Pine Labs Limited — Q4FY26 earnings call summary

Filed 01 June 2026 · Official transcript

FY26 revenue grew 19%, adjusted EBITDA Rs.559 Cr with 500 bps margin improvement
FY27 revenue guidance at 21-23.5% growth; EBITDA expected to improve significantly
Contribution margin stable around 74-75%, minor 2-3% variance expected due to new business mix
Operating cash flow Rs.676 Cr in Q4; full year Rs.395 Cr, expected to improve in FY27
Digital infra business has 2 million touch points; online business grew 60% y-y
Affordability business expanding with more NBFC partners; new employee benefits program launching
International markets growing with dollar revenues; stable coin prepaid card platform launching
AI used for 89% of new code, improving efficiency and product innovation