PB Fintech Ltd Q1 2025 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Sachin Salgaonkar - BofA Global Research - Analyst : I have three questions. First, again, following up on Paisabazaar or credit, it looks like the industry recovery towards unsecured is also slow. Any general thoughts in terms of how much time we could see from a recovery perspective or any plans to completely revisit what you're doing from a business perspective out here?

Question: Sachin Salgaonkar - BofA Global Research - Analyst : Naveen, a quick follow-up, what's the right to win in the secured lending for you guys as a fintech because you end up competing with the traditional guys who have been in this space for many years?

Question: Sachin Salgaonkar - BofA Global Research - Analyst : My second question is I just wanted to check if there is any one-offs in employee expense or ESOP because that appears to have moved on a QoQ basis out here?

Question: Sachin Salgaonkar - BofA Global Research - Analyst : Got it. And this came both in employee as well as ESOP, right? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. AUGUST 07, 2024 / 2:30AM, PBFI.NS - Q1 2025 PB Fintech Ltd Earnings Call

Question: Sachin Salgaonkar - BofA Global Research - Analyst : And last question, what I have is regarding your perhaps possibility of a shareholder returns. The way we look at it, your new initiative business is scaling. There's no big M&A, which you guys are looking to do. And with the core business growing, clearly, you guys will be generating a decent amount of cash going ahead, plus there's a good cash on balance sheet. So Yashish, any thoughts of potential shareholder returns, not immediately, but let's say, 12 to 18 months down the line?