PB Fintech

PB Fintech delivered a strong Q4 FY26 with insurance premium growth accelerating to 46% YoYCurrent reported value: 46% YoY. No comparable prior figure is available in the source record. (full year 42%Current reported value: 42%. No comparable prior figure is available in the source record.), led by protection premium up 57%Current reported value: 57%. No comparable prior figure is available in the source record. and health insurance growing 68%Current 68%. Reported change: +68% YoY.. Operating revenue reached ₹6,794 croreCurrent reported value: ₹6,794 crore. No comparable prior figure is available in the source record. for the year, with PAT at ₹670 croreCurrent reported value: ₹670 crore. No comparable prior figure is available in the source record. (2.2% of premium). Renewal revenue ARR surged 63%Current reported value: 63%. No comparable prior figure is available in the source record. to ₹1,126 crCurrent ₹1,126 Cr. Reported change: +63% YoY.ore, underscoring the compounding value of the existing book. Management reiterated a 30%+ growthCurrent reported value: 30%+ growth. No comparable prior figure is available in the source record. trajectory, noting they consistently beat this guidance. Key drivers include superior product segmentation, claims experience, and AI-driven productivity gains. Pesa Bazar turned EBITDA positive this quarter, with expectations of meaningful profitability next year. Risks include potential regulatory changes on commission structures, though management expressed confidence in their ability to adapt given their low-cost, high-persistency book. The company remains focused on growth and quality over near-term profit maximization.