ALFA Finder| Management target | Revenue 23.5% FY27 |
|---|
| Revenue growth | 20% YoY in Q1 FY27. |
|---|---|
| Margins | Temporary dip due to cloud/network investments; 73-74% CM target. |
| Order book | 90k-100k OMC terminals deployed; targeting 125k-130k. |
| Demand visibility | Strong merchant demand for digitization and premium UPI experiences. |
| Management confidence | High; reiterating full-year guidance despite front-loaded costs. |
Growth
Revenue grew 20% YoY; International issuing/acquiring segments saw 40%+ growth. Offline UPI transactions now exceed 70%.
Outlook
Full-year revenue growth guided at 21-23.5%. Launching meal and fuel cards by October 2026.
Risks
Higher cloud and network infrastructure costs impacted EBITDA. International segments are currently loss-making but targeting break-even.
Last quarter's promises, checked
Delivered
- Guided 21-23.5% FY27 Revenue Growth → delivered 20.0% in Q1 (= BEAT)
- Guided 74-75% Contribution Margin → delivered 73-74% (= BEAT)
- Guided 55% Incremental EBITDA Flow-through → delivered 50-55% (= BEAT)
Partly delivered
- Guided 21% Q1 Revenue Growth → delivered 20% (= PARTIAL)
Missed
- Guided 130k OMC terminals by FY27 → delivered 90k-100k (= MISS)
Earnings Call Transcript filed with BSE, NSE: PINELABS. Summary written with AI assistance from the document.
Pine Labs Ltd: key numbers
- Share price
- ₹176.44
- Market cap
- ₹20,374 Cr
- Revenue (annual)
- ₹2,711 Cr
- Net profit (annual)
- ₹112.5 Cr
- P/E (TTM)
- 127.4×Sector 23.7×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 13.18%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Pine Labs Ltd
All →Pine Labs Other Announcement
Pine Labs Limited filed CARE Ratings' Monitoring Agency Report for the quarter ended September 30, 2026, on its IPO proceeds. The report shows no deviation from objects and no major deviations.
Pine Labs Investor Presentation: Key Takeaways
Q2 FY27: Revenue ₹806 Cr (+24% YoY), Adj EBITDA ₹155 Cr (19% margin), PAT ₹39 Cr (6x YoY). Investing in mid-market, international and UPI.
Pine Labs Q2 FY27 Results: Net Profit ₹38.6 Cr, Up 543.3% YoY
Pine Labs Ltd reported revenue from operations of ₹806.2 Cr (+24.0% YoY) and net profit of ₹38.6 Cr (+543.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹38.6 Cr · +543.3% YoY
Pine Labs Employee Stock Options
Pine Labs granted 16,37,152 employee stock options under its ESOP 2025 scheme. Options vest over 48 months at exercise prices of Rs 5.40 to Rs 150.06.
Pine Labs Acquisition Worth ₹25 Cr
Pine Labs Limited invested ₹24.9993 Crore in its wholly owned subsidiary, Synergistic Financial Networks Private Limited, via a rights issue subscription.
- Value
- ₹25.00 Cr
Pine Labs Board Meeting Date
Pine Labs Limited scheduled a board meeting on October 29, 2026, to consider financial results, followed by an earnings conference call.