Religare Unlisted Shares

Religare Health Insurance Unlisted Shares

BUY AT INR 192.0

3/5
Most Active

Key Indicators

KEY INDICATORS
2023
FACE VALUE/SHARE
10.0
BOOK VALUE/SHARE
18.5
PRICE TO EARNING (PE)
74.6
PRICE/SALES
24.4
PRICE/BOOK
10.5
OUTSTANDING SHARES (Million)
942.2
MARKET CAP (Rs.Million)
182766.8
DEBT/EQUITY
2.2
DIVIDEND/SHARE
0.0
DIVIDEND % (ON CMP)
0.0%
RETURN ON TOTAL ASSETS
3.0%
RETURN ON EQUITY
9.4%
ROWC
9.9%

* Ratio is calculated based on latest financial & current share price.

About The Company

Care Health Insurance Limited (formerly known as Religare Health Insurance Company Limited)(“the Company”) was incorporated on 2nd April, 2007 as a company under the Companies Act, 2013 (erstwhile the Companies Act, 1956) (‘the Act’). The Company is licensed since 26 April, 2012 by the Insurance Regulatory and Development Authority (’IRDA’) for carrying out the business of underwriting General insurance relating to Health segment, which comprises Health, Personal Accident and Travel insurance. These products are distributed through individual agents, brokers, corporate agents, online and Company’s sales force.
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Pricing Trend

Financials

Revenue Growth %

EBDITA Margin %

EPS Growth %

Profit & Loss Summary

(All Amount in INR Millions)

PROFIT AND LOSS
2023
2022
2021
2020
2019
2018
PROFIT AND LOSS
2023
2022
2021
REVENUE
7488
3413
3229
2790
2625
-64
REVENUE
7488
3413
3229
EXPENSE
4208
3258
2474
2131
2056
99
EXPENSE
4208
3258
2474
EBDITA
3280
155
755
659
569
-163
EBDITA
3280
155
755
OTHER COST
0
0
0
0
0
0
OTHER COST
0
0
0
PBT
3280
155
755
659
569
-163
PBT
3280
155
755
TAX EXPENSE
821
40
-267
2
0
0
TAX EXPENSE
821
40
-267
PAT
2459
115
1022
657
569
-163
PAT
2459
115
1022
OTHER INCOME/EXP.
-819
0
0
0
0
0
OTHER INCOME/EXP.
-819
0
0
INCOME (NET OF TAXES)
1640
115
1022
657
569
-163
INCOME (NET OF TAXES)
1640
115
1022
OUTSTANDING SHARE
942
901
841
728
689
595
OUTSTANDING SHARE
942
901
841
EPS ( Rs/share)
2.6
1.3
1.2
1.2
1.0
0.4
EPS ( Rs/share)
2.6
1.3
1.2

Balance Sheet

(All Amount in INR Millions)

BALANCE SHEET
2023
2022
2021
2020
2019
2018
BALANCE SHEET
2023
2022
2021
CASH & CASH EQUIVALENT
998
787
457
559
402
246
CASH & CASH EQUIVALENT
998
787
457
NON CURRENT ASSET
51325
36611
27315
18302
13581
9738
NON CURRENT ASSET
51325
36611
27315
CURRENT ASSET
2841
2352
2981
1141
1731
1009
CURRENT ASSET
2841
2352
2981
TOTAL ASSET
55164
39750
30753
20002
15714
10993
TOTAL ASSET
55164
39750
30753
EQUITY SHARE CAPITAL
9422
9086
8410
7279
6885
5948
EQUITY SHARE CAPITAL
9422
9086
8410
RESERVES
8013
3760
2894
530
123
-6
RESERVES
8013
3760
2894
TOTAL EQUITY
17435
12846
11304
7810
7009
5942
TOTAL EQUITY
17435
12846
11304
NON CURRENT LIABILITY
22135
11592
15292
7336
5880
4025
NON CURRENT LIABILITY
22135
11592
15292
CURRENT LIABILITY
15594
11612
8473
6812
5437
4208
CURRENT LIABILITY
15594
11612
8473
TOTAL LIABILITIES
37729
26904
19449
14148
11317
8233
TOTAL LIABILITIES
37729
26904
19449
TOTAL EQUITY & LIABILITY
55164
39750
30753
20002
15714
10993
TOTAL EQUITY & LIABILITY
55164
39750
30753

Cash Flow Summary

(All Amount in INR Millions)

CASH FLOW
2023
2022
2021
2020
2019
2018
CASH FLOW
2023
2022
2021
OPERATING ACTIVITY
10293
66751
3792
3342
2426
2024
OPERATING ACTIVITY
10293
66751
3792
INVESTING ACTIVITY
-13057
-78716
-7257
-3768
-3211
-2837
INVESTING ACTIVITY
-13057
-78716
-7257
FINANCING ACTIVITY
2975
15316
3374
588
937
701
FINANCING ACTIVITY
2975
15316
3374
NET CASH FLOW
211
3351
-92
162
151
-112
NET CASH FLOW
211
3351
-92

Shareholders

Shareholders
Religare Enterprise Ltd
IIFL SPECIAL OPPORTUNITIES FUND-9
IIFL SPECIAL OPPORTUNITIES FUND-10
Biz Secure Labs
Gurvinder Juneja
Ajay Kumar
Sarma Venkateswara Chakravadhanula
Kekin S Shah
Divyanshu Aggarwal
All Others
%
66.0
0.6
0.3
0.1
0.1
0.1
0.1
0.1
0.1
32.6

Registered Address

Management

Dr. Rashmi Saluja
Chairman
Mr. Anuj Gulati
Managing Director & CEO
Mr. Pankaj Gupta
Chief Financial Officer
Mr. Pratik Kapoor
Company Secretary

Annual Reports

Quarterly Reports

NEWS

newss
FPIs Turn Bullish on Insurance Stocks
BLOOM
Kotak Mahindra Life Insurance Expects Q1 Loss As Death Claims Jump During Covid
LIVE Mint
Anand Rathi buys Religare’s wealth management arm
line
Religare Health Insurance renames itself as Care Health Insurance
LIVE Mint
Religare to raise ₹300 cr for health insurance biz
LIVE Mint
Religare Finvest completes OTS with its lenders
Moneycontrol
Sundaram Finance to offer Care Health Insurance products to customers
LIVE Mint
Religare sells 80% stake in health insurance arm to True North, others
LIVE Mint
Religare may sell 6-7% of its health insurance business
LIVE Mint
Airtel Payments Bank ties up with Care Health to offer health insurance upto Rs.5 Lakhs
BLOOM
What Burman Family Will Gain From Taking Control Of Religare Enterprises
line
Dabur’s Burman family picks 7.5% more in Religare Enterprises, taking total stake to 21.5%
The Economic Times
Blackstone to acquire majority stake in CARE Hospitals for USD 700 million
The Economic Times
Blackstone to buy controlling stakes in CARE Hospitals, KIMS health for $1 bn
LIVE Mint
How Religare chief got Care ESOPs after Irdai's NO
28
Religare initiates IPO process for its health insurance subsidiary 'Care Health Insurance'
28
Religare arm Care Health Insurance gets thumbs up from its largest shareholder Kedaara Capital
line
Care Health Insurance gets GST demand notice for ₹39.5 crore
Business Standard
Burmans ask Care Health to cancel Rs 350 cr ESOP given to Religare's Saluja
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About Care Health Insurance Ltd unlisted shares (Religare)

Incorporated in July 2012,  Care Health Insurance (Religare) is a health insurance company providing products in the consumer market for health insurance, top-up coverage, accident insurance, newborn care, foreign travel insurance, and major illness, as well as collective health insurance and organisation personal accident insurance for corporations, micro-insurance commodities for the rural sector, and an inclusive range of wellness services. The company is commercialised by the same team that runs Fortis HealthCare, one of India’s six dedicated health insurers. The market capital of the company is Rs. 15,264 Cr. In June 2021, the company announced its IPO of up to Rs. 2,000 Cr giving investors an opportunity to invest in its listed stocks.

 

Care Health Insurance Ltd unlisted share price overview

Care Health gained capital of Rs. 337 crores through a preferential allocation of 7,98,67,980 equity shares to M/s Trishikhar Ventures LLP and some other stockholders at a price of Rs. 27.89/- per equity share. In addition, the firm has issued 3.32 crores through ESOPs. Fluctuation in Care Health Insurance unlisted share price can be seen in the graph below.

Promoters hold 87.6% of Care Health Insurance Limited shares, while others hold 12.4% of shares. The fluctuation can easily be seen through the graphic above. Previous year the unlisted share price of the company was Rs. 169 and today it is available at Rs. 160.

 

Why buy Care Health Insurance Ltd unlisted shares?

The Care Health Insurance Ltd’s pace of growth is significant, having surpassed 7x income in 5 years. In FY 21-22, company net income was Rs 322.9 cr which increased to Rs 341.4 crore in FY 22-23. The sector has enormous potential for expansion. Though the profit of the company was 75.4 Cr in 2021 but it had to face a loss in 2022 as the recorded profit was 15.6 Cr. The company has recently received investment from private equity firms. The company can give good ROI to its valued Religare Health Insurance Shareholders (Since the company was previously known as Religare) in the future if invested before its IPO.

Ratio FY23 FY22
Operating Margin 44% 5%
Net Profit Margin 33% 3%
Return on Equity 14% 1%
Debt-Equity 0 0
Current Ratio 0.22 0.09

 

As you can see from the table above, there is a high jump in the operating margin, indicating high profitability growth for the company in FY 2023. Also, the increased rate of ROE indicates that Religare Health Insurance is earning revenue in FY 2023 in comparison to FY 2022. Further, the rate of net profit margin shows the high efficiency of the business. It accelerated the Religare Health Insurance unlisted share prices and jumped it to Rs. 180 per equity share in September 2023. 

 

Here are the financial metrics of Religare Health Insurance to showcase high growth for FY 2022-23. 

 

Particulars 2022-23 2021-22
Total Income (₹ Crores) 748.8 341.36
PAT (₹ Crores) 245.86 11.49
Diluted EPS 2.61 0.13
Book Value per Share (₹) 18.56 14.19
Equity (₹ Crores) 1749.18 1289.2

 

For the year 2023, the financial performance of the company showed a high jump in growth with accelerating total income and profit after tax to show more revenue. The increased metrics of Diluted EPS indicate the company’s strong position to attract more returns through shares. Additionally, it has shown a high equity valuation that was booked at Rs. 1749.18 crores, while the amount stood at Rs. 1289.20 in FY 2022. So, investors can opt to invest in the company to expect good returns.

How to apply for Care Health Insurance Ltd unlisted Shares online?

Are you planning to boost your investment portfolio? Buying Care Health Insurance Ltd Unlisted Shares is your great investment option. Stockify will give you all the information you need to make a wise decision. You can seamlessly evaluate your prerequisites to buy Care Health Insurance Ltd unlisted shares with detailed research, actionable insights, and analytics. Our team of stock experts are 24/7 available to help you understand the unlisted share price overview and performance of Care Health Insurance Ltd. Additionally, you will get full support throughout the process from our team.

 

Check Care Health Insurance Ltd unlisted Share Price today at Stockify

At Stockify, we regularly update unlisted share prices of different companies. If you are planning to buy Care Health Insurance Ltd unlisted shares, stay updated with our portal for live Care Health Insurance Ltd unlisted share prices. Our team keeps a track of variations in Care Health Insurance Ltd. unlisted share prices and other industry trends.

 

You can also sign up for our regular newsletter or manually look up the current unlisted share price of Care Health Insurance Ltd. The current stock price of Care Health Insurance Ltd is Rs 160. Log in to our website to effortlessly and swiftly buy Care Health Insurance Ltd unlisted shares.

Check out prices of other unlisted shares on Stockify

Whether you want to manage your capital or investment portfolio, Stockify brings you a list of many top pre-IPO companies in India and gives users the freedom to select from the best-unlisted shares in India, private equity securities, ESOPs, and much more. Investors can select from a comprehensive range of industries, including IT, healthcare, green energy fintech, retail, and many others. Explore our list of unlisted companies in India that are offering profitable pre-IPO shares.

 

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Register Now To Buy Care Health Insurance Ltd Unlisted Shares In India!

 

 

 

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FAQ On Care Health Insurance Ltd Unlisted Shares

Due to past performance and potential to grow, investment in Care Health Insurance Ltd (Religare) unlisted shares is a wise choice. At Stockify, you can easily buy and sell unlisted shares of Care Health Insurance Ltd (Religare). You just need to connect with our expert share brokers, and they will help you throughout the process.
If you are wondering how to sell Care Health Insurance Ltd (Religare) shares online, just fill out basic details in the form and our experts will get back to you. Right from the initial deal to the final transfer of shares, our unlisted share brokers will help. Check out the list of the best unlisted shares in India or reach out to reputed unlisted share dealers online.
SEBI has recently reduced the lock-in period from 1 year to 6 months. There is a minimum lock-in period of 6 months from the date of purchase of unlisted shares. However, these shares can be freely transferable before listing in NSE/BSE. Connect with unlisted share experts at +91-80 4113 3935/+91-7353266646
In the recent, unlisted share market in India is spreading its wings and becoming quite big. Some highly recognized companies like Reliance, HDB finance and even the National Stock Exchange are trading unlisted stocks. At Stockify, we allow you to buy and sell any number of Care Health Insurance Ltd (Religare) unlisted shares as per your budget or needs. Customise your unlisted share trading experience.
Yes, this is 100% legal and safe to buy unlisted shares of Care Health Insurance Ltd (Religare). However, this is applicable when you buy Care Health Insurance Ltd (Religare) unlisted shares from reliable and known unlisted share dealers. You can request a quote or trade online at Stockify, we are ready to assist you.
There is no difference between the tax of unlisted and listed shares. Short-term capital gain taxes are usually paid on the profit of shares held for one year or less. A rate of 15% will be charged as STCG tax and surcharges will be added based on the period of your holding. Buying unlisted shares in bulk? Talk to our experts to learn more.
Applicability of Taxes on Care Health Insurance Ltd (Religare) unlisted shares once it is listed?
The credit transfer process is also the same for both listed and unlisted stocks. Once the share is transferred it will be reflected in your depositary/Demat account NSDL/CDSL. You can also check it online by logging into the NSDL/CDSL account.
At Stockify, we have simplified the whole process of unlisted share trading. A basic KYC is required for investing in unlisted stocks. For KYC verification, you will need to show Adhar | PAN | Demat CML For NRI |PAN|DEMAT CML| NRO Bank statement. Want to know more about how to buy unlisted shares in India? Connect with expert share brokers today!
There are multiple factors such as Demand/Supply of shares, valuation of the companies & multiple other factors that affect the returns on any unlisted shares. For eg. Investment of 1 Lakh in CSK shares in 2019 is worth 20 lakhs today in 2022 (20x returns in just 3 year). The return on investment of unlisted shares also varies depending on the period of holding. Estimating a return on unlisted shares requires in-depth knowledge and understanding of the industry. So, you can connect with our unlisted share experts to get a greater share of profit
Due to past performance and potential to grow, investment in Care Health Insurance Ltd (Religare) unlisted shares is a wise choice. At Stockify, you can easily buy and sell unlisted shares of Care Health Insurance Ltd (Religare). You just need to connect with our expert share brokers, and they will help you throughout the process.
Follow this step-by-step procedure to buy Care Health Insurance Ltd unlisted shares at the current price:

Step 1: A deal is proposed via email between Stockify and the buyer.

Step 2: The buyer would provide a client master copy for the shares to be transferred, a PAN card copy, an Aadhar card copy, and a postponed cheque. Once the documents provided are in order, the transaction is confirmed.

Step 3: The buyer has to transfer the deal amount to the bank account details provided by Stockify and share the remitter details, including name, bank details, and UTR number for the amount transferred to us.

Step 4: On the same day that funds are received, Stockify will transfer shares to the buyer’s account and issue a contract note.
Follow this step-by-step procedure for selling Care Health Insurance Limited unlisted shares:

Step 1: A deal is proposed via email between Stockify and the seller.

Step 2: Then, the seller will provide a master copy of their client, a PAN card and Aadhar card, and delivery instruction slip (DIS) details along with a cancelled cheque. Once the documents are received, the transaction is confirmed.

Step 3: We will transfer the shares to the address we provide them with.

Step 4: We will pay the seller on the same day we receive the shares.
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