Star Health and Allied Insurance Company Limited
₹530.30-₹2.55 (-0.5%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹26,410 Cr
- P/E
- 49.5x
- EV / EBITDA
- 22.3x
- Revenue
- ₹16,101 Cr
- Net margin
- 6.0%
- ROCE
- 4.4%
Price chart
Technical chartScreen technicals →+10.2% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -0.7%
- 3M
- -12.9%
- 6M
- +1.0%
- 1Y
- +10.2%
- 5Y
- -41.5%
52-week range
Day change -₹2.55 (-0.5%) from ₹533 to ₹530 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in STARHEALTH, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 23.0%
Concerns1
- Low return on equity of 9.2%
Rule-based from financial data. Not advice.
About the company
Star Health and Allied Insurance Company Limited provides health insurance products in India. It offers retail health insurance products for individuals, families, children, senior citizens, and persons with pre-existing medical conditions; group health insurance products for employer/employee and non-employer/employee groups, including small-to-medium enterprises; and personal accident and travel insurance products.
Read moreShow less
Star Health and Allied Insurance Company Limited provides health insurance products in India. It offers retail health insurance products for individuals, families, children, senior citizens, and persons with pre-existing medical conditions; group health insurance products for employer/employee and non-employer/employee groups, including small-to-medium enterprises; and personal accident and travel insurance products. The company also provides star women care insurance policy that provides surrogacy and oocyte donor covers; and star special care product that covers children diagnosed with autism and for outpatient specialized treatments. In addition, it offers star health assure insurance policy, star cancer care platinum insurance policy, senior citizens health insurance policy, and star cardiac care insurance policy platinum, as well as star group OPD care insurance product. The company offers its products through web aggregators, digital channels, agency channels, corporate agents, brokers, point of salesperson, insurance marketing firms, and various other channels. Star Health and Allied Insurance Company was incorporated in 2005 and is based in Chennai, India.
- Sector
- Financial Services
- Shares outstanding
- 58.8 Cr shares
- ISIN
- INE575P01011
- BSE code
- 543412
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹26,410 Cr
- P/E
- 49.5x
- P/B
- 3.5x
- EV / EBITDA
- 22.3x
- EV / Sales
- 1.9x
- P/S
- 1.9x
- Earnings yield
- 2.0%
- 52-week high
- ₹609.10
- 52-week low
- ₹425.45
Profitability
- Operating margin
- 8.4%
- Net margin
- 6.0%
- EBITDA margin
- 8.5%
- ROE
- 9.2%
- ROCE
- 4.4%
- ROA
- 4.8%
- Dividend payout
- 0.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 0.5%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹16,101 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 14.8%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 23.0%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,188 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 35.3%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -23.6%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 25.8%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,310 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 2.7%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹224 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 16.7%
Solvency and efficiency
- Current ratio
- 1.61
- Debt / Assets
- 0.03
- Debt / EBITDA
- 0.40
- Financial leverage
- 2.78
- CFO / Net profit
- 1.55
- Cash / Market cap
- 8.0%
- Cash per share
- ₹35.74
- Asset turnover
- 0.79
- Fixed asset turnover
- 88.18
- Capital intensity
- 0.01
- Debtor days
- 0 days
- Cash conversion cycle
- 0 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹4 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹15,180 Cr |
| Sales | Operating profit | ₹921 Cr |
| Operating profit | Depreciation | ₹71 Cr |
| Operating profit | Profit before tax | ₹850 Cr |
| Other income | Profit before tax | ₹11 Cr |
| Profit before tax | Tax and other | ₹215 Cr |
| Profit before tax | Net profit | ₹646 Cr |
Revenue and net profit
Revenue grew 14.8% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹5,050 Cr | -₹1,086 Cr |
| FY2022 | ₹10,602 Cr | -₹1,041 Cr |
| FY2023 | ₹12,096 Cr | ₹619 Cr |
| FY2024 | ₹14,021 Cr | ₹845 Cr |
| FY2025 | ₹16,101 Cr | ₹646 Cr |
Cash flows
FY2025: ₹1,379 Cr from operations, ₹228 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹890 Cr | -₹1,528 Cr |
| FY2022 | ₹56 Cr | -₹3,730 Cr |
| FY2023 | ₹1,276 Cr | ₹179 Cr |
| FY2024 | ₹1,310 Cr | ₹133 Cr |
| FY2025 | ₹1,379 Cr | ₹228 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹16,101 Cr+14.8%1Y
- Net profit
- ₹646 Cr-23.6%1Y
- Cash from operations
- ₹1,379 Cr
- Free cash flow
- ₹228 Cr+71.4%1Y
- Revenue CAGR, 5Y
- 23.0%
- EBITDA CAGR, 5Y
- 21.8%
- Net profit CAGR, 5Y
- 25.8%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹16,101 Cr | ₹921 Cr | — | ₹646 Cr | ₹1,379 Cr | ₹228 Cr | 9.2% | +14.8% | -23.6% |
Monthly returns
Month-by-month returns of STARHEALTH across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹20,785 Cr |
| Equity capital | ₹588 Cr |
| Reserves | ₹6,471 Cr |
| Borrowings | ₹470 Cr |
| Other liabilities | ₹13,255 Cr |
| Assets | ₹20,785 Cr |
| Fixed assets | ₹161 Cr |
| Capital work in progress | ₹24 Cr |
| Investments | ₹17,898 Cr |
| Other assets | ₹2,701 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
STARHEALTH trades at 49.5x earnings against a peer median of 26.9x (a 84% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Star Health and Allied Insurance Company LimitedSTARHEALTHthis companyP/E ↑ premium | ₹26,410 Cr | 49.5x | 3.5x | 9.2% | 22.3x |
| TVS Holdings LimitedTVSHLTD | ₹28,739 Cr | 80.1x | 17.5x | 21.8% | 53.4x |
| Lic Housing Finance Ltd.LICHSGFIN | ₹28,667 Cr | 5.2x | 0.7x | 15.0% | — |
| IIFL FINANCE LIMITEDIIFL | ₹27,083 Cr | 68.1x | 3.9x | -6.3% | — |
| Anand Rathi Wealth LimitedANANDRATHI | ₹26,202 Cr | 72.4x | 31.5x | 42.0% | 81.7x |
| Manappuram Finance LimitedMANAPPURAM | ₹26,070 Cr | 15.9x | 2.1x | 15.1% | — |
| Nuvama Wealth Management LimitedNUVAMA | ₹25,811 Cr | 51.4x | 12.9x | 30.9% | 103.2x |
| PNB Housing Finance LimitedPNBHOUSING | ₹25,224 Cr | 11.5x | 1.4x | 11.6% | — |
| The New India Assurance Company LimitedNIACL | ₹24,649 Cr | 21.4x | 0.9x | 3.5% | 13.1x |
| Peer median | — | 26.9x | 2.8x | 12.3% | 33.9x |
Year-to-date ROI
STARHEALTH since 1 January, against earlier years.
Historical volatility
STARHEALTH's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | -28.0% |
| FY2022 | -13.0% |
| FY2023 | 7.0% |
| FY2024 | 8.0% |
| FY2025 | 6.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹16,101 Cr |
| Costs | |
| Interest | ₹0 Cr |
| Expenses | ₹15,180 Cr |
| Operating profitOperating Profit | ₹921 Cr |
| Other income and charges | |
| Profit before tax | ₹861 Cr |
| Tax | |
| Net profitNet Profit | ₹646 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹20,785 Cr |
| Equity capitalEquity Capital | ₹588 Cr |
| Reserves | ₹6,471 Cr |
| Borrowings | ₹470 Cr |
| Other liabilitiesOther Liabilities | ₹13,255 Cr |
| AssetsTotal Assets | ₹20,785 Cr |
| Fixed assetsFixed Assets | ₹161 Cr |
| Capital work in progressCWIP | ₹24 Cr |
| Investments | ₹17,898 Cr |
| Other assetsOther Assets | ₹2,701 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹1,379 Cr |
| Investing cash flowCash from Investing Activity | -₹1,151 Cr |
| Financing cash flowCash from Financing Activity | -₹4 Cr |
| Change in cashNet Cash Flow | ₹224 Cr |
Learn while you research
Academy chapters picked for Star Health and Allied Insurance Company Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 49.5, learn when high multiples are justified.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Sector AnalysisBanks & financials are uniquely sensitive to rates and credit cycles.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read