Results · Financial Services

Acko turns profitable in FY26, plans IPO

What they do

Acko General Insurance is a digital-first insurer offering motor, health, and travel policies

It posted a net profit of ₹43.6 Cr in FY26, compared to a ₹193.4 Cr loss in FY25

The company is targeting a $2 Bn–$2.5 Bn valuation for its IPO, with listing planned for H1 2027

Acko General Insurance turned profitable in FY26 with a net profit of ₹43.6 Cr.
In FY25, the company had reported a net loss of ₹193.4 Cr.
Net earned premium (NEP) rose 26% year-on-year to ₹1,917.9 Cr in FY26.
Total income grew 25.6% to ₹2,183 Cr in FY26 from ₹1,737.4 Cr in FY25.
The net incurred claims to NEP ratio improved to 66.3% from 69.95%.
Acko laid off about 5% of its workforce (~60 employees) citing AI and automation.
The company is moving away from ULIPs and endowment plans to focus on pure protection products.
Acko has appointed ICICI Securities, Morgan Stanley and Kotak Securities as bankers for its IPO.

Acko entered the unicorn club in 2021 and has raised about $458 Mn to date.
The company is targeting a valuation of $2 Bn–$2.5 Bn for its upcoming IPO.
It plans to confidentially file its DRHP in H2 2026 and list in H1 2027.
The IPO will include a fresh issue of shares and an offer-for-sale (OFS) component.

Acko is a digital-first general insurance company offering motor, health, and travel policies.
It distributes policies through online platforms and partnerships with companies like Ola and Amazon.
The company earns revenue from premiums and investment income.
In FY26, investment income stood at ₹265.1 Cr, up 23.2% year-on-year.
Acko operates solely in India and has no international presence.

Acko plans to confidentially file its DRHP in the second half of 2026.
The company targets a listing in the first half of 2027.
It aims for a valuation of $2 Bn to $2.5 Bn in the IPO.
The IPO will include both a fresh issue and an offer-for-sale component.