Pine Labs FY26: Profitability Achieved, Revenue ₹2,711 Cr
Pine Labs has released its Annual Report for FY 2025-26, marking its first full year of profitability. The company reported a significant increase in Gross Transaction Value (GTV) to $194 billion, a 50% year-on-year rise, processed across over 740 crore transactions. Revenue from operations grew by 19% to ₹2,711 Crores. Adjusted EBITDA saw a substantial 57% increase to ₹559 Crores, with margins expanding to 21%. The company swung to a Profit After Tax (PAT) of ₹113 Crores, a notable improvement from a loss of ₹145 Crores in FY 2024-25. Operating cash flow also increased eight-fold to ₹395 Crores. The report highlights the company's successful IPO, which raised approximately ₹3900 Crores, and details the strategic allocation of these funds towards technology infrastructure and international expansion. Pine Labs now serves over 11 Lakh merchants with more than 20 Lakh digital checkout points.
Key Highlights
- Pine Labs achieved first full year of profitability in FY 2025-26.
- Revenue grew 19% to ₹2,711 Crores; GTV processed was $194 Billion.
- Adjusted EBITDA increased 57% to ₹559 Crores with 21% margins.
- PAT turned positive at ₹113 Crores, up from a loss in the prior year.
- IPO proceeds to fund technology and international expansion.
Price Impact
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