Pine Labs shares in focus after Co turns profitable in Q4 amidst strong operating performance

Shares of Pine Labs Ltd. are in focus on Tuesday, May 26, after the company reported a strong set of earnings in the fourth quarter.

The company reported a profit after tax (PAT) of ₹59 crore from a loss of ₹29 crore last year. It also increased from the previous quarter's ₹42 crore.

Its revenue from operations increased 17% to ₹701 crore in the fourth quarter from 599 crore last year. It was lower than the previous quarter's ₹744 crore.

The company's adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) surged 73% to ₹146 crore from ₹84 crore in the fourth quarter of the previous fiscal. It declined from the prior quarter's ₹171 crore.

Its EBITDA margin expanded to 21% from 14% in the year-ago period but contracted from the previous quarter's 23%.

Pine Labs' operating cash flow increased eight times to ₹395 crore. Its online payments witnessed 56% growth during the quarter.

The company's international business made up for 15% of its revenue.

The Pine Labs management has guided for 21% to 23.5% revenue growth in the financial year 2027.

Shares of Pine Labs ended the previous session 2.7% up at ₹146.67 apiece. The stock has declined 26.7% in the past month and is down 37.6% this year, so far and trades well below its issue price of ₹242 per share.

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