Pine Labs FY26 Annual Report: Profitability Achieved, GTV $194Bn, Revenue ₹2,711 Cr
Pine Labs reported FY26 annual results with $194Bn GTV and ₹2,711 Cr revenue, up 19%. Adjusted EBITDA grew 57% to ₹559 Cr, with margins at 21%. The company achieved PAT of ₹113 Cr, a turnaround from FY25's loss. Operating cash flow rose 8x to ₹395 Cr. The 28th AGM is scheduled.
The achievement of profitability, significant revenue growth, and positive turnaround in PAT are material financial events that will have a high impact on investor perception and the company's valuation. The detailed annual report and AGM announcement are also significant corporate actions.
The company has achieved profitability and significant growth in key financial metrics like GTV, revenue, and EBITDA, alongside a positive turnaround in PAT. The successful IPO and expansion plans also contribute to a positive outlook.
Pine Labs Limited has released its Annual Report for FY 2025-26, marking a significant shift to profitability. The company processed $194 billion in Gross Transaction Value (GTV), a 50% year-on-year increase, across over 740 crore transactions. Revenue from operations grew by 19% to ₹2,711 crore.
Adjusted EBITDA saw a substantial rise of 57% to ₹559 crore, with margins expanding to 21%. The company reported a Profit After Tax (PAT) of ₹113 crore for FY 2025-26, a significant turnaround from a loss of ₹145 crore in FY 2024-25. Operating cash flow increased eight-fold to ₹395 crore.
The report highlights the company's evolution from an "investment-and-build" phase to a "monetisation-at-scale" strategy. Pine Labs is focusing on its full-stack commerce platform, expanding its global presence across 22 countries, and investing in AI-driven solutions and agentic commerce. The company processed over 740 crore transactions, with Digital Checkout Points (DCPs) reaching 20.3 lakhs and serving over 11 lakhs merchants.
The annual report also includes the Notice of the Twenty-Eighth Annual General Meeting (AGM). The company's IPO of approximately ₹3900 crore, comprising a fresh issue of ₹2080 crore and an Offer for Sale of ₹1819.9 crore, is also detailed, with proceeds intended for deepening technology infrastructure and accelerating international expansion.
What to do with a filing like this
Pine Labs Limited filed this with the NSE as a statutory disclosure, categorised under annual results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Pine Labs Limited. Read the original for the full detail.