PB Fintech Share Price Target 2026: With the Q4 earnings season in full swing, a host of companies have been announcing their Q4FY26 financial results. While some stocks are believed to maintain their positions because of fundamentals and structural tailwinds, others are facing hurdles. Meanwhile, brokerage firm Morgan Stanley has initiated coverage on PB Fintech Ltd, the parent entity of Policybazaar, just a few days after the company announced its Q4 results.
Shares of PB Fintech Ltd closed at Rs 1,633.60 on Monday, down 0.62 per cent from the previous close.
– FY27 theme focused on higher customer engagement and retention through app system.
– Monthly mode health policies rise to 34% in FY26 from 11% in FY24.
– Management says affordability and GST tailwinds driving health insurance adoption.
Sequentially, the net profit was up 37.9 per cent. It stood at Rs 189 crore in the previous quarter.
The revenue from operations in the reporting stood at Rs 2,061 crore in Q4 FY26, representing a growth of 36 per cent YoY and 16.4 per cent QoQ from Rs 1,507.8 crore in the year-ago period and Rs 1,771 crore in Q3 FY26. The increase in revenue was primarily driven by a surge in new insurance premium collection.
EBITDA came in at Rs 532 crore in Q4 FY26 against Rs 463 crore in Q3 FY26, up 15% QoQ. However, EBITDA margin declined 25.8 percent in Q4 FY26 against 26.1% in Q3 FY26, down 31 bps QoQ.
PB Fintech said its total insurance premium for the full year was Rs 29,934 crore, up 42 per cent YoY, led by growth in core online new protection business at 57 per cent YoY (new Health insurance up 68 per cent YoY).
Quarterly Insurance Premium was at Rs 9,217 crore, up 46 per cent YoY again led by growth in core online new protection business at 67 per cent YoY, it said.
For the full 2025-26, the company’s PAT grew 115 per cent to Rs 670 crore. Operating revenue in FY26 grew 37 per cent to Rs 6,794 crore.
PB Fintech’s total insurance premium for the full year was Rs 29,934 crore, up 42 per cent year-on-year, led by growth in core online new protection business. Quarterly insurance premium was Rs 9,217 crore, up 46 per cent.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
