Internet Software & Services company PB Fintech announced Q1FY27 results Consolidated Financial Highlights: Revenue from operations for Q1FY27 stood at Rs 1,88,828 lakh, representing a YoY growth of 40.08% compared to Rs 1,34,799 lakh in Q1FY26, and a QoQ decrease of 8.39% from Rs 2,06,133 lakh in Q4FY26. Total income of the company in Q1FY27 was Rs 1,98,132 lakh, an increase of 36.95% YoY from Rs 1,44,675 lakh in Q1FY26, while declining 8.51% QoQ from Rs 2,16,564 lakh in Q4FY26. Profit Before Tax (PBT) for Q1FY27 was reported at Rs 17,858 lakh, showing a YoY growth of 93.39% compared to Rs 9,234 lakh in Q1FY26, but a QoQ decline of 34.32% from Rs 27,190 lakh in Q4FY26. Profit for the quarter (PAT) in Q1FY27 reached Rs 16,291 lakh, a significant YoY increase of 92.45% from Rs 8,465 lakh in Q1FY26, and a QoQ decrease of 37.62% compared to Rs 26,116 lakh in Q4FY26. Total Comprehensive Income for Q1FY27 stood at Rs 16,447 lakh, up 100.48% YoY from Rs 8,204 lakh in Q1FY26, and down 37.76% QoQ from Rs 26,423 lakh in Q4FY26. Basic Earnings Per Equity Share (EPS) for Q1FY27 was Rs 3.53, up from Rs 1.85 in Q1FY26 (YoY) and down from Rs 5.65 in Q4FY26 (QoQ). Standalone Financial Highlights: Revenue from operations for Q1FY27 was Rs 39,799 lakh, a massive YoY increase of 890.27% from Rs 4,019 lakh in Q1FY26, and a QoQ growth of 510.98% from Rs 6,514 lakh in Q4FY26. (Note: This includes an upfront fixed IPR fee of Rs 39,348 lakh from Policybazaar Insurance Brokers Private Limited). Total income in Q1FY27 stood at Rs 45,317 lakh, increasing YoY by 368.88% from Rs 9,665 lakh in Q1FY26 and QoQ by 292.39% from Rs 11,549 lakh in Q4FY26. Profit Before Tax (PBT) for Q1FY27 reached Rs 42,117 lakh, compared to Rs 788 lakh in Q1FY26 (YoY) and Rs 1,862 lakh in Q4FY26 (QoQ). Profit for the quarter in Q1FY27 was Rs 40,770 lakh, up from Rs 722 lakh in Q1FY26 (YoY) and Rs 1,778 lakh in Q4FY26 (QoQ). Total Comprehensive Income for Q1FY27 was Rs 40,784 lakh, compared to Rs 704 lakh in Q1FY26 (YoY) and Rs 1,765 lakh in Q4FY26 (QoQ). Basic Earnings Per Equity Share (EPS) for Q1FY27 was Rs 8.82, compared to Rs 0.16 in Q1FY26 and Rs 0.38 in Q4FY26. Business Highlights: Insurance Business (Policybazaar): Total Insurance Premium for Q1FY27 grew 41% YoY to Rs 8,372 crore, led by new protection premium growth of 53% YoY. Core Online Insurance Premium grew 41% YoY, while New Protection (Health + Term Insurance) Premium increased 53% YoY. New Health Insurance premium specifically saw a growth of 59% YoY. Core Insurance renewal/trail revenue reached an Annual Run Rate (ARR) of Rs 999 crore, growing 48% YoY. Insurance CSAT (Customer Satisfaction Score) remained consistent at above 90%. Credit Business (Paisabazaar): Total Lending disbursal for the year was Rs 4,366 crore, with Core online lending disbursal growing 33% YoY. Core Credit Revenue for Q1FY27 was Rs 127 crore, up 25% YoY. Core Credit disbursals stood at Rs 2,776 crore, up 33% YoY. Approximately 60.6 million consumers have accessed their credit scores through Paisabazaar till date. New Initiatives (PB Partners & UAE): New Initiatives revenue grew 35% YoY in Q1FY27. PB Partners, the agent aggregator platform, grew its premium by 46% YoY to Rs 1,637 crore (Ex GST) with revenue growing 47% to Rs 561 crore. PB Partners is present in 19,000 pin codes across India, covering 99% of pin codes, with Tier 2 and Tier 3 markets contributing 78% of overall GWP. UAE Insurance premium grew 31% YoY, with the business being profitable for Q1FY27. Consolidated Segment-wise Performance (Q1FY27): Insurance Broker Services: Segment revenue was Rs 1,72,844 lakh compared to Rs 1,18,695 lakh in Q1FY26. Segment results (profit) stood at Rs 20,656 lakh compared to Rs 13,607 lakh in Q1FY26. Other Services: Segment revenue was Rs 15,984 lakh compared to Rs 16,104 lakh in Q1FY26. Segment results (loss) were Rs 1,685 lakh compared to a loss of Rs 3,496 lakh in Q1FY26. Commenting on results, the company stated: 1. Our Total Insurance Premium for the quarter was Rs 8,372 crore, up 41% YoY, led by growth in core online new protection business at 53% YoY (new Health insurance up 59% YoY). 2. Consolidated operating revenue for the quarter grew 40% YoY to Rs 1,888 crore (Core Insurance revenue up 46% YoY; Q1FY27 Core credit revenue, up 25% YoY). 3. Our core renewal/trail revenue on a 12-month rolling basis is at Rs 1,003 crore, up from Rs 725 crore last year same quarter, a 38% growth (led by growth of 55% YoY in the insurance segment). The quarterly core insurance renewal revenue is at an ARR of Rs 999 crore, up from Rs 673 crore in Q1 last year (growth of 48% YoY). This is a key driver of long-term profit growth. 4. Growth in Core New Insurance Premium (net of Savings business) is holding strong at 48% YoY. Core New Insurance Premium (Including Savings) grew 39% YoY for the quarter. Excluding the Savings category, we have been growing above 34%YoY for the last 13 consecutive quarters. 5. We continue to improve our customer onboarding & claims support services and Insurance CSAT is consistent above 90%. 6. Our core credit revenue for the quarter is Rs 127 crore, up 25% YoY, with core disbursal is at Rs 2,776 crore, up 33% YoY. Core credit disbursal and revenue are growing for the last 4 consecutive quarters. Result PDF