Latest news with #NivaBupaHealthInsuranceCompany
Business Standard
3 days ago
- Business
- Business Standard
Niva Bupa Health slumps after block deal
Niva Bupa Health Insurance Company dropped 9.41% to Rs 83.60 after heavy block deal activity early today, 2 June 2025. While the buyers and sellers remain unnamed, media reports suggest that Fettle Tone LLP and managing director and chief executive officer Krishnan Ramachandran were to sell 13.2 crore shares or 7.2% of equity in Niva Bupa Health Insurance Company through block deals. The expected block size for the transaction was around Rs 1,082 crore. Trading volumes surged with BSE seeing 23.39 crore shares change hands, compared to the 3-month average of just 3.04 lakh shares. NSE volumes surged to 14.39 crore shares, sharply above the 3-month average of 45.93 lakh. As of March 2025, promoters held a 55.98% stake in Niva Bupa Health Insurance Company. Fettle Tone LLP, an investment vehicle of True North, held 17.47% stake. Niva Bupa Health Insurance Company is a leading standalone health insurers in India. As of 31 March 2025, Niva Bupa has over 212 physical branches across India. It additionally offers health insurance through its ecosystem partners including 1.8+ lakh agents, 540 brokers, and over 100 banca & other corporate agency partners. The company's standalone net profit rose 31.21% to Rs 206.08 crore while total income rose 18.51% to Rs 1,626.21 crore in Q4 FY25 over Q4 FY24.
&w=3840&q=100)
Business Standard
3 days ago
- Business
- Business Standard
Niva Bupa share price drops 11% in trade on Monday, June 2; here's why
Niva Bupa share price fell on the back of a huge block deal. As soon as the market opened, 198.30 million or 10.85 per cent of total equity of Niva Bupa at ₹82.4 worth ₹1,634 cr changed hands on BSE SI Reporter New Delhi Niva Bupa share price: Health insurance company Niva Bupa share price was under pressure on the first trading day of June i.e. Monday, June 2, 2025, with the stock dropping up to 11.14 per cent to an intraday low of ₹82 per share. At 9:54 AM, Niva Bupa share price was trading 9.73 per cent lower at ₹83.30. In comparison, BSE Sesex was trading 0.75 per cent lower at 80,840.11 levels. Why did Niva Bupa shares drop in trade today? Niva Bupa share price fell on the back of a huge block deal. As soon as the market opened, 198.30 million or 10.85 per cent of total equity of Niva Bupa at ₹82.4 worth about ₹1,634 crore changed hands on BSE. By 10:01 AM, 232.73 million shares worth ₹1,919.84 crore had changed hands on BSE. According to reports, Fettle Tone and Krishnan Ramchandra were likely to offload a 7.2 per cent stake in Niva Bupa Health Insurance Company Ltd. Niva Bupa Q4 results Niva Bupa Health Insurance Company's consolidated profit after tax (PAT) rose 31 per cent year-on-year (Y-o-Y) to ₹206 crore in Q4FY25, from ₹157 crore in the same period last year (Q4FY24). Gross premiums written rose 18 per cent to ₹2,078.65 crore, compared to ₹1,759 crore in Q4FY24. Net premium income for the quarter stood at ₹1,672.11 crore, up from ₹1,152.43 crore a year earlier. Net income from investments came in at ₹93.78 crore during the quarter, compared to ₹67.91 crore in the year-ago period. The company's solvency ratio improved to 3.03 in FY25 from 2.55 in FY24, indicating strong financial health and an enhanced ability to meet long-term obligations. About Niva Bupa Niva Bupa Health Insurance Company is one of India's leading standalone health insurers, formed as a joint venture between Bupa, a global leader in healthcare services, and Fettle Tone LLP, an affiliate of True North Fund VI LLP, a prominent Indian private equity firm. The company is dedicated exclusively to health insurance, offering a diverse portfolio of plans tailored for individuals, families, and senior citizens. With a focus on delivering accessible and high-quality healthcare, Niva Bupa combines global expertise with a deep understanding of the Indian market. The company provides a comprehensive suite of services including hospitalisation cover, day-care treatments, outpatient care, and maternity and senior citizen plans. It boasts a robust network of over 8,700 hospitals for cashless claims and offers added conveniences like unlimited teleconsultation and 24/7 digital support through its health app and Insta Assist platform. With a widespread distribution network across 350 cities and partnerships with over 35,000 bank branches, Niva Bupa continues to strengthen its presence in the health insurance sector while prioritising customer-centric service and innovation.
News18
3 days ago
- Business
- News18
Niva Bupa Shares In Focus as Promoters Plan 7.2% Stake Sale Via Block Deals On Monday
Last Updated: June 02, 2025, 06:45 IST Niva Bupa Share Price: Shares of Niva Bupa Health Insurance Company Ltd. are in focus on Monday as Fettle Tone and Krishnan Ramchandra are expected to offload stakes via block deals on June 02. Niva Bupa shares in focus on Monday ahead of expected block deal. According to CNBC-TV18 report, Fettle Tone and Krishnan Ramchandra may sell 7.2% stake in the company through block deals at the offer price of Rs 82 per share, reflecting a discount of 11 per cent from the share's LTP. The total size of block deals may be as high as Rs 1,082 crore. Based on the March quarter shareholding pattern, promoters held a 55.98% stake in Niva Buba. Niva Bupa Q4 Results Niva Bupa Health Insurance Company reported a 31.2% year-on-year (YoY) jump in net profit at Rs 206 crore for the fourth quarter that ended March 31, 2025, compared to Rs 157 crore in Q4FY24. The insurer reported an 18.2% YoY rise in gross premiums written for the fourth quarter of FY25, reaching Rs 2,078.7 crore compared to Rs 1,759.4 crore in the same period last year. Net premium written increased by 21% YoY to Rs 1,672 crore from Rs 1,381.9 crore. However, underwriting profit declined 12.2% to Rs 57.6 crore from Rs 65.6 crore, while operating profit dropped sharply by 43.1% to Rs 94.9 crore from Rs 166.8 crore a year ago. The company's solvency ratio remained steady at 3.03% on a sequential basis. Earlier this year in February, Krishnan Ramachandran, MD and CEO of Niva Bupa Health Insurance Company, shared the company's target to grow 8-10% faster than the market over the next five years. He anticipates the sector will expand at a 15% compounded annual growth rate (CAGR). Ramachandran highlighted the extensive growth potential of the industry, emphasizing the need for continuous investment. 'This is a capital-intensive business. Therefore, it's about determining the sustained level of investments required to capitalize on this opportunity," he elaborated. View All Home Minister Amit Shah Assures Support to Northeastern States Amidst Devastating Floods | News18 Pakistan General's remarks on IWT; Spooked Pak Calls Abeyance Of IWT Act | India Pakistan News kashmir News | World Bicycle Day: Run For Unity Against Terrorism In Jammu Kashmir | News18 Covid-19 in India: Cases surge to 3,395; 4 deaths reported in 24 hours Terrorist Zakiur Rehman Lakhvi became father sitting in Paks jail, Owaisi shares shocking story View all Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Business Standard
08-05-2025
- Business
- Business Standard
Why Niva Bupa Health Insurance Company shares spiked 15% in trade today?
Niva Bupa share: Shares of Niva Bupa Health Insurance Company zoomed 15 per cent in trade, logging an intraday high at ₹93.33 per share on BSE. The stock gained after the company posted its Q4 results. At 10:25 AM, Niva Bupa shares were trading 14.14 per cent higher at ₹92.53 per share on the BSE. In comparison, the BSE Sensex was up 0.01 per cent at 80,756.05. The market capitalisation of the company stood at ₹16,905.48 crore. The stock touched its highest level on December 5, 2024, at ₹109.41 per share. The 52-week high of the stock was at ₹109.41 per share and the 52-week low of the stock was at ₹61.01 per share. Niva Bupa shares made a debut on D-Street on November 14, 2024. On the BSE, Niva Bupa Health Insurance shares listed at ₹78.5, reflecting a premium of ₹4.50 or 6.08 per cent from its IPO allotment price of Rs 74. Similarly, on the National Stock Exchange (NSE), Niva Bupa shares listed at ₹78.14, up ₹4.14 or 5.59 per cent from its IPO allotment price. Niva Bupa Q4 results The general insurance company reported its Q4FY25 numbers on Wednesday after market hours. In Q4, the company registered a 31 per cent rise in a consolidated profit after tax (PAT) to ₹206 crore as compared to ₹157 crore a year ago. The gross premiums written increased 18 per cent to ₹2,078.65 crore as compared to ₹1,759 crore a year ago. The company earned a net premium of ₹1672.11 crore in Q4FY25 as compared to ₹1152.43 crore a year ago. The company's net income from investments stood at ₹93.78 crore for the quarter under review as compared to ₹67.91 crore a year ago. Niva Bupa's solvency ratio strengthened to 3.03 in FY25 from 2.55 in FY24, demonstrating sound financial stability and ability to meet long-term obligations. About Niva Bupa Niva Bupa Health Insurance Company is a general insurance company with an aim to give every Indian the confidence to access the best healthcare. As of March 31, 2025, Niva Bupa has over 212 physical branches across India.
Business Standard
08-05-2025
- Business
- Business Standard
Niva Bupa Health Insurance Company standalone net profit rises 31.21% in the March 2025 quarter
Sales rise 25.40% to Rs 1527.42 crore Net profit of Niva Bupa Health Insurance Company rose 31.21% to Rs 206.08 crore in the quarter ended March 2025 as against Rs 157.06 crore during the previous quarter ended March 2024. Sales rose 25.40% to Rs 1527.42 crore in the quarter ended March 2025 as against Rs 1218.05 crore during the previous quarter ended March 2024. For the full year,net profit rose 160.87% to Rs 213.52 crore in the year ended March 2025 as against Rs 81.85 crore during the previous year ended March 2024. Sales rose 28.42% to Rs 4894.46 crore in the year ended March 2025 as against Rs 3811.25 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1527.421218.05 25 4894.463811.25 28 OPM % 16.418.25 - 1.19-3.65 - PBDT 206.08157.06 31 213.5281.85 161 PBT 206.08157.06 31 213.5281.85 161 NP 206.08157.06 31 213.5281.85 161
