Purple Finance

Should I buy, sell or hold Purple Finance Ltd?

Why is Purple Finance Ltd falling/rising?

As of 04-Aug, Purple Finance Ltd's stock price is rising to 75.28, reflecting a 1.99% increase. The stock has outperformed the Sensex over various time frames, showing strong bullish trends despite a significant drop in investor participation.

As of 04-Aug, Purple Finance Ltd's stock price is rising, currently at 75.28, reflecting an increase of 1.47 (1.99%). This upward movement is supported by several factors. Over the past week, the stock has gained 2.91%, outperforming the Sensex, which increased by only 2.17%. In the last month, the stock has surged by 17.61%, significantly higher than the Sensex's modest rise of 0.86%. Year-to-date, Purple Finance has shown remarkable performance with a 41.90% increase, contrasting sharply with the Sensex's decline of 7.97%. <BR><BR>Additionally, the stock is close to its 52-week high, just 3.3% away from Rs 78.5, and it reached an intraday high of Rs 77 today, marking a 4.32% increase. The stock is also trading above its moving averages across various time frames, indicating a strong bullish trend. However, it is important to note that there has been a significant drop in investor participation, with delivery volume falling by 83.72% compared to the 5-day average. Despite this decline in participation, the overall performance metrics suggest that the stock is experiencing a positive trend.

Which are the latest news on Purple Finance?

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.

What does Purple Finance do?

Purple Finance Ltd is a Non Banking Financial Company (NBFC) focused on the Micro Cap market, with a market cap of INR 402 Cr and reported net sales of 17 Cr and no profit for the quarter ending March 2026. The company has a debt-equity ratio of 0.85 and a negative return on equity of -5.18%.

Overview:<BR>Purple Finance Ltd is a Non Banking Financial Company (NBFC) operating in 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 latest quarterly results report net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 17 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 402 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 20<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.85<BR>- Return on Equity: -5.18%<BR>- Price to Book: 3.14<BR><BR>Contact Details:<BR>No Company Details Available. Registrar Address: Not available.

How big is Purple Finance?

As of 10th June, Purple Finance Ltd has a market capitalization of 402.00 Cr and reported net sales of 47.65 Cr with a net loss of 6.44 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Purple Finance Ltd has a market capitalization of 402.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 47.65 Cr, while the sum of Net Profit for the same period reflects a loss of 6.44 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026, with Shareholder's Funds amounting to 131.56 Cr and Total Assets valued at 231.52 Cr.

Who are the peers of the Purple Finance?

Peers of Purple Finance include The Invest.Trust, Mangal Credit, NDL Ventures, Akme Fintrade, Nahar Capital, UVS Hospitality, Unifinz Capital, MKVentures Cap., and Naperol Invest. Purple Finance exhibits excellent management risk, growth, and capital structure, with a 1-year return of 45.68%.

Peers: The Invest.Trust, Mangal Credit, NDL Ventures, Akme Fintrade, Nahar Capital, Purple Finance, UVS Hospitality, Unifinz Capital, MKVentures Cap., Naperol Invest.<BR><BR>Quality Snapshot: Excellent management risk is observed at The Invest.Trust, Mangal Credit, Akme Fintrade, Nahar Capital, UVS Hospitality, Unifinz Capital, and Purple Finance, while Average management risk is found at MKVentures Cap. Below Average management risk is noted for NDL Ventures, Naperol Invest, and the rest. Growth is Excellent for Mangal Credit, Akme Fintrade, UVS Hospitality, Unifinz Capital, and Purple Finance, while Below Average growth is seen at NDL Ventures, Nahar Capital, and the rest. Excellent capital structure is present in The Invest.Trust, Mangal Credit, Akme Fintrade, Nahar Capital, Purple Finance, UVS Hospitality, Unifinz Capital, MKVentures Cap., and Naperol Invest, while Below Average capital structure is noted for NDL Ventures.<BR><BR>Return Snapshot: NDL Ventures has the highest 1-year return at 85.34%, while MKVentures Cap. has the lowest at -44.21%. Purple Finance's 1-year return of 45.68% is significantly higher than MKVentures Cap. Additionally, peers with negative six-month returns include UVS Hospitality, Unifinz Capital, MKVentures Cap., Naperol Invest, and Corporate Merch.

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