Pine Labs Ltd: Q1FY27 results
Pine Labs Ltd reported revenue of Rs 535 cr and net profit of Rs 44 cr for Q1FY27.
Filed 28 Jul 2026, 14:41 IST · Pine Labs Ltd (PINELABS)
Price around the results
What was reported
Pine Labs Ltd reported revenue of Rs 535 cr and net profit of Rs 44 cr for Q1FY27. Figures are standalone.
How it compares
Against the previous quarter revenue changed +3.80%.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 | Q4FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹535 cr | ₹515 cr | +3.80% |
| Other income | ₹48 cr | ₹65 cr | -26.51% |
| Expenses | ₹460 cr | ₹426 cr | +7.86% |
| Operating profit | ₹75 cr | ₹89 cr | -15.55% |
| Operating margin (%) | 14.10% | 17.33% | — |
| Interest | ₹10 cr | ₹14 cr | -22.86% |
| Depreciation | ₹54 cr | ₹51 cr | +6.20% |
| Profit before tax | ₹59 cr | ₹90 cr | -34.84% |
| Tax | ₹15 cr | ₹23 cr | -34.01% |
| Net profit | ₹44 cr | ₹67 cr | -35.12% |
| EPS (₹) | ₹0.38 | ₹0.59 | -35.59% |
Operating margin of 14.10% compares with a Financial Services sector median of 62.68% across 24 peers that have reported Q1FY27.
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
This quarter
- The company onboarded 48 new clients across its products in Q1.
Guidance & outlook
- The company is guided to deliver 21.0%-23.5% revenue growth for the full year.
- The company expects higher margins in coming quarters and for the full FY27 year.
- The company guides to net working capital below approximately 15% of revenue for full-year FY27.
Expansion
- The company is operating across more than 22 countries.
- Close to 1 lakh OMC deployments were completed between Q4 FY26 and Q1 FY27.
- The company scaled its payment application at Gcash in the Philippines with more than 20,000 deployments.
New initiatives
- The company is investing in an OEM-agnostic terminal management system with AI-led diagnostics and self-healing.
Problems & risks
- The ongoing chip shortage is creating pressure by requiring advance payments for device acquisitions.
- Incremental costs reflect scaling new markets and partnerships before their full revenue contribution.
- IAP margin compression reflects distribution scaling faster than processing, with structurally lower margins.