Star Health Q4 & FY26 Investor Presentation – PAT up 16%, CoR improves

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

STARHEALTH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+1.9%1-day move

₹516.35

prior close

₹543.25

base price

After-mkt

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AI summary

Star Health filed Q4 & FY26 investor presentation ahead of the April 29 earnings call. FY26 PAT grew 16% YoY to ₹911 Cr; normalised PAT up 45% to ₹1,222 Cr. GWP rose 16% to ₹20,369 Cr. Combined Ratio improved to 98.8% from 101.1%; underwriting turned profitable at ₹206 Cr vs prior loss. ROE 10.0%, normalised ROE 13.1%. Q4 swung to ₹271 Cr profit from ₹55 Cr loss. Agency force at 8.3 lakh; 92% claim settlement ratio.

Likely market impact

Positive: PAT up 16%, combined ratio improved to 98.8%, underwriting turned profitable. Underlying business momentum strong.