SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rapicut Carbides Ltd (500360)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500360 NSE: Engineering - Industrial Equipments | Small Cap | Rapicut Carbides Share Price

₹189.40 10.35 (5.78%)

As on 12-Jun'26 16:59

Rapicut Carbides Ltd (500360)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500360 NSE: Engineering - Industrial Equipments | Small Cap | Rapicut Carbides Share Price

₹189.40 10.35 (5.78%)

As on 12-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹102 Cr.
Current Price
₹189.4
52-Week Low / High
₹67 / 205
TTM EPS
₹3.8
TTM Sales
₹96.3 Cr.
Book Value per Share
₹40.4
P/E Ratio
49.38
Industry PE
55.7
Price to Book (P/B)
4.68
Higher than its 5-year historical median
Price to Sales (P/S)
1.06
Higher than its 5-year historical median
EV/EBITDA
30.16
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-11.21%
Underperforms industry median
Return on Capital Employed (ROCE)
-5.66%
Underperforms industry median
Return on Assets (ROA)
-7.13%
Operating Profit Margin
-2.5%
Net Profit Margin
-5.54%
Gross Profit Margin
-4.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-30.2%
Operating Profit Growth (1 Year)
-
-172.41%
Net Profit Growth (1 Year)
-
-575.51%
Asset Quality
Promoter Holding
41.72%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹16 Cr.
Equity
₹5.4 Cr.
Face Value
₹10
All Time Low / High
₹0.44 / 204.95

Rapicut Carbides stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Rapicut Carbides Ltd a good quality company?
Rapicut Carbides Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Rapicut Carbides Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Rapicut Carbides Ltd vs industry peers?
Rapicut Carbides Ltd revenue CAGR is 4.58%, compared to the industry median CAGR of 3.04%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Rapicut Carbides Ltd?
Promoters hold 41.72% of the Rapicut Carbides Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Rapicut Carbides Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 15.6% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rapicut Carbides Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 13.1%22.2%19.4%14.6%-0.2%-4.3%-2.1%-3.4%4.3%-5.7%-
Value Creation
Index
-0.10.60.40.0-1.0-1.3-1.2-1.2-0.7-1.4-

Growth Parameters

Sales 33.541.941.846.333.62836.139.660.24296
Sales YoY Gr.-25.4%-0.4%10.7%-27.4%-16.6%29%9.5%52%-30.2%-
Adj EPS 2.75.45.95.3-0.2-1.5-2-2.50.8-4.53.8
YoY Gr.-98.9%9.3%-10.4%-103%NANANANA-651.9%-
BVPS (₹) 36.241.744.847.545.643.841.839.940.836.540.4
Adj Net
Profit
1.52.93.22.8-0.1-0.8-1.1-1.40.4-2.42
Cash Flow from Ops. 6.76.7-0.3-1.14.24.9-4.5-0.32.9-3.9-
Debt/CF from Ops. 0.3-0.2-4.1-30.40-0.5-11.90.4-1.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 2.6%4.6%5.1%-30.2%
Adj EPS -205.7%NANA-651.9%
BVPS0.1%-4.4%-4.5%-10.6%
Share Price 16.1% 43.7% 55% 149.9%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
7.613.813.611.4-0.3-3.4-4.6-6.22-11.610
Op. Profit
Mgn %
9.912.412.710.32.2-1.10.4-0.62.4-2.53.1
Net Profit
Mgn %
4.46.97.66.1-0.3-2.9-2.9-3.40.7-5.72.1
Debt to
Equity
0.1-0.10.10.10.100.10.20.10.30
Working Cap
Days
21416021323131132325325817423969
Cash Conv.
Cycle
15911614617925424218719712317929

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales33.4541.9441.7946.2533.5728.0136.1439.5760.1641.99
Operating Expenses + 30.1536.7536.4941.4732.8328.3136.0139.8158.7143.03
Manufacturing Costs3.283.934.163.552.633.263.233.135.215.15
Material Costs20.3725.7124.5730.2723.0518.8325.7129.8946.2729.39
Employee Cost 4.044.665.235.274.994.745.214.745.205.97
Other Costs 2.472.452.532.382.161.481.862.042.022.53
Operating Profit 3.305.205.304.780.74-0.300.13-0.241.45-1.05
Operating Profit Margin (%) 9.9%12.4%12.7%10.3%2.2%-1.1%0.3%-0.6%2.4%-2.5%
Other Income + 0.080.180.050.040.030.020.030.010.120.15
Exceptional Items -0.01000000000
Interest 0.440.340.240.230.360.140.130.290.480.85
Depreciation 0.560.660.810.860.840.790.670.600.530.50
Profit Before Tax 2.374.374.303.73-0.42-1.21-0.64-1.130.56-2.25
Tax 0.921.401.140.89-0.34-0.390.420.230.070.08
Profit After Tax 1.452.983.162.84-0.08-0.82-1.06-1.350.49-2.33
PAT Margin (%) 4.3%7.1%7.6%6.1%-0.3%-2.9%-2.9%-3.4%0.8%-5.5%
Adjusted EPS (₹)2.75.55.95.3-0.2-1.5-2.0-2.50.9-4.3
Dividend Payout Ratio (%)44.40%27.10%30.60%28.40%0%0%0%0%0%0%

Valuation of Rapicut Carbides - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 19.4422.4024.0425.5424.4723.5022.4621.4221.9019.58
Share Capital 5.375.375.375.375.375.375.375.375.375.37
Reserves 14.0617.0318.6720.1619.1018.1317.0916.0516.5314.21
Debt +1.70-1.471.143.341.410.052.163.411.246.71
Long Term Debt0.010.330.070.110.150.050.030.0100
Short Term Debt1.69-1.801.063.231.2702.123.391.246.71
Minority Interest0000000000
Trade Payables1.904.435.404.253.895.555.026.608.092.92
Others Liabilities 3.0733.972.662.661.622.312.502.282.52
Total Liabilities 26.1128.3734.5535.8032.4230.7231.9533.9233.5131.73

Fixed Assets

Net Fixed Assets +4.655.725.364.835.104.483.984.364.594.69
Gross Block11.4412.6813.0913.1314.2414.3514.5215.3015.7016.11
Accumulated Depreciation6.786.977.738.309.149.8710.5410.9411.1111.41
CWIP 0.020.0500000.340.4000.18
Investments 0.020.030.040.050.070.080.110.130.150.18
Inventories13.6915.2419.8420.6618.8714.6515.7817.5219.3917.70
Trade Receivables5.174.026.838.896.737.0710.4110.428.676.50
Cash Equivalents 1.361.091.010.450.483.330.320.320.220.18
Others Assets 1.192.231.470.911.171.1010.760.482.31
Total Assets 26.1128.3734.5535.8032.4230.7231.9533.9233.5131.73

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 6.736.73-0.34-1.114.204.86-4.52-0.292.90-3.90
PBT 2.374.374.303.73-0.42-1.21-0.64-1.130.56-2.25
Adjustment 0.520.550.771.021.150.910.760.840.901.23
Changes in Working Capital 3.841.81-5.41-4.93.765.17-4.63-0.011.68-2.89
Tax Paid 000-0.95-0.28-0.01-0.010.01-0.240
Cash Flow From Investing Activity + -0.29-1.55-0.36-0.30-1.10-0.27-0.49-0.69-0.35-0.70
Capex -0.34-1.75-0.41-0.32-1.12-0.17-0.51-0.70-0.28-0.67
Net Investments 0.020.1300000000
Others 0.030.070.050.020.02-0.100.030-0.07-0.03
Cash Flow From Financing Activity + -5.56-5.320.560.85-3.07-1.701.981.03-2.604.61
Net Proceeds from Shares 000-1.17000000
Net Proceeds from Borrowing -0.030.32-0.250.040.22-1.562.111.2700
Interest Paid 000-0.19-0.33-0.14-0.13-0.25-0.43-0.85
Dividend Paid -0.78-0.78-0.970-1.0100000
Others -4.76-4.871.792.17-1.960-00-2.165.46
Net Cash Flow 0.88-0.15-0.14-0.550.032.90-3.030.04-0.05-0

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)7.614.2313.6211.46-0.34-3.4-4.59-6.162.26-11.21
ROCE (%)13.1222.1819.414.58-0.24-4.33-2.12-3.374.34-5.66
Asset Turnover Ratio1.351.741.351.320.980.891.151.21.781.29
PAT to CFO Conversion(x)4.642.26-0.11-0.39N/AN/AN/AN/A5.92N/A
Working Capital Days
Receivable Days5735.4046.50628589.9088.3096.1057.9065.80
Inventory Days145.10111.50150.50159.80214.90218.40153.70153.60112160.80
Payable Days61.60457358.2064.4091.5075.107157.9068.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Rapicut Carbides Ltd FAQs

The current trading price of Rapicut Carbides on 12-Jun-2026 16:59 is ₹189.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 11-Jun-2026 the market cap of Rapicut Carbides stood at ₹101.7 Cr

The latest P/E ratio of Rapicut Carbides as of 11-Jun-2026 is 49.38.

The latest P/B ratio of Rapicut Carbides as of 11-Jun-2026 is 4.68.

The 52-week high of Rapicut Carbides is ₹204.9 and the 52-week low is ₹66.66.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rapicut Carbides is ₹96.28 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Rapicut Carbides Ltd is a average quality company.

The key valuation ratios of Rapicut Carbides Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rapicut Carbides Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Rapicut Carbides Ltd

Rapicut Carbides Limited (RCL) was incorporated as a Public Limited Company, in April 1977, and an integrated unit was set up at Ankleshwar, Gujarat for manufacturing of Tungsten Carbide Tips, Inserts and other Carbide products from ore stage. Commercial Production Commenced in October 1979.

RCL today manufactures a wide range of Tungsten Carbide (T.C.) Products viz., Tungsten Carbide Tips, Tungsten Carbide Inserts, Wire Drawing Nibs, Bar and Tube drawing Pellets, Tungsten Carbide Rings, Flats, Bushes, Jute Eyelets, Solid Carbide Cutters and a wide range of Tool Room Products.

The rigid quality control at RC has enabled it to meet the exact requirements of Engineering Industry.Total customer satisfaction shall be their prime corporate objective.

Product range of the company includes:

Mining:

  • Tungsten Carbide Mining Products
  • Drill Steel Inserts
  • Octagonal/ Square Inserts
  • Tungsten Carbide Buttons
  • BWE Inserts
  • Carset / Cross Bit Inserts
  • Flow Beans/ Nozzles.

Other Mining Products:

  • Coal Cutting Tips
  • Cutter pick inserts required in Anderson Shearers
  • Pineapple Bit for oil exploration
  • Dosco Dint and Dosco Road header
  • Special square inserts are offered for Chain Saw used in Marble Mining.

Wear Parts:

  • Mechanical Seal Rings
  • Pellets/Nibs
  • Jute Eyelets.

Metal Cutting:

  • Engineering
  • Shoe Accessories
  • Blanks for Rotary Burrs
  • Tips for form tools
  • Flats for knives
  • Scarfer tools
  • Tips for grooving tools
  • Rods for boring tools
  • Slitting cutter blanks, etc.

Intermediates:

  • Reduction of Tungsten Oxide to Tungsten Metal Powder
  • Carburizing of Tungsten Metal to Tungsten Carbide Powder
  • Tungsten Carbide to Ready to Press powder

Finished Product

  • Rapicut supplies Flats, segments, Bushes, Rods, Brazed Tools etc.for various
  • Rapicut solid carbide
  • Special Form/Profile Inserts
  • Work Rest Blades.

Achievements/ recognition:

  • RCL is an ISO 9001: 2000 Certified Company (by RWTUV)
To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: