Shares of PB Fintech were among the top losers on the Nifty Midcap 150, trading at Rs 1,486, a 3.01% decline. Other significant losers on the index included KPR Mill, Aurobindo Pharm, One 97 Paytm, and NHPC.
PB Fintech's financial performance shows a fluctuating revenue trend over the past few quarters. Revenue for the quarter-ending December 2025 stood at Rs 1,771.15 Crore, compared to Rs 1,613.55 Crore in September 2025. The net profit for December 2025 was Rs 188.92 Crore, up from Rs 132.07 Crore in the previous quarter.
Here is a summary of the consolidated quarterly financials:
| Heading | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 1,291.62 Crore | Rs 1,507.87 Crore | Rs 1,347.99 Crore | Rs 1,613.55 Crore | Rs 1,771.15 Crore |
| Net Profit | Rs 71.60 Crore | Rs 170.88 Crore | Rs 83.20 Crore | Rs 132.07 Crore | Rs 188.92 Crore |
| EPS | 1.57 | 3.73 | 1.85 | 2.94 | 4.11 |
The yearly financial performance reveals consistent revenue growth from 2021 to 2025. The company's revenue increased from Rs 886.66 Crore in 2021 to Rs 4,977.21 Crore in 2025. The net profit has also seen a significant turnaround, from a loss of Rs 150.24 Crore in 2021 to a profit of Rs 352.90 Crore in 2025.
The consolidated yearly financials are presented below:
| Heading | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 886.66 Crore | Rs 1,424.89 Crore | Rs 2,557.85 Crore | Rs 3,437.68 Crore | Rs 4,977.21 Crore |
| Net Profit | -Rs 150.24 Crore | -Rs 832.87 Crore | -Rs 487.77 Crore | Rs 66.43 Crore | Rs 352.90 Crore |
| EPS | -2,056.23 | -20.34 | -10.97 | 1.50 | 7.77 |
| BVPS | 87,304.61 | 120.39 | 121.85 | 130.12 | 140.06 |
| ROE | -7.54 | -15.39 | -8.89 | 1.14 | 5.48 |
| Debt to Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
The standalone yearly income statement provides insights into the company's sales, income, and profitability. Total income decreased from Rs 411 crore in March 2021 to Rs 179 crore in March 2025. The net profit also declined from Rs 13 crore in March 2021 to Rs 19 crore in March 2025.
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | Rs 153 Crore | Rs 110 Crore | Rs 134 Crore | Rs 103 Crore | Rs 123 Crore |
| Other Income | Rs 258 Crore | Rs 252 Crore | Rs 194 Crore | Rs 114 Crore | Rs 56 Crore |
| Total Income | Rs 411 Crore | Rs 362 Crore | Rs 328 Crore | Rs 217 Crore | Rs 179 Crore |
| Total Expenditure | Rs 396 Crore | Rs 317 Crore | Rs 402 Crore | Rs 516 Crore | Rs 150 Crore |
| EBIT | Rs 15 Crore | Rs 44 Crore | -Rs 73 Crore | -Rs 299 Crore | Rs 28 Crore |
| Interest | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 1 Crore | Rs 1 Crore |
| Tax | Rs 1 Crore | Rs 8 Crore | Rs 0 Crore | Rs 0 Crore | Rs 8 Crore |
| Net Profit | Rs 13 Crore | Rs 36 Crore | -Rs 74 Crore | -Rs 299 Crore | Rs 19 Crore |
The standalone quarterly performance shows a similar trend. Sales decreased from Rs 53 crore in December 2024 to Rs 38 crore in December 2025. Net profit also decreased from Rs 15 crore to Rs 13 crore during the same period.
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 53 Crore | Rs 49 Crore | Rs 40 Crore | Rs 46 Crore | Rs 38 Crore |
| Other Income | Rs 54 Crore | Rs 52 Crore | Rs 56 Crore | Rs 63 Crore | Rs 65 Crore |
| Total Income | Rs 107 Crore | Rs 101 Crore | Rs 96 Crore | Rs 110 Crore | Rs 104 Crore |
| Total Expenditure | Rs 87 Crore | Rs 100 Crore | Rs 88 Crore | Rs 131 Crore | Rs 86 Crore |
| EBIT | Rs 20 Crore | Rs 1 Crore | Rs 8 Crore | -Rs 21 Crore | Rs 18 Crore |
| Interest | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore |
| Tax | Rs 3 Crore | Rs 0 Crore | Rs 0 Crore | -Rs 5 Crore | Rs 4 Crore |
| Net Profit | Rs 15 Crore | Rs 0 Crore | Rs 7 Crore | -Rs 15 Crore | Rs 13 Crore |
The cash flow statement shows that net cash flow increased from -Rs 436 crore in March 2021 to Rs 210 crore in March 2025.
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Operating Activities | -Rs 102 Crore | Rs 42 Crore | -Rs 4 Crore | -Rs 56 Crore | Rs 70 Crore |
| Investing Activities | Rs 315 Crore | Rs 95 Crore | -Rs 179 Crore | -Rs 3,748 Crore | -Rs 1,282 Crore |
| Financing Activities | -Rs 2 Crore | -Rs 3 Crore | -Rs 3 Crore | Rs 3,641 Crore | Rs 776 Crore |
| Others | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore |
| Net Cash Flow | Rs 210 Crore | Rs 134 Crore | -Rs 188 Crore | -Rs 163 Crore | -Rs 436 Crore |
The balance sheet shows that total liabilities increased from Rs 2,998 crore in March 2021 to Rs 8,059 crore in March 2025. Total assets also increased from Rs 2,998 crore to Rs 8,059 crore during the same period.
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Share Capital | Rs 91 Crore | Rs 90 Crore | Rs 90 Crore | Rs 89 Crore | Rs 0 Crore |
| Reserves & Surplus | Rs 7,865 Crore | Rs 7,639 Crore | Rs 7,272 Crore | Rs 6,804 Crore | Rs 2,939 Crore |
| Current Liabilities | Rs 99 Crore | Rs 72 Crore | Rs 16 Crore | Rs 18 Crore | Rs 43 Crore |
| Other Liabilities | Rs 2 Crore | Rs 3 Crore | Rs 7 Crore | Rs 11 Crore | Rs 15 Crore |
| Total Liabilities | Rs 8,059 Crore | Rs 7,805 Crore | Rs 7,387 Crore | Rs 6,924 Crore | Rs 2,998 Crore |
| Fixed Assets | Rs 2 Crore | Rs 5 Crore | Rs 8 Crore | Rs 11 Crore | Rs 15 Crore |
| Current Assets | Rs 2,043 Crore | Rs 2,869 Crore | Rs 2,189 Crore | Rs 4,677 Crore | Rs 1,811 Crore |
| Other Assets | Rs 6,013 Crore | Rs 4,930 Crore | Rs 5,189 Crore | Rs 2,235 Crore | Rs 1,171 Crore |
| Total Assets | Rs 8,059 Crore | Rs 7,805 Crore | Rs 7,387 Crore | Rs 6,924 Crore | Rs 2,998 Crore |
| Contingent Liabilities | Rs 0 Crore | Rs 89 Crore | Rs 68 Crore | Rs 25 Crore | Rs 26 Crore |
Overall, PB Fintech's stock is currently facing downward pressure, as reflected by its position among the top losers on the Nifty Midcap 150. A recent Moneycontrol analysis indicates very bearish sentiment on the stock.
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