Pine Labs Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Pine Labs reported revenue growth of about 20% year-on-year in Q1 FY2027, at the lower end of its full-year guidance of 21-23.5%, with management attributing softer contribution margin partly to a mix shift toward international distribution and terminal sales. Adjusted EBITDA came in below internal expectations due to front-loaded investments in cloud, network infrastructure and 500 new sales hires, while PAT was close to Rs.20 crores and PBT was Rs.38 crores. Management also detailed growth across international markets, AI-driven products, agentic payments, and new segments such as gaming, meal cards and prepaid processing.
Pine Labs reported Q4 and full year FY2026 results with revenue growth of about 19%, adjusted EBITDA rising to roughly Rs.559 crore from Rs.357 crore, and PAT of about Rs.113 crore for the year. Management said operating cash flow was about Rs.676 crore in Q4 and about Rs.395 crore for the full year. For FY2027, management guided to revenue growth of 21% to 23.5% and discussed drivers including the online business, international markets, affordability, and the OMC petroleum contracts.