BSE: 544191 | NSE: | Finance - NBFC | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Purple Finance Ltd is a below average quality company.
The key valuation ratios of Purple Finance Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Purple Finance Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'22 | Mar'23 | Mar'24 | TTM | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Income (₹ Cr.) | 0.9 | 2.6 | 4.4 | 4 | ||||||||
| YoY Gr. Rt. % | - | 181.3% | 72.7% | - | ||||||||
| Adj EPS (₹ ) | -2.6 | -2.4 | -2 | -1.7 | ||||||||
| YoY Gr. Rt. % | - | NA | NA | - | ||||||||
| BVPS (₹ ) | 6.8 | 6.4 | 12.2 | 11.2 | ||||||||
| YoY Gr. Rt. % | - | -5.8% | 91.6% | - | ||||||||
| To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ | ||||||||||||
| Net Profit/Total Funds (%) | -36.3 | -16.8 | -12 | 0 | ||||||||
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | NA | NA | NA | 72.7% | ||||||||
| Adj EPS | NA | NA | NA | NA | ||||||||
| BVPS | NA | NA | NA | 91.6% | ||||||||
| Share Price | - | - | - | - | ||||||||
| RATIOS \ YEARS | Mar'22 | Mar'23 | Mar'24 | TTM | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Quality Ratio | To view Asset Quality Ratio Colour Rating Guide click here ⓘ | |||||||||||
| Net NPA to Net Advances (%) | 0 | 0 | 0 | - | ||||||||
| Capitalization Ratio | To view Capitalization Ratio Colour Rating Guide click here ⓘ | |||||||||||
| Capital Adequacy Ratio (%) | 0 | 0 | 0 | - | ||||||||
| Margins | ||||||||||||
| Net Profit Margin (%) | -683.3 | -247.6 | -172.1 | -172.4 | ||||||||
| Performance Ratios | To view Performance Ratios Colour Rating Guide click here ⓘ | |||||||||||
| Return on Equity (%) | -38.3 | -38.2 | -23.5 | -15.3 | ||||||||
No data to display
Return on Equity is Poor
Total Income has declined 69.34 CAGR in last 3 years
Net Profit has declined 0.00 CAGR in last 3 years
Total income growth is poor in last 4 quarters
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -1.7 | - |
| TTM Sales (₹ Cr.) | 4.4 | - |
| BVPS (₹.) ⓘ | 11.2 | - |
| Reserves (₹ Cr.) ⓘ | 5 | - |
| P/BV ⓘ | 4.04 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 41.17 / 113.57 |
| All Time Low / High (₹) | 41.17 / 113.57 |
| Market Cap (₹ Cr.) | 202 |
| Equity (₹ Cr.) | 44.8 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 27.8 |
| Pledged * | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|
| Income | 1 | 3 | 4 |
| Interest Income | 1 | 3 | 4 |
| Other Income ⓘ | 0 | 0 | 0 |
| Expenditure ⓘ | 7 | 9 | 18 |
| Interest Expense ⓘ | 0 | 0 | 1 |
| Operating Expenses ⓘ | 2 | 8 | 16 |
| Provisions | 5 | 1 | 0 |
| Exceptional Items ⓘ | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -6 | -6 | -13 |
| Taxes ⓘ | 0 | 0 | -6 |
| Profit After Tax | -6 | -6 | -8 |
| Adjusted EPS (₹) | -2.6 | -2.4 | -2.0 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Equity Capital | 16 | 17 | 48 | |||||||
| Share Capital ⓘ | 21 | 23 | 34 | |||||||
| Reserves ⓘ | -4 | -6 | 15 | |||||||
| Minority Interest | 0 | 0 | 0 | |||||||
| Long Term Borrowings | 0 | 2 | 18 | |||||||
| Current Liabilities | 1 | 39 | 2 | |||||||
| Trade Payables | 0 | 1 | 0 | |||||||
| Short term borrowings | 0 | 0 | 0 | |||||||
| Other Liabilities | 0 | -1 | 0 | |||||||
| Total Liabilities ⓘ | 17 | 58 | 68 | |||||||
Assets | ||||||||||
| Non Current Asset | 4 | 47 | 64 | |||||||
| Loan Asset | 0 | 0 | 0 | |||||||
| Other Non Current Asset ⓘ | 4 | 47 | 64 | |||||||
| Current Asset | 13 | 11 | 4 | |||||||
| Current Investment | 6 | 6 | 0 | |||||||
| Other Current Asset | 7 | 5 | 4 | |||||||
| Total Assets ⓘ | 17 | 58 | 68 | |||||||
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
Operational & Financial Ratios |
||||||||||
| EPS (₹) | -3 | -3 | -2 | |||||||
| DPS (₹) | 0 | 0 | 0 | |||||||
| BVPS (₹) | 8 | 7 | 14 | |||||||
Performance Ratios | ||||||||||
| ROA (%) | -36.3 | -16.8 | -12.0 | |||||||
| ROE (%) | -38.3 | -38.2 | -23.5 | |||||||
| ROCE (%) | -36.9 | -35.6 | -27.7 | |||||||
Valuation Parameters | ||||||||||
| Price/Book(x) | 0.0 | 0.0 | 0.0 | |||||||
Purple Finance Limited was incorporated on November 09, 1993. It is registered with the Reserve Bank of India as a non-deposit taking NBFC and started its limited lending activities in 2013. In 2022, five like-minded professionals came together with the existing founder of Purple Finance, Amitabh Chaturvedi, to build a Ministry of Micro, Small & Medium Enterprises (MSME)-focused, digital-first NBFC, catering to micro and small enterprises with secured business loans.
It will help put the power back in the hearts, minds, and wallets of micro and small business entrepreneurs. Although the MSME segment contributes substantially in the process of nation-building, much remains to be done to address their financing woes. With its innovative and digital-first approach at Purple Finance, it would ensures easier and simplified funding options for the micro and small business enterprise at competitive pricing, faster credit decisions and transparent processes. It is embarking on a quest to empower its MSME customers who aren’t served well by traditional lenders and/or are trapped in a vicious circle of high-cost debt at the hands of informal and predatory moneylenders.
Business area of the company
The company is building reliable, accessible and technology-enabled financing for Micro & Small business owners. It is the first Indian NBFC to provide digitised secured microloans that offer easy and paperless on-boarding, transparent commercials and conditions, simple and easy to understand products.
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