Star Health and Allied Insurance Company Limited

NSE STARHEALTH.NS

Star Health and Allied Insurance Company Limited Interest Coverage Ratio for the year ending March 31, 2024: 15.09

Star Health and Allied Insurance Company Limited Interest Coverage Ratio is 15.09 for the year ending March 31, 2024, a 45.81% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Star Health and Allied Insurance Company Limited Interest Coverage Ratio for the year ending March 31, 2023 was 10.35, a 137.13% change year over year.
Star Health and Allied Insurance Company Limited Interest Coverage Ratio for the year ending March 31, 2022 was -27.87, a 22.32% change year over year.
Star Health and Allied Insurance Company Limited Interest Coverage Ratio for the year ending March 31, 2021 was -35.87, a -334.40% change year over year.
Star Health and Allied Insurance Company Limited Interest Coverage Ratio for the year ending March 31, 2020 was 15.30, a 103.67% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NSE: STARHEALTH.NS

Star Health and Allied Insurance Company Limited

CEO	Mr. Anand Shankar Roy
IPO Date	Dec. 10, 2021
Location	India
Headquarters	No.1, New Tank Street
Employees	15,913
Sector	Finance
Industries Insurance Drugstores & Retail Pharmacies Health Insurance & Plans Retail & Wholesale

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.

Key trends

Past 5 years