PB Fintech Ltd. News and Updates

Name: Latest research reports of PB Fintech Ltd. authored by Keynote Capitals Ltd and published by - Trendlyne research reports.
Item: PB Fintech Ltd.
Rating: 5
Author: Keynote Capitals Ltd

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PB Fintech Ltd.

20 Jun 2023

1777.70

1.30%

PB Fintech Ltd.

Buy: PB Fintech Ltd.

Keynote Capitals Ltd

Initiating Coverage Report

Number of FII/FPI investors increased from 957 to 977 in Mar 2025 qtr.

PB Fintech Ltd.

12 Jun 2023

1777.70

1.30%

PB Fintech to wipe out accumulated losses in next 4 years on revenue growth

Business Standard

PB Fintech, the parent firm of Policybazaar, expects to wipe out accumulated losses in the next four years on the back of revenue growth, a top official said. The total revenue of the company increased to Rs 1,710 crore in FY23 from Rs 1,200 crore in the preceding fiscal. As a result, the loss narrowed to Rs 488 crore from Rs 833 crore in the previous fiscal. "FY24, our hope is EBITDA coming out of core business will be more than enough to cover all investments and overall, as a company, we should be PAT positive for the full year. What we want is Rs 1,000 crore PAT by FY27. Three years from now. "In another four years, we should be able to wipe out our accumulated losses. Between, FY 27-28, we should be able to wipe out losses," PB Fintech chairman and group CEO Yashish Dahiya told PTI. The breakeven will be reached only after accumulated losses are wiped out. This year, he said, the company would be Rs 400-500 crore cash positive and therefore, there may not be any need for...

PB Fintech Ltd. has gained 15.95% in the last 1 Month

PB Fintech Ltd.

08 Jun 2023

1777.70

1.30%

BoFA downgrades PB Fintech, Paytm awarded with upgrade; shares react

Moneycontrol

Currently, PB Fintech is trading at a price-to-sales ratio of 6 times for the FY25, while Paytm is at 3 times.

PB Fintech Ltd. has gained 44.60% in the last 1 Year

PB Fintech Ltd.

29 May 2023

1777.70

1.30%

Inside Paisabazaars ongoing pivot to a recurring revenue model

Moneycontrol

PB Fintechs lending marketplace targets earning a third of revenue from recurring revenue products in the next two to three years

PB Fintech Ltd. has gained 44.60% in the last 1 Year

PB Fintech Ltd.

26 May 2023

1777.70

1.30%

Tencent Cloud Europe offloads 2 pc stake in PB Fintech for Rs 562 cr

Business Standard

Tencent Cloud Europe BV on Friday offloaded over 2 per cent shares of Policybazaar's parent firm PB Fintech for Rs 562 crore through an open market transaction. According to the bulk deal data available with the BSE, Tencent Cloud Europe BV sold 94,16,250 shares, amounting to a 2.09 per cent stake in the firm. The shares were disposed of at an average price of Rs 596.66 apiece, taking the transaction value to Rs 561.82 crore. As per the latest transaction, Tencent's shareholding has reduced to 6.28 per cent from 8.37 per cent (as of March 2023) equity in PB Fintech. On Friday, shares of PB Fintech fell 2.85 per cent to close at Rs 604.65 per piece on the BSE.

PB Fintech Ltd. has an average target of 1475.00 from 2 brokers.

PB Fintech slips over 4% after huge block deal

Moneycontrol | 26 May 2023

PB Fintech Ltd.

24 May 2023

1777.70

1.30%

Tracking well on growth, profitability and guidance

Buy: PB Fintech Ltd.

Target

ICICI Securities Limited

PB Fintech’s (PBF) Q4FY23 performance was good on all counts considering 1) premium growth has been encouraging. Total premium grew 18% QoQ of which core premium grew 17% QoQ and adjusting for one-off of Rs470mn in Q4FY23, growth still remained strong at 15% QoQ.