RPTECH
Rashi Peripherals share price & financials
- Price
- ₹750.65
- Market cap
- ₹5.9k Cr
- Sector
- Information Technology
- Calls analysed
- 6
Rashi Peripherals Limited Q1 FY27
What went well
- Consolidated revenue grew 62% year-on-year to ₹5,102 crores, demonstrating strong top-line performance.
- Consolidated PAT increased by 69% to ₹105 crores, indicating profitable growth.
- Achieved highest annualized ROCE of 19.5% and ROE of 19.8% since listing, reflecting capital-efficient growth.
What to watch
- Pockets of consumer affordability pressures are anticipated in the second half of the fiscal year.
- Potential risk of supply constraints (due to pricing and global AI demand) impacting volumes in H2 FY27.
What Rashi Peripherals Limited does
Rashi Peripherals (RP Tech) is a national distributor of information and communication technology (ICT) products in India, acting as the intermediary between global OEM technology brands and a nationwide network of channel partners, retailers and enterprise/institutional buyers. It operates through two verticals: Personal Computing & Enterprise Solutions (PES), which delivers bundled enterprise and cloud technology with pre- and post-sales support to government, data-centre, BFSI and education customers, and Lifestyle & IT Essentials (LIT), which distributes consumer peripherals, accessories, gaming gear and wearables through a fast-turnover retail model. It earns distribution margins by sourcing products from global OEM brands and routing them through General Trade, Modern Trade and E-Commerce channels, supported by warehousing, logistics, after-sales service, warranty/RMA management and channel financing. The company has also moved into semiconductor distribution through newly formed subsidiaries in India and Singapore.
Segments
- Personal Computing & Enterprise Solutions (PES)
- Lifestyle and IT Essentials (LIT)
- Global technology brand partnerships
- 78
- Distribution partners / B2B customers
- 10,300+
- Pan-India distribution locations
- 701
- Branch offices
- 55
- Warehouses
- 71
- Service centres
- 50
Guidance record · Q1 FY27
what the last two calls moved 13 tracked 5 delivered 1 missed 7 open- Return on Equity (ROE) delivered said Q4 FY25 Promised: Jump to 15% in 1-2 years from 12.6% Q1 FY27: Annualized ROE for Q1 FY27 reported at 19.8%, significantly exceeding the 15% target well within the 1-2 year timeframe.
- Dell Business Revenue delayed said Q2 FY26 Promised: Substantial execution/revenue in Q3, accelerated growth in Q4 Q1 FY27: No specific update provided. This promise has been superseded by the new FY27 target of achieving double-digit share.
- Return on Capital (ROC) on track said Q3 FY26 Promised: Get back to the pre-IPO level in the next 2 to 3 years Q1 FY27: Annualized ROCE for Q1 FY27 reported at 19.5%, the highest since listing. This demonstrates strong progress towards returning to pre-IPO levels.
All 13 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 61.9%, net profit up 69.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,706 | 2,826 | 2,973 | 3,152 | 4,155 +12% | 4,030 +43% | 4,489 +51% | 5,102 +62% |
| EBITDA | 99 | 21 | 94 | 104 | 104 +5% | 119 +467% | 133 +41% | 155 +49% |
| Net profit | 70 | 32 | 53 | 62 | 59 −16% | 75 +134% | 87 +64% | 105 +69% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +175.7% 1Y
1Y: ₹297.25 on 10 Sept 2025 → ₹819.65. High ₹902.85 (5 Aug 2026), low ₹297.25 (10 Sept 2025).
How the price took the results
close before → close after
- Q1 FY27
- +3.7%
- 5 Aug
- Q4 FY26
- −1.5%
- 15 May
- Q3 FY26
- +6.2%
- 4 Feb
- Q2 FY26
- +2.1%
- 14 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 19.4% a year over 2 years, FY24 to FY26. Operating margin held at 2.9%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹11.1k Cr | ₹13.8k Cr | ₹15.8k Cr |
| Operating profit | ₹293 Cr | ₹297 Cr | ₹460 Cr |
| Operating margin | 2.6% | 2.2% | 2.9% |
| Interest | ₹107 Cr | ₹78 Cr | ₹106 Cr |
| Depreciation | ₹19 Cr | ₹17 Cr | ₹21 Cr |
| Net profit | ₹144 Cr | ₹210 Cr | ₹283 Cr |
| Net margin | 1.3% | 1.5% | 1.8% |
| Cash from operations | ₹-102 Cr | ₹-299 Cr | ₹114 Cr |
| Free cash flow | ₹-109 Cr | ₹-307 Cr | ₹106 Cr |
| ROCE | 14.0% | 14.0% | 17.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹1 Cr | ₹21 Cr | ₹21 Cr | ₹33 Cr | ₹33 Cr | ₹33 Cr |
| Reserves | ₹393 Cr | ₹554 Cr | ₹679 Cr | ₹1.5k Cr | ₹1.8k Cr | ₹2.0k Cr |
| Borrowings | ₹490 Cr | ₹882 Cr | ₹1.1k Cr | ₹700 Cr | ₹970 Cr | ₹991 Cr |
| Other liabilities | ₹708 Cr | ₹1.2k Cr | ₹1.0k Cr | ₹1.6k Cr | ₹2.1k Cr | ₹2.3k Cr |
| Total liabilities | ₹1.6k Cr | ₹2.7k Cr | ₹2.8k Cr | ₹3.8k Cr | ₹4.9k Cr | ₹5.3k Cr |
| Fixed assets | ₹62 Cr | ₹70 Cr | ₹77 Cr | ₹71 Cr | ₹78 Cr | ₹80 Cr |
| Capital work in progress | ₹3 Cr | ₹0 Cr | ₹4 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹7 Cr | ₹6 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹1.5k Cr | ₹2.6k Cr | ₹2.7k Cr | ₹3.7k Cr | ₹4.8k Cr | ₹5.2k Cr |
| Total assets | ₹1.6k Cr | ₹2.7k Cr | ₹2.8k Cr | ₹3.8k Cr | ₹4.9k Cr | ₹5.3k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs trimmed −3.71 pp while FIIs added +2.22 pp. The shareholder count grew 1% to 52,537.
- Promoters
- 64.0%
- FIIs
- 3.3%
- DIIs
- 12.7%
- Public
- 20.0%
Since Jun 2025
- DIIs −3.71 pp
- FIIs +2.22 pp
- Public +1.09 pp
How it drifted, 10 quarters
Over this window DIIs fell from 14.4% to 12.7% — −1.7 pp.
Ownership split by quarter, oldest first. Mar '24: Promoters 63.4%, FIIs 1.6%, DIIs 14.4%, Public 20.6%.Jun '24: Promoters 63.4%, FIIs 1.4%, DIIs 16.2%, Public 19.0%.Sep '24: Promoters 63.4%, FIIs 0.9%, DIIs 15.3%, Public 20.4%.Dec '24: Promoters 63.4%, FIIs 1.7%, DIIs 16.1%, Public 18.8%.Mar '25: Promoters 63.6%, FIIs 1.1%, DIIs 16.4%, Public 18.9%.Jun '25: Promoters 63.6%, FIIs 1.1%, DIIs 16.4%, Public 18.9%.Sep '25: Promoters 63.8%, FIIs 1.4%, DIIs 17.8%, Public 17.0%.Dec '25: Promoters 64.0%, FIIs 0.7%, DIIs 18.4%, Public 16.9%.Mar '26: Promoters 64.0%, FIIs 0.8%, DIIs 17.4%, Public 17.8%.Jun '26: Promoters 64.0%, FIIs 3.3%, DIIs 12.7%, Public 20.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Volrado Venture Partners Fund - III - Beta VC / PE newly disclosed 2.75% held
- Quadrature Capital Vector Sp Limited FPI fund newly disclosed 1.24% held
The same filing shows 2 holders trimming and 3 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Rashi Peripherals Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| MKC Family Trust (Richa Vohra, Rashi Choudhary) | 11.22% | unchanged |
| Meena K Choudhary | 9.77% | unchanged |
| Krishna Kumar Choudhary - HUF | 8.76% | unchanged |
| Bandhan Small Cap Fund Mutual fund | 7.18% | −0.40 pp |
| Chaman Suresh Pansari | 6.21% | unchanged |
| Kapal Suresh Pansari | 6.21% | unchanged |
| Manju Suresh Pansari | 5.67% | unchanged |
| Suresh Mahavirprasad Pansari | 5.67% | unchanged |
| Kapal Pansari Family Trust (Suresh Mahavirprasad Pansari,Kapal Suresh Pansari, Chaman Suresh Pansari) | 2.76% | unchanged |
| Chaman Pansari Family Trust (Suresh Mahavirprasad Pansari,Kapal Suresh Pansari, Chaman Suresh Pansari) | 2.76% | unchanged |
| Volrado Venture Partners Fund - III - Beta VC / PE | 2.75% | newly disclosed |
| Suresh M Pansari - HUF | 2.51% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹820, this stock must grow earnings at 11% every year for 7 years. Our analysis caps realistic growth at ~62%. At that growth it is worth ₹9135 — upside of 1014%.
- Growth the price implies
- 10.7% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 43.0% a year
- net profit, FY24–FY26 · EPS 61.5%
- The gap
- -0.5 pp
- 1014% downside if it only repeats history
All earnings calls (6)
Read the Q1 FY27 call →Learn to analyse Rashi Peripherals Limited
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