- PB Fintech reported a net income of 845.9 million rupees, marking a 41% increase compared to last year, but fell short of the estimated 905.2 million rupees.
- The company achieved revenues of 13.5 billion rupees, up 34% from the previous year, surpassing the estimated 12.83 billion rupees.
- Total costs for the quarter reached 13.56 billion rupees, which is a 26% increase year-over-year.
- The adjusted EBITDA showed significant growth, rising by 82% to 890 million rupees.
- Expenditure on advertising and promotions amounted to 2.53 billion rupees, reflecting a modest increase of 3.3% from last year.
- Market analysts rating the company’s performance have issued 9 buy ratings, 4 hold ratings, and 8 sell ratings.
A look at Policybazaar Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Policybazaar, operated by PB Fintech Limited, is positioned for long-term success based on its Smartkarma Smart Scores. With a top score in Growth and Momentum, the company appears well-equipped to capitalize on future opportunities in the financial services sector. By focusing on expanding its consumer-centric platform and collaborating with insurance companies, Policybazaar aims to enhance its online services for consumers.
While the company’s Value and Dividend scores are not as high, its strong ratings in Resilience and Momentum indicate a robust foundation for sustained growth. With a solid emphasis on innovation and a dynamic market presence, Policybazaar seems poised to continue its upward trajectory in the evolving landscape of online financial services.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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