Pine Labs Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Pine Labs Limited's yearly results (2023–2026), compared with Technology companies in India. Tap ? on any ratio for what it means.
What stands out
- Cash Locked Ratio: Money owed to suppliers is larger than money owed by customers plus stock: ₹13 per ₹100 of sales comes from others' credit, against ₹37 from others' credit three years earlier. Less money tied up than 96% of Technology companies in India.
- Growth Efficiency Ratio: Sales grew 77% in 3 years; of every extra ₹100 of sales, ₹36 became extra profit. Higher than 89% of Technology companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
0.3×Over the last 3 years its own operating cash paid for 33% of its investment spending (capex); the rest came from other sources such as borrowing, cash reserves or new shares.
Lower than 73% of Technology companies in India.
Cash Locked Ratio
−₹13Money owed to suppliers is larger than money owed by customers plus stock: ₹13 per ₹100 of sales comes from others' credit, against ₹37 from others' credit three years earlier.
Less money tied up than 96% of Technology companies in India.
Growth quality
Steadiness Ratio
3/3 · 2/3Sales grew in 3 of the last 3 years; profit grew in 2 of 3.
Steadier than 52% of Technology companies in India.
Growth Efficiency Ratio
₹36Sales grew 77% in 3 years; of every extra ₹100 of sales, ₹36 became extra profit.
Higher than 89% of Technology companies in India.
Asset Productivity Ratio
+77% / +42%In 3 years sales changed by +77% while total assets changed by +42%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
1.4×Debt due within a year is covered 1.4 times by its yearly operating cash.
Higher than 55% of Technology companies in India.
Cash Cushion Ratio
+12%Cash, after subtracting all debt, equals 12% of its market value (net cash).
Higher than 84% of Technology companies in India.
Tangible Assets Ratio
89%Of every ₹100 the company owns, ₹89 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 62% of Technology companies in India.
Tangible Net Worth Ratio
74%Of every ₹100 of net worth, ₹74 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 69% of Technology companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Pine Labs Limited owes ₹0.56 for every ₹1 it owns. Pine Labs Limited returned to profit in the year to Mar 2026, after a loss the year before.
Compared with Technology companies in India · latest annual results Mar 2026.
P/E ratio
145.6Investors pay ₹145.6 for every ₹1 of Pine Labs Limited's yearly profit, higher than 95% of Technology companies in India.
P/B ratio
3.16The share price is 3.16 times Pine Labs Limited's book value per share, lower than 55% of Technology companies in India.
Market cap
₹18,658 CrThe total market value of all of Pine Labs Limited's shares at today's price (share price × number of shares), larger than 83% of Technology companies in India. PosiCap size class: Meso Cap.
Net worth (book value)
₹5,895 CrWhat Pine Labs Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹51.05Net worth divided by the number of shares. The share price of ₹161.58 is 3.2 times this, which is the P/B above.
Return on equity (ROE)
2.1%Pine Labs Limited earned 2.1% on its shareholders' money over the last year, lower than 88% of Technology companies in India.
Owes vs Owns
0.56×Pine Labs Limited owes ₹0.56 for every ₹1 it owns (moderate), higher than 80% of Technology companies in India.
Dividend yield
NonePine Labs Limited does not currently pay a dividend.
Revenue growth
+26%Revenue rose 26% in the year to Mar 2026, and grew 21% a year on average over 3 years.
Profit growth
Back to profitPine Labs Limited returned to profit in the year to Mar 2026, after a loss the year before.
Profit margin
4.7%Pine Labs Limited keeps ₹5 of every ₹100 of revenue as net profit.
Cash quality
3.5×Cash from Pine Labs Limited's business was 3.5× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
Not coveredPine Labs Limited's operating profit did not cover its interest costs in the year to Mar 2026.
Cash vs debt
Net cashPine Labs Limited held ₹2,216 Cr more cash than debt (net cash) at Mar 2026.
Questions
What is Pine Labs Limited's P/E ratio?
Investors pay ₹145.6 for every ₹1 of Pine Labs Limited's yearly profit, higher than 95% of Technology companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Pine Labs Limited: ₹18,658 Cr ÷ ₹5,895 Cr (31 Mar 2026) = 3.2.
What is Pine Labs Limited's return on equity?
Pine Labs Limited earned 2.1% on its shareholders' money over the last year, lower than 88% of Technology companies in India.
How much does Pine Labs Limited owe compared with what it owns?
Pine Labs Limited owes ₹0.56 for every ₹1 it owns (moderate), higher than 80% of Technology companies in India.
Does Pine Labs Limited pay a dividend?
No. Pine Labs Limited does not currently pay a dividend.
Is Pine Labs Limited's revenue growing?
Revenue rose 26% in the year to Mar 2026, and grew 21% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.