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.
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 by affordability/EMI rails, payment gateway, and international expansion across SEA, Middle East, US.