PB Fintech Shares Hit 52-Week Low Post Q2 Results

Limited shares declined sharply by 7% during trading to touch a new 52-week low following the release of its financial results for the second quarter of FY27. The sharp correction came amid mixed reactions and cautious commentary from major global brokerages regarding operational expenses and growth pacing. Although top-line performance exhibited steady expansion, elevated marketing and advertising expenditures weighed down profitability margins during the quarter. According to brokerage reports, consolidated revenue grew robustly by 35% year-on-year, outperforming several preliminary street estimates. However, adjusted EBITDA came in at Rs 220 crore, marking a 39% year-on-year increase that still fell slightly short of specific analyst expectations due to higher-than-anticipated cost burn. Analysts highlighted that increased customer acquisition costs and heightened promotional spending to capture market share impacted near-term operating leverage, triggering broad selling pressure from institutional investors. Market experts remain divided on the near-term outlook for the parent company of Policybazaar and Paisabazaar. While some brokerages flagged potential risks of moderation in sequential growth momentum as specific tailwinds normalize in the second half of the fiscal year, others noted that long-term digital insurance adoption trends remain intact. Management maintains an optimistic stance, projecting strong core insurance premium growth ahead, though near-term caution continues to dominate market sentiment.