Religare Enterprises Reports Strong Q1 FY27 Results; Total Income Grows 26% Year-on-Year

Religare Enterprises Reports Strong Q1 FY27 Results; Total Income Grows 26% Year-on-Year​

New Delhi, India, August 12, 2026: Religare Enterprises Limited (REL) announced its Q1 FY27 results, showcasing disciplined operational execution and continued strategic capital deployment across its diverse financial services portfolio. The consolidated income grew by 26% year-on-year, driven notably by performance in the insurance and broking verticals.

The company’s total consolidated income stood at ₹2358.43 crore for Q1 FY27, compared to ₹1876.25 crore in Q1 FY26. Consolidated Profit After Tax (PAT) was reported at ₹(46.98) crore, down from ₹8.12 crore in the preceding quarter.

Key Highlights Across Financial Segments​

The performance of key subsidiaries and business units reflected various degrees of momentum and strengthening during the quarter:

Care Health Insurance Limited (CHIL):
CHIL demonstrated significant growth, with Gross Written Premium growing 37% year-on-year to ₹3247 crore. Profit Before Tax (PBT) at CHIL reached ₹163 crore, marking a 59% increase over the previous year. The company successfully completed a rights issue of ₹150 crore in June 2026 while maintaining adequate solvency ratios.

Religare Broking Limited (RBL):
The broking business maintained momentum, reporting a total income of ₹99.5 crore for Q1 FY27. This reflected a 7% year-on-year growth, and the Profit After Tax (PAT) increased by 65% YoY to ₹7.5 crore. RBL reported Assets Under Custody at ₹47,946 crore as of June 30, 2026.

Religare Finvest Limited (RFL):
RFL’s Q1 FY27 performance was buoyed by strong recoveries, with Total Income standing at ₹14.4 crore and PAT at ₹15.1 crore. The company reported a Net Worth of ₹914 crore and maintained a healthy cash balance of ₹609 crore as it prepares for business restart. Collection Efficiency stood at approximately 98%, while the Non-Performing Assets (NPA) was reported at 0.8%.

Religare Housing Development Finance Corporation Limited (RHDFCL):
For Q1 FY27, RHDFCL recorded a Total Income of ₹7.4 crore and maintained Assets Under Management (AUM) at ₹247 crore. The company's asset quality stood at 4.4% for GNPA and 3.3% for NNPA, with Capital Adequacy remaining at approximately 121%.

Corporate Governance and Strategic Reinforcements​

The board-level changes focused on strengthening leadership and improving the Group’s financial stability:

• Management Change: Mr. Arjun Lamba was re-designated as Managing Director of Religare Enterprises Limited, effective August 12, 2026, following a review process.
• Capital Strengthening: The company reported that warrant conversion amounting to ₹147 crore was completed in June 2026, significantly bolstering the Group’s liquidity position.
• Shareholding: Promoter shareholding increased to 30.56% as of June 30, 2026, following the aforementioned warrant conversion.

Mr. Pratul Gupta, Chief Financial Officer of Religare Enterprises Limited, commented that "Q1 FY27 demonstrates disciplined operational execution across our portfolio." He added that the company is executing its growth roadmap with operational rigor and remains confident in a path toward sustainable profitability across all business lines.

RELIGARE Stock Price Movement​

Religare Enterprises Limited saw its stock gain on Wednesday, trading up by 5.59% and settling at ₹237.50 after a strong session. The equity generated robust activity throughout the day, with over 1.14 million shares changing hands in the market.