Religare Enterprises has a quick ratio of 1.04. It generally indicates good short-term financial strength.
The historical rank and industry rank for Religare Enterprises's Quick Ratio or its related term are showing as below:
NSE:RELIGARE'
s Quick Ratio Range Over the Past 10 Years
Min: 0.35 Med: 1.09 Max: 2.93
Current: 1.04
During the past 13 years, Religare Enterprises's highest Quick Ratio was 2.93. The lowest was 0.35. And the median was 1.09.
NSE:RELIGARE's Quick Ratio is ranked worse than 79.71% of 69
companies
in the Insurance industry
Industry Median: 1.66
vs NSE:RELIGARE: 1.04
Religare Enterprises (NSE:RELIGARE) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Religare Enterprises Quick Ratio Related Terms
Religare Enterprises Quick Ratio Historical Data
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The historical data trend for Religare Enterprises's Quick Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:RELIGARE vs AFL, MET, PRU: Quick Ratio Comparison
For the Insurance - Life subindustry, Religare Enterprises's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Religare Enterprises Quick Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Religare Enterprises's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Religare Enterprises's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Religare Enterprises's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Religare Enterprises (NSE:RELIGARE) has a Quick Ratio of 1.04 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Religare Enterprises and its competitors. This is near median its historical median of 1.09. Over the past decade, Religare Enterprises' Quick Ratio has ranged from 0.35 to 2.93. According to the industry distribution chart, Religare Enterprises ranks #55 out of 69 companies in the Insurance industry, placing it in the top 79.7%.
Is Religare Enterprises' Quick Ratio too high?
Religare Enterprises' current Quick Ratio of 1.04 is near median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.93. The Insurance industry median Quick Ratio is 1.66. Religare Enterprises' value of 1.04 is 37.3% below this industry median. Based on the distribution chart, Religare Enterprises ranks #55 out of 69 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Religare Enterprises has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Religare Enterprises' Quick Ratio compare to AFL and MET?
According to the Insurance industry distribution chart, Religare Enterprises ranks #55 out of 69 companies for Quick Ratio. This places Religare Enterprises in the lower half of its industry. The industry median Quick Ratio is 1.66. Religare Enterprises' value of 1.04 is 37.3% below this benchmark. Historically, Religare Enterprises' own Quick Ratio has ranged from 0.35 to 2.93 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.66, Religare Enterprises has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Insurance company?
The median Quick Ratio among Insurance companies is 1.66, based on 69 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Religare Enterprises's current Quick Ratio of 1.04 is 37.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Religare Enterprises and its competitors. For the Insurance industry, the median Quick Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Religare Enterprises's current Quick Ratio is 1.04, which is near median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Religare Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Religare Enterprises (NSE:RELIGARE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹437.16, compared to a current price of ₹272.15 — trading 37.7% below its estimated fair value. The current Quick Ratio is 1.04, which is near median its 10-year median of 1.09 and 37.3% below the Insurance industry median of 1.66. Religare Enterprises' overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Religare Enterprises (NSE:RELIGARE), the current Quick Ratio is 1.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Religare Enterprises (NSE:RELIGARE) Overvalued in 2026?
Based on GuruFocus' analysis, Religare Enterprises stock appears to be undervalued.
The current stock price of ₹272.15 is trading 37.7% below its estimated GF Value™ of ₹437.16.
GuruFocus considers Religare Enterprises to be Possible Value Trap.
Key valuation signals for NSE:RELIGARE:
Quick Ratio: 1.04 (near median its 10-year median of 1.09)
GF Value™: ₹437.16 vs. price of ₹272.15 (37.7% below fair value)
Industry Position: 37.3% below the Insurance median (#55 of 69)
No single metric tells the full story. See the NSE:RELIGARE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Religare Enterprises Ltd is an India-based company that is principally engaged in providing diversified financial services, including loans to small and midsize enterprises, affordable housing finance, health insurance, capital markets, and wealth management. The company operates via various subsidiaries and operating entities such as Insurance (Health and Travel - Care Health Insurance Limited), Retail Broking (Religare Broking Limited), SME Finance (NBFC) Religare Finvest Limited, Housing Finance (Affordable) [Religare Housing Development Finance Corporation Limited]. It generates around two-thirds of total revenue from investment and financing activity. The company concentrates its business in India and generates the majority of revenue from the domestic market.
72GF Score
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