Purple Finance Ltd

Purple Finance Ltd

₹ 44.5 -2.26%
22 Nov 4:00 p.m.
About

Incorporated in 1993, Purple Finance
Ltd provides micro and small enterprises
with secured business loans[1]

Key Points

Business Overview:[1][2]
PFL is a Non Systematically Important Non Deposit Taking Non Banking Financial Corporation. It provides small ticket secured loans to small & medium enterprises. The loan is given for business expansion, asset purchase, construction, renovation of business /residential premises, and working capital requirement. Company is in the process of obtaining Corporate Agency Licence for Insurance Solicitation.

  • Market Cap 200 Cr.
  • Current Price 44.5
  • High / Low 114 / 41.2
  • Stock P/E
  • Book Value 8.65
  • Dividend Yield 0.00 %
  • ROCE -26.5 %
  • ROE -23.2 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 5.15 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -11.2%
  • Company might be capitalizing the interest cost
  • Working capital days have increased from -2,561 days to 108 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.89 0.73 1.97 0.99 1.43 2.00 2.70
3.43 2.78 4.20 3.98 5.43 5.06 6.60
Operating Profit -2.54 -2.05 -2.23 -2.99 -4.00 -3.06 -3.90
OPM % -285.39% -280.82% -113.20% -302.02% -279.72% -153.00% -144.44%
0.00 0.00 0.00 0.00 0.02 0.13 0.00
Interest 0.04 0.05 0.11 0.36 0.57 0.87 1.41
Depreciation 0.22 0.25 0.28 0.32 0.33 0.35 0.43
Profit before tax -2.80 -2.35 -2.62 -3.67 -4.88 -4.15 -5.74
Tax % 1.07% 0.00% -3.82% -3.27% -111.68% 1.93% -2.96%
-2.83 -2.35 -2.51 -3.55 0.56 -4.23 -5.57
EPS in Rs 0.12 -0.94 -1.24
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2023 Mar 2024 TTM
3 4 7
8 15 21
Operating Profit -5 -11 -14
OPM % -211% -248% -196%
0 0 0
Interest 0 1 3
Depreciation 1 1 1
Profit before tax -6 -13 -18
Tax % 2% -43%
-6 -8 -13
EPS in Rs -1.70
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 73%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -20%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -23%

Balance Sheet

Figures in Rs. Crores

Mar 2023 Mar 2024 Sep 2024
Equity Capital 23 34 34
Reserves -6 15 5
2 24 54
39 1 2
Total Liabilities 58 74 94
31 31 33
CWIP 0 0 0
Investments 8 1 1
20 42 61
Total Assets 58 74 94

Cash Flows

Figures in Rs. Crores

Mar 2023 Mar 2024
-0 -60
-4 -1
9 60
Net Cash Flow 5 -1

Ratios

Figures in Rs. Crores

Mar 2023 Mar 2024
Debtor Days 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0
Working Capital Days -5,230 108
ROCE % -27%

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Oct 2024
72.11% 72.11% 60.94%
0.00% 0.04% 0.71%
4.09% 4.09% 4.09%
23.79% 23.76% 34.27%
No. of Shareholders 1,1512,8272,985

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents