As per enclosed file.
PINELABS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pine Labs reported strong Q4 FY26 results with revenue of ₹701 Cr (up 17% YoY) and full-year revenue of ₹2,711 Cr (up 19% YoY). The company achieved its highest-ever quarterly PAT of ₹59 Cr in Q4, swinging from a loss of ₹29 Cr in Q4 FY25, and delivered full-year PAT of ₹113 Cr versus a loss of ₹145 Cr in FY25. Adjusted EBITDA margin expanded to 21% from 16%, demonstrating operating leverage as higher-margin segments like affordability, issuance, and international scale. Key wins include multi-year contracts with India's top 3 Oil Marketing Companies (IOCL, BPCL, HPCL) covering ~130,000 fuel retail outlets, partnership with G-Cash in the Philippines, and Wio Bank in UAE. The company also partnered with OpenAI for Agentic Commerce and launched AI-based products like SignalIQ for automated underwriting.
The results show successful transition from investment phase to monetization, with improving margins and profitability. The OMC contracts provide multi-year revenue visibility in India's fuel retail segment. Management guided for 21-23.5% revenue growth over the next few years, supported by strong cash generation (Operating Cashflow ₹395 Cr FY26, Net Cash ₹2,449 Cr), reducing balance sheet risk while funding growth investments.