Purple Style Labs Limited (PERNIASPOP)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Purple Style's revenue was ₹119 Cr (+12.7% year on year, -22.4% on the previous quarter), and net profit ₹-881 Cr (a bigger loss than a year earlier); the operating margin was -11.5%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹119 | +12.7% | -22.4% |
| Operating profit | ₹-13.8 | loss widened | to loss |
| Net profit | ₹-881 | loss widened | loss widened |
| EPS (₹) | -12.92 | loss narrowed | loss widened |
| Operating margin | -11.5% | — | — |
PERNIASPOP delivery percentage
NSE end-of-day data for
On Fri, 23 Oct 2026, 61.42% of the PERNIASPOP shares traded on NSE were taken to delivery, against the stock's own 20-session average of 45.63%. The price fell 3.19% on that unusually high delivery, the pattern the delivery dashboard labels distribution. It traded 2.4 times its average daily volume.
Delivery in the last 5 sessions: 52.5% · 46.7% · 45.4% · 66.9% · 61.4%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Purple Style Labs Limited released the transcript for its maiden earnings conference call following its listing, covering Q1 FY27. Platform Gross Merchandise Value (GMV) reached ₹722 crore in FY26, driven primarily by Mumbai (₹205 crore) and Delhi (₹166 crore). The company's average order value (AOV) expanded from ₹46,000 in FY24 to ₹76,000 in FY26, reaching ₹86,000 in Q1 FY27. Management highlighted that reaching operational EBITDA breakeven requires gross profit (GP) to expand to ₹55 crore on a standard basis, or cover an additional ₹29 crore of cash lease commitments.
- Platform GMV grew to ₹722 crore in FY26, with Mumbai contributing ₹205 crore and Delhi ₹166 crore
- Average Order Value (AOV) increased to ₹86,000 in Q1 FY27, up from ₹76,000 in FY26 and ₹46,000 in FY24
- Company manages over 1,100 active designer brands and 2 lakh plus SKUs on its platform
- Management noted a gross profit level of ₹55 crore is needed to achieve zero EBITDA before lease adjustments
- Cash lease payments and interest combined stood at ₹29 crore, while P&L lease-related costs reached ₹45 crore
Purple Style Labs published its Q1 FY27 investor presentation following its recent IPO. For the quarter ended June 30, 2026 (3MFY27), revenue from operations grew 13% YoY to ₹119.4 crore compared to ₹105.7 crore in Q1 FY26, but the net loss remained elevated at ₹88.1 crore (vs ₹100.4 crore loss in Q1 FY26). The balance sheet shows negative total equity of -₹132.6 crore as of June 2026, alongside short-term borrowings rising to ₹436.4 crore. Total GMV reached ₹722 crore in FY26, driven by higher average order values of ₹76,000 as the company focused on luxury over mass premium.
- Revenue from operations stood at ₹119.4 crore for 3MFY27 compared to ₹105.7 crore in 3MFY26
- Net loss for 3MFY27 was ₹88.1 crore vs a loss of ₹100.4 crore in 3MFY26 and ₹285.4 crore for full-year FY26
- Negative net worth deteriorated to -₹132.6 crore as of June 30, 2026, with current borrowings at ₹436.4 crore
- Average Order Value (AOV) expanded to ₹76,000 in FY26 from ₹56,000 in FY25 as total GMV hit ₹722 crore
- Cash used in operating activities was -₹19.0 crore in 3MFY27 compared to -₹55.0 crore in 3MFY26
Purple Style Labs reported its unaudited standalone financial results for Q1 ended June 30, 2026, marking its first results submission post-listing. Revenue from operations stood at ₹182.62 million, down slightly from ₹186.11 million in Q1 FY25 and down from ₹269.22 million in Q4 FY26. Standalone net loss narrowed sharply to ₹30.32 million from a loss of ₹465.16 million in the year-ago period, aided by reduced exceptional ESOP expenses of ₹69.18 million. The company completed its ₹6,800 million IPO post quarter-end on September 7, 2026.
- Q1 Standalone revenue from operations stood at ₹182.62 million vs ₹186.11 million YoY
- Net loss narrowed to ₹30.32 million compared to ₹465.16 million in Q1 FY25
- Exceptional items towards ESOP expenses were ₹69.18 million vs ₹517.07 million in Q1 FY25
- Raised ₹6,800.00 million through an IPO of 11,826,086 shares at ₹575 per share, listed on Sept 7, 2026
Purple Style Labs Limited has approved an investment of USD 7 million (approximately INR 530 million) to acquire 7 million Class B Common Stock of its wholly owned subsidiary, Purple Style Labs USA, Inc. The funding will be primarily sourced from the company's recent IPO net proceeds as outlined under general corporate purposes. PSL USA operates a retail physical experience centre under 'Pernia's Pop-Up Studio' in New York City and reported a turnover of USD 11.58 million from April 16, 2025, to March 31, 2026. The transaction is subject to authorized dealer bank approval under FEMA rules and is targeted for completion within 30 days of approval.
- Investment size of USD 7 million (7 million Class B Common Stock at USD 1 par value)
- Primarily funded via IPO net proceeds to the extent of INR 530 million
- Purple Style Labs USA, Inc. reported a turnover of USD 11.58 million for the period April 16, 2025 to March 31, 2026
- Shareholding remains at 100% post-transaction
- Completion scheduled within 30 days of receiving authorized dealer bank approval under FEMA rules
Purple Style Labs Limited has approved an investment of ₹420 Crores into its wholly owned material subsidiary, PSL Retail Private Limited (PSLR), via a rights issue. The transaction involves acquiring 42 crore equity shares of face value ₹10 each at an issue price of ₹10 each using proceeds from its recent IPO. The funds will be deployed towards lease liabilities for PSLR's experience centers and back-end offices in India, as well as general corporate purposes. The acquisition is scheduled to be completed between September 19, 2026, and September 25, 2026.
- Board approved ₹420 Crores investment into PSL Retail Private Limited via a rights issue
- Acquisition of 42 Crores equity shares at face value and issue price of INR 10 each
- Proceeds utilized from IPO fresh issue in accordance with stated prospectus objectives
- Target entity PSL Retail reported FY26 revenue from operations of INR 5,557.38 million
- Transaction scheduled for completion between September 19, 2026, and September 25, 2026
Purple Style Labs Limited has submitted a disclosure under Regulation 30(5) of the SEBI Listing Regulations on September 7, 2026. The company authorized Ms. Gulshan Mumtaz Khan (Company Secretary and Compliance Officer) and Mr. Umesh Pawan Choudhary (Chief Financial Officer) to determine the materiality of events and make relevant disclosures to stock exchanges. These actions are to be taken in consultation with Mr. Abhishek Agarwal, Whole-time Director and Chief Executive Officer. The filing is an administrative regulatory update with no direct financial impact.
- Disclosure filed on September 07, 2026, under Regulation 30(5) of SEBI LODR Regulations
- Authorizes CS Gulshan Mumtaz Khan and CFO Umesh Pawan Choudhary to determine materiality and make stock exchange filings
- Actions to be conducted in consultation with Whole-time Director & CEO Abhishek Agarwal
- Contact designated at phone +91 22 5033 3600 and Investor Relations email
Purple Style Labs Limited has submitted a disclosure under Regulation 30(5) of the SEBI Listing Regulations outlining personnel authorized to determine materiality of events. Company Secretary Gulshan Mumtaz Khan and CFO Umesh Pawan Choudhary are designated to act in consultation with Whole-time Director & CEO Abhishek Agarwal. This is a standard statutory compliance filing with no impact on operations, earnings, or corporate strategy.
- Disclosure submitted pursuant to Regulation 30(5) of SEBI LODR Regulations, 2015
- Company Secretary Gulshan Mumtaz Khan authorized in consultation with CEO Abhishek Agarwal
- CFO Umesh Pawan Choudhary designated in the absence of the Company Secretary
- Announcement dated September 07, 2026 under NSE symbol PERNIASPOP and BSE code 544901
Purple Style Labs Limited has announced the closure of its trading window for designated persons and insiders effective September 07, 2026. The closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations for the upcoming consideration of financial results for the quarter ended June 30, 2026, and the half year ended September 30, 2026. The window will remain closed until 48 hours after the declaration of the financial results. The specific date for the board meeting to approve these results will be intimated separately.
- Trading window closure takes effect from Monday, September 07, 2026.
- Closure applies to financial results for the quarter ended June 30, 2026, and half year ended September 30, 2026.
- Restriction remains in place until 48 hours after the formal declaration of financial results.
- Specific board meeting dates for considering the results will be announced at a later stage.
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