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Star Health and Allied Insurance Company share price & results

Star Health and Allied Insurance Company Limited· Financial Services

Results to
Jun 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

India's first standalone health insurer, selling retail/group health, personal accident and travel insurance.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue5,522 ₹ crore+13.2% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin14.0 %+2.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit550 ₹ crore+25.6% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity11.53 %−2.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin10.08 %+2.0 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)11.35 %−4.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 8 judged targets kept · 5 open · verdicts reflect calls analysed to Q4 FY26.

Star Health and Allied Insurance Company Limited management guidance track record on Inve: 13 targets tracked across analysed earnings calls (2 achieved, 6 missed, 5 open).

TargetOriginal wordingSaidLatest callVerdict
Combined RatioGradual improvement in 2026, 2027 and 2028
Call transcript, Q2 FY26 · 29 Oct 2025		Q2 FY26Q4 FY26:Q4 combined ratio improved significantly to 95.7%, demonstrating strong progress on the gradual improvement path. FY26 ratio was 98.8%.
Call transcript, Q4 FY26 · 5 May 2026		Achieved
Top Line (GWP)Double top line from FY24 by FY28
Call transcript, Q3 FY25 · 29 Jan 2025		Q3 FY25Q4 FY26:Management guided for 'sustainable high-teen growth' but did not address the long-term target of doubling the top line by FY28.
Call transcript, Q4 FY26 · 5 May 2026		Ghosted
Agent Count1,000,000 agents in the next 3 years
Call transcript, Q4 FY25 · 30 Apr 2025		Q4 FY25Q4 FY26:Reaffirmed target of reaching 1 million agents in the next two years, with current base at over 8 lakh.
Call transcript, Q4 FY26 · 5 May 2026		On Track

Source: Inve Guidance Tracker for Star Health and Allied Insurance Company Limited · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

6 of Star Health and Allied Insurance Company Limited's 13 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 10 more targets are in the full ledger.

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Price

₹538.25 +1.49% · +₹7.9

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance +10.3% 1Y

₹450₹500₹550₹600Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 29 Oct 2025Q3 FY26 — 29 Jan 2026Q4 FY26 — 5 May 2026

1Y: ₹488.05 on 24 Oct 2025 → ₹538.25. High ₹610.4 (30 Jul 2026), low ₹425.15 (23 Jan 2026).

Previous close
₹530.35
Market cap
₹32.2k Cr
52-week range
₹425.15 – ₹610.4
One year
+10.43%
Price to earnings (TTM to Jun 2026)
38.13×
Return on equity (TTM to Jun 2026)
11.53%

Overview

Symbol
NSE:STARHEALTH
Exchange
NSE
Currency
INR

What Star Health and Allied Insurance Company Limited does

Based on the company's own presentations, annual report and earnings calls.

Star Health and Allied Insurance is India's first standalone health insurer (SAHI), underwriting retail health, group health, personal accident, and domestic/overseas travel insurance for individuals, families and corporate/SME customers. It distributes primarily through its own agency force, bancassurance tie-ups, brokers, corporate agents and digital (app/D2C) channels rather than relying on any single route to market. Claims are processed through a large network of agreed/cashless hospitals spanning metro, urban, semi-urban and rural India, supported by an in-house digital claims platform.

Segments

  • Retail Health
  • Group Health
  • Personal Accident (PA)
  • Overseas Mediclaim Policy (OMP)/Travel
Branches
924
Agency force
8.3 lakh+ agents
Geographic presence
25 states and 5 Union Territories
Districts covered
416
Cashless network hospitals
14,500+ across 2,122 cities
Bancassurance partnerships
81
Company website

How the price took the results

close before → close after

Q4 FY26
−0.5%
5 May
Q3 FY26
+2.3%
29 Jan
Q2 FY26
−2.9%
29 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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