Pine Labs

  • Market Cap: Small Cap
  • Industry: Financial Technology (Fintech)
  • ISIN: INE15B701018
  • NSEID: PINELABS
  • BSEID: 544606
INR
181.40
-7 (-3.72%)
BSENSE

Sep 24, 12:45 PM

BSE+NSE Vol: 1.86 cr

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.86 cr (-54.55%) Volume

Shareholding (Jun 2026)

FII

9.49%

Held by 78 FIIs

DII

24.83%

Held by 67 DIIs

Promoter

0.00%

Why is Pine Labs Ltd falling/rising?

06-Sep-2026

As of 05-Sep, Pine Labs Ltd's stock price is rising to 166.15, reflecting a 6.17% increase. This growth is driven by strong financial performance, increased investor interest, and high institutional holdings, despite some valuation concerns.

As of 05-Sep, Pine Labs Ltd's stock price is rising, currently at 166.15, reflecting a change of 9.65 or 6.17% increase. This upward movement can be attributed to several positive factors. The stock has outperformed the sector by 6.36% today, indicating strong market performance relative to its peers. Additionally, the stock reached an intraday high of Rs 168.15, which is a 7.44% increase from the previous close.<BR><BR>Investor participation has also increased, with a delivery volume of 81.99 lacs on September 3, which is up by 5.56% compared to the 5-day average. This suggests growing interest and confidence among investors. Furthermore, the company is net-debt free and has reported positive results for the last two consecutive quarters, with significant growth in key financial metrics such as a 775.8% increase in profit before tax less other income and a 20.13% growth in net sales over the past nine months.<BR><BR>Moreover, the stock's performance over the past month shows a 10.00% increase, while the benchmark Sensex has declined by 2.44% during the same period, highlighting the stock's relative strength. High institutional holdings at 34.31%, which have increased by 17.7% over the previous quarter, further support the stock's upward trajectory, as institutional investors typically have more resources to analyze and invest in companies.<BR><BR>In summary, Pine Labs Ltd's stock is rising due to strong performance metrics, increased investor participation, and positive institutional sentiment, despite some concerns regarding its valuation and return on equity.

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Should I buy, sell or hold Pine Labs Ltd?

02-Sep-2026

What does Pine Labs do?

01-Sep-2026

Pine Labs Ltd is a fintech company based in India, specializing in payment solutions. As of June 2026, it reported net sales of 737 Cr and a net profit of 20 Cr, with a market cap of INR 18,669 Cr.

Overview:<BR>Pine Labs Ltd is a financial technology (fintech) company operating in the small-cap market segment.<BR><BR>History:<BR>Pine Labs Limited was incorporated in 1998 as a private limited company in New Delhi, India. It later converted to a public limited company and changed its name to Pine Labs Limited in June 2025. The most recent quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 737 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 20 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 18,669 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 148.00<BR>- Industry P/E: 22<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -1.32<BR>- Return on Equity: 1.95%<BR>- Price to Book: 3.23<BR><BR>Contact Details:<BR>Registrar Address: Not available.

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Who are the peers of the Pine Labs?

01-Sep-2026

Pine Labs' peers include One 97, PB Fintech, AvenuesAI, One Mobikwik, Fino Payments, WSFX Global, Suvidhaa Info, AGS Transact, and MOS Utility. Among these, One 97 has the highest 1-year return at 39.08%, while Fino Payments has the lowest at -50.22%.

Peers: The peers of Pine Labs are One 97, PB Fintech., AvenuesAI, One Mobikwik, Fino Payments, WSFX Global, Suvidhaa Info., AGS Transact, and MOS Utility.<BR><BR>Quality Snapshot: Excellent management risk is observed at One 97, PB Fintech., and MOS Utility, while Average management risk is found at Pine Labs and One 97. Below Average management risk is noted at AvenuesAI, One Mobikwik, Fino Payments, WSFX Global, Suvidhaa Info., AGS Transact, and the rest. In terms of Growth, Excellent growth is seen at PB Fintech., AvenuesAI, WSFX Global, and MOS Utility, while Good growth is noted at One 97 and One Mobikwik, and Average growth is observed at Fino Payments. Below Average growth is found at Suvidhaa Info. and AGS Transact. For Capital Structure, Excellent capital structure is present at One 97, PB Fintech., AvenuesAI, One Mobikwik, Fino Payments, WSFX Global, and MOS Utility, while Good capital structure is noted at MOS Utility, and Below Average capital structure is observed at Suvidhaa Info. and AGS Transact.<BR><BR>Return Snapshot: The peer with the highest 1-year return is One 97 at 39.08%, while the peer with the lowest 1-year return is Fino Payments at -50.22%. Pine Labs does not have a 1-year return available for comparison. Additionally, AvenuesAI, One Mobikwik, Fino Payments, Suvidhaa Info., AGS Transact, and MOS Utility all have negative six-month returns.

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How big is Pine Labs?

01-Sep-2026

As of 31st August, Pine Labs Ltd has a market capitalization of 18,669.00 Cr, with net sales of 2,831.60 Cr and a net profit of 127.29 Cr in the latest 4 quarters. The company reported shareholder's funds of 5,895.41 Cr and total assets of 13,133.04 Cr for the annual period ending in March 2026.

As of 31st August, Pine Labs Ltd has a market capitalization of 18,669.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest 4 quarters, Pine Labs reported net sales of 2,831.60 Cr and a net profit of 127.29 Cr.<BR><BR>For the latest annual period ending in March 2026, the company had shareholder's funds amounting to 5,895.41 Cr and total assets of 13,133.04 Cr.

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Are Pine Labs Ltd latest results good or bad?

29-Jul-2026

Pine Labs Ltd's latest results show strong revenue growth and a significant net profit increase, but concerns arise from sharp declines in operating and profit margins, as well as heavy reliance on non-operating income. Investors should be cautious due to these margin pressures and elevated tax rates.

Pine Labs Ltd's latest results present a mixed picture. On one hand, the company achieved a significant year-on-year net profit increase of 308.56%, reaching ₹19.57 crores in Q1 FY27. Additionally, revenue grew by 19.65% year-on-year and 5.20% sequentially, indicating strong top-line momentum.<BR><BR>However, there are notable concerns regarding margin performance. The operating margin decreased sharply to 12.88%, down 477 basis points from the previous quarter, and the profit after tax margin fell to 2.66%, a decline of 581 basis points. This compression in margins suggests rising operational costs are outpacing revenue growth, which could pose challenges for sustainable profitability.<BR><BR>Furthermore, the company's heavy reliance on other income—accounting for 76.73% of profit before tax—raises questions about the quality and sustainability of its earnings. The elevated tax rate of 48.13% in this quarter compared to 13.23% in the previous quarter also adds to the uncertainty.<BR><BR>In summary, while Pine Labs has demonstrated strong revenue growth and a transition to profitability, the significant margin compression and reliance on non-operating income indicate that the results are not entirely positive. Investors may want to approach the stock with caution, keeping an eye on how the company manages its costs and margins in the coming quarters.

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When is the next results date for Pine Labs Ltd?

23-Jul-2026

The next results date for Pine Labs Ltd is 28 July 2026.

The next results date for Pine Labs Ltd is scheduled for 28 July 2026.

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iScoreScore

Dashboard

1

The company is Net-Debt Free

 
2

Low Debt Company with Strong Long Term Fundamental Strength

 
3

The company has declared Positive results for the last 2 consecutive quarters

4

With ROE of 2, it has a Very Expensive valuation with a 3.7 Price to Book Value

5

High Institutional Holdings at 34.31%

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Financial Technology (Fintech)

stock-summary
Market cap

INR 20,947 Cr (Small Cap)

stock-summary
P/E

170.00

stock-summary
Industry P/E

20

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-1.32

stock-summary
Return on Equity

1.95%

stock-summary
Price to Book

3.69

Revenue and Profits:
Net Sales:
737 Cr
(Quarterly Results - Jun 2026)
Net Profit:
20 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
12.5%
0%
12.5%
6 Months
9.11%
0%
9.11%
1 Year
0%
0%
0.0%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Pine Labs for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

22-Sep-2026 | Source : BSE

As per the enclosed file.

Shareholder Meeting / Postal Ballot-Scrutinizers Report

18-Sep-2026 | Source : BSE

As per the enclosed file

Shareholder Meeting / Postal Ballot-Outcome of AGM

16-Sep-2026 | Source : BSE

As per enclosed file

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
0
EBIT Growth (5y)
0
EBIT to Interest (avg)
-1.97
Debt to EBITDA (avg)
2.58
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.46
Tax Ratio
18.02%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
34.31%
ROCE (avg)
0.13%
ROE (avg)
0

Valuation key factors

Factor
Value
P/E Ratio
170
Industry P/E
20
Price to Book Value
3.69
EV to EBIT
157.93
EV to EBITDA
38.92
EV to Capital Employed
-7.38
EV to Sales
5.15
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
1.95%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
RSI
No Signal
Bollinger Bands
Mildly Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bullish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jun 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 25 Schemes (21.25%)

FIIs

Held by 78 FIIs (9.49%)

Promoter with highest holding

None

Highest Public shareholder

Peak Xv Partners Pine Investment Holdings (16.73%)

Individual Investors Holdings

12.3%

stock-summaryFinancial
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Quarterly Results Snapshot (Standalone) - Jun'26 - QoQstock-summary

Jun'26
Mar'26
Change(%)
Net Sales
535.00
515.42
3.80%
Operating Profit (PBDIT) excl Other Income
75.45
89.34
-15.55%
Interest
10.43
13.52
-22.86%
Exceptional Items
0.00
8.52
-100.00%
Standalone Net Profit
43.66
67.29
-35.12%
Operating Profit Margin (Excl OI)
14.10%
17.33%
-3.23%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2026 is 3.80% vs -6.01% in Mar 2026

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Jun 2026 is -35.12% vs 18.82% in Mar 2026

Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
862.27
750.09
14.96%
Operating Profit (PBDIT) excl Other Income
78.37
55.99
39.97%
Interest
37.04
31.85
16.30%
Exceptional Items
0.00
0.00
Standalone Net Profit
26.50
-24.92
206.34%
Operating Profit Margin (Excl OI)
9.09%
7.46%
1.63%
Values in Rs Cr.
Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

Nine Monthly Results Snapshot (Standalone) - Dec'25stock-summary

Dec'25
Mar'25
Change(%)
Net Sales
1,410.67
1,165.71
21.01%
Operating Profit (PBDIT) excl Other Income
182.04
107.01
70.11%
Interest
56.87
51.03
11.44%
Exceptional Items
-10.82
0.00
Standalone Net Profit
83.13
12.79
549.96%
Operating Profit Margin (Excl OI)
12.90%
9.18%
3.72%
Values in Rs Cr.
Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

Annual Results Snapshot (Consolidated) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
2,710.59
2,274.27
19.19%
Operating Profit (PBDIT) excl Other Income
358.48
218.41
64.13%
Interest
84.13
78.96
6.55%
Exceptional Items
-3.29
-36.57
91.00%
Consolidate Net Profit
112.51
-145.49
177.33%
Operating Profit Margin (Excl OI)
13.23%
9.60%
3.63%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is 19.19% vs 28.52% in Mar 2025

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2026 is 177.33% vs 57.45% in Mar 2025

stock-summaryCompany CV
About Pine Labs Ltd stock-summary
stock-summary
Pine Labs Ltd
Small Cap
Financial Technology (Fintech)
Pine Labs Limited was incorporated as `Pine Labs Private Limited' at New Delhi, India as a private limited company, pursuant to a certificate of incorporation dated May 18, 1998 issued by the Registrar of Companies, Delhi and Haryana at New Delhi. Subsequently, Company was converted to a public limited company and the name was changed to `Pine Labs Limited' via certificate dated June 6, 2025 issued by the RoC.
Company Coordinates stock-summary
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