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RPTECH - Rashi Peripheral

📊 NSE: RPTECH 🏢 Trading 📅 Last Updated: 12/14/2025 11:39

📢 Recent Corporate Announcements

Rashi Peripherals to Attend 11th Annual Valorem Investor Conference on March 23, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 12 Mar 2026, 12:59 PM

Rashi Peripherals Limited (RPTECH) has announced its participation in the 11th Annual Valorem Conference scheduled for March 23, 2026, in Mumbai. The event, titled 'Resilient Corporates, Relentless India,' will feature management interactions with institutional investors and analysts starting at 9:00 AM. This engagement is part of the company's routine investor relations activities to provide updates on business trends. The company has explicitly stated that no unpublished price-sensitive information (UPSI) will be discussed during these interactions.

Participation in the 11th Annual Valorem Conference on March 23, 2026
Management to interact with institutional investors and analysts at Grand Hyatt, Mumbai
The event is scheduled to commence at 9:00 AM IST
Company confirms no unpublished price-sensitive information (UPSI) will be shared

💡 Investors should monitor for any investor presentations or transcripts released following the conference for insights into the company's growth strategy. No immediate action is required as this is a routine disclosure.

Rashi Peripherals Q3 FY26 PAT Surges 132% YoY to ₹75 Cr on Strong Revenue Growth

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 09 Feb 2026, 02:53 PM

Rashi Peripherals reported a robust consolidated revenue growth of 43% YoY to ₹4,030 crores for Q3 FY26, driven by strong demand for personal computing and enterprise solutions. Net profit for the quarter jumped 132% to ₹75 crores, supported by improved margins and strategic inventory management amid global component price hikes. The company expanded its reach with its 55th branch in Solapur and saw a significant improvement in debtor days from 61 to 47. Management highlighted a multi-year technology upgrade cycle fueled by AI-ready devices and Windows 10 end-of-support transitions.

Consolidated Q3 revenue grew 43% YoY to ₹4,030 crores, while PAT surged 132% to ₹75 crores.
Debtor days improved significantly to 47 days from 61 days a year ago, reflecting tighter credit monitoring.
Personal Computing and Enterprise Solutions (PES) contributed 58% of total revenue at ₹6,572 crores for 9M FY26.
The company recognized a ₹4 crore impact due to the new Labour Code and ₹14 crores in ESOP costs for 9M FY26.
Component price hikes, particularly in RAM (2x-3x increase), contributed to higher average selling prices and revenue growth.

💡 Investors should monitor the company's ability to maintain margins as component prices fluctuate and the sustainability of the PC refresh cycle. The improvement in working capital management and expansion into AI-ready solutions are positive indicators for long-term growth.

Rashi Peripherals Releases Q3 FY26 Earnings Call Audio Recording

🟡 NEUTRAL ⭐ 3/10

EARNINGS 📅 04 Feb 2026, 06:07 PM

Rashi Peripherals Limited has officially released the audio recording of its Q3 FY 2025-26 earnings conference call held on February 4, 2026. The call covered the company's unaudited standalone and consolidated financial performance for the quarter and nine-month period ending December 31, 2025. This disclosure provides transparency, allowing investors to hear management's direct commentary on business operations and financial health. The recording is accessible via the company's investor relations website as per SEBI regulations.

Earnings conference call conducted on February 4, 2026, at 11:00 a.m. IST
Covers financial results for the quarter and nine months ended December 31, 2025
Audio recording made available to the public via a direct web link
Compliance maintained under Regulation 30(6) of SEBI (LODR) Regulations, 2015

💡 Investors should listen to the recording to gain insights into management's guidance on the ICT distribution sector and specific margin trends for the upcoming quarters.

RPTECH Q3 Consolidated PAT Surges 132% YoY to ₹746 Mn; Revenue Up 43%

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 03 Feb 2026, 09:57 PM

Rashi Peripherals (RPTECH) reported a stellar Q3 FY26 with consolidated revenue rising 42.6% YoY to ₹40,304 million. Net profit (PAT) grew by 132.4% YoY to ₹746 million, marking the company's highest-ever quarterly profit. This growth was fueled by strong demand and partner stocking ahead of expected price hikes, leading to significant EBITDA margin expansion of 219 bps to 2.95%. For the nine-month period (9M-FY26), consolidated revenue stood at ₹113,380 million with a PAT of ₹1,955 million.

Consolidated Revenue for Q3-FY26 grew 42.6% YoY to ₹40,304 million, driven by strong partner demand.
Consolidated PAT witnessed a massive 132.4% YoY jump to ₹746 million, the highest quarterly profit ever.
EBITDA margins improved significantly by 219 bps YoY to 2.95% in Q3-FY26 due to economies of scale.
The company expanded its footprint by opening a new branch in Solapur, reaching a total of 55 branches and 70 warehouses.
Recognized a ₹41 million impact from new Labour Code regulations and ₹140 million in YTD ESOP costs.

💡 The record-high quarterly profits and significant margin expansion indicate strong operational leverage and market leadership. Investors should monitor if these elevated margins are sustainable beyond the current pre-stocking cycle.

RPTECH Q3-FY26 Results: Revenue Up 43%, Net Profit Surges 132% to Record High

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 03 Feb 2026, 09:54 PM

Rashi Peripherals (RPTECH) delivered a stellar Q3-FY26 performance, with revenue growing 42.6% YoY to INR 40,304 Mn, driven by strong partner stocking ahead of anticipated price hikes. The company reported its highest-ever quarterly Net Profit of INR 746 Mn, a 132.4% YoY increase, while EBITDA margins expanded significantly by 219 bps to 2.95%. Despite a one-time INR 41 Mn impact from new Labour Code regulations and INR 140 Mn in YTD ESOP costs, the company maintained strong operational efficiency. Management successfully leveraged global component shortages and dollar appreciation to drive both volume and value growth.

Q3 Revenue grew 42.6% YoY to INR 40,304 Mn, marking the highest-ever third-quarter sales for the company.
EBITDA surged by 453% YoY to INR 1,189 Mn, with margins expanding 219 bps to 2.95% due to economies of scale.
Net Profit reached a record high of INR 746 Mn, representing a massive 132.4% YoY growth.
Recognized a one-time INR 41 Mn impact arising from increased gratuity and leave liabilities due to new Government Labour Codes.
9M-FY26 performance shows steady growth with Revenue at INR 113,380 Mn and PAT at INR 1,955 Mn.

💡 Investors should take note of the significant margin expansion and record profitability, though they should monitor if the 'pre-stocking' demand in Q3 impacts sales in the following quarter. The company's ability to navigate global supply chain volatility makes it a strong contender in the IT distribution space.

RPTECH Reports Nil Deviation in Utilization of ₹600 Cr IPO Proceeds for Q3 FY26

🟡 NEUTRAL ⭐ 4/10

REGULATORY 📅 03 Feb 2026, 09:38 PM

Rashi Peripherals Limited has confirmed zero deviation in the utilization of funds raised through its ₹600 crore IPO for the quarter ended December 31, 2025. The company has fully utilized ₹326 crore for debt repayment and ₹220 crore for working capital requirements as per the original objects. A small balance of ₹1.61 crore remains under General Corporate Purposes (GCP), with the utilization timeline extended to FY2026. The Audit Committee and CARE Ratings have reviewed and verified these fund movements.

Confirmed NIL deviation in the utilization of ₹600 crore raised via IPO in February 2024.
₹326 crore fully utilized for prepayment or scheduled repayment of outstanding borrowings.
₹220 crore fully deployed towards meeting the company's working capital requirements.
₹6.53 crore spent on General Corporate Purposes (GCP) out of the allocated ₹8.14 crore.
Remaining ₹1.61 crore GCP balance to be utilized by the end of FY2026 following a board-approved timeline extension.

💡 Investors can take comfort in the company's disciplined use of IPO proceeds and transparent reporting. No immediate action is required as the fund deployment aligns with the prospectus and regulatory standards.

RPTECH Q3 PAT Surges 128% YoY to ₹70.3 Cr; Appoints Rajesh Goenka as CEO

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 03 Feb 2026, 09:21 PM

Rashi Peripherals (RPTECH) delivered a robust performance for Q3 FY26, with standalone Revenue from Operations growing 43.5% YoY to ₹3,804.5 crore. Net Profit (PAT) saw a massive jump of 128% YoY, reaching ₹70.28 crore compared to ₹30.83 crore in the same quarter last year. The company also announced strategic leadership changes, appointing Rajesh Goenka as the new CEO for a 5-year term. Furthermore, RPTECH is expanding its global footprint by forming a new step-down subsidiary in the UAE.

Standalone Revenue from Operations rose 43.5% YoY to ₹38,044.96 million in Q3 FY26.
Net Profit (PAT) surged 128% YoY to ₹702.80 million, with Basic EPS rising to ₹10.66 from ₹4.68.
Profit Before Tax (PBT) for the nine-month period reached ₹2,476.96 million, up from ₹1,949.99 million YoY.
Rajesh Goenka appointed as CEO and Whole-Time Director for a 5-year term effective February 3, 2026.
Approved the formation of a 100% step-down subsidiary in the UAE to drive international growth.

💡 The strong earnings growth and leadership clarity are significant positives for the stock. Investors should maintain a positive outlook while monitoring the execution of the new UAE subsidiary and the sustainability of margin improvements.

Rashi Peripherals to Expand in UAE via New Step-down Subsidiary with $500,000 Investment

🟢 POSITIVE ⭐ 6/10

EXPANSION 📅 03 Feb 2026, 09:03 PM

Rashi Peripherals Limited has announced the formation of a 100% step-down subsidiary in Dubai, UAE, through its Singapore-based subsidiary, Rashi Peripherals Pte. Ltd. The new entity, proposed as Rashi Peripherals LLC, will focus on the distribution of Information and Communication Technology (ICT) products. The company has approved an investment of up to US $500,000 for this venture, with an initial paid-up capital of AED 100,000. This move marks a strategic geographic expansion into the Middle Eastern market.

Formation of a 100% step-down subsidiary in Dubai, UAE, approved by the Board.
Total investment by the subsidiary company capped at US $5,00,000.
Initial authorized and paid-up share capital set at UAE Dirham 1,00,000.
The entity will operate in the Information and Communication Technology (ICT) distribution sector.
The new company will be a wholly-owned subsidiary of Rashi Peripherals Pte. Ltd. (Singapore).

💡 Investors should view this as a positive step towards international diversification, though the initial investment is relatively small. Monitor future earnings reports for the revenue contribution and margin profile of the new UAE operations.

Rashi Peripherals Appoints Rajesh Goenka as CEO for 5-Year Term

🟢 POSITIVE ⭐ 7/10

MANAGEMENT 📅 03 Feb 2026, 08:46 PM

Rashi Peripherals has appointed Mr. Rajesh Goenka as its new Chief Executive Officer (CEO) and Whole-Time Director for a five-year term effective February 3, 2026. Mr. Goenka is a company veteran who has been with the firm since 2008 and is credited with maintaining a double-digit CAGR for over 20 years. Additionally, Dr. Indumati Gopinathan, an experienced pathologist and current Independent Director at Thyrocare, has been appointed as an Independent Director. These leadership changes signal a focus on continuity and strengthened corporate governance.

Mr. Rajesh Goenka appointed as CEO and Whole-Time Director for a 5-year term ending February 2, 2031
Mr. Goenka brings over 25 years of experience and has been a key driver of growth at RPTECH since 2008
The company has achieved consistent double-digit CAGR for over 20 years under his strategic leadership
Dr. Indumati Gopinathan joins as an Independent Director, bringing expertise from her role at Thyrocare Technologies
Appointments are subject to the approval of the company's members

💡 The promotion of an internal veteran to the CEO role ensures management continuity and stability. Investors should view this as a positive step for long-term strategic execution given his track record with the company's growth.

RPTECH Q3 PAT Surges 128% YoY to ₹70.3 Cr; Appoints Rajesh Goenka as CEO

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 03 Feb 2026, 08:37 PM

Rashi Peripherals (RPTECH) delivered a robust performance for the quarter ended December 31, 2025, with standalone revenue growing 43.5% YoY to ₹3,804.5 crore. Net profit more than doubled to ₹70.28 crore compared to ₹30.83 crore in the same period last year, reflecting strong operational efficiency. The company also announced the strategic appointment of Rajesh Goenka as CEO for a five-year term and the formation of a new step-down subsidiary in the UAE to drive international expansion. IPO proceeds are nearly fully utilized, with only ₹1.6 crore remaining for general corporate purposes.

Standalone Revenue from Operations increased 43.5% YoY to ₹38,044.96 million in Q3 FY26.
Net Profit (PAT) jumped 128% YoY to ₹702.80 million from ₹308.28 million in Q3 FY25.
Basic Earnings Per Share (EPS) rose to ₹10.66 from ₹4.68 in the corresponding quarter last year.
Rajesh Goenka appointed as CEO and Whole-Time Director for a 5-year term effective February 3, 2026.
Approved the formation of a 100% step-down subsidiary in the UAE to expand global distribution footprint.

💡 Investors should take note of the significant profit growth and the leadership transition, which signals a move toward professional management. The stock remains a growth play in the IT distribution space with new international expansion catalysts.

Rashi Peripherals to Host Q3 FY26 Earnings Call on February 4, 2026

🟡 NEUTRAL ⭐ 3/10

EARNINGS 📅 29 Jan 2026, 12:46 PM

Rashi Peripherals Limited has scheduled its earnings conference call for Wednesday, February 4, 2026, at 11:00 AM IST. The call will focus on discussing the company's unaudited financial results for the third quarter and nine months ended December 31, 2025. Senior leadership, including the CEO, Managing Director, and CFO, will be present to provide operational updates and answer analyst queries. This follows the standard regulatory requirement for post-earnings management interaction.

Earnings conference call scheduled for February 4, 2026, at 11:00 AM IST.
Agenda includes discussion on financial performance for Q3 FY26 and 9M FY26.
Management participation includes CEO Kapal Pansari, MD Rajesh Goenka, and CFO Himanshu Shah.
The call is organized by Monarch Networth and includes international dial-in facilities for global investors.

💡 Investors should monitor the call for management's commentary on demand trends in the ICT distribution sector and margin performance. Reviewing the transcript later is advised if unable to attend the live session.

Rashi Peripherals Reports 100% Demat Shareholding for Quarter Ended Dec 2025

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 06 Jan 2026, 03:53 PM

Rashi Peripherals Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations for the quarter ended December 31, 2025. The company's Registrar, MUFG Intime India Private Limited, confirmed that no rematerialization requests were received during this period. Notably, the entire shareholding of the company is already maintained in dematerialized form. This is a standard procedural disclosure required by Indian stock exchanges to ensure shareholding records are accurate.

Quarterly compliance certificate filed for the period ending December 31, 2025.
100% of the company's equity shares are held in dematerialized form.
Zero rematerialization requests were received from shareholders during the quarter.
The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime).

💡 This is a routine administrative filing with no impact on company fundamentals. No specific action is required from investors based on this announcement.

RPTECH Receives GST Demand and Penalty of Rs. 1.96 Crore for FY 2021-22

🔴 NEGATIVE ⭐ 4/10

REGULATORY 📅 01 Jan 2026, 03:23 PM

Rashi Peripherals Limited (RPTECH) has received an order from the Assistant Commissioner of GST & Central Excise, Chennai, demanding a total of Rs. 1.96 crore. The demand includes a tax component of Rs. 1.78 crore and a penalty of Rs. 17.79 lakh for the financial year 2021-22. The order alleges discrepancies in Input Tax Credit (ITC) claims related to imports and excess ITC availment. The company management intends to contest the order and file an appeal, treating the amount as a contingent liability for now.

Total demand of Rs. 1,95,65,197 including tax and penalty for FY 2021-22.
Major portion of the demand is IGST amounting to Rs. 1.87 crore (including penalty).
Allegations involve wrong availment of Input Tax Credit (ITC) on import of goods.
Management believes the demand is unjustified and is consulting tax experts for an appeal.
The amount will be classified as a contingent liability in the company's financial statements.

💡 Investors should note this as a minor regulatory hurdle; the demand amount is relatively small and unlikely to impact long-term fundamentals. Monitor for updates on the appeal process and any further tax-related disclosures.

RPTECH Shareholders Approve Enhanced Borrowing Limits and Asset Charge Creation

🟢 POSITIVE ⭐ 7/10

FUNDRAISE 📅 29 Dec 2025, 06:40 PM

Rashi Peripherals Limited (RPTECH) has received shareholder approval via postal ballot for two significant special resolutions. The first resolution authorizes the enhancement of borrowing limits under Section 180(1)(c), while the second allows the Board to create charges on company assets to secure these borrowings. Both resolutions passed with overwhelming support, receiving over 99.98% of the votes in favor. This approval provides the company with the necessary financial headroom to leverage its balance sheet for potential expansion or working capital needs.

Resolution to enhance borrowing limits passed with 99.9836% of votes in favor.
Authorization for creation of charge on assets approved with 99.9835% majority.
Total votes polled represented 84.75% of the outstanding shares, indicating high shareholder participation.
Institutional investors showed 100% support for the enhancement of borrowing limits.
The resolutions are deemed passed as of December 27, 2025, the final date of e-voting.

💡 Investors should view this as a positive step toward financial flexibility, though they should monitor future debt levels and interest coverage ratios as the company utilizes these expanded limits. The strong institutional backing suggests confidence in the management's capital allocation strategy.

Rashi Peripherals to Close Trading Window from Jan 1, 2026, for Q3 FY26 Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 27 Dec 2025, 02:58 PM

Rashi Peripherals Limited (RPTECH) has announced the closure of its trading window for all designated persons and insiders starting January 1, 2026. This closure is in compliance with SEBI Insider Trading regulations ahead of the declaration of the company's unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2025. The window will remain closed until 48 hours after the financial results are made public. This is a standard regulatory procedure for listed companies in India before earnings announcements.

Trading window closure effective from January 1, 2026, for all designated persons.
Closure pertains to the financial results for the quarter and nine months ended December 31, 2025.
Trading restriction will be lifted 48 hours after the official declaration of results.
The specific date for the Board Meeting to approve results will be announced separately.

💡 This is a routine regulatory announcement with no direct impact on stock fundamentals. Investors should wait for the announcement of the board meeting date to assess the upcoming quarterly performance.

View All RPTECH Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The core business is expected to grow at 15% YoY. Personal-computing devices, peripherals, and components are the dominant segments, contributing 85% to 90% of total sales. Total operating income reached INR 13,833.37 Cr in FY25, representing a 28.9% growth compared to INR 10,731 Cr in FY24.

Geographic Revenue Split

The company operates primarily in India with a significant international presence through its Singapore-based subsidiary, Rashi Peripherals Pte. Ltd (RPTE). While specific percentage splits per region are not disclosed, the Singapore entity is a key distributor of ICT products for the group.

Profitability Margins

Operating margins have historically ranged between 2.6% and 2.7%. In FY24, the operating margin was 2.64%, which slightly dipped to 2.37% in H1FY25. The company targets a long-term PAT margin of 1.5%, having delivered 1.24% (INR 133 Cr) in FY24 and 1.33% (INR 123.07 Cr) in FY23.

EBITDA Margin

Operating profitability improved to 3.5% in Q1FY26. The company expects to sustain operating margins between 2.8% and 2.9% over the medium term by optimizing operational efficiencies and managing product mix.

Capital Expenditure

The company has no major debt-funded capital expenditure or acquisitions planned over the medium term. It maintains a nil term debt obligation, with cash accruals expected to exceed INR 200 Cr per annum to cushion liquidity.

Credit Rating & Borrowing

CRISIL Ratings maintains a Stable/Positive outlook. Finance costs were reduced by 27.6% to INR 77.54 Cr in FY25 from INR 107.14 Cr in FY24. Interest coverage was healthy at 2.65 times in FY24 and improved to 5.92 times by September 2024.

⚙️ Operational Drivers

Raw Materials

As a distributor, the 'raw materials' are finished ICT products including personal computers, notebooks, mobile phones, wearables, IT consumables, storage products, and networking gear.

Import Sources

Products are sourced globally from principals, with the Singapore subsidiary (RPTE) acting as a key hub for international procurement and distribution.

Key Suppliers

The company is highly dependent on five major principals: Lenovo, Asus, Hewlett-Packard (HP), SanDisk, and Western Digital.

Capacity Expansion

Not applicable as the company follows a distribution and service-led model rather than a manufacturing model.

Raw Material Costs

Cost of goods sold is the primary expense. Inventory levels increased by INR 175.11 Cr in FY25 to support the 28.9% revenue growth.

Manufacturing Efficiency

Efficiency is driven by working capital management; bank limit utilization was moderate at 63.46% for the 12 months through July 2025.

Logistics & Distribution

Distribution is managed through a diversified geographical footprint; costs are controlled through resource optimization and bulk purchase discounts from vendors.

📈 Strategic Growth

Expected Growth Rate

15%

Growth Strategy

Growth is targeted through adding new vendors (recently Samsung and LG), expanding the product basket into wearables and mobile phones, and bidding for large-scale projects like the Yotta deal. The company is also developing a software services division, currently in the startup phase.

Products & Services

Laptops, desktops, smartphones, wearables, printers, networking products, storage devices, UPS, and inverters.

Brand Portfolio

Lenovo, Asus, HP, SanDisk, Western Digital, Samsung, and LG.

New Products/Services

Recent addition of Samsung and LG brands; revenue from these new brands is on an increasing trend. A new software division is currently at the design board stage.

Market Expansion

Expansion is focused on deepening the domestic IT hardware distribution footprint and leveraging the Singapore subsidiary for broader ICT product reach.

Market Share & Ranking

Established market position in the Indian IT hardware distribution business, which is characterized as oligopolistic.

Strategic Alliances

Maintains long-standing distributorship and after-sales service relationships with global IT principals.

🌍 External Factors

Industry Trends

The IT distribution industry is growing due to healthy demand for technology products, though it remains a low-margin, high-volume business with intense competition.

Competitive Landscape

Faces stiff competition from larger established players and newer, less-established brands that provide price competition.

Competitive Moat

Moat is sustained by long-term relationships with top-tier global brands and a robust risk management framework (price protection and forex hedging) that is difficult for smaller players to replicate.

Macro Economic Sensitivity

Sensitive to global IT spending cycles and demand for personal computing hardware.

Consumer Behavior

Increasing consumer demand for mobile phones, wearables, and updated personal computing devices drives volume growth.

Geopolitical Risks

Susceptible to global supply chain disruptions and trade policies affecting the import of ICT components from international principals.

⚖️ Regulatory & Governance

Industry Regulations

Complies with the Companies Act, 2013 and standard internal financial controls; auditors confirmed effective operation of controls as of March 31, 2025.

Taxation Policy Impact

The company paid net income taxes of INR 36.80 Cr in FY25, compared to INR 49.67 Cr in FY24.

⚠️ Risk Analysis

Key Uncertainties

The primary uncertainty is the performance and market share of the top 5 principals, which account for over 70% of sales. A decline in their market position would directly impact the company.