Regulatory Disclosure Details

Financial Performance Highlights

  • Total Income: ₹16.22 crores (1,622.45 lakhs) for quarter ended June 30, 2026
  • Year-on-Year Growth: 162.55% increase in total income
  • Profit After Tax (PAT): ₹0.38 crores (38.43 lakhs)
  • Performance Trend: Significant turnaround from loss in corresponding quarter of previous year
  • Assets Under Management (AUM): ₹278+ crores as of June 30, 2026
  • AUM Growth Rate: 116% increase over previous financial year
  • Cumulative Loan Disbursements: ₹312+ crores since inception

Fundraising and Capital Position

  • Equity Commitments: ₹108 crores tied up for fundraising
  • Purpose: Strengthening financial position and supporting robust AUM growth

Strategic Acquisition Details

  • Target Company: Saksham Gram Credit Private Limited
  • Acquisition Structure: Proposed as 100% wholly owned subsidiary
  • Board Approval: In-principle approval accorded by Board of Directors
  • Conditions: Subject to completion of necessary due diligence and relevant regulatory approvals
  • Strategic Rationale: Entry into rural and semi-rural markets, expansion into Tier III & IV markets, establishment of strategic foothold in Southern India states

Target Company Profile (Saksham Gram Credit Private Limited)

  • Incorporation Date: December 2019
  • Business Model: Largest Business Correspondent providing services to banks and NBFCs
  • Product Offerings: Microfinance, unsecured business loans, secured business loans
  • Customer Focus: Rural and semi-urban areas
  • Geographic Presence: 10 states, 74 districts
  • Branch Network: 147 branches
  • Customer Base: 1.63+ lakh customers
  • Microfinance Centers: 31,000+ centers
  • Employee Strength: ~900 personnel

Post-Acquisition Projections

  • Combined AUM: Approximately ₹850 crores
  • Network Expansion: Enhanced distribution capabilities across Tier III & IV markets
  • Customer Base Growth: Significant expansion through combined operations

Long-term Strategic Vision

  • Market Focus: Expanding access to formal credit for micro, small, and medium enterprises across Tier II, III and IV markets
  • Aspiration: Progress toward becoming a Small Finance Bank
  • Growth Strategy: Combination of organic growth through new branches and inorganic growth through strategic acquisitions

Company Background

Purple Finance Limited is registered with RBI as a non-deposit taking NBFC, listed on BSE (Scrip Code: 544191). The company forayed into retail secured lending in 2022 with a digital-first, MSME-focused lending approach. The founding team brings over 125 years of combined leadership experience from financial services institutions.