Star Health and Allied Insurance Company logo

Star Health and Allied Insurance Company share price

NSE: STARHEALTHBSE: 543412InsuranceSmall Cap

Last close ₹530.35down ₹10.85 (2.00%)BSE ₹529.95

Share price at the NSE close on 23 Oct 2026. Previous close ₹541.20.

52-week range of traded prices to 23 Oct 2026
₹416.55Low, 27 Jan 2026₹624.90High, 30 Jul 2026
Market cap
₹31,218 Cr273rd largest listed
P/E
37.0
P/B
4.1
Dividend yield
Nonein the last 12 months
ROE
11.6%
Solvency
2.09times the capital required
Gross premium
₹18,622 Cr
Combined ratio
100.42%
Claims ratio
68.54%
Expense ratio
32.25%
Volume, NSE
2,70,77858.7% delivered

Share price

Daily closes since Dec 2021, adjusted for splits and bonuses

+7.4%over a year

Results20-session average 9,51,893 shares a day, 58.0% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter. No standalone results on record for the year to Mar 2024. Gross premium is what policyholders paid in the period, before the part passed on to reinsurers.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 20 Oct

Gross premium
–
Net profit
₹550 Crup 393.78%

Gross premium by year

Peak gross premium ₹18,622 Cr, year to Mar 2026

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 1 of the 4 years with results on record
₹ croreSep 2024Dec 2024Filed 28 JanMar 2025Filed 30 AprJun 2025Filed 29 JulSep 2025Filed 28 OctDec 2025Filed 28 JanMar 2026Filed 28 AprJun 2026Filed 20 Oct
Gross premium4,3713,7965,1383,6054,4244,6245,968–
Net profit111215126355128111550
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, standalone.Segment revenue and profit

  • Health: retail₹15,745 Crup 14.29%94.9%
  • Health: group₹852 Crdown 18.51%5.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: not used for a lender or an insurer. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 3% of 527 trading days over the last 3 years.

LowestHighest
Its median45.5Industry median35.8
Price to book

At or below today's level on 34% of 1,085 trading days since Feb 2022.

LowestHighest
Its median4.8Industry median4.4

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+28.3%−14.0%+49.1%0.0%
3 years−4.1%−4.0%−0.1%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026. Foreign institutions include 1.92% held as foreign direct investment: a stake taken in the company directly, such as a foreign parent's, not bought by portfolio investors.Shareholding pattern

Shareholding by group

  • Promoters58.00%
  • Foreign institutions15.85%
  • Indian institutions18.77%
  • Individuals and others7.37%
Holder
SAFECROP INVESTMENTS INDIA LLPPromoter40.17%
SITARA PARTNERS LLPPromoter13.29%
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITEDInsurance companies4.32%
REKHA JHUNJHUNWALAPromoter3.04%
AMANSA HOLDINGS PRIVATE LIMITEDForeign portfolio investors, category I2.52%
GOVERNMENT PENSION FUND GLOBALForeign portfolio investors, category I2.10%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 2,16,95,369 of its 58,86,23,619 shares locked in.

Mutual funds holding it

85 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 47 of the 53 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
2
Added
18
Cut
35
Held unchanged
27
Sold out
4
Fund
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund2,06,03,3361.08%₹1,101.6 Cr
SBI Mutual Fund logoSBI Balanced Advantage FundSBI Mutual Fund97,24,0271.28%₹519.9 Cr
SBI Mutual Fund logoSBI Midcap FundSBI Mutual Fund63,15,7741.45%₹337.7 Cr
SBI Mutual Fund logoSBI Banking & Financial Services FundSBI Mutual Fund33,24,5921.71%₹177.7 Cr
HDFC Mutual Fund logoHDFC ELSS - Tax Saver FundHDFC Mutual Fund30,00,0001.07%₹160.4 Cr
Nippon India Mutual Fund logoNippon India Banking & Financial Services FundNippon India Mutual Fund28,09,5982.04%₹150.2 Cr
Nippon India Mutual Fund logoNippon India Balanced Advantage FundNippon India Mutual Fund15,20,6890.85%₹81.3 Cr
Tata Mutual Fund logoTata Banking & Financial Services FundTata Mutual Fund12,84,0002.25%₹68.6 Cr
JM Financial Mutual Fund logoJM Flexi Cap FundJM Financial Mutual Fund12,12,9951.29%₹64.9 Cr
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund11,92,1800.18%₹63.7 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Insurance, 13 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Star Health and Allied Insurance Company in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
ICICI Lombard General Insurance Company logoICICI Lombard General Insurance CompanyICICIGI79,53931.14.4–+14.3%−8.8%15.2%–0.88%
ICICI Life Insurance logoICICI Life InsuranceICICILIFE61,27134.84.2–+15.2%+34.0%12.9%–0.39%
General Insurance Corporation of India logoGeneral Insurance Corporation of IndiaGICRE56,7996.40.9–+4.3%+4.0%15.8%–4.09%
Max Financial Services logoMax Financial ServicesMFSL41,804–7.9159.8+4.9%––3.1%0.00%
The New India Assurance Company logoThe New India Assurance CompanyNIACL26,33536.71.1–+10.5%−36.6%3.0%–0.94%
Go Digit General Insurance logoGo Digit General InsuranceGODIGIT24,93350.65.3–+8.3%+6.6%11.0%–0.00%
Niva Bupa Health Insurance Company logoNiva Bupa Health Insurance CompanyNIVABUPA13,304–––––––0.00%
Canara HSBC Life Insurance Company logoCanara HSBC Life Insurance CompanyCANHLIFE11,85188.77.2–––8.4%–0.32%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for ROCE and EV/EBITDA, where the company is a lender or an insurer. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Latest announcements

Routine notices left out.Share news and announcements

Star Health and Allied Insurance Company share price by year

Each calendar year to 2025.Star Health and Allied Insurance Company share price history

YearClose at year endChangeHighest closeLowest close
2025455.00−4.2%522.45343.10
2024474.95−11.2%637.75456.65
2023534.75−5.6%665.30489.60
2022566.30−28.1%858.60473.95
2021787.65–906.85787.55
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 10 Dec 2021.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026543.40543.40525.20530.35530.222,70,77858.7%
22 Oct 2026541.40547.95535.00541.20540.222,75,69361.4%
21 Oct 2026549.45549.85535.65541.95540.442,77,49865.2%
19 Oct 2026548.85549.00540.00542.05543.5469,24352.1%
16 Oct 2026547.80550.50542.35548.85547.481,67,53363.0%
15 Oct 2026554.55555.90547.35550.00550.662,30,43554.6%
14 Oct 2026553.00559.70550.70554.05554.161,51,07260.0%
13 Oct 2026565.00572.55552.75560.10561.824,24,84452.1%
12 Oct 2026554.00565.20550.85563.20559.413,41,42462.4%
9 Oct 2026545.50553.95542.60552.10549.232,09,11146.5%
Prices in ₹ per share as traded, not adjusted.

About Star Health and Allied Insurance Company

Star Health and Allied Insurance Company Limited sells health insurance in India. It describes itself as India's first standalone health insurance company. Its portfolio covers health, personal accident and travel insurance for individuals, families and businesses.

The business is organised into four product lines: retail health, group health, personal accident and travel insurance. Retail health products are for individuals and families. Group health products are for employer-employee and non-employer groups, including small and medium enterprises, and are sold through banks, brokers, corporate intermediaries and digital platforms. Retail products include Super Star, which has variants including Essential, Preferred and Secure, and specialised policies such as Star Cancer Care Platinum, Star Cardiac Care Insurance and Star Women Care. Specialised products also cover autism, cancer care and diabetes care. Star Flexi is its rider framework, a way of adding optional covers across products.

The company operates 924 branches across India, from Jammu & Kashmir in the north to Tamil Nadu in the south, with one in the Andaman & Nicobar Islands. Claims are managed in-house. Alongside insurance, it offers telehealth consultations and second medical opinions from its in-house medical experts. Customers can use the Star Health Customer App.

The company has operated for about two decades. Rajeev Kher is the non-executive chairperson of the board, and Anand Roy is its managing director and chief executive officer.

Legal name
Star Health and Allied Insurance Company Limited
NSE symbol
STARHEALTH
BSE code
543412
ISIN
INE575P01011
Industry
Insurance
Listed
Dec 2021
Face value
₹10
CIN
L66010TN2005PLC056649
Corporate identity number, the registrar of companies' code for it