1. India Stocks

  2. •

    Financial Services

  3. •

    Insurance - Brokers
PB Fintech Limited

PB Fintech Limited

POLICYBZR.NS
PB Fintech LimitedIN flagNational Stock Exchange of India
1,580.40
INR
+7.90
- -
731.24BMarket Cap
PB Fintech Limited
POLICYBZR.NS
(National Stock Exchange of India)

Recent

price

1,580.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
10.95
17.16
24.27
34.79
57.49
76.89
109.56
147.86
112.61
Revenue per Share
-7.72
-6.76
-4.11
-20.34
-10.95
1.5
7.75
14.58
11.63
Basic EPS, GAAP
-7.06
-8.82
0.63
-39.09
-8.33
-1.22
-6.17
-0.84
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-14.08
-20.77
-29.74
-44.71
-51.99
-50.31
-41.87
2.01
2.01
Book Value per Share
10.84
28.01
54.39
131.54
122.3
130.48
141.57
159.02
158.82
Tangible Book Value per Share
449
449
365
410
445
447
454
459
460
Basic Weighted Avg Shares
4,922
7,713
8,867
14,249
25,578
34,377
49,772
67,940
51,805
Sales/Revenue/Turnover
-74.38
-47.36
-21.97
-66.28
-28.35
-7.99
-0.57
5.49
5.97
Operating Margin (%)
304
473
414
428
638
887
1,213
1,360
1,021
Depreciation Expense
-3,468
-3,040
-1,502
-8,329
-4,872
670
3,521
6,699
5,351
Net Income, GAAP
- -
- -
- -
- -
- -
16.47
8.91
5.26
5.32
Effective Tax Rate (%)
-70.45
-39.42
-16.94
-58.45
-19.05
1.95
7.07
9.86
10.33
Profit Margin (%)
3,525
11,079
19,185
52,342
35,713
42,029
31,019
33,840
33,840
Working Capital
644
935
958
1,415
1,938
2,141
2,756
3,048
3,048
LT Debt
4,903
12,658
19,917
54,117
54,848
58,765
64,378
73,175
73,175
Total Equity
- -
- -
- -
- -
- -
-3.88
-0.4
4.9
4.06
Return on Invested Capital (%)
- -
- -
- -
- -
- -
-4.51
-21.47
-126.33
-100.59
Return on Capital (%)
- -
- -
- -
- -
- -
74.31
- -
- -
714.22
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
554
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
3,048
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
458
- -
462
Market Capitalization
777,286
836,998
656,866

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
- -
- -
43,760
Cash, Cash Equivalents & STI
- -
- -
25,516
Accounts Receivable, Net
- -
- -
17,287
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
9,920
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
554
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
40.68%
13.66%
Free Cash Flow
- -
-1,386.06%
-86.3%
Net Income, GAAP
- -
163.01%
90.29%
Sales/Revenue/Turnover
- -
51.18%
36.5%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,656
8,116
8,709
10,896
34,377
2025
10,105
11,672
12,916
15,079
49,772
2026
13,480
- -
17,712
20,613
67,940

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.26
-0.45
0.85
- -
1.5
2025
1.34
1.12
1.57
3.71
7.75
2026
1.85
- -
4.11
5.65
14.58

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Reliance Global Group, Inc. (EZRA)
FP Partner Inc. (7388.T)
Fanhua Inc. (FANH)
Shouhui Group Limited (2621.HK)
Sabre Insurance Group plc (SBIGY)
Tian Ruixiang Holdings Ltd (TIRX)
Business
PB Fintech Limited (NSE: POLICYBZR) operates India's leading online platforms for insurance and lending products through its flagship brands Policybazaar, Paisabazaar, and Pensionbazaar. Policybazaar provides end-to-end insurance solutions including health, term life, motor, travel, and savings products; Paisabazaar offers credit marketplace services for personal loans, business loans, home loans, loans against property, and credit cards, along with credit score access; Pensionbazaar focuses on pension product distribution. The company also delivers insurance broking, online healthcare services, motor vehicle claims support, call center operations, and online marketing/consulting for financial services providers. Founded in 2008 and headquartered in Gurugram, Haryana, India, PB Fintech serves retail consumers and B2B partners primarily in India, with international operations in the United Arab Emirates via wholly-owned subsidiary PB Fintech FZ-LLC. Recent developments include the May 2025 launch of PB Health, a healthcare venture securing $218 million in seed funding led by General Catalyst with participation from Faering Capital, Bay Capital, and others; PB Fintech invested $62 million for a 26%-32% stake to build 4-5 hospitals near New Delhi by 2027 and expand to 25-30 across ten cities, integrating insurance with hospital and preventive care services. In late 2025, PB Health acquired Fitterfly, a digital health platform for diabetes reversal, obesity management, and heart health programs, enhancing its out-of-hospital network.