PB Fintech shares lose post-result gains amid markets' downturn

PB Fintech, the parent of Policybazaar and Paisabazaar, closed lower after a sharp decline amid profit booking in Monday's trade, losing last week's gains after posting a near three-fold rise in profit for the March quarter. The drop followed a bearish stance by analysts, unenthused by the financial results put out by the company last week.

The counter opened slightly higher at Rs 1,762 per share, but dropped sharply in the first leg of trade. The stock hit an intraday low of Rs 1,676.10 before recovering slightly. PB Fintech shares closed 3.74% lower at Rs 1,694 apiece on the BSE, compared to a 0.33% decline in the benchmark Sensex.

Brokerage house Nuvama raised its target price for the stock to Rs 1,550 from Rs 1,510 earlier but retained its 'reduce' call. Meanwhile, Kotak Institutional Securities hiked its target price to Rs 1,550 from Rs 1,525 but downgraded its rating to 'sell' from 'add'. The stock has rallied 8% in the one month, and the brokerage is now awaiting better entry points.


PB Fintech Q4 results

Last week, PB Fintech reported a 185% rise in net profit to Rs 170 crore for the January-March quarter, against Rs 60 crore in the year-ago period. The financial services company posted a 38% rise in operating revenue at Rs 1,507 crore for the period, compared with Rs 1,089 crore in the corresponding quarter last year.

PB Fintech’s net profit for the fiscal 2025 went up 439% to Rs 345 crore, compared to Rs 64 crore in the previous fiscal.

The improved financials came on the back of PB Fintech's insurance business. Policybazaar’s insurance premium collection in the March quarter jumped to Rs 7,030 crore compared to Rs 2,176 crore a year ago. Overall, Policybazaar processed Rs 23,486 crore in premiums in the entire financial year 2025.

PB Fintech stock performance

Over the past 12 months, PB Fintech’s share has risen 24.6%, while in year-to-date (YTD) terms it has dropped 20%. The Sensex has risen 11% and 4.5% in these periods, respectively.

According to 18 analysts tracking the stock, four have a strong buy rating, four recommend buy, while three have a hold rating for the PB Fintech stock. Five analysts have a sell call on the stock, while two have a strong sell.

The 12-month price target for the stock is Rs 1,744, with a potential downside of 2.1%.