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Earnings Call Transcript

Star Health and Allied Insurance Company Earnings Call Transcript: Key Takeaways

Star Health delivered strong Q1 FY27 results with GWP growing 19% YoY to ₹4,287 Cr and PAT rising 25% to ₹550 Cr. Strategy focuses on proprietary distribution and underwriting profitability.

Highlights
Revenue growth19% YoY GWP growth.
MarginsCISR improved to 97.0% from 98.7% YoY.
Demand visibilityStrong retail fresh growth of 37%.
Management confidenceHigh, citing compounding distribution moat.

Growth

GWP up 19% YoY; Retail Fresh GWP surged 37% YoY. Net Profit (PAT) grew 25% to ₹550 Cr.

Outlook

Targeting sustainable growth through digital D2C expansion and disciplined portfolio management. Combined Ratio improved to 97.7%.

Risks

Investment yield moderated to 12.2% from 13.1%. Reliance on agency channel remains high at 85% of GWP.

Source

Earnings Call Transcript 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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Star Health has withdrawn its reclassification application for IDC Electronics Limited, a promoter group entity. Entities that have ceased to exist are also removed from promoter group.