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Earnings Call

Star Health and Allied Insurance Company Earnings Call: Key Takeaways

Star Health FY26 Investor Presentation reports 13% Insurance Revenue growth and a shift to profitability with PAT of ₹911 Cr (up 16% YoY) and Combined Ratio improvement to 98.8%.

Highlights
Revenue growth13% YoY in Insurance Revenue for FY26.
MarginsCombined Ratio improved from 101.1% to 98.8% YoY.
Order bookGWP at ₹20,369 Cr on 'n' basis.
Demand visibility93% New to Insurance fresh NOPs indicate high under-penetration.
Management confidenceStrong focus on customer centricity and digital-first strategy.

Growth

Insurance revenue grew 13% to ₹17,999 Cr; GWP up 16% to ₹20,369 Cr; Normalised PAT grew 45% to ₹1,222 Cr.

Outlook

Targets 99% persistency, expanding digital onboarding (96%), and leveraging 8.3 lac agents for proprietary channel growth.

Risks

Underwriting profit impact from loss ratios (68.7%) and volatile investment income (down 13% YoY).

Source

Earnings Call filed with NSE, NSE: STARHEALTH. Summary written with AI assistance from the document.

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Star Health and Allied Insurance Company Ltd: key numbers

Share price
₹558.15
Market cap
₹32,801 Cr
Revenue (annual)
₹17,825 Cr
Net profit (annual)
₹557.0 Cr
P/E (TTM)
38.9×Sector 22.0×
Promoter holding
58.01%+0.03% QoQ
FII holding
16.04%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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