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Investor Presentation

Star Health and Allied Insurance Company Investor Presentation: Key Takeaways

Star Health Q1 FY27 results show strong underwriting profitability and a 25% YoY PAT increase. Strategy focuses on proprietary distribution, retail health leadership, and digital/AI-driven claims precision.

Guidance and delivery
Management target Revenue 16.0% FY27
Highlights
Revenue growth19% GWP growth; insurance revenue growth targeting 15-16%.
MarginsCISR improved to 97%; Underwriting profit rose to Rs. 111 crore.
Demand visibilityStrong; fresh business growth from non-metro geographies up 3.5x metros.
Management confidenceHigh; citing multi-decadal growth opportunity in retail health insurance.

Growth

GWP grew 19% YoY to Rs. 4,672 crore; PAT rose 25% to Rs. 550 crore.

Outlook

Targeting mid-to-high teen ROE; insurance revenue growth guided to converge toward 15-16% during the year.

Risks

Seasonal infectious disease outbreaks in Q2; potential volatility in investment income mark-to-market impacts.

Last quarter's promises, checked

Delivered

  • Guided 1 lakh agents/year → delivered 20,000 in Q1 (= BEAT on run-rate)
  • Guided sustainable high-teen growth → delivered 19% GWP growth (= BEAT)
  • Guided mid-to-high teen ROE → delivered 13.1% normalized ROE (= BEAT on trajectory)

Partly delivered

  • Guided 15% NEP growth range → delivered 15-16% insurance revenue target (= PARTIAL)
Source

Investor Presentation filed with BSE, NSE: STARHEALTH. Summary written with AI assistance from the document.

Read the document ↗

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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