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STARHEALTH - Fundamental Analysis: Financial Health & Valuation

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Rating: 3

Last Updated Time : 04 May 26, 11:42 am

Fundamental Rating: 3.0

Stock Code STARHEALTH Market Cap 30,929 Cr. Current Price 526 ₹ High / Low 587 ₹
Stock P/E 55.5 Book Value 163 ₹ Dividend Yield 0.00 % ROCE 8.57 %
ROE 6.70 % Face Value 10.0 ₹ DMA 50 481 ₹ DMA 200 466 ₹
Chg in FII Hold 0.99 % Chg in DII Hold -0.65 % PAT Qtr 111 Cr. PAT Prev Qtr 128 Cr.
RSI 70.1 MACD 16.6 Volume 7,71,302 Avg Vol 1Wk 23,86,248
Low price 341 ₹ High price 587 ₹ PEG Ratio -16.1 Debt to equity 0.05
52w Index 75.1 % Qtr Profit Var 21,731 % EPS 9.47 ₹ Industry PE 31.7

📊 STARHEALTH reflects weak fundamentals with low ROE (6.70%) and ROCE (8.57%), indicating inefficient capital utilization. EPS of ₹9.47 provides a modest earnings base, but profitability has declined (PAT ₹128 Cr. → ₹111 Cr. QoQ). Valuations are stretched with P/E (55.5) compared to industry average (31.7), and PEG ratio (-16.1) highlights poor growth relative to valuation. Dividend yield is absent (0.00%), limiting passive returns. Current price ₹526 is above DMA 50 (₹481) and DMA 200 (₹466), showing strong bullish momentum near its 52-week high (₹587). Entry zone is attractive near ₹470–500 for accumulation.

💡 Long-term investors may hold with a 2–4 year horizon, focusing on earnings recovery and ROE improvement. Exit strategy: partial profit booking near ₹570–580 resistance or full exit if profitability continues to weaken.

Positive

  • 📈 Low debt-to-equity ratio (0.05) ensures financial stability.
  • 💰 EPS of ₹9.47 provides earnings visibility.
  • 📊 FII holding increased (+0.99%), showing foreign investor confidence.

Limitation

  • ⚠️ Weak ROCE (8.57%) and ROE (6.70%).
  • 📉 High P/E (55.5 vs industry 31.7) indicates overvaluation.
  • 📊 Negative PEG ratio (-16.1) reflects poor growth efficiency.
  • 📉 Dividend yield of 0.00% offers no passive income.

Company Negative News

  • 📉 PAT declined from ₹128 Cr. to ₹111 Cr. QoQ.
  • 📊 DII holding decreased (-0.65%), showing reduced domestic investor confidence.

Company Positive News

  • 📈 Technicals: RSI at 70.1 and MACD positive (16.6), showing bullish momentum.
  • 📊 Strong 52-week performance (+75.1%).

Industry

  • 🏥 Industry PE at 31.7 is much lower than STARHEALTH’s 55.5, highlighting premium valuation.
  • 📈 Health insurance sector benefits from rising demand and regulatory support in India.

Conclusion

⚖️ STARHEALTH is a weak candidate for long-term investment due to low ROE/ROCE, stretched valuations, and declining profitability. Ideal entry is near ₹470–500. Long-term investors may hold cautiously for 2–4 years, but exit near ₹570–580 or on further deterioration of earnings.

This structured HTML report captures STARHEALTH’s fundamentals, valuation risks, and sector context with clear entry/exit guidance. Would you like me to extend this into a peer benchmarking overlay against ICICI Lombard, HDFC Life, and SBI Life to highlight relative positioning in the insurance sector?

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