āagmanLoginNot investment advice. Data and computed figures, for information only.
PB Fintech Ltd
₹1,079.40
+₹19.40 (+1.83%)
NSE · 15 Oct 2026, close
Market Cap
₹46,831 Cr
CMP
₹1,079.40
52-wk High / Low
₹1,964 / 945
P/E
62.6
P/B
6.4
Book Value
₹158.0
Div Yield
0.00%
ROCE
10.0%
ROE
9.8%
Face Value
₹2
D/E
0.05
Price−38.2% over 1Y
āagman read
Computed by āagmanPiotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹227
√(22.5 × EPS × book value per share)
ROIC
4.6%
vs 10.0% sector median
Cash flow to profit
0.06
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+473
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
9.8%
ROE × earnings retention ratio
ROE stability
9.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Cash-accrual divergence
7.7%
of assets
Low = accruals track cash flow
Strengths
Watch-outs
−Borrowings are up 35900% since FY2016 (1 to 360)
−Price trades below its 200-day moving average (0.7x)
−Price is 45.0% below its 52-week high
−Annualised volatility of 57.4% is in the high band (≥45%)
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 666 | 812 | 871 | 1,090 | 1,010 | 1,167 | 1,292 | 1,508 | 1,348 | 1,614 | 1,771 | 2,061 | 1,888 |
| Expenses | 743 | 901 | 898 | 1,085 | 1,050 | 1,175 | 1,264 | 1,396 | 1,314 | 1,516 | 1,612 | 1,849 | 1,751 |
| Operating Profit | −77 | −89 | −27 | 5 | −39 | −8 | 28 | 112 | 34 | 98 | 159 | 212 | 137 |
| OPM % | −11.6% | −11.0% | −3.1% | 0.5% | −3.9% | −0.7% | 2.2% | 7.4% | 2.5% | 6.1% | 9.0% | 10.3% | 7.3% |
| Other Income | 91 | 97 | 94 | 98 | 141 | 106 | 100 | 101 | 100 | 87 | 85 | 104 | 93 |
| Interest | 6 | 7 | 6 | 7 | 6 | 9 | 9 | 9 | 9 | 9 | 9 | 10 | 11 |
| Depreciation | 20 | 22 | 23 | 24 | 25 | 29 | 34 | 33 | 33 | 34 | 34 | 35 | 40 |
| Profit before tax | −12 | −21 | 37 | 73 | 71 | 60 | 85 | 171 | 92 | 142 | 201 | 272 | 179 |
| Net Profit | −12 | −21 | 37 | 60 | 60 | 51 | 72 | 170 | 85 | 135 | 189 | 261 | 163 |
| EPS (₹) | −0.25 | −0.45 | 0.84 | 1.34 | 1.32 | 1.11 | 1.56 | 3.70 | 1.84 | 2.94 | 4.09 | 5.64 | 3.52 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 78 | 90 | 334 | 492 | 771 | 887 | 1,425 | 2,558 | 3,438 | 4,977 | 6,794 | 7,334 |
| Expenses | 149 | 232 | 386 | 828 | 1,091 | 1,046 | 2,325 | 3,219 | 3,626 | 4,884 | 6,286 | 6,729 |
| Operating Profit | −72 | −142 | −52 | −336 | −320 | −160 | −901 | −662 | −188 | 93 | 508 | 606 |
| OPM % | −92.3% | −157.8% | −15.6% | −68.3% | −41.5% | −18.0% | −63.2% | −25.9% | −5.5% | 1.9% | 7.5% | 8.3% |
| Other Income | 10 | 35 | 26 | 37 | 84 | 71 | 124 | 259 | 381 | 449 | 372 | 370 |
| Interest | 0 | 0 | 0 | 8 | 12 | 12 | 14 | 22 | 27 | 34 | 38 | 39 |
| Depreciation | 2 | 3 | 7 | 30 | 47 | 41 | 43 | 64 | 89 | 121 | 136 | 143 |
| Profit before tax | −64 | −110 | −34 | −337 | −295 | −142 | −833 | −488 | 77 | 387 | 707 | 794 |
| Net Profit | −64 | −110 | −59 | −347 | −304 | −150 | −833 | −488 | 64 | 352 | 670 | 748 |
| EPS (₹) | −17,719.44 | −30,600.00 | −16,396.12 | −91,265.79 | −80,007.89 | −6,583.70 | −18.53 | −10.82 | 1.48 | 7.67 | 14.48 | 16.19 |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 0 | 0 | 0 | 0 | 90 | 90 | 90 | 92 | 93 | — |
| Reserves | 97 | 301 | 787 | 489 | 1,265 | 1,990 | 5,322 | 5,386 | 5,781 | 6,341 | 7,219 | — |
| Borrowings | 0 | 1 | 1 | 90 | 110 | 110 | 159 | 227 | 253 | 322 | 360 | — |
| Other Liabilities | 29 | 43 | 92 | 172 | 202 | 230 | 344 | 551 | 604 | 776 | 1,035 | — |
| Total Liabilities | 126 | 345 | 880 | 751 | 1,576 | 2,331 | 5,915 | 6,254 | 6,729 | 7,531 | 8,707 | — |
| Fixed Assets | 4 | 6 | 11 | 119 | 147 | 125 | 205 | 313 | 359 | 418 | 441 | — |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Investments | 19 | 237 | 650 | 125 | 2 | 138 | 373 | 622 | 1,358 | 2,173 | 3,211 | — |
| Other Assets | 103 | 102 | 219 | 507 | 1,427 | 2,068 | 5,338 | 5,319 | 5,011 | 4,940 | 5,054 | — |
| Total Assets | 126 | 345 | 880 | 751 | 1,576 | 2,331 | 5,915 | 6,254 | 6,729 | 7,531 | 8,707 | — |
Cash Flows
| Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | −102 | −97 | −83 | −282 | −364 | 29 | −1,568 | −299 | 9 | −183 | 41 |
| Cash from Investing Activity | −15 | −244 | −434 | 375 | 79 | −1,202 | −2,125 | 46 | 301 | 492 | 225 |
| Cash from Financing Activity | 119 | 315 | 513 | −23 | 1,031 | 759 | 3,621 | −42 | −57 | −73 | −81 |
| Net Cash Flow | 2 | −27 | −5 | 69 | 746 | −415 | −71 | −295 | 253 | 236 | 186 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | — | −63.0 | — | −53.0 | −36.0 | −9.0 | −21.0 | −8.0 | 2.0 | 6.0 | 10.0 |
| ROE % | — | — | — | — | — | — | — | — | — | — | 9.8 |
| EPS (₹) | −17,719.44 | −30,600.00 | −16,396.12 | −91,265.79 | −80,007.89 | −6,583.70 | −18.53 | −10.82 | 1.48 | 7.67 | 14.48 |
| Book Value (₹) | — | — | — | — | — | — | — | — | — | — | 158.0 |
| Face Value (₹) | — | — | — | — | — | — | — | — | — | — | 2 |
| P/E | — | — | — | — | — | — | — | — | — | — | 62.6 |
| Div Yield % | — | — | — | — | — | — | — | — | — | — | 0.00 |
| NPM % | −72.7 | −88.0 | −16.4 | −65.6 | −35.6 | −15.7 | −53.8 | −17.3 | 1.7 | 6.5 | 9.3 |
| OPM % | −92.0 | −157.0 | −16.0 | −68.0 | −41.0 | −18.0 | −63.0 | −26.0 | −5.0 | 1.9 | 7.0 |
| D/E | 0.00 | 0.00 | 0.00 | 0.18 | 0.09 | 0.06 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 |
| P/B | — | — | — | — | — | — | — | — | — | — | 6.4 |
Growth
Compounded sales growth
10 years+54.0%
5 years+50.0%
3 years+38.0%
TTM+38.0%
Compounded profit growth
10 years+22.0%
5 years+42.0%
3 years+50.0%
TTM+99.0%
Stock price CAGR
3 years+11.0%
Last year−42.0%
Return on equity
5 years−1.0%
3 years6.0%
Last year10.0%
Documents
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportClosure of Trading WindowShareholder Meeting / Postal Ballot-Outcome of AGMCorporate actions
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman