Religare Enterprises Management Guidance Tracker

The demerger of financial services business into RFL is expected to be completed in 15-18 months, i.e., by Q1 FY28.

Out of the ₹1,500 crore warrants, up to ₹600 crore will be infused into Care Health Insurance as per original plans.

RFL plans to lever its balance sheet to industry standards and restart lending once leadership is in place.

Management expects the housing finance business to turn profitable within 12-18 months as it scales up.

Management expects combined ratio to improve to near 100% over the next two years, driven by operating leverage.

Care expects to grow better than the industry, with a sustainable growth rate range of 18-24%.