• Consolidated Revenue grew 14.7% YoY to ₹8,493.84 crore in FY26 led by the health insurance business
  • Consolidated PAT stands at ₹73.16 crore in FY26
  • Health Insurance business reported a gross written premium1 of ₹11,417 crore in FY26, up 24% YoY, ending the year with a market share of 19.7% in SAHI category
  • Broking business reported operating income of ₹373.4 crore in FY26 led by a significant jump in Average Daily Turnover (ADTO)
  • RFL ended FY26 with a strong net worth and cash balance on the back of strong recoveries
  • Demerger of Financial Services business continues on track, supporting long-term value creation vision
  • Board substantially reconstituted across REL and subsidiaries; and governance frameworks aligned with the group’s renewed institutional standards
  • Senior management strengthened across the group with key leadership hiring across REL and subsidiaries
  • Capital raise via a preferential allotment of convertible warrants for ₹1,500 crore, to the promoters, the Burman family, and other investors during FY26

New Delhi, India : The Board of Directors of Religare Enterprises Limited (REL or the ‘Company’) today approved the audited financial results for the quarter and year ended 31st March 2026. FY26 performance was marked by disciplined financial management, prudent capital allocation, and a continued focus on strengthening operational efficiency across core businesses.

Consolidated Financial Highlights

  • FY26 Revenue grew 14.7% to ₹8,493.84 crore vs ₹7,405.47 crore in FY25
  • FY26 PAT at ₹73.16 crore vs ₹182.75 crore in FY25
  • Q4 FY26 Revenue grew 20.66% YoY to ₹2,473.3 crore vs ₹2049.82 crore in Q4 FY25
  • Q4 FY26 PAT at ₹95.65 crore vs ₹150.72 crore in Q4 FY25

Commenting on the Company’s performance and strategic developments, Mr. Arjun Lamba, Executive Director, REL, said, “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.”

Commenting on the Group’s financial performance, Mr. Pratul Gupta, Chief Financial Officer, REL, said, “FY26 reflects steady operational progress across all four businesses. Our broking business continued to build momentum with strong growth in ADTO, while the MSME lending arm is now well positioned to resume and scale its business. Health insurance continued to gain market share, and housing finance has stabilised with renewed strategic focus. The strategic capital raise, reconstituted Board, and leadership appointments underscore the long-term vision and commitment of the new promoters. As we progress with the demerger plans, each business is being positioned on a stronger operational and financial footing for future growth.”