RELIGAREENTERPRISES / Q3-FY26 / risks

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Religare Enterprises · Material risks, their source context, and severity in the latest available quarter.

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WatchQ3-FY26 · 2026-02-14Back to quarter ↗

Risk intelligence

Material risks this quarter

Delayed restart of lending business at RFL

Management could not provide a timeline for restarting lending operations, citing leadership hiring still in progress.

medium

Uncertainty around LVB deposit recovery

The ₹750 crore LVB deposit is fully provisioned; recovery depends on court proceedings with no timeline.

medium

One-time labor code provisions impacting profitability

The new labor code led to one-time provisions across segments, affecting reported profits.

low

Promoter shareholding in Care below regulatory threshold for reverse merger

Promoter look-through shareholding in Care is ~19%, below the 25% required for a reverse merger, limiting future restructuring options.

high