Rashi Peripherals Ltd (RPTECH) — share price & stock analysis

Market cap

₹5,193 Cr

P/E

18.7×

ROE

14.7%

vs own history (since 2025)

highest ever

Book value / share

₹307

EPS (TTM)

₹42.1

10-yr median P/E

10.2×

Revenue (FY26)

₹15,827 Cr

Profit after tax (FY26)

₹282 Cr

Weinstein stage

Stage 2 (35 weeks)

Data as of

1 July 2026

4 of the 5 things we track are currently moving the right way — nearly everything is pulling in the same direction.

Where the levels actually stand: ROCE 17% — decent; debt moderate (0.49× equity); margins mid-band. Momentum says which way things are moving; these say where they are.

Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, sales and margins count double.

The market has pre-paid for growth that hasn’t arrived yet

Since Feb 2025, the stock is up 175% while earnings per share grew 47%. The difference is re-rating — investors paying more for the same rupee of profit.pricettm_eps

That works until it doesn’t: from here, earnings have to do the lifting, because the multiple has already done its part.

Today’s P/E of 18.7× is about the most expensive this stock has ever traded against its own history since 2025.pe_ratio

Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots; between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/E — what the market pays per rupee of profit; the dotted line is its long-run median (10.2×).

An uptrend that has held for 35 weeks

Every stock cycles through the same four seasons — a flat base (stage 1), an advance (2), a top (3), a decline (4). Right now this one is in Stage 2: advancing, 35 weeks in, confirmed.stage

The price sits above its rising 200-day average (₹438 today) and its strength against the index is still improving — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200

Beating NIFTY 500 for 35 weeks — relative strength is the market’s live opinion, and right now it is on this stock’s side.rs_mansfield

What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200

6 of 7 years up since listing — good compounding, but a short book

Over 7 years, sales went from ₹3,991 Cr to ₹15,827 Cr (about 22% a year), and profit from ₹29.0 Cr to ₹282 Cr.revenuenet_profit

Margins held steady throughout (1.5–3.6%) — disciplined growth.operating_profit

Sales exploded 51% last quarter

Mar 26 sales were ₹4,489 Cr, up 51% on the same quarter last year.revenue

Margins are holding steady

Of every ₹100 of sales, the company keeps ₹3.0 as operating profit (a year ago it kept ₹3.1).opm_pct

Profit exploded 64% — mostly from selling more

Mar 26 profit after tax was ₹87.0 Cr, up 64% year on year.net_profit

A caution: a meaningful slice of this jump came from income outside the core business — that is lower-quality profit and may not repeat.other_income

Profits on paper, cash lagging behind

Over the last 5 profitable years, the business reported ₹942 Cr of profit and collected ₹−717 Cr of operating cash — about -76% conversion.operating_cash_flownet_profit

The wrinkle is the latest year: FY26 collected ₹114 Cr against ₹282 Cr of reported profit — about 40%. One year isn’t a trend, but it is the line to watch.operating_cash_flownet_profit

The gap sits in receivables: customers now take 50 days to pay, up from 48. Profit booked, cash pending.debtor_days

The cash cycle is stable

One rupee now takes about 60 days to go out the door as materials and come back as collected cash.cash_conversion_cycle

The biggest mover: suppliers being paid later (43 → 53 days).payable_days

The asset base keeps compounding — this company builds

The productive asset base has gone from ₹24.0 Cr (FY19) to ₹80.0 Cr.fixed_assetscwip

The build is bigger than the cash engine: investing outflows (₹−73.0 Cr) exceeded operating cash (₹−287 Cr) over the last 3 years — the difference comes from debt or shareholders.investing_cash_flowoperating_cash_flow

Debt is present but comfortable

For every ₹100 shareholders have put in (and left in), the company has borrowed ₹49 — total borrowings have grown from ₹370 Cr to ₹991 Cr over the window.borrowings

Every ₹100 kept in the business earns ₹17 — decent, not special

Return on capital employed is 17.0% (a year ago: 14.0%). This is the single best test of business quality: what the company earns on the money it keeps.roce_pct

Rising returns on capital while growing is the rarest combination in investing — it means the new projects earn more than the old ones.roce_pct

The owners aren’t moving

Promoters hold 64.0%, essentially unchanged. Foreign funds own 0.8%, domestic funds 17.4%.promoters_pctfiis_pctdiis_pct

The numbers earn a deeper study — and watch the one thing that matters

The numbers lean positive, and the price already assumes the good news continues.

Best thing in the data: free cash flow rising (₹−246 Cr → ₹133 Cr).operating_cash_flow

Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.

Straight answers from the data