track record. The ROE of Religare Enterprises is at -1.400087313661 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Religare Enterprises is worth at the current levels at Rs 164.1. The stock is trading at a current P/E ratio of 0 and the average historical P/E for the last 5 years was 7.10174300770166.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Religare Enterprises is trading at a P/B of 2.4591 . The average historical P/B for the last 5 years was 0.95091638050003. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

Brief about Religare Enterprises

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