Pine Labs
- Market cap
- ₹ 17,867 Cr.
- P/E
- 137.9x
- P/B
- 3.15x
- 52-week range
- 134.73 – 284
- ROE
- 2%
- ROCE
- 4%
- Dividend yield
- 0%
- Debt / equity
- 0.07
- Sector
- Financial Technology (Fintech)
- Industry
- Financial Technology (Fintech)
- Listed on
- NSE, BSE
About
Pine Labs Limited is an India-based technology company focused on digitizing commerce, through digital payments and issuing solutions in India and globally. The Company's digital payments business provides software solutions across channels, including online payments designed to deliver secure online payment experiences to the end user, powered by a tech stack. It also provides integrated solutions for merchants and consumer brands and enterprises, and Fintech (Financial Technology) infrastructure solutions for financial institutions. Its issuing business offers a full-stack, end-to-end technology service solution in physical prepaid instruments, gift cards, and sales/ distribution space, with brands and customers from the retail, hospitality and travel industries. Its products include in-store payments, online payments, prepaid, fintech infrastructure and credit processing. It also provides an online checkout optimization platform.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Financial Technology (Fintech): 14 companies →Pine Labs against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)137.9 against a typical 57.4: pricier than most peers (1st = cheapest).11th of 13
- Sales growth+19.6% against a typical +24.2% from a year earlier.8th of 12
- Profit growth+300% against a typical +73.2% from a year earlier.1st of 8
- Share price, 3 months+6.1% against a typical −10.5%.4th of 13
- Size₹ 17,867.5 Cr. market value against a typical ₹ 3,381 Cr. (1st = largest).3rd of 13
Latest announcements
Exchange filings and their impact on the company.
- Pine Labs infused about Rs 25 crore into its wholly owned subsidiary SFNPL via a rights issue.
Pine Labs Limited invested Rs 24.99 crore to subscribe to 49869 equity shares of its wholly owned subsidiary Synergistic Financial Networks Private Limited via a rights issue. The company said there is no change in its shareholding percentage in the subsidiary after the investment. At about Rs 25 crore the infusion is very small versus Pine Labs FY26 revenue of Rs 2711 crore and net worth of about Rs 5896 crore, so no meaningful near-term impact on consolidated business is expected.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Oct 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 28 Jul 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 25 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 28 Jan 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 3 Dec 2025 | Financial Results/Other business matters | To consider and approve the financial results for the quarter and half year ended September 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 552 | 602 | 599 | 616 | 650 | 744 | 701 | 737 |
| Expenses | 519 | 525 | 542 | 571 | 575 | 612 | 594 | 642 |
| Operating Profit | 32 | 77 | 57 | 45 | 75 | 132 | 106 | 95 |
| OPM % | 6% | 13% | 9% | 7% | 12% | 18% | 15% | 13% |
| Other Income | 22 | −30 | 12 | 37 | 23 | 23 | 50 | 29 |
| Interest | 18 | 22 | 22 | 21 | 21 | 24 | 17 | 13 |
| Depreciation | 75 | 76 | 69 | 65 | 66 | 68 | 71 | 73 |
| Profit before tax | −38 | −51 | −22 | −5 | 11 | 63 | 68 | 38 |
| Tax % | −16% | 11% | 30% | −199% | 47% | 32% | 13% | 48% |
| Net Profit | −32 | −57 | −29 | 5 | 6 | 42 | 59 | 20 |
| EPS in Rs | −0.38 | −0.67 | −0.34 | 0.11 | 0.13 | 0.37 | 0.52 | 0.17 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 32%
- 3 Years
- 19%
- TTM
- 20%
- 10 Years
- —
- 5 Years
- 32%
- 3 Years
- 36%
- TTM
- 262%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- −4%
- 3 Years
- −3%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Pine Labs | ₹ 161.00 | ₹ 17,867 Cr. | 137.9x | 3.2x | 2% | — |
| Bajaj Finance | ₹ 927.00 | ₹ 5,77,146 Cr. | 25x | 5.8x | 18.1% | 23.7% |
| Shriram Finance | ₹ 867.00 | ₹ 2,04,004 Cr. | 13.9x | 3x | 16.4% | 20.9% |
| Jio Financial Services | ₹ 205.00 | ₹ 1,35,364 Cr. | 95.5x | 1.2x | — | 49.8% |
| Tata Capital | ₹ 307.05 | ₹ 1,30,358 Cr. | 20.5x | 3.3x | 12.3% | 16% |
| Power Finance Corporation | ₹ 316.00 | ₹ 1,04,283 Cr. | 5.4x | 1x | 20.7% | 29.1% |
Management
- Bairavarasu Amrish Rau
- Executive Chairman of the Board, Chief Executive Officer, Managing Director
- Kush Mehra
- President, Executive Director, Chief Business Officer - Digital Infrastructure and Transaction
- Sameer Vasudev Kamath
- Chief Financial Officer
- Neerav Mehta
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.