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  3. •

    Life/Health insurance
Star Health & Allied Insurance Co. Ltd.

Star Health & Allied Insurance Co. Ltd.

531.55
INR
-9.55
(-1.76%)
20.85EPS
28.26P/E
346.86BMarket Cap
Oct 27Next Earn
Star Health & Allied Insurance Co. Ltd.
BSE:STARHEALTH
(Bombay Stock Exchange)

Recent

price

531.55

P/E

ratio

28.26

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
73.8
96.53
100.35
190
211.65
247.06
281.08
308.6
326.13
Revenue per Share
2.23
4.66
-18.86
-18.65
10.7
14.48
11.01
9.47
20.86
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
24.2
28.61
73.27
111.13
113.27
115.02
121
128.33
172.4
Book Value per Share
23.53
27.97
72.77
110.21
113.27
114
120.04
126.89
172.4
Tangible Book Value per Share
576
576
576
558
578
583
587
588
589
Basic Weighted Avg Shares
42,474
55,555
57,753
106,020
122,411
144,133
164,881
181,485
191,928
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
281
294
457
433
521
587
715
793
- -
Depreciation Expense
1,282
2,680
-10,857
-10,407
6,186
8,450
6,459
5,570
12,275
Net Income, GAAP
29.64
35.18
- -
- -
25.15
25.14
24.99
26.16
25.81
Effective Tax Rate (%)
3.02
4.82
-18.8
-9.82
5.05
5.86
3.92
3.07
6.4
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
2,500
2,500
2,500
7,200
4,700
4,700
4,700
4,700
- -
LT Debt
13,926
16,468
42,166
63,959
65,889
67,318
71,121
75,512
101,442
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
16.18
- -
- -
9.66
12.69
9.4
7.75
14.08
Return on Capital (%)
- -
17.64
-37.03
-19.61
9.53
12.69
9.33
7.6
14.23
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
4,798
4,700
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
588
588
588
Market Capitalization
267,721
269,048
346,864

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
6,332
37,261
- -
Accounts Receivable, Net
- -
2,312
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
13.74%
6.17%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
-32.86%
-13.76%
Sales/Revenue/Turnover
- -
28.25%
10.07%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
38,157
40,584
41,469
40,811
164,881
2026
46,926
- -
45,666
46,482
181,485
2027
52,854
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5.45
1.9
3.66
0.01
11.01
2026
7.45
- -
2.18
1.89
9.47
2027
9.34
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
Star Health and Allied Insurance Company Limited (STARHEALTH.NS) operates as a standalone health insurance provider in India, offering a comprehensive suite of retail health insurance products, group health insurance policies, and specialized covers including personal accident insurance; critical illness policies; hospitalization benefits with cashless treatment networks; super top-up plans; senior citizen health policies; women-specific health covers; and digital-first micro-insurance products tailored for underserved segments. The company maintains an extensive network of over 14,000 hospitals across India for cashless claims processing and serves individual policyholders, corporate groups, affinity partners, and bancassurance channels through a multi-distribution model encompassing agents, brokers, and online platforms. Founded in 2006 and headquartered in Chennai, Tamil Nadu, Star Health focuses exclusively on the non-life health insurance segment, distinguishing it from composite insurers by its specialized underwriting expertise and product innovation in the Indian market. In recent developments, the company expanded its digital capabilities with the launch of new app-based policy management tools and AI-driven claim processing enhancements in 2024-2025 to improve customer experience and operational efficiency. Star Health entered strategic bancassurance partnerships with major banks like Federal Bank and expanded its group mediclaim offerings for SMEs amid rising demand post-pandemic. Additionally, it reported robust premium growth in Q2 FY2026, driven by new product launches such as family floater plans with wellness incentives, while maintaining a strong solvency ratio above regulatory requirements.