What drove the revenue increase at Rapicut Carbides?

Strong growth in tungsten carbide product sales drove the surge. Revenue jumped to ₹96.3 cr from ₹42.0 cr in the prior year.

How did profitability change?

The company swung from a net loss of ₹2.33 cr to a net profit of ₹2.06 cr, driven by the surge in product sales.

How much of the annual revenue came in the fourth quarter?

Q4 contributed ₹49.3 cr in revenue and ₹0.65 cr in net profit, meaning more than half of the year's sales were booked in the final three months.

What did the auditors say?

The statutory auditors issued an unmodified opinion on the FY26 results.

Earnings · Engineering - Industrial Equipments · Micro cap

Rapicut Carbides revenue more than doubles, swings to profit

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

— 1 earlier story on Rapicut Carbides Ltd. →

RAPICUT By Tipsheet Editorial 30 May 2026 · 4:55 PM IST Verify on BSE · NSE

Mkt cap₹105 cr

P/E50.75×

ROE0.00%

Debt / eq.0.34

₹96.3 cr Annual revenue from operations, more than double the prior year's ₹42.0 cr.

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 this 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.

Questions answered

What drove the revenue increase at Rapicut Carbides?: Strong growth in tungsten carbide product sales drove the surge. Revenue jumped to ₹96.3 cr from ₹42.0 cr in the prior year.
How did profitability change?: The company swung from a net loss of ₹2.33 cr to a net profit of ₹2.06 cr, driven by the surge in product sales.
How much of the annual revenue came in the fourth quarter?: Q4 contributed ₹49.3 cr in revenue and ₹0.65 cr in net profit, meaning more than half of the year's sales were booked in the final three months.
What did the auditors say?: The statutory auditors issued an unmodified opinion on the FY26 results.

Mentioned: Rapicut Carbides · ₹96.3 cr revenue · ₹2.06 cr net profit

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Rapicut Carbides Ltd.

Engineering & Capital Goods

₹110 cr

P/E 53.32×

Latest quarter · Mar 2026

Sales₹49 cr

Net profit₹1 cr

Op. margin+0.9%

EPS₹1.21

Strength & growth

Debt / equity0.34×

Current ratio2.36×

Sales CAGR+10.6%

EPS CAGR+2.4%

Story so far

All notes on RAPICUT →

30 May 2026 · 4:55 PM IST Rapicut Carbides revenue more than doubles, swings to profit
44d ago Rapicut Carbides doubles revenue and turns ₹2.06 cr profit after last year's loss