About Fave India
Fave India is a publicly listed company based in India founded in 2014. Online platform offering rewards and cashback on multi-category products and services. The company has 3,305 employees. Its Indian entity Pine Labs Limited. reported revenue of ₹2,847 Cr. Fave India offers products and services including Fave App, Fave Gift Cards, and UPI Payment Service. Its focus areas include Coupons and Deals, Rewards & Cashback, Online and Horizontal.
Company details
Fave India was established in 2014 as an online platform based in India. Operations focus on providing cashback and rewards for purchases across diverse categories, including products and services. The platform, accessible via myfave.in, supports transactions in various sectors such as retail and e-commerce. Geographic coverage is centered in India, with services tailored to local users for reward accumulation and redemption.
- Market Cap₹20,312 Cr
PINELABS · NSE
- Share Price₹176.44
+0.31% today
- Revenue₹2,711 Cr
FY 2025-26 · +19.2% YoY
- EBITDA₹355 Cr
Margin 13.1%
- Net Profit₹115 Cr
FY 2025-26 · +200.5% YoY
- P/E (TTM)118.5x
P/B 3.2x
- ROE2.3%
ROCE 3.9%
- Debt / Equity0.15
Interest cover 99.2x
- Employee Count3,305
Associated legal entities of Fave India
Fave India is associated with 2 registered companies on The Company Check; the primary company is Pine Labs Limited., a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pine Labs Limited. Listed CIN L67100HR1998PLC113312 | Active | 18 May 1998 | Gurgaon, Haryana | ₹2,847 Cr | 3,346 | 9 | View details |
| Pine Labs Private Limited CIN U67100HR1998PLC113312 | Active | 18 May 1998 | Gurgaon, Haryana, India | View details |
Products & Services of Fave India
Fave India offers a comprehensive portfolio of products and services, including Fave App, Fave Gift Cards, and UPI Payment Service.
App for UPI payments and earning cashback on shopping.
Digital cards for discounts on brands and in-store redemption.
Enables scanning QR codes for assured savings and rewards.
Apps and channels of Fave India
Fave India publishes 1 mobile app.
Board of directors of Pine Labs Limited. (Fave India)
Pine Labs Limited. is the primary company behind Fave India. The board of Pine Labs Limited. currently have 6 directors; the longest-serving is Kush Mehra, appointed in 2018. 24 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kush Mehra DIN 08154941 | Whole-time director | 29 Sep 2018 | 8 yrs 1 mo | Pine Labs Limited. |
| Bairavarasu Amrish Rau DIN 02008811 | Managing Director | 24 Mar 2025 | 1 yr 7 mo | Pine Labs Limited. |
| Maninder Singh Juneja DIN 02680016 | Director | 24 Mar 2025 | 1 yr 7 mo | Pine Labs Limited. |
| Amrita Gangotra DIN 08333492 | Director | 24 Mar 2025 | 1 yr 7 mo | Pine Labs Limited. |
| Smita Chandramani Kumar DIN 10347292 | Director | 24 Mar 2025 | 1 yr 7 mo | Pine Labs Limited. |
| Shailendra Jit Singh DIN 01930079 | Director | 13 Jun 2025 | 1 yr 5 mo | Pine Labs Limited. |
IPO & Listings of Fave India
Fave India is a publicly listed company on the NSE with ticker symbol PINELABS in India, operating in the IT - Software sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onNSE: PINELABS
- Listed entityPine Labs Limited.
- Exchange sectorIT - Software
Financials of Fave India
Exchange-reported figures of Pine Labs Limited., the listed company behind Fave India (NSE: PINELABS).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,711 | 2,274 | 1,770 | 1,598 | 932 | 670 | 848 |
| Revenue growth | +19.2% | +28.5% | +10.8% | +71.4% | +39.2% | -21.0% | - |
| EBITDA | 355 | 182 | (24.96) | (31.48) | 112 | 110 | 87.08 |
| EBITDA margin | +13.1% | +8.0% | -1.4% | -2.0% | +12.1% | +16.4% | +10.3% |
| Profit before tax | 137 | (136) | (398) | (289) | (74.51) | (74.10) | (67.93) |
| Net profit | 115 | (114) | (343) | (230) | (24.37) | (56.00) | (47.11) |
| Net profit margin | +4.2% | -5.0% | -19.4% | -14.4% | -2.6% | -8.4% | -5.6% |
| EPS (₹) | 0.98 | (1,515.49) | (3,561.49) | (16,571.56) | (1.67) | (4.34) | (3.95) |
| Balance sheet | |||||||
| Total assets | 6,414 | 4,548 | 4,283 | 4,438 | 2,241 | 1,454 | 1,304 |
| Net worth | 5,895 | 3,506 | 3,542 | 3,739 | 1,913 | 1,191 | 1,047 |
| Total debt | 441 | 970 | 654 | 438 | 236 | 191 | 176 |
| Cash & bank | 8,226 | 6,033 | 5,235 | 5,120 | 3,773 | 2,563 | 1,770 |
| Net working capital | 4,011 | 2,091 | 1,765 | 1,755 | 712 | 266 | 93.90 |
| Cash flow | |||||||
| Cash from operations | 395 | 49.72 | (229) | (152) | (78.85) | 111 | 10.57 |
| Cash from investing | (1,339) | (159) | (22.13) | (441) | (443) | (260) | 112 |
| Cash from financing | 1,972 | (201) | (220) | 2.34 | 1,644 | 823 | 1,431 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 806 | 737 | 701 | 744 | 650 | 616 | 599 | 602 |
| Revenue growth (YoY) | +24.1% | +19.7% | +17.0% | +23.7% | +17.8% | +17.9% | - | - |
| Other income | 25.55 | 28.95 | 49.86 | 35.45 | 23.01 | 37.17 | 11.91 | 6.35 |
| EBITDA | 126 | 94.89 | 106 | 120 | 75.29 | 44.65 | 56.60 | 40.34 |
| EBITDA margin | +15.6% | +12.9% | +15.2% | +16.1% | +11.6% | +7.2% | +9.5% | +6.7% |
| Depreciation | 75.92 | 73.30 | 70.89 | 68.13 | 65.87 | 65.24 | 69.20 | 76.25 |
| Interest | 14.21 | 12.81 | 16.95 | 24.49 | 21.27 | 21.42 | 21.52 | 21.66 |
| Profit before tax | 61.37 | 37.73 | 68.41 | 62.55 | 11.16 | (4.84) | (22.21) | (51.22) |
| Tax | 22.80 | 18.16 | 9.05 | 20.16 | 5.19 | (9.63) | 6.70 | 5.45 |
| Net profit | 38.57 | 19.57 | 59.36 | 42.39 | 5.97 | 4.79 | (28.91) | (56.67) |
| EPS (₹) | 0.33 | 0.17 | 0.51 | 0.38 | 0.06 | 0.05 | (0.28) | (0.57) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,926 | 1,597 | 1,333 | 1,281 | 932 | 650 | 664 |
| Revenue growth | +20.6% | +19.8% | +4.1% | +37.4% | +43.4% | -2.2% | - |
| EBITDA | 274 | 177 | 104 | 151 | 112 | 97.70 | 57.88 |
| EBITDA margin | +14.2% | +11.1% | +7.8% | +11.8% | +12.1% | +15.0% | +8.7% |
| Profit before tax | 179 | 36.12 | (240) | (74.67) | (74.46) | (74.08) | (45.57) |
| Net profit | 152 | (2.38) | (189) | (58.74) | (24.32) | (59.18) | (33.15) |
| Net profit margin | +7.9% | -0.2% | -14.1% | -4.6% | -2.6% | -9.1% | -5.0% |
| EPS (₹) | 1.31 | 280.20 | (2.23) | (4.02) | (1.67) | (4.34) | (2.78) |
| Balance sheet | |||||||
| Total assets | 6,785 | 4,849 | 2,688 | 2,643 | 2,241 | 1,455 | 1,262 |
| Net worth | 6,358 | 3,939 | 2,045 | 2,184 | 1,913 | 1,191 | 1,060 |
| Total debt | 371 | 848 | 575 | 390 | 236 | 191 | 147 |
| Cash & bank | 8,071 | 5,899 | 4,838 | 4,417 | 3,773 | 2,563 | 155 |
| Net working capital | 3,683 | 1,974 | 1,136 | 951 | 712 | 266 | 18.53 |
| Cash flow | |||||||
| Cash from operations | 490 | 11.15 | (33.99) | (38.04) | (78.87) | 109 | 99.74 |
| Cash from investing | (1,535) | (161) | (36.95) | (261) | (443) | (256) | (973) |
| Cash from financing | 1,985 | (195) | (79.06) | 935 | 1,644 | 823 | 893 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 607 | 535 | 515 | 548 | 435 | 427 | 416 | 432 |
| Revenue growth (YoY) | +39.6% | +25.2% | +24.0% | +27.1% | +15.3% | +14.6% | - | - |
| Other income | 49.31 | 48.01 | 65.33 | 50.42 | 21.17 | 43.89 | 61.91 | 34.88 |
| Total expenses | 513 | 460 | 426 | 456 | 394 | 390 | 365 | 370 |
| EBITDA | 94.58 | 75.45 | 89.34 | 92.85 | 40.84 | 37.53 | 51.02 | 61.43 |
| EBITDA margin | +15.6% | +14.1% | +17.3% | +16.9% | +9.4% | +8.8% | +12.3% | +14.2% |
| Depreciation | 56.06 | 54.49 | 51.31 | 48.48 | 46.72 | 45.70 | 49.44 | 54.73 |
| Interest | 11.88 | 10.43 | 13.52 | 19.83 | 18.29 | 18.75 | 19.18 | 19.47 |
| Profit before tax | 75.95 | 58.54 | 89.84 | 74.96 | (3.00) | 16.97 | 44.31 | 22.11 |
| Tax | 19.22 | 14.88 | 22.55 | 18.33 | (0.80) | (11.19) | 6.60 | 6.88 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 806 | 737 | 701 | 744 | 650 | 616 | 599 | 602 |
| Revenue growth (YoY) | +24.1% | +19.7% | +17.0% | +23.7% | +17.8% | +17.9% | - | - |
| Other income | 25.55 | 28.95 | 49.86 | 35.45 | 23.01 | 37.17 | 11.91 | 6.35 |
| EBITDA | 126 | 94.89 | 106 | 120 | 75.29 | 44.65 | 56.60 | 40.34 |
| EBITDA margin | +15.6% | +12.9% | +15.2% | +16.1% | +11.6% | +7.2% | +9.5% | +6.7% |
| Depreciation | 75.92 | 73.30 | 70.89 | 68.13 | 65.87 | 65.24 | 69.20 | 76.25 |
| Interest | 14.21 | 12.81 | 16.95 | 24.49 | 21.27 | 21.42 | 21.52 | 21.66 |
| Profit before tax | 61.37 | 37.73 | 68.41 | 62.55 | 11.16 | (4.84) | (22.21) | (51.22) |
| Tax | 22.80 | 18.16 | 9.05 | 20.16 | 5.19 | (9.63) | 6.70 | 5.45 |
| Net profit | 38.57 | 19.57 | 59.36 | 42.39 | 5.97 | 4.79 | (28.91) | (56.67) |
| EPS (₹) | 0.33 | 0.17 | 0.51 | 0.38 | 0.06 | 0.05 | (0.28) | (0.57) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,711 | 2,274 | 1,770 | 1,598 | 932 | 670 | 848 |
| Revenue growth | +19.2% | +28.5% | +10.8% | +71.4% | +39.2% | -21.0% | - |
| Other income | 137 | 52.82 | 54.61 | 92.78 | 25.49 | 13.47 | 17.72 |
| Total expenses | 2,356 | 2,092 | 1,795 | 1,629 | 820 | 560 | 761 |
| Employee cost | 1,069 | 984 | 887 | 895 | 448 | 311 | 283 |
| EBITDA | 355 | 182 | (24.96) | (31.48) | 112 | 110 | 87.08 |
| EBITDA margin | +13.1% | +8.0% | -1.4% | -2.0% | +12.1% | +16.4% | +10.3% |
| Depreciation | 270 | 292 | 363 | 315 | 189 | 175 | 155 |
| Interest | 84.13 | 78.96 | 64.46 | 35.73 | 23.67 | 22.19 | 17.96 |
| Profit before tax | 137 | (136) | (398) | (289) | (74.51) | (74.10) | (67.93) |
| Tax | 24.77 | 9.10 | (55.66) | (24.31) | (51.89) | (18.25) | (20.67) |
| Net profit | 115 | (114) | (343) | (230) | (24.37) | (56.00) | (47.11) |
| Net profit margin | +4.2% | -5.0% | -19.4% | -14.4% | -2.6% | -8.4% | -5.6% |
| EPS (₹) | 0.98 | (1,515.49) | (3,561.49) | (16,571.56) | (1.67) | (4.34) | (3.95) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 115 | 75.48 | 75.48 | 75.40 | 13.53 | 12.87 | 11.98 |
| Reserves & surplus | 5,781 | 3,403 | 3,443 | 3,640 | 1,746 | 1,178 | 1,035 |
| Shareholders' funds (net worth) | 5,895 | 3,506 | 3,542 | 3,739 | 1,913 | 1,191 | 1,047 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 283 | 829 | 533 | 330 | 236 | 189 | 126 |
| Unsecured loans | 158 | 141 | 121 | 109 | 0.32 | 1.50 | 50.69 |
| Total debt | 441 | 970 | 654 | 438 | 236 | 191 | 176 |
| Total liabilities | 6,414 | 4,548 | 4,283 | 4,438 | 2,241 | 1,454 | 1,304 |
| Assets | |||||||
| Gross block | 3,265 | 2,997 | 3,039 | 3,028 | 1,550 | 1,349 | 1,239 |
| Net block | 1,856 | 1,825 | 1,920 | 2,103 | 1,019 | 980 | 1,017 |
| Capital work in progress | 148 | 160 | 222 | 269 | 122 | 47.77 | 52.28 |
| Investments | 27.87 | 30.20 | 21.29 | 17.77 | 49.56 | 34.40 | 40.18 |
| Inventories | 31.85 | 30.10 | 28.00 | 39.87 | 11.76 | 3.55 | 3.27 |
| Sundry debtors | 1,042 | 845 | 652 | 589 | 296 | 360 | 214 |
| Cash & bank balances | 8,226 | 6,033 | 5,235 | 5,120 | 3,773 | 2,563 | 1,770 |
| Loans & advances | 1,584 | 1,333 | 1,185 | 885 | 650 | 451 | 252 |
| Total current assets | 10,884 | 8,241 | 7,100 | 6,634 | 4,732 | 3,378 | 2,239 |
| Total current liabilities | 6,874 | 6,150 | 5,335 | 4,880 | 4,019 | 3,112 | 2,145 |
| Net working capital | 4,011 | 2,091 | 1,765 | 1,755 | 712 | 266 | 93.90 |
| Total assets | 6,414 | 4,548 | 4,283 | 4,438 | 2,241 | 1,454 | 1,304 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 245 | 556 | 1,026 | 1,547 | 2,307 | 1,632 | 78.99 |
| Net cash from operating activities | 395 | 49.72 | (229) | (152) | (78.85) | 111 | 10.57 |
| Net cash from investing activities | (1,339) | (159) | (22.13) | (441) | (443) | (260) | 112 |
| Net cash from financing activities | 1,972 | (201) | (220) | 2.34 | 1,644 | 823 | 1,431 |
| Net change in cash | 1,029 | (310) | (471) | (591) | 1,122 | 674 | 1,554 |
| Closing cash | 8,226 | 6,033 | 5,235 | 5,120 | 3,773 | 2,563 | 1,770 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +19.2% | +28.5% | +10.8% | +71.4% | +39.2% | -21.0% | - |
| EBITDA growth | +95.2% | +828.5% | +20.7% | -128.0% | +2.4% | +26.0% | - |
| PBT growth | +9998.0% | +65.7% | -37.4% | -288.5% | -0.6% | -9.1% | +9997.0% |
| Net income growth | +200.5% | +66.8% | -49.0% | -845.2% | +56.5% | -18.9% | - |
| Revenue CAGR (3Y) | +19.3% | +34.6% | +38.2% | +23.5% | - | - | - |
| EBITDA CAGR (3Y) | - | +17.4% | - | - | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +4.2% | -6.4% | -19.3% | -16.6% | -2.4% | -8.3% | -5.6% |
| Return on capital employed | +3.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +2.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.15 | 0.23 | 0.15 | 0.12 | 0.14 | 0.16 | 0.17 |
| Long-term debt / equity | 0.03 | 0.05 | 0.07 | 0.06 | 0.06 | 0.09 | 0.09 |
| Interest cover | 99.15 | -71.62 | -16.62 | -10.31 | -31.01 | -33.94 | -26.53 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.87 | 0.75 | 0.58 | 0.70 | 0.64 | 0.52 | 0.68 |
| Inventory turnover | 87.51 | 78.29 | 52.15 | 61.89 | 121.79 | 196.46 | 259.24 |
| Debtors turnover | 2.87 | 3.04 | 2.85 | 3.61 | 2.84 | 2.33 | 3.96 |
| EPS (₹) | 0.98 | (1,454.90) | (3,561.49) | (16,571.56) | (1.67) | (4.34) | (3.95) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 51.34 | 34,035.90 | 35,862.74 | 2,27,510.50 | 130.09 | 92.55 | 87.44 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 607 | 535 | 515 | 548 | 435 | 427 | 416 | 432 |
| Revenue growth (YoY) | +39.6% | +25.2% | +24.0% | +27.1% | +15.3% | +14.6% | - | - |
| Other income | 49.31 | 48.01 | 65.33 | 50.42 | 21.17 | 43.89 | 61.91 | 34.88 |
| Total expenses | 513 | 460 | 426 | 456 | 394 | 390 | 365 | 370 |
| EBITDA | 94.58 | 75.45 | 89.34 | 92.85 | 40.84 | 37.53 | 51.02 | 61.43 |
| EBITDA margin | +15.6% | +14.1% | +17.3% | +16.9% | +9.4% | +8.8% | +12.3% | +14.2% |
| Depreciation | 56.06 | 54.49 | 51.31 | 48.48 | 46.72 | 45.70 | 49.44 | 54.73 |
| Interest | 11.88 | 10.43 | 13.52 | 19.83 | 18.29 | 18.75 | 19.18 | 19.47 |
| Profit before tax | 75.95 | 58.54 | 89.84 | 74.96 | (3.00) | 16.97 | 44.31 | 22.11 |
| Tax | 19.22 | 14.88 | 22.55 | 18.33 | (0.80) | (11.19) | 6.60 | 6.88 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,926 | 1,597 | 1,333 | 1,281 | 932 | 650 | 664 |
| Revenue growth | +20.6% | +19.8% | +4.1% | +37.4% | +43.4% | -2.2% | - |
| Other income | 172 | 143 | 41.64 | 46.98 | 25.49 | 33.17 | 14.51 |
| Total expenses | 1,652 | 1,421 | 1,230 | 1,130 | 820 | 552 | 607 |
| Employee cost | 753 | 729 | 625 | 607 | 448 | 306 | 213 |
| EBITDA | 274 | 177 | 104 | 151 | 112 | 97.70 | 57.88 |
| EBITDA margin | +14.2% | +11.1% | +7.8% | +11.8% | +12.1% | +15.0% | +8.7% |
| Depreciation | 197 | 213 | 328 | 239 | 189 | 183 | 102 |
| Interest | 70.39 | 70.50 | 57.62 | 33.53 | 23.67 | 22.16 | 16.06 |
| Profit before tax | 179 | 36.12 | (240) | (74.67) | (74.46) | (74.08) | (45.57) |
| Tax | 28.89 | 8.10 | (53.00) | (18.56) | (51.89) | (18.25) | (12.27) |
| Net profit | 152 | (2.38) | (189) | (58.74) | (24.32) | (59.18) | (33.15) |
| Net profit margin | +7.9% | -0.2% | -14.1% | -4.6% | -2.6% | -9.1% | -5.0% |
| EPS (₹) | 1.31 | 280.20 | (2.23) | (4.02) | (1.67) | (4.34) | (2.78) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 115 | 75.48 | 84.00 | 13.96 | 13.53 | 12.87 | 11.98 |
| Reserves & surplus | 6,243 | 3,836 | 1,961 | 2,171 | 1,747 | 1,178 | 1,048 |
| Shareholders' funds (net worth) | 6,358 | 3,939 | 2,045 | 2,184 | 1,913 | 1,191 | 1,060 |
| Secured loans | 251 | 731 | 477 | 307 | 236 | 189 | 95.89 |
| Unsecured loans | 119 | 118 | 97.91 | 83.03 | 0.32 | 1.50 | 50.69 |
| Total debt | 371 | 848 | 575 | 390 | 236 | 191 | 147 |
| Total liabilities | 6,785 | 4,849 | 2,688 | 2,643 | 2,241 | 1,455 | 1,262 |
| Assets | |||||||
| Gross block | 1,922 | 1,730 | 1,813 | 1,874 | 1,550 | 1,349 | 497 |
| Net block | 977 | 942 | 985 | 1,115 | 1,019 | 980 | 328 |
| Capital work in progress | 82.58 | 134 | 201 | 251 | 122 | 47.77 | 52.28 |
| Investments | 1,746 | 1,420 | 16.39 | 12.78 | 49.57 | 34.41 | 761 |
| Inventories | 19.95 | 15.15 | 22.73 | 20.88 | 11.76 | 3.55 | 3.27 |
| Sundry debtors | 822 | 665 | 504 | 481 | 296 | 360 | 97.62 |
| Cash & bank balances | 8,071 | 5,899 | 4,838 | 4,417 | 3,773 | 2,563 | 155 |
| Loans & advances | 1,463 | 1,324 | 986 | 793 | 650 | 451 | 184 |
| Total current assets | 10,377 | 7,903 | 6,351 | 5,712 | 4,732 | 3,378 | 440 |
| Total current liabilities | 6,694 | 5,929 | 5,215 | 4,761 | 4,019 | 3,112 | 422 |
| Net working capital | 3,683 | 1,974 | 1,136 | 951 | 712 | 266 | 18.53 |
| Total assets | 6,785 | 4,849 | 2,688 | 2,643 | 2,241 | 1,455 | 1,262 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 206 | 551 | 391 | 3,428 | 2,307 | 1,630 | 78.99 |
| Net cash from operating activities | 490 | 11.15 | (33.99) | (38.04) | (78.87) | 109 | 99.74 |
| Net cash from investing activities | (1,535) | (161) | (36.95) | (261) | (443) | (256) | (973) |
| Net cash from financing activities | 1,985 | (195) | (79.06) | 935 | 1,644 | 823 | 893 |
| Net change in cash | 940 | (345) | (150) | 635 | 1,122 | 676 | 19.49 |
| Closing cash | 8,071 | 5,899 | 4,838 | 4,417 | 3,773 | 2,563 | 155 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +20.6% | +19.8% | +4.1% | +37.4% | +43.4% | -2.2% | - |
| EBITDA growth | +54.8% | +70.7% | -31.2% | +34.0% | +15.1% | +68.8% | - |
| PBT growth | +394.9% | +9998.0% | -221.6% | -0.3% | -0.5% | -62.6% | +9997.0% |
| Net income growth | +6465.6% | +98.7% | -220.9% | -141.5% | +58.9% | -78.5% | - |
| Revenue CAGR (3Y) | +14.6% | +19.7% | +27.1% | +24.5% | - | - | - |
| EBITDA CAGR (3Y) | +22.0% | +16.3% | +2.0% | +37.5% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +7.8% | +1.8% | -14.0% | -4.4% | -2.4% | -8.6% | -5.0% |
| Return on capital employed | +3.1% | +1.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +2.0% | -0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.12 | 0.24 | 0.23 | 0.15 | 0.14 | 0.15 | 0.14 |
| Long-term debt / equity | 0.02 | 0.06 | 0.10 | 0.08 | 0.06 | 0.09 | 0.09 |
| Interest cover | 91.57 | -192.36 | -25.70 | -38.05 | -31.03 | -26.04 | -36.48 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.06 | 0.90 | 0.72 | 0.75 | 0.64 | 0.70 | 1.34 |
| Inventory turnover | 109.75 | 84.34 | 61.14 | 78.46 | 121.79 | 190.60 | 203.18 |
| Debtors turnover | 2.59 | 2.73 | 2.71 | 3.30 | 2.84 | 2.84 | 6.81 |
| EPS (₹) | 1.31 | 280.20 | (2.23) | (4.02) | (1.67) | (4.34) | (2.78) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 55.37 | 38,362.50 | 24.34 | 156.48 | 130.10 | 92.55 | 88.51 |
Web traffic of Fave India
The website of Fave India (myfave.in) receives about 6.8K visits a month.
- Monthly visits6.8K
▲ 16.4% vs previous month
Top companies in Deals, Rewards & Comparison Platforms
2 companies that operate in the same segment as Fave India (Deals, Rewards & Comparison Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Cashback and coupon offers are provided for e-commerce shopping. | Gurugram, Haryana, India | USD 32.61 M |
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Frequently Asked Questions about Fave India
Fave India was founded in 2014.
Fave India is headquartered in India.
Fave India has 3,305 employees.
The primary company behind Fave India, Pine Labs Limited., reported revenue of ₹2,847 Cr for FY 2026, up 19% year on year.
Fave India was established in 2014 as an online platform based in India. Operations focus on providing cashback and rewards for purchases across diverse categories, including products and services. The platform, accessible via myfave.in, supports transactions in various sectors such as retail and e-commerce. Geographic coverage is centered in India, with services tailored to local users for reward accumulation and redemption.
Fave India offers Fave App, Fave Gift Cards, and UPI Payment Service.
Yes, Fave India is publicly traded on NSE under the ticker symbol PINELABS.
Fave India operates through Pine Labs Limited..
The legal entities of Fave India currently have 8 directors, including Kush Mehra, Sameer Vasudev Kamath, Bairavarasu Amrish Rau and others.
Yes. Fave India publishes Fave - Save on UPI & Giftcards.