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Pine Labs Ltd.

153.45−10.85 (−6.60%)

BSE · 30 Oct, 4:01 PM

: ₹17,719.62 Cr
: 110.82
: 25,78,052
: ₹167.00 - ₹151.50
: ₹283.70 - ₹134.75

Pine Labs Ltd. (PINELABS) share price closed at ₹153.45 on the BSE on Friday, October 30, 2026, down by 6.60% from its of ₹164.30. In that session PINELABS reached a of 167.00 and of 151.50. The for the session was 157.87. The stands at 169.47 and is at 174.20. Looking at , the stock ended the session in Downtrend.

Stock Overview

₹166.00

₹164.30

₹157.87

₹169.47

Price 9.45% below

₹174.20

Price 11.91% below

Key Fundamentals

: 17,719.62 Cr₹17.72 Thousand Crore
: 1.38
: 110.82
: 2.94
: 52.13
: 590.13 Cr₹590.13 Crore
: 0.00 %
Sector
Industry: Fintech
: 2.42
: 0.05

Industry Comparison

Ratio	Company	Sector
	110.82	20.76
	0.05	0.03
	2.94	2.54
	1.51	2.16
	0.00 %	0.02 %
Operating Margin	13.23 %	15.20 %

Sector figures are the median of 143 listed IT companies.

Peer Comparison

Name
GROWW GROWW	191.40	44.57	1,20,076.64	0.00	724.70	53.75%	1,501.53	47.39%	37.54
PAYTM PAYTM	1,635.00	122.84	1,05,028.72	0.00	225.00	971.43%	2,648.00	28.48%	3.87
POLICYBZR POLICYBZR	1,000.00	61.85	46,275.28	0.00	192.39	42.63%	2,177.71	34.96%	10.84
Pine Labs Ltd. PINELABS	153.45	110.82	17,719.62	0.00	38.57	546.06%	806.19	24.05%	4.21
MONEYVIEW MONEYVIEW	50.33	36.50	8,859.24	0.00					15.68
MPIMANIPAL MPIMANIPAL	302.25	27.67	7,006.29	0.00	77.70	129.05%	418.96	47.77%	50.61
STYL STYL	311.80	18.34	5,045.11	0.80	69.76	21.25%	405.31	15.03%	28.03
CCAVENUE CCAVENUE	120.47	14.30	4,203.77	0.00	84.77	45.08%	2,680.40	109.37%	7.98

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	551.57	601.64	598.64	615.91	649.90	744.27	700.51	736.92	806.19
Expenses	519.11	524.72	542.04	571.20	574.54	612.29	594.08	642.03	680.24
	32.46	76.92	56.60	44.71	75.36	131.98	106.43	94.89	125.95
	5.89%	12.79%	9.45%	7.26%	11.60%	17.73%	15.19%	12.88%	15.62%
	21.96	-30.23	11.91	37.17	23.01	23.23	49.86	28.95	25.55
Interest	17.98	21.66	21.52	21.42	21.27	24.49	16.95	12.81	14.21
	74.74	76.25	69.20	65.24	65.87	68.13	70.89	73.30	75.92
	-38.30	-51.22	-22.21	-4.84	11.16	62.55	68.41	37.73	61.37
	16.42%	-10.64%	-30.17%	198.97%	46.51%	32.23%	13.23%	48.13%	37.15%
	-32.01	-56.67	-28.91	4.79	5.97	42.39	59.36	19.57	38.57
	-320.10	-566.70	-289.10	0.11	0.13	0.37	0.52	0.17	0.33

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
Operating Income	933.98	1,597.66	1,769.55	2,274.27	2,710.59
Operating Income (Net)	933.98	1,597.66	1,769.55	2,274.27	2,710.59
EXPENDITURE :
Increase/Decrease in Stock	-8.08	-25.34	13.30	-1.93	1.87
Raw Material Consumed	35.59	134.35	143.39	287.26	364.57
Employee Cost	448.17	895.25	887.30	984.23	1,068.97
Operating Expenses	47.46	293.41	314.42	283.66	335.85
General and Administration Expenses	262.38	216.59	268.99	384.83	437.73
Selling and Distribution Expenses	14.36	35.91	62.05	67.03	66.82
Miscellaneous Expenses	20.20	43.52	105.05	51.06	76.30
	820.08	1,593.69	1,794.50	2,056.14	2,352.11
Operating Profit (Excl OI)	113.91	3.97	-24.95	218.13	358.48
	23.94	94.17	54.61	53.11	136.56
	137.85	98.14	29.66	271.24	495.04
Interest	23.67	35.73	64.46	78.96	84.13
PBDT	114.18	62.41	-34.79	192.28	410.91
	188.69	315.03	362.77	292.09	270.13
Profit Before Taxation & Exceptional Items	-74.51	-252.63	-397.57	-99.81	140.78
Exceptional Income / Expenses		-36.84		-36.58	-3.29
	-74.51	-289.46	-397.57	-136.39	137.28
Provision for Tax	-51.89	-24.32	-55.66	9.10	24.77
	-22.62	-265.15	-341.90	-145.49	112.51
Extra items				0.00	0.00
Consolidated Net Profit	-22.62	-265.15	-341.90	-145.49	112.51
Profit Balance B/F	-126.39	-4,215.58	-4,525.88	-4,864.73	-5,002.53
Appropriations	-149.01	-4,480.72	-4,867.78	-5,010.22	-4,890.02
	-1.67	-16,571.56	-3,561.49	-1,454.90	0.98
Adjusted EPS	-0.28	-2,761.93	-3,561.49	-1,454.90	0.98

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	13.53	0.02	0.10	0.10	114.83
Share Warrants & Outstandings	153.22	389.51	486.37	102.56
Total Reserves	1,746.46	3,349.46	3,055.47	3,403.49	5,780.58
Reserve excluding Revaluation Reserve	1,746.46	3,349.46	3,055.47	3,403.49	5,780.58
Revaluation reserve	0.00	0.00	0.00
	1,913.21	3,738.98	3,541.93	3,506.15	5,895.41
Secured Loans	92.75	154.01	113.59	47.18	0.58
Deferred Tax Assets / Liabilities	-89.81	-66.25	-130.75	-140.19	-154.77
Other Long Term Liabilities	60.01	312.13	147.95	142.51	148.08
Long Term Provisions	31.21	39.11	39.61	64.47	79.81
Total Non-Current Liabilities	94.15	439.00	170.40	113.97	73.70
Trade Payables	192.94	368.14	389.80	541.68	383.08
Other Current Liabilities	3,823.63	4,517.94	4,945.29	5,604.16	6,495.39
Short Term Borrowings	143.64	175.50	419.33	782.31	282.29
Short Term Provisions	6.20	12.32	20.71	26.38	38.96
Total Current Liabilities	4,166.41	5,073.90	5,775.13	6,954.53	7,199.72
Total Liabilities	6,173.78	9,251.89	9,487.46	10,574.65	13,168.83
Gross Block	1,550.35	3,028.06	3,039.23	2,996.90	3,265.32
Less: Accumulated Depreciation	531.81	916.27	1,073.12	1,172.01	1,404.98
Less: Impairment of Assets	-0.11	8.45	46.00		4.48
	1,018.64	2,103.33	1,920.11	1,824.89	1,855.86
	95.10	213.04	121.45	47.12	40.98
Non Current Investments	9.04	17.77	21.29	30.20	27.87
Long Term Investment	9.04	17.77	21.29	30.20	27.87
Long Term Loans & Advances	175.13	205.78	172.31	232.90	137.22
Other Non Current Assets	73.45	21.38	52.59	84.54	99.52
Total Non-Current Assets	1,398.25	2,617.53	2,387.83	2,332.82	2,268.90
Currents Investments	40.52
Inventories	11.76	39.87	28.00	30.10	31.85
Sundry Debtors	299.57	589.37	652.02	844.92	1,042.11
Cash and Bank	3,778.55	5,120.11	5,234.92	6,033.13	8,225.92
Other Current Assets	457.43	601.47	856.93	1,129.95	1,305.36
Short Term Loans and Advances	187.71	283.53	327.77	203.73	294.69
Total Current Assets	4,775.53	6,634.35	7,099.63	8,241.83	10,899.93
Net Current Assets (Including Current Investments)	609.12	1,560.45	1,324.50	1,287.30	3,700.21
Total Assets	6,173.78	9,251.89	9,487.46	10,574.65	13,168.83
	1.54	2.89	4.54	322.39	353.03
Total Debt	236.40	329.51	532.92	829.49	282.87
	130.09	2,09,342.13	31,828.78	34,035.90	51.34
Adjusted Book Value	21.68	34,890.35	31,828.78	34,035.90	51.34

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	-74.51	-289.46	-397.57	-136.39	137.28
Adjustment	207.67	541.21	573.11	478.87	408.81
Changes In working Capital	-153.16	-319.17	-393.02	-330.94	-145.93
Cash Flow after changes in Working Capital	-20.00	-67.42	-217.48	11.54	400.16
Cash Flow from Operating Activities	-68.17	-152.36	-229.01	49.72	395.39
Cash Flow from Investing Activities	-445.58	-370.84	45.04	-159.15	-1,338.87
Cash Flow from Financing Activitie	725.92	2.34	-219.51	-201.09	1,972.17
Net Cash Inflow / Outflow	212.17	-520.86	-403.47	-310.52	1,028.69
Opening Cash & Cash Equivalents	31.86	1,470.78	955.96	555.62	245.21
Effect of Foreign Exchange Fluctuations		6.03	3.13	0.11	0.01
Closing Cash & Cash Equivalent	244.03	955.96	555.62	245.21	1,273.91

Ratios

Valuation

110.82

2.94

15.87

5.93

1.38

52.13

Profitability

2.42

4.21

0.95

13.23

4.15

Leverage & Liquidity

0.05

1.51

2.63

Returns

0.00

0.23

Shareholding Pattern

Numbers in percentages

Particulars	Mar '24	Nov '25	Dec '25	Mar '26	Jun '26	Sep '26
	99.89
		15.05	16.48	16.61	34.31	42.76
	0.11	84.95	83.51	83.39	65.69	57.24
	0.11	100.00	100.00	100.00	100.00	100.00
No. of Shareholders	11	2,16,316	1,27,792	1,17,551	1,78,120	2,68,596

Mutual Funds Invested(116)

Based on each fund's latest monthly portfolio · Sep 2026

A total of 67 active funds hold 26.36% in Pine Labs Ltd., contributing to ₹5.23K Cr of holdings

Fund				As of
SB SBI Small Cap Fund - Growth - Direct PlanSmall cap Fund	1,075.53	2.62	6,26,07,250	Sep '26
KO Kotak Multi Cap Fund - Growth - Direct PlanMulti Cap Fund	435.24	1.43	2,53,35,609	Sep '26
FT Franklin India Small Cap Fund - Growth - Direct PlanSmall cap Fund	402.18	2.82	2,34,11,324	Sep '26
KO Kotak Large & Mid Cap Fund - Growth - Direct PlanLarge & Mid Cap	343.58	1.12	2,00,00,000	Sep '26
NI Nippon India Small Cap Fund - Growth - Direct PlanSmall cap Fund	278.94	0.34	1,62,37,157	Sep '26
FT Franklin India Flexi Cap Fund - Growth - Direct PlanFlexi Cap Fund	224.29	1.23	1,30,56,138	Sep '26
AX Axis Small Cap Fund - Growth - Direct PlanSmall cap Fund	207.95	0.68	1,21,05,062	Sep '26
SB SBI Flexicap Fund - Growth - Direct PlanFlexi Cap Fund	192.54	0.87	1,12,07,829	Sep '26
NI Nippon India Banking & Financial Services Fund - Growth - Direct PlanBanks & Financial Services	132.28	1.80	77,00,000	Sep '26
JM JM Flexi Cap Fund - Growth - Direct PlanFlexi Cap Fund	121.03	2.40	70,45,019	Sep '26

Corporate Actions

Showing: All

Date	Type	Details
2026-10-19	Board Meeting	Quarterly Results
2026-08-21	AGM
2026-07-22	Board Meeting	Quarterly Results

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)

No insider trading data available.

Sector Overview

ITFintech

Pine Labs Ltd. operates in the IT sector under the Fintech industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

7 members across the board and senior leadership

Neerav Mehta

Company Secretary & Compliance Officer

—

B Amrish Rau

Chairman & Managing Director, Chief Executive Officer

₹6.12 Cr

Mar '26

Kush Mehra

Whole Time Director & Chief Business Officer

₹2.99 Cr

Mar '26

Amrita Gangotra

Non Executive Independent Director

₹50.00 L

Mar '26

Maninder Singh Juneja

Non Executive Independent Director

₹50.00 L

Mar '26

Smita Chandramani Kumar

Non Executive Independent Director

₹50.00 L

Mar '26

Shailendra Jit Singh

Non Independent & Non Executive Director

—

PINELABS Latest News

News

10 of 10 articles

EQUITY29 Oct 2026 · 14:48

Pine Labs surges on reporting over 6-fold jump in Q2 consolidated net profit

The total consolidated income of the company has increased by 23.60% at Rs 831.74 crore for Q2FY27

COMPANY29 Oct 2026 · 14:41

Pine Labs reports over 6-fold jump in Q2 consolidated net profit

The total consolidated income of the company has increased by 23.60% at Rs 831.74 crore for Q2FY27

EQUITY29 Sept 2026 · 16:52

Pine Labs informs about press release

COMPANY29 Sept 2026 · 14:19

Pine Labs extends technology partnership with Woolworths Group

Through its Qwikcilver subsidiary, the company powers the technology platform supporting Woolworths' gift card programs

COMPANY23 Sept 2026 · 15:39

Mastercard sells entire 4.31% stake in Pine Labs for Rs 933.57 crore

Mastercard Asia/Pacific has offloaded around 4.97 crore shares of the company in 13 tranches

EQUITY24 Aug 2026 · 14:43

Pine Labs informs about AGM

EQUITY21 Aug 2026 · 17:07

Pine Labs informs about AGM

COMPANY25 Jun 2026 · 11:51

Actis Pine Labs Investment Holdings pares over 2% stake in Pine Labs

Actis Pine Labs Investment Holdings has sold stake through an open market transaction worth around Rs 371 crore

EQUITY16 Jun 2026 · 11:22

Pine Labs informs about investor presentation

EQUITY12 Jun 2026 · 11:36

Pine Labs surges on launching Pine Labs Payment Protocol

For the first time in India, an AI agent can complete a UPI payment without human authentication

Pine Labs Ltd.

Stock Overview

Price chart

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Valuation

Profitability

Leverage & Liquidity

Returns

Shareholding Pattern

Mutual Funds Invested(116)

Corporate Actions

Insider Trading

Sector Overview

Company Profile

Key Management

PINELABS Latest News

News