PB Fintech's Q3 FY26 Triumph: ₹189 Cr Profit Soars 165% on 37% Revenue Surge

PB Fintech Ltd, operator of Policybazaar and Paisabazaar, dazzled investors with blockbuster Q3 FY26 results announced Feb 2, 2026, flipping to ₹189 Cr net profit  a 165% YoY leap on ₹1,771 Cr revenue (+37%).
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Insurance broking powered the show, with total premiums soaring 45% to ₹7,965 Cr, fueled by 68% growth in new protection and 79% in health policies. Lending disbursals exploded 84% YoY to ₹9,986 Cr, while PB Partners agent platform accelerated. Adj. EBITDA jumped 154% to ₹199 Cr (11% margin from 6%).

UAE insurance grew 62% YoY, profitable for four quarters straight. Since 2021 IPO, revenue CAGR hit 48% (₹367 Cr Q3 FY22 to ₹1,771 Cr), PAT margin from -81% to 11%. CSAT >90% underscores service excellence amid GST tweaks.

Shares at ~₹1,595 (mcap ₹74,912 Cr) reflect fintech momentum; management eyes sustained insurance/lending expansion.​

Key Highlights

• Revenue: ₹17.71 Bn (+37% YoY).
• ​Net Profit: ₹1.89 Bn (+165% YoY from ₹71 Cr).
• Insurance Premium: ₹79.65 Bn (+45% YoY).
• ​New Protection Premium: +68% YoY; health +79%.
• Lending Disbursals: ₹99.86 Bn (+84% YoY).
• Adj. EBITDA: ₹1.99 Bn (+154% YoY, 11% margin).
• UAE Ops: Premiums +62% YoY, consistently profitable.

Sources: Moneycontrol, InvestyWise , BSE filings