POLICYBZRFinancial Services

PB Fintech Limited

Financial Technology (Fintech) · ISIN INE417T01026 · BSE 543390 · NSE EQ · FV ₹2
Last price
₹1,765
-3.40%today
What this company does

PB Fintech Limited operates in Financial Technology (Fintech), part of the Financial Services sector. It booked ₹1,888 cr of revenue in its latest quarter (Q1 FY27) and kept 8.6% of sales as profit. It is the 2nd largest of 9 Financial Technology (Fintech) companies we track, by market value.

Their stated mission

is to empower customers with knowledge about the significance of insurance in securing their family’s financial future.

In the report:
47out of 100
Equitytale Health Score
Mixed

Healthier than 47% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 54–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
49

At close. Not part of the score.

Profitability & returns34

How much profit it earns on the money it employs

Cash quality29

Whether reported profit actually arrives as cash

Growth & consistency80

Whether sales and profit have grown, and how steadily

Valuation5

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 40% vs last year
Profit up 93% vs last year
No promoter shares pledged
Virtually debt-free
Watch-outs
! Operating cash flow is negative

What if I invest in POLICYBZR?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,765 -3.40%
latest close · 2026-09-17
52-wk low ₹540198 sessions so far52-wk high ₹1,875
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio125.0High
LowAverageHigh
P/B ratio11.17High
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity8.9%Fair
WeakFairStrong ▸15%
Return on capital10.0%Fair
WeakFairStrong
Net margin8.6%Decent
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Current ratio4.41Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹81,667 cr
Book value
₹158
EPS
₹3.53
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
7.5%
Earnings yield
0.80%
P/S
10.81
Sales / share
₹163.2
Tax rate
8.7%
Face value
₹2
Shares
46.3 cr
Working capital
₹3,384 cr
Current assets
₹4,376 cr
Current liabilities
₹992 cr
Delivery %
53.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹28₹49, midpoint ₹38

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,888 cr
Other Income₹93 cr
Total Income₹1,981 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹716 cr
Finance Costs₹11 cr
Depreciation & Amortisation₹40 cr
Other Expenses₹1,033 cr
Total Expenses₹1,800 cr
Profit before Tax₹181 cr
Tax Expense₹16 cr
Share of JV / Associates₹-2 cr
Net Profit₹163 cr
Net margin on total income8.2%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹716 cr36.2%
Finance costs₹11 cr0.6%
Depreciation & amortisation₹40 cr2.0%
Other expenses₹1,033 cr52.2%
Tax expense₹16 cr0.8%
Profit for the period₹163 cr8.2%
Total income ₹1,981 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,771 cr2,061 cr1,888 cr
Total income1,856 cr2,166 cr1,981 cr
Expenses1,655 cr1,888 cr1,800 cr
Profit before tax201 cr278 cr181 cr
Tax12 cr11 cr16 cr
Net profit (owners' share)189 cr261 cr163 cr
Net margin (owners' share, on revenue)10.7%12.7%8.6%
EPS (₹)4.115.653.53
YoY (latest quarter): total income +37.0% · net profit +92.6%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹8,707 cr
Shareholder equity
₹7,312 cr
parent shareholders
Total debt
₹0 cr
Cash
₹746 cr
Cash flow · H1 FY26
Operating
₹-111 cr
Investing
₹-170 cr
Financing
₹-42 cr
Peer comparison
Financial Technology (Fintech) · by market value
CompanyPriceMarket capP/E
One 97 Communications Limited₹1,763₹1.13 L cr128.1
PB Fintech Limitedthis company₹1,765₹81,667 cr125.0
Pine Labs Limited₹184₹21,287 cr271.3
Seshaasai Technologies Limited₹366₹5,920 cr24.5
AvenuesAI Limited₹16₹5,699 cr17.0
Turtlemint Fintech Solutions Limited₹132₹3,878 cr
Network People Services Technologies Limited₹1,855₹3,869 cr88.2
One Mobikwik Systems Limited₹199₹1,564 cr51.2
Suvidhaa Infoserve Limited₹2₹46 cr
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
FII / Foreign
37.3%
DII / Domestic
40.4%
Retail / others
22.1%
Smart-money activity
Insider trades
SoldEtechaces Employees Stock Option Plan Trust · Other55.22 L · ₹1.1 cr12 May 22
SoldEtechaces Employees Stock Option Plan Trust · Other25,000 · ₹50,0004 Apr 22
SoldEtechaces Employees Stock Option Plan Trust · Other45.67 L · ₹91.3 L16 Feb 22
Bulk / block deals
short · NSE609 Sep 26
short · NSE108 Sep 26
short · NSE52 Sep 26
Stake changes
BoughtHDFC Mutual Fund→ 5.02% · 1.29 L14 Jul 26
BoughtHDFC Mutual Fund→ 5.02% · 1.29 L14 Jul 26
SoldMacRitchie Investments Pte. Ltd→ 4.01% · 1.14 cr3 Jul 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 26 Sep 2025
See the official result
1
1 - To receive, consider and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
39.79 cr votes for, 431 against · 0% of mutual funds and other big investors said no
2
2 - To re-appoint Mr. Yashish Dahiya (DIN: 00706336) as a director, who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 95% of shareholders other than promotersneeded 50%
37.67 cr votes for, 2.12 cr against · 8% of mutual funds and other big investors said no
3
3 - To appoint M/s. Dhananjay Shukla & Associates with Registration No. P2025HR323300 as Secretarial Auditor of the Company for a period of 5 (Five) years.
Backed by 100% of shareholders other than promotersneeded 50%
39.89 cr votes for, 433 against · 0% of mutual funds and other big investors said no
4
4 - To approve the re-appointment of Mr. Yashish Dahiya (DIN: 00706336) as Chairman, Executive Director and Chief Executive Officer of the Company and approval of remuneration.
Backed by 90% of shareholders other than promotersneeded 75%
35.71 cr votes for, 4.08 cr against · 15% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹5,710 cr raised in Nov 2021 by selling shares to the public

As of Mar 2026, the company says it has spent 89% of what it set aside, leaving ₹424 cr still to be spent. ICICI Bank Limited watches the spending on the exchange’s behalf.

Enhancing visibility and awareness of our brands, including but not limited to "Policybazaar" and "Paisabazaar"
100%
₹1,500 cr of ₹1,500 cr
New opportunities to expand growth initiatives to increase our Consumer base including offline presence
originally ₹375 cr
budget changed
100%
₹799 cr of ₹799 cr
Funding Strategic investments and acquisitions
71%
₹426 cr of ₹600 cr
Expanding our presence outside India
33%
₹125 cr of ₹375 cr
General corporate purposes
100%
₹763 cr of ₹763 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.