Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and half year ended September 30, 2026

Nature of Filing / Announcement: Unaudited Financial Results under Regulation 30 and 33 of SEBI LODR

Audit Opinion:

Clean/Unmodified - The joint statutory auditors issued an unmodified conclusion on the financial results.

Key Financial Highlights [Rs. in lakhs]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations (Insurance Revenue): ₹24,122.70 lakhs (YoY growth: 27% from ₹18,990.70 lakhs in Q2 FY26)
  • Total Income: Not separately specified
  • EBITDA: Not explicitly disclosed
  • Net Profit: ₹1,356.40 lakhs (YoY: ₹605.20 lakhs in Q2 FY26)
  • EPS: Basic ₹0.73, Diluted ₹0.73 (YoY: Basic ₹0.33, Diluted ₹0.33)
  • Other Equity: ₹19,935.20 lakhs
  • Cash and Cash Equivalents: ₹903.70 lakhs
  • Debt: Total Borrowings ₹2,676.10 lakhs

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹46,859.90 lakhs (YoY: ₹36,676.80 lakhs)
  • Net Profit: ₹2,734.40 lakhs (YoY: ₹1,319.60 lakhs)
  • EPS: Basic ₹1.48, Diluted ₹1.47 (YoY: Basic ₹0.72, Diluted ₹0.71)

Analytical Ratios (Q2 FY27):

  • Insurance Service Margin: 6.80%
  • Net Insurance Margin: 11.84%
  • Claims Ratio: 63.09%
  • Expense Ratio: 30.10%
  • Combined Operating Ratio: 93.20%
  • Solvency Ratio: 2.03
  • Return on Equity: 3.53%
  • Gross Written Premium: ₹24,840.50 lakhs

Segment-wise Performance [Rs. in lakhs]:

Health Segment (Q2 FY27):

  • Segment Revenue: ₹25,737.00 lakhs
  • Segment Profit: ₹12,587.00 lakhs

Personal Accident Segment (Q2 FY27):

  • Segment Revenue: ₹323.80 lakhs
  • Segment Profit: ₹93.10 lakhs

Travel Segment (Q2 FY27):

  • Segment Revenue: ₹45.50 lakhs
  • Segment Profit: ₹4.60 lakhs

Corporate Actions:

  • During the period, the company allotted 218,793 equity shares pursuant to exercise of employee stock options
  • No dividend declared or other capital structure changes announced

Other Significant Information:

  • The company implemented Ind AS from April 1, 2026 without availing one-year forbearance
  • No subsidiaries/associates/joint ventures
  • Seasonality warning: quarterly results not indicative of full year performance
  • Total Assets: ₹121,278.30 lakhs
  • Total Liabilities: ₹82,846.70 lakhs
  • Total Equity: ₹38,431.60 lakhs