Purple United Sales opens 3 stores, reaches 114 outlets

1 min read     Updated on 01 Jun 2026, 09:03 PM
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Shriram SScanX News Team
AI Summary

Purple United Sales expanded its retail network to 114 stores by opening three new EBOs in Madhya Pradesh during May 2026. The new high street stores in Guna, Gwalior, and Bhopal add 7,000 sq. ft. to the company's total retail area. The North zone continues to lead with 64 stores, while the West zone grew to 27 outlets.

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Purple United Sales has expanded its retail footprint by opening three new Exclusive Brand Outlets (EBOs) in May 2026, bringing its total store count to 114. The new outlets, operating under the Purple United Kids brand, are located in Guna, Chetakpuri in Gwalior, and Vidisha in Bhopal. This expansion is part of the company's strategy to reach new markets and grow its customer base for kids' fashion.

The disclosure was made to the National Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirmed that all three new additions are high street stores. The total super area for these new locations is 7,000 sq. ft., with a corresponding carpet area of 7,000 sq. ft.

Store Expansion Details

The three new stores are concentrated in the state of Madhya Pradesh. The Guna store is located at Business Park on AB Road, occupying 1,100 sq. ft. The Gwalior outlet in Chetakpuri is the largest of the three at 3,100 sq. ft., while the Vidisha store in Bhopal covers 2,800 sq. ft.

Location City Market Category Super Area (sq. ft.) Carpet Area (sq. ft.)
Business Park, AB Road Guna High Street 1,100 1,100
Chetakpuri Gwalior High Street 3,100 3,100
Vidisha Bhopal High Street 2,800 2,800
Total 7,000 7,000

Operational Footprint

With the addition of these three stores, the company's total EBO count stands at 114 as of May 31, 2026. The majority of the company's retail presence is in the North zone, which houses 64 stores. The West zone follows with 27 stores, including the three new additions in May. The East and South zones have 18 and five stores respectively.

Punjab remains the state with the highest number of outlets at 29, followed by Madhya Pradesh with 16 stores. The company's retail network spans 20 states, with a strong emphasis on high street locations, which constitute 91% of its market categories compared to mall stores at 23%.

Historical Stock Returns for Purple United Sales

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%-4.76%+43.27%-16.90%+32.68%+89.45%

How will the concentrated expansion in Madhya Pradesh impact Purple United's market share in the region compared to competitors?

Does the company plan to address the underrepresentation in the South and East zones with similar expansion strategies in the near future?

What is the expected revenue contribution from these new stores in the first fiscal year following their opening?

Purple United Sales Revenue Jumps 65% to ₹170 Cr in FY26

3 min read     Updated on 22 May 2026, 12:24 PM
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Purple United Sales Limited released the transcript of its earnings call for the half-year and full year ended March 31, 2026. The company reported a 65% YoY increase in revenue from operations to ₹17,063.21 lakhs and a 76% jump in EBITDA to ₹3,658.80 lakhs. Operational highlights include the expansion of the retail network to 111 EBOs and a strategic shift towards retail and D2C channels, which now contribute 40% of the business. The company also detailed the utilization of IPO proceeds and affirmed its target to double store count in the coming year.

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Purple United Sales Limited has released the transcript of its earnings call for the half-year and full year ended March 31, 2026. The call was held with investors and analysts on May 15, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Management discussed the company's operational and financial performance, highlighting significant expansion and profitability improvements.

Financial Performance Overview

Purple United Sales delivered robust growth in revenue and profitability for the full year ended March 31, 2026. Total income for the full year reached ₹17,153.45 lakhs, compared to ₹10,315.51 lakhs in the previous year. Revenue from operations for the full year stood at ₹17,063.21 lakhs, up from ₹10,312.75 lakhs. EBITDA grew by 76% to ₹3,658.80 lakhs from ₹2,073.07 lakhs, while Net Profit After Tax increased by 45% to ₹1,519.45 lakhs from ₹1,047.44 lakhs. The following table summarises the key financial metrics:

Metric: H2 FY26 (Mar 31, 2026) H2 FY25 (Mar 31, 2025) YoY % FY26 (Full Year) FY25 (Full Year) YoY %
Revenue from Operations: ₹10,990.45 lakhs ₹7,262.65 lakhs 51% ₹17,063.21 lakhs ₹10,312.75 lakhs 65%
Total Income: ₹11,051.35 lakhs ₹7,263.47 lakhs 52% ₹17,153.45 lakhs ₹10,315.51 lakhs 66%
Total Expenses: ₹8,680.77 lakhs ₹5,903.55 lakhs 47% ₹13,494.66 lakhs ₹8,242.44 lakhs 64%
EBITDA: ₹2,370.58 lakhs ₹1,359.92 lakhs 74% ₹3,658.80 lakhs ₹2,073.07 lakhs 76%
Net Profit After Tax: ₹1,014.14 lakhs ₹718.17 lakhs 41% ₹1,519.45 lakhs ₹1,047.44 lakhs 45%

Operational Highlights

The company expanded its retail network to 111 Exclusive Brand Outlets (EBOs) as of April 30, 2026, up from 86 at the end of H1 FY26 and 43 as of March 31, 2025. This expansion was supported by a cluster-led rollout strategy. The retail footprint spans 1.65 lakh square feet across 22 states and 50 plus cities. CRISIL Ratings assigned a long-term rating of BBB-/Stable on the company's bank loan facilities. The company highlighted footwear as a margin accelerator, delivering apparel-like margins by leveraging existing store space.

Strategic Initiatives and Outlook

Management emphasized a strategic shift towards controlled business channels, specifically retail and D2C, which now contribute 40% and are projected to exceed two-thirds of the total business. The company revamped its website to the Shopify platform, resulting in a 59% quarter-on-quarter revenue growth in e-commerce. Average Selling Prices (ASPs) in the D2C business increased by 35-40%. The company aims to double its store count in the coming year, targeting over 200 stores, and is exploring AI-oriented predictive tools for retail planning.

Balance Sheet and IPO Proceeds

The company's total assets as at March 31, 2026 stood at ₹23,197.33 lakhs, compared to ₹13,110.43 lakhs as at March 31, 2025. Shareholders' funds increased to ₹7,572.68 lakhs from ₹6,053.22 lakhs. Regarding IPO proceeds, the company received gross proceeds of ₹3,281.04 lakhs, with net proceeds of ₹2,893.01 lakhs. The statutory auditors confirmed no deviation from the objects stated in the offer document. The utilisation of IPO proceeds as at March 31, 2026 is summarised below:

Object: Projected Utilisation (₹ Lakhs) Actual Utilisation till Mar 31, 2026 (₹ Lakhs)
Issue Expenses: 388.03 388.03
Working Capital Requirements: 1,800.00 1,800.00
Expenditure for Opening New Stores: 535.40 535.40
General Corporate Purpose: 557.61 557.26
Total: 3,281.04 3,280.69

The remaining unutilised amount of ₹0.35 lakhs is held in an Escrow account maintained with Axis Bank Ltd.

Historical Stock Returns for Purple United Sales

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%-4.76%+43.27%-16.90%+32.68%+89.45%

Can Purple United Sales sustain its 65% revenue growth trajectory as it scales toward 200+ stores, or will margin compression emerge from accelerated expansion costs?

How will the company fund its store doubling target beyond IPO proceeds, and is a follow-on equity raise or debt financing being considered?

As D2C and retail channels approach two-thirds of total business, what is the exit strategy for wholesale/distributor partnerships and how might channel partners respond?

More News on Purple United Sales

1 Year Returns:+32.68%