Niva Bupa Health Insurance NIVABUPA
Standalone health insurer promoted by the UK's Bupa, gaining retail health share
Mapped in 1 theme: Hospitals & Healthcare.
Where Niva Bupa Health Insurance sits in the supply chain
Niva Bupa Health Insurance appears in 1 supply-chain layer in one theme, Hospitals & Healthcare.
Hospitals & Healthcare › Health insurers & TPAs
EnablerOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,877 | 2,853 | 4,115 | 5,374 | 6,695 |
| Net profit | −197 | 13 | 82 | 214 | 131 |
Latest-year revenue ₹6,695 Cr (FY26, company-wide).
Note: standalone figures.
Strengths
- Retail health market share crossed 11% in Q1 FY27 (company)
- Fast premium growth through bancassurance and digital
- Bupa's global health-insurance know-how
Risks
- Profitability is still young; Q2 is seasonally weak
- IFRS vs Indian GAAP profit gaps confuse comparisons
Common questions
What does Niva Bupa Health Insurance do?
Standalone health insurer promoted by the UK's Bupa, gaining retail health share.
Where does Niva Bupa Health Insurance sit in the supply chain?
Niva Bupa Health Insurance (NSE: NIVABUPA) is mapped in 1 supply-chain layer: Health insurers & TPAs (Hospitals & Healthcare).
Who are Niva Bupa Health Insurance's peers?
In the Health insurers & TPAs layer of Hospitals & Healthcare: Star Health and Allied Insurance, ICICI Lombard General Insurance, New India Assurance, Medi Assist Healthcare Services, Care Health Insurance (not NSE-listed) and Narayana Hrudayalaya (Narayana Health).
What is Niva Bupa Health Insurance's market cap and valuation?
As of 6 Nov 2026: market cap ₹14,076 Cr, P/E 40.8x, ROCE 3.1%, ROE 3.5%, dividend yield 0%.