PB Fintech Reports 165% Profit Growth in Q2 FY26; Revenue Surges 38%

PB Fintech, the parent company of Policybazaar and Paisabazaar, announced strong financial results for Q2 FY26, reflecting robust growth across revenue, profitability, and operational metrics.

Financial Highlights

• Revenue: ₹1,614 crore, up 38% YoY
• Profit After Tax (PAT): ₹135 crore, up 165% YoY, representing 1.77% of total insurance premium
• Insurance Premium: ₹7,605 crore, up 40% YoY
• Adjusted EBITDA: ₹156 crore, up 180% YoY, with margins improving from 5% to 10%

The sharp improvement in profitability and margins underscores operational efficiency and scale benefits.

Operational Performance

• Core Online Insurance: Premium grew 34% YoY
• New Protection Business: Health and Term Insurance new premium rose 44% YoY
• Renewal Revenue: ₹774 crore on a 12-month rolling basis, up 39% YoY, driven by 47% growth in the insurance segment

PB Partners, the agent aggregator platform, expanded its reach with over 3.8 lakh advisors and presence across 19,000 pin codes in India.

Segment-Wise Revenue

Insurance broker services remained the primary growth driver, while credit services saw a decline amid cautious lending trends.

Strategic Position and Outlook

PB Fintech continues to strengthen its leadership in online insurance and credit comparison platforms through Policybazaar and Paisabazaar. The company aims to address India’s protection gap by offering a wide range of products and leveraging digital distribution channels.

Read More: Bima Sugam Launches as World's Largest Online Platform.

Conclusion

PB Fintech delivered record Q2 FY26 results with strong revenue growth, improved margins, and significant expansion in insurance premiums. While credit services faced headwinds, the company’s core insurance business and agent network remain key growth drivers for the coming quarters.

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