Star Health and Allied Insurance Company Limited (STARHEALTH) - Net Assets

Latest as of December 2025: Rs96.33 Billion INR ≈ $1.04 Billion USD

Based on the latest financial reports, Star Health and Allied Insurance Company Limited (STARHEALTH) has net assets worth Rs96.33 Billion INR (≈ $1.04 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs219.32 Billion ≈ $2.37 Billion USD) and total liabilities (Rs122.99 Billion ≈ $1.33 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Star Health and Allied Insurance Company to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs96.33 Billion
% of Total Assets	43.92%
Annual Growth Rate	17.72%
5-Year Change	68.67%
10-Year Change	315.85%
Growth Volatility	49.91

Star Health and Allied Insurance Company Limited - Net Assets Trend (2013–2025)

This chart illustrates how Star Health and Allied Insurance Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Star Health and Allied Insurance Company for the complete picture of this company's asset base.

Annual Net Assets for Star Health and Allied Insurance Company Limited (2013–2025)

The table below shows the annual net assets of Star Health and Allied Insurance Company Limited from 2013 to 2025. For live valuation and market cap data, see STARHEALTH stock market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs71.12 Billion ≈ $769.15 Million	+5.65%
2024-03-31	Rs67.32 Billion ≈ $728.02 Million	+2.17%
2023-03-31	Rs65.89 Billion ≈ $712.56 Million	+3.02%
2022-03-31	Rs63.96 Billion ≈ $691.70 Million	+51.69%
2021-03-31	Rs42.17 Billion ≈ $456.01 Million	+156.05%
2020-03-31	Rs16.47 Billion ≈ $178.09 Million	+18.25%
2019-03-31	Rs13.93 Billion ≈ $150.61 Million	+35.19%
2018-03-31	Rs10.30 Billion ≈ $111.41 Million	0.00%
2017-03-31	Rs10.30 Billion ≈ $111.41 Million	-39.77%
2016-03-31	Rs17.10 Billion ≈ $184.96 Million	+8.48%
2015-03-31	Rs15.77 Billion ≈ $170.51 Million	+86.15%
2014-03-31	Rs8.47 Billion ≈ $91.60 Million	-15.66%
2013-03-31	Rs10.04 Billion ≈ $108.60 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Star Health and Allied Insurance Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 359260000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs3.59 Billion	5.05%
Common Stock	Rs5.88 Billion	8.26%
Other Comprehensive Income	Rs901.10 Million	1.27%
Other Components	Rs60.75 Billion	85.42%
Total Equity	Rs71.12 Billion	100.00%

Star Health and Allied Insurance Company Limited Competitors by Market Cap

The table below lists competitors of Star Health and Allied Insurance Company Limited ranked by their market capitalization.

Company	Market Cap
ATHENS INTERNATIONAL AIRPORT S. AT:AIA	$3.35 Billion
Tongyu Communication Inc SHE:002792	$3.35 Billion
Boyd Group Services Inc. TO:BYD	$3.35 Billion
GoTo Gojek Tokopedia PT JK:GOTO	$3.35 Billion
Powell Industries Inc NASDAQ:POWL	$3.34 Billion
Boyd Group Services Inc. NYSE:BGSI	$3.34 Billion
Doximity Inc NYSE:DOCS	$3.34 Billion
Thai Oil Public Company Limited BK:TOP	$3.34 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Star Health and Allied Insurance Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 67,317,955,000 to 71,121,400,000, a change of 3,803,445,000 (5.6%).
Net income of 6,458,600,000 contributed positively to equity growth.
New share issuances of 369,300,000 increased equity.
Other comprehensive income decreased equity by 158,436,000.
Other factors decreased equity by 2,866,019,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs6.46 Billion	+9.08%
Share Issuances	Rs369.30 Million	+0.52%
Other Comprehensive Income	Rs-158.44 Million	-0.22%
Other Changes	Rs-2.87 Billion	-4.03%
Total Change	Rs-	5.65%

Book Value vs Market Value Analysis

This analysis compares Star Health and Allied Insurance Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 4.40x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 27.61x to 4.40x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-03-31	Rs19.04	Rs525.65	x
2014-03-31	Rs5.72	Rs525.65	x
2015-03-31	Rs18.79	Rs525.65	x
2016-03-31	Rs19.39	Rs525.65	x
2017-03-31	Rs24.18	Rs525.65	x
2018-03-31	Rs22.61	Rs525.65	x
2019-03-31	Rs30.16	Rs525.65	x
2020-03-31	Rs33.64	Rs525.65	x
2021-03-31	Rs84.47	Rs525.65	x
2022-03-31	Rs114.63	Rs525.65	x
2023-03-31	Rs110.88	Rs525.65	x
2024-03-31	Rs113.04	Rs525.65	x
2025-03-31	Rs119.59	Rs525.65	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Star Health and Allied Insurance Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 9.08%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.92%
• Asset Turnover: 0.79x
• Equity Multiplier: 2.92x
Recent ROE (9.08%) is above the historical average (-2.56%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	-23.47%	-23.71%	0.52x	1.89x	Rs-1.79 Billion
2014	-49.23%	-12.80%	0.85x	4.52x	Rs-1.12 Billion
2015	-21.98%	-13.10%	0.67x	2.50x	Rs-2.04 Billion
2016	19.00%	8.56%	0.92x	2.41x	Rs647.01 Million
2017	11.45%	5.86%	0.82x	2.38x	Rs149.30 Million
2018	16.52%	5.89%	0.84x	3.32x	Rs671.41 Million
2019	9.21%	3.02%	0.84x	3.62x	Rs-110.38 Million
2020	16.27%	4.82%	0.91x	3.72x	Rs1.03 Billion
2021	-25.75%	-18.80%	0.51x	2.66x	Rs-15.07 Billion
2022	-16.27%	-9.82%	0.69x	2.39x	Rs-16.80 Billion
2023	9.39%	5.11%	0.74x	2.48x	Rs-402.99 Million
2024	12.55%	5.86%	0.80x	2.68x	Rs1.72 Billion
2025	9.08%	3.92%	0.79x	2.92x	Rs-653.54 Million

Industry Comparison

This section compares Star Health and Allied Insurance Company Limited's net assets metrics with peer companies in the Insurance - Diversified industry.

Industry Context

Industry: Insurance - Diversified
Average net assets among peers: $111,195,395,000
Average return on equity (ROE) among peers: 12.44%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Star Health and Allied Insurance Company Limited (STARHEALTH)	Rs96.33 Billion	-23.47%	1.28x	$3.34 Billion
ICICI Lombard General Insurance Company Limited (ICICIGI)	$19.71 Billion	17.90%	5.46x	$9.50 Billion
The New India Assurance Company Limited (NIACL)	$202.68 Billion	6.99%	2.11x	$2.86 Billion

About Star Health and Allied Insurance Company Limited

NSE:STARHEALTH India Insurance - Diversified

Market Cap

$3.34 Billion

Rs309.29 Billion INR

Market Cap Rank

#4614 Global

#198 in India

Share Price

Rs525.65

Change (1 day)

-1.43%

52-Week Range

Rs354.95 - Rs533.25

All Time High

Rs906.85