Financials Star Health and Allied Insurance Company Limited

Equities

STARHEALTH

INE575P01011

Life & Health Insurance

End-of-day quote NSE India S.E. 06:00:00 2024-07-15 pm EDT 5-day change 1st Jan Change
589.4 INR +0.42% Intraday chart for Star Health and Allied Insurance Company Limited +1.73% +10.22%

Valuation

Fiscal Period: March 2022 2023 2024 2025 2026
Capitalization 1 408,880 301,483 345,067 - -
Enterprise Value (EV) 1 408,880 299,877 318,231 356,373 355,693
P/E ratio -38.1 x 49.8 x 38.3 x 32 x 26.2 x
Yield - - 0.01% 0.17% 0.28%
Capitalization / Revenue 3.57 x 2.33 x 2.08 x 1.92 x 1.63 x
EV / Revenue 3.57 x 2.32 x 2.09 x 1.98 x 1.68 x
EV / EBITDA - - 166 x 805 x 65.1 x
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book 6.39 x 4.58 x 5.15 x 4.6 x 3.92 x
Nbr of stocks (in thousands) 575,522 581,677 585,107 - -
Reference price 2 710.4 518.3 589.4 589.4 589.4
Announcement Date 4/29/22 4/28/23 4/30/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net sales 1 - 114,635 129,525 152,544 179,805 212,345
EBITDA 1 - - - 2,099 442.8 5,463
EBIT 1 - -15,820 7,060 7,309 10,658 12,942
Operating Margin - -13.8% 5.45% 4.79% 5.93% 6.09%
Earnings before Tax (EBT) 1 -14,458 -13,966 8,264 11,288 14,430 17,678
Net income 1 -10,857 -10,407 6,186 8,450 10,812 13,222
Net margin - -9.08% 4.78% 5.54% 6.01% 6.23%
EPS 2 - -18.65 10.41 14.19 18.41 22.53
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 - - - 0.0500 1.025 1.650
Announcement Date 4/15/21 4/29/22 4/28/23 4/30/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 36,892 24,637 31,929 30,967 41,992 29,486 37,317 36,058 49,683 35,190 - - -
EBITDA - - - - - - - - - - - - -
EBIT 1 -980.3 2,788 1,102 2,414 750.6 2,915 726.3 2,769 899.8 713.4 -384.3 560.3 -446.6
Operating Margin -2.66% 11.31% 3.45% 7.8% 1.79% 9.88% 1.95% 7.68% 1.81% 2.03% - - -
Earnings before Tax (EBT) 1 -1,158 2,880 1,206 2,817 1,360 3,844 1,671 3,877 1,897 4,752 - - -
Net income 1 -820.4 2,132 931 2,105 1,018 2,878 1,253 2,896 7,421 3,641 2,009 3,295 1,335
Net margin -2.22% 8.66% 2.92% 6.8% 2.42% 9.76% 3.36% 8.03% 14.94% 10.35% - - -
EPS 2 - 3.590 1.590 3.540 1.710 4.830 2.100 4.460 2.390 5.776 - - -
Dividend per Share 2 - - - - - - - - - - - - -
Announcement Date 4/29/22 7/29/22 11/9/22 1/31/23 4/28/23 7/28/23 10/31/23 1/30/24 4/30/24 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 254 11,306 10,626
Net Cash position 1 - - 1,606 - - -
Leverage (Debt/EBITDA) - - - 1.72 x 25.53 x 1.945 x
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - -19.6% 9.53% 14.1% 15.5% 16%
ROA (Net income/ Total Assets) - -7.85% 3.91% 5.46% 5.87% 6.22%
Assets 1 - 132,522 158,183 158,249 184,104 212,616
Book Value Per Share 2 - 111.0 113.0 114.0 128.0 150.0
Cash Flow per Share - - - - - -
Capex - 631 - - - -
Capex / Sales - 0.55% - - - -
Announcement Date 4/15/21 4/29/22 4/28/23 4/30/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
587 INR
Average target price
651.3 INR
Spread / Average Target
+10.96%
Consensus
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  3. STARHEALTH Stock
  4. Financials Star Health and Allied Insurance Company Limited