PB Fintech reported a stellar performance for the full financial year ending March 31, 2026, with a 115% year-on-year growth in Profit After Tax (PAT) to ₹670 crore. Total insurance premiums grew by 42% to ₹29,934 crore, driven by robust performance in new protection premiums and core online insurance segments. The company also saw significant operational efficiency gains, with its PAT margin expanding to 10% for the year.
Strong Annual Financial Performance
PB Fintech has delivered significant growth across its core operations in FY26. Total consolidated operating revenue for the year reached ₹6,794 crore, representing a 37% increase compared to the previous year. This revenue growth has been accompanied by a substantial improvement in profitability, with the PAT margin rising from 6% in FY25 to 10% in FY26.
Insurance and Lending Segment Highlights
The company’s insurance marketplace continues to be the primary growth driver. Total insurance premiums for the full year stood at ₹29,934 crore, a 42% YoY growth, primarily led by the new protection premium category (health and term insurance), which grew by 57%. The core online insurance business alone grew by 39%. In the credit marketplace, total lending disbursal for the year reached ₹30,740 crore, marking a 50% increase over the previous year.
Strategic Growth and New Initiatives
PB Fintech is actively strengthening its leadership through new strategic initiatives, which recorded a 43% revenue growth for the year. Key highlights include:
- PB Partners, the agent aggregator platform, has expanded its reach to over 450,000 advisors across 19,000 pin codes, with a strong focus on Tier 4 and 5 towns.
- The UAE business achieved profitability for the full year for the first time in FY26, with a 54% YoY growth in insurance premiums.
- The company’s core renewal and trail revenue reached an annual run rate of ₹1,126 crore, serving as a critical long-term profit driver.
Operational Efficiency and Technology
Operational efficiency has remained a key focus, with the company’s adjusted EBITDA margin improving from -9% to -4% for new initiatives, and the core online business reaching a 21% adjusted EBITDA margin. Technology integration, particularly in AI-driven risk assessment and fraud detection, has led to a significant aversion of risk worth ₹9,618 crore in sum assured during FY26, ensuring higher quality business and improved claims settlement ratios.
Source: BSE
