The fintech company Pine Labs’ shares were sold in a bulk deal by an earlier shareholder. On June 19, Actis Pine Labs Investment Holdings sold 98.28 lakh shares, which make up 0.86% of the total market capitalisation. The company sold at an average price of Rs 154.25 a share, amounting to a total investment of Rs 151.6 crore.
In March 2018, Actis announced an investment in Pine Labs, India’s largest digital retail payments platform and invested $82 million. Actis Pine Labs Investment Holdings Limited is a special-purpose investment entity based in Mauritius, set up by the UK-based private equity firm Actis to hold and manage its shares in the Indian fintech giant Pine Labs.
Pine Labs share price performance
Pine Labs shares remained unchanged in the last five trading sessions. The stock has given a return of 7% in the past one month. However, the stock has dipped more than 34% in the last six months. Pine Labs’ stock performance has dropped 39% over the previous 12 months.
Pine Labs Q4FY26
The company reported a consolidated net profit of Rs 59 crore in Q4FY26 as against a net loss of Rs 29 crore in the same period a year ago.
Its revenue from operations in the fourth quarter of FY26 was up 17% to Rs 701 crore compared to Rs 599 crore posted in the corresponding quarter of the last fiscal.
For the whole of FY26, the revenue came in at Rs 2,711 crore compared to Rs 2,274, rising 19%. Its net profit surged to Rs 113 crore in FY26 as against a loss of Rs 145 crore in FY25.
About Pine Labs
Pine Labs is an Indian multinational fintech company that provides merchant commerce solutions, including point-of-sale (POS) systems, payment processing, and lending services. Primarily used by retailers and large brands, their technology enables businesses to accept digital payments, offer instant EMIs, and manage customer loyalty programs.
The company is widely known for its Android-based swipe machines (POS terminals) that allow merchants to accept cards, UPI, mobile wallets, and contactless payments.