Get the latest update on Care Health Pre IPO

Contact Us

Care Health Insurance Limited



₹252.00

PLACE ORDER

S

Care Health Unlisted Shares Essentials

Share

Discover and get a complete analysis on Care Health Pre IPO ­ Management, Business Model, Financials, Growth, Valuations, Funding Rounds, News and get latest updates on Care Health Financial Statements.

ISIN

Face Value

Total Share

INE957N01016

₹10.00

72,79,49,069

Total Income

Profit A몭er Tax

Promoter Holding

₹322.86 Cr

₹102.23 Cr

88.95 %

EPS

P/E

P/B

₹1.22

206.56

2281.48

Market Capitalisation

Book Value

Intrinsic Value

₹18,344.32 Cr

₹0.11

₹64.41

Earnings Yield

Sector

Sub­sector

0.48 %

Financials

Insurance

Category

Cashflow ­ Operations

Cashflow ­ Financing

Upcoming IPO

₹379.21 Cr

₹337.40 Cr

Care Health Growth

Portfolio

Compounded Sales Growth 15.72%

Basket

1 Year

Compounded Profit Growth 55.72% 1 Year

Return On Equity 10.70% 1 Year

Watchlist

10.88% 2 Year

More

Pro Only

165.89% 4 Year

Pro Only

34.02% 2 Year

162.59% 4 Year

Pro Only

8.79% 3 Year

­2.90% 4 Year

About Care Health Care Health Insurance company Limited(renamed from Religare Health Insurance) was incorporated on July 2012 headquartered in Gurugram, Haryana.

It was the insurance arm of Religare Enterprise limited which is a specialized Health Insurer o몭ering health insurance services to employees of corporates, Care health Insurance is marketed by a team behind the hospital chain known as Fortis Health Care which is one of the six standalone health insurers in India.

The organization has been nominated the ‘Best Health Insurance company’ at ABP News­BFSI Awards & ‘claims service leader of the year.

In June 2020, Kedaara Capital Fund II LLP, acquired a further stake in Care Health for a total of₹567 Crores i.e. by primary capital infusion of ₹300Crores and purchasing 6.39% stake for a consideration of 267 Crores from existing shareholders. Stake increased to 72.02%.

Care Health Revenue Segmentation

 Revenue from operations

 Income From Investments

 Revenue from operations

 Other Income

and investments

Care Health Product & Services Health Insurance: Comprehensive family health insurance Diabetes Health insurance Heart disease insurance Senior Citizen insurance Arogya Sanjeevani insurance Cancer care Critical illness Mediclaim Travel insurance: International travel insurance International health and travel insurance for Students Corporate Insurance: Group Mediclaim insurance policy for employees Personal accident cover for employees with global coverage Group travel insurance for employees

Care Health Industry Overview Industry Statistics The health insurance industry in India is the fastest growing segment in the non­life insurance sector.

The market witnessed a robust double­digit growth of 24% in FY 17, with a market share of 24%, in the entire non­life insurance sector.

The health insurance industry is at an embryonic stage, with roughly 25% of the population under its coverage. There exists a huge potential for growth and penetration of health insurance to a larger population. Additionally, there are both opportunities and restraints in the marketing and distribution of health insurance products in India.

of health insurance products in India.

The launch of National Health Protection Scheme under Ayushman Bharat, in September 2018, in order to provide coverage of up to INR 500,000 (USD 7,723) to more than 100 million vulnerable families, holds heavy expectations, which increases penetration of health insurance in India, from nearly 34% to 50%.

Increasing awareness in the healthcare sector, owing to the growing healthcare costs and higher inflation in medical cost will be a potential driver in the growth of Health insurance industry.

With the advent of unforeseen pandemic (Covid­19), people are now more conscious about their health, which is influencing them to purchase medical insurance, renew their insurance or increase the sum assured of the medical insurance.

Care Health Strengths

Care Health Shortcomings

Strong brand name with diversified products

ASM to RSM of Care, which is metric of

and services and providing almost all kind of

Solvency for insurance companies has not

Health Insurance.

shown any improvement over the last 4

The company has made significance

years, currently at 155%

progress in no time and is already operating

Net incurred claims when compared to net

out of 74 o몭ices with employee strength of

written premium has been increasing each

more than 2200 people with a network of

year, currently at 59%.

7800+ hospitals providing cashless medical

Net retention ratio is below the average

services across the globe.

when compared to other medical insurance

The Revenue from all operations have

companies, currently at 31% compared to

increased at a rate of 55.16% in the last 4

industry average of 68%.

years.

Outstanding growth in operating profit, which witnessed a growth of 300% in last 4 years.

Gross written Premium has increased by more than 7 times in last 5 years.

Claim and settlement are super easy because of personal assistance and non­ involvement of third party.

Products of the company is designed by keeping only one aspect in the mind and that is Convenience of the customers.

Care Health Rating

Care Health Detail Info Industry Statistics PUBLIC LIMITED Registered In India last Updated 22/07/2020 Registered Date 16/12/1991 Planify Ticker CHIL Reg O몭ice: 1st Floor, P­14, 45/90, P­Block, Connaught Place, New Delhi – 110001 Website: http://www.Carehealthinsurance.com/

Licensed By

Team

About Us

Careers

Channel Partner Sitemap

Planify Consultancy India Pvt. Ltd

Contact Us Pre­IPO

Planify Capital Limited SEBI Registration ­ NSE:AP2815021843(CM Segment), AP2815021843(FO Segment), MCX:AP144517 Mutual Fund License No. ARN­164419 , IRDA Code: ABLIC1003123454, ABLIC1003131639

90b, Delhi - Jaipur Expy, Sector 18, Gurugram, Haryana 122008, India View larger map

Keyboard shortcuts

Map data ©2021

Terms of Use

Report a map error

Plot 23, Sector 18 Maruti, Industrial Development Area Gurugram, Haryana 122015

Privacy Policy | Cancellation & Refund | Terms & Conditions Copyright © 2021 Planify.in. All Rights Reserved Powered by Inwoin