Pine Labs Ltd Share Price

Pine Labs delivered strong topline growth

Pine Labs delivered strong topline growth in Q1 FY27, with revenue from operations rising 19.6% YoY to ₹736.9 crore and net profit jumping more than four-fold to ₹19.6 crore. EBITDA increased 51% to about ₹124 crore, although adjusted EBITDA margin declined to around 17% from 20%, indicating some pressure on profitability despite strong revenue growth. The business is seeing healthy transaction growth. Platform GTV reached around ₹4.22 lakh crore, with 2.01 billion transactions, while digital checkout points increased 18% to 2.17 million and the merchant base reached around 11.5 lakh. UPI-related GTV grew more than 80%, highlighting the company's exposure to India's rapidly expanding digital-payments ecosystem. Another positive is international expansion: international revenue was around ₹114 crore, or 15.5% of Q1 revenue, with operations across 22 countries. The issuing and acquiring platform also grew 31% YoY to ₹237.8 crore. Pine Labs has additionally been investing in AI and newer payment technologies, including its work around agentic payments on UPI, which could become a longer-term growth opportunity.

See More

Altius Telecom, Pine Labs See Mega Block Deals

Several notable bulk and block deals took place across companies, involving institutional investors, promoters and global funds.

: Alpha Wave Ventures II LP sold 3.54 crore shares, or 3.07% stake, for ₹549.92 crore at ₹155.10 per share. The shares were acquired by nine domestic and global investors, including ICICI Prudential Life Insurance, Societe Generale, Goldman Sachs Investments Mauritius, Morgan Stanley Asia Singapore and Norges Bank. Altius Telecom Infrastructure Trust: CDPQ Infrastructures Asia III Inc acquired 73.13 crore units, equivalent to a 24% stake, for ₹12,067 crore at ₹165 per unit. GIC-backed Anahera Investment sold a 6.92% stake, while Brookfield-controlled BIF IV Jarvis India offloaded 17.07%. Aster DM Quality Care: Promoter-owned Union (Mauritius) Holdings bought 46.09 lakh shares, or 0.52% stake, for ₹350.34 crore at ₹760 per share from TPG-affiliated Centella Mauritius Holdings. Shreeji Shipping Global: Unity Associates acquired 0.67% stake for ₹70.85 crore from promoters. Wonder Electricals: Nexus Global Opportunities Fund bought an additional 1.13% stake for ₹11.55 crore, following a 1.11% purchase in the previous session. Disclaimer: Investments in securities are subject to market risk. This is for informational purposes only. Investors must verify information before investing and consider their financial position & risk profile."

See More

Pine Labs Limited Latest Updates and Discussion

Appointment of Chief Operations Officer On September 2, 2026, Pine Labs formally appointed Jayaram Karthik as Chief Operations Officer (COO). In this role, Karthik leads the operational foundation and merchant experience architecture across India and international markets, focusing on standardizing customer onboarding and scaling operating infrastructure across the company's footprint spanning over 20 countries. 28th AGM & FY26 Annual Report Dispatch Under SEBI LODR Regulation 30 disclosures, the company completed dispatching its FY26 Annual Report and notice for its 28th Annual General Meeting (AGM) scheduled for September 16, 2026, conducted via video conferencing. Remote e-voting for shareholders opens from September 12 through September 15, 2026. Operational Turnaround & Full-Year Profitability For the fiscal year ended March 31, 2026 (FY26), Pine Labs posted consolidated revenue from operations of ₹2,098.38 crore, up 20.56% year-on-year from ₹1,740.58 crore in FY25. Full-year consolidated net profit (PAT) surged 434.9% YoY to ₹149.88 crore (compared to ₹28.02 crore in FY25), delivering a net profit margin of 7.14% following operating leverage gains in merchant acquiring and offline PoS processing. Corporate Restructuring via Reverse Flip Following the sanction received from the National Company Law Tribunal (NCLT) for the scheme of amalgamation of its Singapore holding entity with its Indian parent entity, Pine Labs finalized the corporate domicile transfer back to India. The reverse-flip execution streamlined the corporate holding structure, enabling direct equity distribution to existing institutional shareholders. Platform Expansions & Enterprise Contracts Through its API infrastructure arm Setu and core payment systems, the company secured major multi-year modernization mandates from top Indian Oil Marketing Companies (OMCs) for nationwide petrol retail payment automation.

See More

PINE LABS APPOINTS JAYARAM KARTHIK AS COO

PINE LABS APPOINTS JAYARAM KARTHIK AS CHIEF OPERATIONS OFFICER

Pine Labs has appointed Jayaram Karthik as Chief Operations Officer (COO). Karthik will lead operations and merchant experience across India and international markets, supporting the company’s technology-enabled operating model. He brings over 25 years of experience across operations, risk, analytics and technology. He has previously held leadership positions at American Express, Citibank, Amazon, Tata and Razorpay. His mandate will focus on strengthening operating processes, standardisation and merchant journeys as Pine Labs continues to scale its global operations. Pine Labs currently operates across more than 20 countries. Impact: Positive — The appointment strengthens Pine Labs’ senior leadership and operational capabilities, supporting its continued expansion across domestic and international markets.

See More

Pine Labs Appoints Jayaram Karthik as COO

Pine Labs Ltd (PINELABS) Leadership Update: Company appoints Jayaram Karthik as Chief Operations Officer (COO). He brings extensive leadership experience from American Express, Citibank, Amazon, Tata Group, and Razorpay, strengthening Pine Labs’ operational and strategic capabilities. 📊 Key Highlights New Appointment: Jayaram Karthik as COO Experience: American Express, Citibank, Amazon, Tata, Razorpay Role: Strengthen operations and drive strategic growth Impact: Enhances leadership depth and fintech expertise 📌 SWOT Analysis Strengths Strong fintech platform with merchant solutions. Leadership team enriched with global experience. Established presence in India and Southeast Asia. Weaknesses High dependence on merchant payments ecosystem. Competitive pressure in digital payments. Opportunities Expansion into new geographies and product lines. Rising demand for digital payments and BNPL solutions. Strategic partnerships with banks and fintechs. Threats Regulatory scrutiny in payments and lending. Competition from Paytm, Razorpay, and PhonePe. Rapid technology shifts requiring constant innovation. 🏭 Fundamentals Snapshot (FY26) Revenue: ~₹3,200 crore EBITDA Margin: ~18% PAT: ~₹280 crore Debt-to-Equity: ~0.3

See More

PINELABS STOCK JUMPS AS INVESTEC INITIATES BUY, SEES UPSIDE

Shares of Pine Labs rose nearly 4 percent in intraday trading on August 27 after Investec initiated coverage on the fintech company with a ‘Buy’ rating and a target price of Rs 200 per share. The target implies an upside of around 20 percent from the previous close. Pine Labs shares gained as much as 3.7 percent during the session before paring some gains to trade up 1.5 percent. Investec highlighted Pine Labs’ strong position in merchant payments and its growing portfolio of higher-margin value-added services as key drivers of future growth. The brokerage also pointed to the company’s affordability solutions, including POS financing, as an important growth opportunity. Pine Labs currently processes around 85 percent of offline white-goods buy-now-pay-later transactions and has partnerships with more than 450 brands and over 40 financial institutions. According to Investec, rising scale and a higher contribution from high-margin businesses could support a meaningful improvement in profitability. Pine Labs’ EBITDA margin increased from virtually zero in FY23 to 13 percent in FY26, while its PAT margin reached 4 percent during the same period. For the quarter, the company reported adjusted EBITDA of Rs 126 crore, translating into a margin of 17.1 percent. Its platform processed a gross transaction value of approximately Rs 4.22 lakh crore during the quarter.

See More