PC unit shipment decline in CY26
IDC projects a 5-10% dip in PC unit shipments in calendar 2026 as component costs normalize, which could impact volume growth.
RPTECH / bear-case history
Track the concerns that keep returning.
Rashi Peripherals · risk themes across the available quarters.
Research layer active
Bear-case history
Risks carried through the record.
medium
Consumer affordability pressure in H2 FY27
Rising laptop prices (from ₹30-35k to ₹50k+) may soften consumer demand in the second half of FY27, though EMI schemes could offset.
Working capital strain from project business
Large data center projects are capital-intensive with lower margins; management acknowledged the trade-off but did not quantify capital allocation limits.
Semiconductor business scale remains small
Despite 131% growth, semiconductor revenue is still negligible relative to total revenue; meaningful margin impact is years away.