PB Fintech Ltd

In March 2024, the board of the company had approved incorporation of a wholly owned subsidiary of the Company under the name and style of PB Pay Private Limited (PB Pay) to carry on the business of payment aggregator ' domestic and / or cross border or both, as may be permitted by the Reserve Bank of India, by facilitating merchants with offline and/or digital payment acceptance infrastructure or both. The said subsidiary was incorporated in the following month of April. In an exchange filing made post trading hours yesterday, the company informed that application of PB Pay for obtaining certificate of registration (CoR) as NBFC-Payment Aggregator (NBFC-PA) has been approved by the RBI. Accordingly, the country's banking regulatory has granted in-principle authorisation to PB Pay to operate as an online payment aggregator under the Payment and Settlement Systems Act, 2007. PB Fintech is primarily engaged in providing online marketing, consulting and support services through its online portal policybazaar.com and paisabazaar.com largely for the financial service industry, including insurance. Its consolidated net profit rose 88.02% to Rs 71.54 crore while net sales rose 48.31% to Rs 1291.62 crore in Q3 December 2024 over Q3 December 2023. The scrip rose 0.21% to currently trade at Rs 1625 on the BSE. Powered by Capital Market - Live

The upgrade is based on strong growth expectations, improved valuations after a recent correction, and the belief that PB Fintech will outperform industry growth. The broker highlighted Policybazaar's dominant position in the insurance market and its effective sales strategies, while also dismissing concerns about competition and regulatory changes, citing PB Fintech's strong franchise and ability to secure favorable commissions. PB Fintech is primarily engaged in providing online marketing, consulting and support services through its online portal policybazaar.com and paisabazaar.com largely for the financial service industry, including insurance. Its consolidated net profit rose 88.02% to Rs 71.54 crore while net sales rose 48.31% to Rs 1291.62 crore in Q3 December 2024 over Q3 December 2023. PB Fintech's board on 11 March 2025, approved a Rs 696 crore investment in its newly formed healthcare subsidiary, PB Healthcare Services, for FY26, with shareholder approval pending. The investment, to be made via equity and compulsory convertible preference shares (CCPS), will fund operations, branding, and strategic initiatives. Alongside personal investments from key executives, the total investment reaches Rs 828.75 crore, potentially giving PB Fintech a 33.63% stake in the subsidiary. Powered by Capital Market - Live

K E C International Ltd, Bharat Forge Ltd, Gensol Engineering Ltd and Coffee Day Enterprises Ltd are among the other losers in the BSE's 'A' group today, 13 March 2025.PB Fintech Ltd crashed 5.66% to Rs 1324.65 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 2.17 lakh shares were traded on the counter so far as against the average daily volumes of 30694 shares in the past one month.K E C International Ltd tumbled 5.55% to Rs 675. The stock was the second biggest loser in 'A' group.On the BSE, 1.48 lakh shares were traded on the counter so far as against the average daily volumes of 31996 shares in the past one month.Bharat Forge Ltd lost 5.14% to Rs 1037. The stock was the third biggest loser in 'A' group.On the BSE, 31668 shares were traded on the counter so far as against the average daily volumes of 29088 shares in the past one month.Gensol Engineering Ltd slipped 4.99% to Rs 261.7. The stock was the fourth biggest loser in 'A' group.On the BSE, 2.44 lakh shares were traded on the counter so far as against the average daily volumes of 85468 shares in the past one month.Coffee Day Enterprises Ltd shed 4.98% to Rs 24.59. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.92 lakh shares were traded on the counter so far as against the average daily volumes of 5.34 lakh shares in the past one month.Powered by Capital Market - Live

Shares of PB Fintech is down 9.39% in two consecutive sessions. The company on Tuesday, 11 March 2025, said its board has approved an investment of up to Rs 696 crore investment in its wholly-owned healthcare subsidiary, PB Healthcare Services, for the financial year 2025-26. The capital infusion, which is subject to shareholder approval via a postal ballot, will be executed through the subscription or purchase of equity shares and compulsory convertible preference shares (CCPS). This strategic move aims to bolster PB Healthcare's financial stability, supporting general operating expenses, enhancing brand visibility, and funding key strategic initiatives. PB Healthcare Services, incorporated in January 2025, operates within the rapidly expanding healthcare and allied services sector in India. PB Fintech will invest alongside Yashish Dahiya (chairman, executive director & chief executive officer of the company), Alok Bansal (executive vice chairman & whole-time director) and three Key Managerial Personnel (KMP). The total proposed investment including the mentioned personal investments, will bring the total to Rs 828.75 crore. Upon completion, PB Fintech is expected to hold up to 33.63% of PB Healthcare on a fully diluted basis, assuming the maximum investment amount is realized. The investment is contingent on shareholder approval. PB Fintech is primarily engaged in providing online marketing, consulting and support services through its online portal policybazaar.com and paisabazaar.com largely for the financial service industry, including insurance. On a consolidated basis, net profit of PB Fintech rose 88.02% to Rs 71.54 crore while net sales rose 48.31% to Rs 1291.62 crore in Q3 December 2024 over Q3 December 2023. Powered by Capital Market - Live

The capital infusion, which is subject to shareholder approval via a postal ballot, will be executed through the subscription or purchase of equity shares and compulsory convertible preference shares (CCPS). This strategic move aims to bolster PB Healthcare's financial stability, supporting general operating expenses, enhancing brand visibility, and funding key strategic initiatives. ' PB Healthcare Services, incorporated in January 2025, operates within the rapidly expanding healthcare and allied services sector in India. ' PB Fintech will invest alongside Yashish Dahiya (chairman, executive director & chief executive officer of the company), Alok Bansal (executive vice chairman & whole-time director) and three Key Managerial Personnel (KMP). The total proposed investment including the mentioned personal investments, will bring the total to Rs 828.75 crore. Upon completion, PB Fintech is expected to hold up to 33.63% of PB Healthcare on a fully diluted basis, assuming the maximum investment amount is realized. The investment is contingent on shareholder approval. PB Fintech is primarily engaged in providing online marketing, consulting and support services through its online portal policybazaar.com and paisabazaar.com largely for the financial service industry, including insurance. On a consolidated basis, net profit of PB Fintech rose 88.02% to Rs 71.54 crore while net sales rose 48.31% to Rs 1291.62 crore in Q3 December 2024 over Q3 December 2023. Powered by Capital Market - Live

Net profit of PB Fintech rose 88.02% to Rs 71.54 crore in the quarter ended December 2024 as against Rs 38.05 crore during the previous quarter ended December 2023. Sales rose 48.31% to Rs 1291.62 crore in the quarter ended December 2024 as against Rs 870.89 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1291.62870.89 48 OPM %2.14-3.08 - PBDT118.6960.31 97 PBT85.1237.23 129 NP71.5438.05 88 Powered by Capital Market - Live

PB Fintech will hold a meeting of the Board of Directors of the Company on 30 January 2025.Powered by Capital Market - Live

PB Fintech has allotted 3,24,906 equity shares of face value of Rs. 2/- each to eligible employees upon exercise of vested options under PB Fintech Employees Stock Option Plan 2021 (ESOP 2021). Consequent to the above allotment, the issued and paid-up share capital of the Company stands increased from Rs. 91,77,91,852/- consisting of 45,88,95,926 equity shares having a face value of Rs. 2/- each to Rs. 91,84,41,664/- consisting of 45,92,20,832 equity shares having a face value of Rs. 2/- each.Powered by Capital Market - Live

The company has proposed the name of WOS as PB Healthcare or PB Healthcare Services or any other name as may be approved by the Ministry of Corporate Affairs, Government of India. The proposed wholly owned subsidiary company to be incorporated in India shall carry on the business of healthcare and allied services. The company along with its nominee(s) will initially subscribe to 50,000 equity shares at face value of Rs 10 each aggregating to Rs 5 lakh in cash. PB Fintech is engaged in providing integrated online marketing and IT consulting and support services largely for the financial services industry including insurance. It operates Policybazaar, the India's largest digital insurance marketplace and Paisabazaar that provides services related to lending products. The company reported consolidated net profit of Rs 50.67 crore in Q2 FY25 as compared with net loss of Rs 20.24 crore in Q2 FY24. Revenue from operations jumped 43.8% YoY to Rs 1,167.23 crore in Q2 FY25. The counter hit an all-time high at Rs 2,017 in intraday today.Powered by Capital Market - Live

Net profit of PB Fintech reported to Rs 50.67 crore in the quarter ended September 2024 as against net loss of Rs 20.24 crore during the previous quarter ended September 2023. Sales rose 43.81% to Rs 1167.23 crore in the quarter ended September 2024 as against Rs 811.63 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1167.23811.63 44 OPM %-0.67-11.02 - PBDT89.640.88 10086 PBT60.25-21.43 LP NP50.67-20.24 LP Powered by Capital Market - Live