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Religare Enterprises Ltd. Stock Analysis

Small Cap
Evaluated by 689 users | BSE: 532915 | NSE: RELIGARE |
Finance - Investment
Religare Enterprises (REL) is engaged in providing financial products and services. REL provides services across three segments namely retail, institutional and wealth. The company offers a wide range of investment options and financial services. REL has pan India presence spanning across 1550...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Religare Enterprises Ltd. has not performed well majority of the past ten years indicating its past ten year financial track record is not good
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Operating Income (Rs. Cr.)10212756.612118510812534.6159.1
Y-o-Y Gr. Rt.-24.7%-55.3%113.6%52.5%-41.3%15.8%-72.4%-56.7%-39.1%
Adjusted EPS (Rs.)
Adjusted Earning per Share is the company’s net profit per share after adjusting for extra-ordinary/exceptional items
3.970.37-54.67-50.93-8.66-5.84.7-8.93-18.28-6.74
Y-o-Y Gr. Rt.--90.7%-14875.7%NANANANA-290%NANA
Book Value per Share (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
198.39226.21195.39144.11135.62136.32141.02104.0384.5272.08
Y-o-Y Gr. Rt.-14%-13.6%-26.2%-5.9%0.5%3.5%-26.2%-18.8%-14.7%
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%): Colour Rating Guide
  • >12 : Very Good
  • 8-12 : Somewhat Good
  • <8: Not Good
Net Profit/Total Funds (%)2.090.17-22.98-17.02-2.41-1.811.61-3.63-9.77-5.79
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Religare Enterprises Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Operating Income-23.5%-45.2%-58.2%-39.1%
Adjusted EPS
Adjusted Earnings per Share is the Company’s net profit per share after adjusting for extra-ordinary/exceptional items.
-206.1%NA-212.8%NA
Book Value per Share
-10.6%-11.9%-20.1%-14.7%
Share Price -18.6% -25.2% 10.4% 25.3%
Key Financial Ratios
RATIOS \ YEARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Margins
Net Profit Margin (%) 54.654.02-1441.25-629.06-70.18-95.5666.85-460.34-2178.18-1600.41
Performance Ratios
To view Performance Ratios Colour Rating Guide click here
Performance Ratios: Colour Rating Guide
  • >15 : Very Good
  • 12-15 : Somewhat Good
  • <12 : Not Good
Return on Equity (%) 3.440.18-26.89-30.02-6.19-4.643.39-7.29-19.4-9.51
Entity Percentage Holding
Promoters 0.88%
Institutions 23.02%
Non-Institutions 76.11%
Pledged *28.0568.0168.0168.0168.0168.0168.0168.0168.0168.01
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Religare Enterprises Ltd. and arrived at the following conclusion:

Past 10 year's financial track record indicates that Religare Enterprises Ltd. is a below average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Religare Enterprises Ltd.'s performance infers:

Religare Enterprises Ltd. earnings have grown by 0%, whereas share price has depreciated -25.2% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Religare Enterprises Ltd. share prices over the last 10 years. Here is what we found out:

Religare Enterprises Ltd. share price has depreciated -18.4% annually over the past ten years.

Religare Enterprises (REL) is engaged in providing financial products and services. REL provides services across three segments namely retail, institutional and wealth.

The company offers a wide range of investment options and financial services. REL has pan India presence spanning across 1550 locations in 460 cities and towns.

The company has acquired two hundred years old brokerage and investment firm-

Religare Enterprises (REL) is engaged in providing financial products and services. REL provides services across three segments namely retail, institutional and wealth.

The company offers a wide range of investment options and financial services. REL has pan India presence spanning across 1550 locations in 460 cities and towns.

The company has acquired two hundred years old brokerage and investment firm- Hichens, Harrison & Co. plc. This company was founded in 1803 in London. Today this firm is part of REL and renamed as Religare Hichens Harrison plc (RHH). RHH currently operates in 10 countries across the globe.

The company provides various services through its subsidiaries and associate companies namely Religare Securities, Religare Commodities, Religare Realty, Religare Capital Markets, Religare Hichens Harrison, Religare Finvest, Religare Insurance Broking, Religare Arts Initiative, Religare Venture Capital and Religare Asset Management

The company has taken initiatives and formed various companies such as Vistaar Religare Film Fund is a venture between REL and Vistaar Entertainment Ventures to fund films; REL’s Femme Power is an independent financial advisory platform managed by women, for women and BANCINVEST is building a relation with large private and public sector banks to offer online/ offline equities and portfolio management services.

For BANCINVEST the company has partnership with various banks namely Karur Vyas, IndusInd Bank, Tamilnad Mercantile Bank, Corporation Bank, Bank of Rajasthan, Vijay Co-operative Bank, etc.

REL has forayed in life insurance by entering into partnership with Aegon which is one of the world's largest life insurance and pension groups. This joint venture has formed a company named as Aegon Religare Life Insurance Company

Products and Services

Retail- Under this it provides products and services in area of equity trading, commodities trading, mutual funds, personal financial services, consumer finance and insurance. It also provides bonds, deposits, IPOs and small saving scheme. The company also has online investment portal www.religareonline.com that makes available all the investment options online.

Wealth- Under this the company provides wealth management services, portfolio management services and advisory services.

Institutional- The company provides range of services such as broking, investment banking and insurance advisory to institutional customers.

Assets Management- The company has acquired Lotus India Asset Management and renamed as Religare Asset management Company.

REL  entered into an IT infrastructure services agreement with IBM for deploying three energy-efficient and green Scalable Modular Data Centers (SMDCs) at a cost of $3.1 million.

Awards

2013•Religare Health Insurance has been awarded the ‘Editor’s Choice Award’ by Finnoviti for ‘Innovation in Product- Care’.

•Religare's  online Investor Education Initiative ‘www.smarterwithmoney.in’ has been conferred with ‘The Futurist Marketing Hall of Fame Award’.

•In Charge – Metals, Energy & Currency Research, Religare Securities Limited was conferred with ‘India’s Best Market Analyst- Commodities Technicals’ Award at ‘Zee India’s best Market Analyst Awards 2013’.

•The Indian Insurance Awards, has awarded AEGON Religare Life Insurance (ARLI) as the ‘E-Business Leader’ under the category of Overall Insurance Industry Awards.

•Religare Health Insurance has been awarded the ‘Technology Innovation in Health Insurance Award’ at the prestigious ‘Indian Insurance Awards - 2013’.

2012

•Religare Finvest Limited has been awarded the Finnoviti 2012 award in the “Innovation in Process” category.

•Religare Securities Limited has been awarded the 'Best Investor Education & Category Enhancement – Currency Broker' at the Bloomberg UTV Financial Leadership Awards.

•Religare Commodities Limited has been awarded the 'Best Commodity Broker' at the Bloomberg UTV Financial Leadership Awards.

2011

•Religare Capital Markets has been adjudged the 'Most Improved Brokerage in the Last 12 Months' by Asia Money Brokers Poll.
•Religare Broking TVC (archery creative) won Silver Abby in the Sound and Design craft category at Goafest 2011.
•Religare Capital Markets Limited has been awarded the coveted Starmine award for the 'Best Brokerage Research House'.
•Religare Commodities Ltd has been awarded the ''The Best Commodity Broker of the year'' at the Bloomberg UTV''s financial Leadership awards.
•Religare Enterprises Ltd presented the the Best Retail Marketing Campaign of the Year 2010 at Asia Retail Congress.
•Religare Enterprises Ltd received the coveted Master Brand Award for 2010 and Best Marketing Campaign of the year at World Brand Congress 2010.

2010
•Religare Securities Limited was awarded the 'Best Broking House with a Global Presence' by Dun and Bradstreet for 2010.
•Religare Tax Plan awarded the first runner up for NDTV mutual fund awards in the Equity Tax plan Category.
•Religare Capital Markets Ltd was awarded Best Deal in the Health Care Category for Acquisition of stake in Parkway Holdings Ltd by Fortis Health Care Ltd in the HealthCare/ Life Sciences Category.
•Religare awarded Greentech HR Excellence Awards, 2010 in 2 categories - Innovation in Recruitment & Technology Excellence in HR.
•Mr. Sunil Godhwani, conferred the ''Indian Business Leader of the Year'' award at the Global Indian Business Meeting hosted by Horasis.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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