PB Fintech Q3 FY23 Results Key Highlights

  • Q3 Consolidated Revenue up 66% YoY and Net Loss Rs. 88 Cr
  • Insurance Premium Rs.3028 Cr, up 70% YoY, Credit Disbursal Rs.3021 Cr, up 57% YoY.

  • PAT Loss reduced by 71% as just Rs.88 Cr in Q3 vs Rs.298 Cr last year same quarter
  • Existing Business EBITDA Margin 6%

  • New Initiatives: PB Partners (POPS), Corporate & SME Insurance and UAE
  • New Initiative Revenue at Rs. 185Cr, about 3.7 times YoY, Investment in new initiative is 54 Cr only (Rs.65 Cr in Q2 FY23, Rs.71 Cr in Q1 FY23 and was Rs.90 Cr in Q4 FY22)
  • Renewal Revenue at annualized rate in Q3 FY23 is Rs.315 Cr (Rs.290 Cr in Q2 FY23, Rs.270 Cr in Q1 FY23 , Rs.260 Cr in Q4, Rs.210Cr in Q3 FY22) which has 85% Margins

  • Budget Announcement: Taxation on gains from maturity of non-ulip for annual premium exceed Rs.5 lakh issued after 1st April 2023 will likely impact less than 1% to our business as our focus is on middle class consumers



PB Fintech Investor Presentation

PB Fintech Concall Recording