Star Health & Allied Insurance Share Price

Star Health and Allied Insurance Company Limited is a private health insurance company headquartered in Chennai. Star Health was founded in 2006. It was the first company in India solely dedicated to health insurance, personal accident and overseas travel insurance coverage.

The market capitalisation of Star Health and Allied Insurance Company Limited is over ₹32,000 crore as of January 8, 2023. Star Health share price has dropped around 6% in the last one year.

Business operations

Star Health Insurance has one of the most extensive networks of medical facilities and testing centres. Through a collaboration with over 14,000 healthcare centres across India, Star Health has solidified its reputation as a health insurance company. The company operates with pre-established agreements with over 10,500 hospitals. In FY23, Star Health handled 1.08 million claims through its network hospitals, with 73.3% processed as cashless transactions.

The company provides innovative health, personal accident and travel insurance products tailored to the requirements of the Indian market. Star Health provides coverage options primarily for retail health, group health, personal accident and overseas travel. These accounted for 92.26%, 6.23%, 1.50% and 0.02% respectively of its total gross written premium (GWP) in FY 23. In addition to its products, the company offers complimentary telehealth consultations with expert in-house doctors.

Star Health has covered more than 17 crore lives since our inception. Its dedicated in-house claim settlement team settles claims totalling over ₹4 crore every hour. The insurance company has over 6.3 lakh agents attending to customer needs across India.

Star Health has been the top performer in the non-public health insurance sector regarding new branch openings since FY18. It operates across 25 states and five Union Territories, with a network supported by 835 branches, 200 in rural areas. It has 369 sales manager stations and 6,468 sales managers.

The company also uses various distribution channels. It has partnered with 85 corporate agents, 37 banks and 48 other entities, along with 469 brokers, 8 web aggregators and 85 insurance marketing firms. Star Health has also established strategic alliances with PSU banks, private banks, rural banks and NBFCs.

The company generated 39% of its revenues from South India, 22% from West India, 30% from North India and 8% from East India in FY3.

Star Health employs 14,750 people as of March 31, 2023 of the total employees.

Star Health & Allied Insurance Financial Highlights

• Revenue: Star Health & Allied Insurance reported revenue of ₹15,594.02 crore in FY24 vs ₹13,580.29 crore in FY23. It showed an increase of 14.83% on a yearly basis.
• Operating Profit: Star Health & Allied Insurance reported an operating profit of ₹393.32 crore in FY24 vs ₹731.34 crore in FY23. It showed a decrease of 46.22% on a year-on-year basis.
• Net Profit: Star Health & Allied Insurance reported a net profit of ₹645.86 crore in FY24 vs ₹845.01 crore in FY23. It showed a decrease of 23.57% on a yearly basis.

Star Health & Allied Insurance Quarterly Result Highlights

• Star Health & Allied Insurance reported revenue of ₹4,115.18 crore in Jun 2025, compared with ₹3,986.60 crore in Mar 2025, representing an increase of 3.23% on a quarter-on-quarter (QoQ) basis.
• Star Health & Allied Insurance reported an operating profit of ₹248.64 crore in Jun 2025, compared with ₹86.89 crore in Mar 2025, representing an increase of 386.15% on a quarter-on-quarter (QoQ) basis.
• Star Health & Allied Insurance reported a profit of ₹262.52 crore in Jun 2025, compared with ₹0.51 crore in Mar 2025, reflecting an increase of 51,374.51% on a QoQ basis.
• The earnings per share (EPS) of Star Health & Allied Insurance stood at ₹11.01 during Jun 2025.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.