Purple Finance Q1 FY27: Profit, Saksham deal, ₹20cr NCDs

Key takeaway for investors

Purple Finance Limited reported a sharp swing to profit for the quarter ended June 30, 2026 (Q1 FY27), supported by a large jump in revenue from operations. Alongside the results, the board granted in-principle approval to acquire 100% of Saksham Gram Credit Private Limited and cleared a debt raise of up to ₹20 crore via Non-Convertible Debentures (NCDs). The combination of operating recovery and corporate actions places the NBFC in focus for investors tracking growth, funding plans, and execution risk.

Q1 FY27 results: from loss to profit

For Q1 FY27, Purple Finance reported net profit of ₹0.38 crore (also stated as ₹38.43 lakh). In the year-ago quarter (Q1 FY26), the company had posted a net loss of ₹4.84 crore. The shift marks a notable turnaround on a year-on-year basis.

Revenue from operations rose to ₹16.12 crore in Q1 FY27 from ₹6.18 crore in Q1 FY26. The company’s update described the performance as a significant recovery compared with the corresponding quarter last year.

What the board approved: acquisition plus NCD fundraising

The board approved two corporate actions alongside the quarterly update:

• Acquisition: In-principle approval to acquire 100% equity stake in Saksham Gram Credit Private Limited.
• Debt raise: Approval to raise up to ₹20 crore through NCDs.

Purple Finance said it has initiated due diligence for the proposed acquisition. The transaction will proceed through a term sheet and then definitive agreements such as a Share Subscription cum Shareholders Agreement, subject to regulatory and statutory approvals.

Deal timeline and process

The company indicated that, following in-principle approval, it will commence due diligence. The acquisition is expected to conclude within six months, subject to due diligence completion, final documentation, and regulatory approvals. Purple Finance also noted that the final consideration, valuation, and payment structure (cash or share swap) are under discussion and will be finalised upon signing definitive agreements.

Why Saksham Gram Credit matters in the stated strategy

Purple Finance described the move as aligned with its growth strategy to strengthen its lending framework and distribution network, particularly in rural and semi-urban markets. Since Saksham operates in a similar line of financial services, the company expects the acquisition to support synergies in operations and customer acquisition, and help deepen presence in underserved markets.

These strategic objectives are framed around expanding retail lending and distribution capabilities, as per the company’s stated rationale.

Saksham Gram Credit: financial track record cited

Purple Finance disclosed a three-year operating record for the target entity in the financial inclusion segment:

• FY 2025-26: Total income of ₹45.29 crore (managed portfolio total income stated as ₹43.39 crore)
• FY 2024-25: Turnover of ₹64.16 crore
• FY 2023-24: Turnover of ₹34.04 crore

The acquirer intends to purchase up to a 100% stake, which would provide full operational and managerial control after completion.

NCD issue: size, coupon, and tenure disclosed

Purple Finance’s board approved raising up to ₹20 crore through NCDs. The terms disclosed include a coupon rate of 11.90% and a tenure of 28 months and 8 days. The company said the proceeds would provide capital for operational expansion and growth initiatives.

Stock snapshot and recent returns (as stated)

The article data includes multiple dated price points and return figures. As per the information provided:

• Share price (10 July 2026): ₹63.50
• BSE quote snapshot (25 June 2026): 65.98 (+0.33%); the stock is stated as not traded on NSE
• 52-week range (BSE snapshot): 33.00 to 75.10

Past returns for Purple Finance (PURPLEFIN) share were listed as:

• 1 week: -3.74%
• 1 month: -4.98%
• 3 months: 9.45%
• 6 months: 20.89%
• 1 year: 53.46%
• 5 years: -37.93%

Key numbers table

Why this update matters

The Q1 FY27 profit of ₹0.38 crore and revenue jump to ₹16.12 crore highlight an operational improvement compared with the loss-making quarter a year earlier. Separately, the acquisition and the NCD plan point to an expansion push that will depend on due diligence outcomes, regulatory clearances, and final deal terms.

Investors will likely track the acquisition documentation process, the timing of approvals, and clarity on the consideration structure once definitive agreements are executed. They will also monitor how the ₹20 crore NCD plan is deployed, given the disclosed coupon and tenure.

What to track next

Key milestones indicated in the update include completion of due diligence, signing of the term sheet and definitive agreements for the Saksham deal, and receipt of statutory and regulatory approvals. On the funding side, investors can watch for further disclosures on NCD issuance details beyond the approved size, coupon, and tenure.