RASHI PERIPHERALS LIMITED

Distributes personal computing hardware, peripherals, enterprise IT and related components to resellers, retailers and enterprise customers across India, running 55 branch offices that cover more than 700 towns and serve 10,000+ customers. FY26 revenue was INR 15,827.337 crore with net profit of INR 282.346 crore and an EBITDA margin of 3.15%. Two named segments drive the P&L: LIT (laptops and IT hardware) grew 24% YoY and contributed 42% of revenue, while PES (peripherals and enterprise solutions) grew 37% YoY, helped by H2 price increases. The India PC market hit a record 15.9 million unit shipments in CY2025, and AI-enabled notebooks grew 129% YoY — the company positions itself as a value-added distributor for AI solutions including NVIDIA DGX Spark, and runs an 8-city AI Bootcamp reaching 2,500+ developers. In June 2026 the company announced a 67% acquisition of VDA Infosolutions for INR 368.50 crore in cash, with VDA's FY26 revenue of about INR 850 crore extending the business into cloud, cybersecurity and enterprise services; a semiconductor subsidiary has also been set up to scale component partnerships. Margins are thin and the biggest swing factor is component pricing — DRAM, NAND and GPU costs were described as firm through FY26 — against employee cost of 1.3% of revenue and other opex of 1.3%.