Manipal Payment and Identity Solutions Limited (NSE: MPIMANIPAL) and Pine Labs Limited (NSE: PINELABS) are both listed in the Transaction and Payment Processing Services industry. Manipal Payment and Identity Solutions has a market capitalisation of ₹7,108 Cr and Pine Labs ₹18,188 Cr, as of 9 Nov 2026. Their P/E ratios are 27.2 and 154.5 respectively.
| Metric | Manipal Payment and Identity Solutions | Pine Labs |
|---|---|---|
| NSE Symbol | MPIMANIPAL | PINELABS |
| BSE Code | 544916 | 544606 |
| Share Price | ₹312.05 | ₹161.40 |
| Market Cap | ₹7,108 Cr | ₹18,188 Cr |
| P/E Ratio | 27.2 | 154.5 |
| Return on Equity | — | 1.91% |
| Return on Assets | 17.98% | 0.45% |
| Beta (1Y) | 1.69 | 0.67 |
| 3-Month Price Change | — | -0.3% |
| 52-Week Range | ₹294.70 – ₹458.00 | ₹134.73 – ₹284.00 |
| Latest Quarter | Q2 FY27 | Q2 FY27 |
| Quarterly Revenue | ₹430 Cr | ₹806 Cr |
| Quarterly Net Profit | ₹81 Cr | ₹39 Cr |
| Net Margin | 18.8% | 4.8% |
| EPS (Basic, Quarter) | ₹3.63 | ₹0.33 |
| Results Basis | consolidated | consolidated |
| Headquarters | Manipal, Karnataka | Gurugram, Haryana |
The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.
Manipal Payment and Identity Solutions Limited operates as a smart card manufacturer. It provides payments, identifications, secure, smart tagging, and Internet of Things solutions to banks, fintechs, non-banking finance companies, and governments across domestic and international jurisdictions. The company offers various payment solutions, such as payment cards, cheque solutions, near-field communication/quick response (QR) codes, payment-enabled wearables, and digital automation solutions; identification solutions that include driving licenses, registration certificates, national identity ca…
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 Infrastructure and Transaction Platform segment provides technology platforms under the brand name of Pinelabs, Mosambee, Benow, Setu, Qfix, and Fave to merchants that enables acceptance of instore or online dig…
Pine Labs has a market capitalisation of ₹18,188 Cr, against ₹7,108 Cr for Manipal Payment and Identity Solutions as of 9 Nov 2026, about 2.6 times the size by market cap.
Manipal Payment and Identity Solutions has a P/E of 27.2 and Pine Labs a P/E of 154.5 as of 9 Nov 2026.
Manipal Payment and Identity Solutions reported revenue of ₹430 Cr and net profit of ₹81 Cr for Q2 FY27. Pine Labs reported revenue of ₹806 Cr and net profit of ₹39 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.
Both are classified under Financial Services > Payment Platform > Transaction and Payment Processing Services on FinBizNet.
No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.
Data as of 9 Nov 2026. Descriptive market data only — not investment advice.