Policybazaar launches ad campaign with Shakti Kapoor, Gulshan Grover
The new brand campaign series feature Bollywood's bad men' advising people to not turn into villains for their families and invest in health insurance16-08-2022
16-08-2022
PB Fintech Ltd - 543390 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of the Earnings Call held on August 10, 202215-08-2022
PB Fintech Ltd - 543390 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Revised Monitoring Agency Report for the quarter ended June 30, 202212-08-2022
PB Fintech Ltd - 543390 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Dear Sir / Madam Pursuant to provisions of the Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith copies of newspaper clipping for publication of the Financial Results ('Results') of the Company for the quarter ended June 30, 2022, approved by the Board of Directors at its Meeting held on Wednesday, August 10, 2022, published in the following newspapers: ? Financial Express (All India editions in English language) on August 12, 2022; and ? Jansatta (Delhi and NCR edition in Hindi (vernacular) language) on August 12, 2022.12-08-2022
PB Fintech Ltd - 543390 - Statement Of Deviation Or Variation Of Funds Raised Through Initial Public Offer ('IPO') For The Quarter Ended June 30, 2022
Statement of Deviation or variation of funds raised through Initial Public offer ('IPO') for the quarter ended June 30, 202212-08-2022
PB Fintech Ltd - 543390 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Monitoring Agency Report for the quarter ended June 30, 202212-08-2022
PB Fintech Ltd - 543390 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording Of The Earnings Call Dated August 10, 202211-08-2022
Q1 results: PB Fintech loss widens to 204 crore
PB Fintech, the parent firm of online insurance broker Policybazaar, had posted a loss of 110.84 crore in Q1 FY2211-08-2022
Policybazaar System Vulnerabilities Exposed Customers' Details: Report
Vulnerabilities in the system of online insurance broker Policybazaar led to exposure of personal details of lakhs of its customers, including defence personnel, a cyber security research firm...10-08-2022
Q1FY23 Quarterly Result Announced for PB Fintech Ltd.
PB Fintech announced Q1FY23 Result : Core business profitable, 113% revenue growth YoY Insurance Premium Rs 2,430 Cr, up 52% YoY Credit Disbursal Rs 2,320 Cr, up 136% YoY Operating revenue Rs 505 Cr, up 113% YoY Core Business Operating revenue Rs 371 Cr, 59% YoY Contribution margin 45% Core business Adjusted EBITDA was Rs 4 Cr positive for the quarter (absorbing Rs 13 Cr loss by the non-insurance business), thus core insurance business had an Adjusted EBITDA of Rs 18 Cr for the quarter New Initiatives Operating revenue of Rs 134 Cr, about 29x YoY Investment in new initiatives Rs 71 Cr We have achieved rapid scale and leadership Now we are driving efficiency, having reduced losses by Rs 20 Cr QoQ, this trend of reducing losses should continue. Commenting on results, the company stated: “Har Family Hogi Insured!” We aim to make every family in India have Health and Life insurance We are at an annual run rate of insurance premium of over Rs 9,700 Cr growing at 52% YoY. Our consistent efforts to improve customer service and claims support are paying off with multiple heartening customer messages and is reflected by a CSAT of 83%. Quality of business in terms of Claims ratios and Retention rates makes our business profitable for our partners. High disclosure rates & fraud detection are helping improve claims settlement ratios for our partners; our folio has 9% higher claims settlement ratio as compared to other channels for health insurance. Our new insurance premium per enquiry has increased by 32% YoY Physical leg of the business delivering meaningful impact on Health and Life Insurance businesses A steady shift in business mix towards rural India in our core business, 59% of insurance business from non-Tier 1 cities in FY22, up from 28% in FY17 Paisabazaar continues to grow very well and has rebounded strongly from Covid. Result PDF10-08-2022