Star Health and Allied Insurance Company Ltd
STARHEALTHStar Health and Allied Insurance Company Ltd
STARHEALTHPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
31.49 | 4.25 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
17.34 | 2.41 | 1.00% |
Forecast & Ratings
Detailed Forecast from 20 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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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Compare with peersLife Insurance Corporation Of India
Bajaj Finserv Ltd
SBI Life Insurance Company Ltd
HDFC Life Insurance Company Ltd
ICICI Prudential Life Insurance Company Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,595.07 | 2,012.10 | 2,887.53 | 3,775.06 | 4,986.55 | 5,050.63 | 10,610.09 | 12,101.86 | 14,026.44 | 15,148.01 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 13,995.64 | ||||||||||
Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
Employee Cost | 367.62 | 451.92 | 629.19 | 722.02 | 853.65 | 1,176.50 | 1,343.60 | 1,453.66 | 1,612.17 | |||||||||||
Selling & Administrative Expenses | — | — | — | — | — | — | — | — | — | |||||||||||
Operating & Other expenses | 1,073.38 | 1,422.15 | 2,064.07 | 2,842.69 | 3,690.04 | 5,274.21 | 10,619.83 | 9,769.73 | 11,226.71 | |||||||||||
EBITDA | 154.07 | 138.03 | 194.27 | 210.35 | 442.86 | -1,400.08 | -1,353.34 | 878.47 | 1,187.56 | 1,152.37 | ||||||||||
Depreciation/Amortization | 17.50 | 20.08 | 23.08 | 28.09 | 29.44 | 45.73 | 43.30 | 52.07 | 58.71 | — | ||||||||||
PBIT | 136.57 | 117.95 | 171.19 | 182.26 | 413.42 | -1,445.81 | -1,396.64 | 826.40 | 1,128.85 | 1,152.37 | ||||||||||
Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
PBT | 136.57 | 117.95 | 171.19 | 182.26 | 413.42 | -1,445.81 | -1,396.64 | 826.40 | 1,128.85 | 1,152.37 | ||||||||||
Taxes & Other Items | 0.00 | 0.00 | 1.05 | 54.02 | 145.42 | -360.09 | -355.96 | 207.81 | 283.84 | 290.28 | ||||||||||
Net Income | 136.57 | 117.95 | 170.14 | 128.24 | 268.00 | -1,085.72 | -1,040.68 | 618.59 | 845.01 | 862.09 | ||||||||||
EPS | 3.64 | 2.80 | 3.73 | 2.81 | 5.66 | -20.90 | -18.52 | 10.69 | 14.48 | 14.73 | ||||||||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Investor Presentation
Peers & Comparison
FinancialsInsurance
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Star Health and Allied Insurance Company Ltd | 32.13 | 4.25 | — |
Life Insurance Corporation Of India | 13.86 | 6.84 | 1.12% |
Bajaj Finserv Ltd | 31.24 | 2.45 | 0.06% |
SBI Life Insurance Company Ltd | 80.57 | 10.23 | 0.18% |
Price Comparison
Compare STARHEALTH with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.41%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 3.93%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.7990% | Percentage of the fund’s portfolio invested in the stock 0.98% | Change in the portfolio weight of the stock over the last 3 months -0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 34/79 (+6) |
ICICI Prudential Value Discovery Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7587% | Percentage of the fund’s portfolio invested in the stock 0.42% | Change in the portfolio weight of the stock over the last 3 months -0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 58/101 (+1) |
ICICI Prudential India Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7437% | Percentage of the fund’s portfolio invested in the stock 0.84% | Change in the portfolio weight of the stock over the last 3 months -0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 56/92 (-2) |
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Events
Dividend Trend
No Dividends
STARHEALTH has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
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
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
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
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
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
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
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Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 30.02%, vs industry avg of 11.63%
Increasing Market Share
Over the last 5 years, market share increased from 0.44% to 0.95%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 45.8%, vs industry avg of 34.38%