Key Board Approvals

The Board of Directors, at its meeting held on October 22, 2026 (commencing at 03:58 p.m. and concluding at 06:04 p.m.), approved the following:

1. The Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026, along with the Limited Review Report issued by Jogin Raval & Associates, Chartered Accountants. The results were reviewed and recommended by the Audit Committee. The Security Cover Certificate for the quarter ended September 30, 2026 was also approved.

2. Shifting of the Registered Office from 'Room No. 11, 1st Floor, Indu Chamber 349/353, Samuel Street, Vadgadi, Masjid Bunder (West), Mumbai, Maharashtra, India, 400003' to '5/502, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Opp. Gurunanak Hospital Bandra East, Mumbai- 400051' with effect from October 23, 2026.

3. Launch of new financing products:

  • PURPLE SARAL: An unsecured lending product focused on the MSME sector, launched on November 01, 2026.
  • SAKSHAM LAP: A secured lending product (Loan Against Property) focused on the MSME sector, launched on October 28, 2026.
  • Loan to NBFC: A secured lending product aimed at providing financing solutions to Non-Banking Financial Companies in the MSME sector, launched on October 28, 2026.

Financial Results - Standalone (Rs. in Lakhs)

Quarter ended September 30, 2026 (Q2 FY27):

  • Total Income: ₹1,481.37
  • Total Expenses: ₹1,871.16
  • Loss Before Tax: ₹(389.79)
  • Tax Expense (Deferred Tax): ₹(101.44) [Credit]
  • Net Loss After Tax: ₹(288.35)
  • Total Comprehensive Loss: ₹(285.67)
  • Basic EPS: ₹(0.46)

Half Year ended September 30, 2026 (H1 FY27):

  • Total Income: ₹3,103.81
  • Total Expenses: ₹3,488.39
  • Loss Before Tax: ₹(384.58)
  • Tax Expense (Deferred Tax): ₹(134.64) [Credit]
  • Net Loss After Tax: ₹(249.94)
  • Total Comprehensive Loss: ₹(244.58)
  • Basic EPS: ₹(0.41)

Comparative Figures (Standalone):

  • Q1 FY27 Net Profit: ₹38.43
  • Q2 FY26 Net Loss: ₹(162.99)
  • H1 FY26 Net Loss: ₹(647.07)
  • FY26 Net Loss: ₹(644.10)

Financial Results - Consolidated (Rs. in Lakhs)

Including subsidiary Saksham Gram Credit Pvt Ltd from September 23, 2026.

Quarter ended September 30, 2026 (Q2 FY27):

  • Total Income: ₹2,215.52
  • Total Expenses: ₹1,984.26
  • Profit Before Tax: ₹231.26
  • Tax Expense: ₹131.09 (Current Tax: ₹56.85, Deferred Tax: ₹74.24)
  • Net Profit After Tax: ₹100.17
  • Total Comprehensive Income: ₹102.86
  • Basic EPS: ₹0.13

Half Year ended September 30, 2026 (H1 FY27):

  • Total Income: ₹3,837.96
  • Total Expenses: ₹3,601.49
  • Profit Before Tax: ₹236.48
  • Tax Expense: ₹97.89 (Current Tax: ₹56.85, Deferred Tax: ₹41.04)
  • Net Profit After Tax: ₹138.59
  • Total Comprehensive Income: ₹143.95
  • Basic EPS: ₹0.19

Key Financial Metrics & Position (Standalone)

As of September 30, 2026:

  • Paid-up Equity Share Capital: ₹7,713.79 Lakhs (vs. ₹5,892.42 Lakhs on Mar 31, 2026)
  • Net Worth: ₹25,075.51 Lakhs (vs. ₹13,156.34 Lakhs on Mar 31, 2026)
  • Total Assets: ₹41,770.96 Lakhs (vs. ₹24,474.55 Lakhs on Mar 31, 2026)
  • Debt-Equity Ratio: 0.62x (vs. 0.81x on Mar 31, 2026)
  • Total Debt to Total Assets: 0.37x (vs. 0.43x on Mar 31, 2026)
  • Assets Under Management (AUM): ₹32,921.24 Lakhs
  • Gross Stage III Assets (NPA): ₹791.59 Lakhs (2.40% of AUM)
  • Net Stage III Assets (NPA): ₹622.49 Lakhs (1.89% of AUM)

Capital Structure Changes & Corporate Actions (Notes to Accounts)

1. NCD Issuances: The company allotted multiple tranches of Non-Convertible Debentures (NCDs) during H1 FY27:

  • April 6, 2026: ₹5 Crore subordinated NCDs.
  • April 28, 2026: ₹20 Crore secured NCDs.
  • July 28, 2026: ₹20 Crore secured NCDs.
  • September 28, 2026: ₹15 Crore secured NCDs.

2. Warrants Allotment: On June 15, 2026, allotted 1.26 Crore equity share warrants on a preferential basis at ₹55 per warrant (aggregating ₹69.30 Crore), receiving 25% of the issue price (₹17.325 Crore).

3. Open Offer: An open offer made by acquirers closed on July 14, 2026. 36 equity shares were tendered and accepted at ₹55 per share.

4. ESOP Allotment: On July 21, 2026, 13,750 equity shares were allotted at ₹33 per share upon exercise of stock options.

5. Warrant Conversion: On September 10, 2026, 55 Lakh equity share warrants were converted into equity shares at an issue price of ₹39 per share (aggregating ₹16.0875 Crore), being the balance 75% payment.

6. Preferential Allotment: The Board on August 6, 2026, approved issuing 40 Lakh shares. An investor subscribed to 27 Lakh shares; the remaining 13 Lakh offer lapsed.

7. Acquisition of Saksham Gram Credit Pvt Ltd: Completed on September 22, 2026, for a total consideration of ₹99 Crore. The consideration comprised cash of ₹27.0003 Lakh and the issuance of 99,99,952 equity shares of Purple Finance at ₹72 per share (aggregating ₹71.9996544 Crore). Saksham Gram became a wholly-owned subsidiary. Goodwill of ₹34.3558 Crore and identifiable intangible assets (Distribution Network: ₹42.5816 Lakh, Non-Compete: ₹4.1297 Lakh, Brand: ₹21.6405 Lakh) were recognized.

8. Increase in Authorized Share Capital: Increased from ₹82.60 Crore to ₹97.60 Crore, approved by shareholders on August 31, 2026.

Other Disclosures

  • Asset Transfer: The company transferred loans through direct assignment amounting to ₹1,501.31 Lakhs during Q2 FY27.
  • Stressed Loan Acquisition: Acquired a stressed loan portfolio with an aggregate principal outstanding of ₹7,512.65 Lakhs for a consideration of ₹1,550.00 Lakhs during the quarter.
  • Segment Reporting: The company operates in only one segment.
  • Auditor's Review: The financial results were subject to a limited review by the statutory auditors, Jogin Raval & Associates, who issued an unmodified review report.
  • Security Cover Certificate: The auditors also certified the Security Cover for listed NCDs, confirming a Pari-Passu Security Cover Ratio of 1.1x.

The complete information is available on the company's website at www.purplefinance.in.