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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Religare Enterprises Limited is an India-based diversified financial services company. The Company, through its subsidiaries, is primarily engaged in providing financial services, including loans to small and medium enterprises (SMEs), housing finance, health insurance, and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, priced for perfection.
Religare Enterprises is scored on the nbfc / financials framework. It keeps a thin 0.9% of every rupee of sales as net profit.
Over the last 3 years revenue compounded at 22%/yr and profit at -72%/yr. Book value has grown 13%/yr. Return on equity is a weak 3.0%. In the latest quarter profit fell 149% versus the prior quarter.
At 90× earnings, the stock sits at the 92nd percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price already implies ~54%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 449.23 | — | — |
| P/B | 2.85 | 7.09 | better |
| EV/EBITDA | 66.5 | 17.09 | worse |
| ROE | 2.96 | 4.84 | worse |
| ROCE | 2.01 | — | — |
| ROA | 0.12 | — | — |
| Quick Ratio | 0.26 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Bajaj Finance | 30.6 | 5.5 | 17.6% |
| Bajaj Finserv | 13.6 | 3.5 | 12.7% |
| Shriram Finance | 17.8 | 2.0 | 11.4% |
Not applicable for this sector.
Revenue has grown every year across all 4 financial years shown. 22% CAGR over 3 years — high-growth territory.
Revenue is outpacing profit (22% vs -72%) — costs are rising faster than the top line. The latest year saw a -60% swing — check if it's a one-off or structural.
Operating margin has compressed from 70% to 1% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 2% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 116pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -70% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 24.9× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 17% above earlier ones.
2 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 149% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (2% → -2%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 31.3% — dispersed ownership; institutional flows drive the stock. Promoters added 5.0pp over 4 quarters — creeping acquisition signals conviction. FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction. MF stake down 3.4pp — domestic funds are booking profits or rebalancing out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.