BSECompany Update22 Oct 2026 · 22 Oct 2026, 09:08 pm
Please find enclosed press release
Purple Finance Ltd · 544191
✦ AI Summary▲ PositiveExpansion
Purple Finance Ltd plans to enter the affordable housing finance segment, expand its lending footprint, and launch new products, including MSME-focused lending products and an institutional lending product. The company has also announced its Q2 and H1 FY27 financial results, with standalone assets under management growing 101% year-on-year and 18% sequentially to ₹329.21 crore.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact7/10
Market Sentiment8/10
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Purple Finance Ltd - 544191 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Ref: PFL/BSE/2026-27/102
Date: October 22, 2026
BSE Limited
The Corporate Relationship Department
P.J. Towers, 1st Floor,
Dalal Street,
Mumbai – 400 001
Equity Debt
Scrip 544191 977452 977715 977718 977748 978011 978238
Code
Scrip PURPLEFIN 1225PFL28 1250PFL31 PFL06426 12PFL28 1190PFL28 1190PFL29
Sub: Intimation under Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015- Press Release
Dear Sir/Madam,
Pursuant to Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we hereby inform that the Company has issued a press
release. A copy of the press release is attached herewith for reference.
The above information is also available on the website of the Company i.e.
www.purplefinance.in.
This is for your information and records.
Thanking You,
Yours faithfully,
For Purple Finance Limited
Ruchi Nishar
Company Secretary and Compliance Officer
Encl: As above
Purple Finance Limited
Registered Office: 11, Indu Chamber, 349/353, Samuel Street, Masjid Bunder West, Mumbai – 400003.
Corporate Office: 5/502, 5th Floor, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Opp. Gurunanak Hospital Bandra East, Mumbai- 400051
Tel. No.: +91-22 6916 5100 | www.purplefinance.in | CIN No. L67120MH1993PLC075037 | customersupport@purplefinance.in
Purple Finance to Enter Affordable Housing Finance,
Expand its Lending Footprint
Mumbai: Purple Finance Limited today outlined plans to explore entry into affordable housing finance
following an enabling approval from its Board of Directors, with a focus on rural, mass-market and
affordable housing loans. The proposed expansion would build on its existing semi urban and rural
network, diversify its lending portfolio and strengthen its secured retail lending business. The company
also announced its Q2 and H1 FY27 financial results.
To establish its presence in the segment, the Company will evaluate the most suitable route, which may
involve acquiring or investing in an existing Housing Finance Company, or establishing a subsidiary
with the requisite regulatory approvals. The preferred approach will be determined based on true
strategic fit, capital requirements and the potential to establish a scalable and sustainable affordable
housing finance business.
Amitabh Chaturvedi, Executive Chairman, said: "Affordable housing finance offers a natural
opportunity to deepen our relationships with customers in Tier III and Tier IV markets and support their
aspirations for home ownership. We see the potential to build a scalable secured lending business that
complements our existing franchise and creates long-term value. We will pursue this opportunity
through disciplined capital allocation, prudent underwriting and the rapid expansion of our distribution
network.”
Alongside the proposed housing finance expansion, the company has approved the launch of two
shorter-tenor, MSME-focused lending products: PURPLE SARAL, with loan amounts ranging from
₹75,000 to ₹2 lakh, and SAKSHAM LAP, a mortgage loan offering with ticket sizes ranging from ₹2
lakh to ₹4 lakh. These additions will broaden the company’s existing product portfolio, enabling it to
serve the full spectrum of the micro, small and medium enterprises (MSME) sector.
The company has also introduced an institutional lending product to provide financing solutions to
NBFCs serving MSMEs.
H1Q2 FY27 Financial Performance and Outlook
Standalone assets under management (AUM) grew 101% year-on-year and 18% sequentially to
₹329.21 crore, with Gross NPA remaining below 2.5%. Following the acquisition of Saksham Gram
Credit Pvt. Ltd., the Group’s combined AUM reached ₹853 crore, with 205 branches and more than 1.6
lakh borrowers. The Group reported consolidated profit after tax of ₹100.17 lakh for the quarter and
₹138.59 lakh for the half-year ended September 30.
About Purple Finance
Purple Finance Limited is registered with the Reserve Bank of India as a non-deposit taking NBFC. The
company forayed into retail secured lending in 2022, when Three Seasoned Professionals partnered
with founder Amitabh Chaturvedi to transform Purple Finance into a digital-first, MSME-focused lender.
Together, this founding team brings over 125 years of combined leadership experience from leading
financial services institutions. Purple Finance now serves micro and small enterprises with secured
business loans, leveraging technology and deep industry expertise to drive responsible growth. The
company is listed on Bombay Stock Exchange.