| Scrip code | 532915 |
|---|---|
| NSE Symbol | RELIGARE |
| MSEI Symbol | NOTLISTED |
| ISIN | INE621H01010 |
| Name of company | RELIGARE ENTERPRISES LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 13-11-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 10-11-2025 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Second quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 13-11-2025 16:24:00 |
| End date and time of board meeting | 13-11-2025 18:14:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | |||
| (i) | Interest Income | 20,272.29 | 39,217.17 |
| (ii) | Dividend Income | 134.15 | 258.08 |
| (iii) | Rental Income | 0.00 | 0.00 |
| (iv) | Fees and commission Income | 101.37 | 519.53 |
| (v) | Net gain on fair value changes | 0.00 | 945.83 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 |
| (vii) | Sale of products (including Excise Duty) | 0.00 | 0.00 |
| (viii) | Sale of services | 4,437.78 | 10,840.81 |
| (ix) | Other revenue from operations | ||
| 1 | Income From Insurance Premium (Net) | 1,79,621.33 | 3,37,673.96 |
| 2 | Other | 1,854.25 | 3,103.92 |
| Total other revenue from operations | 1,81,475.58 | 3,40,777.88 | |
| Total Revenue From Operations | 2,06,421.17 | 3,92,559.30 | |
| Other income | 1,847.97 | 2,878.81 | |
| Total income | 2,08,269.14 | 3,95,438.11 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0.00 | 0.00 | |
| Purchases of stock-in-trade | 0.00 | 0.00 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 | |
| Employee benefit expense | 29,539.45 | 54,974.19 | |
| Finance costs | 976.05 | 1,708.86 | |
| Depreciation, depletion and amortisation expense | 1,213.93 | 2,469.09 | |
| Fees and commission expense | 36,717.90 | 66,141.65 | |
| Net loss on fair value changes | 379.35 | 379.35 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 | |
| Impairment on financial instruments | (5,392.76) | (7,327.00) | |
| (f) | Other expenses | ||
| 1 | Other Expenses | 1,39,090.15 | 2,70,773.65 |
| Total other expenses | 1,39,090.15 | 2,70,773.65 | |
| Total expenses | 2,02,524.07 | 3,89,119.79 | |
| 3 | Total profit before exceptional items and tax | 5,745.07 | 6,318.32 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 5,745.07 | 6,318.32 |
| 7 | Tax expense | ||
| 8 | Current tax | 349.25 | 543.85 |
| 9 | Deferred tax | 802.94 | 369.24 |
| 10 | Total tax expenses | 1,152.19 | 913.09 |
| 11 | Net Profit Loss for the period from continuing operations | 4,592.88 | 5,405.23 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 17 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 15 | Total profit (loss) for period | 4,592.88 | 5,405.23 |
| 16 | Other comprehensive income net of taxes | (2,700.29) | 1,769.35 |
| 17 | Total Comprehensive Income for the period | 1,892.59 | 7,174.58 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 3,883.27 | 4,905.69 | |
| Total profit or loss, attributable to non-controlling interests | 709.61 | 499.54 | |
| 19 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 2,182.21 | 6,007.71 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | (289.62) | 1,166.87 | |
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 33,075.47 | 33,075.47 | |
| Face value of equity share capital | 0 | 0 | |
| 21 | Reserves excluding revaluation reserve | ||
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 1.17 | 1.48 | |
| Diluted earnings per share from continuing operations | 1.15 | 1.47 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | 1.17 | 1.48 | |
| Diluted earnings per share | 1.15 | 1.47 | |
| 23 | Debt equity ratio | 0.00 | 0.00 |
| 24 | Debt service coverage ratio | 0.00 | 0.00 |
| 25 | Interest service coverage ratio | 0.00 | 0.00 |
| 26 | Disclosure of notes on financial results | ||
| 23 | Debt equity ratio | |
|---|---|---|
| 24 | Debt service coverage ratio | |
| 25 | Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| A | Date of start of reporting period | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated |
| Statement of cash flows | ||
| Cash flows from used in operating activities | ||
| Profit before tax | 6,318.32 | |
| Adjustments for reconcile profit (loss) | ||
| Adjustments for finance costs | 1,563.76 | |
| Adjustments for decrease (increase) in inventories | (55.28) | |
| Adjustments for decrease (increase) in trade receivables, current | (2,829.95) | |
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |
| Adjustments for decrease (increase) in other current assets | (9,368.48) | |
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |
| Adjustments for other financial assets, non-current | 0.00 | |
| Adjustments for other financial assets, current | 0.00 | |
| Adjustments for other bank balances | 0.00 | |
| Adjustments for increase (decrease) in trade payables, current | 11,274.30 | |
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |
| Adjustments for increase (decrease) in other current liabilities | 59,679.80 | |
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |
| Adjustments for depreciation and amortisation expense | 2,469.09 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 1,504.80 | |
| Adjustments for provisions, current | 1,421.71 | |
| Adjustments for provisions, non-current | 0.00 | |
| Adjustments for other financial liabilities, current | 0.00 | |
| Adjustments for other financial liabilities, non-current | 0.00 | |
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |
| Adjustments for dividend income | 258.08 | |
| Adjustments for interest income | 37,478.21 | |
| Adjustments for share-based payments | 167.93 | |
| Adjustments for fair value losses (gains) | (1,085.92) | |
| Adjustments for undistributed profits of associates | 0.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | (1,362.78) | |
| Other adjustments to reconcile profit (loss) | 0.00 | |
| Other adjustments for non-cash items | (740.84) | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Total adjustments for reconcile profit (loss) | 24,901.85 | |
| Net cash flows from (used in) operations | 31,220.17 | |
| Dividends received | 0.00 | |
| Interest paid | 0.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 5,748.39 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) operating activities | 25,471.78 | |
| Cash flows from used in investing activities | ||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 3,12,547.89 | |
| Other cash payments to acquire equity or debt instruments of other entities | 4,30,976.70 | |
| Other cash receipts from sales of interests in joint ventures | 0.00 | |
| Other cash payments to acquire interests in joint ventures | 0.00 | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Proceeds from sales of property, plant and equipment | 101.00 | |
| Purchase of property, plant and equipment | 734.75 | |
| Proceeds from sales of investment property | 0.00 | |
| Purchase of investment property | 0.00 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | 0.00 | |
| Proceeds from sales of intangible assets under development | 0.00 | |
| Purchase of intangible assets under development | 0.00 | |
| Proceeds from sales of goodwill | 0.00 | |
| Purchase of goodwill | 0.00 | |
| Proceeds from biological assets other than bearer plants | 0.00 | |
| Purchase of biological assets other than bearer plants | 0.00 | |
| Proceeds from government grants | 0.00 | |
| Proceeds from sales of other long-term assets | 0.00 | |
| Purchase of other long-term assets | 0.00 | |
| Cash advances and loans made to other parties | 0.00 | |
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Dividends received | 258.08 | |
| Interest received | 36,285.48 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | (2,064.18) | |
| Net cash flows from (used in) investing activities | (84,583.18) | |
| Cash flows from used in financing activities | ||
| Proceeds from changes in ownership interests in subsidiaries | 6,654.63 | |
| Payments from changes in ownership interests in subsidiaries | 0.00 | |
| Proceeds from issuing shares | 100.99 | |
| Proceeds from issuing other equity instruments | 37,500.00 | |
| Payments to acquire or redeem entity's shares | 0.00 | |
| Payments of other equity instruments | 0.00 | |
| Proceeds from exercise of stock options | 0.00 | |
| Proceeds from issuing debentures notes bonds etc | 0.00 | |
| Proceeds from borrowings | 9,462.85 | |
| Repayments of borrowings | 0.00 | |
| Payments of lease liabilities | 1,636.73 | |
| Dividends paid | 0.00 | |
| Interest paid | 1,015.41 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) financing activities | 51,066.33 | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (8,045.07) | |
| Effect of exchange rate changes on cash and cash equivalents | ||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |
| Net increase (decrease) in cash and cash equivalents | (8,045.07) | |
| Cash and cash equivalents cash flow statement at beginning of period | 30,266.80 | |
| Cash and cash equivalents cash flow statement at end of period | 22,221.73 | |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 30-09-2025 | ||
| Whether results are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Assets | |||
| 1 | Finanical Asset | ||
| Cash and cash equivalents | 22,221.73 | ||
| Bank Balance other than (a) above | 80,391.21 | ||
| Derivative financial instruments | 0.00 | ||
| Receivables | |||
| (I) Trade Receivables | 11,330.86 | ||
| (II) Other Receivables | 0.00 | ||
| Loans | 50,195.71 | ||
| Investments | 9,92,383.16 | ||
| Other Financial assets | 37,249.56 | ||
| Total Financial Assets | 11,93,772.23 | ||
| 2 | Non Financial Asset | ||
| Inventories | 337.24 | ||
| Current tax assets (Net) | 10,221.17 | ||
| Deferred tax Assets (Net) | 5,056.81 | ||
| Investment Property | 0.00 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Property, Plant and Equipment | 10,396.14 | ||
| Capital work-in-progress | 0.00 | ||
| Intangible assets under development | 532.83 | ||
| Goodwill | 972.04 | ||
| Other Intangible assets | 1,774.45 | ||
| Other non-financial assets (to be specified) | 27,401.69 | ||
| Total Non Financial Assets | 56,692.37 | ||
| Total assets | 12,50,464.60 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 33,075.47 | ||
| Other equity | 2,57,506.62 | ||
| Total equity attributable to owners of parent | 2,90,582.09 | ||
| Non controlling interest | 10432313000 | ||
| Total equity | 3,94,905.22 | ||
| 2 | Liabilities | ||
| 2.1 | Financial Liabilities | ||
| (a) | Derivative financial instruments | 0.00 | |
| (b) | Payables | 0.00 | |
| (I)Trade Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 64.10 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 1,56,708.91 | ||
| II) Other Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 15.84 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 18,691.36 | ||
| (C ) | Debt Securities | 0.00 | |
| (d) | Borrowings (Other than Debt Securities) | 23,286.29 | |
| (e) | Deposits | 0.00 | |
| (f) | Subordinated Liabilities | 0.00 | |
| (g) | Other financial liabilities | 1,36,313.80 | |
| Total Financial Liabilities | 3,35,080.30 | ||
| 2.2 | Non-Financial Liabilities | ||
| (a) | Current tax liabilities (Net) | 8.56 | |
| (b) | Provisions | 3,33,575.97 | |
| (C ) | Deferred tax liabilities (Net) | ||
| (d) | Other non-financial liabilities | 1,86,894.55 | |
| Total Non Financial Liabilities | 5,20,479.08 | ||
| Total liabilities | 8,55,559.38 | ||
| Total equity and liabilites | 12,50,464.60 | ||
| Disclosure of notes on assets and liabilities | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| Whether results are audited or unaudited | Unaudited | Unaudited | |
| Nature of report standalone or consolidated | Consolidated | Consolidated | |
| 1 | Segment Revenue (Income) | ||
| (net sale/income from each segment should be disclosed) | |||
| 1 | (a) Investment and Financing Activities | 2,540.70 | 5,012.18 |
| 2 | (b) Support Services | 0.00 | 0.00 |
| 3 | (c) Broking Related Activities | 7,368.85 | 14,548.04 |
| 4 | (d) E-Governance | 1,450.58 | 3,483.87 |
| 5 | (e) Insurance | 1,96,755.49 | 3,72,358.46 |
| 6 | (f) Unallocated | 420.37 | 559.22 |
| Total Segment Revenue | 2,08,535.99 | 3,95,961.77 | |
| Less: Inter segment revenue | 266.85 | 523.66 | |
| Revenue from operations | 2,08,269.14 | 3,95,438.11 | |
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| 1 | (a) Investment and Financing Activities | 2,417.57 | 3,434.93 |
| 2 | (b) Support Services | 0.00 | 0.00 |
| 3 | (c) Broking Related Activities | 296.65 | 364.99 |
| 4 | (d) E-Governance | (205.71) | 175.03 |
| 5 | (e) Insurance | 3,137.68 | 2,307.19 |
| 6 | (f) Unallocated | 98.88 | 36.18 |
| Total Profit before tax | 5,745.07 | 6,318.32 | |
| i. Finance cost | 0.00 | 0.00 | |
| ii. Other Unallocable Expenditure net off Unallocable income | 0.00 | 0.00 | |
| Profit before tax | 5,745.07 | 6,318.32 | |
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| 1 | (a) Investment and Financing Activities | 95,402.93 | 95,402.93 |
| 2 | (b) Support Services | 0.00 | 0.00 |
| 3 | (c) Broking Related Activities | 1,14,187.15 | 1,14,187.15 |
| 4 | (d) E-Governance | 2,759.19 | 2,759.19 |
| 5 | (e) Insurance | 10,35,432.79 | 10,35,432.79 |
| 6 | (f) Unallocated | 2,682.54 | 2,682.54 |
| Total Segment Asset | 12,50,464.60 | 12,50,464.60 | |
| Un-allocable Assets | 0.00 | 0.00 | |
| Net Segment Asset | 12,50,464.60 | 12,50,464.60 | |
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| 1 | (a) Investment and Financing Activities | 14,153.80 | 14,153.80 |
| 2 | (b) Support Services | 0.00 | 0.00 |
| 3 | (c) Broking Related Activities | 78,741.82 | 78,741.82 |
| 4 | (d) E-Governance | 2,232.44 | 2,232.44 |
| 5 | (e) Insurance | 7,58,281.00 | 7,58,281.00 |
| 6 | (f) Unallocated | 2,150.32 | 2,150.32 |
| Total Segment Liabilities | 8,55,559.38 | 8,55,559.38 | |
| Un-allocable Liabilities | 0.00 | 0.00 | |
| Net Segment Liabilities | 8,55,559.38 | 8,55,559.38 | |
| Disclosure of notes on segments | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement Gain or (Loss) on Defined Benefit Plans | -27709000 | -40027000 |
| 2 | Fair Value Gain / (Loss) on Equity Instruments Designated as FVTOCI | 0 | 0 |
| 3 | Income Tax Impact [(Charged) / Credit] on Above Items | 6107000 | 8775000 |
| 4 | Net Gain / (Loss) on Other Approved Securities FVTOCI | -248427000 | 208187000 |
| Total Amount of items that will not be reclassified to profit and loss | -270029000 | 176935000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (2,700.29) | 1,769.35 |