CRISIL Reaffirms Credit Ratings for Rashi Peripherals Ltd Amid Strategic Acquisition of VDA Infosolutions
CRISIL Limited has reaffirmed the credit ratings for Rashi Peripherals Ltd (RPL), noting the company's established market position and ongoing diversification efforts, as detailed in its Credit Bulletin dated July 02, 2026. The reaffirmation includes a Long Term rating of CRISIL AA- (Stable) and a Short Term rating of CRISIL A1+.The ratings review took place against the backdrop of RPL's strategic move to acquire VDA Infosolutions Private Limited (VDA). Earlier announcements by RPL noted the acquisition of a 67% stake in VDA for Rs 368.50 Cr. The company has plans to complete the full 100% acquisition of VDA in a staggered manner by the first half of fiscal 2029, with the payment being made on a cash basis following Board approval.
CRISIL Ratings noted that it will monitor the benefits and synergies arising from this acquisition, observing that VDA's revenues currently constitute around 5% of the group's total revenues.
The rating agency concluded that RPL's sustained strengths include its established market position in the IT and peripheral products distribution business, combined with improvements in product and geographical revenue diversification and strong risk management practices. However, CRISIL also noted challenges, citing a modest, though improving, operating margin alongside a large working capital requirement as factors influencing the ratings.
The credit assessment provides context on RPL's operations alongside the details of the acquired entity:
| Company | Acquired Stake | Acquisition Value | Target Completion Date |
|---|---|---|---|
| VDA Infosolutions Private Limited (VDA) | 67% initially | Rs 368.50 Cr | First half of FY2029 |
The ratings provided by CRISIL Ratings reflect a continued assessment of the company's overall financial risk profile and operational resilience within the IT peripheral market.
RPTECH Stock Price Movement
Rashi Peripherals Limited shares shed 4.42% today, settling at ₹762 as post-market trading concluded. The equity saw a total traded volume of 883,601 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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