PB Fintech Ltd., the parent company of Policybazaar and Paisabazaar, has reported a 185% year-on-year (YoY) increase in net profit, reaching ₹171 crore for the fourth quarter of FY25. The company’s revenue from operations surged 38% YoY to ₹1,508 crore, driven by strong growth in its core online insurance business.
Policybazaar, PB Fintech’s flagship platform, contributed ₹877 crore to Q4 revenues, marking a 31% YoY growth. The company attributed its revenue expansion to consistent margin improvements across segments. Meanwhile, total insurance premiums for the quarter rose 37% YoY to ₹7,030 crore, fueled by new health insurance sales.
For the full fiscal year FY25, PB Fintech’s consolidated profit after tax (PAT) soared 448% to ₹353 crore, with profit margins improving from 2% to 7%. The company closed the period with a cash balance of ₹5,406 crore, reflecting a strong liquidity position.
Despite a 21% YoY decline in credit revenue, loan disbursals remained solid at ₹2,368 crore for the core online business. The company’s New Initiatives segment posted 50% YoY revenue growth, with adjusted EBITDA margin improving from -10% to -6%, contributing 4% to total revenue.
Following the earnings announcement, PB Fintech shares surged 4.3%, reaching an intraday high of ₹1,854.70. Leading brokerages remain bullish on the stock, with Jefferies maintaining a ‘Buy’ rating and a price target of ₹2,000, while Citi raised its target to ₹2,150, citing improved margins and strong profitability.
PB Fintech continues to strengthen its leadership in the digital insurance and lending space, leveraging its customer-centric approach and technological innovations to drive sustainable growth.
