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PINELABS

NSEFinancial ServicesCap: ₹17696.53 Cr

Pine Labs Ltd.

-34.82%YTD

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:
  • Sector Prohibition: Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.
  • Impure Revenue: Non-permissible income 14.84% exceeds limit 5.0%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹17696.53 Cr
P/E Ratio
110.3x
P/B Ratio
3.0x
52W High
₹284
52W Low
₹134.73
Div. Yield
0.00%
Shares O/S
115.47 Cr

Where Does the Money Come From?

Revenue breakdown for Pine Labs Ltd.

Core Financial Services OperationsProhibited Core Activity

Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.

85.2%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

14.8%of Total Revenue
About Pine Labs Ltd.

Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.

Interest-Bearing Debt Ratio
3.31%Max: ≤ 33.0%
Cash & Securities Liquidity
19.98%Max: ≤ 33.0%
Impure Revenue Ratio
14.84%Max: ≤ 5.0%
Screening Denominator
Total Assets

Purification & Zakat Calculator

Calculate how much to donate for PINELABS

⚠️ Note: PINELABS is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.