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Pine Labs Limited

PINELABS BSE Financial Services

Pine Labs Limited, a technology company, provides digital payments and issuing solutions for merchants, consumer brands and enterprises, and financial institutions in India and internationally. It operates through Digit…

ISIN INE15B701018
Listed β€”
Quarters tracked 7
Filings 5 docs

About

Pine Labs Limited, a technology company, provides digital payments and issuing solutions for merchants, consumer brands and enterprises, and financial institutions in India and internationally. It operates through Digital Infrastructure and Transaction Platform, and Issuing and Acquiring Platform segments. The Digital Infrastructure and Transaction Platform segment provides technology platforms under the brand name of Pinelabs, Mosambee, Benow, Setu, Qfix, and Fave to merchants that enables acceptance of instore or online digital payments. These technology platforms and infrastructure allow merchants to accept debit cards, credit cards, prepaid instruments wallets, QR codes, unified payment interface (UPI), loyalty points, pay later, online fee collection, etc., as well as provide application programming interface (API) modules to customers for building financial products that facilitates bill payments, credit, and savings. It also engages in selling digital checkout points devices. The Issuing and Acquiring Platform segment provides a technology platform to issue, process, and distribute prepaid cards. It also monetizes by charging a processing fee from merchants who are utilizing the technology platform and in the case of distribution. The company was incorporated in 1998 and is based in Noida, India.

Key Metrics

as of Sep 2026
Market Cap19,197 Cr
P/E148.00
Div Yield0.00 %
Book Valueβ‚Ή51.30
52w Highβ‚Ή284.00
52w Lowβ‚Ή135.00
Face Valueβ‚Ή1.00

Quarterly Results

Rs. Crores Β· hover row for definition
Metric Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Sep 2024
Sales 535.00 515.00 548.00 435.00 427.00 416.00 377.00
Expenses 460.00 426.00 445.00 394.00 390.00 365.00 362.00
Operating Profit 75.00 89.00 104.00 41.00 38.00 51.00 15.00
OPM % 14.00 17.00 19.00 9.00 9.00 12.00 3.90
Other Income 48.00 65.00 40.00 21.00 44.00 62.00 29.00
Depreciation 54.00 51.00 48.00 47.00 46.00 49.00 50.00
Interest 10.00 14.00 20.00 18.00 19.00 19.00 16.00
Profit before tax 59.00 90.00 75.00 -3.00 17.00 44.00 -22.00
Tax % 25.00 25.00 24.00 -27.00 -66.00 15.00 -31.00
Net Profit 44.00 67.00 57.00 -2.00 28.00 38.00 -15.00
EPS in Rs 0.38 0.59 0.49 -0.05 0.63 0.45 -0.18

Profit & Loss

Annual Β· Rs. Crores
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Sales 1,926.001,597.001,333.001,281.00932.00650.00664.00
Expenses 1,650.001,421.001,230.001,130.00820.00552.00606.00
Operating Profit 276.00177.00104.00151.00112.0098.0058.00
OPM % 14.0011.008.0012.0012.0015.009.00
Other Income 170.00143.0042.0047.0025.0033.0014.00
Interest 70.0070.0058.0034.0024.0022.0016.00
Depreciation 197.00213.00328.00239.00189.00183.00102.00
Profit before tax 179.0036.00-240.00-75.00-74.00-74.00-46.00
Tax % 16.0022.00-22.00-25.00-70.00-25.00-27.00
Net Profit 150.0028.00-187.00-56.00-23.00-56.00-33.00
EPS in Rs 1.310.33-2.23-4.02-1.67-4.34-2.78
Dividend Payout % 0.000.000.000.000.000.000.00

Balance Sheet

Annual Β· Rs. Crores β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Equity Capital 115.000.1084.0014.0014.0013.0012.00
Reserves 6,243.003,863.001,961.002,171.001,900.001,178.001,048.00
Borrowings 371.00923.00575.00390.00236.00191.00147.00
Other Liabilities 6,750.005,991.005,283.004,829.004,111.003,185.00477.00
Total Liabilities 13,479.0010,778.007,903.007,403.006,260.004,567.001,684.00
Fixed Assets 977.00942.00985.001,115.001,019.00980.00328.00
CWIP 83.00134.00201.00251.00122.0048.0052.00
Investments 1,746.001,420.0016.0013.0050.0034.00761.00
Other Assets 10,674.008,282.006,700.006,024.005,070.003,505.00543.00
Total Assets 13,479.0010,778.007,903.007,403.006,260.004,567.001,684.00

Cash Flows

Annual Β· Rs. Crores β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Cash from Operating Activity 490.0011.00-34.00-38.00-79.00109.00100.00
Cash from Investing Activity -2,152.00-431.00-37.00-261.00-443.00-256.00-973.00
Cash from Financing Activity 1,985.00-195.00-79.00935.001,644.00823.00893.00
Net Cash Flow 322.00-616.00-150.00635.001,122.00676.0019.00
Free Cash Flow 320.00-80.00-246.00-377.00-407.00-56.00-65.00
CFO/OP % 169.00-33.00-36.0026.00-25.00126.00220.00

Ratios

Annual Β· Days / % β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Debtor Days 156.00152.00138.00137.00116.00202.0054.00
Inventory Days 56.00β€”β€”β€”β€”23.005.00
Days Payable 1,021.00β€”β€”β€”β€”1,347.0058.00
Cash Conversion Cycle -809.00152.00138.00137.00116.00-1,121.000.00
Working Capital Days -883.00-1,056.00-1,116.00-1,035.00-1,255.00-1,343.00-102.00
ROCE % 4.002.00-7.00-2.00-3.00-4.00β€”

Shareholding Pattern

% holding β€” latest first
Holder Jun 2026 Mar 2026 Dec 2025
FIIs 9.49 4.80 5.23
DIIs 24.82 11.81 11.26
Public 65.68 83.39 83.51
No. of Shareholders 178,120 117,551 127,792

Corporate Actions

No corporate actions recorded.

Announcements

5 filings