PB Fintech Second Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags

PB Fintech (NSE:POLICYBZR) Second Quarter 2023 Results

Key Financial Results

• Net loss: ₹1.87b (loss narrowed by 37% from 2Q 2022).
• ₹4.19 loss per share (improved from ₹7.00 loss in 2Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

PB Fintech Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 8.6%. Earnings per share (EPS) missed analyst estimates by 26%.

Looking ahead, revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Insurance industry in India.

Performance of the Indian Insurance industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for PB Fintech you should know about.

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