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Will PB Fintech be that elusive profitable new-age tech co?
Management certainly thinks so and has guided for 1000cr PAT by FY27
(Stock rose above 200 DMA)
Here's how it plans to achieve profits?🧵
PS:#pbfintech still has unused cash reserves of 5000cr raised from IPO 😮
Management certainly thinks so and has guided for 1000cr PAT by FY27
(Stock rose above 200 DMA)
Here's how it plans to achieve profits?🧵
PS:#pbfintech still has unused cash reserves of 5000cr raised from IPO 😮
#PBFINTECH is the owner of PolicyBazaar and PaisaBazaar, 🇮🇳 largest marketplaces for insurance and credit products respectively
PolicyBazaar is already EBITDA positive
PaisaBazaar achieved EBITDA breakeven in Q3Fy23
75% of cards issued is end-to-end digital>>improve margins
PolicyBazaar is already EBITDA positive
PaisaBazaar achieved EBITDA breakeven in Q3Fy23
75% of cards issued is end-to-end digital>>improve margins
Path to profitability #PBFintech
1️⃣ Renewal expansion
Most of the costs to acquire new user is booked in 1st year. Hence Operating margins in renewal > 85%
It took 14 years to get to renewal ARR to ₹210 crores & then 1 year to increase it by ₹105 crores!! #exponential ⬆️
1️⃣ Renewal expansion
Most of the costs to acquire new user is booked in 1st year. Hence Operating margins in renewal > 85%
It took 14 years to get to renewal ARR to ₹210 crores & then 1 year to increase it by ₹105 crores!! #exponential ⬆️
