Purple Finance

Which are the latest news on Purple Finance?

Why is Purple Finance Ltd falling/rising?

As of 05-Sep, Purple Finance Ltd's stock price is rising to 71.31, reflecting a 0.76% increase. The stock has shown strong year-to-date growth of 34.42% and remains above key moving averages, although a significant drop in investor participation may raise concerns for future performance.

As of 05-Sep, Purple Finance Ltd's stock price is rising, currently at 71.31, with a change of 0.54 (0.76%) upwards. This increase can be attributed to the stock outperforming its sector by 0.53% today and having gained consecutively for the last two days, resulting in a total return of 1.83% during this period. <BR><BR>Despite a day’s low of Rs 69, which represented a decline of 2.5%, the overall trend appears positive as the stock remains above its 50-day, 100-day, and 200-day moving averages, indicating a generally strong performance over a longer timeframe. Furthermore, the stock has shown impressive year-to-date growth of 34.42% compared to a decline of 10.21% in the benchmark Sensex, and an annual increase of 89.25% against a 5.21% drop in the same index. <BR><BR>However, it is important to note that there has been a significant drop in investor participation, with delivery volume falling by 79.72% against the 5-day average, which could indicate a potential concern for future performance. Nonetheless, the current liquidity remains adequate for trading, supporting the stock's upward movement.

What does Purple Finance do?

Purple Finance Ltd is a Non Banking Financial Company (NBFC) operating in the micro-cap market, with a recent market cap of INR 425 Cr and reported net sales of 16 Cr and net profit of 0 Cr for June 2026. The company has a debt-equity ratio of 0.85 and a negative return on equity of -0.98%.

Overview:<BR>Purple Finance Ltd operates as a Non Banking Financial Company (NBFC) within the micro-cap market segment.<BR><BR>History:<BR>Purple Finance Limited was originally incorporated in 1993 as "Devipura Balaji Securities & Investments Private Limited" and later converted to a Public Limited Company under the name "Devipura Balaji Securities & Investments Limited" in 1998. The most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 16 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 425 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.85 <BR>Return on Equity: -0.98% <BR>Price-to-Book: 3.48 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Purple Finance?

Purple Finance's peers include Mangal Credit, Unifinz Capital, Nahar Capital, NDL Ventures, Regency Fincorp, Akme Fintrade, Naperol Invest., Muthoot Cap.Serv, and MKVentures Cap. Purple Finance leads with a 1-year return of 101.10%, while Naperol Invest. has the lowest at -25.90%.

Peers: The peers of Purple Finance are Mangal Credit, Unifinz Capital, Nahar Capital, NDL Ventures, Regency Fincorp, Akme Fintrade, Naperol Invest., Muthoot Cap.Serv, and MKVentures Cap.<BR><BR>Quality Snapshot: Excellent management risk is observed at Mangal Credit, Unifinz Capital, Regency Fincorp, Purple Finance, Akme Fintrade, and the rest. Average management risk is found at Naperol Invest. and MKVentures Cap., while Below Average management risk is noted at Nahar Capital, NDL Ventures, Regency Fincorp, Muthoot Cap.Serv, and the rest. For growth, Excellent growth is seen at Mangal Credit, Unifinz Capital, Regency Fincorp, Purple Finance, Akme Fintrade, and the rest, while Below Average growth is observed at Nahar Capital, NDL Ventures, Muthoot Cap.Serv, MKVentures Cap., and the rest. Excellent capital structure is present at Mangal Credit, Unifinz Capital, Nahar Capital, Regency Fincorp, Purple Finance, Akme Fintrade, Naperol Invest., Muthoot Cap.Serv, MKVentures Cap., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Purple Finance at 101.10%, while the lowest is Naperol Invest. at -25.90%. Purple Finance's 1-year return significantly exceeds all peers. Additionally, Nahar Capital, Unifinz Capital, Muthoot Cap.Serv, and MKVentures Cap. have negative six-month returns.

How big is Purple Finance?

As of 31st August, Purple Finance Ltd has a market capitalization of 425.00 Cr and reported Net Sales of 57.59 Cr with a Net Profit loss of 1.22 Cr over the latest four quarters. Shareholder's Funds are 131.56 Cr, and Total Assets are valued at 231.52 Cr as of March 2026.

As of 31st August, Purple Finance Ltd has a market capitalization of 425.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Purple Finance reported Net Sales of 57.59 Cr. However, the company experienced a loss of 1.22 Cr in Net Profit during the same period.<BR><BR>The latest reporting period for the balance sheet is March 2026. Shareholder's Funds stand at 131.56 Cr, while Total Assets are valued at 231.52 Cr.

Should I buy, sell or hold Purple Finance Ltd?

Are Purple Finance Ltd latest results good or bad?

Purple Finance Ltd's latest Q1 FY27 results show a strong turnaround with a net profit of ₹0.38 crores and 160.84% revenue growth year-on-year. However, concerns about sustainability, negative cash flow, and declining promoter holdings suggest caution for investors.

Purple Finance Ltd's latest results for Q1 FY27 indicate a significant improvement compared to previous periods, marking a pivotal moment for the company. The net profit of ₹0.38 crores represents a remarkable turnaround from a loss of ₹4.84 crores in the same quarter last year. Additionally, the company achieved a revenue growth of 160.84% year-on-year, increasing from ₹6.18 crores to ₹16.12 crores.<BR><BR>The operating margin also saw a substantial improvement, rising to 27.92% from a negative 55.18% a year ago. This indicates better cost management and operational efficiency. Furthermore, the stock has performed well, with an increase of 87.20% over the past year, significantly outperforming the Sensex.<BR><BR>However, despite these positive indicators, there are concerns regarding the sustainability of this turnaround. The company still faces challenges, such as a negative return on equity and ongoing cash flow issues, with operating cash flow remaining deeply negative at ₹-98.16 crores for FY26. The decline in promoter holdings from 50.24% to 24.46% raises governance concerns, and the absence of institutional investor support suggests skepticism about the company's long-term prospects.<BR><BR>In summary, while the latest results show significant operational improvement and a shift towards profitability, investors should remain cautious due to underlying financial challenges and governance issues.

When is the next results date for Purple Finance Ltd?

The next results date for Purple Finance Ltd is 21 July 2026.

The next results date for Purple Finance Ltd is scheduled for 21 July 2026.

Is Purple Finance overvalued or undervalued?

As of December 4, 2025, Purple Finance is considered very expensive and overvalued with a negative PE ratio of -19.55 and EV to EBIT of -31.08, significantly underperforming its peers and the market, evidenced by a year-to-date return of -34.89%.

As of 4 December 2025, the valuation grade for Purple Finance has moved from risky to very expensive. The company is currently overvalued, as indicated by its negative PE ratio of -19.55 and EV to EBIT of -31.08, which are significant outliers compared to its peers. Additionally, the Price to Book Value stands at 2.20, further reinforcing the overvaluation stance.<BR><BR>In comparison to its peers, Bajaj Finance has a PE ratio of 34.9 and EV to EBITDA of 19.63, while Life Insurance shows a more attractive valuation with a PE of 10.85 and EV to EBITDA of 8.92. These ratios highlight the stark difference in valuation metrics, suggesting that Purple Finance is not only overvalued but also lacks the financial performance to justify its current pricing. Furthermore, the company's stock has underperformed significantly year-to-date, with a return of -34.89% compared to the Sensex's 9.12%, which underscores the valuation concerns.

How has been the historical performance of Purple Finance?

Purple Finance has experienced significant revenue growth, with net sales rising from 2.56 Cr in Mar'23 to 14.72 Cr in Mar'25, but has faced increasing operating losses, worsening from -5.55 Cr to -18.75 Cr over the same period, alongside a sharp rise in total liabilities and negative cash flow from operations.

Answer:<BR>The historical performance of Purple Finance shows a trend of increasing net sales but persistent losses over the years.<BR><BR>Breakdown:<BR>Purple Finance's net sales have significantly increased from 2.56 Cr in Mar'23 to 4.42 Cr in Mar'24, and further to 14.72 Cr in Mar'25. Despite this growth in revenue, the company has faced substantial operating losses, with an operating profit (PBDIT) of -5.55 Cr in Mar'23, worsening to -12.08 Cr in Mar'24, and reaching -18.75 Cr in Mar'25. The total expenditure has also risen sharply from 8.12 Cr in Mar'23 to 33.60 Cr in Mar'25, primarily driven by increasing employee costs and other expenses. Consequently, the profit after tax has deteriorated from -6.33 Cr in Mar'23 to -15.55 Cr in Mar'25. On the balance sheet, total liabilities have surged from 58.49 Cr in Mar'23 to 143.83 Cr in Mar'25, with total debt increasing from 0.30 Cr to 71.98 Cr over the same period. However, total assets have also grown, reflecting a rise from 58.49 Cr in Mar'23 to 143.83 Cr in Mar'25, indicating a significant increase in shareholder's funds from 17.30 Cr to 77.13 Cr. Cash flow analysis reveals a negative cash flow from operating activities, worsening from -60.00 Cr in Mar'24 to -77.00 Cr in Mar'25, although financing activities have provided a net cash inflow, resulting in a closing cash balance of 16.00 Cr in Mar'25.

What is the technical trend for Purple Finance?

As of April 7, 2025, Purple Finance's technical trend is mildly bearish, influenced by bearish daily moving averages and Bollinger Bands, despite some mildly bullish signals from the weekly MACD and KST.

As of 7 April 2025, the technical trend for Purple Finance has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the daily moving averages remain bearish. The Bollinger Bands on the weekly chart are bearish, and the Dow Theory shows a mildly bearish trend on the weekly and mildly bullish on the monthly. The KST is mildly bullish on the weekly timeframe. Overall, the current technical stance is mildly bearish, driven by the bearish moving averages and Bollinger Bands, despite some mildly bullish signals from the MACD and KST.

Who are the top shareholders of the Purple Finance?

The top shareholders of Purple Finance include promoter Amitabh Chaturvedi with 14.65%, and Intellect Stock Broking Limited as the largest public shareholder at 3.82%. Individual investors own 23.9%, with no pledged promoter holdings or investments from mutual funds or foreign institutional investors.

The top shareholders of Purple Finance include the promoters as the majority shareholders, with Amitabh Chaturvedi holding the highest stake at 14.65%. Additionally, Intellect Stock Broking Limited is the highest public shareholder with a holding of 3.82%. Individual investors collectively own 23.9% of the company. Notably, there are no pledged promoter holdings, and no mutual funds or foreign institutional investors currently hold shares in the company.

Has Purple Finance declared dividend?

No Dividend History Available