RELIGARE
Religare Enterprises Limited
Each stock's 10,000-path forecast, rendered as light.
Religare Enterprises Limited (RELIGARE) Stock Analysis & Case Study
Is RELIGARE a good buy? The data-driven verdict.
Religare Enterprises Limited (RELIGARE) trades at ₹230,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.
On the numbers, Religare Enterprises Limited (RELIGARE) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 91.9× earnings, ROE of 3.2%, a 55% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
RELIGARE fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How RELIGARE ranks against the 2,374 companies in our screener
- RELIGARE's market cap of 7,903 Cr ranks in the 72nd percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- RELIGARE's book value of ₹87 ranks in the 48th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- RELIGARE's promoter holding of 30.6% ranks in the 8th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- RELIGARE's 3-year profit (PAT) growth of 71.0% ranks in the 90th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- RELIGARE's 3-year revenue growth of 22.0% ranks in the 76th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- RELIGARE's debt-to-equity ratio of 0.17x is lower than 66% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
Is RELIGARE overvalued? RELIGARE P/E vs peers
RELIGARE trades at 91.9× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
RELIGARE share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of RELIGARE history (-1%/yr drift, 40%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| RELIGARE 2027 | ₹144 | ₹239 | ₹395 | +5% |
| RELIGARE 2028 | ₹122 | ₹250 | ₹512 | +10% |
| RELIGARE 2029 | ₹110 | ₹262 | ₹626 | +15% |
| RELIGARE 2030 | ₹100 | ₹275 | ₹756 | +21% |
| RELIGARE 2031 | ₹93 | ₹288 | ₹888 | +26% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability RELIGARE goes up, or doubles?
The bull case for RELIGARE
- Religare Enterprises Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹626.
The bear case & risks
- RELIGARE's P/E of 91.9x is lower than 12% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- RELIGARE's return on equity of 3.2% ranks in the 23rd percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹110.
RELIGARE volatility & expected range, how bumpy is the ride?
Over the last 9.8 years RELIGARE compounded at -1%/year with annualized volatility of 40%. That volatility implies a 1-year 80% range of ₹144-₹395, the honest backbone behind any single price target.
RELIGARE price forecast, the full 60-month probability fan
RELIGARE price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds RELIGARE hits common targets within the simulated horizon?
Full multi-horizon detail on the RELIGARE price target & forecast page.
RELIGARE Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. RELIGARE scores 5/8, mixed financial health.
RELIGARE MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy RELIGARE with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 35.00% | 2.9× |
| Zerodha | 33.64% | 3.0× |
| Groww | 33.64% | 3.0× |
| Dhan | 33.64% | 3.0× |
| Kotak Neo | 33.67% | 3.0× |
| Paytm Money | 33.64% | 3.0× |
| Pocketful | 33.31% | 3.0× |
| Fyers | 34.48% | 2.9× |
| Anand Rathi | 33.64% | 3.0× |
| Bajaj Broking | 37.00% | 2.7× |
| Share IndiaCHEAPEST | 33.09% | 3.0× |
Compare every broker on the RELIGARE MTF page.
About Religare Enterprises Limited: sector, index & market-cap context
Religare Enterprises Limited (RELIGARE) is a small-cap NSE-listed company, with a market capitalisation of ₹7,903 Cr. See more stocks on our screener.
How the RELIGARE Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Religare Enterprises Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
RELIGARE analysis, FAQs
Is Religare Enterprises Limited (RELIGARE) a good buy?
On the numbers, Religare Enterprises Limited (RELIGARE) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 91.9× earnings, ROE of 3.2%, a 55% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is RELIGARE overvalued or undervalued?
RELIGARE trades at 91.9× earnings, expensive versus the ~22× long-run Nifty average.
What is the RELIGARE share price target for 2031?
RELIGARE's probability-weighted 2031 median target is ₹288, with an 80% range of ₹93-₹888 (10,000-path Monte-Carlo).
What is the probability RELIGARE doubles in 5 years?
The modelled probability of RELIGARE reaching ₹456 (2×) within 5 years is 30%.
What is the bull case for RELIGARE?
Religare Enterprises Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
What are the risks in RELIGARE?
RELIGARE's P/E of 91.9x is lower than 12% of the 2,374 NSE companies in our screener, as of 10 Aug 2026. RELIGARE's return on equity of 3.2% ranks in the 23rd percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.