5329

Religare EnterprisesBSE:532915 Stock Report

Market Cap

₹54.0b

7D

10.9%

1Y

294.0%

Updated

20 Sep, 2021

Data

Company Financials
532915 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

532915 Overview

Religare Enterprises Limited operates as an investment company in India and internationally.

Share Price & News

How has Religare Enterprises's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532915 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 532915's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

10.9%

532915

0.6%

IN Capital Markets

1.2%

IN Market


1 Year Return

294.0%

532915

56.4%

IN Capital Markets

59.0%

IN Market

Return vs Industry: 532915 exceeded the Indian Capital Markets industry which returned 56.4% over the past year.

Return vs Market: 532915 exceeded the Indian Market which returned 59% over the past year.


Shareholder returns

532915IndustryMarket
7 Day10.9%0.6%1.2%
30 Day23.7%10.0%8.2%
90 Day35.0%17.3%11.6%
1 Year294.0%294.0%59.0%56.4%61.3%59.0%
3 Year352.8%352.8%47.7%41.4%59.3%51.4%
5 Year-35.1%-35.1%56.3%45.1%97.1%82.1%

Long-Term Price Volatility Vs. Market

How volatile is Religare Enterprises's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Religare Enterprises Fundamentals Summary

How do Religare Enterprises's earnings and revenue compare to its market cap?
532915 fundamental statistics
Market Cap₹54.01b
Earnings (TTM)-₹5.74b
Revenue (TTM)₹26.63b

2.0x

P/S Ratio

-9.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
532915 income statement (TTM)
Revenue₹26.63b
Cost of Revenue₹1.03b
Gross Profit₹25.59b
Expenses₹31.33b
Earnings-₹5.74b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 14, 2021

Earnings per share (EPS)-22.14
Gross Margin96.12%
Net Profit Margin-21.54%
Debt/Equity Ratio1,641.8%

How did 532915 perform over the long term?

See historical performance and comparison

Valuation

Is Religare Enterprises undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Religare Enterprises is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Religare Enterprises has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Religare Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.2%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Religare Enterprises has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Religare Enterprises performed over the past 5 years?

-1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532915 is currently unprofitable.

Growing Profit Margin: 532915 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 532915 is unprofitable, and losses have increased over the past 5 years at a rate of 1.3% per year.

Accelerating Growth: Unable to compare 532915's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 532915 is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (60.8%).


Return on Equity

High ROE: 532915 has a negative Return on Equity (-198.49%), as it is currently unprofitable.


Financial Health

How is Religare Enterprises's financial position?


Financial Position Analysis

Short Term Liabilities: 532915's short term assets (₹50.4B) exceed its short term liabilities (₹49.5B).

Long Term Liabilities: 532915's short term assets (₹50.4B) exceed its long term liabilities (₹34.8B).


Debt to Equity History and Analysis

Debt Level: 532915's debt to equity ratio (1641.8%) is considered high.

Reducing Debt: 532915's debt to equity ratio has increased from 495.1% to 1641.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 532915 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 532915 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.9% per year.


Dividend

What is Religare Enterprises's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 532915's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 532915's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532915's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532915's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 532915 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532915's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Rashmi Saluja (48 yo)

1.58yrs

Tenure

₹111,633,577

Compensation

Dr. Rashmi Saluja has been Executive Chairperson and Executive Director of Religare Enterprises Ltd. since February 25, 2020. Dr. Saluja serves as Non-Executive and Independent Director since March 08, 201...


CEO Compensation Analysis

Compensation vs Market: Rashmi's total compensation ($USD1.52M) is above average for companies of similar size in the Indian market ($USD377.40K).

Compensation vs Earnings: Rashmi's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: 532915's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: 532915's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 532915 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.9%.


Top Shareholders

Company Information

Religare Enterprises Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Religare Enterprises Limited
  • Ticker: 532915
  • Exchange: BSE
  • Founded: 1984
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: ₹54.006b
  • Shares outstanding: 318.05m
  • Website: https://www.religare.com

Number of Employees


Location

  • Religare Enterprises Limited
  • Tower A
  • 1st Floor
  • Noida
  • Uttar Pradesh
  • 201301
  • India

Listings


Biography

Religare Enterprises Limited operates as an investment company in India and internationally. The company provides broking services in equities, currencies, and commodities; depository participant services;...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 15:30
End of Day Share Price2021/09/20 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.