PB Fintech
Market cap ₹83,053 Cr
- P/E
- 110.94
- Day range
- ₹1,757.30 – ₹1,813.30
- 52-week range
- ₹1,364.00 – ₹1,964.20
- Volume
- 5.64 L
- Open
- ₹1,783.00
- Prev close
- ₹1,800.00
Price history
Futures & options
NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026
- Near-month future
- ₹1,801.6
- Change
- -0.09%
- Basis over spot
- +₹4.31
- Futures OI (shares)
- 61.1 L
- OI change
- -1.20%
- Put-call ratio
- 1.06
- Max pain
- ₹1,800
- Resistance (call OI)
- ₹1,800
- Support (put OI)
- ₹1,800
- Lot size
- 350
Open interest by strike
Calls open above (resistance) and puts below (support), in shares
- Call OI
- Put OI
Futures open interest and price
Near-month future, day by day since collection began
The daily history builds from each close.
Key metrics
- P/E (TTM)
- 111.6
- EPS (TTM)
- ₹16.07
- ROE (FY26)
- 9.7%
- ROCE (latest year)
- 10%
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
Bars in ₹ crore (a loss shows red); line is operating margin
- Revenue
- Net profit
- Operating margin
Who owns the company
Shareholding as of Jun 2026
- DII
- FII
- Public
- Others
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); line is debt-to-equity
- Equity
- Debt
- Debt / equity
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 812 | 871 | 1,090 | 1,010 | 1,167 | 1,292 | 1,508 | 1,348 | 1,614 | 1,771 | 2,061 | 1,888 |
| Expenses | 901 | 898 | 1,085 | 1,050 | 1,175 | 1,264 | 1,396 | 1,314 | 1,516 | 1,612 | 1,849 | 1,751 |
| Operating Profit | -89 | -27 | 5 | -39 | -8 | 28 | 112 | 34 | 98 | 159 | 212 | 137 |
| OPM % | -11% | -3.1% | 0.5% | -3.9% | -0.7% | 2.1% | 7% | 2.5% | 6% | 9% | 10% | 7% |
| Other Income | 97 | 94 | 98 | 141 | 106 | 100 | 101 | 100 | 87 | 85 | 104 | 93 |
| Interest | 7 | 6 | 7 | 6 | 9 | 9 | 9 | 9 | 9 | 9 | 10 | 11 |
| Depreciation | 22 | 23 | 24 | 25 | 29 | 34 | 33 | 33 | 34 | 34 | 35 | 40 |
| Profit before tax | -21 | 37 | 73 | 71 | 60 | 85 | 171 | 92 | 142 | 201 | 272 | 179 |
| Tax % | -1% | 0% | 17% | 15% | 15% | 16% | 0% | 8% | 5% | 6% | 4% | 9% |
| Net Profit | -21 | 37 | 60 | 60 | 51 | 72 | 170 | 85 | 135 | 189 | 261 | 163 |
| EPS in Rs | ₹-0.45 | ₹0.84 | ₹1.34 | ₹1.32 | ₹1.11 | ₹1.56 | ₹3.70 | ₹1.84 | ₹2.94 | ₹4.09 | ₹5.64 | ₹3.52 |
From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.
Strengths, risks & growth
PB Fintech Ltd, popularly known as Policy Bazar is India’s largest online platform for insurance and lending products through its flagship brands - Policybazaar and Paisabazaar platform through which they provide convenient access to insurance, credit and other financial products [1]
Strengths
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 41.9% CAGR over last 5 years
- Company's median sales growth is 46.1% of last 10 years
- Company's working capital requirements have reduced from 171 days to 68.1 days
Risks
- Stock is trading at 11.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 5.58% over last 3 years.
- Earnings include an other income of Rs.370 Cr.
Compounded Sales Growth
- 10 Years
- +54%
- 5 Years
- +50%
- 3 Years
- +38%
- TTM
- +38%
Compounded Profit Growth
- 10 Years
- +22%
- 5 Years
- +42%
- 3 Years
- +50%
- TTM
- +99%
Stock Price CAGR
- 10 Years
- —
- 5 Years
- —
- 3 Years
- +32%
- 1 Year
- -1%
Return on Equity
- 10 Years
- —
- 5 Years
- -1%
- 3 Years
- +6%
- Last Year
- +10%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Change |
|---|---|---|---|---|---|
| FII | 43.64% | 40.77% | 39.94% | 37.29% | -2.65 pp |
| DII | 26.63% | 29.54% | 36.72% | 40.42% | +3.70 pp |
| Public | 29.47% | 29.55% | 23.19% | 22.14% | -1.05 pp |
| Others | 0.27% | 0.14% | 0.14% | 0.14% | 0.00 pp |
Filed with NSE for Jun 2026: promoters 0.00%, public 99.86% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 28.32% (+2.38 pp)- Promoters0.0%
- Foreign institutions37.3%
- Mutual funds28.3%
- Insurance7.3%
- Other domestic institutions4.8%
- Retail2.6%
- Others19.6%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| HDFC Mid Cap Fund | 2.21% | 1.69% | +0.16 pp |
| HDFC Flexi Cap Fund | 2.08% | 1.52% | +0.27 pp |
| Mirae Asset Large & Midcap Fund | 1.27% | 2.31% | +0.27 pp |
| Motilal Oswal Midcap Fund | 1.12% | 2.16% | -0.04 pp |
| Axis Midcap Fund | 0.99% | 2.32% | +0.85 pp |
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Low
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Corporate actions
Company announcements
Please find enclosed the intimation for allotment of equity shares under PB Fintech Employees Stock Option Plan 2021
Please find enclosed the Intimation of Schedule of Analyst Meet on September 16, 2026
Please find enclosed the Intimation of Schedule of Analyst Meet on September 14, 2026
Please find enclosed herewith e-copies of the newspaper advertisement confirming dispatch of Notice of 18th AGM of the Company along with the Annual Report for FY 2025-26 and e-voting ....
Please find enclosed the intimation regarding dispatch of physical communication to shareholders for Notice and Annual Report who have not registered their email address.
Please find enclosed the Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26
Please find enclosed the Integrated Annual Report for the financial year 2025-26.
Please find enclosed the Notice convening 18th Annual General Meeting of the Company schedule to be held on September 28, 2026
Please find enclosed herewith copies of newspaper advertisement regarding 18th Annual General Meeting of the Company.
Please find enclosed the Intimation of Analyst Meet scheduled to be held from September 08-10, 2026.
Please find enclosed the disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015
Please find enclosed the Intimation of Schedule of Analyst Meet on August 17-18, 2026.
Please find enclosed Transcript of the Earnings Call conducted on August 05, 2026
Newspaper Publication of Financial Results ("Results") for the quarter ended June 30, 2026.
In furtherance to our earlier communication dated July 31, 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to ....
Filed with BSE (scrip 543390); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Regulatory orders
- Settlement order
Settlement Order in the matter of Shri Yashish Dahiya (Chairperson & CEO of PB Fintech Ltd. in the scrip of PB Fintech Ltd).
4 Mar 2025Read on SEBI
Documents
Annual reports
Earnings calls
- Aug 2026Transcript
- May 2026TranscriptSlidesRecording
- Feb 2026TranscriptSlidesRecording
- Nov 2025TranscriptSlidesRecording
- Aug 2025TranscriptSlidesRecording
- May 2025TranscriptSlides
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 30 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.
