ALFA Finder| Revenue growth | 19% YoY GWP growth |
|---|---|
| Margins | CISR improved to 97.0% from 98.7% YoY |
| Demand visibility | Strong; 94% fresh business from new-to-insurance |
| Management confidence | High; citing distribution moat and compounding scale engine |
Growth
GWP grew 19% YoY to ₹4,287 Cr. PAT rose 25.6% to ₹550 Cr, with a combined ratio improving to 97.0%.
Outlook
Focusing on sustainable profitable growth through proprietary channels; scaling D2C, which saw 142% growth in retail fresh GWP.
Risks
Management monitors segment-level risk and claims experience; high reliance on agency force and competitive retail health landscapes.
Last quarter's promises, checked
Delivered
- Target GWP growth high-teen → delivered 19% (= BEAT)
- Target 1L new agents/year → delivered 20k in Q1 (= BEAT)
- Target underwriting profit turnaround → delivered positive FY26 result (= BEAT)
Partly delivered
- Target 15% NEP growth → delivered 19% GWP but NEP lags due to long-term policies (= PARTIAL)
Investor Presentation filed with NSE, NSE: STARHEALTH. Summary written with AI assistance from the document.
Star Health and Allied Insurance Company Ltd: key numbers
- Share price
- ₹557.80
- Market cap
- ₹32,781 Cr
- Revenue (annual)
- ₹17,825 Cr
- Net profit (annual)
- ₹557.0 Cr
- P/E (TTM)
- 31.1×Sector 20.8×
- Promoter holding
- 58.00%-0.01% QoQ
- FII holding
- 15.86%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Star Health and Allied Insurance Company Ltd
All →Star Health and Allied Insurance Company Capital Structure Change
Star Health received IRDAI approval for HDFC Mutual Fund schemes to acquire equity up to 9.99% of paid-up capital, up from 4.49%. The approval extends the fund's existing stake and does not involve a stated rupee amount.
Star Health and Allied Insurance Company Results Update
Star Health reported Normalised PAT of ₹390 Crores in Q2 FY27, up 70% YoY. H1 FY27 PAT stood at ₹815 Crores, up 57% YoY.
Star Health and Allied Insurance Company Earnings Call Transcript: Key Takeaways
Star Health reported a significant structural turnaround with underwriting profitability for the fifth consecutive quarter.
- Call
- Guides 20% growth
Star Health and Allied Insurance Company Other Announcement
Star Health filed a NIL Reg 54 security cover certificate for unsecured NCDs. No secured debt is covered, so this is routine compliance.
Star Health and Allied Insurance Company Investor Presentation: Key Takeaways
H1 FY27 PAT ₹815 Cr (+57%); CISR improved to 97.9% from 100.3%; underwriting result ₹210 Cr vs loss ₹24 Cr. Retail fresh GWP +36%, driven by agency and D2C. Reported profit includes ₹229 Cr MTM gain.
Star Health and Allied Insurance Company Promoter Reclassification
Star Health's board approved reclassifying Sthitaprajna Advisors LLP from promoter group to public shareholder category. The move is subject to requisite regulatory approvals.