Rashi Peripherals Reports Q2 FY2026 Results: Revenue Up, Profit Down Amid Market Challenges

Rashi Peripherals Limited , a prominent player in the ICT product distribution sector, has released its financial results for the second quarter of fiscal year 2026, ending September 30, 2025. The company reported a mixed performance, with revenue growth accompanied by a decline in profitability.

Revenue Growth

Rashi Peripherals witnessed a significant increase in its quarterly revenue, which rose to ₹41.55 billion, up from ₹37.06 billion in the same quarter of the previous year. This represents a year-over-year growth of approximately 12.1%.

Profit Decline

Despite the revenue growth, the company experienced a decrease in its consolidated net profit. For Q2 FY2026, Rashi Peripherals reported a net profit of ₹592.15 million, down from ₹698.67 million in the corresponding quarter of the previous year, marking a decline of about 15.2%.

EBITDA and Margin

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) showed improvement, increasing to ₹1.04 billion from ₹989 million year-over-year. However, the EBITDA margin compressed to 2.50% from 2.67% in the previous year, indicating some pressure on operational efficiency.

Financial Highlights

Metric	Q2 FY2026	Q2 FY2025	YoY Change
Revenue	₹41.55 billion	₹37.06 billion	+12.1%
Net Profit	₹592.15 million	₹698.67 million	-15.2%
EBITDA	₹1.04 billion	₹989 million	+5.2%
EBITDA Margin	2.50%	2.67%	-17 bps

Operational Developments

During the quarter, Rashi Peripherals made several notable operational changes:

The company appointed Mr. Arvind Bajoria as the new Company Secretary & Compliance Officer, effective November 8, 2025.
The Board of Directors approved an increase in the company's borrowing limit by an additional ₹1,000 crore, subject to shareholder approval.
Rashi Peripherals implemented an Employee Stock Option Scheme, recognizing a charge of ₹72.17 million towards equity-settled share-based payment expenses.

Market Position and Outlook

Rashi Peripherals continues to operate in the competitive Computer Systems, Software & Peripherals, and Mobiles segment. The company's ability to grow its revenue in a challenging market environment demonstrates its strong market position. However, the decline in profitability suggests that the company may be facing cost pressures or competitive challenges that are impacting its bottom line.

The company's focus on expanding its operational capabilities, as evidenced by the increased borrowing limit and employee stock option scheme, indicates a strategic approach to long-term growth. However, investors may want to monitor how these initiatives translate into improved profitability in the coming quarters.

As the ICT distribution landscape continues to evolve, Rashi Peripherals' performance in the next few quarters will be crucial in determining its ability to balance growth with profitability in a dynamic market environment.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.96%	+0.90%	+5.12%	+24.60%	-19.50%	+3.05%

Rashi Peripherals Limited , a prominent player in the technology distribution sector, has announced significant changes in its key managerial personnel. The company has disclosed the resignations of two crucial executives, marking a notable shift in its leadership structure.

Resignation Details

The company has reported the following resignations:

Position	Name	Effective Date	Reason for Resignation
Company Secretary and KMP	Ms. Hinal Shah	November 7, 2025	To pursue better career opportunities
Compliance Officer and KMP	Mr. Tejas Vyas	November 7, 2025	Personal reasons

Both resignations will be effective from the close of business hours on November 7, 2025.

Official Communication

Krishna Kumar Choudhary, Chairman & Whole-Time Director of Rashi Peripherals Limited, officially communicated this development to the stock exchanges. The company has adhered to the regulatory requirements by making this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Impact and Next Steps

The simultaneous departure of the Company Secretary and Compliance Officer represents a significant change in Rashi Peripherals' corporate governance structure. These roles are crucial for ensuring regulatory compliance and maintaining effective communication with shareholders and regulatory bodies.

The company has not yet announced replacements for these positions. Stakeholders will likely be watching closely to see how Rashi Peripherals plans to fill these important roles and maintain continuity in its operations and compliance functions.

Market Implications

Changes in key managerial positions can often lead to short-term uncertainty. Investors and market analysts may be looking for signals from the company regarding its plans to ensure a smooth transition and maintain strong corporate governance practices.

Rashi Peripherals Limited has confirmed that both executives stated there are no material reasons for their resignations beyond those mentioned in their respective resignation letters. This transparency is crucial for maintaining investor confidence during this transition period.

As the company navigates these changes, stakeholders will be keen to observe any potential impacts on its operational efficiency and regulatory compliance in the coming months.