| Management target | Revenue 20.0% FY26 |
|---|
| Revenue growth | 43% YoY growth driven by ASP hikes and pre-buying behavior. |
|---|---|
| Margins | PAT margins improved to 1.85% helped by inventory gain scenarios. |
| Order book | Large enterprise pipeline is decent but execution cycles are lengthening. |
| Demand visibility | Strong corporate refresh cycle but consumer demand faces price-led headwinds. |
| Management confidence | Balanced but cautious regarding affordability and inventory planning cycles. |
Growth
Revenue grew 43% YoY, but roughly 50% of this was price-led due to component shortages and dollar appreciation.
Outlook
Management guides 15-20% revenue growth for FY26 despite flat unit volumes and inventory volatility.
Risks
End-of-life for Micron's Crucial brand in India and potential demand softening due to 20-30% price hikes in PCs.
Last quarter's promises, checked
Delivered
- Guided 20% CAGR trajectory → delivered 31% YoY growth (ex-one-off) (= BEAT)
- Guided double-digit share for Dell → delivered double-digit share in top line (= BEAT)
- Targeted branch expansion → delivered 3 new branches (55 total) (= BEAT)
Partly delivered
- Guided 20% price-led growth in PES → delivered 20-22% price impact in H2 (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: RPTECH. Summary written with AI assistance from the document.
Rashi Peripherals Ltd: key numbers
- Share price
- ₹941.75
- Market cap
- ₹6,254 Cr
- Revenue (annual)
- ₹15,827 Cr
- Net profit (annual)
- ₹277.6 Cr
- P/E (TTM)
- 19.6×Sector 40.4×
- Promoter holding
- 64.03%+0.02% QoQ
- FII holding
- 3.27%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Rashi Peripherals Ltd
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- Value
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