Star Health and Allied Insurance Company Limited chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 190.15
Dividend & YieldN/A₹ (N/A)
Beta N/A
Market capitalization 386.64B
Operating cash flow 555.6M
ESG Scores unknown

Company description

Star Health and Allied Insurance Company Limited provides health insurance products. It offers retail health products to various customer segments, including individuals, families, students, and senior citizens, as well as persons with pre-existing medical conditions across the middle-market customer segment; and group health insurance policies provide to employees of corporates, including SMEs through company health insurance plans. The company also provides personal accident and travel insurance. It distributes its products through individual agents, brokers, corporate agent banks, other corporate agents, and online channel partners comprising web aggregators, as well as directly to customers. As of September 30, 2021, the company had 779 health insurance branches across 25 states and 5 union territories in India. Star Health and Allied Insurance Company Limited was incorporated in 2005 and is based in Chennai, India.

Sector: Financial Services - Industry: Insurance—Diversified

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities
Total Cashflows From Investing Activities -7.31B -10.06B -24.18B -37.86B
Net Borrowings 4.7B 4.7B 4.7B 4.7B
Total Cash From Financing Activities 3.33B 1.22B 26.13B 25.09B
Change To Operating Activities
Issuance Of Stock 3.5B 1.47B 26.39B 20.95B
Net Income 1.28B 2.68B -8.26B -10.41B
Change In Cash 3.79B -2.37B 10.86B -12.21B
Effect Of Exchange Rate
Total Cash From Operating Activities 7.76B 6.47B 8.9B 555.6M
Depreciation 151.37M 141.78M 147.29M
Change To Account Receivables
Other Cashflows From Financing Activities -165.58M -256M -256M -557.5M
Change To Netincome 6.2B 3.5B 16.7B 10.96B
Capital Expenditures -385.45M -337.24M -460.86M -631.3M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 1.82B 4.13B -10.46B -13.97B
Net Income 1.28B 2.68B -8.26B -10.41B
Selling General Administrative 9.69B 10.83B 14.54B 16.11B
Gross Profit 11.84B 15.26B 4.74B 5.78B
Ebit 2.13B 4.42B -10.14B -13.97B
Operating Income 2.13B 4.42B -10.14B -13.97B
Interest Expense -279.76M -283.97M -283.66M
Income Tax Expense 540.21M 1.45B -2.2B -3.56B
Total Revenue 37.65B 49.77B 54.47B 106.1B
Cost Of Revenue 25.81B 34.51B 49.73B 100.32B
Total Other Income ExpenseNet -307.78M -283.26M -316.61M 300k
Net Income From Continuing Ops 1.28B 2.68B -8.26B -10.41B
Net Income Applicable To Common Shares 1.28B 2.68B -8.26B -10.41B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 36.44B 44.8B 70.09B 88.83B
Total Stockholder Equity 13.93B 16.47B 42.17B 63.96B
Other Current Liabilities 733.55M 842.36M 1.31B 19.61B
Total Assets 50.37B 61.27B 112.26B 152.79B
Common Stock 4.56B 4.91B 5.48B 5.76B
Other Current Assets 6.23B 7.21B 10.88B 6.83B
Retained Earnings 1.01B
Treasury Stock 3.62B 180.88M 77M 58.2B
Cash 8.93B 6.11B 18.79B 5.64B
Total Current Liabilities 33.94B 42.3B 67.59B 19.61B
Other Stockholder Equity 3.62B 180.88M 77M 58.2B
Property, Plant, and Equipment 598.89M 647.41M 702.49M 1.17B
Total Current Assets 16.12B 20.43B 36.74B 12.46B
Net Tangible Assets 13.54B 16.1B 41.88B 63.96B
Net Receivables 770.85M 2.48B 1.62B
Accounts Payable 30.2B 38.03B 63.11B


Insider Transactions

Here are the insider transactions of stock shares related to Star Health and Allied Insurance Company Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Roy (Shankar Anand)Sale at price 8.06 per share.D2022-03-08Director (Executive)355k
Roy (Shankar Anand)Sale at price 7.94 per share.D2022-03-08Director (Executive)355k
Kambli (Nilesh)Sale at price 10.58 per share.D2021-12-31Chief Financial Officer5k
Prakash (S)Sale at price 10.67 per share.D2021-12-30Managing Director14.01k
Prakash (S)Sale at price 10.67 per share.D2021-12-29Managing Director25.68k
Prakash (S)Sale at price 10.67 per share.D2021-12-28Managing Director4.96k
Prakash (S)I2021-12-28Managing Director
Prakash (S)Sale at price 10.64 per share.D2021-12-27Managing Director38.09k
Prakash (S)Sale at price 10.70 per share.D2021-12-24Managing Director51.75k
Kambli (Nilesh)Sale at price 10.63 per share.D2021-12-23Chief Financial Officer62.2k
Prakash (S)I2021-12-22Managing Director
Kambli (Nilesh)Other at price 11.64 per share.D2021-12-22Chief Financial Officer61.2k
Kambli (Nilesh)Sale at price 11.10 per share.D2021-12-22Chief Financial Officer61.2k
Prakash (S)Sale at price 10.61 per share.D2021-12-22Managing Director194.96k
Prakash (S)I2021-12-22Managing Director
Sethuraman (Jayashree)Sale at price 12.26 per share.D2021-12-10Company Secretary2k
Kambli (Nilesh)Other at price 11.62 per share.D2021-12-09Chief Financial Officer2.21k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Star Health and Allied Insurance Company Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Star Health and Allied Insurance Company Limited

Here is the result of two systematic investment strategies applied to Star Health and Allied Insurance Company Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Star Health and Allied Insurance Company Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Star Health and Allied Insurance Company Limited:

Star Health and Allied Insurance Company Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 4.19% on the backtest period.

Performance at glance

Performance

4.19 %

Latent gain

27.35 ₹

Invested capital

652.05 ₹

Annualized return

11.64 %
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Momentum strategy results on Star Health and Allied Insurance Company Limited

This is the result of two momentum investment strategies applied to Star Health and Allied Insurance Company Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Star Health and Allied Insurance Company Limited

The following chart shows all the entries opened by the momentum investment system on Star Health and Allied Insurance Company Limited:

Star Health and Allied Insurance Company Limited momentum entries
  • The first momentum investment strategy would give -3.05% of return on Star Health and Allied Insurance Company Limited. That represents -42.8₹ of latent gain with 1401.6₹ of employed capital.
  • The second momentum investment strategy would give 0% of return on Star Health and Allied Insurance Company Limited. That represents 0.0₹ of latent gain with 0.0₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

-3.05 %

Latent gain

-42.8 ₹

Invested capital

1401.6 ₹

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

-0.0 %

Momentum equity curve on Star Health and Allied Insurance Company Limited

The following chart shows the equity curve of the two momentum strategies applied to Star Health and Allied Insurance Company Limited:

Star Health and Allied Insurance Company Limited momentum equity

Note: the dividends potentially given by Star Health and Allied Insurance Company Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Star Health and Allied Insurance Company Limited

The following chart shows the employed capital evolution of the two momentum strategies on Star Health and Allied Insurance Company Limited since the beginning:

Star Health and Allied Insurance Company Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on Star Health and Allied Insurance Company Limited

Buy the dip entry openings on Star Health and Allied Insurance Company Limited

Star Health and Allied Insurance Company Limited

The performance achieved by the robo-advisor on Star Health and Allied Insurance Company Limited is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows Star Health and Allied Insurance Company Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Star Health and Allied Insurance Company Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

-0.0 %

Equity curve of the strategy applied to Star Health and Allied Insurance Company Limited

The following chart shows the result of the investment strategy applied to Star Health and Allied Insurance Company Limited:

Star Health and Allied Insurance Company Limited

Note: the dividends potentially given by Star Health and Allied Insurance Company Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Star Health and Allied Insurance Company Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Star Health and Allied Insurance Company Limited:

Star Health and Allied Insurance Company Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Star Health and Allied Insurance Company Limited

In this section, I will compare the three previous investment strategies applied to Star Health and Allied Insurance Company Limited.

Equity curve comparison on Star Health and Allied Insurance Company Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Star Health and Allied Insurance Company Limited investment strategy comparison

Employed capital comparison on Star Health and Allied Insurance Company Limited

Star Health and Allied Insurance Company Limited investment comparison

Performance comparison on Star Health and Allied Insurance Company Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 4.19% 27.35₹ 652.05₹ 11.64%
Momentum 1 quarter -3.05% -42.8₹ 1401.6₹ -25.42%
Momentum 2 quarters 0% 0.0₹ 0.0₹ -0.0%
Non-directional 0% 0.0₹ 0.0₹ -0.0%
Annualized return comparison

Automatic investment

11.64 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Star Health and Allied Insurance Company Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Star Health and Allied Insurance Company Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Star Health and Allied Insurance Company Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Star Health and Allied Insurance Company Limited
Country India
City Chennai
Address No.1, New Tank Street
Phone 91 44 2828 8800
Website www.starhealth.in
FullTime employees
Industry Insurance—Diversified
Sector Financial Services
Exchange XNSE
Ticker STARHEALTH.XNSE
Market

Star Health and Allied Insurance Company Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown