Pine Labs Key Ratios
NSE: PINELABS | BSE: 544606
₹165.07
As on 28-Aug-2026IST
Market cap
₹19,050 Cr
Revenue (TTM)
₹2,832 Cr
P/E Ratio
149.7
P/B Ratio
3.2
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 5.20 | 19.65 | 19.59 | 19.27 | 33.05 |
| EBIT | -39.25 | 205.16 | 274.57 | 31.69 | 24.87 |
| Net Profit | -62.09 | 308.56 | 276.73 | 34.34 | 32.05 |
| EPS | -67.19 | 58.36 | 100.10 | 26.00 | 27.39 |
| Book Value | -- | -- | -99.85 | -88.63 | 27.19 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| -5.00 | -9.88 | 4.61 | 3.26 | -3.25 |
| Net Margin
| -1.62 | -7.82 | 4.31 | 3.95 | -6.25 |
| Return on equity
| -1.65 | -4.93 | 2.66 | 2.42 | -4.50 |
| Return on Capital
| 0.03 | -3.28 | -- | 4.21 | -1.37 |
| Return on Assets
| -0.31 | -1.60 | 1.92 | 0.95 | -1.45 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.05 | 0.24 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
--
|
4.21
|
-1.37
|
-8.18
|
-8.16
|
|
Peer Median
|
--
|
13.84
|
33.42
|
6.15
|
--
|
ROE
2.66
Lower than Peers by 6.89
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
2.66
|
2.42
|
-4.50
|
-10.68
|
-10.38
|
|
Peer Median
|
9.55
|
13.75
|
29.53
|
5.94
|
--
|
ROA
1.92
Lower than Peers by 5.56
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
1.92
|
0.95
|
-1.45
|
-3.65
|
-3.44
|
|
Peer Median
|
7.48
|
5.92
|
14.15
|
3.68
|
--
|
EBIT Margin
4.61
Lower than Peers by 5.51
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
4.61
|
3.26
|
-3.25
|
-21.91
|
-19.47
|
|
Peer Median
|
10.12
|
22.48
|
43.66
|
18.00
|
--
|
Net Margin
4.31
Lower than Peers by 10.08
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
4.31
|
3.95
|
-6.25
|
-18.74
|
-15.67
|
|
Peer Median
|
14.39
|
8.19
|
20.52
|
4.26
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
--
|
14.12
|
6.45
|
1.18
|
3.12
|
|
Peer Median
|
--
|
--
|
--
|
0.00
|
--
|
Revenue Growth
19.59
Higher than Peers by 4.10
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
19.59
|
19.19
|
28.52
|
10.76
|
71.06
|
|
Peer Median
|
15.49
|
78.67
|
26.89
|
62.18
|
--
|
EBIT Growth
274.57
Higher than Peers by 263.55
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
274.57
|
219.46
|
80.92
|
-24.64
|
-315.98
|
|
Peer Median
|
11.02
|
80.05
|
24.31
|
283.80
|
--
|
Net Profit Growth
276.73
Higher than Peers by 264.05
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
276.73
|
177.33
|
57.45
|
-28.95
|
-1,072.27
|
|
Peer Median
|
12.68
|
74.42
|
46.08
|
370.97
|
--
|
EPS Growth
100.10
Higher than Peers by 93.04
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
100.10
|
100.07
|
59.15
|
-28.95
|
--
|
|
Peer Median
|
7.06
|
28.95
|
39.01
|
340.00
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
--
|
73.21
|
11.39
|
-8.77
|
90.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.00
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
0.00
|
0.05
|
0.24
|
0.17
|
0.10
|
|
Peer Median
|
--
|
0.04
|
0.02
|
0.00
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
--
|
0.05
|
0.22
|
0.12
|
0.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.52
Lower than Peers by 4.34
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
1.52
|
1.51
|
1.19
|
1.23
|
1.31
|
|
Peer Median
|
5.86
|
2.59
|
2.18
|
2.43
|
--
|
Quick Ratio
1.51
Lower than Peers by 4.35
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
1.51
|
1.51
|
1.18
|
1.22
|
1.30
|
|
Peer Median
|
5.86
|
6.42
|
10.80
|
4.92
|
--
|
Interest Coverage
3.38
Lower than Peers by 46.78
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
3.38
|
2.63
|
-0.73
|
-5.17
|
-7.10
|
|
Peer Median
|
50.16
|
4.60
|
71.44
|
58.83
|
--
|
Operating Efficiency
Debtors to sales
36.80
Higher than Peers by 33.18
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
36.80
|
38.45
|
37.15
|
36.85
|
36.89
|
|
Peer Median
|
3.62
|
28.81
|
17.29
|
15.15
|
--
|
Asset Turnover
0.43
Lower than Peers by 0.28
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
0.43
|
0.23
|
0.23
|
0.19
|
0.21
|
|
Peer Median
|
0.71
|
0.97
|
0.97
|
0.78
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
--
|
127.05
|
120.12
|
128.03
|
101.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
--
|
4.17
|
4.66
|
7.00
|
5.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
--
|
460.56
|
595.79
|
882.80
|
939.35
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
--
|
-329.34
|
-471.00
|
-747.77
|
-831.91
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
149.66
Higher than Peers by 109.76
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
149.66
|
159.06
|
--
|
--
|
--
|
|
Peer Median
|
39.90
|
59.65
|
34.35
|
77.27
|
--
|
Price / Book Value
3.22
Lower than Peers by 2.32
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
3.22
|
3.04
|
--
|
--
|
--
|
|
Peer Median
|
5.54
|
4.00
|
7.62
|
13.06
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
0.08
|
--
|
EV/EBITDA
20.68
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
20.68
|
20.11
|
-19.18
|
-158.51
|
-48.81
|
|
Peer Median
|
--
|
31.38
|
47.74
|
51.79
|
--
|
Market Cap
19,050
Higher than Peers by 14,591
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Pine Labs
|
19,050
|
17,896
|
--
|
--
|
--
|
|
Peer Median
|
4,460
|
4,933
|
3,745
|
2,493
|
--
|