| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 806 | 650 | +24.0% |
| EBITDA | 126 | 75.4 | +67.1% |
| EBITDA margin | 15.6% | 11.6% | +4.0 pts |
| Profit before tax | 61.4 | 11.2 | +446.5% |
| Net profit | 38.6 | 6.0 | +546.1% |
| EPS | ₹0.33 | ₹0.06 | +450.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 |
|---|
| 18,856 | — | |
| 1,349 | 1,393 | |
| 283 | 283 | |
| 17,790 | — | |
| 2,988 | 2,711 | |
| 459 | 358 | |
| 15.4% | 13.2% | |
| 171 | 88.4 | |
| 160 | 113 | |
| 5.4% | 4.2% | |
| ₹1.39 | ₹0.98 | |
| — | 395 | |
| — | −238 | |
| 157 | 157 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|
| Market Capitalization | — | 18,856.2 | |
| - Cash, Equiv & ST Investments | 1,393.1 | 1,348.7 | |
| + Total Debt | 282.9 | 282.9 | |
| Enterprise Value | — | 17,790.5 | |
| Revenue | 2,710.6 | 2,987.9 | |
| EBITDA | 358.5 | 459.3 | |
| Margin % | 13.23 | 15.37 | |
| EBIT | 88.4 | 171.0 | |
| Net Income | 112.5 | 159.9 | |
| Margin % | 4.15 | 5.35 | |
| EPS, Adj (current shares) | 0.98 | 1.39 | |
| Cash from Operations | 395.4 | — | |
| Capital Expenditures | -238.4 | — | |
| Free Cash Flow | 157.0 | 157.0 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Pine Labs (NSE: PINELABS) had a market capitalisation of ₹17,696 crore at the 29 October 2026 close (₹153.25 a share), a PE ratio of 110.7 on the last four quarters' profit and a price-to-book ratio of 2.94. In FY26 its consolidated net profit was ₹113 crore on revenue of ₹2,711 crore; in Q2 FY27 (July–September 2026) it was ₹38.6 crore, up 546.1% year on year. Its debt-to-equity ratio was 0.03 on 30 September 2026.
Pine Labs' PE ratio is 110.7 at the 29 October 2026 close (₹153.25 a share): a market capitalisation of ₹17,696 crore divided by consolidated net profit of ₹160 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹113 crore) it is 157.3.
Pine Labs' price-to-book (PB) ratio is 2.94 at the 29 October 2026 close: a market capitalisation of ₹17,696 crore divided by shareholders' equity (book value) of ₹6,019 crore on 30 September 2026. That is a book value of ₹52.13 per share against a share price of ₹153.25.
Pine Labs' net worth — shareholders' equity in its consolidated balance sheet — was ₹6,019 crore on 30 September 2026, up 62.2% from ₹3,711 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹17,696 crore at the 29 October 2026 close.
Pine Labs' market capitalisation was ₹17,696 crore at the 29 October 2026 close: 115.47 crore shares at ₹153.25 each.
No. Pine Labs had borrowings of ₹183 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.03. Its cash and current investments were ₹8,540 crore, so it held net cash of ₹8,357 crore.
Pine Labs' debt-to-equity ratio was 0.03 on 30 September 2026: borrowings of ₹183 crore against total equity of ₹6,019 crore. A year earlier, on 30 September 2025, it was 0.20.
Pine Labs' book value per share was ₹52.13 on 30 September 2026: shareholders' equity of ₹6,019 crore divided by the 115.47 crore shares in issue. The share price at the 29 October 2026 close was ₹153.25.
Pine Labs has no promoter group: on 30 September 2026 promoters held 0% of its shares, according to the shareholding pattern filed with NSE. Foreign portfolio investors held 13.18% and domestic institutions 29.58%.
In FY26, Pine Labs generated ₹395 crore of cash from operations and spent ₹238 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹157 crore.
Pine Labs' basic earnings per share (EPS) were ₹1.05 in FY26.
In FY26 (April 2025–March 2026), Pine Labs' consolidated net profit was ₹113 crore, on revenue from operations of ₹2,711 crore.
Pine Labs has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On 30 September 2026, Pine Labs' shares were held by foreign portfolio investors (FII/FPI) 13.18%, domestic institutions (DII) 29.58% (including mutual funds at 26.69%) and retail and other non-institutional investors 57.24%.
Pine Labs' latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net profit ₹38.6 crore, up 546.1% from ₹6 crore in Q2 FY26; revenue from operations ₹806 crore, up 24.0% year on year.
At the 29 October 2026 closing prices, on FY26 net profit, Pine Labs' PE ratio is 157.3, the second highest of the four: Paytm 189.1, Nuvama Wealth Management 30.4 and Star Health and Allied Insurance 56.0, a peer average of 91.9. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Pine Labs earned net profit of ₹113 crore on revenue of ₹2,711 crore, against ₹553 crore on ₹8,437 crore for Paytm. Pine Labs' operating margin was 3.3% (Paytm −0.8%). At the 29 October 2026 close, Pine Labs' market capitalisation was ₹17,696 crore against ₹1,04,595 crore for Paytm, and its PE ratio on FY26 profit 157.3 against 189.1.
From Pine Labs' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.