Rashi Peripheral Q1 FY27 Results (NSE: RPTECH)
Signal: Growth reaccelerated
The read
Q1FY27 marked a sharp revenue acceleration to ₹5101.85 Cr, up 61.9% YoY versus 42.6% in Q3FY26 and 51.0% in Q4FY26, while PAT rose 69.5% to ₹102.77 Cr; the strategic shift toward enterprise technology, AI/HPC and digital infrastructure supports the trajectory, but the reported EBITDA of ₹172.67 Cr at a 3.4% XBRL margin conflicts with the press release's ₹155.3 Cr and 3.04% margin.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹5,101.85 Cr | 61.9% | N/A |
| EBIT | ₹166.38 Cr | N/A | |
| Net profit | ₹102.77 Cr | 69.5% | |
| EPS | ₹15.25 | 64.0% | |
| EBIT margin | 3.4% |
P&L walk
Consolidated revenue rose 61.9% YoY to ₹5101.85 Cr and PAT increased 69.5% to ₹102.77 Cr, while the XBRL EBITDA margin was reported at 3.4%; the press release separately reports EBITDA of ₹155.3 Cr and a 3.04% margin, requiring reconciliation.
Key positives
- Revenue reached ₹5101.85 Cr, up 61.9% YoY, the strongest quarterly growth in the available recent series and above Q4FY26 growth of 51.0%.
- PAT increased 69.5% YoY to ₹102.77 Cr, outpacing revenue growth of 61.9%; other income of ₹17.39 Cr was below 20% of PBT.
- The addition of WEKA expands the enterprise portfolio into AI, machine learning and high-performance computing, while the planned 67% VDA Infosolutions acquisition targets enterprise technology and digital infrastructure.
- Distribution capacity expanded through two new branches, taking the disclosed network to 700+ locations, 57 branches and 73 warehouses.
Key concerns
- Diluted EPS increased 64.0% YoY to ₹15.25, trailing PAT growth of 69.5% by 5.5 percentage points.
- The press release reports EBITDA growth of 50.0% against revenue growth of 61.9% and a 24-bps margin decline, suggesting weaker operating conversion even though the XBRL reports a different EBITDA and margin.
Research and educational content only. Not investment advice.