| Market Cap | ₹501.4 CrSmall Cap |
|---|---|
| Revenue TTM | ₹61.18 CrTrailing 12 Months |
| 1-Year Return | 51.59%Price Appreciation |
| Promoter Holding | 35.56%Latest Quarter |
Key highlights
- Finance Committee meeting convened for Wednesday, November 4, 2026
- Proposed instruments include equity shares, preference shares, warrants, and debentures
- Fund raising routes under review include QIP, rights issue, and preferential allotment
- Trading window for insiders remains closed until 48 hours after the meeting outcome
- Company reported a standalone Assets Under Management (AUM) of ₹329.21 crore as of September 30, 2026
Purple Finance Convenes Meeting for Potential Capital Infusion
Purple Finance Limited has formally notified the exchange regarding a Finance Committee meeting scheduled for November 4, 2026. The primary agenda is to consider and approve fund raising through the issuance of various securities. These may include equity shares, preference shares, warrants, or debentures.
The company is exploring multiple issuance methods such as rights issues, qualified institutions placements (QIP), and preferential issues, subject to regulatory and shareholder approvals. This move follows a period of active capital restructuring as the company scales its operations in the banking and finance sector, specifically within the NBFC space.
Strategic Growth and Recent Expansion Milestones
- Allotted 99,99,952 equity shares at ₹72 each on September 23, 2026, to acquire Saksham Gram Credit Private Limited
- Combined group Assets Under Management (AUM) reached ₹853 crore across 205 branches by September 30, 2026
- Previously approved the issuance of listed NCDs worth up to ₹15 crore on September 22, 2026
- Executed a loan portfolio sale of ₹5.38 crore under the Direct Assignment route in August 2026
- Management has guided for a target combined AUM of approximately ₹850 crore post-acquisition completion
Quarterly Financial Performance and Market Context
For the quarter ended September 30, 2026, Purple Finance reported operating revenue of ₹14.7 crore, marking a 32.42% increase compared to the same period last year. However, the company recorded a net loss of ₹2.88 crore for the quarter, reflecting a significant decline of 76.92% year-on-year. The operating profit margin stood at 10.09%.
On the valuation front, the company currently trades at a price-to-book value of 3.34, while its price-to-earnings ratio remains negative at -203.04. The stock has shown a 1-year price change of 51.59%, significantly outpacing its 3-year low of ₹33.
| Date | Announcement | Amount |
|---|---|---|
| 29 Oct 2026 | Notice convening meeting of debenture holders scheduled for 20 November 2026Source: BSE filing | – |
| 22 Oct 2026 | Approval of Q2 and H1 FY27 financial results and enabling approval to enter affordable housing financeSource: market data.com | – |
| 23 Sep 2026 | Allotment of 99,99,952 equity shares at Rs 72 each to acquire Saksham Gram Credit Private LimitedSource: scanx.trade | ₹72.00 Cr |
| 22 Sep 2026 | Approval for issuance of listed NCDs up to Rs 15 crore and loan portfolio sale up to Rs 32 crore via direct assignmentSource: equitybulls.com | ₹47.00 Cr |
| 31 Aug 2026 | Extra-Ordinary General Meeting approval for preferential share allotment to acquire Saksham Gram CreditSource: economictimes.indiatimes.com | – |
| 12 Aug 2026 | Approval for sale of loan portfolio under Direct Assignment routeSource: purplefinance.in | ₹5.38 Cr |
What to watch next
- Outcome of the Finance Committee meeting scheduled for November 4, 2026
- Meeting of debenture holders convened for November 20, 2026
- Final regulatory approvals for the proposed capital issuance methods
- Operational integration updates following the Saksham Gram Credit acquisition
| Share price | ₹65 |
|---|---|
| Market capitalisation | ₹501.40 Cr |
| Revenue (annual) | ₹47.65 Cr |
| Net profit (annual) | -₹6.44 Cr |
| Revenue (latest quarter) | ₹14.70 Cr-8.78% vs previous quarter |
| Net profit (latest quarter) | -₹2.88 Cr-850.33% vs previous quarter |
| P/E (TTM) | -203.04×Sector 19.05× |
| Promoter holding | 35.56%+11.10% QoQ |
| FII holding | 0.65%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Purple Finance Ltd announcing the intimation of a Finance Committee meeting for fund raising. Market figures from a third-party data provider.
