Pine Labs Limited
Pine Labs Limited operates in Financial Technology (Fintech), part of the Financial Services sector. It booked ₹806 cr of revenue in its latest quarter (Q2 FY27) and kept 4.8% of sales as profit. It is the 3rd largest of 9 Financial Technology (Fintech) companies we track, by market value.
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 41% of companies in Financial Services, on the 4 of 6 measures we could read for it. Each measure is ranked against the 55–253 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 43
At close. Not part of the score.
How much profit it earns on the money it employs
Whether reported profit actually arrives as cash
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
Not measurable for this company: balance sheet, growth & consistency. Those pillars are left out of the score rather than counted as zero.
What if I invest in PINELABS?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹806 cr |
| Other Income | ₹26 cr |
| Total Income | ₹832 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹134 cr |
| Inventory Change (±) | ₹-18 cr |
| Employee Benefit Expense | ₹268 cr |
| Finance Costs | ₹14 cr |
| Depreciation & Amortisation | ₹76 cr |
| Other Expenses | ₹297 cr |
| Total Expenses | ₹770 cr |
| Profit before Tax | ₹61 cr |
| Tax Expense | ₹23 cr |
| Net Profit | ₹39 cr |
| Net margin on total income | 4.6% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 701 cr | 737 cr | 806 cr |
| Total income | 741 cr | 766 cr | 832 cr |
| Expenses | 682 cr | 728 cr | 770 cr |
| Profit before tax | 68 cr | 38 cr | 61 cr |
| Tax | 9 cr | 18 cr | 23 cr |
| Net profit (owners' share) | 59 cr | 20 cr | 39 cr |
| Net margin (owners' share, on revenue) | 8.5% | 2.7% | 4.8% |
| EPS (₹) | 0.52 | 0.17 | 0.33 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| One 97 Communications Limited | ₹1,720 | ₹1.10 L cr | 122.2 | 5.4% | 8.5% | — |
| PB Fintech Limited | ₹928 | ₹42,943 cr | 55.8 | 9.9% | 8.8% | — |
| Pine Labs Limitedthis company | ₹156 | ₹17,999 cr | 118.1 | 2.6% | 4.8% | — |
| Manipal Payment and Identity Solutions Limited | ₹330 | ₹7,344 cr | 23.7 | — | 18.5% | — |
| Seshaasai Technologies Limited | ₹314 | ₹5,083 cr | 18.5 | 18.4% | 17.2% | — |
| AvenuesAI Limited | ₹14 | ₹4,830 cr | 14.4 | 6.4% | 2.8% | — |
| Network People Services Technologies Limited | ₹1,706 | ₹3,559 cr | 81.1 | 10.0% | 19.6% | — |
| One Mobikwik Systems Limited | ₹220 | ₹1,729 cr | 36.6 | 8.4% | 4.0% | — |
| Turtlemint Fintech Solutions Limited | ₹54 | ₹1,595 cr | — | -49.5% | -12.8% | — |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.