The shares of the insurance service provider plummeted up to 1 percent in today’s trading session after the company’s co-founder is likely to offload 5.05 million equity shares via a block deal.
With a market capitalization of Rs 84,340.30 crore, the shares of PB Fintech Ltd were trading at Rs 1,836.45 per share, decreasing around 0.39 percent as compared to the previous closing price of Rs 1,839.75 apiece.
The shares of PB Fintech Ltd have bearish movement after reports emerged that co-founders Yashish Dahiya and Alok Bansal plan to offload 5.05 million shares, or 1.1% equity, via a $106 million block deal. Despite a 90-day lock-in for the sellers, uncertainty remains as the identities of the buyers and sellers aren’t officially disclosed.
Looking forward to the company’s financial performance, revenue increased by 38 percent from Rs 1,090 crore in Q4FY24 to Rs 1,508 crore in Q4FY25. Further, during the same time frame, net profit magnified by 185 percent from Rs 60 crore to Rs 171 crore.
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PB Fintech’s insurance premium has shown robust growth, rising 3.4x over three years. Quarterly premium surged from ₹2,176 crore in Q4 FY22 to ₹7,030 crore in Q4 FY25, driven by both core online business and new initiatives. On an annual basis, premiums grew from ₹6,975 crore in FY22 to ₹23,486 crore in FY25, indicating strong business momentum.
Policybazaar continues to dominate India’s online insurance aggregator space with a 93% market share. It has sold 52.6 million policies and served 20.6 million consumers to date. In Q4 FY25 alone, it generated ₹7,030 crore in premiums. Health and life insurance saw 48% YoY growth, supported by 51 partners and a strong 90.2% customer satisfaction score.
PB Fintech Limited is an India-based company that provides an online platform for insurance and lending products by leveraging the power of technology, data, and innovation. The Company is engaged in providing online marketing, consulting, and technology services to insurers and lending partners.
Written by Abhishek Singh
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