Star Health and Allied Insurance Co. Ltd. has announced its audited financial results for the year ended March 31, 2026. The company reported a net profit after tax of ₹556.98 crore for the full financial year. Gross written premium for the year stood at ₹18,621.92 crore. The financial statements highlight the company’s operational growth and commitment to transparency, with an unmodified audit opinion from its joint statutory auditors.
Financial Highlights
For the financial year ended March 31, 2026, the company achieved a robust Gross Written Premium of ₹18,621.92 crore. The Net Profit after tax for the fiscal year was recorded at ₹556.98 crore. Performance in the final quarter (Q4: Jan-Mar 2026) yielded a net profit of ₹111.34 crore, reflecting the company’s continued focus on sustainable growth within the health insurance sector.
Operational Performance
The company maintains a strong capital position with a Net Worth of ₹7,588.66 crore as of March 31, 2026. The Solvency Ratio remains healthy at 205%, underscoring the insurer’s stability and ability to meet long-term obligations. Underwriting balance and expense ratios demonstrate ongoing efforts to optimize operational efficiencies despite the seasonal nature of the health insurance industry, which typically sees higher claim frequencies during monsoon periods.
Strategic Outlook and Developments
The company has taken proactive steps regarding its human capital, acknowledging an incremental gratuity expense of ₹18.63 crore following the implementation of new labor codes. Looking ahead, the company is preparing for the transition to Indian Accounting Standards (Ind AS) starting in the 2026-27 financial year, ensuring alignment with updated reporting frameworks and enhancing the quality of its financial disclosures to stakeholders.
Source: BSE
