What is the Corporate Identification Number (CIN) of Pine Labs Private Limited?

Pine Labs Private Limited's Corporate Identification Number (CIN) is U67100DL1998PTC093878.

What is the latest revenue of Pine Labs Private Limited?

Pine Labs Private Limited generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2024, reflecting a 1-year revenue CAGR of 4% and an EBITDA CAGR of -221%. The company is currently audited by BSR & Co. LLP.

What is the latest employee count at Pine Labs Private Limited?

As of Apr 01, 2026, the latest employee count at Pine Labs Private Limited is 4,229, reflecting a 21% year-over-year growth in headcount.

Pine Labs Private Limited - 2026 Company Profile, Financials & Shareholding

Name: Pine Labs Private Limited
Brand: Pine Labs Private Limited
Price: 3.99 USD

Pine Labs Private Limited is a Private Limited Company in India. It is registered at Registrar of Companies, ROC Delhi. Its corporate identification number is (CIN) U67100DL1998PTC093878 and its current status is Active. It has 31 GST numbers registered across 28 states. These include 37AACCP7457K1ZW in Andhra Pradesh (active) and 18AACCP7457K1ZW in Assam (active). As of Sep, 2026, 29 of these GST numbers are active and 2 are inactive. Its industry classification as per MCA is activities Auxiliary To Financial Intermediation, Except Insurance And Pension Funding.[This Group Includes Activities Involved In Or Closely Related To Financial Inter-Mediation Other Than Insurance And Pension Funding But Not Themselves Involving Financial Inter-Mediation]. It had a team size of 4229 employees as on Apr 01, 2026.

Pine Labs Private Limited's authorised share capital is ₹14.3Cr and its paid up capital is ₹12.9Cr.

Pine Labs Private Limited generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2024.

Key Metrics

CIN

U67100DL1998PTC093878

Location

India

Current Status

Active

Entity Type

Private Limited Company

Registrar of Companies

ROC - Delhi

Latest Revenue

₹1,000+ Cr as on Mar 31, 2024

Latest Employee Count

4,229 as on Apr 01, 2026

Authorized Capital

₹14.3Cr

Paid Up Capital

₹12.9Cr

There are 2 brands associated with Pine Labs Private Limited which includes QwikCilver and Fave India .

Name	Short Description	Founded Year	Location	Current Stage
QwikCilver	Provider of gift card and store value card-based solutions for businesses	2008	India	Acquired
Fave India	Online platform offering rewards and cashback on multi-category products and services	2014	India	Unfunded

View more details on Pine Labs Private Limited's profile

Here is the list of auditors of Pine Labs Private Limited:

Name	Status	Appointment Date	Cessation Date
BSR & Co. LLP	kfovnwy	{crruze	zr{uptg

Recent Filings

Below are the most recent filings submitted by the company:

Document Name	Category	Filing Date
Form AOC-4(XBRL)-09102024_signed.pdf	Annual Returns and Balance Sheet eForms	Oct 09, 2024
Form AOC-4(XBRL)-27122022	Annual Returns and Balance Sheet eForms	Dec 27, 2022
Form AOC-4(XBRL)-10032022_signed.pdf	Annual Returns and Balance Sheet eForms	Mar 10, 2022
Form AOC-4(XBRL)-14022021_signed.pdf	Annual Returns and Balance Sheet eForms	Feb 14, 2021
xml(1)_1576587449868.pdf	Annual Returns and Balance Sheet eForms	Sep 03, 2019
Form AOC-4(XBRL)-26102018_signed.pdf	Annual Returns and Balance Sheet eForms	Oct 26, 2018
Form AOC-4(XBRL)-08122017_signed.pdf	Annual Returns and Balance Sheet eForms	Dec 08, 2017
Pine_Labs_1540363715853.pdf	Annual Returns and Balance Sheet eForms	Mar 31, 2017
XBRLdocumentinrespectoffinancialstatement27-12-2015forthefinancialyearendingon31-03-2015_1564750355950.pdf	Annual Returns and Balance Sheet eForms	Sep 15, 2015
bs_1564746688002.pdf	Annual Returns and Balance Sheet eForms	May 11, 2011

To access all company documents and filings with a single purchase, Buy Financials and Company Filings 15 mins

Pine Labs Private Limited generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2024. The revenue of Pine Labs Private Limited has a compounded annual growth rate (CAGR) of 4% in the last 1 year.

Financial Statement Summary

Metrics	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Income Statement
Revenue	3097	7638	9817	1701	4434
Total Sales	4023	4371	2878	8547	5142
Total Expenses	4698	3185	1440	9385	2884
Operating Expenses	7657	8434	7243	7258	9591
Employee Expenses	9794	2610	5029	7023	8871
Marketing Expenses	7466	5584	5789	1471	8101
Operating Income (EBIT)	8959	8770	3705	7148	3666
Interest Expenses	9000	2435	4074	4831	3622
Expenses from other activities	1313	5792	5959	7137	6187
EBITDA	2214	1858	7870	3901	6411
Taxes	3405	9473	9702	7208	2000
Net Profit	8292	5468	8851	6598	2648
Balance Sheet
Assets	3559	7182	3996	2843	7492
Cash Equivalent	1777	2476	4611	5416	3525
Accounts Receivables	8080	8596	4920	6020	6356
Inventory	1410	8648	2917	3264	9326
Liabilities	3419	8216	9056	7751	5596
Total Debt	2978	8900	8136	8316	8854
Accounts Payable	5093	5651	8178	6747	3661
Equities	8150	4727	6139	5198	7263
Cashflow Statement
Cash from Operating activities	7906	6802	3000	5636	1586
Cash from Investing activities	7082	3597	4370	8750	5226
Net cash from Financing activities	1982	7124	8397	3208	3174

To access detailed financial performance and data, Buy Financial Report 15 mins

Ratios

Metrics	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Profitability Ratios
EBITDA Margin	8215	9723	9745	8349	8221
EBIT Margin	5194	1746	2043	9294	6668
Net Profit Margin	7163	7656	1447	5417	4197
Return on Assets (ROA)	3878	3942	3344	1863	3036
Return on Equity (ROE)	4592	3196	9281	3437	5751
Return on Capital Employed	6824	1777	6532	9212	9348
Return on Invested Capital	1215	5175	8389	1913	7406
Efficiency Ratios
Asset Turnover	9602	2257	5728	5640	4440
Receivables Turnover	1744	3405	1240	3940	1170
Days Sales Outstanding	5454	1935	4608	5533	8419
Inventory Turnover	3882	7263	6595	8822	4138
Days Inventory Outstanding	3650	8367	4306	8708	6208
Payables Turnover	9494	1841	8499	9891	5032
Days Payables Outstanding	7030	1510	3691	8229	1483
Liquidity Ratios
Current Ratio	5496	1802	1477	3741	8130
Quick Ratio	8099	5931	9884	4118	3244
Cash Ratio	3969	4934	6529	4044	9931
Coverage Ratios
Cash Flow Coverage Ratio	4436	2482	2702	7742	9363
Debt Ratios
Debt-to-Equity Ratio	1130	1713	2724	9283	1250
Debt Ratio	9258	5063	7882	7986	9343
Net Debt	1957	3203	5701	9468	5697
Interest Coverage Ratio	8748	3891	1443	9732	6477
Debt Service Coverage Ratio	6727	6089	3783	8509	5316
Net Debt/EBITDA	3910	2981	4041	5013	9870
Growth Ratios
Revenue Growth Rate (CAGR)	8453	7904	7318	4755	9830
Earnings Growth Rate (CAGR)	4407	1376	6883	1865	4962

To access detailed financial performance and data, Buy Financial Report 15 mins

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Compounded Annual Growth Rate of Pine Labs Private Limited

Revenue CAGR	Growth
1 Year	4%
3 Year	781
5 Year	287

EBITDA CAGR	Growth
1 Year	-221%
3 Year	114
5 Year	135

Disclaimer

There are 1 delayed MSME payments recorded for Pine Labs Private Limited during Oct 2022 - Mar 2023.

Here are the details of MSME payment delays for this period:

Supplier Name	Supplier PAN	Amount Due	Due since
Unthinkable Solutions LLP	2071	8188	9795

To access detailed supplier-wise and period-wise MSME payment delay information, Buy Detailed Report

Founders own 7.49%, Funds (largest shareholder) own 60.21%, Angels own 0.88% and Enterprises own 14.03%. The net worth of Pine Labs Private Limited's founders is INR 31.6Cr as of Jul 20, 2016.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	7.49%	31.6Cr	1744033	4668053	7519482	7237412
Kumar Sudarsan	5019	4827	6290	8043	9644	8474
Bhaskar Vasudevan	1	2	7	2	7	8
T P Pratap	0	0	0	0	0	0
Fund	60.21%	254Cr	5274590	3184249	8979784	9531226
Helion Venture Partners	1951869	9864921	5423532	1142373	6152972	7245674
Accel	4780702	2980337	8516607	4501175	4696545	8521594
Sistema	495025	397931	627841	170971	671588	896482
Angel	0.88%	3.73Cr	0	0	0	0
Ramana Yugandhar Mulpury	0	0	0	0	0	0
Subramaniam Subramaniam	0	0	0	0	0	0
Enterprise	14.03%	59.2Cr	7717247	9180649	6792483	1129811
Other People	4.55%	19.1Cr	4343	3215	7473	5664
ESOP Pool	12.86%	54.3Cr	9511939	6358388	5135753	5259952
Total	100.00%	422Cr	6024526	3627483	5007648	4237593

To access the complete ownership breakdown, Buy Cap Tables

Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Pine Labs Private Limited has an employee count of 4229 as on Apr 01, 2026.

Employee count trend for Pine Labs Private Limited

Date	Employee Count
Apr 26	4229
Mar 26	947
Feb 26	131
Jan 26	919
Dec 25	142
Nov 25	388
Oct 25	619

There are two brands associated with Pine Labs Private Limited, namely QwikCilver and Fave India. Here is the list of the Top 10 competitors of QwikCilver ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	QwikCilver 2008, Bengaluru (India), Acquired	Provider of gift card and store value card-based solutions for businesses	$25.1M	Helion Venture Partners, Accel & 20 others	58/100
2nd	Tillo 2015, Austin (United States), Seed	Employee rewarding platform	$1.12M	Passion Capital, Conviction & 4 others	50/100