Rapicut Carbides revenue more than doubles, swings to profit

Tipsheet Editorial — Sat, 30 May 2026 16:55:38 GMT

Revenue from operations surged to ₹96.3 crore from ₹42.0 crore a year ago, and net profit turned positive.

What’s new

FY26 revenue surged to ₹96.3 cr from ₹42.0 cr in FY25.
Net profit of ₹2.06 cr reverses last year's ₹2.33 cr loss.
Q4 alone delivered ₹49.3 cr in revenue and ₹0.65 cr in net profit.

Why it matters

A revenue jump of this scale for a nano-cap industrial company is a step-change, not an incremental improvement. The swing from a ₹2.33 cr loss to a ₹2.06 cr profit means the growth is translating to the bottom line, not just the top line.

What we’re watching

Whether the revenue momentum is sustainable beyond a single fiscal year.
The company's margin trajectory as it scales from a small base.
Any capex or working-capital plans to support the new revenue run-rate.

The full read

Rapicut Carbides had a strong year. Revenue from operations hit ₹96.3 crore, more than doubling the prior year's ₹42.0 crore, on surging tungsten carbide product sales. That top-line growth pulled the company into the black. Net profit came in at ₹2.06 crore, erasing a ₹2.33 crore loss from a year ago. The fourth quarter did the heavy lifting. Q4 revenue was ₹49.3 crore, or more than half the annual total, with net profit of ₹0.65 crore. The statutory auditors signed off with an unmodified opinion. For a nano-cap industrial name, the turnaround is real. The numbers are clear. The open question is whether Rapicut can hold this pace as it scales.

Primary source: BSE · NSE

Rapicut Carbides doubles revenue and turns ₹2.06 cr profit after last year's loss

Tipsheet Editorial — Sat, 30 May 2026 16:27:57 GMT

The tungsten carbide maker's annual sales surged to ₹96.3 crore, reversing a ₹2.33 crore loss. A clean auditor's sign-off caps a sharp turnaround year.

What’s new

Annual revenue more than doubled to ₹96.3 crore, up from ₹42 crore in FY25.
Net profit of ₹2.06 crore replaces the prior year's ₹2.33 crore loss.
Q4 alone accounted for ₹49.3 crore in revenue, more than half the annual total.

Why it matters

Rapicut has moved from a loss to a profit on the back of a sales surge, validating the tungsten carbide product demand. The clean auditor's opinion adds credibility to the numbers, but the heavy Q4 weighting means the momentum is recent and needs to be sustained.

What we’re watching

Whether Q1 FY27 maintains the sales pace after the strong finish to the year.
The margin profile as the company scales beyond the ₹96 crore revenue base.
Any commentary on raw material costs for tungsten, which drive the product economics.

The full read

Rapicut Carbides has delivered a sharp reversal. Annual revenue more than doubled to ₹96.3 crore from ₹42 crore, and the company swung to a ₹2.06 crore profit from a ₹2.33 crore loss. The turnaround was concentrated in the fourth quarter, which contributed ₹49.3 crore in revenue and ₹0.65 crore in profit. That means more than half the year's sales happened in the final three months. The statutory auditors gave the results a clean pass with an unmodified opinion. The question now is whether this sales pace holds after a massive Q4, or whether the year's strength was a one-time surge in tungsten carbide orders.

Primary source: BSE · NSE

Rapicut Carbides Ltd. (RAPICUT) — Tipsheet

Rapicut Carbides revenue more than doubles, swings to profit

What’s new

Why it matters

What we’re watching

The full read

Rapicut Carbides doubles revenue and turns ₹2.06 cr profit after last year's loss

What’s new

Why it matters

What we’re watching

The full read