As of 6 Nov 2026, Rapicut Carbides trades at 12.6× trailing earnings, below the industry P/E of 25.1×, and the shares are 27% below their 52-week high. It earns ROCE of 12% and ROE of 10.0%, and sales grew 34% a year over 3 years. It is a small-cap company with a market cap of ₹147 Cr, ranked 47th of 71 Metal Fabrication companies by market cap; the shares rose 235% over the past year.
- ₹274.15
- ₹274.15
- ₹273.40
- ₹287.75
- 12.1K
Health check
- ReturnsAhead
+234.6% over a year, better than 7 of 7 peers.
- Price tagCheaper
P/E 12.6 vs industry 25.1.
- GrowthStrong
Sales +34.1% a year over 3 years.
- ProfitabilityAverage
ROCE 11.6% vs peer median 15.6%.
- Balance sheetFair
Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹147 Cr
- Small cap
- P/E
- 12.6
- Industry 25.1
- Price to book
- 6.76
- Peers 7.00
- Dividend yield
- 0.00%
- ROE
- 10.0%
- Peers 8.6%
- ROCE
- 11.6%
- Peers 15.6%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹21.68
- OPM (TTM)
- 8.8%
- Net margin 6.9%
- Sales growth
- +690.6%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.87
- EV/EBITDA 9.7
Strengths and risks
Strengths
- Quarterly sales up 690.6% on a year ago.
- P/E of 12.6 against an industry P/E of 25.1.
About Rapicut Carbides
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…
- Headquarters
- Ankleshwar
- Employees
- 101
- Sector
- Industrials
- ISIN
- INE350D01015
- Website
- rapicutcarbides.com
Price range
- Avg volume (3M)
- 16.8K
- 1-year return
- plus 234.6%
- From 52-week high
- minus 27.4%
Peers · Metal Fabrication
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BHARATFORGBharat Forge | 1,740.00 | minus 0.74% | 85,029 | 121.8 | 7.23 | 15.6% | 6.7% | 14.7% | 9.7% | 26.9% | 0.49% | plus 32.3% |
| INDOMIMINDO-MIM | 1,219.50 | minus 3.93% | 60,302 | 101.1 | 20.94 | 22.8% | 21.3% | 28.6% | 15.8% | 4.9% | 0.00% | plus 64.4% |
| PTCILPTC Industries | 24,335.00 | plus 0.04% | 38,564 | 290.6 | 23.73 | 7.9% | 8.6% | 24.6% | 40.7% | 57.8% | 0.00% | plus 41.4% |
| ZETWERKZetwerk Manufacturing Businesses | 164.89 | minus 1.10% | 27,937 | – | −2.47 | −13.0% | −36.0% | 0.1% | 56.9% | – | 0.00% | plus 19.3% |
| HAPPYFORGEHappy Forgings | 1,694.50 | minus 10.00% | 15,996 | 49.0 | 7.00 | 18.9% | 15.2% | 30.6% | 9.8% | 13.1% | 0.24% | plus 85.8% |
| RKFORGERamkrishna Forgings | 693.85 | minus 4.25% | 13,087 | 68.4 | 3.51 | 4.7% | 5.6% | 17.1% | 10.5% | −33.9% | 0.58% | plus 35.6% |
| GRAVITAGravita India | 1,493.90 | minus 0.07% | 10,883 | 27.3 | 4.11 | 18.1% | 16.2% | 9.3% | 14.9% | 23.5% | 0.52% | minus 15.4% |
| RAPICUTRapicut Carbides | 273.40 | minus 4.99% | 147 | 12.6 | 6.76 | 11.6% | 10.0% | 8.8% | 34.1% | – | 0.00% | plus 234.6% |
| Median of 7 peers | – | −1.10% | 27,937 | 84.7 | 7.00 | 15.6% | 8.6% | 17.1% | 14.9% | 18.3% | 0.24% | 35.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 10.4 | 15.8 | 20.8 | 49.3 | 82 | |
| 11.5 | 14.2 | 18.8 | 48.8 | 71.3 | |
| −1.1 | 1.6 | 2 | 0.5 | 10.7 | |
| −10.8% | 10.4% | 9.6% | 0.9% | 13.0% | |
| 0 | 0.1 | 0 | 0.2 | 0 | |
| 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| −1.4 | 1.4 | 1.7 | 0.4 | 10.4 | |
| −0.2% | 8.5% | 9.9% | −59.4% | 21.7% | |
| −1.4 | 1.2 | 1.6 | 0.6 | 8.2 | |
| -2.63 | 2.33 | 2.93 | 1.21 | 15.21 |
Profit & loss
- Sales CAGR 3Y
- +34.1%
- ROE
- 10.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 39.6 | 60.2 | 42 | 95.5 | |
| – | +52.0% | minus 30.2% | +127.5% | |
| 39.8 | 58.7 | 43 | 92.5 | |
| −0.2 | 1.5 | −1 | 3 | |
| −0.6% | 2.4% | −2.5% | 3.2% | |
| −0 | −0 | −0 | 0.2 | |
| 0.3 | 0.4 | 0.8 | 0.5 | |
| 0.6 | 0.5 | 0.5 | 0.6 | |
| −0 | 0.1 | 0.1 | – | |
| −1.1 | 0.6 | −2.2 | 2.1 | |
| −20.1% | 12.5% | −3.5% | 2.4% | |
| −1.4 | 0.5 | −2.3 | 2.1 | |
| -2.52 | 0.91 | -4.33 | 3.84 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5.4 | 5.4 | 5.4 | 5.4 | |
| 16 | 16.5 | 14.2 | 16.4 | |
| 3.4 | 1.2 | 6.7 | – | |
| 9.3 | 10.5 | 5.5 | 43.8 | |
| 34.1 | 33.6 | 31.8 | 65.5 | |
| 4.8 | 4.7 | 5 | 5.9 | |
| 0.4 | 0.1 | 0.3 | 1.1 | |
| 0.1 | 0.2 | 0.2 | 0.2 | |
| 0.1 | 0 | 0 | 3 | |
| 28.8 | 28.7 | 26.3 | 55.3 | |
| 34.1 | 33.6 | 31.8 | 65.5 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.3 | 2.9 | −3.9 | 11.8 | |
| −0.7 | −0.3 | −0.7 | −1.5 | |
| 1 | −2.6 | 4.6 | −7.3 | |
| 0 | −0 | −0 | 3 | |
| −1 | −0.6 | −1.1 | −1.5 | |
| −1.3 | 2.3 | −5 | 10.3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.