Religare Enterprises (NSE:RELIGARE) ROCE %: 4.48% (As of Mar. 2026)


NSE:RELIGARE Religare Enterprises Ltd NSE:RELIGARE
74 GF Score
Price ₹264.40
GF Value ₹435.79
Valuation Possible Value Trap
! 5 Warning Signs
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What is Religare Enterprises ROCE %?

Religare Enterprises NSE:RELIGARE -2.17% 74 ROCE % is 4.48% as of Mar. 2026. GuruFocus rates NSE:RELIGARE with a GF Score™ of 74/100 and a GF Value™ of ₹435.79 (Possible Value Trap). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Religare Enterprises's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.48%.

Religare Enterprises  (NSE:RELIGARE) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Religare Enterprises ROCE % Related Terms

Religare Enterprises ROCE % Historical Data

* Premium members only.

The historical data trend for Religare Enterprises's ROCE % 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.

Religare Enterprises ROCE % Chart

Religare Enterprises Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.03 54.59 10.33 8.04 1.55

Religare Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.01 1.43 2.50 -3.50 4.48
NSE:RELIGARE
74GF Score
Religare Enterprises Ltd NSE:RELIGARE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Religare Enterprises ROCE % Calculation

Religare Enterprises's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1230.719/( ( (112288.405 - 75837.947) + (145055.52 - 22946.751) )/ 2 )
=1230.719/( (36450.458+122108.769)/ 2 )
=1230.719/79279.6135
=1.55 %

Religare Enterprises's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=5476.412/( ( (0 - 0) + (145055.52 - 22946.751) )/ 1 )
=5476.412/( ( 0 + 122108.769 )/ 1 )
=5476.412/122108.769
=4.48 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 4.48% mean?
Religare Enterprises (NSE:RELIGARE) has a ROCE % of 4.48% as of Mar. 2026.
Is Religare Enterprises' ROCE % too high?
Religare Enterprises' current ROCE % is 4.48%. The Insurance industry median ROCE % is 7.86. Religare Enterprises' value of 4.48% is 43% below this industry median. Overall, Religare Enterprises has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Religare Enterprises' ROCE % compare to AFL and MET?
Religare Enterprises' ROCE % of 4.48% can be compared against companies in the Insurance industry. The industry median ROCE % is 7.86. Religare Enterprises' value of 4.48% is 43% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Insurance company?
The median ROCE % among Insurance companies is 7.86, based on 63 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Religare Enterprises's current ROCE % of 4.48% is 43% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Insurance industry, the median ROCE % is 7.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Religare Enterprises's current ROCE % is 4.48%. 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 ₹435.79, compared to a current price of ₹264.40 — trading 39.3% below its estimated fair value. The current ROCE % is 4.48% and 43% below the Insurance industry median of 7.86. Religare Enterprises' overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Religare Enterprises (NSE:RELIGARE), the current ROCE % is 4.48% 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 ₹264.40 is trading 39.3% below its estimated GF Value™ of ₹435.79. GuruFocus considers Religare Enterprises to be Possible Value Trap.

Key valuation signals for NSE:RELIGARE:

  • ROCE %: 4.48%
  • GF Value™: ₹435.79 vs. price of ₹264.40 (39.3% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 43% below the Insurance median

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 Business Description

Other Exchanges 532915:India
Address Plot No. A. 3, 4, 5, Club 125, Tower B, Sector - 125, Noida, UP, IND, 201301
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.
74GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹264.40
Price
₹435.79
GF Value