Results · Financial Services

PB Fintech Q1 profit doubles, lending disbursals hit ₹4,366 Cr

By Startup Enthusiast · 5 August 2026

What they do

PB Fintech's consolidated net profit surged 92% to ₹163 crore in Q1 FY27

Revenue grew 40% to ₹1,888 crore, driven by strong insurance and credit businesses

Lending disbursals rose 33% to ₹4,366 crore, while insurance premium climbed 41%

PB Fintech reported Q1 FY27 consolidated net profit of ₹163 crore, up 92.4% year-on-year from ₹85 crore.
Revenue from operations rose 40.1% to ₹1,888.2 crore from ₹1,348 crore a year ago.
EBITDA came in at ₹139.1 crore, up from ₹34.2 crore; margin improved to 7.37% from 2.54%.
Total insurance premium (excluding GST) reached ₹8,372 crore, up 41% year-on-year.
Core online new protection premium grew 48% year-on-year, the 13th consecutive quarter above 34%.
Core online lending disbursals stood at ₹2,776 crore, up 33% year-on-year.
PB Partners network had 500,000+ advisors with active partners up 55% to 1.13 lakh, present in ~19,000 pin codes.
PB Partners premium was ₹1,637 crore, up 46%; revenue ₹561 crore, up 47%.

PB Fintech's profit more than doubled as revenue grew 40%, showing strong operating leverage.
Core insurance premium growth of 48% outpaced the industry, driven by health and term segments.
Tier-II and Tier-III cities contributed 78% of gross written premium via PB Partners, highlighting rural penetration.
The company maintained a 30% long-term growth outlook despite Q1 growth of 40%.

PB Fintech is the parent of Policybazaar (insurance marketplace) and Paisabazaar (credit marketplace).
Policybazaar, launched in 2008, was India's largest digital insurance marketplace with 93.4% market share by policies sold in Fiscal 2020.
As of Q1 FY27, it had ~15.9 crore registered consumers and sold 7.16 crore policies to 2.81 crore unique customers.
PB Health, a subsidiary, runs two hospitals in Delhi-NCR and targets ₹500 crore ARR by March 2027.
PB Fintech acquired digital health platform Fitterfly; its revenue has grown fourfold since acquisition.

Paisabazaar is expanding beyond lending: building a payments platform and launching a daily SIP platform in August.
Paisabazaar will prioritise customer stickiness over revenue for its savings product over the next 1-2 years.
Paisabazaar is scaling fixed income offerings (corporate bonds, government securities, FDs) and received SEBI approval as an Online Bond Platform Provider.
PB Health targets ₹500 crore ARR by March 2027 and expects breakeven by end of FY27.
PB Fintech aims to build an ecosystem of 500-600 hospitals, some acquired under PB Health and others supporting PB Care Plus plans.