Q2 profit falls 51% as gross written premium reaches Rs 8,029 crore

Negative Operating CashflowResults View source PDF Explain this filing

STARHEALTH · price

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Price reactionminutes from the announcement price · days from the prior close

-2.9%Reaction day

₹494.55

prior close

₹480.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.4%-3.4% vs market

General Insurance peers, median of 5sector+0.8%-3.8% vs sector

On the reaction day the stock moved 3.4 pts less than Nifty Smallcap 250 and 3.8 pts less than its General Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.0

15m

-0.4

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9+0.4-3.4+0.8-3.8

Next day

-2.3+0.4-2.7-0.2-2.1

+0.1-0.2+0.3-1.2+1.3

-1.7+0.5-2.2-0.8-1.0

-1.6-0.2-1.4-1.3-0.3

-2.3-1.6-0.7-2.4+0.0

-0.5-1.9+1.3-1.4+0.9

15d

+2.1-2.4+4.5+0.7+1.4

-2.9-3.3+0.4-1.7-1.2

-10.3-4.7-5.6-3.9-6.4

-9.0-9.9+0.9-9.8+0.8

UpDownMarket · Nifty Smallcap 250Sector · General Insurance peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q2 FY26 profit after tax was Rs 54.85 crore, down from Rs 111.70 crore. Half-year profit was Rs 317.42 crore versus Rs 430.21 crore. Q2 gross written premium was Rs 8,029.30 crore. Auditors gave an unmodified review, but half-year operating cash flow was negative Rs 144.80 crore. The premium-recognition change cut Q2 gross premium by Rs 449.41 crore with no material profit impact. IRDAI's Rs 3.39 crore cyber-security penalty was paid in September.

Likely market impact

Lower profit and negative operating cash flow add near-term pressure. Higher premium helps, but the accounting change and IRDAI penalty remain risks.