Purple Style Labs Limited · NSE:PERNIASPOP
Purple Style Labs — Q1 FY27 Earnings Presentation
28 slides from Purple Style Labs's earnings presentation, Sep 24, 2026
Slide 1: Exchange filing cover letter
Date: September 24, 2026 To, To, The Listing Department, Department of Corporate Services National Stock Exchange of India Ltd BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex,Bandra (E) Dalal Street, Fort, Mumbai – 400 051 Mumbai - 400 001 NSE Symbol: PERNIA
Slide 2: Purple Style Labs Investor Presentation – Q1 FY26-27
PURPLE STYLE LABS INVESTOR PRESENTATION – Q1 FY26-27
Slide 3: Disclaimer
Disclaimer This Presentation is prepared by Purple Style Labs Limited (“Company”) and is for information purposes only without regards to specific objectives, financial situations or needs of any particular person and is not and nothing in it shall be construed as an invitation, offer, solicitation,
Slide 4: Pernia's Pop-Up Shop – A Global Platform for Indian Luxury Brands
Pernia’s Pop-Up Shop – A Global Platform for Indian Luxury Brands E-COMMERCE PLATFORM EXPERIENCE CENTRES 20Mn 45% 14 11 New York & London Annual Unique Visitors International Traffic Locations Cities International Studios 200k+ 1100+ Customers served Designer Brands in the last 3 years 200k+ Wider C
Slide 5: Our Journey – From a modest website to a giant omni-channel platform
Our Journey – From a modest website to a giant omni-channel platform Acquired the platform and opened first Crossed INR 500 Cr Opened 2 Large Format ECs in NY, USA and Experience Centre( EC) in Juhu, Mumbai Opened first large format EC in Mehrauli Revenue mark Linking Road, Mumbai 2018 2022 2024 202
Slide 6: We focus on creating value over long term for all our stakeholders
We focus on creating value over long term for all our stakeholders (in INR Cr) 558 Time Period Share Price* Primary Raise Post-money Valuation# Revenue (in INR Cr) 504 490 Oct-15 to Oct-16 ₹5 3 8 Mar-18 to Oct-18 ₹20 17 58 369 Dec-18 to May-19 ₹32 17 111 Jul-19 to Nov-21 ₹57 70 267 Feb-22 to May-22
Slide 7: Short-term turbulence is the price of long-term compounding
Our vision is to build a Global Luxury House from India Short-term turbulence is the price of Long-term compounding “As a company, we are always committed to the long-term vision, even when, every few years, that choice causes turbulence in the short term.”
Slide 8: Undertaken generational leaps to remain ahead of the curve
Undertaken Generational leaps to remain ahead of the curve 1st GEN 2nd GEN 3rd GEN FY 19-21 FY 22-24 FY 25-29 Laid the foundation Scaled the footprint Optimised the platform • Transformed Pernia’s Pop-Up Shop • Scaled the presence of ECs to 13 • Trimmed the long tail of both to an omni-channel platf
Slide 9: Omni-channel + Multi-Geography = Growth Strategy
Omni-channel + Multi-Geography = Growth Strategy Brick by Brick Day by Day One win at a time “Since the acquisition of Pernia’s Pop-Up Shop by PSL in Feb 2018, we have built a dominant omni- channel global distribution for Indian Designer Brands. The platform leverages strengths of both online and o
Slide 10: Geographical distribution growth over last 8 years
Geographical distribution growth over last 8 years 1st GEN 2nd GEN 3rd GEN GEOGRAPHY - GMV FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Mumbai 5 14 11 40 96 127 122 205 Delhi 1 3 2 17 85 127 125 166 INDIA EXPERIENCE CENTRES Hyderabad - - 3 10 19 28 43 48 Ahmedabad - - - - 21 27 31 30 Rest of India* 0.1 3
Slide 11: AOV and GMV growth in the last 8 years
AOV and GMV growth in the last 8 years 1st GEN 2nd GEN 3rd GEN 76 AOV 622 588 722 (in INR ‘000) 56 GMV 466 (in INR Cr) 46 39 31 27 25 22 234 57 66 23 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 PARTICULARS FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 GMV (in INR Cr) 23 57 66 234 466 622 588 722 No. Of Orders
Slide 12: Trimming the Long Tail, Sharpen focus on Luxury
Our business strategy in the 3rd Generation Trimming the Long Tail Sharpen focus on Luxury “Since FY25, we have implemented a comprehensive strategy of eliminating the mass premium long tail on both the designers and customer sides of the platform.”
Slide 13: Optimizing the platform to build a loyal customer base
Optimizing the platform to build a loyal customer base REPEAT CUSTOMERS % AVERAGE GMV PER CUSTOMER (in INR ‘000) 1st GEN 2nd GEN 3rd GEN 1st GEN 2nd GEN 3rd GEN 108 28% 29% 83 22% 19% 67 59 15% 14% 46 34 35 32 7% 0% FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 PART
Slide 14: Increase wallet share from the high-value customers
Increase wallet share from the high-value customers AVERAGE GMV OF TOP 10K CUSTOMERS (in INR ‘000) AVERAGE GMV OF TOP 50K CUSTOMERS (in INR ‘000) 1st GEN 2nd GEN 3rd GEN 1st GEN 2nd GEN 3rd GEN 140 406 342 113 113 329 261 88 154 47 34 35 32 53 59 34 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY19 FY20
Slide 15: Building depth on focus categories to drive higher ROI
Building depth on focus categories to drive higher ROI 1st GEN 2nd GEN 3rd GEN Category GMV (in INR Cr) FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Womenswear (Upto INR 35k) 12 24 32 101 141 162 112 86 Womenswear (INR 35k-1 lakh) 7 13 14 57 116 136 137 163 GMV Womenswear (Above INR 1 lakh) 1 3 7 36 122
Slide 16: Strengthen luxury positioning with focus categories
Strengthen luxury positioning of the platform with focus categories CATEGORY-WISE GMV DISTRIBUTION 1st GEN 2nd GEN 3rd GEN Others (including Jewelery, Accessories and Kidswear) 8% 7% 6% 4% 13% 10% 16% Menswear 2% 28% 7% 11% 15% 19% 18% 5% 3% 10% 15% 3% 26% Womenswear (Above INR 1 lakh) 29% 4% 30% 22
Slide 17: We invested heavily in FY26, returns compound from FY27
FY27 – 9th year of Pernia’s Pop-Up Shop growth journey We invested heavily in FY26 Returns compound from FY27 “In FY26, we have opened 4 large format experience centres, all in major relevant locations. Fort Mumbai and South-Ex Delhi locations have been fully operational since Q2FY26 and Madison Ave
Slide 18: 3M FY27 Performance summary
3M FY27 Performance summary AOV GMV INVENTORY NWC* INR INR 174 Cr INR INR 159 Cr INR 86K INR INR 193Cr 105 Cr 66K INR 133 Cr 66 Cr Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 * NWC - Net Working Capital refers to sum of Inventories and Trade Receivables deducted by Trade Payables
Slide 19: 3M FY27 – Trajectory of Geographical distribution
3M FY27 – Trajectory of Geographical distribution (in INR Cr) GEOGRAPHY Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 FY 26 3M FY26 3M FY27 Mumbai 28 49 63 65 205 28 50 Delhi 29 43 44 50 166 29 39 INDIA EXPERIENCE CENTRES Hyderabad 10 11 13 14 48 10 16 Ahmedabad 5 7 10 8 30 5 4 Rest of India* 18 21 26 25 90 18 29
Slide 20: Financials Summary - Highlights
Financials Summary - Highlights (in INR Cr) PARTICULARS FY23 FY24 FY25 FY26 3MFY26 3MFY27 Total GMV 466 622 588 722 133 193 Average Order Value (AOV) in INR ‘000 39 46 56 76 66 86 Revenue from operations 369 504 490 558 106 119 Advance from Customer 34 33 40 39 37 49 Gross Profit 155 207 206 209 38
Slide 21: Financials Summary – GP to EBITDA Bridge
Financials Summary – GP to EBITDA Bridge (in INR Cr) PARTICULARS FY23 FY24 FY25 FY26 3MFY26 3MFY27 Revenue from operations 369 504 490 558 106 119 Gross Profit 155 207 206 209 38 43 Gross Profit % 42% 41% 42% 38% 36% 36% Salary Expenses 44 59 66 82 18 25 Salary Expenses as % of Revenue 12% 12% 14% 1
Slide 22: Financials Summary – EBITDA to PAT Bridge
Financials Summary – EBITDA to PAT Bridge (in INR Cr) PARTICULAR FY23 FY24 FY25 FY26 3MFY26 3MFY27 EBITDA 2 32 42 30 -4 -11 EBITDA % 1% 6% 9% 5% -4% -9% Interest on Lease Liability 16 24 27 49 12 15 Depreciation of right of use assets 26 34 40 88 19 30 Other Finance Cost 9 17 26 48 9 19 Depreciation
Slide 23: Glossary
Glossary PPUS Pernia’s Pop-Up Shop (Online) or Pernia’s Pop-Up Studio (Experience Centres) PPUS GMV or GMV It represents the monetary value of processed goods attributed to the specified categorisation such as product category, customers, designers, and regions. It is calculated at the maximum retai
Slide 24: Annexure: Consolidated Financial Statements
Annexure Consolidated Financial Statements
Slide 25: Profit and Loss Statement
Profit and Loss Statement (in INR Cr) PARTICULARS Q1FY26 Q4FY26 FY26 3MFY26 3MFY27 Income Revenue from operations 105.7 154.4 557.8 105.7 119.4 Other Income 1.3 2.6 9.3 1.3 2.5 Total Income 107.0 157.0 567.1 107.0 121.9 Expenses Cost of materials consumed 0.5 0.4 2.1 0.5 0.4 Purchases of stock-in-tr
Slide 26: Balance Sheet Statement
Balance Sheet Statement (in INR Cr) ASSETS Q1 FY26 Q4 FY26 Q1 FY27 LIABILITIES Q1 FY26 Q4 FY26 Q1 FY27 PARTICULARS Jun-25 Mar-26 Jun-26 PARTICULARS Jun-25 Mar-26 Jun-26 Non Current assets Equity Property, Plant and Equipment 35.9 77.1 74.1 Equity Share capital 0.1 68.2 68.2 Right-to-use assets 307.4
Slide 27: Cashflow Statement
Cashflow Statement (in INR Cr) PARTICULARS Q1FY26 Q4FY26 FY26 3MFY26 3MFY27 Net Profit Before Tax (100.4) (63.0) (285.4) (100.4) (88.1) Adjustments for: Non Cash Items / Other Investment or Financial Items 99.4 66.4 324.2 99.4 79.3 Operating profit before working capital changes (1.0) 3.4 38.8 (1.0)
Slide 28: Contact Us
Contact Us COMPANY INVESTOR RELATIONS ADVISOR Purple Style Labs Limited Strategic Growth Advisors Pvt. Ltd. Abhishek Agarwal Mr. Rahul Agarwal / Mr. Devraj Ghatge investor.relations@purplestylelabs.com +91 9821438864 / +91 9168723907 www.purplestylelabs.com www.sgapl.net