Pine Labs Limited has informed the Exchange regarding a press release dated May 25, 2026, titled "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 standalone revenue from operations of ₹1,926.09 crore for FY2026, up about 21% from ₹1,597.31 crore in the prior year. Standalone profit before tax more than quadrupled to ₹178.77 crore from ₹36.12 crore, driven by higher other income (₹172.29 crore vs ₹143.27 crore) and lower total expenses as a proportion of revenue. The auditors (BSR&Co. LLP) issued an unmodified (clean) opinion on both standalone and consolidated financial statements. The company completed its IPO in November 2025 raising ₹2,080 crore, and has deployed ₹797.28 crore of proceeds as of March 2026. Exceptional items of ₹8.52 crore (reversal) in Q4 relate to partial reversal of New Labour Codes provision previously recorded. Cash flow from operations was strong at ₹489.56 crore, up significantly from ₹15 crore in FY2025. Post-balance sheet, the company signed an agreement to acquire Shopflo for ₹88 crore cash consideration.
Clean audit opinions and strong revenue growth signal a healthy FY2026. The IPO proceeds and healthy operating cash flows provide a strong balance sheet. However, consolidated subsidiaries reported a net loss of ₹112.06 crore, indicating the parent-level performance is substantially stronger than group-level results. The upcoming insider trading window opening on May 28 may lead to increased market activity.