Religare Enterprises Q1 results, quarter to Jun 2026

NSE: RELIGAREBSE: 532915FinanceSmall Cap

Religare Enterprises Limited · Face value ₹10 · Listed Nov 2007

₹216.14₹1.93 (0.90%)BSE ₹216.05

Share price at the NSE close on 29 Oct 2026. Previous close ₹214.21.

29 Oct: open ₹214.99, high ₹217.99, low ₹211.06

52-week range of traded prices to 29 Oct 2026

₹196.51Low, 9 Mar 2026₹280.00High, 25 Jun 2026

Market cap: ₹7,451 Cr638th largest listed
P/E: 150.37
P/B: 2.56
Dividend yield: Nonein the last 12 months
ROE: 1.8%
ROCE: 0.2%
Debt to equity: 0.10
Volume, NSE: 2,86,89461.2% delivered

Religare Enterprises filed its Q1 results for the quarter to Jun 2026 on 12 Aug 2026 at 8:30 pm, consolidated: the company and its subsidiaries together.

Q1 results, quarter to Jun 2026

₹ crore.Religare Enterprises annual results and balance sheet

Revenue: ₹2,353 Cr+26.4% on a year ago · −4.6% on the quarter before
Operating profit: −₹49 Cr
Net profit: −₹47 Cr
Earnings per share: −₹0.78
Operating margin: −2.1%
Net margin: −2.0%

From revenue to net profit, ₹ crore

Revenue2,353
Operating expenses−2,402
Operating profit−49
Depreciation−18
Other income+5.0
Finance costs−15
Profit before tax−77
Tax+30
Net profit−47

Religare Enterprises results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit
Loss

Peak revenue ₹2,467 Cr, quarter to Mar 2026; lowest ₹1,511 Cr, quarter to Dec 2023A loss in the quarter to Jun 2026, −₹47 Cr

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Sep 2021	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3	Mar 2025Q4Filed 20 May	Jun 2025Q1Filed 12 Aug	Sep 2025Q2	Dec 2025Q3Filed 14 Feb	Mar 2026Q4Filed 12 May	Jun 2026Q1Filed 12 Aug
Revenue from operations	794	827	953	951	1,164	1,165	1,396	1,285	1,584	1,511	1,856	1,710	1,952	1,664	2,028	1,861	2,064	2,056	2,467	2,353
	1,058	921	824	923	1,117	1,020	1,149	1,147	1,483	1,455	1,833	1,653	1,876	1,730	1,796	1,846	2,003	2,151	2,325	2,402
Materials and goods bought	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating profit before depreciation	−264	−94	128	28	47	145	247	138	101	56	23	57	76	−66	232	15	61	−95	143	−49
Operating margin	−33.2%	−11.4%	13.5%	2.9%	4.1%	12.4%	17.7%	10.7%	6.4%	3.7%	1.2%	3.3%	3.9%	−3.9%	11.5%	0.8%	2.9%	−4.6%	5.8%	−2.1%
Depreciation and amortisation	13	14	14	14	13	14	14	19	18	18	17	16	15	14	17	13	12	11	12	18
Other income	94	54	3	101	19	3	64	18	1	27	19	5	19	6	13	10	18	12	6	5
Finance costs	190	197	181	189	197	213	29	26	25	24	18	13	13	5	6	7	10	9	10	15
Profit before one-off items and tax	−373	−250	−63	−75	−144	−79	268	112	59	41	6	33	67	−79	222	6	57	−103	127	−77
One-off items	0	0	0	0	0	0	3,289	0	0	0	230	0	0	0	0	0	0	0	0	0
Profit before tax	−373	−250	−63	−75	−144	−79	3,557	112	59	41	236	33	67	−79	222	6	57	−103	127	−77
	31	0	524	1	32	17	40	19	19	7	55	6	−1	−16	71	−2	12	−27	32	−30
Current tax	0	0	3	0	13	40	38	23	20	8	50	15	7	−14	56	2	3	−1	2	3
Deferred tax	31	0	521	0	20	−23	2	−3	−2	−1	6	−9	−8	−2	15	−4	8	−25	29	−32
Tax rate	–	–	–	–	–	–	1.1%	17.1%	31.6%	17.6%	23.5%	17.9%	−1.6%	–	31.9%	−42.6%	20.1%	–	24.8%	–
Share of profit of joint ventures and associates	0	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
	−404	−251	−588	−76	−177	−96	3,517	93	40	34	181	27	68	−63	151	8	46	−77	96	−47
Belonging to the company's shareholders	−429	−250	−588	−76	−207	−117	3,482	63	25	19	125	18	51	−43	99	10	39	−45	82	−26
Belonging to outside owners of subsidiaries	25	−1	–	0	30	21	35	30	15	14	56	9	17	−20	52	−2	7	−31	13	−21
Other comprehensive income	5	2	−36	−77	6	2	−7	9	10	10	26	17	41	−16	26	45	−27	4	−132	84
Total comprehensive income	−399	−248	−624	−153	−171	−94	3,510	101	50	44	207	44	110	−80	177	53	19	−72	−36	37
Net margin	−50.9%	−30.3%	−61.7%	−8.0%	−15.2%	−8.2%	251.9%	7.2%	2.5%	2.2%	9.8%	1.6%	3.5%	−3.8%	7.5%	0.4%	2.2%	−3.7%	3.9%	−2.0%
Net margin without joint ventures and associates	−50.9%	−30.3%	−61.7%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Earnings per share	−₹13.99	−₹7.84	−₹19.21	−₹2.38	−₹6.49	−₹3.64	₹107.64	₹1.95	₹0.78	₹0.61	₹3.80	₹0.55	₹1.55	−₹1.30	₹3.00	₹0.31	₹1.17	−₹1.37	₹2.47	−₹0.78
Diluted earnings per share	–	−₹7.84	–	−₹2.38	−₹6.49	–	₹105.91	₹1.90	₹0.76	₹0.58	₹3.76	₹0.54	₹1.54	−₹1.30	₹2.98	₹0.31	₹1.15	−₹1.37	₹2.47	−₹0.78

Earnings per share in rupees, restated for later splits and bonuses.

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.Religare Enterprises segment results by year

Insurance
Revenue, ₹ crore
1,463
1,393
1,718
1,581
1,824
1,562
1,935
1,756
1,968
1,932
2,314
2,230
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
57
43
198
28
58
−67
196
−8
31
−111
41
−87
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Broking Related Activities
Revenue, ₹ crore
81
79
98
94
98
67
64
71
74
81
86
84
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
11
8
19
13
15
−5
0
0
3
4
10
5
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Investment and Financing Activities
Revenue, ₹ crore
59
48
31
28
30
23
25
25
50
65
32
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
−12
20
−10
−20
−10
35
10
24
4
117
5
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
E-Governance
Revenue, ₹ crore
12
10
13
13
12
14
19
21
15
12
15
17
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
2
1
1
2
0
3
5
5
−2
0
1
3
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

₹ crore	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue of all businesses	1,588	1,541	1,877	1,719	1,962	1,673	2,042	1,873	2,081	2,075	2,480	2,363
Company revenue, as in its results	1,584	1,511	1,856	1,710	1,952	1,664	2,028	1,861	2,064	2,056	2,467	2,353
Revenue	1,463	1,393	1,718	1,581	1,824	1,562	1,935	1,756	1,968	1,932	2,314	2,230
Revenue growth	38.9%	32.6%	33.4%	33.7%	24.7%	12.2%	12.6%	11.1%	7.9%	23.7%	19.5%	27.0%
Profit	57	43	198	28	58	−67	196	−8	31	−111	41	−87
Profit growth	−51.7%	−42.7%	45.1%	−74.1%	1.6%	–	−1.2%	–	−45.5%	–	−78.9%	–
Margin	3.9%	3.1%	11.5%	1.8%	3.2%	−4.3%	10.1%	−0.5%	1.6%	−5.8%	1.8%	−3.9%
Assets	6,355	6,734	7,189	7,457	8,011	8,486	9,248	9,527	10,354	11,152	12,065	12,822
Liabilities	4,440	4,739	5,015	5,240	5,703	6,248	6,838	7,076	7,583	8,460	9,493	10,071
Capital employed	1,915	1,995	2,174	2,218	2,308	2,239	2,411	2,451	2,772	2,692	2,572	2,751
Revenue	81	79	98	94	98	67	64	71	74	81	86	84
Revenue growth	26.5%	21.8%	46.5%	43.8%	20.1%	−14.8%	−34.9%	−24.1%	−24.7%	20.4%	34.7%	18.7%
Profit	11	8	19	13	15	−5	0	0	3	4	10	5
Profit growth	114.9%	106.5%	229.7%	427.2%	38.9%	–	–	−99.1%	−80.7%	–	–	4,353.0%
Margin	13.6%	10.2%	18.8%	13.7%	15.7%	−6.9%	−0.3%	0.2%	4.0%	5.5%	11.4%	6.3%
Assets	1,179	1,279	1,370	1,523	1,344	936	1,051	1,129	1,142	1,281	1,357	1,310
Liabilities	895	984	1,013	1,109	1,025	625	742	812	787	902	949	939
Capital employed	283	295	357	414	320	312	310	317	354	379	408	371
Revenue	–	59	48	31	28	30	23	25	25	50	65	32
Revenue growth	–	−3.2%	−50.7%	−27.9%	–	−48.8%	−51.9%	−20.1%	−8.8%	64.2%	179.6%	30.5%
Profit	–	−12	20	−10	−20	−10	35	10	24	4	117	5
Profit growth	–	–	−99.4%	–	–	–	78.9%	–	–	–	230.7%	−48.8%
Margin	–	−19.5%	40.9%	−32.3%	−70.8%	−33.6%	152.2%	41.2%	95.2%	8.0%	180.1%	16.2%
Assets	–	1,362	903	850	832	833	848	890	954	968	1,031	1,096
Liabilities	–	712	274	240	156	154	155	140	142	147	69	61
Capital employed	–	650	629	611	676	679	693	750	812	821	962	1,035
Revenue	12	10	13	13	12	14	19	21	15	12	15	17
Revenue growth	–	–	–	–	–	–	–	–	–	–	–	−21.5%
Profit	2	1	1	2	0	3	5	5	−2	0	1	3
Profit growth	–	–	–	–	–	–	–	–	–	–	–	−39.9%
Margin	15.1%	8.8%	6.1%	16.1%	2.9%	24.6%	28.0%	21.9%	−14.2%	0.6%	6.9%	16.8%
Assets	19	19	18	18	17	20	28	24	28	23	26	28
Liabilities	19	19	18	18	16	17	22	21	22	16	17	19
Capital employed	0	0	0	0	0	3	6	3	5	6	9	8
	0	0	–	–	–	–	–	–	0	–	–	–
Profit	0	0	–	–	–	–	–	–	0	–	–	–
Assets	0	0	–	–	–	–	–	–	0	–	–	–
Liabilities	0	0	–	–	–	–	–	–	0	–	–	–
Capital employed	0	0	–	–	–	–	–	–	0	–	–	–
Revenue	32	–	–	–	–	–	–	–	–	–	–	–
Profit	−10	–	–	–	–	–	–	–	–	–	–	–
Margin	−30.9%	–	–	–	–	–	–	–	–	–	–	–
Assets	1,459	–	–	–	–	–	–	–	–	–	–	–
Liabilities	747	–	–	–	–	–	–	–	–	–	–	–
Capital employed	712	–	–	–	–	–	–	–	–	–	–	–
Revenue	1	0	2	1	15	0	3	1	4	0	1	1
Profit	−1	0	0	0	14	0	−14	−1	1	0	−42	−3
Assets	99	97	97	93	72	68	54	48	27	24	27	30
Liabilities	71	75	82	114	43	44	36	79	22	13	101	104

Profit is before tax and finance costs, the way companies report their segments.

Q1 results, quarter to Jun 2026

From revenue to net profit, ₹ crore

Religare Enterprises results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Segment results by quarter

Insurance

Broking Related Activities

Investment and Financing Activities

E-Governance