General information about company |
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|---|---|
| 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-Apr-2024 |
| Date of end of financial year | 31-Mar-2025 |
| Date of board meeting when results were approved | 20-May-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 15-May-2025 |
| Description of presentation currency | INR (in Actuals) |
| Reporting Type | Quarterly |
| Reporting Quarter | Fourth quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 20-May-2025 18:00:00 |
| End date and time of board meeting | 20-May-2025 18:40:00 |
| 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 | Declaration of unmodified opinion |
Financial Results — NBFC |
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|---|---|---|---|
| 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-Jan-2025 | 01-Apr-2024 |
| B | Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Part I | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column. | ||
| 1 | Income | ||
| Revenue from operations | |||
| (i) | Interest Income | 1748855000 | 6927994000 |
| (ii) | Dividend Income | 12048000 | 47311000 |
| (iii) | Rental Income | 0 | 0 |
| (iv) | Fees and commission Income | 5084000 | 24364000 |
| (v) | Net gain on fair value changes | 0 | 13504000 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 0 | 0 |
| (vii) | Sale of products (including Excise Duty) | 0 | 0 |
| (viii) | Sale of services | 597481000 | 2731696000 |
| (ix) | Other revenue from operations | ||
| 1 | Income From Insurance Premium (Net) | 17861765000 | 63459119000 |
| 2 | Other | 58787000 | 338376000 |
| Total other revenue from operations | 17920552000 | 63797495000 | |
| Total Revenue From Operations | 20284020000 | 73542364000 | |
| Other income | 128305000 | 426436000 | |
| Total income | 20412325000 | 73968800000 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0 | 0 | |
| Purchases of stock-in-trade | 0 | 0 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0 | 0 | |
| Employee benefit expense | 2562743000 | 11053108000 | |
| Finance costs | 57902000 | 371380000 | |
| Depreciation, depletion and amortisation expense | 173456000 | 620004000 | |
| Fees and commission expense | 4225081000 | 14460508000 | |
| Net loss on fair value changes | 6330000 | 10027000 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0 | 0 | |
| Impairment on financial instruments | -322972000 | -616621000 | |
| (f) | Other expenses | ||
| 1 | Other Expenses | 11488671000 | 45637393000 |
| Total other expenses | 11488671000 | 45637393000 | |
| Total expenses | 18191211000 | 71535799000 | |
| 3 | Total profit before exceptional items and tax | 2221114000 | 2433001000 |
| 4 | Exceptional items | 0 | 0 |
| 5 | Total profit before tax | 2221114000 | 2433001000 |
| 7 | Tax expense | ||
| 8 | Current tax | 561464000 | 640283000 |
| 9 | Deferred tax | 146662000 | -40525000 |
| 10 | Total tax expenses | 708126000 | 599758000 |
| 11 | Net Profit Loss for the period from continuing operations | 1512988000 | 1833243000 |
| 12 | Profit (loss) from discontinued operations before tax | 0 | 0 |
| 13 | Tax expense of discontinued operations | 0 | 0 |
| 17 | Net profit (loss) from discontinued operation after tax | 0 | 0 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0 | 0 |
| 15 | Total profit (loss) for period | 1512988000 | 1833243000 |
| 16 | Other comprehensive income net of taxes | 257741000 | 678728000 |
| 17 | Total Comprehensive Income for the period | 1770729000 | 2511971000 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 990590000 | 1251933000 | |
| Total profit or loss, attributable to non-controlling interests | 522398000 | 581310000 | |
| 19 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 1146655000 | 1670615000 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 624074000 | 841356000 | |
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 3306537000 | 3306537000 | |
| 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 | 3 | 3.79 | |
| Diluted earnings per share from continuing operations | 2.98 | 3.78 | |
| 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 | 3 | 3.79 | |
| Diluted earnings per share | 2.98 | 3.78 | |
| 23 | Debt equity ratio | 0.0 | 0.0 |
| 24 | Debt service coverage ratio | 0.0 | 0.0 |
| 25 | Interest service coverage ratio | 0.0 | 0.0 |
| 26 | Disclosure of notes on financial results | ||
Remarks |
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|---|---|---|
| 23 | Debt equity ratio | |
| 24 | Debt service coverage ratio | |
| 25 | Interest service coverage ratio | |
Cash flow statement, indirect |
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|---|---|---|---|
| Particulars | Year ended (dd-mm-yyyy) | ||
| A | Date of start of reporting period | 01-Apr-2024 | |
| B | Date of end of reporting period | 31-Mar-2025 | |
| C | Whether results are audited or unaudited | Audited | |
| D | Nature of report standalone or consolidated | Consolidated | |
| Part I | Blue color marked fields are non-mandatory. | ||
| Statement of cash flows | |||
| Cash flows from used in operating activities | |||
| Profit before tax | 2433001000 | ||
| Adjustments for reconcile profit (loss) | |||
| Adjustments for finance costs | 352376000 | ||
| Adjustments for decrease (increase) in inventories | -2014000 | ||
| Adjustments for decrease (increase) in trade receivables, current | 540538000 | ||
| Adjustments for decrease (increase) in trade receivables, non-current | 0 | ||
| Adjustments for decrease (increase) in other current assets | 1903604000 | ||
| Adjustments for decrease (increase) in other non-current assets | 0 | ||
| Adjustments for other financial assets, non-current | 0 | ||
| Adjustments for other financial assets, current | 0 | ||
| Adjustments for other bank balances | 0 | ||
| Adjustments for increase (decrease) in trade payables, current | 4175450000 | ||
| Adjustments for increase (decrease) in trade payables, non-current | 0 | ||
| Adjustments for increase (decrease) in other current liabilities | 8694048000 | ||
| Adjustments for increase (decrease) in other non-current liabilities | 0 | ||
| Adjustments for depreciation and amortisation expense | 620004000 | ||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | -346838000 | ||
| Adjustments for provisions, current | 3919196000 | ||
| Adjustments for provisions, non-current | 0 | ||
| Adjustments for other financial liabilities, current | 0 | ||
| Adjustments for other financial liabilities, non-current | 0 | ||
| Adjustments for unrealised foreign exchange losses gains | 0 | ||
| Adjustments for dividend income | 47311000 | ||
| Adjustments for interest income | 6337353000 | ||
| Adjustments for share-based payments | 0 | ||
| Adjustments for fair value losses (gains) | 0 | ||
| Adjustments for undistributed profits of associates | 0 | ||
| Other adjustments for which cash effects are investing or financing cash flow | -216314000 | ||
| Other adjustments to reconcile profit (loss) | 0 | ||
| Other adjustments for non-cash items | -48537000 | ||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0 | ||
| Total adjustments for reconcile profit (loss) | 13206849000 | ||
| Net cash flows from (used in) operations | 15639850000 | ||
| Dividends received | 0 | ||
| Interest paid | 0 | ||
| Interest received | 0 | ||
| Income taxes paid (refund) | -79320000 | ||
| Other inflows (outflows) of cash | 0 | ||
| Net cash flows from (used in) operating activities | 15719170000 | ||
| Cash flows from used in investing activities | |||
| Cash flows from losing control of subsidiaries or other businesses | 0 | ||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0 | ||
| Other cash receipts from sales of equity or debt instruments of other entities | 8544999000 | ||
| Other cash payments to acquire equity or debt instruments of other entities | 27397647000 | ||
| Other cash receipts from sales of interests in joint ventures | 0 | ||
| Other cash payments to acquire interests in joint ventures | 0 | ||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0 | ||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0 | ||
| Proceeds from sales of property, plant and equipment | 3215000 | ||
| Purchase of property, plant and equipment | 248865000 | ||
| Proceeds from sales of investment property | 0 | ||
| Purchase of investment property | 0 | ||
| Proceeds from sales of intangible assets | 0 | ||
| Purchase of intangible assets | 0 | ||
| Proceeds from sales of intangible assets under development | 0 | ||
| Purchase of intangible assets under development | 0 | ||
| Proceeds from sales of goodwill | 0 | ||
| Purchase of goodwill | 0 | ||
| Proceeds from biological assets other than bearer plants | 0 | ||
| Purchase of biological assets other than bearer plants | 0 | ||
| Proceeds from government grants | 0 | ||
| Proceeds from sales of other long-term assets | 0 | ||
| Purchase of other long-term assets | 0 | ||
| Cash advances and loans made to other parties | 0 | ||
| Cash receipts from repayment of advances and loans made to other parties | 0 | ||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0 | ||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0 | ||
| Dividends received | 47311000 | ||
| Interest received | 6340643000 | ||
| Income taxes paid (refund) | 0 | ||
| Other inflows (outflows) of cash | 863201000 | ||
| Net cash flows from (used in) investing activities | -11847143000 | ||
| Cash flows from used in financing activities | |||
| Proceeds from changes in ownership interests in subsidiaries | 61983000 | ||
| Payments from changes in ownership interests in subsidiaries | 0 | ||
| Proceeds from issuing shares | 46413000 | ||
| Proceeds from issuing other equity instruments | 0 | ||
| Payments to acquire or redeem entity's shares | 0 | ||
| Payments of other equity instruments | 0 | ||
| Proceeds from exercise of stock options | 0 | ||
| Proceeds from issuing debentures notes bonds etc | 0 | ||
| Proceeds from borrowings | 0 | ||
| Repayments of borrowings | 2056557000 | ||
| Payments of lease liabilities | 373414000 | ||
| Dividends paid | 0 | ||
| Interest paid | 533272000 | ||
| Income taxes paid (refund) | 0 | ||
| Other inflows (outflows) of cash | 0 | ||
| Net cash flows from (used in) financing activities | -2854847000 | ||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 1017180000 | ||
| Effect of exchange rate changes on cash and cash equivalents | |||
| Effect of exchange rate changes on cash and cash equivalents | 0 | ||
| Net increase (decrease) in cash and cash equivalents | 1017180000 | ||
| Cash and cash equivalents cash flow statement at beginning of period | 2009500000 | ||
| Cash and cash equivalents cash flow statement at end of period | 3026680000 | ||
Statement of Asset and Liabilities |
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|---|---|---|---|
| Particulars | Year ended (dd-mm-yyyy) | ||
| Date of start of reporting period | 01-Apr-2024 | ||
| Date of end of reporting period | 31-Mar-2025 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Assets | |||
| 1 | Finanical Asset | ||
| Cash and cash equivalents | 3026680000 | ||
| Bank Balance other than (a) above | 7840722000 | ||
| Derivative financial instruments | |||
| Receivables | |||
| (I) Trade Receivables | 849024000 | ||
| (II) Other Receivables | |||
| Loans | 4305498000 | ||
| Investments | 87000856000 | ||
| Other Financial assets | 3243917000 | ||
| Total Financial Assets | 106266697000 | ||
| 2 | Non Financial Asset | ||
| Inventories | 28196000 | ||
| Current tax assets (Net) | 1020727000 | ||
| Deferred tax Assets (Net) | 534191000 | ||
| Investment Property | |||
| Biological assets other than bearer plants | |||
| Property, Plant and Equipment | 1138695000 | ||
| Capital work-in-progress | 19662000 | ||
| Intangible assets under development | 60944000 | ||
| Goodwill | 97204000 | ||
| Other Intangible assets | 213085000 | ||
| Other non-financial assets (to be specified) | 2909004000 | ||
| Total Non Financial Assets | 6021708000 | ||
| Total assets | 112288405000 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 3306537000 | ||
| Other equity | 21851693000 | ||
| Total equity attributable to owners of parent | 25158230000 | ||
| Non controlling interest | 9209264000 | ||
| Total equity | 34367494000 | ||
| 2 | Liabilities | ||
| 2.1 | Financial Liabilities | ||
| (a) | Derivative financial instruments | 0 | |
| (b) | Payables | 0 | |
| (I)Trade Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 33080000 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 14370796000 | ||
| II) Other Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 12586000 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 2004129000 | ||
| (C ) | Debt Securities | 0 | |
| (d) | Borrowings (Other than Debt Securities) | 1382344000 | |
| (e) | Deposits | 0 | |
| (f) | Subordinated Liabilities | 0 | |
| (g) | Other financial liabilities | 11075160000 | |
| Total Financial Liabilities | 28878095000 | ||
| 2.2 | Non-Financial Liabilities | ||
| (a) | Current tax liabilities (Net) | 513805000 | |
| (b) | Provisions | 33175399000 | |
| (C ) | Deferred tax liabilities (Net) | 0 | |
| (d) | Other non-financial liabilities | 15353612000 | |
| Total Non Financial Liabilities | 49042816000 | ||
| Total liabilities | 77920911000 | ||
| Total equity and liabilites | 112288405000 | ||
| Disclosure of notes on assets and liabilities | |||
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results |
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|---|---|---|---|
| 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-Jan-2025 | 01-Apr-2024 |
| B | Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 |
| Whether accounts are audited or unaudited | Audited | Audited | |
| Nature of report standalone or consolidated | Consolidated | Consolidated | |
| 1 | Segment Revenue (Income) | ||
| (net sale/income from each segment should be disclosed) | |||
| 1 | Investment and Financing Activities | 231567000 | 1123752000 |
| 2 | Broking Related Activities | 640335000 | 3225571000 |
| 3 | E-Governance | 189340000 | 585936000 |
| 4 | Insurance | 19354894000 | 69024464000 |
| 5 | Unallocated | 26057000 | 173698000 |
| Total Segment Revenue | 20442193000 | 74133421000 | |
| Less: Inter segment revenue | 29868000 | 164621000 | |
| Revenue from operations | 20412325000 | 73968800000 | |
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| 1 | Investment and Financing Activities | 352507000 | -47018000 |
| 2 | Broking Related Activities | -2235000 | 233485000 |
| 3 | E-Governance | 52958000 | 115331000 |
| 4 | Insurance | 1955183000 | 2141207000 |
| 5 | Unallocated | -137299000 | -10004000 |
| Total Profit before tax | 2221114000 | 2433001000 | |
| i. Finance cost | |||
| ii. Other Unallocable Expenditure net off Unallocable income | |||
| Profit before tax | 2221114000 | 2433001000 | |
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| 1 | Investment and Financing Activities | 8484156000 | 8484156000 |
| 2 | Broking Related Activities | 10511831000 | 10511831000 |
| 3 | E-Governance | 276308000 | 276308000 |
| 4 | Insurance | 92480988000 | 92480988000 |
| 5 | Unallocated | 535122000 | 535122000 |
| Total Segment Asset | 112288405000 | 112288405000 | |
| Un-allocable Assets | 0 | 0 | |
| Net Segment Asset | 112288405000 | 112288405000 | |
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| 1 | Investment and Financing Activities | 1550674000 | 1550674000 |
| 2 | Broking Related Activities | 7416515000 | 7416515000 |
| 3 | E-Governance | 215393000 | 215393000 |
| 4 | Insurance | 68375595000 | 68375595000 |
| 5 | Unallocated | 362734000 | 362734000 |
| Total Segment Liabilities | 77920911000 | 77920911000 | |
| Un-allocable Liabilities | 0 | 0 | |
| Net Segment Liabilities | 77920911000 | 77920911000 | |
| Disclosure of notes on segments | |||
Other Comprehensive Income |
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|---|---|---|---|
| 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-Jan-2025 | 01-Apr-2024 |
| B | Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 |
| C | Whether results are audited or unaudited | Audited | Audited |
| 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 | -36257000 | -68203000 |
| 2 | Fair Value Gain / (Loss) on Equity Instruments Designated as FVTOCI | -161286000 | 26962000 |
| 3 | Income Tax Impact [(Charged) / Credit] on Above Items | 48933000 | 7960000 |
| 4 | Net Gain / (Loss) on Other Approved Securities FVTOCI | 406351000 | 712009000 |
| 5 | Exchange differences on translation of financial statements of foreign operations | 0 | 0 |
| Total Amount of items that will not be reclassified to profit and loss | 257741000 | 678728000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0 | 0 |
| 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 | 0 |
| 5 | Total Other comprehensive income | 257741000 | 678728000 |
Details of Impact of Audit Qualification |
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|---|---|
| Whether results are audited or unaudited | Audited |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | J C Bhalla & Co | Yes | 31-Dec-2027 | ||
|---|---|---|---|---|---|
Financial details |
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| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
| 1 | Turnover / Total income | ||
| 2 | Total Expenditure | ||
| 3 | Net Profit/(Loss) | ||
| 4 | Earnings Per Share | ||
| 5 | Total Assets | ||
| 6 | Total Liabilities | ||
| 7 | Net Worth | ||
Signatories details |
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| Name of CEO / Managing director | |
| Name of CFO | |
| Name of audit committee chairman | |
| Name of statutory auditor | |
| Name of other signatory, if any, with designation | |
| Place | |
| Date | |