PB Fintech reported a strong performance for FY26, with total insurance premiums reaching ₹29,934 crore and total loan disbursals hitting ₹30,740 crore. Achieving profitability since FY24, the company maintains a robust growth trajectory, targeting ₹1,000 crore in profit after tax (PAT) by FY27. Driven by its core insurance and credit marketplaces, PB Fintech is leveraging extensive AI integration to scale operations, improve customer service, and strengthen its market-leading position.
Financial Performance and Milestones
PB Fintech has demonstrated consistent growth over the past four years, scaling its operations significantly since its IPO. Total insurance premium rose from ₹6,152 crore in FY22 to ₹29,934 crore in FY26, representing a 4.9x increase. During the same period, total lending disbursals grew from ₹6,607 crore to ₹30,740 crore. Revenue has similarly expanded to ₹6,794 crore, while renewal Annual Recurring Revenue (ARR) reached ₹1,126 crore with margins of approximately 80%.
Strategic Pillars and Market Leadership
The company continues to lead the online insurance and credit marketplace sector. In the insurance segment, Policybazaar has achieved a #2 market position in retail sum assured and manages over 26.4 million unique transacting consumers. The protection category, including Health and Term insurance, now accounts for over 70% of core online insurance revenue. In the credit segment, Paisabazaar has served 58.5 million credit score consumers to date, facilitating ₹30,740 crore in loan disbursals during FY26.
AI-Driven Operating Model
Artificial Intelligence is deeply integrated into PB Fintech’s operations. The company processes approximately 10 crore customer interactions monthly, utilizing AI-NLP intelligence layers to manage 21 lakh calls daily. This AI-first approach has enhanced advisor productivity, with 85% developer efficiency and automated underwriting processes. The company’s Risk Intelligence Engine profiles over 30 parameters per customer, which successfully averted ₹9,618 crore in risk during FY26.
Future Growth and New Initiatives
Looking toward FY30, the company has set an ambitious target of ₹1 lakh crore in total insurance premium. Strategic expansion continues through the PB Partners platform, which now has 450,000+ partners across nearly 19,000 pin codes. Additionally, the company’s UAE business has reached profitability in FY26, driven by a diversified portfolio. Continued innovation in Co-created plans, Phygital support models, and Goal-based savings solutions remains central to maintaining this growth momentum.
Source: BSE
