PINELABS

Pine Labs Ltd.

NSE: PINELABS

BSE: 544606

Sector: Financial Services

Industry Group: Financial Technology (Fintech)

Industry: Financial Technology (Fintech)

167.16-0.4 (-0.26%)

5 Oct, 3:30 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

45.2 / 100

Value Score

17.3 / 100

Price Momentum Score

12.6 / 100

QVM Score

8.5 / 100

Key Metrics

Market Cap

19352.40

P/E (TTM)

152.03

P/B

3.28

P/S (TTM)

6.83

EV/EBITDA

22.54

CAPE (5Y)

ROE (TTM)

2.39

ROCE (TTM)

2.58

ROA (TTM)

0.94

Avg 3Y ROE

-3.71

Earnings 3Y CAGR

Sales 3Y CAGR

19.27

Sales 5Y CAGR

Debt/Equity

0.07

Consensus TP

220.00

Strong Buy %

60.00

Promoter Holding

Pledged %

Stock Analysis

Fundamental analysis overview of Pine Labs Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.07 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.22 in the last 1 year

What is Debt to Equity?

Negative

Weak price momentum

Price Momentum score of 12.6 indicates that the stock has weak price momentum. Research has shown that stocks with lower momentum continue to underperform in the near term

What is Price Momentum score?

12.6 / 100

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -6.91% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Not enough data

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Stock appears to be reasonably valued

PB of 3.28 indicates that the stock is reasonably valued on a standalone basis. Premium to industry median P/B is modest at 6.49%

What is P/B Ratio?

Median: 3.08

Value 3.28

0.911.75

Low ROE but improving trend

The company reported low ROE of 2.39% for 12-month ended 30 Jun 2026 but ROE improved by 555 bps from 1 year ago

What is ROE (FY)?

Low operating margin but improving trend

The company reported low operating margin of 6.33% for 12-month ended 30 Jun 2026 but operating margin improved by 644 bps from 1 year ago

What is Operating profit margin?

Moderate revenue growth and in line with median growth of industry

The company delivered moderate revenue growth of 19.59% for 12-month ended 30 Jun 2026 and the growth was 1.49 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 21.08

Value 19.59

-32.66110.17

Financial Snapshot

See detailed analysis

Multi-year trends for Pine Labs Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

ROA FY

Pine Labs Ltd. Shareholding Pattern

Quarterly breakdown of Pine Labs Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Sep 2025	Nov 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	-	-	-	-	-
Indian Promoter	-	-	-	-	-
Foreign Promoter	-	-	-	-	-
Institutions	-	15.05	16.48	16.61	34.31
Mutual Funds / UTI	-	6.49	8.50	8.88	21.25
FI/Bank/Insurance	0.00	1.59	1.33	1.52	2.71
Govt	-	-	-	-	-
FII	0.00	5.14	5.23	4.80	9.49
Other Institutions	0.00	1.83	1.43	1.41	0.86
Non-Institution	-	84.95	83.51	83.39	65.69
Bodies Corporate	-	0.30	0.29	0.32	2.51
Others (incl. Retail) No. of shareholders	0.00 0	84.65 2,16,144	83.22 1,27,551	83.07 1,17,295	63.18 1,77,265

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	Nifty Smallcap 250	0.16%	216 / 249
2	Nifty 500	0.02%	431 / 499
3	Nifty Total Market	0.02%	554 / 749

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Pine Labs Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Saurabh Sharma Designated Person	January-2026	Market Sale (Disposal) 2nd Jan 2026	0.02 %	₹ 238.75	8.99 k	₹ 21.48 lac
Shankar Balan Designated Person	January-2026	Market Sale (Disposal) 2nd Jan 2026	0.01 %	₹ 238.73	29.12 k	₹ 69.51 lac
Anand Kuppuswamy Designated Person	January-2026	Market Sale (Disposal) 2nd Jan 2026	0.03 %	₹ 237.29	95.00 k	₹ 2.25 cr
Swarnendu Mukherjee Designated Person	December-2025	Market Sale (Disposal) 30th Dec 2025	0.03 %	₹ 243.44	26.02 k	₹ 63.35 lac
Sami Afsar Designated Person	December-2025	Market Sale (Disposal) 30th Dec 2025	0.01 %	₹ 241.51	17.00 k	₹ 41.06 lac
K N Kailash Designated Person	December-2025	Market Sale (Disposal) 30th Dec 2025	0.00 %	₹ 245.88	2.20 k	₹ 5.41 lac
K N Kailash Designated Person	December-2025	Market Sale (Disposal) 30th Dec 2025	0.00 %	₹ 234.48	7.65 k	₹ 17.95 lac
Shankar Balan Designated Person	December-2025	Market Sale (Disposal) 30th Dec 2025	0.02 %	₹ 238.21	8.26 k	₹ 19.68 lac
Swarnendu Mukherjee Designated Person	December-2025	Market Sale (Disposal) 26th Dec 2025	0.04 %	₹ 242.68	90.00 k	₹ 2.18 cr
Shankar Balan Designated Person	December-2025	Market Sale (Disposal) 26th Dec 2025	0.02 %	₹ 237.83	41.00 k	₹ 97.51 lac

…

No corporate action data available.

Company Profile

Overview of Pine Labs Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Pine Labs Limited is an India-based technology company focused on digitizing commerce, through digital payments and issuing solutions in India and globally. The Companys digital payments business provides software solutions across channels, including online payments designed to deliver secure online...

Key personnel

Mr. Sameer Vasudev Kamath

Chief Financial Officer

Mr. Neerav Mehta

Compliance Officer, Company Secretary

Mr. Arpit Khurana

Investor Relations

Mr. Bairavarasu Amrish RauD

Executive Chairman of the Board, Chief Executive Officer, Managing Director

Mr. Kush MehraD

President, Executive Director, Chief Business Officer - Digital Infrastructure and Transaction

Mr. Shailendra Jit SinghD

Non-Executive Nominee Director

Ms. Amrita GangotraD

Independent Director

Mr. Maninder Singh JunejaD

Independent Director

View all

Incorporated on

18 May 1998

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

5,007

IPO date

14 Nov 2025

Free Float

84,01,24,909

Website

https://www.pinelabs.com/

Phone no.

+911204951500

Address

Candor TechSpace, 4th & 5th Floor,, Plot No. B2, Sector 62,, NOIDA, 201301, India

Frequently Asked Questions

What is the current share price of Pine Labs Ltd.?

The current share price of Pine Labs Ltd. is ₹ 167.16 as of 5 Oct 2026.

What is the market capitalisation of Pine Labs Ltd.?

The market capitalisation of Pine Labs Ltd. stands at ₹ 19,352.40 Cr.

What is the PE ratio of Pine Labs Ltd.?

The Price-to-Earnings (PE) ratio of Pine Labs Ltd. is 152.03 as of the latest trailing twelve months data.

What is the ROE and ROCE of Pine Labs Ltd.?

Pine Labs Ltd. has a Return on Equity (ROE) of 2.39% and a Return on Capital Employed (ROCE) of 2.58% as per the latest financial reports.

What is the 52-week high and low of Pine Labs Ltd.?

The 52-week high of Pine Labs Ltd. is - and the 52-week low is -.

What is the dividend yield of Pine Labs Ltd.?

The dividend yield of Pine Labs Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Pine Labs Ltd.?

Foreign Institutional Investors (FII) hold 9.49%, Domestic Institutional Investors (DII) hold 23.96% and retail/public investors hold 63.18% of Pine Labs Ltd. shares.

What sector does Pine Labs Ltd. belong to?

Pine Labs Ltd. operates in the Financial Services sector. 90% of analysts have a Buy or Strong Buy rating on Pine Labs Ltd. with a consensus target price of ₹ 220.00, implying 31.27% upside from current levels.

What is the beta of Pine Labs Ltd.?

The beta of Pine Labs Ltd. is -, indicating its price volatility relative to the broader market.

What is the RSI of Pine Labs Ltd.?

The 14-day Relative Strength Index (RSI) of Pine Labs Ltd. is 44.28, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.