Factuary

Star Health Insurance Debt To Equity Ratio

0.06×
Q1 FY26-27
Lower is better

Star Health and Allied Insurance's debt to equity ratio was 0.06× for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.

What this measures

Total borrowings (debt) as a multiple of Net Worth (equity). Measures financial leverage. A higher ratio means the insurer has taken on more debt relative to its capital base, increasing financial risk. Most well-capitalised insurers carry low D/E ratios.

Note: NL-20 analytical ratios. A ratio of 0 means no borrowings. Insurance regulation limits leverage, so high D/E is uncommon for licensed Indian insurers.

Historical Data

PeriodValueSource formData as of
Q1 FY26-270.06 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY25-260.06 ×NL-20-ANALYTICAL-RATIOS2026-10-31
Q3 FY25-260.06 ×NL-20-ANALYTICAL-RATIOS2026-10-28
Q2 FY25-260.06 ×NL-20-ANALYTICAL-RATIOS2026-10-28
Q1 FY25-260.06 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY24-250.07 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY24-250.07 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY24-250.07 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY24-250.07 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY23-240.07 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY23-240.08 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY23-240.08 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY23-240.08 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY22-230.09 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY22-230.09 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY22-230.11 ×NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY22-230.15 ×NL-20-ANALYTICAL-RATIOS2026-10-26

Provenance

Reported by
Star Health Insurance
Regulatory form
NL-20-ANALYTICAL-RATIOS · what this form contains
Reporting period
Q1 FY26-27
Source document
2026-2027_Q1_PD_FY_27_Q1_V2_6aad7ae1f8.pdf · Star Health Insurance's disclosure page
Extracted by
irw_adapter v1
Last verified
2026-10-26
Note
NL-20 row-format label match: debt_equity_ratio
← All metrics for Star Health Insurancedebt to equity ratio across all insurers →Source documents