PB Fintech shares fall over 5% after company says it will infuse ₹696 crore in arm PB Healthcare Services

The decision was taken by the Board of Directors of PB Fintech Ltd. in a meeting held on Tuesday.

The board approved a proposal to invest an aggregate amount of up to ₹696 crore in PB Healthcare Services Private Limited, its wholly owned subsidiary, by way of subscribing or purchasing its shares or Compulsory Convertible Preference Shares during the financial year 2025-26, PB Fintech Ltd. said in a regulatory filing.

The said investment is, however, subject to the shareholder's approval through postal ballot and will be made along with other external investors in PB Healthcare Services Private Ltd., it said.

It further said that the capital infusion would be done to meet its general operating expenses and enhance brand awareness, office presence, and strategic initiatives.

PB Healthcare Services Private Ltd. was incorporated in January 2025 to carry on the business of healthcare and allied services in India.

PB Fintech Q3 Results

PB Fintech reported a sharp jump in third-quarter profit, aided by rising sales of insurance policies.

The company's consolidated net profit rose 88% from a year earlier to Rs 71.54 crore for the three months ended December 31.

Analysts said PB Fintech continues to benefit from increasing demand in India's largely untapped insurance policy aggregator sector, aided by improving financial awareness and income levels.

PB Fintech's revenue from operations rose 48% to Rs 1,292 crore, led by a 62% jump in insurance broker services, its largest segment.

The company's insurance premium grew 44%, mainly from a 47% growth in new health and life insurance premiums.

PB Fintech share price

Shares of PB Fintech have rallied 30% over the past 12 months.