PB Fintech Limited (POLICYBZR) AI Stock Analysis

• Market Cap: ₹837.27B
• Dividend Yield: N/A
• Average Volume (3M): 42.26K
• Price to Earnings (P/E): 181.1
• Beta (1Y): 1.47
• Revenue Growth: 39.22%
• EPS Growth: 116.31%
• Country: IN
• Employees: 14,318
• Sector: Services
• Sector Strength: N/A
• Industry: Insurance - Brokers
• EPS (TTM): 2.90
• Shares Outstanding: 459,307,370
• 10 Day Avg. Volume: 68,518
• 30 Day Avg. Volume: 42,259
• PEG Ratio: 0.47
• Price to Book (P/B): 10.87
• Price to Sales (P/S): 14.04
• P/FCF Ratio: -249.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: ₹1,788.00 ▲(0.03% Upside)

PB Fintech Limited's strong financial performance, characterized by robust revenue growth and a solid balance sheet, is a key strength. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation. The lack of dividend yield further detracts from the stock's appeal. The absence of earnings call insights and corporate events means these factors do not influence the score.

PB Fintech Limited Business Overview & Revenue Model

Company Description

PB Fintech Limited, operating under the brand POLICYBZR, is a leading technology-driven financial services company based in India. Primarily focused on the insurance sector, the company offers an array of products and services, including insurance distribution, financial advisory, and digital solutions for consumers and businesses. By leveraging technology, POLICYBZR aims to simplify the insurance purchasing process, enhance customer experience, and promote financial literacy in the market.

How the Company Makes Money

PB Fintech Limited generates revenue through multiple streams, primarily by acting as an intermediary in the insurance market. The company earns commissions from insurance companies for policies sold through its platform. Additionally, it may charge fees for value-added services such as financial consulting, policy management, and premium financing. The company forms strategic partnerships with various insurance providers to expand its offerings and enhance its market reach, which further contributes to its revenue. Moreover, POLICYBZR may explore affiliate marketing and advertising as supplementary sources of income, capitalizing on its digital presence and customer engagement.

PB Fintech Limited Financial Statement Overview

Summary

PB Fintech Limited shows robust revenue growth and improved profitability metrics over the years. The balance sheet is strong, with low leverage and significant equity, providing financial stability. Despite facing difficulties in generating positive cash flow from operations, the substantial cash reserves help mitigate liquidity risks.

Income Statement

PB Fintech Limited has demonstrated significant revenue growth over the years. The revenue grew from 7.71 billion in 2020 to 49.77 billion in 2025, showcasing a strong upward trajectory. The gross profit margin is solid at 60.64% for 2025. However, the company has struggled with consistent profitability, with a net profit margin of only 7.09% in 2025 after years of losses. EBITDA margin has improved to 1.88% in 2025, indicating better operational efficiency compared to previous years.

Balance Sheet

The balance sheet of PB Fintech Limited shows a strong equity position with an equity ratio of 85.44% as of 2025, indicating financial stability and low leverage, with a debt-to-equity ratio of 0.05. Return on Equity (ROE) improved to 5.49% in 2025, reflecting better utilization of shareholder funds. The company maintains a healthy asset base, which has grown consistently, supporting future growth.

Cash Flow

PB Fintech Limited's cash flow statements indicate challenges with cash generation. The free cash flow was negative in 2025, at -2.80 billion, despite positive free cash flow in 2024. Operating cash flow to net income ratio is negative, reflecting ongoing operational cash flow challenges. However, the company's cash reserves are substantial, providing a cushion against short-term liquidity issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	53.15B	49.77B	34.38B	25.58B	14.25B	8.87B
Gross Profit	32.52B	30.19B	14.83B	10.18B	8.18B	3.33B
EBITDA	5.08B	936.80M	1.95B	-4.02B	-7.77B	-888.75M
Net Income	3.77B	3.53B	669.80M	-4.88B	-8.33B	-1.50B
Balance Sheet
Total Assets	0.00	75.29B	67.29B	62.54B	59.15B	23.31B
Cash, Cash Equivalents and Short-Term Investments	27.66B	27.66B	40.99B	34.00B	51.56B	19.47B
Total Debt	0.00	3.22B	2.53B	2.27B	1.59B	1.09B
Total Liabilities	-64.38B	10.92B	8.52B	7.69B	5.04B	3.39B
Stockholders Equity	64.38B	64.32B	58.71B	54.76B	54.12B	19.92B
Cash Flow
Free Cash Flow	0.00	-2.80B	1.14B	-3.65B	-16.01B	228.84M
Operating Cash Flow	0.00	-1.83B	1.77B	-2.99B	-15.68B	287.06M
Investing Cash Flow	0.00	4.58B	1.06B	414.50M	-21.27B	-12.02B
Financing Cash Flow	0.00	-726.90M	-308.40M	-425.05M	36.21B	7.59B

PB Fintech Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1787.45
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:POLICYBZR, the sentiment is Positive. The current price of 1787.45 is above the 20-day moving average (MA) of 1730.62, above the 50-day MA of 1760.75, and above the 200-day MA of 1716.53, indicating a bullish trend. The MACD of 13.36 indicates Negative momentum. The RSI at 53.97 is Neutral, neither overbought nor oversold. The STOCH value of 64.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:POLICYBZR.

PB Fintech Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INDIAMART	76 Outperform	₹148.18B	27.54	―	1.21%	13.36%	24.85%
NAVA	69 Neutral	₹171.99B	16.68	―	1.39%	-1.10%	1.86%
FORCEMOT	69 Neutral	₹241.15B	28.00	―	0.22%	14.81%	97.91%
CRISIL	67 Neutral	₹351.09B	46.86	―	1.25%	6.61%	11.88%
DELHIVERY	57 Neutral	₹362.57B	237.71	―	―	9.17%	1685.95%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
POLICYBZR	55 Neutral	₹837.27B	181.10	―	―	39.22%	116.31%

PB Fintech Limited Corporate Events

PB Fintech’s Amalgamation with Makesense Technologies Approved

PB Fintech Limited has announced the successful sanctioning of its Scheme of Amalgamation with Makesense Technologies Limited by the National Company Law Tribunal, effective from August 29, 2025. This strategic move is expected to enhance PB Fintech’s market position by integrating Makesense Technologies’ capabilities, potentially offering expanded services and value to shareholders.

PB Fintech Schedules Q2 FY 2025-26 Earnings Call

PB Fintech Limited has announced an earnings call scheduled for October 29, 2025, following the approval and declaration of its unaudited financial results for the quarter and half-year ending September 30, 2025. This call will involve key management figures and is aimed at engaging shareholders, investors, and analysts, reflecting the company’s commitment to transparency and stakeholder communication.

PB Fintech Announces 17th AGM Notice and Annual Report

PB Fintech Limited has announced the dispatch of the notice for its 17th Annual General Meeting, along with the Annual Report for the financial year 2024-25. The announcement includes details about e-voting and other related information, which have been published in the Financial Express and Jansatta newspapers. This move ensures transparency and keeps stakeholders informed about the company’s governance activities, potentially impacting investor relations positively.

PB Fintech’s Amalgamation with Makesense Technologies Approved by NCLT

PB Fintech Limited has announced that the National Company Law Tribunal, Chandigarh Bench, has sanctioned the Scheme of Amalgamation between Makesense Technologies Limited and PB Fintech Limited. This approval marks a significant step in the company’s strategic consolidation efforts, potentially enhancing its market position and operational efficiency.

PB Fintech Releases Q1 FY 2025-26 Earnings Call Transcript

PB Fintech Limited has released the transcript of its Q1 FY 2025-26 earnings call, which was conducted on August 01, 2025. The transcript is available on the company’s website, reflecting transparency and communication with stakeholders. This release is part of the company’s compliance with SEBI regulations, indicating its commitment to maintaining regulatory standards and providing stakeholders with insights into its financial performance.

PB Fintech Disburses INR 400 Crore Loans to Subsidiaries

PB Fintech Limited has announced the execution of agreements to disburse unsecured loans totaling INR 400 crores to its wholly owned subsidiaries, Policybazaar and Paisabazaar. This strategic financial move is aimed at utilizing IPO proceeds to support the subsidiaries’ operations and growth, potentially enhancing PB Fintech’s market positioning and operational capabilities in the fintech sector.