Pine Labs Share Price in Focus; Reports 24% Revenue Growth in Q2 FY27

Written by: Team Angel OneUpdated on: 29 Oct 2026, 9:15 pm IST

Pine Labs reports Q2FY27 results, with revenue rising 24% y-o-y to ₹806 crore and net profit increasing to ₹39 crore in the quarter.

Pine Labs reported revenue of ₹806 crore for the July-September quarter, up 24% from ₹650 crore in the same period last year. The company’s results for the second quarter of FY27 were released on October 29, 2026.

Both business segments recorded higher revenue. The Digital Infrastructure and Transaction Platform (DITP) brought in ₹532 crore, compared with ₹440 crore a year earlier.

Revenue from the Issuing and Acquiring Platform (IAP) rose to ₹275 crore from ₹210 crore.

Net Profit at ₹39 Crore

Net profit for the quarter stood at ₹39 crore, against ₹6 crore in Q2 FY26. Profit before tax increased to ₹61 crore from ₹11 crore.

Adjusted EBITDA rose to ₹155 crore from ₹122 crore, while the adjusted EBITDA margin was 19%. Contribution margin increased to ₹587 crore from ₹497 crore in the year-ago quarter.

Transaction Volumes Increase

Pine Labs processed 229 crore transactions during the quarter, up from 188 crore a year earlier. The total value of transactions processed through its platform stood at ₹4.45 lakh crore.

The company had 22.3 lakh digital checkout points at the end of September, compared with 19 lakh in the same period last year. Its merchant count rose to 11.6 lakh from 10.3 lakh. Prepaid card issuance increased to 28 crore from 26 crore.

Operating Cash Flow Rises

Operating cash flow, including early settlements, increased to ₹350 crore from ₹152 crore in Q2 FY26. Net working capital stood at 14% at the end of September.

Pine Labs reported a gross cash balance of ₹2,528 crore as of September 30, with borrowings of ₹183 crore. Its net cash balance stood at ₹2,345 crore.

As of October 29, 2026, 3:30 pm, Pine Labs share price was trading at ₹164.21, a 0.99% increase from the previous closing price.

Conclusion

Pine Labs ended the September quarter with higher revenue and net profit than a year earlier. Transaction volumes and operating cash flow also increased during the period.

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Published on: Oct 29, 2026, 3:45 PM IST

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