PB Fintech delivered exceptional Q4 results with consolidated profit after tax reaching ₹261 crore, representing a 54% year-on-year increase. According to reports from The Economic Times, the company's consolidated operating revenue for the quarter rose 37% to ₹2,061 crore, led by robust growth in insurance distribution. The strong performance was primarily driven by significant expansion in the company's core insurance business and continued momentum in lending operations, with Q4 FY26 showing 59% YoY growth in core new insurance premium (net of savings).
The company's insurance segment demonstrated remarkable performance with total insurance premium reaching ₹9,217 crore in Q4, up 46% year-on-year. As reported by The Economic Times, growth was led by the core online protection business, with new protection premium including health and term insurance rising 67% year-on-year during the quarter. Core online insurance premium grew 44%, while the credit business remained stable with core credit revenue at ₹123 crore, up 7% YoY. Lending disbursals through the online platform rose 11% to ₹2,630 crore in the quarter. For the full year FY26, total insurance premium hit ₹29,934 crore, up 42% YoY, with the core online new protection business growing 57% YoY and the new Health insurance segment leading with 68% YoY increase.
Renewal income continued to serve as a key profit driver for PB Fintech, with core renewal and trail revenue on a 12-month rolling basis rising 40% to ₹935 crore compared with ₹668 crore a year ago. According to The Economic Times, quarterly insurance renewal revenue measured on an annualised run-rate basis rose to ₹1,126 crore, up from ₹689 crore in the year-ago quarter. This strong renewal performance reflects improved persistency and better monetisation of the company's insurance book, contributing significantly to overall profitability. For the full year FY26, core renewal/trail revenue reached ₹935 crore, marking 40% growth, demonstrating the company's focus on long-term profit drivers.
For the full financial year FY26, PB Fintech reported one of its strongest years since listing with total insurance premium rising 42% YoY to ₹29,934 crore and consolidated operating revenue increasing 37% to ₹6,794 crore. As reported by The Economic Times, profit after tax for the full year jumped 115% to ₹670 crore, with PAT margin improving to 10% from 6% in FY25. Total lending disbursals during FY26 stood at ₹30,740 crore, up 50% YoY, while revenue from new initiatives rose 43% during the year. The company's focus on operational efficiency is clear, with PAT margins expanding significantly from 6% in FY25 to 10% in FY26, reflecting improved profitability across all business segments.
The company's international operations showed strong performance with UAE insurance business growing 54% YoY and turning profitable for the first time during FY26. According to The Economic Times, PB Fintech's agent aggregator platform PB Partners crossed 450,000 advisors and now covers 19,000 pin codes, representing around 99% of India's pin codes. The company maintained high customer satisfaction scores above 90% while continuing to invest in onboarding and claims support infrastructure. PB Fintech's new initiatives, including PB Partners and its UAE operations, demonstrated continued momentum throughout FY26, highlighting the success of the company's expansion strategy and focus on operational efficiency.
