Rashi Peripherals LtdNSE:RPTECH
Current view Q4 2026
A razor-thin (2-3% margin) tech-hardware distributor, but a real PC-upgrade wave lifted profits 35% this year. Just remember it's riding a temporary cycle, not a lasting advantage.
Latest exchange filings last 5 · 5 after Q4 2026
- 9 Sep ’26Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 9 Sep ↗
- 9 Sep ’26Shareholder Meeting / Postal Ballot-Outcome of AGM 9 Sep ↗
- 4 Sep ’26CRISIL reaffirmed RPTECH’s AA-/Stable and A1+ ratings; bank facilities increased to Rs.2,782.5 crore on September 4, 2026. ↗
- 1 Sep ’26Rashi Peripherals completed BTA transaction with Rashi Semiconductor Solutions on August 31, 2026. ↗
- 25 Aug ’26Mr. Anil Khandelwal resigned as Independent Director on August 25, 2026, citing governance and process concerns. ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q4 2026
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q4 2026
| Metric | This year vs lastYoY · vs Q4 2025 | vs the quarter beforeQoQ, sequential · vs Q3 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +51.0% | +11.4% | +18.7% | +21.7% |
| Operating profit | ▲ +41.5% | +11.8% | +23.1% | +18.4% |
| EPS | ▲ +64.3% | +14.5% | — | — |
| PAT | ▲ +64.2% | +16.0% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +51.0%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Average60/100
Growing fast — and the market has noticed. Profit per share grew 60% a year, and buyers now pay more for each rupee of it than they did a year ago. Some of the re-pricing has already happened.
₹884 → ₹1,768 needs the P/E at 10× — it is 21× today, and has ranged 8.9× to 22× over the last 5 years. The rest would come from earnings growing as they have.
What you pay for its profitlog scale · 5-year range
Tripling needs 15× — it has traded there — high was 22×.
At ₹459 the price-tag on its earnings reaches the 11× it is being projected toward — the point where being cheap against that yardstick is used up.
Re-rated already, on growth that doesn't fully back it.
How this is calculated
This is arithmetic, not a forecast — Return = ΔEPS × ΔMultiple. It says what would have to be true, not how likely it is, and "earnings keep growing at this rate for three more years" is the assumption doing the most work. This is a small-cap at ₹5,273 cr, so the odds of a re-rate are not fighting its own size.
Growth rate used: 60.0% — the weakest of EPS / Sales / Op-profit from the latest quarter's YoY EPS growth, capped at 60%.
How it compares with its rivals Technology · 6 of 16 listed
It earns 17% on its capital, third of 6, and it is the fourth most expensive of the 5 shown.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Rashi Peripheral | ₹808 | 16.8× | ₹5,363 Cr | 17.0% | +67.6% | +61.9% |
| GNG Electronics | ₹705 | 56.4× | ₹8,034 Cr | 20.3% | +56.2% | +32.1% |
| Moschip Tech. | ₹208 | 127.6× | ₹4,066 Cr | 11.0% | −77.6% | −14.3% |
| NELCO | ₹1,009 | 385.6× | ₹2,303 Cr | 7.2% | +15.6% | +7.0% |
| D-Link India | ₹428 | 14.2× | ₹1,518 Cr | 25.9% | +13.3% | +30.5% |
| Bharat Global | ₹149 | — | ₹1,509 Cr | -0.0% | −178.3% | −100.0% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | broadly flat | operating margin 4% → 3% over 3 years |
|---|---|---|
| Did the profit turn into cash? | very little of it arrived as cash | 41% last year, -21% over three · free cash flow ₹106 cr, positive in 1 of 5 years |
| Is the growth borrowed? | lightly borrowed | ₹991 cr — 0.49× its own equity (was 0.52×) |
| Is it being collected? | collection is steady | 50 days to collect, up 2 in a year · cash cycle 60 days |
| Who has been buying? | the promoters have held steady | promoters 64.0% (+0.4 in a year), 63.4% → 64.0% over 2.3 years · FIIs 3.3% (+2.2) · DIIs 12.7% (−3.7) · shareholders 64,015 → 52,537 |
| What does it earn on its capital? | earns a fair return on its capital | ROCE 17.0% · ROE 14.7% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company is expected to give good quarter
Against it
- Company has a low return on equity of 13.2% over last 3 years.
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.