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Pine Labs share price & results

Pine Labs Limited· Financial Services

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Merchant payments & prepaid issuing platform for commerce acceptance and affordability, India and abroad.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue737 ₹ crore+19.6% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin13.0 %+6.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit20.0 ₹ crore+300.0% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity2.77 %+5.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin5.94 %+10.2 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)19.54 %−9.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 9 judged targets kept · 8 open · verdicts reflect calls analysed to Q1 FY27.

Pine Labs Limited management guidance track record on Inve: 17 targets tracked across analysed earnings calls (1 achieved, 8 missed, 8 open).

TargetOriginal wordingSaidLatest callVerdict
Net Working Capital as % of Top Line15-16%
Call transcript, Q3 FY26 · 28 Jan 2026		Q3 FY26Q1 FY27:Promise for FY26 was achieved and has concluded. Management has issued new guidance for FY27.
Call transcript, Q1 FY27 · 29 Jul 2026		Achieved
Incremental Adjusted EBITDA Flow-through50-57%
Call transcript, Q2 FY26 · 3 Dec 2025		Q2 FY26Q1 FY27:Management did not provide an update on the incremental flow-through rate, instead focusing on full-year EBITDA margin guidance.
Call transcript, Q1 FY27 · 29 Jul 2026		Ghosted
FY27 Revenue Growth21% to 23.5%
Call transcript, Q4 FY26 · 1 Jun 2026		Q4 FY26Q1 FY27:Reported Q1 revenue growth of 20% YoY, which is close to the lower end of the full-year guidance (21-23.5%). Management reiterated the full-year guidance.
Call transcript, Q1 FY27 · 29 Jul 2026		On Track

Source: Inve Guidance Tracker for Pine Labs Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

8 of Pine Labs Limited's 17 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 14 more targets are in the full ledger.

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Price

₹154.85 +0.18% · +₹0.28

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −38.3% 1Y

₹150₹200₹250Nov 25Dec 25Feb 26Mar 26May 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 3 Dec 2025Q3 FY26 — 28 Jan 2026Q4 FY26 — 1 Jun 2026Q1 FY27 — 29 Jul 2026

1Y: ₹250.89 on 14 Nov 2025 → ₹154.85. High ₹250.89 (14 Nov 2025), low ₹137.94 (26 May 2026).

Previous close
₹154.57
Market cap
₹17.9k Cr
52-week range
₹137.94 – ₹250.89
Price to earnings (TTM to Jun 2026)
138.64×
Return on equity (TTM to Jun 2026)
2.77%

Overview

Symbol
NSE:PINELABS
Exchange
NSE
Currency
INR

What Pine Labs Limited does

Based on the company's own presentations, annual report and earnings calls.

Pine Labs builds commerce and fintech infrastructure across two lines: Digital Infrastructure & Transactions Processing (DITP), which covers in-store and online payment acceptance, flow/affordability financing at checkout, and fintech infrastructure (APIs for payments, data and underwriting) for banks and merchants; and Issuing & Acquiring Platform (IAP), which issues and processes prepaid, debit and credit instruments for brands and financial institutions. It earns processing fees as a percentage of gross transaction value on acceptance and issuance flows, and subscription/take-rate revenue on its affordability and infrastructure products. The company deploys point-of-sale devices (DCPs) with merchants, runs a prepaid/gift-card distribution business (Woohoo), and operates in India as well as Southeast Asia, the Middle East, Australia and the US.

Segments

  • Digital Infrastructure & Transactions Processing (DITP)
  • Issuing & Acquiring Platform (IAP)
Digital Checkout Points (DCPs) deployed
20.3 Lakh
Merchants on platform
11.0 Lakh
Annual transactions processed (FY26)
185 Crore
Brand partners on affordability network
450+
Issuer partners on affordability network
40+
Global airline partners (prepaid programs)
20+ (path to 50+ via Amadeus)
Company website

How the price took the results

close before → close after

Q1 FY27
−5.4%
29 Jul
Q4 FY26
−0.5%
1 Jun
Q3 FY26
+0.7%
28 Jan
Q2 FY26
−1.1%
3 Dec

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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