Purple Wave Infocom Reports Strong FY26 Financials

Revenue grew to Rs 146.10 crore, while Profit After Tax (PAT) reached Rs 13.43 crore in FY 2025-26.

Reader Takeaway: Strong revenue and margin expansion offset by a Rs 8.39 crore GST dispute with DGGI.

What just happened

Purple Wave Infocom Limited has published its Annual Report for the fiscal year ended March 31, 2026. The company successfully executed its BSE SME IPO in December 2025 and finalized the incorporation of its subsidiary, Nano Theatre Private Limited, in March 2026. The board has scheduled the 19th Annual General Meeting for September 25, 2026, where shareholders will vote on related-party transaction limits of Rs 15 crore each for the upcoming fiscal year.

Why this matters

The company’s profitability outpaced its revenue growth, with PAT surging over 48% from Rs 9.06 crore in FY25 to Rs 13.43 crore in FY26. EBITDA margins saw a notable improvement, rising to 13.5% from 11.0% the previous year, signaling operational efficiency gains in its Pro-AV integration and SaaS platform divisions.

Risks to watch

Auditors M/s Andros & Co. have issued an unmodified report but included an 'emphasis of matter' concerning a Rs 8.39 crore GST demand raised by the DGGI for the 2020-2025 period. While management maintains the claim is unsustainable based on internal legal consultation, this remains a key regulatory uncertainty for investors.

Context metrics

Revenue stood at Rs 146.10 crore (vs Rs 127.75 crore in FY25). The Basic EPS improved to Rs 14.52 from Rs 13.43 in the previous year. Nano Theatre Private Limited has yet to commence operations, with minimal impact on the consolidated financial statements for the current period.

What to track next

Monitor the outcomes of the 19th AGM regarding the proposed related-party transactions and any updates regarding the ongoing GST litigation with the DGGI.