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Star Health and Allied Insurance Company Ltd

STARHEALTH

Star Health and Allied Insurance Company Ltd

STARHEALTH
FinancialsInsurance
SmallcapWith a market cap of ₹28,303 cr, stock is ranked 272
Low RiskStock is 1.70x as volatile as Nifty
481.703.44% (-17.15)
481.703.44% (-17.15)

Price Chart

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FinancialsInsurance
SmallcapWith a market cap of ₹28,303 cr, stock is ranked 272
Low RiskStock is 1.70x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

FinancialsInsurance
SmallcapWith a market cap of ₹28,303 cr, stock is ranked 272
Low RiskStock is 1.70x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
32.834.43—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
17.802.470.97%

Forecast & Ratings

Detailed Forecast 
70%
Analysts have suggested that investors can buy this stock

from 20 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Star Health and Allied Insurance Co Ltd is an India-based company, which provides insurance services. The Company provides various health insurance plans for individuals, senior citizens, and families in India.

Investor Presentation

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Oct 30, 2024

PDF
View Older Presentations

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 30.02%, vs industry avg of 11.59%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.44% to 0.95%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 45.8%, vs industry avg of 34.26%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,595.072,012.102,887.533,775.064,986.555,050.6310,610.0912,101.8614,026.4415,148.01
Raw Materialssubtract—————————13,995.64
Power & Fuel Costsubtract—————————
Employee Costsubtract367.62451.92629.19722.02853.651,176.501,343.601,453.661,612.17
Selling & Administrative Expensessubtract—————————
Operating & Other expensessubtract1,073.381,422.152,064.072,842.693,690.045,274.2110,619.839,769.7311,226.71
Depreciation/Amortizationsubtract17.5020.0823.0828.0929.4445.7343.3052.0758.71—
Interest & Other Itemssubtract——————————
Taxes & Other Itemssubtract0.000.001.0554.02145.42-360.09-355.96207.81283.84290.28
EPS3.642.803.732.815.66-20.90-18.5210.6914.4814.73
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 1PDF
FY 2023

Annual report

PDF

Investor Presentation

Nov 9PDF
Jul 29PDF
FY 2024

Annual report

PDF

Investor Presentation

Jul 29PDF
Jul 28PDF
FY 2025

Annual Report Pending

Investor Presentation

Oct 30PDF
Oct 29PDF
 

Peers & Comparison

Comparing 3 stocks from 
FinancialsInsurance

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Star Health and Allied Insurance Company Ltd33.494.43—
Life Insurance Corporation Of India14.146.981.09%
Bajaj Finserv Ltd34.052.670.06%
SBI Life Insurance Company Ltd83.0610.550.17%

Price Comparison

Compare STARHEALTH with any stock or ETF
Compare STARHEALTH with any stock or ETF
STARHEALTH
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Increased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 1.41%

Decreased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 3.93%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding57.69%11.53%5.52%17.65%7.61%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep33.10%30.63%31.00%26.57%21.58%17.65%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 1.70%

Top 5 Mutual Funds holding Star Health and Allied Insurance Company Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan

Growth
2.5934%0.98%-0.05%34/79 (+6)
ICICI Prudential Value Discovery Fund - Growth - Direct Plan

Growth
0.7278%0.42%-0.09%58/101 (+1)
ICICI Prudential India Opportunities Fund - Growth - Direct Plan

Growth
0.7134%0.84%-0.06%56/92 (-2)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Star Health and Allied Insurance Company Ltd

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

STARHEALTH has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

Hmm, looks like data is unavailable here. Please come back after some time
News & Opinions
Spotlight
Volumes jump at Star Health & Allied Insurance Company Ltd counter

KIOCL Ltd, Sun TV Network Ltd, Rainbow Childrens Medicare Ltd, Poly Medicure Ltd are among the other stocks to see a surge in volumes on BSE today, 04 November 2024.Star Health & Allied Insurance Company Ltd witnessed volume of 92351 shares by 10:47 IST on BSE, a 3.8 times surge over two-week average daily volume of 24287 shares. The stock dropped 3.80% to Rs.493.15. Volumes stood at 8336 shares in the last session.KIOCL Ltd notched up volume of 19145 shares by 10:47 IST on BSE, a 3.53 fold spurt over two-week average daily volume of 5423 shares. The stock slipped 5.84% to Rs.316.00. Volumes stood at 354 shares in the last session.Sun TV Network Ltd clocked volume of 27212 shares by 10:47 IST on BSE, a 3.19 times surge over two-week average daily volume of 8520 shares. The stock lost 3.00% to Rs.734.05. Volumes stood at 6421 shares in the last session.Rainbow Childrens Medicare Ltd clocked volume of 38289 shares by 10:47 IST on BSE, a 2.47 times surge over two-week average daily volume of 15530 shares. The stock gained 3.14% to Rs.1,598.20. Volumes stood at 9697 shares in the last session.Poly Medicure Ltd notched up volume of 27974 shares by 10:47 IST on BSE, a 2.06 fold spurt over two-week average daily volume of 13567 shares. The stock slipped 7.95% to Rs.2,911.35. Volumes stood at 23340 shares in the last session.Powered by Capital Market - Live

6 days agoCapital Market - Live
Earnings
Star Health & Allied Insurance Company standalone net profit declines 11.18% in the September 2024 quarter

Net profit of Star Health & Allied Insurance Company declined 11.18% to Rs 111.29 crore in the quarter ended September 2024 as against Rs 125.30 crore during the previous quarter ended September 2023. Sales rose 15.54% to Rs 3703.88 crore in the quarter ended September 2024 as against Rs 3205.58 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3703.883205.58 16 OPM %3.965.16 - PBDT148.80167.11 -11 PBT148.80167.11 -11 NP111.29125.30 -11 Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Star Health drops amid cyberattack fallout

According to the media reports, the hacker responsible for the breach listed the stolen data for sale on the dark web, making shocking allegations against Star Health's Chief Information Security Officer (CISO). The hacker claimed the CISO was involved in selling the data and later attempted to extort more money for backdoor access. In response to the incident, Star Health has reported the matter to relevant regulatory authorities and initiated a thorough forensic investigation. The company has defended its CISO, stating that he is cooperating with the investigation and no wrongdoing has been found. To prevent further dissemination of the stolen data, Star Health has sought an injunction against messaging platform Telegram and IT management service company Cloudflare in the Madras High Court. The company aims to restrict the sharing and distribution of its customers' sensitive information. The cyberattack has raised serious concerns about the security measures in place at Star Health and the potential risks faced by its customers. As the investigation continues, it remains to be seen how the company will address the data breach and mitigate future risks. Star Health Insurance is a standalone health insurer, offering a variety of products including health, personal accident, and travel insurance. The company has a strong distribution network and have settled over 1 crore claims. In FY24, they reported a gross written premium of Rs 15,254 crore and a net worth of Rs 6,339 crore. Net profit of Star Health & Allied Insurance Company rose 10.80% to Rs 318.93 crore on 15.66% increase in net sales to Rs 3520.32 crore in Q1 June 2024 over Q1 June 2023. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Star Health & Allied Insurance Co. to hold board meeting

Star Health & Allied Insurance Co. will hold a meeting of the Board of Directors of the Company on 29 October 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Star Health & Allied Insurance Company receives upgrade in credit ratings

Star Health & Allied Insurance Company has achieved a significant milestone with a credit rating upgrade from India Ratings and Research (Ind-Ra). The company's Long-Term Issuer Rating has been elevated to 'IND AA+' from 'IND AA', with a Stable outlook. Additionally, Star Health's subordinated debt has been upgraded to 'IND AA' from 'IND AA-'. The upgrade reflects Star's consistence in profitability, leadership position and large distribution network. Recently, Care Ratings had also assigned Star Health Insurance a credit rating of 'CARE AA+' with a Stable Outlook.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Star Health & Allied Insurance Co. to convene AGM

Star Health & Allied Insurance Co. announced that the Annual General Meeting (AGM) of the company will be held on 23 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live

LIC, HDFC Life: Insurers stocks log up to 20% gain in July; what next?

3 months agoBusiness Standard

Star Health Q1 Results: Profit Up 11%, Gross Written Premium Rises 18%

3 months agoBloomberg Quint

Star Health and Allied Insurance Q1 results: GWP rises 18% to Rs 3,476 cr

3 months agoBusiness Standard
Star Health Earnings: Weak Q1 Recorded, What's The Strategy To Boost Retail Market Share?
3 months agoET NOW