PB Fintech (POLICYBZR) had a P/E of 55.8× on 6 Nov 2026, and the shares are 51% below their 52-week high. Its ROE of 11% is the second-lowest among the 7 largest Insurance Brokers peers. For insurers, ROCE and debt-to-equity are not used; it trades at 5.75× book value. It is a mid-cap company with a market cap of ₹44,687 Cr, ranked 56th of 599 Insurance Brokers companies by market cap; the shares fell 47% over the past year.
- ₹966.70
- ₹967.60
- ₹945.60
- ₹972.00
- 20.6 L
Health check
- ReturnsBehind
−46.7% over a year, better than 0 of 7 peers.
- Price tagPricier
P/B 5.75 vs peer median 2.89.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityWeak
ROE 11.1% vs peer median 16.5%.
- Balance sheetSolid
Return on assets 3.83%. Bad-loan data isn’t covered.
- Red flags1 to check
51% below its 52-week high.
Mid cap
Defensive
Key metrics
- Market cap
- ₹44,687 Cr
- Mid cap
- P/E
- 55.8
- Industry 17.7
- Price to book
- 5.75
- Peers 2.89
- Dividend yield
- 0.00%
- ROE
- 11.1%
- Peers 16.5%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹17.32
- Face value ₹2
- OPM (TTM)
- 8.6%
- Net margin 10.2%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- +42.9%
- Latest quarter vs a year ago
- Price to sales
- 5.66
- EV/EBITDA 69.8
Strengths and risks
Strengths
- Quarterly profit up 42.9% on a year ago.
Risks to check
- 51% below its 52-week high.
About PB Fintech
PB Fintech Limited operates an online marketplace for insurance and lending products in India and the United Arab Emirates. It operates through two segments, Insurance Broker Services and Other Services. The company provides Policybazaar that enables consumers to compare, evaluate, and apply for insurance products, such as term, life, health, car, 2 wheeler, family health, travel, and home insurance products, as well as investment, guaranteed return,…
- Headquarters
- Gurugram
- Employees
- 28,014
- Sector
- Financial Services
- ISIN
- INE417T01026
- Website
- pbfintech.in
Price range
- Avg volume (3M)
- 39.9 L
- 1-year return
- minus 46.7%
- From 52-week high
- minus 50.8%
Analyst consensus
Peers · Insurance Brokers
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| HDFCBANKHDFC Bank | 788.25 | plus 3.72% | 12,16,451 | 17.2 | 2.00 | 11.0% | 12.5% | 1.65% | minus 22.9% |
| ICICIBANKICICI Bank | 1,571.20 | plus 4.75% | 11,28,255 | 19.3 | 2.89 | 16.5% | 16.8% | 0.76% | plus 12.2% |
| SBINState Bank of India | 1,018.50 | plus 1.20% | 9,40,138 | 10.4 | 1.40 | 14.7% | 14.4% | 1.70% | plus 5.1% |
| BAJFINANCEBajaj Finance | 1,087.75 | plus 1.66% | 6,77,005 | 31.3 | 5.49 | 19.0% | 18.2% | 0.50% | plus 1.2% |
| LICILife Insurance Corporation of India | 394.00 | minus 3.43% | 4,98,410 | 8.0 | 2.95 | 37.8% | 16.9% | 2.54% | minus 9.9% |
| KOTAKBANKKotak Mahindra Bank | 480.00 | plus 2.78% | 4,77,498 | 22.2 | 2.45 | 11.8% | 8.9% | 0.14% | plus 11.4% |
| NSENational Stock Exchange of Ind | 1,908.35 | plus 0.74% | 4,72,317 | 43.1 | 11.03 | 26.7% | – | 0.00% | plus 5.0% |
| POLICYBZRPB Fintech | 967.00 | minus 0.51% | 44,687 | 55.8 | 5.75 | 11.1% | – | 0.00% | minus 46.7% |
| Median of 7 peers | – | 1.66% | 6,77,005 | 19.3 | 2.89 | 16.5% | 15.6% | 0.76% | 5.0% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 1,348 | 1,771 | 2,061 | 1,888 | 2,178 | |
| 1,314 | 1,612 | 1,843 | 1,749 | 2,012 | |
| 34.4 | 159 | 218 | 139 | 166 | |
| 2.6% | 9.0% | 10.6% | 7.4% | 7.6% | |
| 100 | 85.4 | 98.3 | 90.6 | 95.4 | |
| 8.8 | 9.3 | 9.8 | 11.1 | 11.7 | |
| 33.5 | 33.8 | 34.9 | 40.1 | 43.8 | |
| 92.3 | 201 | 272 | 179 | 205 | |
| 8.3% | 5.8% | 3.9% | 8.8% | 6.3% | |
| 84.6 | 189 | 261 | 163 | 192 | |
| 1.82 | 4.08 | 5.61 | 3.50 | 4.13 |
Profit & loss
- ROE
- 11.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,558 | 3,438 | 4,977 | 6,794 | |
| – | +34.4% | +44.8% | +36.5% | |
| 3,219 | 3,624 | 4,870 | 6,241 | |
| −661 | −186 | 107 | 553 | |
| −25.9% | −5.4% | 2.2% | 8.1% | |
| 223 | 341 | 341 | 285 | |
| 21.4 | 26.5 | 33.8 | 37.1 | |
| 63.8 | 88.7 | 121 | 136 | |
| 35.3 | 37.1 | 93.3 | 42 | |
| −488 | 77.1 | 387 | 707 | |
| 0.0% | 16.5% | 8.9% | 5.3% | |
| −487 | 67 | 352 | 670 | |
| – | – | +425.6% | +90.3% | |
| -10.97 | 1.45 | 7.63 | 14.46 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 90 | 90.2 | 91.9 | 92.5 | |
| 5,386 | 5,781 | 6,341 | 7,219 | |
| 227 | 253 | 322 | 360 | |
| 551 | 604 | 776 | 1,035 | |
| 6,254 | 6,729 | 7,531 | 8,707 | |
| 272 | 316 | 411 | 437 | |
| 2 | 0.4 | 0.2 | 6.6 | |
| 1,662 | 1,163 | 2,660 | 2,555 | |
| 3,400 | 4,097 | 2,751 | 2,529 | |
| 918 | 1,152 | 1,708 | 3,179 | |
| 6,254 | 6,729 | 7,531 | 8,707 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −299 | 8.7 | −183 | 41.5 | |
| 41.4 | 301 | 458 | 214 | |
| −42.5 | −56.8 | −72.7 | −81.2 | |
| −300 | 253 | 202 | 174 | |
| −65.7 | −63.4 | −97.1 | −79.9 | |
| −365 | −54.7 | −280 | −38.4 |
Shareholding pattern
- Public99.86%
- Employee trusts0.14%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 0.00% | 99.86% | 0.00 | |
| 30 Jun 2026 | 0.00% | 99.86% | 0.00 | |
| 31 Mar 2026 | 0.00% | 99.86% | 0.00 | |
| 31 Dec 2025 | 0.00% | 99.86% | 0.00 | |
| 30 Sep 2025 | 0.00% | 99.73% | – |
Major shareholders
Filings & events
News
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