| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 2.5K | 20.0% | 21.6% |
| Total Income | 2.5K | 19.6% | 21.2% |
| Expenditure | 2.3K | 8.1% | 29.0% |
| PBT | 127.17 | 223.4% | 42.8% |
| Net Profit | 95.65 | 225.0% | 36.8% |
| OPM | 5.78% | 10.39pp | 5.68pp |
| NPM | 3.87% | 7.57pp | 3.54pp |
| EPS | 2.47 | 80.3% | 17.7% |
Religare FY26 Revenue at ₹8,493.84 Cr, Up 14.7% YoY
12 May 2026 · 12 May, 10:21 pm
Summary
Religare Enterprises Limited reported a consolidated revenue of ₹8,493.84 crore for FY26, marking a 14.7% year-on-year growth, primarily fueled by its health insurance segment. However, the consolidated Profit After Tax (PAT) for FY26 was ₹73.16 crore, a significant decrease from the prior year. In Q4 FY26, revenue increased by 20.66% year-on-year to ₹2,473.3 crore, while PAT for the quarter stood at ₹95.65 crore. Executive Director Mr. Arjun Lamba emphasized strengthening the foundation across operating businesses through new leadership, aiming to build profitable, scalable, and sustainable ventures. The company is actively pursuing strategic initiatives, including a ₹1,500 crore capital raise and the ongoing demerger of its Financial Services business, to accelerate momentum in FY27 and drive long-term value creation.
Key Highlights
- 1
Consolidated Revenue for FY26 grew by 14.7% year-on-year to ₹8,493.84 crore, primarily led by the health insurance business.
- 2
Consolidated Profit After Tax (PAT) for FY26 stood at ₹73.16 crore.
- 3
The Health Insurance business reported a gross written premium of ₹11,417 crore in FY26, marking a 24% year-on-year increase and achieving a market share of 19.7% in the SAHI category.
- 4
Religare Broking Limited recorded an operating income of ₹373.4 crore in FY26, driven by a significant jump in Average Daily Turnover.
- 5
For Q4 FY26, consolidated revenue grew by 20.66% year-on-year to ₹2,473.3 crore, with PAT for the quarter at ₹95.65 crore.
- 6
The company successfully completed a capital raise of ₹1,500 crore via a preferential allotment of convertible warrants to the promoters and other investors during FY26.
- 7
The demerger of the Financial Services business continues to be on track, supporting the long-term value creation vision, alongside a substantially reconstituted Board and strengthened senior management.
Management Comments
Arjun Lamba
We are putting in place a solid foundation across all our operating businesses. Each entity now has leadership who come from reputed financial services institutions and bring vast experience with them. Going forward, you will see more such talent joining us. Our intent is to empower and incentivise these teams to build businesses that are profitable, scalable and sustainable over the long term.
Informational and educational content only. Not investment advice.