PINELABSBSEPine Labs LtdHighNeutral
Announced Mon, 25 May · 18:11 IST

As per the enclosed file

Revenue Growth 20pctPat Growth 25pctExceptional ItemAuditor Mid Year ChangeResults View source PDF

PINELABS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹146.67
prior close
₹151.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.8-4.5-3.8-3.0-0.1-1.6-1.9-2.6-2.2-1.6+3.4+7.9+1.3
Up moveDown movePending
AI summary

Pine Labs reported audited standalone FY2026 results with revenue from operations of ₹1,926.09 crores, up ~20.6% from ₹1,597.31 crores in FY2025. Profit after tax surged to ₹149.82 crores from ₹28.02 crores in the prior year, a ~435% jump driven by higher total income (₹2,098.38 crores vs ₹1,740.58 crores) and strong operating cash flow of ₹489.56 crores turned positive from negative ₹57.92 crores a year ago. The company listed on BSE/NSE in November 2025 via an IPO raising ₹2,080 crores; proceeds are partially deployed toward debt repayment (₹532 of ₹532 crores), IT/digital infrastructure (₹261.12 of ₹660 crores), and general corporate purposes (₹740 of ₹626.33 crores allocated). Auditors BSR & Co. LLP issued an unmodified (clean) opinion. Exceptional items of ₹8.52 crore represent reversal of New Labour Codes provision. The company also completed acquisition of Agya Technologies (to 100% ownership) and announced acquisition of Shopflo post year-end.

Likely market impact

Strong double-digit revenue growth and a multi-fold PAT increase signal improving operational leverage. The clean audit opinion and positive operating cash flow are positives for shareholders, though the large unutilised IPO proceeds and recent listing warrant monitoring of capital allocation.