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Star Health & Allied Insurance Company Ltd

Q1 FY26Insurance

Star Health & Allied Insurance Company Q1 FY26 earnings call: Revenue & Margins

Q1 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹578
Market cap₹34.6K Cr
P/E41.0
Updated23 Aug 2026
Read4 min read

The short version

Star Health targets Rs. Guidance for FY2028 projects INR 2,500 crores PAT on IFRS basis with underwriting profit contributing ~20% and investment returns ~80%.

From Star Health & Allied Insurance Company Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Star Health targets Rs. 2,500 crores profit by FY2028 with a broad split of 20% from underwriting and 80% from investment returns.
  • A strategy shift includes moderating the Rs. 30,000 crores top-line growth guidance to adjust for changes in corporate business focus.
  • Strong retail focus with retail health GWP growing 18% in Q1-FY2026 and fresh retail premiums growing 25%.
  • Digital fresh business growing impressively at 73%, with plans to accelerate this through a dedicated digital SBU.
  • Multi-year policies now contribute around 30% of new business volume, supporting better persistency and revenue visibility for 3 years.
  • Preferred geographies growing 1.5x faster than the overall business, focusing on higher ROE areas.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Star Health & Allied Insurance Company Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The transcript does not explicitly mention any current or future capex, capital investment, or strategic investment plans in detail. However, a few pointers related to investments and strategic focus can be inferred: - Continued investments in technology over the last 2-3 years have improved manpower efficiency and digital business growth. - Plan to create a dedicated digital Strategic Business Unit (SBU) to accelerate the digital business. - Focus on digital direct business expansion, which is growing rapidly at 73% year-on-year in fresh business. - Continued innovation in fraud detection models to reduce fraud, waste, and abuse, indicating investment in proprietary technology.

2 more points management made on capital expenditure plans

Top-ranked in Insurance

Ranked on what management guided this quarter

5x potential
1Max Financial
Rev 2Mar 3
2Niva Bupa Health
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 3Mar 3
5
Rev 3Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Star Health & Allied Insurance Company Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided transcript from Star Health and Allied Insurance Company Ltd.'s discussions does not explicitly mention any details regarding current or expected orderbook or pending orders. The conversation primarily focuses on insurance business performance, growth, claims ratios, pricing strategies, digital business, and management updates. Key points: - No specific information related to orderbook or pending orders was found. - Discussions centered around insurance claims, loss ratios, pricing, persistency, product mix, and digital channel growth.

2 more points management made on order book & pipeline

Star Health & Allied Insurance Company Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹4.6K Cr, net profit ₹111 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Star Health & Allied Insurance Company Ltd Q1 FY26 results?

Star Health targets Rs. Guidance for FY2028 projects INR 2,500 crores PAT on IFRS basis with underwriting profit contributing ~20% and investment returns ~80%.

What is Star Health & Allied Insurance Company Ltd share price analysis?

Star Health & Allied Insurance Company Ltd currently shows a neutral. The stock trades at a P/E of 41.0 with a market cap of ₹34,614 Cr. Investors should review the full earnings analysis for detailed insights.

Is Star Health & Allied Insurance Company Ltd planning capital expenditure?

The transcript does not explicitly mention any current or future capex, capital investment, or strategic investment plans in detail.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.