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Operates Policybazaar, India's leading online insurance comparison and distribution platform, plus Paisabazaar for loan comparisons.
Operates Policybazaar, India's leading online insurance comparison and distribution platform, plus Paisabazaar for loan comparisons.
Is paid commission by insurers for each policy it sells, mostly a share of the first-year premium plus smaller renewals later, so revenue builds as customers renew. Insurance sales carry the business, while Paisabazaar earns fees from lenders for loans it arranges. It listed in 2021.
In one line: India's SelectQuote/GoHealth for insurance.
Moat: narrow (brand, network effects, distribution). First-mover brand recognition and scale in online insurance aggregation, in a market with growing digital insurance penetration.
Headquarters: Gurugram, India · Founded: 2008 · Employees: 28,330
Size PB Fintech (POLICYBZR.NS) is an India Information Technology company (Internet Software/Services) with a market value of $4.74B, the 218th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹967.00 on 6 Nov 2026.
Performance Over six months the shares fell 42.6%, against +5.9% for the median peer and 0.0% for the India market (cap-weighted) — lowest of 20 in its peer set.
Growth Revenue grew 37.1% over the last twelve months (peer median +7.9%); the operating margin is 6.7% (peer median 24.7%).
Valuation It trades at 41.0× forward earnings against a peer median of 32.1× (7th most expensive of 19).
Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹79.0B | ₹67.9B | ₹49.8B | ₹34.4B | ₹25.6B |
| Revenue growth | — | +37% | +45% | +34% | — |
| Gross profit | ₹47.1B | ₹37.7B | ₹25.9B | ₹14.9B | -₹5.68B |
| EBITDA | ₹6.82B | ₹5.11B | ₹934M | -₹1.86B | -₹6.61B |
| Net income | ₹8.06B | ₹6.70B | ₹3.52B | ₹670M | -₹4.87B |
| Free cash flow | n/a | ₹2.45B | ₹1.40B | ₹1.14B | -₹1.60B |
| Capital expenditure | n/a | ₹799M | ₹971M | ₹634M | ₹657M |
| Total debt | ₹4.11B | ₹3.60B | ₹3.22B | ₹2.53B | ₹2.27B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | POLICYBZR.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.0% | +9.8% | 2nd lowest of 21 |
| 6-month return | -42.6% | +5.9% | lowest of 20 |
| Distance from 52-week high | -50.8% | -26.3% | 2nd lowest of 21 |
| Revenue growth (TTM) | +37.1% | +7.9% | highest of 21 |
| Operating margin | 6.7% | 24.7% | 8th lowest of 21 |
| Forward P/E | 41.0× | 32.1× | 7th most expensive of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| PB Fintech POLICYBZR.NS | India | $4.74B | -43% | +37% | 7% | 41.0× | n/a | n/a |
| Vend Marketplaces VEND.OL | Norway | $5.11B | -4% | -14% | 29% | 35.2× | 10.7% | -13.2% |
| AUTO1 AG1.DE | Germany | $4.34B | -14% | +21% | 1% | 29.2× | n/a | n/a |
| Braze BRZE | United States | $5.20B | +111% | +27% | -13% | 57.1× | 27.9% | +37.5% |
| Rightmove RMV.L | United Kingdom | $5.38B | +35% | +7% | 66% | 18.1× | 11.6% | +15.6% |
| Autotrader AUTO.L | United Kingdom | $5.68B | +12% | +4% | 62% | 14.3× | -0.7% | +18.9% |
| Mobility Global MBGL | United States | $5.79B | n/a | +8% | 51% | 13.2× | -6.0% | +8.5% |
| SMG Swiss Marketplace SMG.SW | Switzerland | $3.77B | +7% | +13% | 35% | 23.9× | 5.8% | +12.4% |
| Seek SEK.AX | Australia | $3.59B | +8% | +17% | 24% | 25.8× | 17.7% | +11.1% |
| Crisil CRISIL.NS | India | $3.40B | +6% | +24% | 26% | 35.0× | n/a | n/a |
| CAR CAR.AX | Australia | $6.85B | -3% | +6% | 38% | 28.5× | 21.8% | +24.0% |
| Scout24 G24.DE | Germany | $6.99B | +19% | +16% | 49% | 22.3× | 10.3% | +12.9% |
| People PPLI | United States | $3.16B | -4% | -29% | 2% | 38.9× | 36.5% | -2.8% |
| Info Edge India NAUKRI.NS | India | $8.18B | +21% | +13% | 34% | 59.6× | 51.8% | +23.8% |
| People.cn 603000.SS | China | $2.69B | -15% | 0% | 12% | 77.2× | 28.6% | -0.4% |
| Aditya Birla Sun Life Amc ABSLAMC.NS | India | $2.68B | -19% | +4% | 60% | 23.9× | n/a | n/a |
| Youdao, Inc. Sponsored ADR DAO | United States | $2.50B | +59% | +10% | 4% | 59.4× | 33.6% | +17.6% |
| Shanghai Great Wisdom 601519.SS | China | $2.49B | -18% | +6% | -8% | n/a | n/a | n/a |
| Winning Health Technology 300253.SZ | China | $2.31B | -19% | +6% | -20% | 351.5× | 18.9% | -1.4% |
| Mango Excellent Media 300413.SZ | China | $9.77B | +79% | +10% | -3% | 143.0× | 13.1% | -0.3% |
| XinhuaNet 603888.SS | China | $1.89B | -7% | -1% | 8% | n/a | 22.6% | +9.3% |