Religare Enterprises Limited — Investor Meet, 19-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Religare Enterprises' Q2 FY26 consolidated total income was INR 2,082 Cr, with PAT at INR 45.9 Cr. Care Health, India's second largest standalone health insurer, grew H1 top-line 19% to INR 5,100 Cr (N basis) and H1 profit doubled to INR 177 Cr, with strong 1.89 solvency. Religare Finvest is now debt-free, legacy issues resolved, with INR 423 Cr cash, ready for restart. Religare Broking reported Q2 PBT of INR 3.3 Cr. Religare Housing Finance targets exponential AUM growth despite a Q2 loss. A INR 1,500 Cr preferential issue was completed, with INR 375 Cr received and allocated to subsidiaries. Management, with new promoters (Burman Group), is focused on profitable, sustainable growth across all businesses. Future value unlocking is being evaluated, with confident sentiment.