If you are using MSP360 Managed Backup you can use the Backup Storage tab in the management console and Quick Restore application to browse and restore individual files and folders - https://help.mspbackups.com/restore/quick-restore
With the legacy format, it was possible, but the New Backup Format only handles archives. Plus, there's this neat feature called Online Access. It lets you get into the Backup Storage tab without needing full console access or any extra software. https://help.mspbackups.com/organization/settings/online-access