Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 969 | 1,026 | 1,316 | 1,124 | 1,321 | 1,258 | 1,671 | 1,932 | 1,574 | 1,611 | 2,251 | 2,471 |
| Expenses | 1,027 | 1,071 | 1,215 | 1,228 | 1,387 | 1,282 | 1,420 | 1,834 | 1,627 | 1,705 | 2,069 | 2,287 |
| Operating Profit | -58 | -46 | 100 | -103 | -66 | -24 | 251 | 98 | -53 | -94 | 182 | 184 |
| OPM % | -6% | -4.4% | 8% | -9% | -5.0% | -1.9% | 15% | 5% | -3.4% | -6% | 8% | 7% |
| Other Income | 50 | 50 | 57 | 84 | 79 | 37 | -45 | -0 | 18 | 7 | -1 | -0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -8 | 5 | 157 | -19 | 13 | 13 | 206 | 98 | -35 | -88 | 181 | 184 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 27% | 0% | 0% | 12% | 25% |
| Net Profit | -8 | 5 | 157 | -19 | 13 | 13 | 206 | 71 | -35 | -88 | 159 | 138 |
| EPS in Rs | 0.07 | 1.13 | 0.39 | -0.19 | -0.47 | 0.86 | 0.75 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 851 | 1,057 | 1,413 | 1,877 | 2,853 | 4,115 | 5,374 | 6,695 | 7,907 |
| Expenses | 880 | 1,094 | 1,435 | 2,328 | 3,183 | 4,228 | 5,292 | 6,534 | 7,689 |
| Operating Profit | -29 | -37 | -22 | -451 | -330 | -113 | 83 | 160 | 218 |
| OPM % | -3.4% | -3.5% | -1.5% | -24% | -12% | -2.7% | 1.5% | 2.4% | 2.8% |
| Other Income | 0 | 0 | 0 | 281 | 374 | 224 | 155 | 2 | 23 |
| Interest | 3 | 4 | 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 16 | 21 | 22 | 27 | 32 | 29 | 25 | 36 | 0 |
| Profit before tax | -48 | -62 | -50 | -197 | 13 | 82 | 214 | 127 | 242 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -3% | |
| Net Profit | -48 | -62 | -50 | -197 | 13 | 82 | 214 | 131 | 174 |
| EPS in Rs | 1.17 | 0.71 | 0.95 | ||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 36% | 33% | 28% | ||
| Compounded Profit Growth | % | 36% | 127% | -43% | ||
| Stock Price CAGR | % | % | % | -10% | ||
| Return on Equity | % | 3% | 5% | 3% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 981 | 1,126 | 1,350 | 1,409 | 1,511 | 1,700 | 1,827 | 1,847 |
| Reserves | -719 | -780 | -773 | -903 | -683 | 351 | 1,949 | 1,939 |
| Borrowings | 0 | 0 | 0 | 250 | 250 | 250 | 250 | 250 |
| Other Liabilities | 737 | 891 | 1,322 | 1,983 | 2,799 | 3,891 | 5,735 | 7,240 |
| Total Liabilities | 1,000 | 1,237 | 1,899 | 2,738 | 3,877 | 6,192 | 9,760 | 11,276 |
| Fixed Assets | 30 | 39 | 46 | 49 | 52 | 58 | 66 | 85 |
| CWIP | 2 | 2 | 2 | 1 | 4 | 1 | 9 | 3 |
| Investments | 816 | 1,067 | 1,622 | 2,401 | 3,366 | 5,458 | 8,175 | 9,670 |
| Other Assets | 152 | 129 | 230 | 287 | 455 | 675 | 1,510 | 1,518 |
| Total Assets | 1,000 | 1,237 | 1,899 | 2,738 | 3,877 | 6,192 | 9,760 | 11,276 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 257 | 338 | 593 | 813 | 1,654 | 905 | ||
| Cash from Investing Activity | -374 | -723 | -829 | -1,882 | -2,348 | -961 | ||
| Cash from Financing Activity | 280 | 374 | 280 | 1,110 | 771 | -5 | ||
| Net Cash Flow | 164 | -12 | 43 | 41 | 78 | -62 | ||
| Free Cash Flow | 229 | 309 | 555 | 780 | 1,614 | 857 | ||
| CFO/OP | -1,180% | -75% | -180% | -720% | 2,000% | 577% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | ||||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | -264 | -270 | -290 | -341 | -313 | -298 | -351 | -354 |
| ROCE % | -19% | -10% | -30% | 1% | 5% | 7% | 3% |
| Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| Promoters | 55.98% | 55.98% | 55.43% | 55.41% | 55.36% | 55.36% | 55.30% |
| FIIs | 8.85% | 8.90% | 10.76% | 10.72% | 10.31% | 10.60% | 12.09% |
| DIIs | 9.82% | 9.71% | 15.06% | 15.31% | 16.04% | 16.49% | 16.17% |
| Public | 25.36% | 25.42% | 18.74% | 18.57% | 18.27% | 17.56% | 16.44% |
| No. of Shareholders | 1,46,255 | 1,36,017 | 1,54,883 | 1,58,550 | 1,47,718 | 1,35,343 | 1,26,567 |
Fundamentals
Market Cap₹ 13,551 Cr.
Current Price₹ 73.3
Stock P/E77.8
Book Value₹ 20.5
ROCE3.15 %
ROE3.46 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)28%
Compounded Profit Growth (TTM)-43%
Standalone figures.
Valuation
Market capRs 12,403 Cr
Enterprise valueRs 12,510 Cr
P/E (TTM)71.18x
Price to book6.05x
Price to sales1.57x
EV / EBITDA46.17x
EV / EBIT51.79x
EV / sales1.58x
Price to cash flow15.26x
Earnings yield1.40%
Profitability
Operating margin (excl. other income)-2.74%
Operating margin (incl. other income)2.70%
EBITDA margin3.43%
Pre-tax margin3.06%
Net profit margin2.20%
Net margin, latest quarter5.58%
ROE5.69%
ROCE4.85%
ROA1.63%
ROE, 3-year average-9.58%
ROCE, 3-year average-7.76%
ROA, 3-year average-2.16%
ROE, 5-year average-11.95%
ROCE, 5-year average-10.34%
ROA, 5-year average-3.03%
ROIC (approx.)11.20%
Other income / net worth10.93%
Growth
Sales growth (latest year)44.25%
Profit growth (latest year)552.71%
Sales CAGR, 3 years42.81%
Sales CAGR, 5 years37.06%
Sales growth QoQ9.78%
Profit growth QoQ-13.53%
Sales growth YoY (latest quarter)27.93%
Profit growth YoY (latest quarter)92.89%
Per share
EPS (TTM)Rs 1.03
EPS (latest year)Rs 0.48
EPS (latest quarter)Rs 0.81
EPS, 3-year averageRs -0.28
EPS, 5-year averageRs -0.35
Book value per shareRs 12.07
Sales per shareRs 46.53
Cash flow per shareRs 4.78
Free cash flow per shareRs 5.04
Efficiency
Asset turnover0.66x
Fixed asset turnover70.59x
Cash conversion cycle0 days
Working capital days-354 days
Leverage
Total debtRs 250 Cr
Cash and bankRs 143 Cr
Net debtRs 107 Cr
Debt to equity0.12x
Net debt / EBITDA0.40x
Owners' fund to total sources33.12%
Debt to assets4.04%
Cash flow
Cash from Operating Activity (latest year)Rs 813 Cr
Cash from Investing Activity (latest year)Rs -1,882 Cr
Cash from Financing Activity (latest year)Rs 1,110 Cr
Net Cash Flow (latest year)Rs 41 Cr
Free cash flow (latest year)Rs 857 Cr
FCFE (approx.: FCF + change in debt)Rs 857 Cr
Cash from ops / profit, 5 years17.71x
Sales to cash flow5.06x
Statement figures
Net sales (TTM)Rs 7,907 Cr
Net sales (latest year)Rs 4,115 Cr
Sales (latest quarter)Rs 2,471 Cr
Operating profit excl. other income (latest year)Rs -113 Cr
Operating profit (latest quarter)Rs 184 Cr
Other income (TTM)Rs 23 Cr
EBITDA (TTM)Rs 271 Cr
PBDT (TTM)Rs 271 Cr
Profit before tax (TTM)Rs 242 Cr
Net profit (TTM)Rs 174 Cr
Net profit (latest year)Rs 82 Cr
Net profit (latest quarter)Rs 138 Cr
Depreciation (TTM)Rs 29 Cr
Cost of goods sold (latest year)Rs 3,000 Cr
Total expenditure (latest year)Rs 4,228 Cr
Total income (latest year)Rs 4,340 Cr
Share capitalRs 1,700 Cr
ReservesRs 351 Cr
Shareholders' fundsRs 2,051 Cr
Total assetsRs 6,192 Cr
Net blockRs 58 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 5,458 Cr
Other liabilitiesRs 3,891 Cr
Shares outstanding (crore)169.95
Ownership
Promoter holding55.30% (-0.13 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 6.05 is the lowest in 2.0 years (median 16.19).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | NIVABUPA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.1% | -2.8% | -1.4 pts |
| 1 month | -11.3% | -6.8% | -4.5 pts |
| 3 months | -15.7% | -7.6% | -8.1 pts |
| 6 months | +3.9% | +0.4% | +3.5 pts |
| 1 year | -9.9% | -9.9% | +0.0 pts |
47 mutual fund schemes hold about ₹1,378 Cr.
Over three months 42 bought more and 3 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Nippon India Multi Cap Fund | 0.74% | 415 | +11% |
| Axis Small Cap Fund | 0.67% | 211 | +7% |
| DSP Small Cap Fund | 0.66% | 142 | +3% |
| SBI ELSS Tax Saver Fund | 0.41% | 131 | +15% |
| Tata Balanced Adv Fund | 1.19% | 104 | +20% |
| Tata Multi Asset Allocation Fund | 1.42% | 75 | +15% |
| SBI Banking & Financial Services Fund | 0.68% | 74 | +14% |
| Tata Business Cycle Fund | 2.43% | 63 | +31% |
| DSP Flexi Cap Fund | 0.41% | 51 | +12% |
| Nippon India Innovation Fund | 0.85% | 26 | +7% |
| Nippon India Flexi Cap Fund | 0.18% | 18 | +11% |
| Bajaj Finserv Small Cap Fund | 0.66% | 17 | -5% |
| Bajaj Finserv Banking and Financial Services Fund | 2.34% | 12 | +43% |
| Axis Services Opportunities Fund | 0.67% | 10 | +24% |
| Nippon India Nifty Smallcap 250 Index Fund | 0.23% | 8 | +10% |
| SBI Nifty Smallcap 250 Index Fund | 0.23% | 4 | +10% |
| The Wealth Company Mid Cap Fund | 1.97% | 3 | +100% |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 0.23% | 3 | +10% |
| ICICI Pru Nifty Smallcap 250 Index Fund | 0.23% | 2 | +10% |
| HDFC NIFTY Smallcap 250 Index Fund | 0.23% | 2 | +10% |
| WSIF Equity Ex-Top 100 Long-Short Fund | 2.95% | 1 | +100% |
| Nippon India Nifty 500 Equal Weight Index Fund | 0.19% | 1 | +13% |
| JioBlackRock Nifty Smallcap 250 Index Fund | 0.23% | 1 | +10% |
| WSIF Equity Long-Short Fund | 2.49% | 1 | +100% |
| Motilal Oswal Nifty 500 Index Fund | 0.03% | 1 | +10% |
Red flags
F-score 6 of 8| explain | Share dilution Share count up 13% in a year, 26% in three |
| look | Profit leans on other income Other income was 274% of pre-tax profit in 2026 |
| look | Regulator order or action Regulator order or action 2026-08-20: Niva Bupa Health Insurance Company Limited has informed the Exchange about receipt of the Order from the Insurance Regulatory and Developmen |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹2,471 Cr +27.9% vs Jun 2025.
Net profit ₹138 Cr +94.4%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| ICICI Lombard General Insurance Company Ltd | 75,692 | 31.2 | 21.9 % |
| General Insurance Corporation of India | 56,185 | 6.33 | 17.4 % |
| Star Health & Allied Insurance Company Ltd | 31,674 | 37.5 | 9.69 % |
| New India Assurance Company Ltd | 27,734 | 36.0 | 4.29 % |
| Go Digit General Insurance Ltd | 23,411 | 47.5 | 13.1 % |
No bulk or block deals on record.
No corporate actions on record.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)
Quick answers
What is the market cap of Niva Bupa Health Insurance Company Ltd?
Niva Bupa Health Insurance Company Ltd (NIVABUPA) has a market capitalisation of Rs 13,551 Cr. at the 2026-10-01 close.
What is the P/E ratio of Niva Bupa Health Insurance Company Ltd?
Niva Bupa Health Insurance Company Ltd trades at a P/E of 77.8 on trailing twelve-month profit, at the 2026-10-01 close.
What were Niva Bupa Health Insurance Company Ltd's latest quarterly results?
In the Jun 2026 quarter, Niva Bupa Health Insurance Company Ltd sales was Rs 2,471 Cr (+27.9% vs Jun 2025) and net profit was Rs 138 Cr.
What is the 52-week high and low of Niva Bupa Health Insurance Company Ltd?
The 52-week high is Rs 91.40 and the 52-week low is Rs 67.50.