| Management target | Revenue 23.5% FY27 |
|---|
| Revenue growth | 20% YoY reaching ₹737 Cr in Q1 FY27. |
|---|---|
| Margins | CM at 72.3%; EBITDA margin at 17% due to growth investments. |
| Demand visibility | Strong broad-based momentum across all business segments. |
| Management confidence | High; conviction to deliver 21-23.5% full-year growth. |
Growth
Revenue reached ₹737 Cr (up 20% YoY); Profit After Tax jumped 4x YoY to ₹20 Cr.
Outlook
Full-year FY27 revenue guidance of 21-23.5%; ETR expected to normalize to 28-30% for the fiscal year.
Risks
Lower contribution margins due to mix shift towards distribution and high Q1 effective tax rate of 48%.
Last quarter's promises, checked
Delivered
- Guided Q1 FY27 revenue growth at lower end of 21-23.5% → delivered 20% (= PARTIAL)
- Guided 500 bps EBITDA margin improvement in FY26 → delivered 500 bps (= BEAT)
- Guided FY26 operating cash flow at ₹395 Cr → delivered ₹395 Cr (= BEAT)
Partly delivered
- Guided FY27 revenue growth 21-23.5% → Q1 actual 20% (= PARTIAL)
Investor Presentation filed with BSE, NSE: PINELABS. Summary written with AI assistance from the document.
Pine Labs Ltd: key numbers
- Share price
- ₹176.57
- Market cap
- ₹20,389 Cr
- Revenue (annual)
- ₹2,711 Cr
- Net profit (annual)
- ₹112.5 Cr
- P/E (TTM)
- 160.2×Sector 22.1×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 9.49%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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