Rapicut Carbides doubles revenue and turns ₹2.06 cr profit after last year's loss
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.
— 1 earlier story on Rapicut Carbides Ltd. →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 this 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.
Questions answered
- How much did Rapicut's revenue grow and what drove it?
- Revenue more than doubled to ₹96.3 crore from ₹42 crore. The growth was driven by a surge in sales of tungsten carbide products.
- What was the profit turnaround?
- The company posted a net profit of ₹2.06 crore for FY26, compared to a net loss of ₹2.33 crore in the prior year.
- How was the fourth quarter performance?
- Q4 revenue was ₹49.3 crore with a net profit of ₹0.65 crore. The quarter alone delivered more than half the full-year revenue.
- Did the auditors flag any issues?
- No. The statutory auditors issued an unmodified opinion on the financial statements, meaning no qualifications or concerns.
- What administrative changes were announced?
- The board appointed RAYS and Associates as internal auditors and S M R P & Associates as tax auditors for the current fiscal year.
Rapicut Carbides Ltd.
Latest quarter · Mar 2026
Strength & growth
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All notes on RAPICUT →- 30 May 2026 · 4:27 PM IST Rapicut Carbides doubles revenue and turns ₹2.06 cr profit after last year's loss
- 44d ago Rapicut Carbides revenue more than doubles, swings to profit