My fav fintech company fresh buy above 820 however holding from much lower levels
In FY27, #PolicyBazar aims to achieve an impressive milestone of INR 10 billion or more in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excluding ESOP (Employee Stock Ownership Plan) expenses. 📊 This ambitious goal is expected to be driven by a core premium Compound Annual Growth Rate (CAGR) of approximately 30%, which includes renewals. 💼
Key assumptions supporting this target include:
1. Core Premium and Disbursement: The company plans to generate INR 230 billion in core premium and INR 250 billion in disbursements during FY27. 💰
2. Take Rates: The company expects take rates of around 16% in insurance and 3.5% in lending, contributing to its revenue streams. 📈
3. Contribution Margin: A healthy contribution margin of 48% is anticipated, indicating efficient cost management. 💹
4. Fixed Costs: The fixed cost is projected to be approximately INR 11 billion. 💼
5. Claim Settlement Quality: The company places a strong emphasis on high-quality claim settlements, considering this a crucial factor for success. Superior claim settlement is seen as a competitive advantage and a key driver for market positioning. 🏆
6. PB Fintech's Advantage: PB Fintech boasts a superior claim settlement ratio, with a notable 9-percentage-point lead compared to other distribution channels, especially in health insurance. This impressive performance is attributed to sharp risk assessment and real-time monitoring of claims, fraud prevention, and mis-selling control. It's important to note that this information is based on company disclosures in Q1FY23 and may have improved further. 📈
7. Health Insurance Focus: The company's primary focus is on health insurance, accounting for more than 85% of its renewal revenue. This strategic choice positions PB Fintech well in the growing health insurance sector. 🏥
8. Paradigm Shift: The document suggests that there's a fundamental difference between lending and insurance in terms of customer-centricity. While lending is typically customer-centric, insurance has historically been distributor-centric. However, the document hints at a potential shift toward greater customer-centricity in the insurance business, driven by a higher focus on quality, particularly in claims settlement. This shift could represent a significant change in the industry's dynamics. 🔄
#FinanceGoals #InsuranceIndustry #CustomerCentricity #PBSuccess 🚀📈
In summary, PB Fintech has set ambitious financial targets for FY27, backed by strong assumptions and a focus on quality, especially in claims settlement. The company's superior performance in this area, particularly in health insurance, is seen as a potential catalyst for redefining the industry's dynamics toward greater customer-centricity. 🏆📊
In FY27, #PolicyBazar aims to achieve an impressive milestone of INR 10 billion or more in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excluding ESOP (Employee Stock Ownership Plan) expenses. 📊 This ambitious goal is expected to be driven by a core premium Compound Annual Growth Rate (CAGR) of approximately 30%, which includes renewals. 💼
Key assumptions supporting this target include:
1. Core Premium and Disbursement: The company plans to generate INR 230 billion in core premium and INR 250 billion in disbursements during FY27. 💰
2. Take Rates: The company expects take rates of around 16% in insurance and 3.5% in lending, contributing to its revenue streams. 📈
3. Contribution Margin: A healthy contribution margin of 48% is anticipated, indicating efficient cost management. 💹
4. Fixed Costs: The fixed cost is projected to be approximately INR 11 billion. 💼
5. Claim Settlement Quality: The company places a strong emphasis on high-quality claim settlements, considering this a crucial factor for success. Superior claim settlement is seen as a competitive advantage and a key driver for market positioning. 🏆
6. PB Fintech's Advantage: PB Fintech boasts a superior claim settlement ratio, with a notable 9-percentage-point lead compared to other distribution channels, especially in health insurance. This impressive performance is attributed to sharp risk assessment and real-time monitoring of claims, fraud prevention, and mis-selling control. It's important to note that this information is based on company disclosures in Q1FY23 and may have improved further. 📈
7. Health Insurance Focus: The company's primary focus is on health insurance, accounting for more than 85% of its renewal revenue. This strategic choice positions PB Fintech well in the growing health insurance sector. 🏥
8. Paradigm Shift: The document suggests that there's a fundamental difference between lending and insurance in terms of customer-centricity. While lending is typically customer-centric, insurance has historically been distributor-centric. However, the document hints at a potential shift toward greater customer-centricity in the insurance business, driven by a higher focus on quality, particularly in claims settlement. This shift could represent a significant change in the industry's dynamics. 🔄
#FinanceGoals #InsuranceIndustry #CustomerCentricity #PBSuccess 🚀📈
In summary, PB Fintech has set ambitious financial targets for FY27, backed by strong assumptions and a focus on quality, especially in claims settlement. The company's superior performance in this area, particularly in health insurance, is seen as a potential catalyst for redefining the industry's dynamics toward greater customer-centricity. 🏆📊