BSE: 544627
PURPLE WAVE INFOCOM LIMITED
Operates in digital professional audio-visual (PRO AV) — trading, distribution and integration of LED display and video wall products, with manufacturing added at a new facility in IMT Manesar, Gurgaon in May 2026. FY26 revenue was Rs 146.10 crore, up 14.4% from the prior year, and the business historically ran only on trading and distribution, so direct materials account for just 2.7% of revenue, while employee costs (5.1%) and other operating expenses (4.1%) make up the disclosed operating cost lines. Capital expenditure ran at 9.6% of revenue, funded in part by an IPO in December 2025 that raised Rs 31.45 crore at 6-7 times subscription. IPO proceeds were deployed to buy a commercial office and product display space at Unit 810A, 8th Floor, Neo Square, Sector-109, Gurugram (Rs 12.91 crore), repay a loan of Rs 10 crore, and cover Rs 4.59 crore of issue expenses. The co-founder and CEO Mrs. Sandhya Singh has 18 years of experience in the AV industry. The company is BSE SME-listed and is classified under Industrial Manufacturing / Industrial Products. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Trading and distribution of PRO AV products, Digital PRO AV integration, Manufacturing. BSE SME-listed digital PRO AV trading, distribution and integration business that has recently begun manufacturing LED displays and video walls.
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 146 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 14.52 |
| ROE % · ROCE % | — · 32.2 |
| Debt / equity (x) | — |
| Cash from operations | (11) |
| Capex | (14) |
Exhibit 2: Quarterly performance, last 1 quarters
| ₹ crore | Q4 FY26 |
|---|---|
| Revenue | 68 |
| Profit before tax | 9 |
| Net profit | — |
| EPS (₹) | 7.14 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 46,786 | 97.2 | 24.93 | 80.7 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 29,194 | 78.7 | 9.52 | 50.8 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 27,680 | 50.5 | 6.20 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 22,459 | 64.9 | 4.72 | 31.9 | 7.6 | 9.8 | — | 17.1 |
| JYOTI CNC AUTOMATION LTD | 21,078 | 65.5 | 10.53 | 37.3 | 16.8 | 19.2 | — | 22.2 |
| LMW LIMITED | 17,356 | 99.3 | 6.05 | 56.2 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 13,374 | 469.7 | 3.93 | 40.0 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,314 | 48.4 | 7.32 | 50.2 | 11.7 | 11.5 | — | 15.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 54.5 | 26.5 | 95 of 130 | 27% |
| ROCE | 30.0 | 11.3 | 11 of 142 | 93% |
| Market cap | 360 | 279 | 66 of 141 | 54% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 13 Oct 2026 · Purple Wave Infocom appoints Finportal as Investor Relations advisor | general | low | — | — |
| 10 Oct 2026 · RTA certificate under SEBI Reg 74(5) for July-September 2026 quarter | compliance | minimal | — | — |
| 28 Sept 2026 · Trading Window Closed from October 1 Ahead of Half-Year Results | compliance | minimal | — | — |
| 26 Sept 2026 · Purple Wave Infocom 19th AGM: All 5 resolutions passed with 100% approval | compliance | minimal | — | — |
| 25 Sept 2026 · 19th AGM held; 5 resolutions including Rs 30 cr related party deals | board shareholder meetings | medium | — | — |
| 17 Sept 2026 · Purple Wave gets Rs 5.09 cr work order for LED and display solutions at CRC Project, Noida | business updates | medium | — | — |
| 8 Sept 2026 · Corrigendum to Annual Report for Clerical Error | compliance | minimal | — | — |
| 3 Sept 2026 · Newspaper publication of 19th AGM notice | compliance | minimal | — | — |
| 2 Sept 2026 · Annual Report FY 2025-26 and 19th AGM notice filed with BSE | compliance | medium | — | — |
| 2 Sept 2026 · Purple Wave 19th AGM on Sept 25; two RPT approvals of Rs 15 Cr each | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.