RRP Semiconductor Ltd

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

RRP Semiconductor Ltd trades at ₹8,718, in a confirmed uptrend and 96 weeks into that stage. That is +56.7% against its own 200-day average. It sits at 72% of a 52-week range of ₹899 to ₹11,784. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (13 weeks and counting).

Today the stock is in a confirmed uptrend — week 96 of stage 2, confirmed. At ₹8,718 it trades +56.7% versus its 200-day average and sits at 72% of its 52-week range (₹899–₹11,784).

Against the market, two honest reads. Cumulative: over the last 2.4 years the stock moved +58,018% while the NIFTY 500 moved +15% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (13 weeks and counting; last ahead the week of 2026-01-19) — the ribbon below is that same metric, week by week.

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

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

RRP Semiconductor Ltd trades at 2,445.8× P/E, about the priciest it has ever traded. Its long-run median P/E is 44.4×, measured across 1.3 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 2,445.8× is about the priciest it has ever traded, against a long-run median of 44.4× measured over 1.3 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

🚨 Why the multiple sits where it does: over the past year annual EPS moved −191.8% against a +195.8% price move — the price outran earnings, pushing the multiple UP its own range.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read.

RRP Semiconductor Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 5 quarters across 1 curve, on partial evidence.

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

4-Factor Sector Score

42.7/100 — rank 26 of 48 in Trading · 51% evidence confidence

RRP Semiconductor Ltd scores 42.7 out of 100 against the 48 companies it is compared with in Trading, ranking 26. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

The four contributions add to the total exactly: 12.2 + 5.5 + 10 + 15 = 42.7. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

Revenue Revenue is the top line: everything the company billed its customers in the period.

RRP Semiconductor Ltd reported ₹0.0 Cr of revenue in the Mar 26 quarter, −100.0% year on year. The last full year, FY26, came in at ₹−6.8 Cr. The last four reported quarters add to ₹−6.8 Cr. A multi-year compound rate is not shown because the annual history behind it is too short to compute one honestly.

FY26 revenue came in at ₹−6.8 Cr (−121.6% on the year). The latest quarter (Mar 26) printed ₹0.0 Cr, −100.0% year on year.

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

A clean operating margin is not in our numbers for RRP Semiconductor Ltd — its accounts do not report the operating-profit line this section reads, which is common for lenders and holding companies. The sections above and below carry the readings this company's filings do support.

This company's accounts do not report the operating-profit line this section reads — common for lenders and holding companies classified outside the financial bucket. The revenue and net-profit sections are the cleaner reads for RRP Semiconductor Ltd.

Why the margin moved: operating margin went +3.3 pp year on year while gross margin went −21.8 pp — the gain came mostly from the gross line: input costs and pricing.

Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

RRP Semiconductor Ltd posted a net loss of ₹0.2 Cr in the Mar 26 quarter. The full FY26 year was a loss of ₹7.8 Cr. The same quarter a year earlier lost ₹1.6 Cr. 8 of the last 12 reported quarters were loss-making.

Mar 26 profit was ₹−0.2 Cr, null year on year. On the full year, FY26 printed ₹−7.8 Cr (−191.7%).

Pace comparison, last four quarters: profit −237.4% vs revenue −130.1%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

RRP Semiconductor Ltd's cash-flow history is too thin to judge how much reported profit converts into cash. In FY26 that was ₹4.9 Cr of operating cash against ₹−7.8 Cr of profit. After ₹0.0 Cr of capital spending, ₹5.0 Cr was left as free cash. Cash resolution here is annual, because quarterly cash statements are not published.

FY26: operating cash of ₹4.9 Cr against reported profit of ₹−7.8 Cr, leaving free cash of ₹5.0 Cr after ₹0.0 Cr of capital spending.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

RRP Semiconductor Ltd's cash conversion cycle runs 0 days in FY26, down from 0 days in FY16. Capital spending ran ₹0.0 Cr over the last 3 years. At FY26 sales of ₹−6.8 Cr each day of that cycle holds about ₹0.0 Cr, so roughly ₹0.0 Cr sits inside the business at any moment.

FY26: debtors at 0 days, inventory at 0 days — roughly 0.0 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 0 days, tighter than FY16's 0.

In money terms: at FY26 sales of ₹−6.8 Cr, each day of the cycle holds about ₹0.0 Cr — so the 0-day loop keeps roughly ₹0.0 Cr sitting inside the business at any moment.

On the investment side: capital spending of ₹0.0 Cr over the last 3 fiscal years. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

RRP Semiconductor Ltd earns a ROCE of −33% in FY26. That is up from a trough of −61% in FY23. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 113.8% net margin on −0.42× asset turns.

FY26 ROCE is −33%, recovered from a FY23 trough of −61% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 113.8% net margin × −0.42× asset turns × 1.80× balance-sheet leverage ≈ −86.0% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

RRP Semiconductor Ltd carries ₹5.9 Cr of borrowings against ₹9.0 Cr of equity in FY26, a debt-to-equity of 0.65. Operating profit covers the interest bill −12×. Over 5 years borrowings went from ₹7.9 Cr to ₹5.9 Cr. Capital spending ran ₹0.0 Cr across the last 3 of those years.

FY26: borrowings of ₹5.9 Cr against equity of ₹9.0 Cr — a debt-to-equity of 0.65. Operating profit covers the interest bill −12×. Over 5 years borrowings went from ₹7.9 Cr to ₹5.9 Cr while capital spending ran ₹0.0 Cr in just the last 3 — the build-out is being paid for out of cash, not debt.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of RRP Semiconductor Ltd moved a full percentage point over the last two years — the register is quiet. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: +0.0 points over 8 quarters to 1.3%. Note the structure: promoters hold under 20% — this is a widely-held company where institutions, not a family, set the direction.

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

RRP Semiconductor Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

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