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Rashi Peripherals Limited — Earnings Release 2025
Aug 9, 2024
59614_rns_2024-08-09_6f2da0d3-1c1d-45fa-9ca2-d22ce0e0e72e.pdf
Earnings Release
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August 9, 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 June 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 June 30, 2024.
You are requested to kindly take the same on record.
Thank you.
Your faithfully, FOR RASHI PERIPHERALS LIMITED
HINAL Digitally signed by HINAL TEJAS TEJAS SHAH Date: 2024.08.09 SHAH 19:03:42 +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 16.95% QoQ jump in Q1 FY25 with a net profit at ₹550.37 million
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Total Income for Q1FY25 rose to ₹ 42,745.02 million, up by 42.13% QoQ
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EBITDA for the quarter stood at ₹ 905.83 million, higher by 8.23% QoQ
Mumbai, August 9, 2024: Rashi Peripherals Limited (NSE: RPTECH), one of the leading national distribution partners for global technology brands in India, reported 16.95% rise in the net profit at ₹550.37 million for the first quarter ended June 30, 2024. The company’s total income rose 42.13% QoQ to ₹42,745.02 million; while EBITDA stood at ₹905.83 million, up 8.23% QoQ.
Key Consolidated Financials:
| Particulars (Rs. Mn.) | Q1 FY25 | Q4 FY24 | QoQ% | FY24 |
|---|---|---|---|---|
| Total Income | 42,745.02 | 30,075.58 | 42.13 | 111,090.95 |
| EBIDTA (Incl. Other Income) | 905.83 | 733.12* | 8.23 | 3,072.92 |
| PAT | 550.37 | 470.61 | 16.95 | 1,438.58 |
(*Excluding Exceptional Item of ₹ 103.82 Mn)
Operational Updates:
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CRISIL Ratings assigned CRISIL A+/Positive and CRISIL A1 ratings to the company’s long-term and Short-term bank loan facilities amounting to ₹17,000 million
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Won orders for NMDC Data Center and Tamil Nadu Education project
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Rolled out 40 city Channel Business Forum (CBF) roadshow beyond 50 branches of RP Tech
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Commenced the first Embedded Application Lab in Bangalore
Commenting on the performance, Mr. Kapal Pansari, Managing Director, Rashi Peripherals Limited
said, “Our focus on innovation and operational excellence has led to a strong first quarter of this financial year, with notable growth in Revenue, EBITDA, and Net Profit. This performance underscores our commitment to service excellence and the enduring trust of our customers. We are at an opportune time where the Indian hardware landscape is evolving at the back of positive developments and government initiatives. These factors, along with the expected revival in the IT and ITeS sector, will favour the growth of our distribution business. We are well-positioned to capitalize on emerging opportunities and drive sustained growth in the coming quarters.”
"RP Tech’s Q1 FY25 performance is a demonstration of our strategic vision and execution. Expanding and making our channel more robust, we recently launched Channel Business Forum, that will enable and prepare our partners to address the market requirements. Additionally, to demonstrate our
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Email: [email protected] Website: https://www.rptechindia.com
Contact No: +91-8291924896
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capabilities in the industry, we have launched our first embedded application lab in Bangalore. Digital transformation and cloud based technologies remained at the core of our growth this quarter. Business wins from NMDC Data Center and Tamil Nadu Education project, are among the key prestigious developments. Overall, we will continue to service to the B2B enterprise segment who are looking to strengthen their digital infrastructure” , 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 34 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