PB Fintech reported robust performance for the first quarter of FY27. Consolidated operating revenue surged 40% year-on-year to ₹1,888 crore, driven by strong growth in both insurance and credit segments. The company’s consolidated Profit After Tax (PAT) saw a significant increase of 92% year-on-year, reaching ₹163 crore. This strong financial outcome reflects the company’s sustained growth momentum and effective strategy execution.
PB Fintech Reports Strong Q1 FY27 Performance
PB Fintech Limited announced its financial results for the first quarter of the fiscal year 2026-27 (Q1 FY27), showcasing significant year-on-year growth across key business metrics. The company highlighted a substantial increase in both revenue and profitability.
Revenue and Profitability Growth
For the quarter ended June 30, 2026, PB Fintech’s consolidated operating revenue grew by an impressive 40% to ₹1,888 crore. This growth was propelled by a 46% increase in core insurance revenue and a 25% rise in core credit revenue. The consolidated Profit After Tax (PAT) experienced a remarkable surge of 92%, reaching ₹163 crore. The PAT margin also saw a healthy improvement, moving from 6% to 9% year-on-year.
Key Business Segment Performance
The core insurance business demonstrated strong momentum, with total online premium growing at 41% year-on-year. New insurance premium, including savings, grew at 39%, while excluding savings, it increased by 48% YoY. Renewal and trail revenue also showed robust growth, with renewal revenue rising by 55% to ₹1,003 crore over the last 12 months. The credit business also contributed positively, with core disbursals growing by 33% to ₹4,366 crore in the quarter.
Strategic Outlook
The management expressed confidence in the company’s growth trajectory, emphasizing a focus on customer acquisition and service. The company continues to invest in creating demand and offering attractively priced, well-featured products tailored to customer needs. Significant emphasis is placed on enhancing service levels and claims support, which is a key differentiator in the market. The company’s strategy includes expanding its reach in Tier 2 and Tier 3 cities, with 78% of Gross Written Premium (GWP) originating from these areas. PB Partners has seen its active partner count increase by 55% year-on-year.
Long-Term Growth Perspective
Looking at the long-term perspective, the company highlighted a 5-year CAGR of 51% in quarterly revenue, growing from ₹238 crore in Q1 FY22 to ₹1,888 crore in Q1 FY27. The PAT margin has also improved significantly from -47% to 9% over the same period. PB Fintech remains focused on driving growth and investing in capabilities to serve its partners better, with scale being a primary criterion for its POSP business.
Source: BSE
