| Revenue growth | 27.4% overall GWP growth; 35% retail growth in FY26. |
|---|---|
| Margins | Combined ratio improved 160bps to 101.4%. |
| Demand visibility | Strong retail health momentum post-GST reform. |
| Management confidence | High; citing multichannel strength and digital inflection. |
Growth
FY26 GWP grew 27.4% to ₹9,433cr; retail health grew 35%. PAT increased 80% YoY to ₹366cr.
Outlook
Targets 17-19% retail CAGR over 5 years. Aims for 99% combined ratio and high-teen ROE by FY29.
Risks
Potential changes in commission regulations; slight increase in loss ratio due to business mix changes.
Earnings Call filed with NSE, NSE: NIVABUPA. Summary written with AI assistance from the document.
Niva Bupa Health Insurance Company Ltd: key numbers
- Share price
- ₹77.08
- Market cap
- ₹14,257 Cr
- Revenue (annual)
- ₹6,695 Cr
- Net profit (annual)
- ₹130.8 Cr
- P/E (TTM)
- 39.6×Sector 21.9×
- Promoter holding
- 55.30%-0.06% QoQ
- FII holding
- 12.09%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Niva Bupa Health Insurance Company Ltd
All →Niva Bupa Health Insurance Company Credit Rating
Niva Bupa Health Insurance received credit ratings from AM Best, including a Financial Strength Rating of A- and Long-Term Issuer Credit Rating of a-.
Niva Bupa Health Insurance Company Management Change
Niva Bupa Health Insurance announced that Mr. Vikas Jain transitioned to Chief Transformation Officer, while Mr. Karan Bhatia was appointed as the new Chief Investment Officer.
Niva Bupa Health Insurance Company Other Announcement
Niva Bupa received an ESG rating of '67 Leader' for FY24-25 and FY25-26 from Niche99. The rating was assigned independently by the SEBI-registered provider without company engagement.
Niva Bupa Health Insurance Company Employee Stock Options
Niva Bupa Health Insurance allotted 4,11,000 equity shares to employees under its ESOP schemes, increasing the company's total paid-up share capital.
Niva Bupa Health Insurance Company Credit Rating
Niva Bupa Health Insurance received credit rating actions from ICRA, reaffirming its Issuer Rating and assigning a rating to its proposed ₹500 crore subordinated debt issue.
- Value
- ₹500.0 Cr
Niva Bupa Health Insurance Company Legal & Regulatory
IRDAI warned Niva Bupa for non-compliance with Expense of Management limits. The regulator prohibited the company from opening new business locations for six months.
- Execution
- 6 months