PB Fintech Ltd - 543390 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication of Financial Results for the quarter and nine months ended December 31, 2021 and Postal Ballot Notice09-02-2022
09-02-2022
Earnings Call for Q3FY22 of PB Fintech
Conference Call with PB Fintech Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.09-02-2022
PB Fintech Ltd - 543390 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Postal Ballot Notice - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201508-02-2022
Q3FY22 Quarterly Result Announced for PB Fintech Ltd.
Internet Software & Services company PB Fintech declares Q3FY22 result: QIII FY22: PB Fintech clocks a strong 73% revenue growth; maintains existing business operating margins @ 40% Insurance premium grew by 68% YoY to Rs 1,796 Crores Credit disbursals grew by 94% to Rs 1,926 Crores Revenues grew by 73% to Rs 367 Crores Existing business contribution margin was maintained at 40% New initiatives revenue grew multifold to Rs 50 Cr (up from Rs 3 Cr last year) with an initial investment of Rs 41 Cr Adjusted EBITDA (non GAAP) was a loss of Rs 92 Cr reflecting investment in new initiatives and brand advertising PB Partners (PoSP business) became the #1 B2B2C platform in the country in just six months of launch (July 2021) PB UAE business is now a close #2 in a fast growing market PB Corporate now covers 1.1Mn lives and is the fastest growing corporate/SME insurance business in India 9M FY22: Insurance premium grew by 38% YoY to Rs 4,812 Cr Credit disbursals grew by 169% to Rs 4,416 Cr Revenues grew by 44% to Rs 885 Cr Existing business contribution margin was maintained at 36% New initiatives revenue grew multifold to Rs 71 Crores (up from Rs 8 Crores last year) with an initial investment of Rs 58 Crores Adjusted EBITDA (non GAAP) was a loss of Rs 203 Cr reflecting investment in new initiatives and brand advertising Additional deferred revenue (for transactions closed but revenue to be realized over 12 months) grew to Rs 75 Crores from Rs 34 Crores last year. Costs against these transactions have been fully recognized in the accounts Commenting on the QIII FY22 results, Yashish Dahiya, Chairman and Group CEO of PB Fintech, said “Scale is critical to the success of any marketplace we are currently at an ARR of over Rs 8,000 Cr which is a growth of 60% YoY, we are now growing at scale. Margins in our existing businesses were maintained at 40%. Renewal revenue is at an ARR of over Rs 210 Cr, the renewal book operates at 90% contribution margin and will be the biggest driver of our long-term profitability.” He added, “Paisabazaar has successfully navigated COVID and now is over Rs 8,400 Crores ARR. Our new initiatives, PB Partners (B2B2C) has become the market leader within 6 months of launch with an investment of under $10Mn. PB Corporate is the fastest growing Corporate/MSME insurance business in the country and our UAE business is rapidly approaching market leadership. We have invested approximately Rs 200 Crores in our brand and these new initiatives which will be value accretive in years to come.” Alok Bansal, Executive Director and Group CFO, added “Policybazaar premium has grown 45x in the last 8 years and Paisabazaar disbursals are 46x higher over the last 7 years. Given the low levels of insurance and credit penetration in the country and increased digitization, we are very confident of our future growth and profitability prospects.” Result PDF08-02-2022
Policybazaar parent's loss widens 55% to Rs 297 cr in Q3, revenue up 73%
Revenue contribution of insurance services slides to 53 per cent in Q3 of FY22 from 68 per cent in the year-ago period08-02-2022
PB Fintech Ltd - 543390 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Outcome of Board Board Meeting - 07.02.2022 1. Earning Release dated February 7, 2022 on the Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter ended December 31, 2021 is enclosed herewith. 2. Press Release titled 'PB Fintech clocks a strong 73% revenue growth; maintains existing business operating margins @ 40%' is enclosed herewith.07-02-2022
PB Fintech Ltd - 543390 - Board Meeting Outcome for Outcome Of Board Meeting - Financial Results For The Quarter And Nine Months Ended December 31, 2021
Outcome of Board Meeting - Financial Results for the quarter and nine months ended December 31, 202107-02-2022
PB Fintech Ltd - 543390 - Outcome Of Board Meeting - Financial Results For The Quarter And Nine Months Ended December 31, 2021
Outcome of Board Meeting - Financial Results for the quarter and nine months ended December 31, 202107-02-2022
PB Fintech Ltd - 543390 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Earnings Call w.r.t. Financial Results for the Quarter and Nine months ended December 31, 2021 Please see below the mandatory pre-registration Investor Registration Link for attending the earnings call and instructions as well: https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=0451154&linkSecurityString=1d9f39f8205-02-2022