Pine Labs Limited

NSE: PINELABS · Financial Technology (Fintech) · sector

₹154.85NSE close 2026-10-26

Key numbers

Market cap₹17,868 cr

Price₹154.85

52w high / low₹284 / ₹135

P/E137.0xSector median 73.3x

P/B3.0xSector median 3.6x

Book value₹51.1

Dividend yield–Sector median 0.23%

ROE2.2%Sector median 4.2%

ROCE–Sector median 4.4%

OPM14.3%Sector median 5.2%

Debt / equity–Sector median 0.07x

EV/EBITDA–Sector median 17.2x

Interest cover–

Current ratio–

Sales growth 3y–Sector median +32.8%

Profit growth 3y–Sector median +49.9%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 12 companies in Financial Technology (Fintech) (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹8,226 cr vs borrowings ₹283 cr (FY26): cash is higher (net cash).
Other income was 101% of net profit in the last 12 months.
No dividend in the last 1 financial years.
Price ₹154.85 on 2026-10-26: -45.5% from the 52-week high, +14.9% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹250.30 · low ₹142.07

Quarterly results

₹ cr	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	650	744	701	737
EBITDA	75	120	115	95
OPM %	11.6%	16.1%	16.5%	12.9%
Other income	23	35	41	29
Net profit	6	42	59	20
EPS (₹)	0.06	0.38	0.52	0.17

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY26	TTM
Revenue	2,711	2,832
EBITDA	355	405
Net profit	113	127
EPS (₹)	1.05	1.13
Dividend / share (₹)	–

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	–
Net profit	–	–	–
EPS	–	–	–
Share price	–	– (2y)	–

Balance sheet

₹ cr	FY26
Shareholders' equity	5,895
Borrowings	283
Cash & equivalents	8,226
Total assets	13,297
Fixed assets	298
Capital work in progress	41
Investments	28
Receivables	1,042
Inventory	32
Payables	383

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY26
Cash from operations	395
Cash from investing	-1,339
Cash from financing	1,972
Capex	238
Free cash flow	157

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY26
ROE %	1.9%

Shareholding

Holder	% (2026-09-30)
FIIs	13.18%
DIIs	29.58%
of which Mutual funds	26.69%
of which Insurance	1.88%
Government	0.00%
Public (non-institutions)	57.24%

Quarter	Nov 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	0.00%	0.00%	0.00%	0.00%	0.00%

Public holders above 1%	%
Peak XV Partners Pine Investment Holdings	16.72%
SBI MUTUAL FUND - Through its various schemes	6.96%
Macritchie Investments PTE Ltd	5.77%
KOTAK LARGE & MIDCAP FUND - Through its various schemes	4.97%
Paypal PTE. Ltd	4.93%
FRANKLIN INDIA MUTUAL FUND - Through its various schemes	4.63%
NIPPON LIFE INDIA MUTUAL FUND - Through its various schemes	2.62%
Bairavarasu Amrish RAU	2.29%
ACT Equity Holdings PTE Ltd	1.85%
ICICI Prudential Life Insurance Company Limited	1.53%
Sofina Ventures SA	1.45%
SG Fintech Affiliates PTE Ltd	1.32%
AXIS MUTUAL FUND - Through its various schemes	1.24%
Baron Emerging Markets Fund	1.18%
HSBC MUTUAL FUND - Through its various schemes	1.13%

2,68,596 shareholders. Pledged: – of promoter shares.

Peers in Financial Technology (Fintech)

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
PAYTM	₹1,05,901 cr	162.9x	6.6x	4.2%	–	5.2%	+1.8%	–
POLICYBZR	₹47,334 cr	63.0x	6.5x	10.9%	–	8.4%	+38.5%	–
CCAVENUE	₹41,841 cr	118.6x	8.8x	6.9%	7.4%	4.0%	+60.5%	0.00%
PINELABS	₹17,868 cr	137.0x	3.0x	2.2%	–	14.3%	–	–
MPIMANIPAL	₹6,830 cr	–	–	–	–	–	–	–
STYL	₹5,072 cr	18.9x	3.6x	18.5%	24.6%	26.2%	–	0.34%
NPST	₹3,420 cr	73.3x	7.8x	18.7%	13.6%	25.1%	–	0.12%
MOBIKWIK	₹1,681 cr	–	3.1x	-2.2%	1.5%	-0.6%	–	–
TURTLEMINT	₹1,584 cr	–	5.2x	-60.4%	-62.4%	-16.9%	–	–
WSFX	₹78 cr	12.2x	1.9x	16.1%	20.9%	9.1%	+32.8%	2.41%

All 12 companies in Financial Technology (Fintech) →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Digital infrastructure and transaction platform	₹1,837 cr	67.8%	₹1,531 cr	83.4%
Issuing and acquiring platform	₹874 cr	32.2%	₹510 cr	58.4%

Documents

Links go to the original files on the exchange website.

About the company


Sector	Financial Services
Industry	Financial Technology (Fintech)
Sub-industry	Financial Technology (Fintech)
Symbol	PINELABS
BSE code	544606
ISIN	INE15B701018
Face value	₹1.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.