This Fintech Company Reports FY26 Profit After 6 Years; Share Price Trade Lower In Tuesday Session
DSIJ Intelligence / 26 May 2026 / Categories: Mindshare, Quarterly Results, Trending
Pine Labs reported consolidated FY26 net profit of Rs 113 crore compared to a loss in FY25, while annual revenue crossed Rs 2,700 crore supported by improved operating performance
On Tuesday, the Indian equity benchmarks traded flat during the morning session, with the benchmark Nifty 50 index trading marginally lower by 0.03 per cent at 24,024.95. Fintech and digital payment stocks remained in focus following quarterly earnings announcements. In this segment, Pine Labs share price was trading lower by 0.94 per cent at Rs 144.83 after the company announced its Q4FY26 and FY26 consolidated financial results.
Pine Labs Q4FY26 Performance
Pine Labs reported consolidated revenue from operations of Rs 701 crore during Q4FY26 as against Rs 599 crore reported in Q4FY25, registering a growth of around 17 per cent YoY. Total expenses during the quarter stood at Rs 594 crore compared to Rs 542 crore reported in the corresponding quarter previous year.
Operating profit came in at Rs 106 crore during Q4FY26 as against Rs 57 crore reported in Q4FY25, reflecting a growth of around 86 per cent YoY. Operating profit margin (OPM) improved to 15 per cent during the quarter compared to 9 per cent reported a year earlier.
Profit before Tax stood at Rs 68 crore during Q4FY26 compared to a loss of Rs 22 crore reported in Q4FY25. Net profit for the quarter came in at Rs 59 crore as against a loss of Rs 29 crore reported in the corresponding quarter previous year.
Earnings per share (EPS) stood at Rs 0.52 during Q4FY26 compared to a negative EPS of Rs 0.34 reported in Q4FY25.
Pine Labs FY26 Performance
For the financial year ended March 31, 2026, Pine Labs reported consolidated revenue from operations of Rs 2,711 crore compared to Rs 2,274 crore reported in FY25, registering a growth of around 19.2 per cent YoY.
Operating profit during FY26 stood at Rs 358 crore compared to Rs 218 crore reported in the previous financial year. Operating margin improved to 13 per cent during FY26 from 10 per cent in FY25.
Profit before tax for FY26 came in at Rs 137 crore compared to a loss of Rs 136 crore reported in FY25.
The company reported consolidated net profit of Rs 113 crore during FY26 as against a loss of Rs 145 crore reported in FY25, marking a return to profitability after several years of losses.
Operational Highlights
Other income during FY26 surged to Rs 133 crore compared to Rs 16 crore reported in FY25. Interest expenses stood at Rs 84 crore during the financial year, while depreciation expenses came in at Rs 270 crore.
The company continued to improve profitability metrics through operating leverage and growth in digital payments and merchant solutions businesses.
About Pine Labs
Pine Labs Ltd is a fintech and merchant commerce platform company offering payment solutions, merchant acquiring services, point-of-sale solutions and digital commerce products. The company operates across payments infrastructure, lending enablement and merchant technology solutions.
The company serves merchants, financial institutions and enterprise customers through its integrated digital payments ecosystem and continues to expand across online and offline commerce segments.
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Disclaimer: This article is for informational purposes only and not investment advice.