Quarterly results
standalone · as filed with NSE · Q4 FY26 back to Q4 FY25
| ₹ crore | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 |
|---|---|---|---|---|---|
| Gross premium | 5,968 | 4,624 | 4,424 | 3,605 | 5,138 |
| Net premium | 5,599 | 4,361 | 4,233 | 3,457 | 4,820 |
| Gross premium YoY | +16.2% | – | – | – | – |
| Total income (policyholders' account) | 4,545 | 4,445 | 4,266 | 4,115 | 3,987 |
| Profit before tax | 151 | 173 | 77.7 | 352 | −0.9 |
| Tax | 39.9 | 45.2 | 22.8 | 89.5 | −1.4 |
| Net profit | 111 | 128 | 54.9 | 263 | 0.5 |
| EPS (₹) | 1.89 | 2.18 | 0.92 | 4.47 | 0.01 |
| Net profit YoY | +21729.4% | – | – | – | – |
| Solvency ratio (×) | 2.05 | 2.14 | 0.02 | 2.22 | 2.21 |
| Expenses of management | 30.4% | 34.0% | 32.6% | 32.9% | 29.9% |
| Combined ratio | 94.7% | 102.1% | 103.8% | 102.2% | 99.2% |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 |
|---|---|---|
| Gross premium | 18,622 | 16,781 |
| Net premium | 17,650 | 15,525 |
| Gross premium YoY | +11.0% | – |
| Total income (policyholders' account) | 17,371 | 15,594 |
| Profit before tax | 754 | 861 |
| Tax | 197 | 215 |
| Net profit | 557 | 646 |
| EPS (₹) | 9.47 | 11.01 |
| Net profit YoY | −13.8% | – |
| Solvency ratio (×) | 2.05 | 2.21 |
| Expenses of management | 32.3% | 31.1% |
| Combined ratio | 100.4% | 101.1% |
EPS is as filed for each period and is not restated for later bonus issues or splits.
Cash flow
annual · ₹ crore| ₹ crore | FY26 | FY25 |
|---|---|---|
| Operating cash flow | 1,873 | 1,379 |
| Investing cash flow | −1,067 | −1,151 |
| Financing cash flow | −31.5 | −4.2 |
| Capital expenditure | 0.9 | 45.7 |
| Free cash flow (CFO − capex) | 1,873 | 1,333 |
Net profit trend
annual, ₹ croreFY25
₹646
FY26
₹557−14%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q4 FY26 | Standalone · audited | 28 Apr 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 28 Jan 2026 | PDF XBRL |
| Q2 FY26 | Standalone | 28 Oct 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 29 Jul 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | 30 Apr 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 40.4×59.0×
P/B5Y avg 3.42×4.33×
ROEFY26, on average equity7.6%
Net margin3.0%
Debt / equity0.06×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹9.47
Market cap₹32,842 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
4.33×
vs 5-point avg 3.42× (+26%)
2.99× low3.42× avg4.33× high
History points are balance-sheet dates (2025 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹8,021 Cr+6%
Net worth₹7,589 Cr+8%
Total borrowings₹470 Cr+0%
Cash & bank balances₹1,444 Cr+116%
Investments₹20,012 Cr+12%
Change vs the same date a year earlier.