Rashi Peripherals Reports Record Q2 FY27 Profit with 121% PAT Growth, Expands into Enterprise and Semiconductor Solutions

Rashi Peripherals Limited (NSE: RPTECH; BSE: 544119) reported its highest-ever quarterly and half-year profit for the second quarter of FY27, with consolidated net profit increasing 120.8% year over year to ₹1,307 million.

For the half year ended September 30, 2026, net profit rose 94.6% to ₹2,353 million, reflecting stronger operating performance and the company's expanding presence in higher-value technology businesses.

The Mumbai-headquartered technology distributor reported Q2 revenue from operations of ₹61,851 million, up 48.8% year over year. EBITDA increased 112.2% to ₹2,201 million, with the EBITDA margin improving by 106 basis points to 3.56%.

For H1 FY27, revenue reached ₹112,870 million, up 54.5%, while EBITDA increased 81.2% to ₹3,754 million.

Q2 and H1 FY27 Financial Performance

Metric	Q2 FY27	YoY Growth	H1 FY27	YoY Growth
Revenue from Operations	₹61,851 mn	48.8%	₹112,870 mn	54.5%
EBITDA	₹2,201 mn	112.2%	₹3,754 mn	81.2%
EBITDA Margin	3.56%	+106 bps	3.33%	+49 bps
Net Profit (PAT)	₹1,307 mn	120.8%	₹2,353 mn	94.6%
Diluted EPS	₹18.63	111.5%	₹34.27	90.0%

All financial figures are consolidated and in Indian rupees.

Moving Beyond Traditional ICT Distribution

The results come as Rashi Peripherals advances its "One Platform. Multiple Engines" strategy, aimed at evolving the business from a conventional volume-led distributor into an integrated technology solutions provider.

The company is building its operations around three business engines: traditional ICT distribution, its Enterprise Division, and Embedded & Semiconductor Solutions.

A key development during the quarter was the announcement of an agreement to acquire a 67% stake in VDA Infosolutions. The proposed investment expands Rashi Peripherals' presence in enterprise IT, cloud infrastructure, cybersecurity, system integration and managed IT services.

The company also formalised a joint venture with Japan-based Restar Corporation to establish a dedicated embedded and semiconductor solutions business in India. The venture is intended to combine Restar's semiconductor expertise with local design, engineering support, technical services and talent development.

These initiatives represent a strategic expansion into business areas where customers increasingly require specialised technology integration and services alongside hardware distribution.

Building India's AI and Semiconductor Ecosystem

Rashi Peripherals is also investing in capabilities to support enterprise AI adoption. During the first half of FY27, the company conducted AI bootcamps across six cities, training enterprise partners on accelerated computing, AI workstations and enterprise AI workloads.

Its semiconductor joint venture with Restar is designed to address opportunities in India's electronics design and manufacturing ecosystem. The company cited an addressable Indian semiconductor distribution market exceeding US$2.5 billion.

Alongside these new initiatives, Rashi Peripherals continues to expand its distribution footprint across the country. Its infrastructure includes more than 728 locations, 57 branches, 50 service centres and 72 warehouses, supporting its network of over 10,289 channel partners.

Leadership Focuses on Revenue Quality and Operational Efficiency

Kapal Pansari, Managing Director of Rashi Peripherals, said the company's performance reflects progress in its transition towards a broader technology solutions business.

He highlighted the strategy of developing new growth engines in digital infrastructure, semiconductors, cloud and enterprise solutions while maintaining scale in its traditional distribution operations.

Pansari also pointed to inventory discipline, faster cash conversion cycles and prudent working capital management as important contributors to operational leverage and capital efficiency.

Rajesh Goenka, Director and Chief Executive Officer, emphasised the company's focus on solution-based selling and expanding customer engagement across its channel partner ecosystem.

He said the Restar joint venture provides an entry into India's growing electronics design and manufacturing market, while the VDA Infosolutions transaction accelerates the company's expansion into cybersecurity, system integration and managed services.

A Broader Technology Solutions Ambition

Rashi Peripherals' latest results highlight two parallel priorities: sustaining growth in its established distribution business and building higher-value enterprise and semiconductor capabilities.

The company's "One Platform. Multiple Engines" strategy is intended to diversify its revenue mix and deepen relationships with customers and technology partners.

As demand grows for AI infrastructure, cloud services, cybersecurity and semiconductor solutions, the company's ability to integrate these capabilities with its nationwide distribution network will be an important factor in its next phase of growth.

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About Rashi Peripherals Limited

Rashi Peripherals Limited (RP Tech) is an Indian distributor of information and communication technology products and solutions. Incorporated in 1989, the company works with global technology brands and a nationwide network of channel partners. Its portfolio spans computing, servers, storage, networking, peripherals, embedded systems and semiconductor solutions, supported by distribution, enterprise and technical services.

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Source

• Rashi Peripherals Limited, Q2 and H1 FY27 financial results announcement

• Investor Relations: https://rptechindia.com/investor