PB Fintech
Latest, :
What it means
PB Fintech's scale now pays for itself: room for brand ads and offline expansion.
Reported: Net profit +92% on revenue +40% in Q1 FY27.
Watch: Q2 FY27 results, expected early Nov — net profit growth drops below revenue growth.
Before its next results, expected early Nov:Before then:
- Affected
- Turtlemint — facing a better-funded PB FintechDo now: By early Nov: defend your strongest catchments: it has profit to spend where it competes with you.
- PB Fintech's insurer and lender partners — a stronger buyer at the tableDo now: By early Nov: expect firmer terms from it; lock volumes and prices.
Our arithmetic · not a reported figureChange
- −₹98 crorefrom Q4 FY26 net profit to Q1 FY27 net profit (PAT)
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 9 stories, the newest dated 1 Oct 2026. Summary written 6 Oct 2026.
PB Fintech is a listed Indian company whose shares trade with an IPO issue price of Rs 980.[1] source: Business Today
Show 3 more paragraphs and 9 sources
Its brands include Policybazaar and Paisabazaar.[1] source: Business Today Its insurance distribution model has been described as asset-light.[2] source: Business Today Proposed IRDAI changes to insurance-distributor commissions and expense rules bear directly on its business.[3] source: Business Today
PB Fintech shares fell 47.99 per cent over six trading sessions, closing at Rs 983 on Thursday, 1 October 2026, near the IPO price, and the 52-week low was Rs 965.[1] source: Business Today On 30 September 2026 the shares fell 2.96 per cent to a 52-week low of Rs 1,052, a 44.34 per cent decline in five trading days.[4] source: Business Today IRDAI proposed health-insurance commission caps of 15% on new policies and 5% on renewals, with implementation possible from April 2027.[5] source: Financial Express Policybazaar said the consultation-stage proposals may not reflect the operating and servicing costs of online distribution.[3] source: Business Today Bernstein estimates that a 40% reduction in take rates could cut FY28 consolidated revenue by 36%.[6] source: Mint
Macquarie downgraded PB Fintech to 'Neutral' and cut its target to Rs 1,150 from Rs 1,950.[7] source: Business Today Bernstein cut its target by 53 per cent to Rs 1,085 and kept an 'Outperform' rating.[8] source: Business Today Elara cut its target to ₹1,400 from ₹1,990 and kept its buy rating.[9] source: The Hindu BusinessLine Kotak Institutional Equities flagged sharper commission-cut risks for PB Fintech.[5] source: Financial Express
Sources
More stories about PB Fintech
Stories that mention PB Fintech
2 stories
PB Fintech is named in these stories but is not their subject.