- Net income for PB Fintech in the third quarter was 715.4 million rupees, showing an increase of 88% compared to the previous year, but it fell short of the estimated 772 million rupees.
- The company’s revenue reached 12.9 billion rupees, marking a 48% increase year-over-year and surpassing the projected 12.35 billion rupees.
- Total costs amounted to 13.1 billion rupees, reflecting a 41% rise from the previous year.
- Advertising and promotion expenses rose by 34% year-over-year to 2.89 billion rupees.
- Shares of PB Fintech dropped by 3.2%, reaching 1,656 rupees, with a trading volume of 1.49 million shares.
- Market analysts’ ratings for the shares include 8 buys, 3 holds, and 9 sells.
A look at Policybazaar Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
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 strategically positioned for long-term success based on its Smartkarma Smart Scores. With a strong emphasis on growth and resilience, the company excels in adapting to market changes while continuously expanding its consumer-centric platform. This forward-looking approach is reflected in its high scores for growth and resilience, indicating a promising trajectory for the company’s future performance.
Although Policybazaar may not be a top choice for dividend-focused investors due to its lower score in that area, its overall outlook remains positive. The company’s focus on providing value to customers through its online financial services platform, coupled with its ability to maintain growth momentum, solidify its position as a key player in the industry. Investors looking for a company with a strong growth potential and resilience in the face of market challenges should keep a close eye on Policybazaar as it continues to evolve and innovate in the financial services sector.
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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