Niva Bupa Health Insurance Company reported strong growth for the fiscal year ended March 31, 2026. The company achieved a profit after tax of ₹13,078 lakhs for the full year, compared to ₹21,352 lakhs in the previous year. Gross Premiums Written saw significant growth, reaching ₹8,58,592 lakhs. The company continues to maintain a stable solvency ratio of 2.49 as of the end of the fiscal year.
Annual Financial Performance Overview
For the financial year ended March 31, 2026, Niva Bupa Health Insurance Company Limited demonstrated robust top-line growth. The company reported a total Gross Premium Written of ₹8,58,592 lakhs, marking a substantial increase from the ₹6,76,223 lakhs recorded in the previous fiscal year. Net profit after tax stood at ₹13,078 lakhs for FY26.
Quarterly Performance Highlights
In the final quarter (Q4: Jan-Mar 2026), the company posted a profit after tax of ₹34,513 lakhs, a significant turnaround compared to a loss of ₹8,764 lakhs in the preceding quarter (Q3: Oct-Dec 2025). The Q4 operating profit was reported at ₹28,253 lakhs, reflecting improved operational efficiency as the company navigated the competitive health insurance landscape.
Key Operational and Financial Ratios
The company maintained a disciplined approach to its operations. As of March 31, 2026, the solvency ratio stood at 2.49. The Expense of Management ratio for the full year improved to 33.70%, down from 39.22% in the prior year. Furthermore, the combined ratio for the full year was recorded at 103.39%.
Segment Performance
The health insurance segment remains the primary driver of the company’s business. For the fiscal year, the health segment generated ₹5,96,917 lakhs in net earned premiums, while the personal accident segment contributed ₹9,312 lakhs. The company continues to focus on optimizing these segments to ensure long-term value for stakeholders.
Source: BSE
