Pine Labs (NSE:PINELABS) ROCE %: 3.31% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:PINELABS Pine Labs Ltd NSE:PINELABS
9 GF Score
Price ₹163.69
! 3 Warning Signs
View Full Analysis

What is Pine Labs ROCE %?

Pine Labs NSE:PINELABS +3.90% 9 ROCE % is 3.31% as of Jun. 2026. GuruFocus rates NSE:PINELABS with a GF Score™ of 9/100. The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Pine Labs's annualized ROCE % for the quarter that ended in Jun. 2026 was 3.31%.


Pine Labs  (NSE:PINELABS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Pine Labs ROCE % Related Terms


Pine Labs ROCE % Historical Data

* Premium members only.

The historical data trend for Pine Labs's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pine Labs ROCE % Chart

Pine Labs Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
-5.94 -8.19 -1.50 4.48

Pine Labs Quarterly Data
Mar23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
ROCE % Get a 7-Day Free Trial Premium Member Only -0.07 1.75 9.15 5.59 3.31
NSE:PINELABS
9GF Score
Pine Labs Ltd NSE:PINELABS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pine Labs ROCE % Calculation

Pine Labs's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2214.1/( ( (107157.37 - 69538.52) + (132969.6 - 71841.2) )/ 2 )
=2214.1/( (37618.85+61128.4)/ 2 )
=2214.1/49373.625
=4.48 %

Pine Labs's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=2021.6/( ( (132969.6 - 71841.2) + (0 - 0) )/ 1 )
=2021.6/( ( 61128.4 + 0 )/ 1 )
=2021.6/61128.4
=3.31 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 3.31% mean?
Pine Labs (NSE:PINELABS) has a ROCE % of 3.31% as of Jun. 2026.
Is Pine Labs' ROCE % too high?
Pine Labs' current ROCE % is 3.31%. The Software industry median ROCE % is 5.69. Pine Labs' value of 3.31% is 41.8% below this industry median. Overall, Pine Labs has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Pine Labs' ROCE % compare to MSFT and ORCL?
Pine Labs' ROCE % of 3.31% can be compared against companies in the Software industry. The industry median ROCE % is 5.69. Pine Labs' value of 3.31% is 41.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Software company?
The median ROCE % among Software companies is 5.69, based on 2,725 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pine Labs's current ROCE % of 3.31% is 41.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pine Labs's current ROCE % is 3.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pine Labs stock overvalued right now?
Pine Labs (NSE:PINELABS) has a current ROCE % of 3.31%. The current ROCE % is 3.31% and 41.8% below the Software industry median of 5.69. Pine Labs' overall GF Score™ is 9/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Pine Labs (NSE:PINELABS), the current ROCE % is 3.31% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pine Labs Business Description

Other Exchanges 544606:India
Address Tower 6, Plot No. B2, Candor Techspace, 4th & 5th Floor, Sector 62, Noida, UP, IND, 201 301
Pine Labs Ltd is a technology company digitizing commerce for merchants, brands, enterprises, and financial institutions. It operates two segments: Digital Infrastructure and Transaction Platform, which contributes the majority of its revenue through in-store and online payments, affordability, value-added services, and transaction processing; and Issuing and Acquiring Platform, providing prepaid, loyalty, rewards, and card issuing and acquiring solutions. Its offerings include UPI and payment gateway services, gift cards, card management, and fintech infrastructure. Pine Labs serves banks, corporates, government, fintech, e-commerce, and startups across multiple industries, enabling customer acquisition, onboarding, expense management, rewards, refunds, and embedded bill payments.
9GF Score

Get the complete analysis for NSE:PINELABS

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹163.69
Price