Star Health & Allied Insurance Company Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹4,648Cr
- +13.9% YoY
- +1.8% QoQ
- Net profit
- ₹111Cr
- +11000% YoY
- −13.3% QoQ
- Margin
- 3.2%
- +3.4 pp YoY
- −0.6 pp QoQ
Top 4 Insurance companies on management guidance
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What the Q4 FY26 call signalled
1 of 2 strong
The short version
Star Health aims for profitable, sustainable growth rather than just market share expansion. Star Health expects steady growth on an N basis with upwards of 39% growth for FY26.
From Star Health & Allied Insurance Company Ltd's Q4 FY26 earnings-call transcript · updated 24 Aug 2026.
Revenue & Sales Performance
- Star Health aims for profitable, sustainable growth rather than just market share expansion.
- Fresh retail growth is expected to remain strong with a focus on value and volume; fresh retail growth was 38% YoY in Q4 FY26.
- New-to-insurance mix remains high (~94%-95% on fresh premium), targeting new, profitable customer cohorts.
- Company projects NEP growth of upwards of 39% for FY26 and expects this to improve further with long-term policies accruing in NEP.
- Growth targets include maintaining a steady state industry growth alignment of 70-80% overall.
- Focus on profitable geographies and segments like SME with growth targets aligned to organizational objectives.
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Profitability & Margins
Star Health expects steady growth on an N basis with upwards of 39% growth for FY26.
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Capital Expenditure Plans
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Top-ranked in Insurance
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
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Order Book & Pipeline
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Star Health & Allied Insurance Company Ltd — Quarterly revenue & net profit
Star Health & Allied Insurance Company Ltd Q4 FY26 results — key figures
| ₹ Cr | Q4 FY26 | Q4 FY25 | YoY | Q3 FY26 | QoQ |
|---|---|---|---|---|---|
| Revenue | 4,648 | 4,081 | +13.9% | 4,566 | +1.8% |
| Operating profit (EBITDA) | 148 | -7 | — | 172 | -14% |
| Operating margin | 3.2% | -0.2% | +3.4 pp | 3.8% | -0.6 pp |
| Profit before tax | 151 | -1 | — | 173 | -12.7% |
| Net profit (PAT) | 111 | 1 | +11000% | 128 | -13.3% |
| EPS (₹) | 1.89 | 0.01 | +18800% | 2.18 | -13.3% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹5.3K Cr, net profit ₹265 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Star Health Insu's management said in earlier quarters
Others in Insurance this season
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- Niva Bupa Health (Q4 FY26)
16,000 crores, up from INR 9,433 crores in FY '26. Key concall takeaways from Niva Bupa Health's Q4 FY26 earnings call — and how it ranks against sector peers.
Potential multibaggers · Q2 FY27
Potential multibaggers in Insurance
on management's own guidance
- Max FinancialModerate growth2
- Niva Bupa HealthGood growth1
- HDFC Life Insurance CompanyModerate growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Star Health & Allied Insurance Company Ltd Q4 FY26 results?
Star Health aims for profitable, sustainable growth rather than just market share expansion. Star Health expects steady growth on an N basis with upwards of 39% growth for FY26.
What is Star Health & Allied Insurance Company Ltd share price analysis?
Star Health & Allied Insurance Company Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 40.3 with a market cap of ₹34,052 Cr. Investors should review the full earnings analysis for detailed insights.
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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.