- POSITIVE
Quarterly Revenue Pine Labs Sep-2026 Quarterly Revenue is Rs 657 Cr which is growth of 43.9% YoY.
- POSITIVE
Quarterly Net Profit Pine Labs Sep-2026 Quarterly Net Profit is Rs 57 Cr which is growth of 2678.6% YoY.
Pine Labs Live Share Price Today, Share Analysis and Chart
NSE 30 Oct, 2026 3:31 PM (IST)
Pine Labs Stock Price Analysis
Day Price Range-6.7% 1 Day return | 153.2 (LTP) 151.3167.2 LowHigh |
|---|---|
Week Price Range-0.8% 1 Week return | 153.2 (LTP) 149.8174.8 LowHigh |
Month Price Range-10.8% 1 Month return | 153.2 (LTP) 149.8184.7 LowHigh |
52 Week Price Range-30.7% 1 Year return | 153.2 (LTP) 134.7284 LowHigh |
Pine Labs quarterly results: revenue, profit, and P&L – 13 quarter history
| Indicator | Graph | Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 |
|---|---|---|---|---|---|---|---|---|---|
| 656.6 | 583 | 572.2 | 598.8 | 456.2 | 471.2 | 477.5 | 466.5 | ||
Operating Exp. | 512.7 | 459.6 | 426.1 | 444.7 | 394.2 | 389.7 | 364.6 | 370.2 | |
Operating Profit | 94.6 | 75.5 | 89.3 | 103.7 | 40.8 | 37.5 | 51 | 61.4 | |
Operating Profit Margin % | 15.57% | 14.10% | 17.33% | 18.90% | 9.39% | 8.78% | 12.28% | 14.23% | |
Depr. | 56.1 | 54.5 | 51.3 | 48.5 | 46.7 | 45.7 | 49.4 | 54.7 | |
Interest | 11.9 | 10.4 | 13.5 | 19.8 | 18.3 | 18.8 | 19.2 | 19.5 | |
Profit Before Tax | 76 | 58.5 | 89.8 | 75 | -3 | 17 | 44.3 | 22.1 | |
Tax | 19.2 | 14.9 | 22.6 | 18.3 | -0.8 | -11.2 | 6.6 | 6.9 | |
Net Profit | 56.7 | 43.7 | 67.3 | 56.6 | -2.2 | 28.2 | 37.7 | 15.2 | |
EPS Adj. latest | 0.5 | 0.4 | 0.6 | 0.5 | -0 | 0.2 | 0.3 | 0.1 | |
Net profit TTM | 224.3 | 165.4 | 149.9 | 120.3 | 78.9 | - | - | - | |
Basic EPS TTM | 1.9 | 1.4 | 1.3 | 1.1 | 1.8 | - | - | - | |
Earnings Transcripts | |||||||||
Results PDF | |||||||||
Result Notes |
Pine Labs Technical Analysis
Pine Labs EMA & SMA
| 5 Day | 158.1 |
|---|---|
| 10 Day | 159.8 |
| 12 Day | 160.6 |
| 20 Day | 163.4 |
| 26 Day | 164.7 |
|---|---|
| 50 Day | 166.0 |
| 100 Day | 167.9 |
| 200 Day | 181.9 |
Pine Labs Delivery And Volume
Pine Labs Resistance and Support
| First Resistance | 163.2 |
|---|---|
| Second Resistance | 173.2 |
| Third Resistance | 179.1 |
| First Support | 147.3 |
|---|---|
| Second Support | 141.3 |
| Third Support | 131.4 |
| Day RSI | 39.6 |
|---|---|
| Day MACD | -4.1 |
| Day MFI | 64.3 |
| Day MACD Signal Line | -3.4 |
Pine Labs Beta
| 1 Month | 0.3 |
|---|---|
| 1 Year | - |
| 3 Month | 0.8 |
|---|---|
| 3 Year | - |
Pine Labs Price Change Analysis
Pine Labs Deals - Insider, Bulk, Block and SAST
| Client Name | Deal Type | Action | Date | Avg. Price | Quantity | Exchange |
|---|---|---|---|---|---|---|
| MASTERCARD ASIA/PACIFIC PTE. LTD. | Block | Sell | 22 Sep 2026 | 187.75 | 9,310,000 | BSE |
| MASTERCARD ASIA/PACIFIC PTE. LTD. | Block | Sell | 22 Sep 2026 | 187.75 | 8,770,000 | BSE |
| MASTERCARD ASIA/PACIFIC PTE. LTD. | Block | Sell | 22 Sep 2026 | 187.75 | 6,670,000 | BSE |
| MASTERCARD ASIA/PACIFIC PTE. LTD. | Block | Sell | 22 Sep 2026 | 187.75 | 5,294,179 | BSE |
| MASTERCARD ASIA/PACIFIC PTE. LTD. | Block | Sell | 22 Sep 2026 | 187.75 | 3,930,000 | BSE |
| MASTERCARD ASIA/PACIFIC PTE. LTD. | Block | Sell | 22 Sep 2026 | 187.75 | 3,300,000 | BSE |
| MASTERCARD ASIA/PACIFIC PTE. LTD. | Block | Sell | 22 Sep 2026 | 187.75 | 2,550,000 | BSE |
| MASTERCARD ASIA/PACIFIC PTE. LTD. | Block | Sell | 22 Sep 2026 | 187.75 | 2,420,000 | BSE |
| MASTERCARD ASIA/PACIFIC PTE. LTD. | Block | Sell | 22 Sep 2026 | 187.75 | 1,980,000 | BSE |
| MASTERCARD ASIA/PACIFIC PTE. LTD. | Block | Sell | 22 Sep 2026 | 187.75 | 1,450,000 | BSE |
Pine Labs Corporate Actions
Pine Labs Board Meetings
Pine Labs past and upcoming board meetings.
#Ex-Date | Purpose | Notes |
|---|---|---|
129 Oct 2026 | Quarterly Results | - |
228 Jul 2026 | Quarterly Results | - |
325 May 2026 | Audited Results | - |
428 Jan 2026 | Quarterly Results & Others | To consider other business matters. |
503 Dec 2025 | Quarterly Results | - |
Pine Labs Research Reports
Pine Labs research reports with share price targets, and buy/hold/sell recommendations from top brokers.
# Date | Broker Name | Target | Price When Recommended | Type | Upside | Change Since Recommendation | Links |
|---|---|---|---|---|---|---|---|
| 129 Oct 2026 | Emkay | 220 | 164.21 | Buy | 33.97% | -6.67% | |
| 220 Sep 2026 | Motilal Oswal | 250 | 193.7 | Buy | 29.07% | -20.88% | |
| 329 Jul 2026 | ICICI Securities Limited | 210 | 140.17 | Buy | 49.82% | 9.33% | |
| 416 Jun 2026 | Emkay Reco | 225 | 150.09 | Buy | 49.91% | 2.11% | |
| 515 Jun 2026 | ICICI Securities Limited | 210 | 150.09 | Buy | 39.92% | 2.11% |
Pine Labs Corporate Filings
Pine Labs BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.
| Date | Announcement Title | Details | Links |
|---|---|---|---|
| 30 Oct 2026 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Newspaper Publication | As per the enclosed file | |
| 29 Oct 2026 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | As per the enclosed file. | |
| 29 Oct 2026 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report | As per the enclosed file. | |
| 29 Oct 2026 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Investor Presentation | As per the enclosed file | |
| 29 Oct 2026 | Q2FY27 Quarterly Result Announced for Pine Labs Ltd. | Internet Software & Services company Pine Labs announced Q2FY27 results Standalone Financial Highlights: Revenue from operations: For Q2FY27, standalone revenue from operations was Rs 607.29 crore, representing a QoQ growth of 13.51% compared to Rs 535.00 crore in Q1FY27 and a YoY growth of 39.61% compared to Rs 435.00 crore in Q2FY26. For H1FY27, standalone revenue from operations stood at Rs 1,142.29 crore, registering a YoY expansion of 32.47% over Rs 862.27 crore in H1FY26. Total income: For Q2FY27, standalone total income reached Rs 636.60 crore, a QoQ increase of 9.19% from Rs 583.01 crore in Q1FY27 and a YoY increase of 39.55% against Rs 456.17 crore in Q2FY26. For H1FY27, standalone total income arrived at Rs 1,259.61 crore, expanding by 35.83% YoY over Rs 927.33 crore in H1FY26. Profit before tax (PBT): For Q2FY27, standalone PBT stood at Rs 75.95 crore, up by 29.74% QoQ from Rs 58.54 crore in Q1FY27 and up significantly YoY compared to a loss before tax of Rs 3.00 crore in Q2FY26. For H1FY27, standalone PBT achieved was Rs 134.49 crore, showcasing a YoY expansion of 862.71% from Rs 13.97 crore in H1FY26. Profit after tax (PAT): For Q2FY27, standalone profit for the period was Rs 56.73 crore, up by 29.94% QoQ relative to Rs 43.66 crore in Q1FY27 and shifting from a loss after tax of Rs 2.20 crore in Q2FY26. For H1FY27, standalone profit was Rs 100.39 crore, growing by 286.71% YoY relative to Rs 25.96 crore in H1FY26. Earnings per equity share (EPS): For Q2FY27, standalone basic EPS was Rs 0.49, growing by 28.95% QoQ from Rs 0.38 in Q1FY27 and reversing a negative EPS of Rs 0.02 in Q2FY26. For H1FY27, standalone basic EPS stood at Rs 0.87, representing a YoY surge of 248.00% compared to Rs 0.25 in H1FY26. Consolidated Financial Highlights: Revenue from operations: For Q2FY27, consolidated revenue from operations was Rs 806.19 crore, registering a QoQ expansion of 9.40% relative to Rs 736.92 crore in Q1FY27 and a YoY expansion of 24.05% relative to Rs 649.90 crore in Q2FY26. For H1FY27, consolidated revenue from operations achieved was Rs 1,543.11 crore, marking a YoY growth of 21.91% compared to Rs 1,265.81 crore in H1FY26. Total income: For Q2FY27, consolidated total income stood at Rs 831.74 crore, showing a QoQ growth of 8.60% against Rs 765.87 crore in Q1FY27 and a YoY growth of 23.60% against Rs 672.91 crore in Q2FY26. For H1FY27, consolidated total income reached Rs 1,597.61 crore, rising by 4.69% YoY over Rs 1,525.99 crore in H1FY26. Profit before tax (PBT): For Q2FY27, consolidated PBT arrived at Rs 61.37 crore, indicating a QoQ increase of 62.66% relative to Rs 37.73 crore in Q1FY27 and a YoY surge of 449.91% relative to Rs 11.16 crore in Q2FY26. For H1FY27, consolidated PBT stood at Rs 99.10 crore, increasing by 1,468.04% YoY compared to Rs 6.32 crore in H1FY26. Profit after tax (PAT): For Q2FY27, consolidated profit for the period was Rs 38.57 crore, expanding by 97.09% QoQ from Rs 19.57 crore in Q1FY27 and growing by 546.06% YoY from Rs 5.97 crore in Q2FY26. For H1FY27, consolidated PAT stood at Rs 58.14 crore, growing by 440.33% YoY against Rs 10.76 crore in H1FY26. Earnings per equity share (EPS): For Q2FY27, consolidated basic EPS arrived at Rs 0.33, expanding by 94.12% QoQ against Rs 0.17 in Q1FY27 and by 450.00% YoY against Rs 0.06 in Q2FY26. For H1FY27, consolidated basic EPS was Rs 0.51, showcasing a YoY jump of 410.00% over Rs 0.10 in H1FY26. Business Highlights & Segment Performance: Digital infrastructure and transaction platform (DITP) Segment: For Q2FY27, segment revenue was Rs 531.55 crore (growth of 6.50% QoQ, growth of 20.79% YoY). For H1FY27, revenue stood at Rs 1,030.67 crore (growth of 17.87% YoY). The segment contribution margin for Q2FY27 was Rs 436.21 crore. Issuing and acquiring platform Segment: For Q2FY27, segment revenue reached Rs 274.64 crore (growth of 15.49% QoQ, growth of 30.88% YoY). For H1FY27, revenue arrived at Rs 512.44 crore (growth of 30.93% YoY). The segment contribution margin for Q2FY27 was Rs 150.82 crore. DITP Monetization & Scalability: As mentioned in the press release commentary, "29%+ of DITP GTV is now being monetized linked with volume, vs. 15% a year ago." Merchants & Digital Footprint: The overall Digital Checkout Points base escalated by 17% YoY to 22.3 lakh, while the overall merchant network expanded to 11.6 lakh. In-store operations recorded mid-market expansion with its base growing 49% YoY. Strategic Acquisitions: During the period, the group finalized the purchase of a 100% equity stake in Shopflo Technologies Private Limited for a cash consideration of Rs 88.00 crore, generating goodwill of Rs 59.83 crore. Online & Global Corridors: Online digital payments expanded by 45%+ YoY with Gross Transaction Value surging by 140% YoY. International operations outside India contributed 15% of the total revenue pool for the quarter, driven by a ~40% YoY increase in Southeast Asia revenue. Amrish Rau, CEO, Pine Labs, said: Q2 was an all-round quarter growth across acceptance and issuing, 15% of revenues from global markets, and 14% from products launched only in the last two years." 'Pine Labs has been EBITDA-positive for a long time. The way we look at the business is to find the right balance between investing in new products, new ideas, and new regions while continuing to be strongly EBITDA positive. 20%+ EBITDA margins and 21-23% revenue growth is the fine balance we aim to strike." Result PDF |
Pine Labs Documents
Pine Labs Earnings Call
Pine Labs earnings calls, including management commentary and AI-generated summaries.
| Date | Title | Links |
|---|---|---|
| 03 Aug 2026 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
| 01 Jun 2026 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
| 03 Feb 2026 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
| 09 Dec 2025 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
Pine Labs Annual Reports
Pine Labs financials, including annual results, balance sheets, and cash flow statements.
| Date | Report Title | Links |
|---|---|---|
| 2026 | Annual Report Mar-2026 | Link |
Pine Labs Investor Presentations
Pine Labs investor presentations, including business updates, financial insights, and strategic initiatives.
| Date | Report Title | Links |
|---|---|---|
| 29 Oct 2026 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 28 Jul 2026 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 16 Jun 2026 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 25 May 2026 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 28 Jan 2026 | Pine Labs Ltd - 544606 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
Pine Labs - Company Profile
Pine Labs Management Structure
Pine Labs management structure with salaries, total experience, and qualifications.
Pine Labs Board of Directors
Pine Labs Board of directors with salaries, total experience, and qualifications.
About the company - Business Profile
Pine Labs Ltd. is a prominent full-stack fintech company providing diverse merchant commerce and payment processing services. The company functions as a key ecosystem player in India and Southeast Asia, offering an integrated suite of hardware and software solutions that bridge the gap between financial institutions, retailers, and consumers. Its core business centers on simplifying complex payment environments through its proprietary Point of Sale (POS) terminals, cloud-based payment gateways, and sophisticated affordability solutions like EMI and "Buy Now Pay Later" (BNPL).
Key Points
- Key facts: Founded in 1998, Pine Labs is headquartered in Noida, Uttar Pradesh. It was formerly known as Pine Labs Private Limited before converting to a public limited company. The entity serves as a major fintech player with a presence in India, Southeast Asia, and the Middle East.
- Operations and resources: The company manages a vast network of over 1 million merchants across approximately 1.9 million Digital Commerce Platform (DCP) touchpoints as of late 2025. It maintains deep technical integrations with the enterprise Resource Planning (ERP) systems of major hotel chains and large retailers to facilitate seamless reconciliations and checkouts.
- Privatization and ownership: Pine Labs transitioned from a private entity to a public company (Pine Labs Limited). It has a complex subsidiary structure with over 25 step-down subsidiaries globally, including entities in Singapore, Malaysia, Thailand, Vietnam, and the USA.
- Market and significance: The company powers the top 5 banks and top 5 retailers in India. It is also integrated with the fuel outlets of the top 3 petroleum companies and serves the top 3 e-commerce and quick-commerce platforms, highlighting its strategic importance in the national digital payment infrastructure.
- Sustainability and innovation: Pine Labs focuses on expanding its digital infrastructure and "Issuing and Acquiring" platforms. Recent innovations include the mAadhaar verification service for offline KYC in hospitality and the gig economy, and co-branded programs for MSME expense management.
Business Model and Competencies Pine Labs operates a multi-stakeholder business model catering to merchants, banks, financial institutions, and corporate brands. It excels in solving "complex needs" for mid-market and enterprise segments by providing a unified POS that manages multiple banking relationships and backend ERP integrations. Its "full-stack" approach allows it to monetize through transaction fees, subscription fees, and value-added services (VAS).
Revenue Breakdown (FY2025 Annualized vs. 9M FY2026) The company has shown significant growth in its core segments:
- Total Revenue from Operations: Reported at ₹2,214.37 crore for the full year ended March 31, 2025. For the nine months (9M) ended December 31, 2025, revenue reached ₹2,010 crore, marking a 24% increase over the previous year's corresponding period.
- Digital Infrastructure and Transaction Platform: This remains the largest segment, contributing ₹1,371 crore in 9M FY2026 compared to ₹1,193 crore in 9M FY2025 (16% growth).
- Issuing and Acquiring Platform: This segment saw rapid growth of 42% YoY, contributing ₹639 crore in 9M FY2026.
- Geographical Growth: India revenue grew by 42% YoY in Q3 FY2026, while international revenue (MENA, USA, Southeast Asia) increased by 41% YoY.
Key Products and Technology
- Digital Commerce Platform (DCP): Integrated POS terminals with billing and reconciliation features.
- Affordability Suite: Digital-first solutions offering EMIs, trade-ins, and assured buyback programs.
- Prepaid and Gifting: Managed gift card catalogues and co-branded programs for D2C brands and QSR chains (e.g., Qwikcilver acquisition).
- Online Payments: A cloud-native payment gateway for online payouts and EMIs.
Partnerships and Subsidiaries
- Strategic Partners: Collaborative programs with UIDAI (mAadhaar) and multiple expense management platforms for the MSME segment.
- Major Subsidiaries: Notable units include Qwikcilver Solutions (prepaid/gifting), Fave Group (consumer engagement), and Pine Labs Payment Services Provider L.L.C. (MENA operations).
Future Outlook The company is aggressively pursuing a "multi-product, multi-segment, and multi-country" strategy. It aims to replicate the playbooks of global fintech leaders like Stripe and Adyen. Current initiatives focus on deepening penetration in the MSME sector and expanding prepaid solutions in international markets like the USA (with Miniso) and MENA (with Burjuman Malls and Nahdi Pharmacy).
References
