PB Fintech Limited
NSE: POLICYBZR · Financial Technology (Fintech) · sector
₹1,023.00NSE close 2026-10-26
Key numbers
Market cap₹47,334 cr
Price₹1,023.00
52w high / low₹1,964 / ₹945
P/E63.0xSector median 73.3x
P/B6.5xSector median 3.6x
Book value₹158.0
Dividend yield–Sector median 0.23%
ROE10.9%Sector median 4.2%
ROCE–Sector median 4.4%
OPM8.4%Sector median 5.2%
Debt / equity–Sector median 0.07x
EV/EBITDA–Sector median 17.2x
Interest cover–
Current ratio–
Sales growth 3y+38.5%Sector median +32.8%
Profit growth 3y–Sector median +49.9%
PEG0.64x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 12 companies in Financial Technology (Fintech) (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2,116 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 49% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹1,023.00 on 2026-10-26: -47.9% from the 52-week high, +8.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹2,215.85 · low ₹980.00
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,167 | 1,292 | 1,508 | 1,348 | 1,614 | 1,771 | 2,061 | 1,888 |
| EBITDA | -8 | 28 | 113 | 34 | 98 | 159 | 218 | 139 |
| OPM % | -0.7% | 2.1% | 7.5% | 2.6% | 6.1% | 9.0% | 10.6% | 7.4% |
| Other income | 106 | 100 | 101 | 99 | 85 | 85 | 104 | 93 |
| Net profit | 51 | 72 | 171 | 85 | 135 | 189 | 261 | 163 |
| EPS (₹) | 1.12 | 1.57 | 3.73 | 1.85 | 2.94 | 4.11 | 5.65 | 3.53 |
| Revenue YoY | +38.2% | +37.1% | +36.7% | +40.1% | ||||
| Profit YoY | +166.2% | +164.7% | +53.0% | +92.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,425 | 2,558 | 3,438 | 4,977 | 6,794 | 7,334 |
| EBITDA | -902 | -662 | -186 | 135 | 509 | 614 |
| Net profit | -833 | -487 | 64 | 353 | 670 | 748 |
| EPS (₹) | 20.34 | -10.97 | 1.50 | 7.77 | 14.58 | 16.23 |
| Revenue growth | +79.5% | +34.4% | +44.8% | +36.5% | +38.0% | |
| Profit growth | – | – | +448.1% | +89.8% | +98.2% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +38.5% | – | +38.0% |
| Net profit | – | – | +98.3% |
| EPS | – | – | – |
| Share price | – | -22.4% (2y) | -38.4% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 5,476 | 5,871 | 6,432 | 7,312 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 1,325 | 1,159 | 1,433 | 2,116 |
| Total assets | – | 6,254 | 6,729 | 7,529 | 8,707 |
| Fixed assets | – | 270 | 315 | 411 | 430 |
| Capital work in progress | – | – | – | – | 0 |
| Investments | – | 60 | 889 | 1,518 | 1,302 |
| Receivables | – | 677 | 651 | 1,000 | 1,729 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 306 | 301 | 367 | 471 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -1,568 | -299 | 9 | -183 | 41 |
| Cash from investing | -2,127 | 41 | 301 | 458 | 214 |
| Cash from financing | 3,621 | -43 | -57 | -73 | -81 |
| Capex | 33 | 66 | 63 | 97 | 80 |
| Free cash flow | -1,601 | -365 | -55 | -280 | -38 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -8.9% | 1.1% | 5.5% | 9.2% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| FIIs | 27.12% |
| DIIs | 44.86% |
| of which Mutual funds | 35.49% |
| of which Insurance | 4.47% |
| Public (non-institutions) | 27.89% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public holders above 1% | % |
|---|---|
| Hdfc Trustee Company Limited-Hdfc Flexi Cap Fund | 6.68% |
| Info Edge (India) Limited | 6.47% |
| Icici Prudential Large & Mid Cap Fund | 4.31% |
| Nps Trust- A/C Sbi Pension Fund Scheme - State Govt | 4.28% |
| Diphda Internet Services Limited | 4.08% |
| Macritchie Investments Pte Ltd | 4.01% |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Midcap Fund | 3.63% |
| Yashish Dahiya | 3.30% |
| Mirae Asset Large & Midcap Fund | 2.89% |
| Nippon Life India Trustee Ltd-A/C Nippon India Multi Cap Fund | 2.21% |
| Tata Digital India Fund | 2.09% |
| Startup Investments (Holding) Limited | 1.87% |
| Franklin India Mid Cap Fund | 1.72% |
| Hdfc Life Insurance Company Limited | 1.66% |
| Motilal Oswal Midcap Fund | 1.61% |
2,48,207 shareholders. Pledged: – of promoter shares.
Peers in Financial Technology (Fintech)
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PAYTM | ₹1,05,901 cr | 162.9x | 6.6x | 4.2% | – | 5.2% | +1.8% | – |
| POLICYBZR | ₹47,334 cr | 63.0x | 6.5x | 10.9% | – | 8.4% | +38.5% | – |
| CCAVENUE | ₹41,841 cr | 118.6x | 8.8x | 6.9% | 7.4% | 4.0% | +60.5% | 0.00% |
| PINELABS | ₹17,868 cr | 137.0x | 3.0x | 2.2% | – | 14.3% | – | – |
| MPIMANIPAL | ₹6,830 cr | – | – | – | – | – | – | – |
| STYL | ₹5,072 cr | 18.9x | 3.6x | 18.5% | 24.6% | 26.2% | – | 0.34% |
| NPST | ₹3,420 cr | 73.3x | 7.8x | 18.7% | 13.6% | 25.1% | – | 0.12% |
| MOBIKWIK | ₹1,681 cr | – | 3.1x | -2.2% | 1.5% | -0.6% | – | – |
| TURTLEMINT | ₹1,584 cr | – | 5.2x | -60.4% | -62.4% | -16.9% | – | – |
| WSFX | ₹78 cr | 12.2x | 1.9x | 16.1% | 20.9% | 9.1% | +32.8% | 2.41% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Insurance broker services | ₹6,089 cr | 89.6% | ₹861 cr | 14.1% |
| Other services | ₹705 cr | 10.4% | ₹-116 cr | -16.5% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Information and Communication: Other information & communication service activities
| Sector | Financial Services |
| Industry | Financial Technology (Fintech) |
| Sub-industry | Financial Technology (Fintech) |
| Symbol | POLICYBZR |
| BSE code | 543390 |
| ISIN | INE417T01026 |
| Face value | ₹2.0 |
| Incorporated | 2008-06-04 |
| Website | www.pbfintech.in |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.