PB Fintech Q2 FY26 Earnings Results

PB Fintech Ltd, popularly known as Policy Bazar is India’s largest online platform for insurance and lending products through its flagship brands – Policybazaar and Paisabazaar platform through which they provide convenient access to insurance, credit and other financial products.

 

Q2 FY26 Earnings Results

• Revenue from Operations: ₹1,613.5 crore, increased 38% YoY from ₹1,167 crore in Q2 FY25 and grew 20% QoQ from ₹1,348 crore in Q1 FY26.

• PAT: ₹134.9 crore, surged 165% YoY from ₹51 crore; up 59% QoQ from ₹84.69 crore.

• Revenue growth drivers: Significant increase in insurance premiums, driven by new protection policies and core online insurance growth.

• Insurance premiums: ₹7,605 crore, up 40% YoY, with online insurance premiums rising 34%, and new protection premiums increasing 44%.

• Renewal revenue: 12-month rolling, increased 39% YoY to ₹774 crore.

• Lending disbursal: ₹2,280 crore, with credit revenue of ₹106 crore, impacted by ongoing challenges but showing signs of sequential recovery.

• International operations: UAE business grew 64% YoY and continued to be profitable in the latest quarter.

• Operational expenses: Employee benefits increased 18% YoY; marketing expenses remained steady at ₹280 crore.

• Financial position: Total assets at about ₹18,277,671 million (~₹1.83 lakh crore); net income increased from FY2024 figures, with detailed cash flow statements indicating active investment and financing activities.

 

Management Commentary & Strategic Decisions:

• Focus on expanding insurance and protection premiums, along with growing agent networks and digital capabilities.

• Continued investment in technology and operational efficiencies to enhance customer experience.

• International business in UAE remains a key growth driver.

• Steady marketing investments to support growth and market penetration.

 

 

Q1 FY26 Results Summary:

• • Revenue: ₹1,348 crore, up 33% YoY from ₹1,010 crore.

  • PAT: ₹84.59 crore, increased 40.56% YoY from ₹60.18 crore.

  • Growth driven primarily by health insurance and renewal revenue expansion.

  • Challenges in savings and credit disbursal due to macroeconomic headwinds but overall positive trend in profitability and revenue streams.

 

To view the company’s previous earnings and latest concall transcripts, click here  to visit the Alphastreet India news channel.