| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,357 | 3,461 | 3,577 | 3,692 | 3,914 | 4,001 | 3,987 | 4,336 | 4,266 | 4,445 | 4,671 | 4,917 | |
Growth YoY Revenue Growth YoY% | 15.0 | 16.0 | 17.2 | 15.7 | 16.6 | 15.6 | 11.4 | 17.4 | 9.0 | 11.1 | 17.2 | 13.4 |
Expenses ExpensesCr | 3,284 | 3,180 | 3,487 | 3,380 | 3,899 | 3,849 | 4,073 | 4,049 | 4,285 | 4,375 | 4,166 | 4,492 |
| 73 | 281 | 90 | 312 | 16 | 153 | -87 | 288 | -19 | 69 | 505 | 425 | |
OPM OPM% | 2.2 | 8.1 | 2.5 | 8.4 | 0.4 | 3.8 | -2.2 | 6.6 | -0.5 | 1.6 | 10.8 | 8.7 |
| 593 | 469 | 768 | 554 | 695 | 650 | 861 | 1,108 | 806 | 806 | 685 | 1,258 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBT PBTCr | 167 | 388 | 190 | 426 | 149 | 287 | -1 | 588 | 78 | 173 | -60 | 742 |
| 42 | 98 | 47 | 107 | 38 | 72 | -1 | 150 | 23 | 45 | -4 | 192 | |
| 125 | 290 | 142 | 319 | 111 | 215 | 1 | 438 | 55 | 128 | -64 | 550 | |
Growth YoY PAT Growth YoY% | 34.6 | 37.6 | 39.8 | 10.8 | -11.2 | -25.7 | -99.6 | 37.4 | -50.7 | -40.4 | -12,586.3 | 25.5 |
NPM NPM% | 3.7 | 8.4 | 4.0 | 8.6 | 2.8 | 5.4 | 0.0 | 10.1 | 1.3 | 2.9 | -1.4 | 11.2 |
| 2.1 | 5.0 | 2.4 | 5.5 | 1.9 | 3.7 | 0.0 | 7.5 | 0.9 | 2.2 | 1.9 | 9.3 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,357 | 3,461 | 3,577 | 3,692 | 3,914 | 4,001 | 3,987 | 4,336 | 4,266 | 4,445 | 4,671 | 4,917 | |
Growth YoY Revenue Growth YoY% | 15.0 | 16.0 | 17.2 | 15.7 | 16.6 | 15.6 | 11.4 | 17.4 | 9.0 | 11.1 | 17.2 | 13.4 |
Expenses ExpensesCr | 3,284 | 3,180 | 3,487 | 3,380 | 3,899 | 3,849 | 4,073 | 4,049 | 4,285 | 4,375 | 4,166 | 4,492 |
| 73 | 281 | 90 | 312 | 16 | 153 | -87 | 288 | -19 | 69 | 505 | 425 | |
OPM OPM% | 2.2 | 8.1 | 2.5 | 8.4 | 0.4 | 3.8 | -2.2 | 6.6 | -0.5 | 1.6 | 10.8 | 8.7 |
| 593 | 469 | 768 | 554 | 695 | 650 | 861 | 1,108 | 806 | 806 | 685 | 1,258 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBT PBTCr | 167 | 388 | 190 | 426 | 149 | 287 | -1 | 588 | 78 | 173 | -60 | 742 |
| 42 | 98 | 47 | 107 | 38 | 72 | -1 | 150 | 23 | 45 | -4 | 192 | |
| 125 | 290 | 142 | 319 | 111 | 215 | 1 | 438 | 55 | 128 | -64 | 550 | |
Growth YoY PAT Growth YoY% | 34.6 | 37.6 | 39.8 | 10.8 | -11.2 | -25.7 | -99.6 | 37.4 | -50.7 | -40.4 | -12,586.3 | 25.5 |
NPM NPM% | 3.7 | 8.4 | 4.0 | 8.6 | 2.8 | 5.4 | 0.0 | 10.1 | 1.3 | 2.9 | -1.4 | 11.2 |
| 2.1 | 5.0 | 2.4 | 5.5 | 1.9 | 3.7 | 0.0 | 7.5 | 0.9 | 2.2 | 1.9 | 9.3 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 3,714 | 4,885 | 4,877 | 10,289 | 11,763 | 13,580 | 15,659 | 17,386 | 18,299 |
Growth Revenue Growth% | 31.6 | -0.2 | 111.0 | 14.3 | 15.4 | 15.3 | 11.0 | 12.7 | |
Expenses ExpensesCr | 4,531 | 5,627 | 7,761 | 13,709 | 13,111 | 15,244 | 17,741 | 19,968 | 17,319 |
| -818 | -741 | -2,884 | -3,421 | -1,348 | -1,664 | -2,082 | -2,582 | 980 | |
OPM OPM% | -22.0 | -15.2 | -59.1 | -33.3 | -11.5 | -12.3 | -13.3 | -14.8 | 5.3 |
| 0 | 0 | 0 | 0 | 0 | 2 | 5 | 6 | 3,555 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBT PBTCr | 182 | 413 | -1,446 | -1,397 | 826 | 1,129 | 861 | 754 | 933 |
| 54 | 145 | -360 | -356 | 208 | 284 | 215 | 197 | 256 | |
PAT PATCr | 128 | 268 | -1,086 | -1,041 | 619 | 845 | 646 | 557 | 669 |
Growth PAT Growth% | 109.0 | -505.1 | 4.2 | 159.4 | 36.6 | -23.6 | -13.8 | -12.5 | |
NPM NPM% | 3.5 | 5.5 | -22.3 | -10.1 | 5.3 | 6.2 | 4.1 | 3.2 | 3.7 |
| 0.3 | 0.6 | -21.8 | -18.6 | 10.7 | 14.5 | 11.0 | 9.5 | 14.3 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 3,714 | 4,885 | 4,877 | 10,289 | 11,763 | 13,580 | 15,659 | 17,386 | 18,299 |
Growth Revenue Growth% | 31.6 | -0.2 | 111.0 | 14.3 | 15.4 | 15.3 | 11.0 | 12.7 | |
Expenses ExpensesCr | 4,531 | 5,627 | 7,761 | 13,709 | 13,111 | 15,244 | 17,741 | 19,968 | 17,319 |
| -818 | -741 | -2,884 | -3,421 | -1,348 | -1,664 | -2,082 | -2,582 | 980 | |
OPM OPM% | -22.0 | -15.2 | -59.1 | -33.3 | -11.5 | -12.3 | -13.3 | -14.8 | 5.3 |
| 0 | 0 | 0 | 0 | 0 | 2 | 5 | 6 | 3,555 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBT PBTCr | 182 | 413 | -1,446 | -1,397 | 826 | 1,129 | 861 | 754 | 933 |
| 54 | 145 | -360 | -356 | 208 | 284 | 215 | 197 | 256 | |
PAT PATCr | 128 | 268 | -1,086 | -1,041 | 619 | 845 | 646 | 557 | 669 |
Growth PAT Growth% | 109.0 | -505.1 | 4.2 | 159.4 | 36.6 | -23.6 | -13.8 | -12.5 | |
NPM NPM% | 3.5 | 5.5 | -22.3 | -10.1 | 5.3 | 6.2 | 4.1 | 3.2 | 3.7 |
| 0.3 | 0.6 | -21.8 | -18.6 | 10.7 | 14.5 | 11.0 | 9.5 | 14.3 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 456 | 491 | 548 | 576 | 582 | 585 | 588 | 588 | 0 |
Reserves ReservesCr | 937 | 1,154 | 3,672 | 5,810 | 5,993 | 6,085 | 6,471 | 6,987 | 0 |
Borrowings BorrowingsCr | 250 | 250 | 250 | 720 | 470 | 470 | 470 | 470 | 0 |
Other Liabilities Other LiabilitiesCr | 3,230 | 4,232 | -728 | -1,755 | -1,118 | -225 | 53 | -24 | 0 |
Total Liabilities Total LiabilitiesCr | 4,872 | 6,127 | 3,742 | 5,351 | 5,927 | 6,915 | 7,582 | 8,021 | 0 |
| 99 | 117 | 111 | 175 | 323 | 287 | 0 | |||
Advances AdvancesCr | 709 | 977 | 1,265 | 683 | 844 | 1,299 | 1,682 | 2,072 | |
Cash Equivalents Cash EquivalentsCr | 893 | 611 | 1,879 | 564 | 309 | 445 | 668 | 1,444 | 0 |
Other Assets Other AssetsCr | 3,270 | 4,539 | 499 | 3,987 | 4,662 | 4,997 | 4,909 | 4,220 | 0 |
Total Assets Total AssetsCr | 4,872 | 6,127 | 3,742 | 5,351 | 5,927 | 6,915 | 7,582 | 8,021 | 0 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 456 | 491 | 548 | 576 | 582 | 585 | 588 | 588 | 0 |
Reserves ReservesCr | 937 | 1,154 | 3,672 | 5,810 | 5,993 | 6,085 | 6,471 | 6,987 | 0 |
Borrowings BorrowingsCr | 250 | 250 | 250 | 720 | 470 | 470 | 470 | 470 | 0 |
Other Liabilities Other LiabilitiesCr | 3,230 | 4,232 | -728 | -1,755 | -1,118 | -225 | 53 | -24 | 0 |
Total Liabilities Total LiabilitiesCr | 4,872 | 6,127 | 3,742 | 5,351 | 5,927 | 6,915 | 7,582 | 8,021 | 0 |
| 99 | 117 | 111 | 175 | 323 | 287 | 0 | |||
Advances AdvancesCr | 709 | 977 | 1,265 | 683 | 844 | 1,299 | 1,682 | 2,072 | |
Cash Equivalents Cash EquivalentsCr | 893 | 611 | 1,879 | 564 | 309 | 445 | 668 | 1,444 | 0 |
Other Assets Other AssetsCr | 3,270 | 4,539 | 499 | 3,987 | 4,662 | 4,997 | 4,909 | 4,220 | 0 |
Total Assets Total AssetsCr | 4,872 | 6,127 | 3,742 | 5,351 | 5,927 | 6,915 | 7,582 | 8,021 | 0 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| 776 | 647 | 890 | 56 | 1,276 | 1,310 | 1,379 | 1,873 | |
| -731 | -1,006 | -2,418 | -3,786 | -1,097 | -1,177 | -1,151 | -1,067 | |
| 333 | 122 | 2,613 | 2,509 | -268 | 23 | -4 | -31 | |
Net Cash Flow Net Cash FlowCr | 379 | -237 | 1,086 | -1,221 | -89 | 156 | 224 | 775 |
Free Cash Flow Free Cash FlowCr | 746 | 614 | 844 | -7 | 1,229 | 1,187 | 1,297 | 1,797 |
CFO To PAT CFO To PAT% | 605.5 | 241.6 | -82.0 | -5.3 | 206.3 | 155.0 | 213.4 | 336.4 |
CFO To EBITDA CFO To EBITDA% | -94.9 | -87.3 | -30.9 | -1.6 | -94.7 | -78.7 | -66.2 | -72.6 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| 776 | 647 | 890 | 56 | 1,276 | 1,310 | 1,379 | 1,873 | |
| -731 | -1,006 | -2,418 | -3,786 | -1,097 | -1,177 | -1,151 | -1,067 | |
| 333 | 122 | 2,613 | 2,509 | -268 | 23 | -4 | -31 | |
Net Cash Flow Net Cash FlowCr | 379 | -237 | 1,086 | -1,221 | -89 | 156 | 224 | 775 |
Free Cash Flow Free Cash FlowCr | 746 | 614 | 844 | -7 | 1,229 | 1,187 | 1,297 | 1,797 |
CFO To PAT CFO To PAT% | 605.5 | 241.6 | -82.0 | -5.3 | 206.3 | 155.0 | 213.4 | 336.4 |
CFO To EBITDA CFO To EBITDA% | -94.9 | -87.3 | -30.9 | -1.6 | -94.7 | -78.7 | -66.2 | -72.6 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 40,899 | 30,160 | 31,787 | 20,940 | 26,905 | 32,327 | |||
Price To Earnings Price To Earnings | 48.8 | 37.6 | 32.4 | 48.3 | 38.3 | ||||
Price To Sales Price To Sales | 3.9 | 2.5 | 2.3 | 1.3 | 1.5 | 1.8 | |||
Price To Book Price To Book | 8.8 | 5.5 | 5.0 | 3.0 | 3.5 | 4.3 | |||
EV To EBITDA EV To EBITDA | -12.0 | -22.5 | -19.1 | -10.0 | -10.0 | 31.7 | |||
OPM OPM% | -22.0 | -15.2 | -59.1 | -33.3 | -11.5 | -12.3 | -13.3 | -14.8 | 5.3 |
NPM NPM% | 3.5 | 5.5 | -22.3 | -10.1 | 5.3 | 6.2 | 4.1 | 3.2 | 3.7 |
ROCE ROCE% | 11.1 | 21.8 | -32.4 | -19.7 | 11.7 | 15.8 | 11.4 | 9.4 | |
ROE ROE% | 9.2 | 16.3 | -25.7 | -16.3 | 9.4 | 12.7 | 9.2 | 7.3 | |
ROA ROA% | 2.6 | 4.4 | -29.0 | -19.4 | 10.4 | 12.2 | 8.5 | 6.9 | |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 40,899 | 30,160 | 31,787 | 20,940 | 26,905 | 32,327 | |||
Price To Earnings Price To Earnings | 48.8 | 37.6 | 32.4 | 48.3 | 38.3 | ||||
Price To Sales Price To Sales | 3.9 | 2.5 | 2.3 | 1.3 | 1.5 | 1.8 | |||
Price To Book Price To Book | 8.8 | 5.5 | 5.0 | 3.0 | 3.5 | 4.3 | |||
EV To EBITDA EV To EBITDA | -12.0 | -22.5 | -19.1 | -10.0 | -10.0 | 31.7 | |||
OPM OPM% | -22.0 | -15.2 | -59.1 | -33.3 | -11.5 | -12.3 | -13.3 | -14.8 | 5.3 |
NPM NPM% | 3.5 | 5.5 | -22.3 | -10.1 | 5.3 | 6.2 | 4.1 | 3.2 | 3.7 |
ROCE ROCE% | 11.1 | 21.8 | -32.4 | -19.7 | 11.7 | 15.8 | 11.4 | 9.4 | |
ROE ROE% | 9.2 | 16.3 | -25.7 | -16.3 | 9.4 | 12.7 | 9.2 | 7.3 | |
ROA ROA% | 2.6 | 4.4 | -29.0 | -19.4 | 10.4 | 12.2 | 8.5 | 6.9 | |
Documents — Star Health & Allied Insurance Company Ltd
Concall Transcript Summaries — Star Health & Allied Insurance Company Ltd