AI Summary
✦ ClarthaReligare Enterprises is a financial services company spanning SME and housing finance, broking, e-governance, and insurance. Equity, currency, and commodity broking, alongside financing products, drive core financial-services revenue. RBI’s rejection of the proposed demerger limits restructuring flexibility and may delay operational or capital-allocation benefits. Revenue grew 14.7%, but profit declined 31%, despite improving margins. ROE is only 2.0%, while 12.72 debt-to-equity indicates severe leverage impact on shareholder returns. At 90.1 times earnings, the stock trades at a substantial premium despite weak profit growth and low ROE. Valuation appears rich, with regulatory uncertainty and leverage remaining key open risks.
Valuation Metrics
Trading 2.0% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.4). Confidence: 91%.
Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.
5Y Average
2.95
Current
2.63
Overvalued
3.39
Undervalued
2.50
5Y Average
79.54
Current
90.06
Overvalued
98.12
Undervalued
86.43
5Y Average
0.82
Current
0.92
Overvalued
0.95
Undervalued
0.70
Peers & Comparison
Sector: Financials · Theme: Investment Banking & Brokerage
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
CHOICE INTERNATIONAL LTD CHOICEINInvestment Banking & Brokerage | +21.8% | 20.6% | 75.0x Premium | +160% vs avg | +9.9% |
JM FINANCIAL LIMITED JMFINANCILInvestment Banking & Brokerage | -10.3% | 30.9% | 11.7x Undervalued | -60% vs avg | -20.3% |
TSF INVESTMENTS LIMITED TSFINVInvestment Banking & Brokerage | +70.9% | 44.6% | 18.5x Undervalued | -36% vs avg | -3.2% |
IIFL FINANCE LIMITED IIFLInvestment Banking & Brokerage | +31.8% | 24.2% | 12.8x Undervalued | -56% vs avg | +35.9% |
ANGEL ONE LIMITED ANGELONEInvestment Banking & Brokerage | +23.0% | 20.7% | 26.6x Fair | -8% vs avg | +14.6% |
RELIGARE ENTER. LTD. trades at a premium (89.0x vs peer avg 28.9x), implying higher growth or quality expectations from the Investment Banking & Brokerage cohort. Peers include CHOICE INTERNATIONAL LTD, JM FINANCIAL LIMITED, TSF INVESTMENTS LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹1.72 CrApr 2026Interest
₹-0.19 CrProfit conversionPerformance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Apr 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2016 | Apr 2026 |
|---|---|---|
| Sales | 12.23 | 1.72 |
| Interest | 26.7 | 0.19 |
| Depreciation | 0.14 | 0.56 |
| EPS in Rs | -3.86 | — |
All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.