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Rashi Peripherals Limited — Earnings Release 2025
Oct 29, 2024
59614_rns_2024-10-29_7329403c-521e-4ca5-817b-51a42a1e4dc0.pdf
Earnings Release
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October 29, 2024
To, Listing Operation Department BSE Limited Phiroze Jeejecbhoy Towers Dalal Street, Mumbai- 400 001
Listing Compliance Department
The National Stock Exchange of India Limited (NSE) 05[th] Floor, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai - 400 051
Scrip Code: 544119 Symbol: RPTECH
Sub : Press release for the quarter ended September 30, 2024
Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/ Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed press release of our Company for the quarter ended September 30, 2024.
You are requested to kindly take the same on record.
Thank you.
Your faithfully,
For RASHI PERIPHERALS LIMITED
Digitally signed by HINAL HINAL TEJAS SHAH TEJAS SHAH Date: 2024.10.29 18:15:17 +05'30'
HINAL SHAH
Company Secretary & Compliance Officer
Encl.: As above
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Rashi Peripherals Limited
(Formerly known as Rashi Peripherals Private Limited)
Regd. Office: Ariisto House, 5th Floor, N S Phadke Road, Andheri East, Mumbai, Maharashtra – 400069, India
• Tel: +91-22-6177 1771 | Fax +91-22-61771999 • www.rptechindia.com | CIN: L30007MH1989PLC051039
Media Release
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Rashi Peripherals Limited reports 218.6% YoY jump in Q2 FY25 net profit at ₹ 699 million
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Total Income for Q2 FY25 rose to ₹ 37,062 million, up by 22.6% YoY
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EBITDA for the quarter stood at ₹ 1,044 million, higher by 49.1% YoY
Mumbai, October 29[th] , 2024: Rashi Peripherals Limited (NSE: RPTECH) (BSE: 544119), one of the leading national distribution partners for global technology brands in India, reported 218.9% YoY rise in the net profit at ₹699 million for the second quarter ended September 30, 2024. The company’s total income rose 22.6% YoY to ₹37,062 million; while EBITDA stood at ₹1,044 million, up 49.1% YoY.
Key Consolidated Financials:
| Particulars (₹ Mn.) | Q2 FY25 | Q2 FY24 | YoY% | H1 FY25 | H1 FY24 | YoY% |
|---|---|---|---|---|---|---|
| Total Income | 37,061.7 | 30,228.5 | 22.6% | 79,732.5 | 54,685.1 | 45.8% |
| EBIDTA (Incl. Other Income) | 1,044.3 | 700.7 | 49.1% | 1,950.2 | 1,656.6 | 17.7% |
| PAT | 698.7 | 219.3 | 218.6% | 1,249 | 720.2 | 73.4% |
Operational Updates:
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Secured a project order from Reliance Industries for Cables
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Inaugurated our 52nd branch in Srinagar
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Started Samsung Consumer Electronics business (Back-to-Back)
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Forayed in Quick Commerce Business
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Successfully completed CBF in 42 cities
Commenting on the performance, Mr. Kapal Pansari, Managing Director, Rashi Peripherals Limited
said, "Building on the momentum of the previous quarter, we are pleased to report yet another period of solid growth across Revenue, EBITDA, and Net Profit. At Rashi Peripherals, our commitment to customer-centricity is unwavering, and this is demonstrated through our continual efforts to expand our reach across Tier-2 and Tier-3 towns and to keep our product portfolio dynamic and aligned with the evolving needs of the Indian hardware sector. With promising signs of a revival in the IT/ITeS sector, we are optimally positioned to harness these emerging opportunities. This approach, rooted in long-term value creation, reinforces our commitment to sustainable, profitable growth in the quarters ahead."
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Email: [email protected] Website: https://www.rptechindia.com
Contact No: +91-8291924896
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“Despite challenges in the market, Rashi Peripherals continued to demonstrate robust growth in the last quarter. Our Embedded vertical is growing consistently. We have started Samsung Consumer electronics business and in this quarter we forayed into quick commerce business that promises value addition to our customers. The inauguration of our 52nd branch in Srinagar reflects our consistent efforts to strengthen our channel engagement and reach across the regions. These achievements reflect our steadfast dedication to ensure seamless availability of ICT products through value added support to our B2B customers. We are well-positioned to maintain the growth momentum”, said Mr. Rajesh Goenka, Chief Executive Officer, Rashi Peripherals Limited.
Disclaimer:
This press release by Rashi Peripherals Limited (the “Company”) is for informational purposes only and does not constitute an offer, recommendation, or invitation to purchase or subscribe for any securities. The information provided is based on data deemed reliable by the Company, but its accuracy, completeness, and fairness are not guaranteed. The Company disclaims any liability for errors or omissions. Certain forward-looking statements regarding market opportunities and business prospects are not guarantees of future performance and involve risks and uncertainties. Actual results may differ significantly. The Company is not obligated to update these statements and does not endorse third-party projections included herein.
About Rashi Peripherals Limited:
Rashi Peripherals Limited founded in 1989, has become one of India's fastest-growing national distribution partners for global technology brands. With over 35 years of experience, RP Tech has played a pivotal role in formalizing the fragmented and unorganized ICT product distribution landscape in India. The company offers a comprehensive range of services that include pre-sale activities, solutions design, technical support, marketing services, credit solutions, and warranty management. It operates through two primary verticals: Personal Computing, Enterprise, and Cloud Solutions (PES) and Lifestyle and IT Essentials (LIT).
For more details, please visit: https://www.rptechindia.com
For PR Queries: For Investor Relations: Shashwat Malik Ms. Aditya Tikare [email protected] [email protected] Megha Bansal Ms. Samruddhi Bane [email protected] [email protected]
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Email: [email protected] Website: https://www.rptechindia.com
Contact No: +91-8291924896