Religare Enterprises Limited has released its investor presentation for the first quarter of FY27, ending June 30, 2026. The presentation details consolidated financial highlights, including a revenue of ₹2,358.4 Cr, marking a 26% YoY growth. The company also reported a net profit of ₹(46.9) Cr, with a net worth of ₹3,061.9 Cr. The report covers performance across its insurance and financial services businesses.
Religare Enterprises Q1 FY27 Performance Overview
Religare Enterprises Limited (REL) has unveiled its investor presentation for the first quarter of the financial year 2027 (Q1 FY27), covering the period ending June 30, 2026. This comprehensive update provides insights into the company’s operational and financial performance across its diversified business portfolio, including insurance and financial services.
Consolidated Financial Highlights
For Q1 FY27, Religare Enterprises reported consolidated revenue of ₹2,358.4 Cr, representing a substantial 26% year-on-year growth compared to the previous year’s ₹1,876.3 Cr. The company’s profit after tax for the quarter stood at ₹(46.9) Cr. Net worth at the end of Q1 FY27 was reported as ₹3,061.9 Cr, an increase of 20% year-on-year from ₹2,553.4 Cr. Cash and cash equivalents also saw significant growth, reaching ₹378.3 Cr, a 170% increase YoY.
Business Segment Performance
The presentation breaks down performance by key business segments:
Insurance Business (Care Health Insurance)
Gross Written Premium (GWP) for the insurance segment was ₹3,247 Cr, with a 37% YoY growth. The Combined Insurance Service Ratio was 102.7%, and Profit Before Tax stood at ₹163 Cr, reflecting a 59% YoY growth.
Broking Business (Religare Broking Limited)
Religare Broking reported total income of ₹99.5 Cr, a 7% YoY growth. Profit After Tax was ₹7.5 Cr, with a 65% YoY growth. The Net Worth for the broking arm reached ₹384.4 Cr, up 6% YoY.
Financial Services (Religare Finvest Limited)
Religare Finvest’s Total Income was ₹14.4 Cr, experiencing a (25%) YoY change. Profit After Tax was ₹15.1 Cr, down (16%) YoY. Net Worth increased to ₹914 Cr with a 17% YoY growth. Total Assets Under Management (AUM) stood at ₹247 Cr.
Housing Development Finance Corporation (RHDFCL)
Religare Housing Development Finance Corporation recorded Total Income of ₹7.4 Cr, a 3% YoY growth. The Capital to Risk-Weighted Assets Ratio (CRAR) was 121%, indicating adequate capitalization.
Key Leadership Appointments
The company also highlighted key leadership appointments aimed at strengthening leadership across its businesses to drive growth. These include appointments for Managing Director, CEO, Executive Director, and Whole Time Director & CFO roles across various subsidiaries.
Demerger Update
An update regarding a demerger indicates that following communication from the RBI on August 6, Religare Enterprises Limited (REL) and Religare Finvest Limited (RFL) will engage with the regulator for further clarifications.
Source: BSE
