Care Health Insurance Ltd
- Unlisted share
- Insurance
- ISIN INE119J01011
At a glance
Income
FY26
₹10,031 Cr
+20.6%on FY25What the company earned in the year, before its costs.
Profit
FY26
₹12.16 Cr
−92.2%on FY25What was left after every cost and tax was paid.
Market valuecalculated
₹14,000 Cr
What the whole company would be worth at GrowFast's indicative price.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Care Health Insurance Ltd
- ISIN
- INE119J01011
- Sector
- Insurance
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹140.58
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Care Health Insurance Ltd
Care Health Insurance is a standalone health insurer that sells health, personal accident and travel cover to individuals, employer groups and government schemes through agents, banks, brokers and online channels. It is a subsidiary of Religare Enterprises Limited, which holds roughly 63% of the shares; the insurer has been writing business since its IRDAI registration in 2012.
Written from: cms.careinsurance.com, indiaratings.co.in
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Insurance
- ISIN
- INE119J01011
- Year of incorporation
- 2007
- Holding company
- Religare Enterprises Limited (holding company; 62,94,07,920 of 99,58,72,003 equity shares held with its nominees)
- Key people
- MD & CEO: Anuj Gulati; CFO: Ambrish Jindal; Chief Business Officer: Ajay Shah; COO: Manish Dodeja
- Employees (on-roll 11,751 plus off-roll 1,750)
- 13,501 people
- Face value per share
- ₹10
- Equity shares issued and subscribed
- 99,58,72,003 shares
- CIN
- U66000DL2007PLC161503
- Official website
- careinsurance.com
Read from: Care Health Insurance public disclosures (IRDAI NL forms) for the year ended 31 March 2026, unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to earnings (P/E)calculated
1,171.5×
At this price you pay ₹1,171.5 for every ₹1 of profit the company made in the year.
Price to book (P/B)calculated
5.25×
At this price you pay ₹5.25 for every ₹1 of net worth on the company's books.
- Indicative price
- ₹140.58
- Market valuecalculated
- ₹14,000 Cr
- price × shares
- No. of shares
- 99,58,72,003
- EPS
- ₹0.12
- Book value per share
- ₹26.77
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Care Health Insurance Limited. As published in the company's audited reports. GrowFast has not audited them.
Income, year by year
₹ crore. The darkest bar is the latest year.
FY23 to FY26: ₹5,142 Cr to ₹10,031 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY23 to FY26: ₹246 Cr to ₹12.16 Cr.
| Particulars | FY23 | FY24 | FY25 | FY26Latest |
|---|---|---|---|---|
| Gross direct premium | 5,141.52 | 6,864.46 | 8,318.25 | 10,031.3▲21% |
| Profit before tax | 327.96 | 410.07 | 208.2 | 17.81▼91% |
| Profit after tax | 245.84 | 304.9 | 155.18 | 12.16▼92% |
| Earnings per share (₹) | 2.65 | 3.18 | 1.6 | 0.12▼93% |
| Available to required solvency margin ratio (times) | 1.82 | 1.74 | 1.68 | 1.68 |
| Combined ratio (times) | 0.92 | 0.95 | 1.03 | 1.07▲4% |
| Net earned premium | 3,932.04 | 5,328.67 | 6,347.22 | 7,255.94▲14% |
Rupees crore unless marked, standalone. The change shown is the latest year against the year before. Read from: Care Health Insurance public disclosures (IRDAI NL forms) for FY2023-24, Care Health Insurance public disclosures (IRDAI NL forms) for the year ended 31 March 2026.
Credit rating. IND A+/Stable — India Ratings and Research, issuer rating and proposed subordinated debt (₹150 crore), affirmed 22 July 2025 (22 July 2025) India Ratings press release, 22 July 2025
Ownership
Shareholding pattern
Who owns the company
73.7%Promoters - Indian
- Largest holder
- 73.7%
- Top 3 together
- 100.0%
- Holders named
- 3
- Promoters - Indian73.70%
- Others15.70%
- Promoters - Foreign10.60%
- Total100.00%
Leadership
Management
Anuj Gulati
Managing Director & CEO
Ambrish Jindal
Chief Financial Officer
Ajay Shah
Chief Business Officer
Manish Dodeja
Chief Operating Officer
Bhawana Jain
Chief Risk Officer
Kolla Suresh
Chief Technology & Services Officer
Nitin Katyal
Chief Investment Officer
Yogesh Kumar
Company Secretary
Corporate calendar
Events
- 22 Jul 2025RatingIndia Ratings affirmed the issuer rating and proposed subordinated debt at IND A+/StableOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Care Health Insurance Ltd on WhatsAppIs the price shown for Care Health Insurance Ltd final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Care Health Insurance Ltd shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Care Health Insurance Ltd shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Care Health Insurance Ltd. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.