Star Health and Allied Insurance Company Ltd
Star Health and Allied Insurance Company Limited has informed the Exchange about the declaration of standalone unaudited limited reviewed financial results for the quarter ended June 30, 2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 29 Jul 2026, 05:53 PM IST · BSE ID: 775bb051-0f0b-45c7-84fd-1723f09001a9
View Original BSE Filing (PDF)
💡
In Simple Terms
Star Health announced Q1 profit of INR 43,818 Million and plans to reclassify some owners and repay specific debentures.
🤖 AI Summary
- Star Health reported standalone unaudited net profit of INR 43,818 Million for the quarter ended June 30, 2026.
- Board approved reclassification of shareholders from Promoter/Promoter Group to Public category, subject to approvals.
- Company to redeem 4000 listed NCDs with interest by September 30, 2026, via call option.
- Company to redeem an additional 700 listed NCDs with interest by October 29, 2026, via call option.
- Insurance Service Result for the quarter ended June 30, 2026, stood at INR 42,510 Million.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit/(Loss) for the period
43,818 Million
Insurance Service Result
42,510 Million
Basic EPS for the period
9.34
Combined Operating Ratio
90.93%
🏢 How This Affects the Company
The redemption of 4700 listed NCDs by October 29, 2026, will reduce the company's outstanding debt obligations and associated interest expenses.
The reclassification of promoter shareholders to public category may alter the shareholding structure and corporate governance dynamics upon completion.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take immediate action based on this filing.
👤
Who Is Affected
Shareholders classified as Promoter/Promoter Group seeking reclassification to the Public category will be affected upon approval by stock exchanges and company members. NCD holders will receive principal and interest by specified dates.
🔍
Management Signal
Management is focusing on financial prudence by redeeming NCDs and proactively addressing shareholding classification, indicating potential shifts in governance and capital structure.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Outcome of regulatory approvals for promoter reclassification.
Completion of NCD redemptions by September 30, 2026, and October 29, 2026.
Release of Q2 FY27 financial results for trend analysis.
MEDIUM RISK
Reclassification requires approvals, and changes in shareholder structure may introduce new dynamics.
💡 Investor Takeaway
Star Health reported a net profit of INR 43,818 Million for Q1 FY27. The company approved reclassification of certain promoters to public category, pending approvals, and scheduled redemption of 4700 listed NCDs by October 2026, reducing future debt.
⚖️ Strengths & Concerns
✅ Positives
- Reported a net profit of INR 43,818 Million for the quarter ended June 30, 2026.
- Strong solvency ratio of 2.09 as of June 30, 2026, exceeding the statutory requirement.
⚠️ Concerns
- Combined Operating Ratio increased to 90.93% for the quarter ended June 30, 2026, compared to 89.91% in the prior corresponding period.
- Expense ratio for the quarter ended June 30, 2026, was 23.45%, compared to 20.95% for the quarter ended March 31, 2026.
📅 Company Track Record
Star Health's FY26 net profit was INR 55,698 Million, down 13.9% despite premiums up 13.7% to INR 17,65,025 Million, with operating margin compressed to 1.48%.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Star Health's net profit for the quarter ended June 30, 2026?
Star Health and Allied Insurance Company Ltd reported a standalone unaudited net profit of INR 43,818 Million for the quarter ended June 30, 2026.
What decisions did Star Health's Board make regarding debentures?
Star Health's Board approved exercising call options to redeem 4000 listed NCDs by September 30, 2026, and 700 listed NCDs by October 29, 2026, both with due interest.
What was Star Health's Solvency Ratio as of June 30, 2026?
As of June 30, 2026, Star Health and Allied Insurance Company Ltd reported a Solvency Ratio of 2.09.
Did Star Health's Board approve any reclassification of shareholders?
Yes, Star Health's Board approved the reclassification of shareholders from Promoter/Promoter Group to the Public category, which is subject to approval from Stock Exchanges and company members.
Questions based on this BSE filing only. For information purposes.