About
Rapicut Carbides Limited manufactures and sells tungsten carbide products in India and internationally. The company provides products for mining, including coal pick, conicals, pineapple bit, octagonal insert, chain saw, and other customized products; and bucket wheel excavation products, including ripper, solid triangle, and rectangular flat. It also offers tungsten carbide rotary burrs blanks, sugar tips, paper cutting knives, scarfer tools, and twist drills; and tungsten carbide for trepanning tool and form tools, and other cutters. In addition, the company provides tungsten carbide brazed tools, slitting cutters, reamers, and straight flute end mills; mechanical scissors or knives; and boring tools; and T-slot cutters and counter bore cutters. Further, it offers bowls, lids, ladle cleaning inserts, shear blades, hole punching dies, V-notch dies, brazed turning tools, expansion punches, seats and TC plugs/stems, mechanical seals rings, squeeze rolls/pressure rolls, chisels, and scarfer tools. Additionally, the company provides flow control valves, choke beans, valve seats, flow cages, and carbide tubes for oil and gas industries; cork cutting knives, scrapping tools, glass cutter discs, solid carbide rods, roto scarfs, and fin cutting products for cutting applications; and solid plug, semi floating plug, scarf tool, and sleeve parallel plug products for tube industries. Furthermore, it offers intermediate, tungsten, cobalt, and other powders, as well as provides wire drawing, bar and tube drawing pellets, and cold heading and bore pellets. The company serves metal cutting, mining, wear parts, and various other industries. Rapicut Carbides Limited was incorporated in 1977 and is based in Ankleshwar, India.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 82.04 | 49.31 | 20.78 | 15.82 | 10.38 | 10.48 | 11.67 | 8.95 | 10.89 | 16.92 | 15.26 | 15.70 | 12.28 |
| Expenses | 71.35 | 48.84 | 18.78 | 14.18 | 11.50 | 9.73 | 12.90 | 9.07 | 11.34 | 16.14 | 14.49 | 15.52 | 12.55 |
| Operating Profit | 10.69 | 0.47 | 2.00 | 1.64 | -1.12 | 0.75 | -1.23 | -0.12 | -0.45 | 0.78 | 0.77 | 0.18 | -0.27 |
| OPM % | 13.03 | 0.95 | 9.62 | 10.37 | -10.79 | 7.16 | -10.54 | -1.34 | -4.13 | 4.61 | 5.05 | 1.15 | -2.20 |
| Other Income | 0.02 | 0.17 | 0.01 | 0.10 | 0.01 | 0.01 | 0.01 | 0.02 | 0.11 | 0.02 | 0.03 | 0.00 | 0.06 |
| Depreciation | 0.14 | 0.14 | 0.14 | 0.14 | 0.13 | 0.13 | 0.13 | 0.12 | 0.12 | 0.12 | 0.12 | 0.15 | 0.14 |
| Interest | 0.14 | 0.09 | 0.12 | 0.23 | 0.16 | 0.26 | 0.27 | 0.22 | 0.09 | 0.14 | 0.17 | 0.12 | 0.05 |
| Profit before tax | 10.43 | 0.41 | 1.75 | 1.37 | -1.40 | 0.37 | -1.62 | -0.44 | -0.55 | 0.54 | 0.51 | -0.09 | -0.40 |
| Tax % | 21.67 | -60.98 | 9.71 | 8.76 | 0.00 | 10.81 | -0.62 | 6.82 | 3.64 | 1.85 | 7.84 | 11.11 | 2.50 |
| Net Profit | 8.17 | 0.65 | 1.57 | 1.25 | -1.41 | 0.33 | -1.61 | -0.47 | -0.57 | 0.53 | 0.46 | -0.10 | -0.40 |
| EPS in Rs | 15.21 | 1.21 | 2.92 | 2.33 | -2.63 | 0.61 | -3.00 | -0.88 | -1.06 | 0.99 | 0.86 | -0.19 | -0.74 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 96.00 | 42.00 | 60.00 | 40.00 | 36.00 | 28.00 | 33.00 | 46.00 | 42.00 | 42.00 | 33.00 | 38.00 |
| Expenses | 93.00 | 43.00 | 59.00 | 40.00 | 36.00 | 28.00 | 33.00 | 41.00 | 36.00 | 37.00 | 30.00 | 34.00 |
| Operating Profit | 3.00 | -1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 5.00 | 5.00 | 5.00 | 3.00 | 4.00 |
| OPM % | 3.10 | -2.50 | 2.40 | -0.60 | 0.40 | -1.10 | 2.20 | 10.00 | 13.00 | 12.00 | 10.00 | 12.00 |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Depreciation | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 2.00 | -2.00 | 1.00 | -1.00 | -1.00 | -1.00 | 0.00 | 4.00 | 4.00 | 4.00 | 2.00 | 3.00 |
| Tax % | 2.00 | 4.00 | 12.00 | 21.00 | 64.00 | -33.00 | -81.00 | 24.00 | 26.00 | 32.00 | 39.00 | 33.00 |
| Net Profit | 2.00 | -2.00 | 0.00 | -1.00 | -1.00 | -1.00 | 0.00 | 3.00 | 3.00 | 3.00 | 1.00 | 2.00 |
| EPS in Rs | 3.84 | -4.34 | 0.91 | -2.51 | -1.97 | -1.53 | -0.15 | 5.29 | 5.88 | 5.55 | 2.70 | 4.13 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 28.00 | 31.00 | 27.00 | 44.00 | 29.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Reserves | 16.00 | 14.00 | 17.00 | 16.00 | 17.00 | 18.00 | 19.00 | 20.00 | 19.00 | 17.00 | 14.00 | 13.00 |
| Borrowings | 0.00 | 7.00 | 1.00 | 3.00 | 2.00 | 0.00 | 2.00 | 3.00 | 1.00 | -1.00 | 2.00 | 3.00 |
| Other Liabilities | 44.00 | 6.00 | 10.00 | 9.00 | 8.00 | 8.00 | 7.00 | 7.00 | 9.00 | 7.00 | 5.00 | 8.00 |
| Total Liabilities | 66.00 | 32.00 | 34.00 | 34.00 | 32.00 | 31.00 | 33.00 | 36.00 | 35.00 | 28.00 | 26.00 | 29.00 |
| Fixed Assets | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 6.00 | 5.00 | 5.00 |
| CWIP | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 59.00 | 27.00 | 29.00 | 29.00 | 28.00 | 27.00 | 28.00 | 31.00 | 29.00 | 23.00 | 21.00 | 24.00 |
| Total Assets | 66.00 | 32.00 | 34.00 | 34.00 | 32.00 | 31.00 | 33.00 | 36.00 | 35.00 | 28.00 | 26.00 | 29.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 12.00 | -4.00 | 3.00 | 0.00 | -5.00 | 5.00 | 4.00 | -1.00 | 0.00 | 7.00 | 4.00 | 2.00 |
| Cash from Investing Activity | -1.00 | -1.00 | 0.00 | -1.00 | 0.00 | 0.00 | -1.00 | 0.00 | 0.00 | -2.00 | 0.00 | 0.00 |
| Cash from Financing Activity | -7.00 | 5.00 | -3.00 | 1.00 | 2.00 | -2.00 | -3.00 | 1.00 | 1.00 | -5.00 | -3.00 | -1.00 |
| Net Cash Flow | 3.00 | 0.00 | 0.00 | 0.00 | -3.00 | 3.00 | 0.00 | -1.00 | 0.00 | 0.00 | 1.00 | 0.00 |
| Free Cash Flow | 10.00 | -5.00 | 3.00 | -1.00 | -5.00 | 5.00 | 3.00 | -1.00 | -1.00 | 5.00 | 4.00 | 1.00 |
| CFO/OP % | 391.00 | 371.00 | 217.00 | 125.00 | -3,469.00 | -1,623.00 | 597.00 | -3.00 | -6.00 | 129.00 | 119.00 | 39.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 24.00 | 56.00 | 53.00 | 96.00 | 105.00 | 92.00 | 74.00 | 70.00 | 60.00 | 35.00 | 57.00 | 63.00 |
| Inventory Days | 179.00 | 220.00 | 153.00 | 214.00 | 224.00 | 284.00 | 299.00 | 249.00 | 295.00 | 198.00 | 245.00 | 234.00 |
| Days Payable | 47.00 | 36.00 | 64.00 | 81.00 | 71.00 | 108.00 | 62.00 | 51.00 | 80.00 | 58.00 | 34.00 | 72.00 |
| Cash Conversion Cycle | 156.00 | 240.00 | 142.00 | 229.00 | 258.00 | 269.00 | 311.00 | 268.00 | 274.00 | 176.00 | 268.00 | 225.00 |
| Working Capital Days | 50.00 | 130.00 | 106.00 | 155.00 | 182.00 | 202.00 | 212.00 | 166.00 | 163.00 | 142.00 | 148.00 | 128.00 |
| ROCE % | 11.00 | -6.00 | 4.00 | -3.00 | -2.00 | -4.00 | 0.00 | 15.00 | 19.00 | 22.00 | 13.00 | 19.00 |
Corporate Actions
13 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 19 Sep 2019 | 20 Sep 2019 | — | 1.50 | |
| Dividend | 12 Sep 2018 | — | — | 1.80 | |
| Dividend | 14 Sep 2017 | — | — | 1.50 | |
| Dividend | 21 Sep 2016 | — | — | 1.20 | |
| Dividend | 16 Sep 2015 | — | — | 1.20 | |
| Dividend | 01 Sep 2014 | — | — | 1.20 | |
| Bonus | 20 Sep 2013 | 23 Sep 2013 | 3:2 | — | |
| Dividend | 07 Aug 2013 | — | — | 4.00 | |
| Dividend | 14 Sep 2012 | — | — | 3.00 | |
| Dividend | 19 Sep 2011 | — | — | 2.50 | |
| Dividend | 17 Sep 2010 | — | — | 1.80 | |
| Dividend | 18 Sep 2009 | — | — | 1.20 | |
| Dividend | 19 Sep 2008 | — | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update12 Feb 2021 from care
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Rating update3 Sep 2020 from care
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Rating update9 Jul 2020 from care
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Rating update24 Feb 2020 from care