Live Chart

O 994.95

H 994.95

L 994.95

VOL 352

PB Fintech (Policybazaar) Share Price Live Performance

Days Range

Low: ₹965.00
High: ₹1,010.00
Previous Close ₹996.20
Open ₹994.95
Volume 6,30,302
Day’s Range ₹965.00 - ₹1,010.00
52W Range ₹487.50 - ₹1,048.00
Market Cap ₹45,034 Cr

Fundamentals of PB Fintech (Policybazaar) Share Price Live

ROCE (TTM) -1.77%
P/E Ratio (TTM) NA
P/B Ratio 7.81
Industry P/E 31.82
Debt to Equity 0.05
ROE -2.27%
EPS (TTM) NA
Dividend Yield NA
Book Value 125
Face Value 2

Financials of PB Fintech (Policybazaar) Share Price Live

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales869.09665.59811.63870.89
Expenses954.64762.21923.04919.47
Profit before tax-9.37-11.58-21.4337.23
Operating Profit-9.34-11.9-21.1137.23
Net Profit-9.34-11.9-21.1137.23
EPS in Rs-0.2-0.26-0.450.85

About PB Fintech (Policybazaar) Share Price Live

History of PB Fintech

Policybazaar.com was founded in June 2008 when Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar co-founded it as an insurance comparison platform. 

The company’s journey began with its incorporation as ‘Etechaces Marketing and Consulting Private Limited’ on June 4, 2008. Later, on September 18, 2020, the company underwent a name change, becoming known as PB Fintech Private Limited. Back then, the Indian insurance landscape was rather opaque, with policies primarily being sold through agents. 

Policybazaar aimed to change this by offering customers a transparent platform where they could access information about various insurance policies and make informed choices. Initially, it operated as a price-comparison website and a source of insurance-related knowledge. Over time, it evolved into a comprehensive marketplace for insurance policies. In 2015, Policybazaar leapt into the mobile world by launching its app for Android and iOS users.

In June 2021, Policybazaar secured an insurance broking license from IRDAI. Concurrently, the company announced its intention to establish 100 physical outlets across India, signalling a shift from its earlier web aggregator focus.

Fast forward to November 2021, the parent company of Policybazaar, PB Fintech Ltd, embarked on its Initial Public Offering (IPO) journey, successfully raising a significant ₹5,625 crore (equivalent to US$700 million). 

This milestone paved the way for PB Fintech Ltd’s shares to be traded on both the National Stock Exchange and the Bombay Stock Exchange, with trading commencing on the 15th of November 2021.

Business Segments 

PB Fintech has expanded its portfolio to encompass a range of products and services catering to both business-to-business (B2B) and business-to-consumer (B2C) sectors, with a specialised focus on FinTech and InsurTech markets.

  • Personal Insurance: PB Fintech facilitates personal insurance solutions via its online platform. Users can conveniently explore, compare, and acquire various personal insurance policies, encompassing life insurance, health insurance, and travel insurance. These offerings are sourced from leading insurance providers.
  • Business Insurance: Under the PB Corporate initiative, PB Fintech caters to the business sector’s insurance requirements. This segment specialises in delivering B2B insurance products, and it also extends coverage for employers and employees alike.
  • Credit Card and Loan Disbursement: PB Fintech streamlines the loan application and disbursal process through its Paisabazaar platform. It provides a spectrum of loans, including personal loans, home loans, and business loans, all sourced from prominent banks and its subsidiary named “Money Wide”. It also facilitates providing credit scores and integrated cards.
  • Additional Services: Beyond the mentioned services, PB Fintech has diversified its portfolio into document management. Doc Prime, India’s first Digital Health Locker, manages health records and bills all on one platform.

PB Fintech has also expanded its operations by launching three significant new initiatives: PB Partners, and a business venture in the UAE.

The subsidiaries of PB fintech include Policybazaar Insurance Brokers Private Limited, and Paisabazaar Marketing and Consulting Private Limited.

Key Personnel:

  1. Yashish Dahiya, CEO and Chairman

Yashish Dahiya currently holds the position of Group CEO and co-founder at Policybazaar.com. Over the course of more than a decade, he has successfully transformed Policybazaar into a significant player in influencing consumer choices in the insurance sector. Before embarking on his entrepreneurial journey with PolicyBazaar.com, Yashish Dahiya served as the CEO of First Europa, a global online insurance broker. During his tenure at First Europa, he played a pivotal role in steering the company’s global expansion efforts and overseeing its operations across nine different geographic locations.

Management Outlook

  • The company’s long-term success relies on attracting and retaining consumers. They’ve achieved consistent growth in website and mobile platform visitors, with 6.8 crore registered consumers as of March 31, 2023. The aim is to expand further through awareness campaigns.
  • Policybazaar and Paisabazaar leverage their extensive consumer bases to benefit insurers and lending partners, offering them one of the most cost-effective consumer acquisition channels. They’ve established numerous partnerships, resulting in substantial increases in insurance premiums, disbursals, and credit card acquisition.
  • The company focuses on retaining and expanding business with existing customers. In Q1 2023, renewal/trail revenue increased significantly, indicating the potential for higher margins in both insurance and credit segments. This approach is key to sustained profitability.
Parent Organisation Indian Private
Founded 2008
Managing Director Yashish Dahiya
NSE Symbol POLICYBZR

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FAQs

What is the Share price of PB Fintech (Policybazaar) Share Price Live (POLICYBZR)?

PB Fintech (Policybazaar) Share Price Live (POLICYBZR) share price as of February 21, 2024, on NSE is Rs 977.90 (NSE) and Rs 977.20 (BSE) on BSE.

Can I buy PB Fintech (Policybazaar) Share Price Live (POLICYBZR) shares?

Yes, You can buy PB Fintech (Policybazaar) Share Price Live (POLICYBZR) shares by opening a Demat account with Angel One.

How do I buy PB Fintech (Policybazaar) Share Price Live (POLICYBZR) from Angel One?

PB Fintech (Policybazaar) Share Price Live (POLICYBZR) share can be brought through the following modes:
  1. Direct investment: You can buy PB Fintech (Policybazaar) Share Price Live (POLICYBZR) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to PB Fintech (Policybazaar) Share Price Live (POLICYBZR) shares.

What is the total Asset of PB fintech?

The total asset of PB fintech is Rs. 5,915 crores.

What is the main business of PB fintech?

The main business of PB fintech is to serve as India’s largest online platform for insurance and lending products. Listed in 2021, PB Fintech owns two flagship platforms: Policybazaar and Paisabazaar that enable its customers to avail of insurance plans and personal credit.

What are the Subsidiaries that comes under PB fintech?

Some of the wholly-owned subsidiaries that come under PB fintech are Policybazaar Insurance Brokers Private Limited, Paisabazaar Marketing and Consulting Private Limited, Icall Support Services Private Limited, PB Marketing and Consulting Private Limited, Docprime Technologies, and Accurex Marketing and Consulting Private Limited.