About Religare Enterprises Ltd Part A

Religare Enterprise Ltd, incorporated in 1984, is a diversified financial services company with presence all over India, operating through its subsidiaries. The Co. provides loans to SMEs, Affordable Housing Finance, Health Insurance and Retail Broking. REL’s subsidiaries service over 11 lakh clients from over 1,275 locations having presence in more than 400 cities. Services A) Lending (15% of the revenue in FY21) Lending and Investments, Financial Advisory Services, Distribution of Third-Party Financial Products. The Co. provides SME Finance through Religare Finvest Ltd.(RFL) and Affordable Housing Finance through Religare Housing Development Finance Corporation Ltd.(RHDFCL) B) Health Insurance (74.5% of the revenue) Offers products in the retail segment for Health Insurance, Critical Illness, Personal Accident, Top-up Coverage, International Travel Insurance and Maternity along with Group Health Insurance and Group Personal Accident Insurance for corporates through Care Health Insurance Limited (formerly known as Religare Health Insurance Co. Ltd.) C) Retail Broking (8.5% of the revenue) Broking in Securities and Commodities, Custodial and Depository Operations, PMS, Institutional Equities and Investment Banking Services through Religare Broking Ltd. Loan Portfolio The Co. has a loan portfolio of Rs. 2452 Crs at the end of FY 21[4] of which intercorporate loans stood at 254.5 Crs Investments The Co. has total investments worth Rs.3189 Crs as of March 31, 2021. Out of which Rs. 1698 cr is in Equity Instruments and Other securities approved by IRDA, Rs.1161 Crs is in Government and Debt Securities, Rs. 177 Crs is Mutual Funds and Trust. More than 90% of the Co.’s total assets are invested in long-term investments in group companies.