Financial Technology (Fintech)
Valuation | |
|---|---|
| Market Cap | 70.3 kCr |
| Price/Earnings (Trailing) | 120.3 |
| Price/Sales (Trailing) | 10.64 |
| EV/EBITDA | 90.6 |
| Price/Free Cashflow | -276.94 |
| MarketCap/EBT | 116.71 |
| Enterprise Value | 70.06 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 6.61 kCr |
| Rev. Growth (Yr) | 33.3% |
| Earnings (TTM) | 579.63 Cr |
| Earnings Growth (Yr) | 164.8% |
Profitability | |
|---|---|
| Operating Margin | 9% |
| EBT Margin | 9% |
| Return on Equity | 8.56% |
| Return on Assets | 7.3% |
| Free Cashflow Yield | -0.36% |
Growth & Returns | |
|---|---|
| Price Change 1W | 1.2% |
| Price Change 1M | -9.2% |
| Price Change 6M | -14.3% |
| Price Change 1Y | 0.90% |
| 3Y Cumulative Return | 38.7% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | 457.68 Cr |
| Cash Flow from Operations (TTM) | -183.14 Cr |
| Cash Flow from Financing (TTM) | -72.69 Cr |
| Cash & Equivalents | 243.53 Cr |
| Free Cash Flow (TTM) | -280.26 Cr |
| Free Cash Flow/Share (TTM) | -6.1 |
Balance Sheet | |
|---|---|
| Total Assets | 7.94 kCr |
| Total Liabilities | 1.16 kCr |
| Shareholder Equity | 6.77 kCr |
| Current Assets | 3.36 kCr |
| Current Liabilities | 817.41 Cr |
| Net PPE | 405.27 Cr |
| Inventory | 0.00 |
| Goodwill | 1.38 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 15.51 |
| Interest/Cashflow Ops | -4.05 |
Dividend & Shareholder Returns | |
|---|---|
| Shares Dilution (1Y) | 0.80% |
| Shares Dilution (3Y) | 2.8% |
Investor Care | |
|---|---|
| Shares Dilution (1Y) | 0.80% |
| Earnings/Share (TTM) | 12.63 |
Financial Health | |
|---|---|
| Current Ratio | 4.11 |
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 45.22 |
| RSI (5d) | 56.77 |
| RSI (21d) | 42.31 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Insider Trading: There's significant insider buying recently.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Strong Balance Sheet.
Past Returns: Outperforming stock! In past three years, the stock has provided 38.7% return compared to 13.4% by NIFTY 50.
Smart Money: Smart money has been increasing their position in the stock.
Profitability: Recent profitability of 9% is a good sign.
Technicals: Bullish SharesGuru indicator.
Size: It is among the top 200 market size companies of india.
Growth: Awesome revenue growth! Revenue grew 33.2% over last year and 169.1% in last three years on TTM basis.
Momentum: Stock has a weak negative price momentum.
Dividend: Stock hasn't been paying any dividend.
Insider Trading: There's significant insider buying recently.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Strong Balance Sheet.
Past Returns: Outperforming stock! In past three years, the stock has provided 38.7% return compared to 13.4% by NIFTY 50.
Smart Money: Smart money has been increasing their position in the stock.
Profitability: Recent profitability of 9% is a good sign.
Technicals: Bullish SharesGuru indicator.
Size: It is among the top 200 market size companies of india.
Growth: Awesome revenue growth! Revenue grew 33.2% over last year and 169.1% in last three years on TTM basis.
Momentum: Stock has a weak negative price momentum.
Dividend: Stock hasn't been paying any dividend.
Updated May 4, 2025
Summary of PB Fintech's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the recent earnings call on February 2, 2026, management presented a robust outlook for PB Fintech, highlighting significant growth across various segments. The total premium increased by 45% year-over-year (YoY), with new protection premiums up 68%, and health insurance premiums soaring by 79%. The company's profit after tax (PAT) surged by 165% YoY to Rs.189 crore, reflecting strong operational performance. Notably, the adjusted EBITDA grew 154% YoY to Rs.199 crore, improving margins from 6% to 11%.
For the quarter, the core online insurance premium rose by 44%, while lending disbursements saw an impressive rise of 84% YoY. Management emphasized the rising customer trust in their claim support services, which has established Policybazaar as a leader in insurance distribution. A key highlight was the rolling annual run rate (ARR) for core renewal trail revenue, now at Rs.841 crore, a substantial increase from Rs.538 crore YoY.
On the international expansion front, management is considering markets in the Middle East and Europe, emphasizing high growth potential and familiarity with these regions. They aim to leverage their strength in India, where they hold a 93% market share in certain segments.
Management confirmed plans for a Qualified Institutional Placement (QIP) approval board meeting scheduled for February 5, where strategies for capital deployment aimed at enhancing international operations will be discussed. There's also ambition for their new initiatives to break even or reach profitability soon.
In summary, management's outlook is bullish, underpinned by impressive growth numbers and a strategic focus on enhancing international presence, maintaining a strong customer-centric approach, and effectively navigating market dynamics.
Understand PB Fintech ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Makesense Technologies Limited | 12.94% |
| Diphda Internet Services Limited | 4.08% |
| Nps Trust- A/C Sbi Pension Fund Scheme - State Govt | 3.95% |
| YASHISH DAHIYA | 3.86% |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Midcap Fund | 2.99% |
| New World Fund Inc | 2.5% |
| Tencent Cloud Europe B.V. |
Detailed comparison of PB Fintech against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| HDFCLIFE | HDFC LIFE INSURANCE Co. | 1.65 LCr | - | +3.20% | +18.20% | - | - | - | - |
| SBICARD | SBI CARDS AND PAYMENT SERVICES | 75.06 kCr | 20.36 kCr |
Comprehensive comparison against sector averages
POLICYBZR metrics compared to Financial
| Category | POLICYBZR | Financial |
|---|---|---|
| PE | 120.30 | 16.61 |
| PS | 10.64 | 2.38 |
| Growth | 33.2 % | 8.3 % |
PB Fintech is a prominent Financial Technology (Fintech) company, listed under the stock ticker POLICYBZR. With a market capitalization of Rs. 74,269.8 Crores, it operates an extensive online platform for insurance and lending products, both in India and internationally.
The company's operations are divided into two distinct segments: Insurance Services and Other Services. Through its flagship platform, Policybazaar, consumers can purchase a variety of insurance products, including health, term, motor, and travel insurance. Additionally, Policybazaar offers savings and investment products, along with B2B services tailored for consumers and insurance partners.
Moreover, PB Fintech is known for Paisabazaar, an independent digital lending platform that assists users in comparing, choosing, and applying for personal credit products, such as personal loans, business loans, home loans, credit cards, and loans against property.
Beyond these services, the company also provides:
Founded in 2008 and headquartered in Gurugram, India, PB Fintech reported a trailing 12 months revenue of Rs. 4,963.9 Crores and has experienced a 38.6% growth in revenue over the past year. However, it is notable that the company has diluted its shareholders' stakes by 2.2% over the last three years.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
POLICYBZR vs Financial (2022 - 2026)
Pb Fintech recently reported a quarterly net profit of Rs 71.54 Crores.
General • 06 Feb 2026 Please find attached the disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 |
Earnings Call Transcript • 06 Feb 2026 Please find enclosed Transcript of Earnings Call conducted on February 02, 2026 |
General • 05 Feb 2026 Please find enclosed herewith the intimation for cancellation of Board Meeting. |
Newspaper Publication • 04 Feb 2026 Newspaper Publication of Financial Results for the quarter and nine months ended December 31, 2025 |
Monitoring Agency Report • 02 Feb 2026 Please find attached Monitoring Agency Report for the quarter ended December 31, 2025 |
Analyst / Investor Meet • 02 Feb 2026 |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
1. Sachin Salgaonkar: "What is management's thought process regarding investments in international markets post the QIP announcement?"
Answer: Our board meeting is scheduled for February 5th regarding the QIP. We're exploring markets in the Middle East, Southeast Asia, and Europe based on size, our ability to transform them, and our comfort with these markets. While we haven't identified targets yet, our Indian business is strong, showing 93% market share growth, especially in health, which grew at around 60%. We believe expanding internationally is opportune given our current standing.
2. Sachin Salgaonkar: "Can you clarify the impact of transitioning to a COR-based model for health and term, and the overall premium growth expectations?"
Answer: The transition is ongoing, emphasizing quality over commission, particularly in health. Though the impact will be clearer in subsequent quarters, nothing drastic is expected. Our growth rate is driven by customer trust, enabling us to settle claims effectively. While premium prices are stable, we attribute our quarterly growth to strategic customer engagement rather than sudden market changes or commission adjustments that would significantly skew expectations.
3. Sachin Dixit: "Where does the growth in your Core insurance new business premium stem from?"
Answer: Our protection business has grown by 68%, constituting over half our revenue. The virtuous cycle we've established through effective consumer engagement and disclosures has driven this growth. We've invested time in educating customers about the importance of health and term insurance, which helps in long-term customer relationships and supports premium growth.
4. Manas Agrawal: "How do you view the new MGA framework, and do you plan to underwrite policies under Policybazaar's name?"
Answer: The MGA framework is transformative, allowing distributors to manage underwriting and claims while working closely with insurers. Our goal is to enhance customer engagement and make insurance more accessible. We might not prioritize branding our own policies; instead, it's essential to focus on empowerment within the distribution model to facilitate better insurance penetration.
5. Nidhesh Jain: "Is the GST impact behind us, and how should we view customer acquisition costs going forward?"
Answer: It's optimistic to say GST benefits will sustain indefinitely. While we see growth post-GST, it's essential to continuously educate consumers about insurance value. Our focus remains on refining customer acquisition through diverse marketing strategies, leading to decreased customer acquisition costs over the past three years, emphasizing demand generation and brand awareness as key priorities.
Feel free to ask for further elaborations or additional questions!
| 2.09% |
| Hdfc Mutual Fund - Hdfc Mid-Cap Fund | 2.07% |
| Franklin India Focused Equity Fund | 1.88% |
| Startup Investments (Holding) Limited | 1.87% |
| Mirae Asset Large & Midcap Fund | 1.63% |
| Hdfc Life Insurance Company Limited | 1.62% |
| ALOK BANSAL | 1.16% |
| Tata Digital India Fund | 1.1% |
| Vanguard Total International Stock Index Fund | 1.07% |
| Motilal Oswal Large And Midcap Fund | 1.06% |
| Foreign Institutional Investors | 0.03% |
Distribution across major stakeholders
Distribution across major institutional holders
| +2.40% |
| -6.20% |
| 35.88 |
| 3.69 |
| - |
| - |
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High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
| Exceptional items before tax |
| - |
| 0 |
| 0 |
| 0 |
| 0 |
| 0 |
| 0 |
| Total profit before tax | 44.9% | 201 | 139 | 91 | 172 | 85 | 60 |
| Current tax | 78.3% | 12 | 7.17 | 7.69 | 0.79 | 14 | 9.27 |
| Total tax | 78.3% | 12 | 7.17 | 7.69 | 0.79 | 14 | 9.27 |
| Total profit (loss) for period | 40.3% | 189 | 135 | 85 | 171 | 72 | 51 |
| Other comp. income net of taxes | -89.6% | 1.92 | 9.85 | -2.61 | -6.52 | 2.46 | 0.88 |
| Total Comprehensive Income | 31.9% | 191 | 145 | 82 | 164 | 74 | 52 |
| Earnings Per Share, Basic | 60.3% | 4.11 | 2.94 | 1.85 | 3.73 | 1.57 | 1.12 |
| Earnings Per Share, Diluted | 63% | 4.08 | 2.89 | 1.82 | 3.67 | 1.55 | 1.09 |
| 16 |
| 29 |
| Total Expenses | 29.3% | 411 | 318 | 403 | 518 |
| Profit Before exceptional items and Tax | -101% | 0.58 | 45 | -74.16 | -300.25 |
| Exceptional items before tax | 1123.6% | 14 | -0.27 | 0 | 0 |
| Total profit before tax | -67.4% | 15 | 44 | -74.16 | -300.25 |
| Current tax | -93.1% | 1.49 | 8.06 | 0 | -0.56 |
| Total tax | -93.1% | 1.49 | 8.06 | 0 | -0.56 |
| Total profit (loss) for period | -65.7% | 13 | 36 | -74.16 | -299.68 |
| Other comp. income net of taxes | -18.8% | -0.77 | -0.49 | 0.19 | 0.94 |
| Total Comprehensive Income | -65.7% | 13 | 36 | -73.96 | -298.74 |
| Earnings Per Share, Basic | -268.4% | 0.3 | 0.81 | -1.67 | -7.32 |
| Earnings Per Share, Diluted | -222.7% | 0.29 | 0.78 | -1.67 | -7.32 |
| 10% |
| 5,377 |
| 4,888 |
| 4,925 |
| 4,741 |
| 3,917 |
| 3,797 |
| Total non-current financial assets | 7.8% | 6,369 | 5,907 | 5,240 | 4,879 | 4,786 | 5,155 |
| Total non-current assets | 8.8% | 6,545 | 6,016 | 5,274 | 4,936 | 4,827 | 5,198 |
| Total assets | 1.3% | 8,160 | 8,059 | 7,935 | 7,806 | 7,608 | 7,387 |
| Total non-current financial liabilities | - | 27 | 0 | 0.34 | 1.03 | 3 | 4.84 |
| Provisions, non-current | -29.5% | 1.98 | 2.39 | 2.62 | 2.56 | 2.37 | 3.03 |
| Total non-current liabilities | 1914.4% | 29 | 2.39 | 2.96 | 3.59 | 5.37 | 7.87 |
| Total current financial liabilities | -46.3% | 52 | 96 | 55 | 62 | 12 | 14 |
| Provisions, current | -2.7% | 2.09 | 2.12 | 2.66 | 2.34 | 2.09 | 1.96 |
| Total current liabilities | -44.4% | 56 | 100 | 59 | 73 | 15 | 16 |
| Total liabilities | -17.8% | 84 | 102 | 62 | 76 | 20 | 24 |
| Equity share capital | 0% | 92 | 92 | 91 | 90 | 90 | 90 |
| Total equity | 1.5% | 8,075 | 7,958 | 7,873 | 7,729 | 7,589 | 7,363 |
| Total equity and liabilities | 1.3% | 8,160 | 8,059 | 7,935 | 7,806 | 7,608 | 7,387 |
| Interest received |
| 106.9% |
| Other inflows (outflows) of cash | -53.4% |
| Net Cashflows From Investing Activities | 235.1% |
| Proceeds from issuing shares | 178.2% |
| Payments of lease liabilities | - |
| Interest paid | -87.5% |
| Other inflows (outflows) of cash | -19.3% |
| Net Cashflows from Financing Activities | 22% |
| Net change in cash and cash eq. | 57.1% |
Analyst / Investor Meet • 27 Jan 2026 Intimation of Earnings Call for Q3 FY 2025-26 |
Analysis of PB Fintech's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Insurance broker services | 88.8% | 1.6 kCr |
| Other services | 11.2% | 197.6 Cr |
| Total | 1.8 kCr |
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years