Analysts/Institutional Investor Meet/Con. Call Updates

August 11, 2026 Listing Operation Department Listing Compliance Department BSE Limited The National Stock Exchange of India Limited (NSE) Phiroze Jeejecbhoy Towers 05th Floor, Exchange Plaza, C-1, Block G, Bandra Dalal Street, Mumbai- 400001 Kurla Complex, Bandra (E) Mumbai - 400051 Scrip Code: 544119 Symbol: RPTECH Sub.: Transcript of Analysts/ Investor Earnings Call held on Wednesday, August 5, 2026 Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/Madam, Pursuant to Regulation 30 read with clause 15 of Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time, enclosed herewith the Transcript of the Analysts/ Investors Earnings Call held on Wednesday, August 5, 2026 at 10:00 a.m. (IST) for the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026. The same is uploaded on the website of the Company at www.rptechindia.com/investor. You are requested to kindly take the same on record. Thank you. FOR RASHI PERIPHERALS LIMITED Arvind Bajoria Company Secretary and Compliance Officer Encl.: As above Rashi Peripherals Limited Regd. Office: Ariisto House, 5th Floor, N S Phadke Road, Andheri East, Mumbai, Maharashtra – 400069, India • Tel: +91-22-6177 1771 | Fax +91-22-61771999 • www.rptechindia.com | CIN: L30007MH1989PLC051039 “Rashi Peripherals Limited Q1 FY '27 Earnings Conference Call” August 05, 2026 MANAGEMENT: MR. KAPAL PANSARI – MANAGING DIRECTOR – RASHI PERIPHERALS LIMITED MR. RAJESH GOENKA –DIRECTOR & CEO– RASHI PERIPHERALS LIMITED MR. HIMANSHU SHAH – CHIEF FINANCIAL OFFICER – RASHI PERIPHERALS LIMITED MODERATOR: MR. VINAY MENON – MONARCH NETWORTH CAPITAL LIMITED Page 1 of 18 Rashi Peripherals Limited August 05, 2026 Moderator: Ladies and gentlemen, good day and welcome to Rashi Peripherals Limited Q1 FY '27 Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing ‘*’ then ‘0’ on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Vinay Menon from Monarch Capital. Thank you and over to you, Mr. Meron. Vinay Menon: Thank you. Good morning, everyone. Today on the call, we have Mr. Kapal Pansari, Managing Director and Promoter of the Company; Mr. Rajesh Goenka, Director and CEO; and Mr. Himanshu Shah, CFO of the Company. I hand over the call to you, sir. Thank you. Kapal Pansari: Thank you, Vinay. Good morning, everyone, and a warm welcome to our earnings call for the 1st Quarter of Fiscal Year 2026-27. Thank you for your time and your continued interest in Rashi Peripherals Limited. I will be covering four things today: The industry background, our performance for the quarter, the progress on our strategies, and how we see the road ahead. We are in one of the most consequential periods our industry has seen in over a decade, unfolding almost exactly as we described in the previous calls. Three forces are converging at once. First, the multi-year PC refresh cycle. The move away from Windows 10 has triggered a sustained hardware replacement wave across enterprise and commercial users. A multi-year cycle, not a one-quarter bump with real room still to run. The second is the AI PC inflection. AI-capable devices are rising share of every shipment and carry higher average selling price as well. As AI spreads to the edge devices, the incentive to refresh towards these machines is only accelerating. And the third, the defining feature of this year, a fundamental shift in component economics. AI data center demand has relocated the world's memory capacity towards high-bandwidth memories, creating a sustained shortage of conventional DRAM and NAND flash along with firm rising prices. Independent forecasts expect this to persist through 2028 as well. What does this mean in practice? The unit shipments could be under some pressure, but the value of the market is rising, because pricing is firm and moving up. The advantage flows decisively Page 2 of 18 Rashi Peripherals Limited August 05, 2026 to players with scale, deep OEM relationship, disciplined inventory and balance sheet strength to secure the supply. The players would take share when others cannot get product. That is Rashi. And beneath the cycle sits a far larger structural story. The Indian ITC distribution opportunity is over 1.5 lakh crore with PC penetration still only in the mid-teens. As digitization deepens into tier 2, 3 and 4 India, the runway is enormous. This is a multi-year opportunity and we have built this company to capture it. Now, let me turn how that translates into our numbers. This was, on multi-measures, our strongest quarter yet. On a consolidated basis, revenue grew 61.9% year-on-year to Rs 5,100 crores, with EBITDA growing 50% to Rs 155 crores and PAT growing at 69.5% to Rs 105 crores with diluted EPS of Rs 15.25. But growth isn't alone the measure of a well-run business. So, we would like you to note that we delivered the highest annualized ROCE and ROE since our listing at approximately 19.5% and 19.8%. That is the number to hold on to. We are not chasing top-line in a good cycle. We are converting it into a profitable, capital-efficient growth. That rests on disciplined working capital staying tight at around 56 days and our operating leverage is visible. Profits grew faster than revenue because as prices rise, our absolute margin grows while our cost base stays broadly stable. Now the part that I am most energized to share. Over several quarters, we have laid out a vision built on three strategic pillars. This quarter, we moved decisively from intent to execution on every one. Our pillar number one is our core engine of personal computing, enterprise, lifestyle and component economics. This powerhouse funds everything else and it fired on all cylinders. The refresh cycle, robust enterprise demand and firm pricing all in our favor visible in our near 62% top-line growth. We are deepening it further by adding solutions to strengthen our AI and high- performance computing portfolio and open two new branches in Udaipur and Dhule, extending our reach into the C and D class cities where penetration is the lowest. Reach, relationships and execution remains the bedrock on which everything else is built. Our pillar number two is our ambition to evolve from a pure distributor into an integrated solution partner, and this quarter we acted, announcing a strategic acquisition of a majority stake in VDA Infosolutions, a well-established pan-India system integrator with a strong enterprise clientele. What makes it compelling is the shape of the business, the capabilities of service and renewal that it involves. The services that it provides are enterprise implementation, consulting, managed services, cyber security, cloud and data protection. The nature of revenue streams that are sticky and annuity like with long clientele tenures. This is forward integration in action. It moves us up the value chain and shifts the quality and durability of our earnings and we have structured it so that the founders retain a meaningful stake through a staged mechanism protecting alignment and continuity. Page 3 of 18 Rashi Peripherals Limited August 05, 2026 Our pillar number three, which is a high growth vertical with semiconductor at its center. This is our single most important long term value leveler. And this quarter, we took a defining step by announcing a joint venture with Restar Corporation. It is a leading Japanese semiconductor and technology company, structured a 74% Rashi and 26% Restar focused on advanced image sensing solutions for industrial and automotive ap [Showing first 8,000 characters — download PDF for full document]