Pine Labs Ltd
Pine Labs Limited, a technology company, provides digital payments and issuing solutions for merchants, consumer brands and enterprises, and financial institutions in India, Malaysia, the United Arab Emirates, Singapore, Australia, the United States, and Africa. It operates through Digital Infrastructure and Transaction Platform, and Issuing and Acquiring Platform segments. The Digital Infrastruc… Read more
Pine Labs Ltd (PINELABS) - Net Assets
Latest net assets as of June 2025: ₹35.66 Billion INR
Based on the latest financial reports, Pine Labs Ltd (PINELABS) has net assets worth ₹35.66 Billion INR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹109.04 Billion) and total liabilities (₹73.39 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹35.66 Billion |
| % of Total Assets | 32.7% |
| Annual Growth Rate | -3.16% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.13 |
Pine Labs Ltd - Net Assets Trend (2023–2025)
This chart illustrates how Pine Labs Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pine Labs Ltd (2023–2025)
The table below shows the annual net assets of Pine Labs Ltd from 2023 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹35.06 Billion | -1.01% |
| 2024-03-31 | ₹35.42 Billion | -5.27% |
| 2023-03-31 | ₹37.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pine Labs Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 476642000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₹85.09 Billion | 242.68% |
| Total Equity | ₹35.06 Billion | 100.00% |
Pine Labs Ltd Competitors by Market Cap
The table below lists competitors of Pine Labs Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
abrdn Asia Pacific Income Fund VCC
TO:FAP
|
$17.13K |
|
199150
KO:199150
|
$17.14K |
|
Sincere Security Corp. Ltd.
TWO:6721
|
$17.15K |
|
Longterm Games S.A.
WAR:LTM
|
$17.19K |
|
J&B International Inc.
TWO:4442
|
$17.09K |
|
Bharat Seats Limited
NSE:BHARATSE
|
$17.08K |
|
Columbus Circle Capital Corp I Warrant
NASDAQ:CCCMW
|
$17.05K |
|
CENTAMIN NPV (7CT.SG)
STU:7CT
|
$17.03K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pine Labs Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 35,419,310,000 to 35,061,500,000, a change of -357,810,000 (-1.0%).
- Net loss of 1,454,870,000 reduced equity.
- New share issuances of 156,320,000 increased equity.
- Other factors increased equity by 940,740,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-1.45 Billion | -4.15% |
| Share Issuances | ₹156.32 Million | +0.45% |
| Other Changes | ₹940.74 Million | +2.68% |
| Total Change | ₹- | -1.01% |
Book Value vs Market Value Analysis
This analysis compares Pine Labs Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.26x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 4.93x to 5.26x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-03-31 | ₹32.56 | ₹160.63 | x |
| 2024-03-31 | ₹30.85 | ₹160.63 | x |
| 2025-03-31 | ₹30.53 | ₹160.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pine Labs Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.64%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 3.06x
- Recent ROE (-4.15%) is above the historical average (-6.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -7.09% | -19.59% | 0.14x | 2.50x | ₹-6.39 Billion |
| 2024 | -9.65% | -23.86% | 0.15x | 2.72x | ₹-6.96 Billion |
| 2025 | -4.15% | -7.64% | 0.18x | 3.06x | ₹-4.96 Billion |
Industry Comparison
This section compares Pine Labs Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $7,350,981,326
- Average return on equity (ROE) among peers: -45.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pine Labs Ltd (PINELABS) | ₹35.66 Billion | -7.09% | 2.06x | $17.10K |
| AGS Transact Technologies Limited (AGSTRA) | $5.35 Billion | 6.91% | 3.27x | $3.03 Million |
| Aurionpro Solutions Limited (AURIONPRO) | $4.84 Billion | -29.69% | 0.70x | $235.28 Million |
| AVENUESAI LTD (CCAVENUE) | $31.66 Billion | 4.41% | 0.30x | $188.25 Million |
| E2E Networks Limited (E2E) | $243.78 Million | -38.37% | 0.16x | $193.79 Million |
| Infibeam Avenues Limited (INFIBEAM) | $23.04 Million | -470.01% | 31.27x | $313.70 Million |
| Intense Technologies Limited (INTENTECH) | $1.29 Billion | 12.13% | 0.18x | $15.31 Million |
| KPIT Technologies Limited (KPITTECH) | $13.25 Billion | 20.70% | 0.76x | $1.23 Billion |
| C.E. Info Systems Limited (MAPMYINDIA) | $2.98 Billion | 8.49% | 0.20x | $169.34 Million |
| MOBIKWIK (MOBIKWIK) | $1.63 Billion | 8.66% | 4.26x | $19.27K |
| Newgen Software Technologies Limited (NEWGEN) | $12.24 Billion | 20.56% | 0.38x | $287.80 Million |