STARHEALTHFinancial Services

Star Health and Allied Insurance Company Limited

General Insurance · ISIN INE575P01011 · BSE 543412 · NSE EQ · FV ₹10
Last price
₹561
+2.72%today
What this company does

Star Health and Allied Insurance Company Limited operates in General Insurance, part of the Financial Services sector.

Their stated vision

To be the most admired health insurance company in India.

In the report:
Equitytale Health Score
Insufficient data

We could measure only 15% of what this score needs, so we are not publishing a number for this company. What we could measure is below.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
45

At close. Not part of the score.

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: profitability & returns, balance sheet, cash quality, growth & consistency, valuation. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
Promoters hold 58%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Operating cash flow is negative

What if I invest in STARHEALTH?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹561 +2.72%
latest close · 2026-09-17
52-wk low ₹495180 sessions so far52-wk high ₹940
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.07Comfortable
LowModerateHigh ▸1
Current ratio0.60Tight
Tight ◂1HealthyAmple
More figures
Market cap
Book value
EPS
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
Earnings yield
P/S
Sales / share
Tax rate
Face value
₹10
Working capital
₹-2,374 cr
Current assets
₹3,515 cr
Current liabilities
₹5,889 cr
Delivery %
56.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
We haven't parsed this company's annual profit history yet — common for banks and insurers, whose results file in a different format — so we can't value it off earnings.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q4 FY26 (consolidated)
Other Income₹2 cr
Where the money goes

Not enough income-statement detail filed to break this down yet.

Quarterly results · consolidated (₹ cr)
MetricQ2 FY26Q3 FY26Q4 FY26
Revenue
Total income
Expenses
Profit before tax
Tax
Net profit (owners' share)
Net margin (owners' share, on revenue)
EPS (₹)
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹8,021 cr
Shareholder equity
₹7,001 cr
parent shareholders
Total debt
₹470 cr
Cash
Cash flow · H1 FY26
Operating
₹-368 cr
Investing
₹-23 cr
Financing
₹-29 cr
Peer comparison
General Insurance · by market value
CompanyPriceMarket capP/E
General Insurance Corporation of India₹340
The New India Assurance Company Limited₹197
Niva Bupa Health Insurance Company Limited₹80
Go Digit General Insurance Limited₹256
Star Health and Allied Insurance Company Limitedthis company₹561
ICICI Lombard General Insurance Company Limited₹1,487
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
58.0%
FII / Foreign
16.0%
DII / Domestic
19.4%
Retail / others
6.5%
Smart-money activity
Insider trades
BoughtSETU AIF TRUST · Promoter Group1.77 L · ₹8.4 cr3 Jun 25
BoughtSETU AIF TRUST · Promoter Group67,000 · ₹3.2 cr2 Jun 25
BoughtSETU AIF TRUST · Promoter Group2.90 L · ₹13.8 cr2 Jun 25
Bulk / block deals
short · NSE273 Sep 26
short · NSE2430 Jul 26
short · NSE11617 Jul 26
Stake changes
SoldEstate of Late Mr. Rakesh Jhunjhunwala · promoter→ 0.00% · 7.68 cr25 Jun 26
BoughtSitara Partners LLP · promoter→ 13.29% · 7.82 cr24 Jun 26
BoughtSitara Partners LLP · promoter→ 13.29% · 7.82 cr24 Jun 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 28 Aug 2026
See the official result
1
To receive, consider and adopt the audited Standalone financial statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
15.75 cr votes for, 537 against · 0% of mutual funds and other big investors said no
2
To appoint a Director in place of Mr. Deepak Ramineedi (DIN: 07631768), who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 99% of shareholders other than promotersneeded 50%
18.14 cr votes for, 21.66 L against · 1% of mutual funds and other big investors said no
3
To appoint Mr. Utpal Hemendra Sheth (DIN: 00081012), as a Nominee Director of the Company to represent Sitara Partners LLP.
Promoters had a personal stake in this
Backed by 93% of shareholders other than promotersneeded 75%
17.10 cr votes for, 1.25 cr against · 7% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 184 named members
owning 58.0% between them · as of 2026-06-30
SAFECROP INVESTMENTS INDIA LLP40.17%
SITARA PARTNERS LLP13.29%
REKHA JHUNJHUNWALA3.04%
UTPAL H SHETH0.55%
SETU AIF TRUST0.36%
SANDEEP SINGHAL0.29%
AMIT GOELA0.25%
USHMA SHETH SULE0.05%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.