Financials Religare Enterprises Limited

Equities

RELIGARE

INE621H01010

Life & Health Insurance

Delayed NSE India S.E. 01:49:21 2024-04-29 am EDT 5-day change 1st Jan Change
217.5 INR -0.18% Intraday chart for Religare Enterprises Limited -1.63% +2.11%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 9,637 6,247 4,917 22,699 41,509 46,916
Enterprise Value (EV) 1 95,263 63,847 47,799 61,681 73,120 53,285
P/E ratio -0.81 x -0.46 x -0.48 x -4.44 x -2.54 x 1.53 x
Yield - - - - - -
Capitalization / Revenue 0.38 x 0.27 x 0.21 x 0.91 x 1.23 x 1 x
EV / Revenue 3.73 x 2.77 x 2.05 x 2.46 x 2.17 x 1.14 x
EV / EBITDA -32.8 x -9.94 x 17.8 x 25.8 x -26.7 x 12.3 x
EV / FCF 6.73 x -8.99 x 13.3 x 21.7 x 30 x -5.91 x
FCF Yield 14.9% -11.1% 7.54% 4.6% 3.33% -16.9%
Price to Book 0.57 x 0.77 x 4.87 x -48.2 x -4.23 x 2.28 x
Nbr of stocks (in thousands) 178,455 212,468 258,128 259,414 318,809 323,559
Reference price 2 54.00 29.40 19.05 87.50 130.2 145.0
Announcement Date 9/21/18 8/30/19 11/24/20 9/6/21 9/1/22 9/5/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 25,547 23,044 23,355 25,050 33,655 46,722
EBITDA 1 -2,905 -6,422 2,679 2,388 -2,742 4,340
EBIT 1 -3,131 -6,540 2,549 2,272 -2,866 4,160
Operating Margin -12.25% -28.38% 10.91% 9.07% -8.52% 8.9%
Earnings before Tax (EBT) 1 -15,779 -15,035 -10,301 -4,975 -10,311 32,586
Net income 1 -11,925 -12,872 -9,325 -5,085 -15,439 30,817
Net margin -46.68% -55.86% -39.93% -20.3% -45.87% 65.96%
EPS 2 -66.84 -63.32 -39.62 -19.69 -51.33 94.67
Free Cash Flow 1 14,160 -7,102 3,604 2,836 2,437 -9,012
FCF margin 55.43% -30.82% 15.43% 11.32% 7.24% -19.29%
FCF Conversion (EBITDA) - - 134.53% 118.75% - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 9/21/18 8/30/19 11/24/20 9/6/21 9/1/22 9/5/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 85,626 57,601 42,882 38,982 31,611 6,369
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -29.47 x -8.969 x 16.01 x 16.32 x -11.53 x 1.467 x
Free Cash Flow 1 14,160 -7,102 3,604 2,836 2,437 -9,012
ROE (net income / shareholders' equity) -51.2% -90.8% -167% -194% 1,313% 295%
ROA (Net income/ Total Assets) -1.06% -3.49% 1.8% 1.68% -1.98% 2.98%
Assets 1 1,124,894 369,091 -518,154 -301,811 779,062 1,034,574
Book Value Per Share 2 94.40 38.40 3.910 -1.820 -30.80 63.60
Cash Flow per Share 2 74.70 44.50 45.10 40.20 53.80 6.340
Capex 1 300 274 245 197 396 404
Capex / Sales 1.17% 1.19% 1.05% 0.79% 1.18% 0.86%
Announcement Date 9/21/18 8/30/19 11/24/20 9/6/21 9/1/22 9/5/23
1INR in Million2INR
Estimates
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