PB Fintech Ltd.
NSE: POLICYBZRPB Fintech Ltd.: A 30-second snapshot
PB Fintech (POLICYBZR), operator of the Policybazaar and Paisabazaar platforms, trades at 1,671 with a trailing PE of 115.5x and a forward PE of 49.0x, reflecting market pricing for future earnings improvement. The stock has declined 6.54% over the past 12 months and sits marginally below the 200-DMA of 1,698, while 5-year revenue and earnings CAGRs stand at 36.7% and 52.8% respectively. ROE of 9.74% and zero FCF-positive years in the tracked window illustrate that high-growth operations have not yet produced sustained free cash flow.
P/E
115.5
Forward P/E
49.0
ROE
+9.7%
Debt / Equity
4.92
Profit Margin
+9.9%
Div. Yield
—
5Y ROE > 15%
0/5
5Y FCF > 0
0/5
Quality
38/100
News
8 headlines · 1 positive · 3 negative
Founders sell Rs 665 crore worth Policybazaar shares to several domestic, global investors - TradingView
TradingView
Group CEO Yashish Dahiya sells 2.6 million shares of PB Fintech via block deals, NSE data shows - marketscreener.com
marketscreener.com
Co-Founder Alok Bansal Sells 1.2 Million Shares Of PB FinTech Via Block Deal At 1751 Rupeesper Share As Per NSE Data - TradingView
TradingView
PB Fintech Q1 Results 2026 - Find PB Fintech Q1 Earnings Result | POLICYBZR Q1 results - Mint
Mint
Pb Fintech Limited Announces Changes to Its Board and Committee - marketscreener.com
marketscreener.com
Recent context
- ·On 29 May 2026, the group CEO and co-founder executed large block-deal sales totalling approximately 665 crore rupees, a concentration of insider selling flagged as negative across multiple news items.
- ·A board and committee composition change was announced in May 2026, adding governance activity to an already newsworthy period around insider transactions.
- ·News sentiment from the 8 most recent items registers as overall negative (3 negative, 4 neutral, 1 positive), with the dominant driver being the founder block-deal disclosures.
Strengths
- +5-year revenue CAGR of 36.7% and earnings CAGR of 52.8% indicate rapid top-line and bottom-line expansion from a digital insurance distribution model.
- +Forward PE of 49.0x represents a meaningful compression from the trailing PE of 115.5x, reflecting analyst expectations of significant earnings growth over the coming year.
- +Mean analyst rating of 2.04 across 24 analysts on a 1-5 scale (lower = more constructive) indicates broad coverage from the sell side.
- +The 3-month price change of +11.83% has brought the stock back above the 50-DMA of 1,608, even as it remains below the 200-DMA.
Weaknesses
- −D/E ratio of 4.92 with a rising debt trend and zero FCF-positive years in the tracked window suggests growth has been financed by leverage; consistency score of 15/100 reflects limited historical earnings stability.
- −ROE of 9.74% has not exceeded 15% in any tracked year (roeYearsAbove15 = 0), the lowest in the peer group where peers range from 11.28% (HDFCLIFE) to 17.91% (Bajaj Finance).
- −POLICYBZR ranks last (6 of 6) among Banking/Finserv peers on both PE and ROE metrics, with a quality score of 36 against a peer range of 20-53.
- −Multiple large insider block-deal sales in late May 2026 saw founders dispose of shares worth 665 crore rupees, including the group CEO selling 2.6 million shares and co-founder selling 1.2 million shares.
Open questions
- ?At what point does a forward PE of 49.0x become justified by actual FCF generation, and what milestones in cash conversion would the business need to demonstrate?
- ?Does the 5-year earnings CAGR of 52.8% reflect a structural shift in India's insurance penetration, or does it primarily capture the initial platform-scaling phase that may normalise over time?
- ?How should the concentration of insider block-deal sales in May 2026 be weighed against the overall insider ownership structure and stated reasons for the sales?
- ?Given D/E of 4.92 in the context of a rising debt trend, what refinancing or capital-raise scenarios could affect the earnings trajectory implied by the forward PE of 49.0x?
Peer comparison: Banking
Ranks 4 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| POLICYBZR | PB Fintech Ltd.You're viewing | 115.5 | +9.7% | 36 |
| Industry avg | across 5 peers | 31.2 | +14.2% | 39 |
| BAJFINANCE | Bajaj Finance Ltd. | 29.1 | +17.9% | 53 |
| AXISBANK | Axis Bank Ltd. | 15.1 | +13.2% | 50 |
| HDFCBANK | HDFC Bank Ltd. | 16.6 | +13.8% | 50 |
| BAJAJFINSV | Bajaj Finserv Ltd. | 28.8 | +14.6% | 23 |
| HDFCLIFE | HDFC Life Insurance Company Ltd. | 66.2 | +11.3% | 20 |
Technical state
Current price
₹1,671.40
SMA 50
₹1,608.15
SMA 200
₹1,697.81
RSI (14)
46.3 (neutral)
From 52w high
-15.5%
1Y return
-6.5%
3M return
+11.8%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity of 4.92 with zero FCF-positive years in the tracked window and a rising debt trend indicates that growth has been funded by leverage without converting to free cash generation; consistency score is 15/100.
- highROE of 9.74% has never exceeded 15% in any year of the persistence window (roeYearsAbove15 = 0), placing capital efficiency well below what the trailing PE of 115.5x implies relative to sector peers whose ROE ranges from 11.28% to 17.91%.
- mediumPrice at 1,671 is below the 200-DMA of 1,698 and 15.5% below the 52-week high; the stock has declined 6.54% over the past 12 months, though the most recent 3-month period shows a partial recovery of 11.83%.
- mediumMultiple large block-deal sales were reported on 29 May 2026: the group CEO sold 2.6 million shares and co-founder sold 1.2 million shares, with founders collectively disposing of shares worth 665 crore rupees, driving 3 of 8 recent news items to negative sentiment.
- mediumPOLICYBZR ranks last (6 of 6) among Banking/Finserv peers on both PE and ROE; quality score of 36 compares to a peer range of 20-53, with peer 1-year price change data unavailable, limiting relative return context.
Cross-section contradictions
- 5-year earnings CAGR of 52.8% and revenue CAGR of 36.7% are among the highest in the peer set, yet FCF has been negative in every tracked year — rapid top-line growth has not yet translated to free cash flow generation.
- Trailing PE of 115.5x is the highest in the peer group (next highest: HDFCLIFE at 66.2x), while ROE of 9.74% is the lowest in the same group — the valuation premium is not matched by relative capital efficiency.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 1 Jun 2026 · rotates through NIFTY 500 every ~5 days