Pine Labs swings to first annual profit; guides 21-23.5% FY27 revenue growth
Merchant payments platform Pine Labs reported FY PAT of ₹113 crore versus a ₹145 crore loss, with adjusted EBITDA up 55% to ₹560 crore and operating cash flow of ₹400 crore. CFO flags affordability/EMI rails, payment gateway scale-up, and SEA/Middle East/US expansion as growth engines. Stock still down 43% YoY.
What happened
Pine Labs posted first full-year profit of ₹113 crore versus ₹145 crore loss, with EBITDA up 55% to ₹560 crore. CFO guides 21-23.5% FY27 revenue growth driven
Key facts
- Revenue Q4: ₹701 crore
- Net profit Q4: ₹59 crore
- Margin: 12%
- FY PAT: ₹113 crore vs loss ₹145 crore
- Adjusted EBITDA: ₹560 crore (+55%)
- Operating cash flow: ₹400 crore
- FY27 revenue growth guidance: 21-23.5%
- Working capital: 45 days from 60
- International contributes 15% of topline
- Market cap: ₹16,317 crore
- Stock down 43% YoY