macro

Pine Labs posts 24% revenue growth and 67% EBITDA jump in Q2

Indian fintech Pine Labs grew Q2 FY27 revenue 24% and EBITDA 67%, with net profit climbing to ₹38.6 crore, according to a TradingView report.

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what happened

Indian fintech firm Pine Labs Ltd. lifted revenue 24% year on year to ₹806.2 crore for the September quarter of FY27, its fastest expansion in five quarters, TradingView reported.

Net profit reached ₹38.6 crore, up from ₹6 crore a year earlier. EBITDA rose 67.3% to ₹126 crore, and its margin widened to 15.6% from 11.6%. CEO Amrish Rau said growth came from both the acceptance and issuing units.

Overseas markets generated 15% of revenue, while products introduced over the last two years made up 14%. Pine Labs now handles about 25 million transactions daily, roughly 22% more than a year ago. Management targets 21–23% revenue growth and EBITDA margins above 20%. Shares were up 2.24% at ₹166.24 on Thursday, October 29, though they are down about 30% in 2026 so far.

why it matters

For investors, the mix of faster sales growth and wider margins stands out, especially given the stock's roughly 30% slide this year. Attention is likely to stay on whether the company can keep that pace while funding new products and overseas expansion. The report itself offers no share-price outlook.

market impact

Pine Labs shares: faster revenue growth and higher margins support the stock

  • Pine Labs shares pressure up — faster revenue growth and a higher EBITDA margin support the stock

tags

instruments

Pine Labs sharesIndian fintech stocks

sources

  1. Pine Labs Q2 Results: Revenue growth hits five-quarter high at 24%; EBITDA rises 67% — TradingView, 29 October 2026 at 08:07 UTC

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