amit@unlistedkraft.in
+91-9599071664
+91-9599071664
- Experienced senior management: A team of seasoned professionals in insurance, risk, actuarial, and finance leads the company. Their extensive experience, combined with the strategic guidance of the board and promoters, greatly benefits the company.
- Enhancing competitive standing in industry: The company's gross direct premium grew by 52% in fiscal 2022 to Rs 3,881 crore and sustained a 38% increase in the first nine months of 2023.
- Strong risk management and high-quality investments: Care Health's robust risk management framework addresses various risks, including insurance, strategic, operational, investment, and cyber security.
Care Health Insurance Ltd (Religare)
DRHP Status : Not Filed
168
Current Price
168
Market Cap
17,619.71 Cr
ISIN
INE119J01011
Face Value
10
P/E Ratio
58.81
EPS
3.18
P/B Ratio
2.61
Book Value
71.7
Debt to Equity Ratio
0.00
P&L Statement
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| GWP | 2559 | 3880 | 5141 | 6864 |
| NEP | 1980 | 3088 | 4590 | 6047 |
| Premium Earned | 1729 | 2510 | 3932 | 5329 |
| P&L on Sale of Investment | 1.9 | 3.6 | 7 | 13 |
| Interest, Dividend and Rent | 103 | 446 | 172 | 255 |
| Others Revenue | 242 | 2 | 414 | 81 |
| Total Revenue | 2075.9 | 2961.6 | 4525 | 5678 |
| Claims Incurred | 953 | 1633 | 2116 | 3074 |
| Commission | 26 | 110 | 442 | 1070 |
| Operating Expenses | 721 | 1070 | 1322 | 1178 |
| Others Revenue Account | 111 | -135 | 0 | 0 |
| Operating Profit | 264.9 | 283.6 | 645 | 356 |
| Income from Investment | 59 | 59 | 105 | 143 |
| Other Income | 0.8 | 0 | 0 | 0 |
| Other Expenses | 247 | 325 | 420 | 89 |
| PBT (%) | 75 | 15 | 327 | 410 |
| Tax | -26 | 4 | 82 | 105 |
| PAT | 101 | 11 | 245 | 305 |
| EPS | 1.2 | 0.12 | 2.6 | 3.14 |
| Financial Ratios | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Combined Ratio | 98.32 | 112.07 | 98.68 | 99.87 |
| Net-Loss Ratio | 0.55 | 0.65 | 0.54 | 0.58 |
| Mcap / GWP | 6.08 | 4.33 | 3.3 | 2.97 |
Balance Sheet
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 48 | 94 | 56 | 42 |
| Cash and Balances | 45 | 78 | 99 | 96 |
| Investment - Shareholder | 909 | 1105 | 1921 | 2130 |
| Investment- Policyholder | 1725 | 2460 | 3155 | 4502 |
| Advances & Other Assets | 282 | 250 | 283 | 342 |
| Total Assets | 3009 | 3987 | 5514 | 7112 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 841 | 908.5 | 942 | 972 |
| FV | 10 | 10 | 10 | 10 |
| Reserves and Surplus | 291 | 380 | 806 | 1198 |
| Current Liabilities | 791 | 1161 | 1559 | 2002 |
| Provisions | 1088 | 1529 | 2213 | 2913 |
| Other Liabilities | -1.7 | 0 | -6 | 27 |
| Total Liabilities | 3009.3 | 3978.5 | 5514 | 7112 |
| Name | Holding |
|---|---|
| Religare Enterprises Limited | 62.98% |
| Trishikhar Ventures LLP | 15.86% |
| Union Bank Of India | 5.29% |
| Public | 15.86% |
Care Health Insurance is a specialised health insurer offering products in the retail segment for Health Insurance, Top-up Coverage, Personal Accident, Maternity, International Travel Insurance and Critical Illness, along with Group Health Insurance and Group Personal Accident Insurance for Corporates, Micro Insurance Products for the Rural Market and a Comprehensive Set of Wellness Services.
With its operating philosophy being based on the principal tenet of ‘consumer-centricity’, the company has consistently invested in the effective application of technology to deliver excellence in customer servicing, product innovation and value-for-money services.
Apart from numerous awards since inception, more recently Care Health Insurance was conferred the following awards:
- ‘Overall Achievement Award’ (SAHI category) at the ASSOCHAM 16th Global Insurance Summit & Awards;
- ‘Smart Insurer’ and ‘Sales Champion’ awards in Health Insurance category at the 11th ET Now Insurance Summit & Awards 2024;
- ‘Claims Service Leader for the Year’ & ‘Best Health Insurance Company in Rural Sector’ awards at the India Insurance Summit & Awards 2024
- ‘Best Health Insurance Plan – Care Plus’ at the Global Financial Planner’s Summit 2024.
Click here to visit the official website of Care Health Insurance Ltd (Religare).
FAQs
Care Health Insurance Ltd. (formerly Religare Health Insurance) unlisted shares are equity shares of the company that are not yet traded on NSE or BSE. These shares are available for private investment through trusted platforms like UnlistedKraft.
Yes, UnlistedKraft allows you to invest in Care Health Insurance Ltd. unlisted shares seamlessly. Just complete your KYC, place your order, and receive the shares directly in your demat account.
While unlisted shares carry a few risks like lower liquidity, Care Health Insurance Ltd. is a well-established and fast-growing player in the health insurance space. UnlistedKraft ensures all transweractions are secure and verified for investor confidence.
The price is decided based on recent funding rounds, internal company valuations, and supply-demand factors. UnlistedKraft tracks these metrics closely to offer competitive and transwerparent pricing.
Yes, a valid demat account is required to receive and hold unlisted shares, including those of Care Health Insurance Ltd.
There is no compulsory holding period unless the company goes public. However, most investors hold these shares for long-term gains or until the IPO for maximum returns.
Yes, UnlistedKraft provides a resale option where you can sell your shares before the IPO, subject to market demand and availability of buyers.
Yes, SEBI mandates a six-month lock-in period for pre-IPO investors once the company is listed on a public stock exchange.
If held for more than two years, gains are treated as long-term capital gains and taxed at 20 percent with indexation. If sold earlier, gains are taxed as per your income tax slab.
+91-9599071664
amit@unlistedkraft.in