PB Fintech Ltd
PB Fintech Reports Strong Growth: Revenue Up 37%, PAT Jumps 165% 📈
• Total premium grew 45% YoY to ₹7,965 Cr
• New protection premium up 68% YoY
• Health premium up 79% YoY
• Operating revenue rose 37% YoY to ₹1,771 Cr
• Core insurance revenue up 42% YoY
• New initiatives revenue up 41% YoY
• Core renewal revenue annual run rate of ₹863 Cr vs ₹538 Cr a year ago
• Lending disbursals increased 84% YoY to ₹2,470 Cr
• Credit revenue at ₹115 Cr
• UAE insurance premiums grew 62% YoY
• PAT increased 165% YoY to ₹189 Cr
• Adjusted EBITDA up 154% YoY to ₹199 Cr
• Margin improving from 6% to 11%
• PB Partners expanding into Tier 4 and 5 towns
• Take rates around 16-17%
• Plans for international expansion targeting Southeast Asia, Middle East, or Europe markets