Rashi Peripherals Limited (NSE: RPTECH, BSE: 544119) has announced its Q2 FY26 financial results, revealing a revenue increase of 12% year-on-year, totaling ₹41,554 million. Despite this growth, the company's profit after tax (PAT) for the quarter declined by 15% to ₹592 million due to the impact of Employee Stock Option Plan (ESOP) provisioning. For the first half of FY26, revenue reached ₹73,076 million, reflecting an 8% decline year-on-year, while EBITDA rose by 13% to ₹2,195 million.
Operationally, Rashi Peripherals has made significant strides, including the opening of two new branch offices in Baramati and Nanded, and forming strategic distribution alliances with key players such as Dell Technologies and Teachmint Technologies. The company's focus on expanding its server and storage portfolio, as well as enhancing its position in the semiconductor business, underscores its commitment to supporting India’s electronics manufacturing growth. The PC vertical has shown remarkable momentum, achieving growth at twice the market rate, indicating a robust response to the ongoing technological shifts.
Management expressed optimism about the company's future prospects. Kapal Pansari, Managing Director, highlighted the positive demand trends in the ICT distribution industry, driven by the AI-led upgrade cycle and the transition to Windows 10. CEO Rajesh Goenka emphasized the importance of their diversified business model, which has fostered resilience amid market fluctuations. As the company continues to enhance its product offerings and expand its market presence, it remains committed to contributing to India's Digital Bharat and Make in India initiatives, ensuring sustainable growth for both the company and its partners.