Financial ServicesMid capRs 19,982 crRs 268.3 cr traded a dayDigital
Close on 10 September 2026
173.17
−1.09%
52-week range31% of the way up
137.94250.89
Market cap
19,982 cr
P/E (TTM)
157.0×
industry 18×
EPS (TTM)
1.10
Net margin
2.7%
1 month
+1.9%
Below 52w high
44.9%
RSI (14)
65
Daily swing
4.2%
average true range
Volume
0.8×
vs 20-day average
Traded
Rs 268 cr
median day
Close200-day averageMaterial filing
215 sessions · hover for the filing behind a move
Key metrics
each ranked against every stock scanned tonight
Above the 200-day average
Below the median
-4.8%
One-year return
n/a
Return on capital employed
Bottom of the universe
2.9%
Debt to equity
Above the median
0.05×
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
311%
Revenue growth, year on year
latest reported quarter
n/a
Below the 52-week high
from the highest close of the year
-31.0%
1 week
+10.65%
1 month
+1.91%
3 months
+12.75%
6 months
+0.99%
1 year
—
The read
written from the numbers on this page
The evidence is mixed3 supporting, 3 against, 1 worth knowing
Supporting
matches more cash than borrowings, which has beaten the market by +1.47 points over 20 sessions across 6,919 past signals
4 independent kinds of evidence agree today, which is uncommon
net margin has widened from 0.9% to 2.7% across four quarters
Against
trading 5% below its 200-day average
1 of the scans it matches has historically underperformed the market
priced at 157× earnings against an industry median of 18× — 764% above its peers
Worth knowing
the 50-day and 200-day averages disagree, which usually means a turn in progress rather than a trend to lean on
PINELABS sits in Digital — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close back above 182, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
from the filings and from the price, with the figure behind every line
Working5
Pine Labs holds Rs 1,393 cr in cash against borrowings of Rs 283 cr.
Rs 1,393 crRs 283 cr
Pine Labs' operating cash flow was Rs 395 cr against Rs 127 cr profit, which is 311% of it.
Rs 395 crRs 127 cr311%
Pine Labs' borrowings are 0.05 times its owners' equity, at Rs 283 cr against Rs 5,895 cr.
0.05Rs 283 crRs 5,895 cr
4 different kinds of evidence point at it tonight, not 4 versions of the same one.
4 families
Rs 268 crore changes hands on a median day, so an ordinary order is not the reason it moves.
Rs 268 cr
Needs watching3
Digital infrastructure and transaction platform contributes 68% of Pine Labs' revenue.
Digital infrastructure and transaction platform68%
Trading 4.8% below its 200-day average.
-4.8%
31% below its 52-week high.
-31%
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 4 of these 4 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, beside the median NSE stock over the same days
What the scans say today
5 of 47 matched on 10 Sep
PINELABS matches 5 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
PINELABS reports 2 business segments. The largest is Digital infrastructure and transaction platform at 68% of revenue in the quarter ending 30 June 2026.
SegmentRevenueSharevs a year ago
Digital infrastructure and transaction platform499 cr67.7%—
Issuing and acquiring platform238 cr32.3%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 31 March 2026
Return on equity
2.2%
trailing profit over shareholders’ funds
Return on capital
2.9%
pre-tax profit over equity plus borrowings
Debt to equity
0.05×
283 cr borrowed against 5,895 cr of equity
Net debt
1,110 cr
cash exceeds borrowings
Cash conversion
311%
operating cash flow as a share of profit
Receivable days
134
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · AGM / EGM filings were typically +0.17pt vs the market over the next 5 sessions (n=8,423)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue rose in 2 of the last 3 quarters
Going against it
net margin narrowed from 8.5% to 2.7%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
30 Jun · consolidated
737
38
20
0.17
2.7%
Q4 FY26
31 Mar · consolidated
701
68
59
0.52
8.5%
Q3 FY26
31 Dec · consolidated
744
63
42
0.38
5.7%
Q2 FY26
30 Sep · consolidated
650
11
6
0.06
0.9%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+10.5%
Versus 200-day average-4.8%
Below 52-week high-31.0%
Above 52-week low+25.5%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)64.8
Higher closes in last 53 of 5
Six-month return+0.99%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)4.16%
Volume versus 20-day0.8x
Median daily turnoverRs 268.3 cr
Peers
Financial Services · 119 classified companies
PINELABS trades at 157.0× trailing earnings against an industry median of 18.2× across 101 other classified companies in its industry — more expensive than them, by 764%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.