Rapicut Carbides (BSE 500360)₹246.80−4.99%Industrial Products
In the Mar 2026 quarter (standalone), Rapicut Carbides reported sales of ₹49.42 Cr, up 370.7% from Mar 2025, and net profit of ₹0.66 Cr, up 94.1% year on year. For the year to Mar 2026, sales were ₹96.49 Cr and net profit ₹2.07 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12.31 | 15.73 | 15.29 | 16.94 | 10.92 | 8.97 | 11.70 | 10.50 | 10.39 | 15.85 | 20.83 | 49.42 |
| Expenses | 12.57 | 15.54 | 14.51 | 16.16 | 11.36 | 9.09 | 12.93 | 9.74 | 11.52 | 14.20 | 18.80 | 48.91 |
| Operating Profit | −0.28 | 0.19 | 0.78 | 0.79 | −0.46 | −0.13 | −1.24 | 0.76 | −1.13 | 1.65 | 2.01 | 0.48 |
| OPM % | −2.2% | 1.2% | 5.1% | 4.7% | −4.1% | −1.3% | −10.5% | 7.2% | −10.7% | 10.4% | 9.7% | 1.0% |
| Other Income | 0.05 | 0.00 | 0.02 | 0.01 | 0.10 | 0.01 | 0.00 | 0.00 | 0.00 | 0.09 | 0.00 | 0.16 |
| Interest | 0.06 | 0.13 | 0.18 | 0.15 | 0.10 | 0.23 | 0.28 | 0.27 | 0.17 | 0.24 | 0.13 | 0.10 |
| Depreciation | 0.13 | 0.14 | 0.11 | 0.11 | 0.11 | 0.11 | 0.12 | 0.12 | 0.12 | 0.13 | 0.13 | 0.13 |
| Profit before tax | −0.41 | −0.10 | 0.52 | 0.55 | −0.56 | −0.45 | −1.63 | 0.38 | −1.41 | 1.38 | 1.76 | 0.42 |
| Tax % | 2.5% | 11.1% | 7.8% | 1.8% | 3.6% | 6.8% | −0.6% | 10.8% | 0.0% | 8.7% | 9.7% | −61.0% |
| Net Profit | −0.41 | −0.11 | 0.47 | 0.54 | −0.58 | −0.48 | −1.62 | 0.34 | −1.40 | 1.26 | 1.58 | 0.66 |
| EPS (Rs) | −0.73 | −0.18 | 0.85 | 0.98 | −1.05 | −0.87 | −2.99 | 0.60 | −2.62 | 2.32 | 2.91 | 1.20 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 33.27 | 41.93 | 41.74 | 46.24 | 33.44 | 28.05 | 36.18 | 39.62 | 60.24 | 42.07 | 96.49 | 96.49 |
| Expenses | 29.95 | 36.72 | 36.42 | 41.44 | 32.72 | 28.37 | 36.08 | 39.86 | 58.79 | 43.10 | 93.42 | 93.43 |
| Operating Profit | 3.35 | 5.21 | 5.31 | 4.78 | 0.76 | −0.31 | 0.14 | −0.25 | 1.46 | −1.06 | 3.00 | 3.01 |
| OPM % | 10.1% | 12.5% | 12.8% | 10.4% | 2.3% | −1.1% | 0.4% | −0.6% | 2.4% | −2.5% | 3.1% | 3.1% |
| Other Income | 0.02 | 0.17 | 0.04 | 0.03 | 0.02 | 0.01 | 0.02 | 0.00 | 0.11 | 0.14 | 0.27 | 0.25 |
| Interest | 0.45 | 0.35 | 0.25 | 0.24 | 0.37 | 0.15 | 0.14 | 0.30 | 0.49 | 0.86 | 0.61 | 0.64 |
| Depreciation | 0.55 | 0.65 | 0.80 | 0.85 | 0.83 | 0.78 | 0.66 | 0.59 | 0.52 | 0.49 | 0.55 | 0.51 |
| Profit before tax | 2.38 | 4.39 | 4.31 | 3.73 | −0.43 | −1.22 | −0.65 | −1.13 | 0.57 | −2.26 | 2.12 | 2.15 |
| Tax % | 38.8% | 31.9% | 26.2% | 23.9% | −81.0% | −33.1% | 64.0% | 20.5% | 12.5% | 3.6% | 2.4% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 1.46 | 2.99 | 3.17 | 2.85 | −0.09 | −0.83 | −1.07 | −1.36 | 0.50 | −2.34 | 2.07 | 2.10 |
| EPS (Rs) | 2.69 | 5.54 | 5.87 | 5.28 | −0.14 | −1.52 | −1.96 | −2.50 | 0.90 | −4.33 | 3.83 | 3.81 |
| Dividend payout % | 44.5% | 27.1% | 30.7% | 28.5% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.38 | 5.39 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.36 |
| Reserves | 13.40 | 14.10 | 17.05 | 18.70 | 20.21 | 19.14 | 18.17 | 17.13 | 16.06 | 16.55 | 14.23 | 16.30 |
| Borrowings | 2.89 | 1.73 | −1.07 | 1.38 | 3.37 | 1.62 | 0.06 | 2.17 | 3.42 | 1.25 | 6.72 | 0.00 |
| Other Liabilities | 7.79 | 4.97 | 7.08 | 9.17 | 6.93 | 6.63 | 7.97 | 7.71 | 9.32 | 10.54 | 5.53 | 44.02 |
| Total Liabilities | 29.46 | 26.19 | 28.44 | 34.63 | 35.89 | 32.77 | 31.58 | 32.39 | 34.18 | 33.72 | 31.86 | 65.68 |
| Fixed Assets | 4.92 | 4.67 | 5.74 | 5.38 | 4.85 | 5.12 | 4.50 | 4.00 | 4.37 | 4.60 | 4.71 | 4.76 |
| CWIP | 0.00 | 0.03 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.35 | 0.41 | 0.00 | 0.19 | 1.13 |
| Investments | 0.03 | 0.01 | 0.02 | 0.03 | 0.04 | 0.06 | 0.07 | 0.10 | 0.12 | 0.14 | 0.17 | 0.19 |
| Other Assets | 24.51 | 21.48 | 22.64 | 29.22 | 31.00 | 27.59 | 27.01 | 27.94 | 29.28 | 28.98 | 26.79 | 59.60 |
| Inventories | 16.15 | 13.66 | 15.20 | 19.77 | 20.58 | 18.81 | 14.60 | 15.73 | 17.48 | 19.32 | 17.63 | 38.59 |
| Trade receivables | 6.54 | 5.15 | 4.00 | 6.81 | 8.86 | 6.71 | 7.05 | 10.38 | 10.38 | 8.63 | 6.47 | 6.22 |
| Cash & equivalents | 0.49 | 1.37 | 1.10 | 1.02 | 0.46 | 0.49 | 3.34 | 0.33 | 0.33 | 0.23 | 0.19 | 3.11 |
| Total Assets | 29.46 | 26.19 | 28.44 | 34.63 | 35.89 | 32.77 | 31.58 | 32.39 | 34.18 | 33.72 | 31.86 | 65.68 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 1.76 | 3.99 | 6.76 | −0.35 | −1.12 | 4.21 | 4.88 | −4.53 | −0.30 | 2.91 | −3.91 | 11.80 |
| Cash from investing activity | −0.46 | −0.28 | −1.56 | −0.37 | −0.29 | −1.11 | −0.28 | −0.50 | −0.70 | −0.36 | −0.71 | −1.49 |
| Cash from financing activity | −1.17 | −2.79 | −5.31 | 0.55 | 0.84 | −3.06 | −1.69 | 1.97 | 1.02 | −2.59 | 4.60 | −7.30 |
| Net cash flow | 0.10 | 0.87 | −0.16 | −0.13 | −0.56 | 0.02 | 2.89 | −3.02 | 0.03 | −0.06 | 0.00 | 2.97 |
| Capex | 0.63 | 0.33 | 1.74 | 0.40 | 0.36 | 1.11 | 0.32 | 0.00 | 0.00 | 0.58 | 1.05 | 1.50 |
| Free cash flow | 1.13 | 3.64 | 4.99 | −0.76 | −1.44 | 3.09 | 4.54 | −5.04 | −1.00 | 2.55 | −4.61 | 10.28 |
| CFO / OP % | 39.0% | 119.0% | 129.0% | −6.0% | −3.0% | 597.0% | −1,623.0% | −3,469.0% | 125.0% | 217.0% | 371.0% | 391.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 63 | 57 | 35 | 60 | 70 | 74 | 92 | 105 | 96 | 53 | 56 | 24 |
| Inventory days | 234 | 245 | 198 | 295 | 249 | 299 | 284 | 224 | 214 | 153 | 220 | 179 |
| Days payable | 72 | 34 | 58 | 80 | 51 | 62 | 108 | 71 | 81 | 64 | 36 | 47 |
| Cash conversion cycle | 225 | 268 | 176 | 274 | 268 | 311 | 269 | 258 | 229 | 142 | 240 | 156 |
| Working capital days | 128 | 148 | 142 | 163 | 166 | 212 | 202 | 182 | 155 | 106 | 130 | 50 |
| ROCE % | 18.7% | 13.2% | 21.7% | 19.5% | 14.6% | −0.2% | −4.3% | −2.1% | −3.3% | 4.0% | −6.1% | 11.4% |
For the Mar 2026 quarter, Rapicut Carbides reported sales of ₹49.42 Cr, up 370.7% year on year and net profit of ₹0.66 Cr, up 94.1% year on year. The operating margin was 1.0%.
Rapicut Carbides' sales for the year to Mar 2026 were ₹96.49 Cr; over the last twelve months they were ₹96.49 Cr.
Net profit for the year to Mar 2026 was ₹2.07 Cr, and ₹2.10 Cr over the last twelve months. Earnings per share over the same trailing period were ₹3.81.
Rapicut Carbides reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹3.11 Cr.
Cash from operations was ₹11.80 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹10.28 Cr.