Guidance ledger · Q4 FY26

PB Fintech Ltd POLICYBZR

3 revisions on record · 0 lowered · 3 raised — the strikethrough is what management used to say

directional guidance only · held across quarters

Holding view → · latest concall · The pulse

↑ raised Paisabazaar EBITDA trajectory Q1 FY26 → Q4 FY26

~~may barely hit ₹64 Cr in 2027 (Q1FY26)~~ → positive on EBITDA Q4FY26; significantly positive FY27 expected

“Paisabazaar, on an operating basis, is positive on EBITDA this quarter”

↑ raised New initiatives adj. EBITDA target Q1 FY26 → Q3 FY26

~~very close to zero by FY27 (Q1FY26 / Q2FY26)~~ → break-even or profitable from here onwards (Q3FY26)

“numbers which have become meaningless from a profit or loss perspective”

↑ raised Net-of-savings premium growth Q1 FY26 → Q3 FY26

~~±40% for 9 quarters (Q1FY26)~~ → 56% Q3FY26 then 59% Q4FY26 - structurally accelerated

“this number has been between 35% to 45% over the last 11 quarters”

Method. Revisions come from management's own stated numbers, compared quarter over quarter across the covered concalls; each carries the verbatim quote. “No revisions” can also mean guidance too vague to pin down — see the posture chip above. Not investment advice.