Pine Labs Limited

BSE: PINELABS544606ISIN INE15B701018

Financial Services
Financial Technology (Fintech)
BSE 500

Share price

₹157.70+1.80 (+1.15%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹283.70
52W low: ₹134.75
Off 52W high: -44.41%
1M return: -5.79%
3M return: +6.66%
6M return: -20.75%
1Y return: —
20D avg volume: 13,82,888
50 DMA: ₹169.40
200 DMA: ₹173.16

Key ratios Consolidated

Market cap: ₹18,210 Cr
Current price: ₹157.70
52W high / low: ₹283.70 / ₹134.75
Face value: ₹1.00
P/E: 113.89
P/B: 3.03
EPS (TTM): ₹1.38
Book value / share: ₹52.13
ROE: —
ROCE: 3.60%
Operating margin: —
Net margin: —
Debt / equity: 0.05
Net debt: ₹-1,110 Cr
Interest cover: 2.63
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 93.0 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q4 FY25
Income statement
	806.19	736.92	700.51	744.27	649.90	—
	25.55	28.95	40.93	35.45	23.01	—
	831.74	765.87	741.44	779.72	672.91	—
	770.37	728.14	681.92	704.91	661.68	—
	0.00	0.00	0.00	0.00	0.00	—
	133.54	111.67	102.97	110.27	80.61	—
	267.68	267.52	246.48	263.31	267.86	—
	14.21	12.81	16.95	24.49	21.27	—
	75.92	73.30	70.89	68.13	65.87	—
	296.71	267.17	243.26	244.85	225.33	—
	61.37	37.73	59.52	74.81	11.23	—
	0.00	0.00	8.93	-12.22	0.00	—
	61.37	37.73	68.45	62.59	11.23	—
	22.80	18.16	9.05	20.16	5.19	—
	38.57	19.57	59.36	42.39	5.97	—
	0.33	0.17	0.52	0.38	0.06	—
Key metrics
	151.50	123.84	156.29	155.21	98.37	—
	18.80%	16.80%	22.30%	20.90%	15.10%	—
	4.80%	2.70%	8.50%	5.70%	0.90%	—
	1.20%	—	1.40%	—	0.80%	—
	24.00%	—	—	—	—	—
	546.10%	—	—	—	—	—

Metric	TTM	FY26	FY25
Income statement
	2,988	2,711	—
	130.88	136.56	—
	3,119	2,847	—
	2,885	2,706	—
	0.00	0.00	—
	458.45	364.57	—
	1,045	1,069	—
	68.46	84.13	—
	288.24	270.13	—
	1,052	916.70	—
	233.43	140.78	—
	-3.29	-3.29	—
	230.14	137.49	—
	70.17	24.77	—
	159.89	112.51	—
	1.40	1.05	—
Key metrics
	586.84	491.75	—
	19.64%	18.10%	—
	5.35%	4.20%	—
	—	3.60%	—
	—	157.01	—
	—	3.51	—
	—	0.05	—
	—	-1,110	—
	—	93.0	—
Balance sheet
	—	13,297	—
	—	10,884	—
	—	1,393	—
	—	1,042	—
	—	31.85	—
	—	230.58	—
	—	298.17	—
	—	383.08	—
	—	7,184	—
	—	282.87	—
	—	282.29	—
	—	0.58	—
	—	5,895	—
Cash flow
	—	395.39	—
	—	-1,339	—
	—	1,972	—
	—	238.38	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q4 FY25
Income statement
	607.29	535.00	515.42	548.40	435.00	—
	49.31	48.01	56.81	50.42	21.17	—
	656.60	583.01	572.23	598.82	456.17	—
	580.65	524.47	490.91	513.04	459.17	—
	0.00	0.00	0.00	0.00	0.00	—
	66.05	41.81	60.28	48.30	12.82	—
	200.03	199.27	171.26	188.80	190.34	—
	11.88	10.43	13.52	19.83	18.29	—
	56.06	54.49	51.31	48.48	46.72	—
	252.60	220.92	196.78	208.36	192.43	—
	75.95	58.54	81.32	85.78	-3.00	—
	0.00	0.00	8.52	-10.82	0.00	—
	75.95	58.54	89.84	74.96	-3.00	—
	19.22	14.88	22.55	18.33	0.80	—
	56.73	43.66	67.29	56.63	-2.20	—
	0.49	0.38	0.59	0.51	-0.02	—
Key metrics
	143.89	123.46	154.67	143.27	62.01	—
	23.70%	23.10%	30.00%	26.10%	14.30%	—
	9.30%	8.20%	13.10%	10.30%	-0.50%	—
	1.30%	—	1.60%	—	0.40%	—
	39.60%	—	—	—	—	—
	2,678.60%	—	—	—	—	—

Metric	TTM	FY26	FY25
Income statement
	2,206	1,926	—
	204.55	172.29	—
	2,411	2,098	—
	2,109	1,917	—
	0.00	0.00	—
	216.44	132.67	—
	759.36	753.25	—
	55.66	70.39	—
	210.34	192.21	—
	878.66	770.72	—
	301.59	181.07	—
	-2.30	-2.30	—
	299.29	178.77	—
	74.98	28.89	—
	224.31	149.88	—
	1.97	1.39	—
Key metrics
	565.29	441.37	—
	25.62%	22.90%	—
	10.17%	7.80%	—
	—	3.80%	—
	—	311.60	—
	—	3.27	—
	—	0.04	—
	—	-1,001	—
	—	90.3	—
Balance sheet
	—	13,479	—
	—	10,377	—
	—	1,252	—
	—	822.19	—
	—	19.95	—
	—	192.13	—
	—	246.35	—
	—	365.61	—
	—	6,963	—
	—	251.14	—
	—	250.56	—
	—	0.58	—
	—	6,358	—
Cash flow
	—	489.56	—
	—	-1,535	—
	—	1,985	—
	—	177.96	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 0.00%

Quarter	September 2026	June 2026
Promoter %	0.00%	0.00%

Holder	Type	Holding	Previous	Change
PEAK XV PARTNERS PINE INVESTMENT HOLDINGS	Public	16.72%	16.73%	-0.01%
SBI MUTUAL FUND - Through its various schemes	Public	6.96%	7.97%	-1.01%
MACRITCHIE INVESTMENTS PTE LTD	Public	5.77%	5.77%	0.00%
KOTAK LARGE & MIDCAP FUND - Through its various schemes	Public	4.97%	—	—
PAYPAL PTE. LTD	Public	4.93%	4.94%	-0.01%
FRANKLIN INDIA MUTUAL FUND - Through its various schemes	Public	4.63%	3.37%	+1.26%
NIPPON LIFE INDIA MUTUAL FUND - Through its various schemes	Public	2.62%	2.05%	+0.57%
BAIRAVARASU AMRISH RAU	Public	2.29%	2.29%	0.00%
ACT EQUITY HOLDINGS PTE LTD	Public	1.85%	1.85%	0.00%
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED	Public	1.53%	1.25%	+0.28%
SOFINA VENTURES SA	Public	1.45%	1.45%	0.00%
SG FINTECH AFFILIATES PTE LTD	Public	1.32%	1.32%	0.00%
AXIS MUTUAL FUND - Through its various schemes	Public	1.24%	1.24%	0.00%
BARON EMERGING MARKETS FUND	Public	1.18%	1.18%	0.00%
HSBC MUTUAL FUND - Through its various schemes	Public	1.13%	1.20%	-0.07%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
One 97 Communications Limited	1,11,338	1,733.95	130.42	3.70%	+23.79% TTM	+239.93% TTM	+36.72%
PB Fintech Limited	44,702	966.00	55.47	9.70%	+37.10% TTM	+74.53% TTM	-47.01%
Pine Labs Limited	18,210	157.70	113.89	3.60%	—	—	—
Moneyview Limited	9,701	55.11	—	—	+43.26% FY26	+1.01% FY26	—
Manipal Payment and Identity Solutions Limited	7,688	331.65	—	—	—	—	—
Seshaasai Technologies Limited	5,187	320.60	18.81	23.40%	—	—	-13.86%
AvenuesAI Limited	4,465	127.95	138.99	6.50%	+110.17% TTM	+42.78% TTM	—
Network People Services Technologies Limited	3,615	1,732.85	80.92	12.50%	—	—	-1.04%
One Mobikwik Systems Limited	1,705	215.70	60.92	-6.30%	+7.05% TTM	+115.33% TTM	-14.57%
Turtlemint Fintech Solutions Limited	1,678	56.99	—	-58.60%	—	—	—
WSFX Global Pay Limited S	82	64.99	12.01	19.70%	+28.41% TTM	+119.49% TTM	+1.47%
Suvidhaa Infoserve Limited	58	2.00	-5.44	-34.50%	-34.10% TTM	+54.49% TTM	—
AGS TRANSACT TECHNOLOGIES LIMITED	29	2.26	—	—	-19.14% TTM	-86.47% TTM	-45.01%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

As per the enclosed file4 Nov 2026 · Company Update / Earnings Call Transcript
As per the enclosed file30 Oct 2026 · Company Update / Newspaper Publication
As per the enclosed file.29 Oct 2026 · Company Update / Analyst / Investor Meet
As per the enclosed file.29 Oct 2026 · Company Update / Monitoring Agency Report
As per the enclosed file29 Oct 2026 · Company Update / Investor Presentation
As per the enclosed file29 Oct 2026 · Company Update / Press Release / Media Release
As per the enclosed file29 Oct 2026 · Result / Financial Results
As per the enclosed file.29 Oct 2026 · Board Meeting / Outcome of Board Meeting
As per enclosed file28 Oct 2026 · Company Update / General
As per the enclosed file21 Oct 2026 · Company Update / Acquisition
As per enclosed file19 Oct 2026 · Company Update / Analyst / Investor Meet
Pine Labs Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/10/2026 ,inter alia, to consider and approve As per enclosed file19 Oct 2026 · Board Meeting / Board Meeting
As per the enclosed file13 Oct 2026 · Company Update / General
As per the enclosed file29 Sep 2026 · Company Update / Press Release / Media Release
As per the enclosed file.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
As per the enclosed file.24 Sep 2026 · Company Update / Press Release / Media Release
As per the enclosed file24 Sep 2026 · Company Update / Press Release / Media Release
As per the enclosed file.22 Sep 2026 · Company Update / Allotment of ESOP / ESPS
As per the enclosed file18 Sep 2026 · AGM/EGM / AGM
As per enclosed file16 Sep 2026 · AGM/EGM / AGM
As per the attached file2 Sep 2026 · Company Update / Press Release / Media Release
As per the enclosed file25 Aug 2026 · Company Update / General
As per the enclosed file.24 Aug 2026 · Others / Reg. 34 (1) Annual Report
As per the enclosed file22 Aug 2026 · Company Update / Newspaper Publication
As per enclosed file.21 Aug 2026 · Company Update / General
As per enclosed file.21 Aug 2026 · AGM/EGM / AGM
As per the enclosed file.20 Aug 2026 · Company Update / Newspaper Publication
As per the enclosed file.19 Aug 2026 · Company Update / General
As per enclosed file10 Aug 2026 · Company Update / General
As per the enclosed file.3 Aug 2026 · Company Update / Earnings Call Transcript
As per the enclosed file29 Jul 2026 · Company Update / Analyst / Investor Meet
As per the enclosed file.29 Jul 2026 · Company Update / Newspaper Publication
As per the enclosed file.28 Jul 2026 · Company Update / Monitoring Agency Report
As per the enclosed file.28 Jul 2026 · Company Update / Press Release / Media Release
As per enclosed file.28 Jul 2026 · Company Update / Investor Presentation
As per the enclosed file.28 Jul 2026 · Result / Financial Results
As per enclosed file.28 Jul 2026 · Board Meeting / Outcome of Board Meeting
Pine Labs Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/07/2026 ,inter alia, to consider and approve As per enclosed file.22 Jul 2026 · Board Meeting / Board Meeting
As per enclosed file17 Jul 2026 · Company Update / Change in Management
As per the enclosed file.7 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Board meetings

29 Oct 2026 Board Meeting - Financial Results
28 Jul 2026 Board Meeting - Financial Results