India, May 14 -- India's digital insurance market is evolving rapidly, and Policybazaar appears to be strengthening its leadership with both scale and profitability. In FY26, the company grew insurance premiums by 42% to Rs29,934 crore, delivered Rss670 crore in profit, and continued its remarkable 60%+ health insurance growth for 13 straight quarters. But as Health matures into a proven business, investors are beginning to ask a bigger question: could term insurance, savings, or Paisabazaar become PolicyBazaar's next major growth engine?

With a market cap of Rs 76,400 crore, the shares of PB Fintech Ltd are trading at Rs 1,650 and are trading at a PE of 114 compared to their industry's PE of 21.7. The shares have given a return of more...