NSE PINELABS · BSE 544606 · Consumer Financial Services · NIFTY 500
Pine Labs Share Price
Pine Labs Overview
Where the price stands, how it has moved and how it sits against its averages.
Pine Labs shares last traded at ₹171.55 on the NSE, down 0.85% on the day. That is 39.5% below the 52-week high of ₹283.70 and 27.3% above the 52-week low of ₹134.75. The stock trades at 155.51× earnings, above the sector average of 24.89. Its market value is ₹19,794 Cr.
Price returns
Against the market: 1 Month ▲ +11.84% · 3 Months ▲ +15.09% · 6 Months ▲ +8.96% · This year ▼ −14.92%
Shading grows with the size of the move. We ask our data provider for a newer price every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next check from Mon 26 Oct, 9:15 AM. Its quotes are not real-time — the time at the top shows how current the price is.
Moving averages — price is above 2 of 6
- 10-day average₹189.37 ▼ price 9.4% below
- 5-day average₹187.09 ▼ price 8.3% below
- 300-day average₹183.62 ▼ price 6.6% below
- 20-day average₹177.51 ▼ price 3.4% below
- Today's price₹171.55
- 50-day average₹164.33 ▲ price 4.4% above
- 100-day average₹159.67 ▲ price 7.4% above
Each average is the mean closing price over that many trading days; averages above the current price sit higher on the ladder.
Pine Labs Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹2,711 Cr | ▲ +19.2% | ₹113 Cr | 4.2% | ₹1.05 | — |
| FY 2025 | ₹2,274 Cr | ▲ +28.5% | −₹145 Cr | −6.4% | −₹1.27 | — |
| FY 2024 | ₹1,770 Cr | ▲ +10.8% | −₹342 Cr | −19.3% | −₹2.98 | — |
| FY 2023 | ₹1,598 Cr | ▲ +71.1% | −₹265 Cr | −16.6% | −₹2.31 | — |
| FY 2022 | ₹934 Cr | — | −₹23 Cr | −2.4% | −₹0.20 | ₹0.00 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹737 Cr | ▲ +5.2% | ₹20 Cr | 2.7% | ₹0.17 |
| Q4 FY26 | ₹701 Cr | ▼ −5.9% | ₹59 Cr | 8.5% | ₹0.51 |
| Q3 FY26 | ₹744 Cr | ▲ +14.5% | ₹42 Cr | 5.7% | ₹0.38 |
| Q2 FY26 | ₹650 Cr | ▲ +5.5% | ₹6 Cr | 0.9% | ₹0.05 |
| Q1 FY26 | ₹616 Cr | ▼ −42.2% | ₹5 Cr | 0.8% | ₹0.04 |
| Q4 FY25 | ₹1,066 Cr | ▲ +77.2% | −₹172 Cr | −16.1% | −₹1.49 |
| Q3 FY25 | ₹602 Cr | ▲ +9.1% | −₹57 Cr | −9.4% | −₹0.49 |
| Q2 FY25 | ₹552 Cr | — | −₹32 Cr | −5.8% | −₹0.32 |
Balance sheet — FY26
- Total assets₹13,297 Cr
- Total liabilities₹7,402 Cr
- Shareholders' equity₹5,895 Cr
- Total debt₹441 Cr
- Cash & investments₹2,656 Cr
- Current ratio1.52×
- Operating margin (TTM)6.39%
- Net margin (TTM)4.50%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY22–FY26
| ₹ crore | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Total revenue | 933.98 | 1,597.66 | 1,769.55 | 2,274.27 | 2,710.59 |
| Cost of revenue | 164.05 | 316.62 | 384.16 | 545.39 | 669.41 |
| Gross profit | 769.93 | 1,281.04 | 1,385.39 | 1,728.88 | 2,041.18 |
| Operating expenses | 1,000.09 | 1,939.60 | 2,153.03 | 2,374.02 | 2,567.10 |
| Operating income | −66.10 | −341.95 | −383.48 | −99.75 | 143.49 |
| Depreciation | 188.69 | 315.03 | 362.77 | 292.09 | 270.13 |
| Profit before tax | −74.51 | −289.46 | −397.57 | −136.39 | 137.28 |
| Tax | −51.89 | −24.32 | −55.66 | 9.10 | 24.77 |
| Net profit | −22.62 | −265.15 | −341.90 | −145.49 | 112.51 |
| EPS (₹) | −0.20 | −2.31 | −2.98 | −1.27 | 1.05 |
| Dividend per share (₹) | 0.00 | — | — | — | — |
| ₹ crore | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Total assets | 6,263.59 | 9,363.21 | 9,648.56 | 10,715.74 | 13,296.96 |
| Current assets | 4,775.53 | 6,634.35 | 7,099.63 | 8,241.14 | 10,884.33 |
| Cash & short-term investments | 634.73 | 1,395.07 | 992.85 | 1,091.49 | 2,656.18 |
| Inventory | 18.15 | 58.83 | 61.26 | 64.62 | 66.28 |
| Property, plant & equipment | 537.38 | 802.75 | 647.93 | 517.53 | 475.67 |
| Total liabilities | 4,350.38 | 5,624.22 | 6,106.63 | 7,209.59 | 7,401.55 |
| Current liabilities | 4,166.41 | 5,073.90 | 5,775.13 | 6,953.85 | 7,184.12 |
| Total debt | 282.24 | 438.18 | 654.17 | 970.40 | 440.65 |
| Total equity | 1,913.21 | 3,738.98 | 3,541.93 | 3,506.15 | 5,895.41 |
| ₹ crore | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| From operations | −107.21 | −228.72 | −299.31 | −276.75 | −310.86 |
| From investing | −445.58 | −370.84 | 45.04 | −159.15 | −1,338.87 |
| From financing | 725.92 | 2.34 | −219.51 | −201.08 | 1,972.17 |
| Capital expenditure | −330.88 | −366.68 | −266.39 | −150.24 | −238.38 |
| Dividends paid | — | — | — | — | — |
| Net change in cash | 173.13 | −591.19 | −470.64 | −636.89 | 322.45 |
Pine Labs vs Peers
Side by side with other consumer financial services companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield |
|---|---|---|---|---|---|---|---|---|
| Pine Labs This stock | ₹171.55 | ▼ −0.85% | ₹19,794 Cr | 155.51 | 3.34 | — | 4.50% | 0.00% |
| Bajaj Finance | ₹985.00 | ▼ −1.01% | ₹6,13,257 Cr | 25.01 | 5.76 | 19.79% | 23.72% | 0.51% |
| Shriram Finance | ₹979.00 | ▼ −2.00% | ₹2,30,357 Cr | 13.87 | 2.95 | 16.15% | 20.94% | 1.04% |
| Jio Financial Services | ₹220.25 | ▼ −2.97% | ₹1,45,434 Cr | 95.47 | 1.15 | 1.11% | 49.84% | 0.21% |
| Tata Capital | ₹328.55 | ▼ −3.13% | ₹1,39,485 Cr | 20.47 | 3.26 | 14.39% | 15.95% | 0.16% |
| Power Finance Corporation | ₹330.15 | ▼ −2.52% | ₹1,08,953 Cr | 5.42 | 1.01 | 20.90% | 29.13% | 4.58% |
Peer prices and ratios as last reported by the data provider. Company names link to their own pages.
Pine Labs Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation The price against earnings, book value and sales
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 3.34× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 80 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.00%
- Payout ratio0.00%
No dividends on record.
Corporate calendar
- MeetingAnnual General Meeting
- BoardQuarterly Results
- BoardAudited Results
- MeetingPostal Ballot
- BoardQuarterly Results & Others
- BoardQuarterly Results
About Pine Labs
Consumer Financial Services
Pine Labs Limited is an India-based technology company focused on digitizing commerce, through digital payments and issuing solutions in India and globally. The Company's digital payments business provides software solutions across channels, including online payments designed to deliver secure online payment experiences to the end user, powered by a tech stack. It also provides integrated solutions for merchants and consumer brands and enterprises, and Fintech (Financial Technology) infrastructure solutions for financial institutions. Its issuing business offers a full-stack, end-to-end technology service solution in physical prepaid instruments, gift cards, and sales/ distribution space, with brands and customers from the retail, hospitality and travel industries. Its products include in-store payments, online payments, prepaid, fintech infrastructure and credit processing. It also provides an online checkout optimization platform.
Key people
- Bairavarasu Amrish RauExecutive Chairman of the Board, Chief Executive Officer, Managing Director
- Kush MehraPresident, Executive Director, Chief Business Officer - Digital Infrastructure and Transaction
- Sameer Vasudev KamathChief Financial Officer
- Neerav MehtaCompliance Officer, Company Secretary
Company facts
- NSE symbolPINELABS
- BSE code544606
- ISININE15B701018
- IndustryConsumer Financial Services
- IndexNIFTY 500
- Market cap₹19,794 Cr
- Revenue (FY26)₹2,711 Cr
- Net profit (FY26)₹113 Cr
In the News
Recent headlines about Pine Labs — they open on Mint in a new tab.
- Pine Labs block deal: Why Mastercard Asia-Pacific is selling its entire stake for ₹890 crore - What should investors do?
According to Sugandha Sachdeva, Founder of SS WealthStreet, the block deal could create some near-term supply pressure and volatility in the stock, the broader business outlook remains encouraging.
22 Sep 2026 · 2 min read · Mint ↗ - Mastercard to exit Pine Labs in $93 million block deal
Mastercard seeks to sell up to 49.7 million shares in Pine Labs through a block deal valued at up to ₹893 crore.
21 Sep 2026 · 2 min read · Mint ↗ - Pine Labs block deal: Mastercard Asia-Pacific to sell entire stake worth nearly ₹890 crore: Report
Mastercard will liquidate its holdings in Pine Labs through a ₹890 crore deal, offering shares at ₹179.50 on 22 September. This action coincides with Pine Labs' stock recovery and profit growth from increased digital payment adoption and UPI usage in India.
21 Sep 2026 · 2 min read · Mint ↗ - Pine Labs share price jumps 5%: Why new UPI MDR rules could boost earnings - Check new target
With a shift to a recurring revenue model from the new UPI framework, Pine Labs could see a 20% EBIT increase. Following NPCI's MDR implementation, the company’s stock has risen 5%.
17 Sep 2026 · 3 min read · Mint ↗ - Peak XV sees India’s next big bets in wealth, wellness and premium consumer businesses
Peak XV Partners sees India’s next investment wave moving into wealth, insurance, specialized healthcare and premium consumer categories as incomes and markets deepen.
15 Sep 2026 · 4 min read · Mint ↗ - Pine Labs share price jumps 13%: Fintech stock rises sharply as trading volume explodes
On the NSE, as many as 11.57 crore shares changed hands, with trading volume rising 3.8 times compared with the average volume of 3.05 crore shares
11 Sep 2026 · 2 min read · Mint ↗
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