PB Fintech Limited reported a strong financial performance for FY26, with profit after tax (PAT) growing 115% YoY to ₹670 crore. Total insurance premium reached ₹29,934 crore, driven by a 42% YoY growth, while operating revenue increased by 37% to ₹6,794 crore. The company saw significant acceleration in its protection premium and continues to demonstrate operational efficiency, with PAT margins improving to 10% for the full year.
Full Year Financial Performance
PB Fintech Limited concluded FY26 with robust financial growth across its core business segments. The company reported a total operating revenue of ₹6,794 crore, representing a 37% year-on-year increase. Profitability also saw a major boost, with PAT rising to ₹670 crore, up 115% compared to the previous year. This improvement in profitability is further evidenced by PAT margins expanding from 6% in FY25 to 10% in FY26.
Insurance Premium Growth Drivers
The total insurance premium for the year hit ₹29,934 crore, a significant 42% growth over last year. This performance was primarily fueled by the core online new protection business, which grew by 57% YoY, with the new Health insurance segment leading the way with a 68% YoY increase. The company’s focus on long-term profit drivers is clear, with core renewal/trail revenue on a 12-month rolling basis reaching ₹935 crore, marking a 40% growth.
Credit Business and New Initiatives
The credit business contributed to the company’s overall scale, with total lending disbursals for the year reaching ₹30,740 crore, up 50% YoY. Furthermore, PB Fintech’s new initiatives, including PB Partners and its UAE operations, demonstrated continued momentum. Notably, the UAE business achieved full-year profitability for the first time in FY26, highlighting the success of the company’s expansion strategy and focus on operational efficiency.
Q4 FY26 Quarterly Highlights
In the final quarter of the fiscal year, the company maintained its growth trajectory. Q4 FY26 saw operating revenue grow 37% YoY to ₹2,061 crore, while quarterly PAT rose 54% to ₹261 crore. The core new insurance premium (net of savings) witnessed an acceleration, growing 59% YoY in the quarter, signaling sustained demand for the company’s core offerings.
Source: BSE
