PB Fintech Q1 FY27 profit jumps 92% to Rs 163 crore as revenue rises 40%

PolicyBazaar parent PB Fintech reported Q1 FY27 revenue of Rs 1,888 crore and total insurance premiums of Rs 8,372 crore. New health insurance grew 59%, credit disbursals rose 33% to Rs 2,776 crore, and active partners increased 55% to 1.13 lakh.

— Source publishedWed, 5 Aug, 2026, 20:20 IST·First seen Wed, 5 Aug, 2026, 20:27 IST·Source YourStory · Capital

What happened

PB Fintech reported a 92% YoY rise in Q1 FY27 net profit to Rs 163 crore and 40% revenue growth. Insurance premiums, health protection, credit disbursals and

Key facts

  • Net profit rose 92% YoY to Rs 163 crore in Q1 FY27, from Rs 85 crore
  • Revenue rose 40% YoY to Rs 1,888 crore, from Rs 1,348 crore
  • Total insurance premium rose 41% YoY to Rs 8,372 crore
  • Core online new protection business grew 53% YoY
  • New health insurance grew 59% YoY
  • Core credit revenue grew 25% YoY to Rs 127 crore
  • Credit disbursals rose 33% YoY to Rs 2,776 crore
  • 158.9 million registered consumers
  • 28.1 million transacting consumers
  • Over 500,000 advisors
  • Active partner count rose 55% YoY to 1.13 lakh
  • UAE insurance premium grew 31% YoY

Why this matters

The rapid expansion of PB Fintech’s partner network to 1.13 lakh reinforces its attractiveness as a distribution partner and raises the strategic value of alliances across insurers, lenders and health ecosystems.

What to watch

  • Whether new health-insurance premium growth remains above 50% and translates into renewals rather than promotion-led first-year sales.
  • Revenue growth versus employee, advertising and partner-incentive costs; this will indicate whether operating leverage is sustainable.
  • Trend in total insurance premiums, take rate and adjusted EBITDA/profit margin over the next two quarters.
  • Partner-network productivity: premiums and policies per active partner, not only headline partner additions.
  • Credit disbursal growth, lender availability, approval rates and any evidence of weaker borrower credit quality.
  • Insurer commission structures, regulatory changes affecting web aggregators or digital insurance distribution, and competitive pricing from insurers and rival platforms.
  • Increase marketing and adviser-led acquisition in health insurance, where new premium growth is outpacing the broader portfolio.
  • Use the enlarged 1.13 lakh active-partner network to improve Tier-2 and Tier-3 distribution and renewal servicing.
  • Push cross-sell from insurance customers into credit products and from credit users into protection and health cover.
  • Prioritize renewal revenue, insurer relationships and product mix improvements to convert premium growth into durable contribution margins.
  • Maintain selective investment in technology, claims assistance and customer support to differentiate against direct insurer and aggregator competition.

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