Rapicut Carbides Ltd - Stock Valuation and Financial Performance

BSE: 500360 | NSE: | Engineering - Industrial Equipments | Small Cap

Rapicut Carbides Share Price

159.45 7.55 4.97%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on Rapicut Carbides

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Rapicut Carbides stock performance -

mw4me loader
P/E Ratio (SA):
175.14
Market Cap:
85.6 Cr.
52-wk low:
52.8
52-wk high:
159.5

Is Rapicut Carbides Ltd an attractive stock to invest in?

1. Is Rapicut Carbides Ltd a good quality company?

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

2. Is Rapicut Carbides Ltd undervalued or overvalued?

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

3. Is Rapicut Carbides Ltd a good buy now?

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.

10 Year X-Ray of Rapicut Carbides:

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

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 14.3%12.6%8.3%14.7%14.3%11%0.6%-2.9%-4%-4.6%-
Value Creation
Index
0.0-0.1-0.40.10.0-0.2-1.0-1.2-1.3-1.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 38.538.633.541.941.846.333.62836.139.660
Sales YoY Gr.-0.3%-13.4%25.4%-0.4%10.7%-27.4%-16.6%29%9.5%-
Adj EPS 4.44.22.75.45.95.3-0.2-1.5-2-2.50.9
YoY Gr.--5.7%-35%98.9%9.3%-10.4%-103%NANANA-
BVPS (₹) 32.234.936.241.744.847.545.643.841.839.940.8
Adj Net
Profit
2.42.21.52.93.22.8-0.1-0.8-1.1-1.40
Cash Flow from Ops. 11.86.76.7-0.3-1.14.24.9-4.5-0.3-
Debt/CF from Ops. 2.61.70.3-0.2-4.1-30.40-0.5-11.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.3%-1.1%5.6%9.5%
Adj EPS -194%-184.4%NANA
BVPS2.4%-2.3%-4.3%-4.6%
Share Price 14% 31% 67.4% 201.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
14.412.47.613.813.611.4-0.3-3.4-4.6-6.22.3
Op. Profit
Mgn %
11.711.69.912.412.710.32.2-1.10.4-0.62.4
Net Profit
Mgn %
6.25.84.46.97.66.1-0.3-2.9-2.9-3.40.8
Debt to
Equity
0.20.20.1-0.10.10.10.100.10.20
Working Cap
Days
16818321416021323131132325325891
Cash Conv.
Cycle
11313215911614617925424218719747

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.30%

Sales growth is good in last 4 quarters at 63.17%

Sales growth has been subdued in last 3 years 5.63%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Rapicut Carbides Ltd.

Standalone Consolidated
TTM EPS (₹) 0.9 -
TTM Sales (₹ Cr.) 60.2 -
BVPS (₹.) 40.8 -
Reserves (₹ Cr.) 17 -
P/BV 3.91 -
PE 175.14 -
From the Market
52 Week Low / High (₹) 52.76 / 159.45
All Time Low / High (₹) 0.44 / 151.90
Market Cap (₹ Cr.) 85.6
Equity (₹ Cr.) 5.4
Face Value (₹) 10
Industry PE 71.4

Management X-Ray of Rapicut Carbides:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Rapicut Carbides

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales38.4938.6233.4541.9441.7946.2533.5728.0136.1439.57
Operating Expenses 33.9934.1630.1536.7536.4941.4732.8328.3136.0139.81
Manufacturing Costs3.213.073.283.934.163.552.633.263.233.13
Material Costs25.2225.2420.3725.7124.5730.2723.0518.8325.7129.89
Employee Cost 3.213.504.044.665.235.274.994.745.214.74
Other Costs 2.352.352.472.452.532.382.161.481.862.04
Operating Profit 4.504.463.305.205.304.780.74-0.300.13-0.24
Operating Profit Margin (%) 11.7%11.6%9.9%12.4%12.7%10.3%2.2%-1.1%0.3%-0.6%
Other Income 0.020.070.080.180.050.040.030.020.030.01
Interest 0.410.540.440.340.240.230.360.140.130.29
Depreciation 0.590.650.560.660.810.860.840.790.670.60
Exceptional Items -0.01-0.03-0.010000000
Profit Before Tax 3.513.312.374.374.303.73-0.42-1.21-0.64-1.13
Tax 1.151.100.921.401.140.89-0.34-0.390.420.23
Profit After Tax 2.352.221.452.983.162.84-0.08-0.82-1.06-1.35
PAT Margin (%) 6.1%5.7%4.3%7.1%7.6%6.1%-0.3%-2.9%-2.9%-3.4%
Adjusted EPS (₹)4.44.12.75.55.95.3-0.2-1.5-2.0-2.5
Dividend Payout Ratio (%)27%29%44%27%31%28%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 17.3218.7619.4422.4024.0425.5424.4723.5022.4621.42
Share Capital 5.375.375.375.375.375.375.375.375.375.37
Reserves 11.9513.3914.0617.0318.6720.1619.1018.1317.0916.05
Minority Interest0000000000
Debt2.122.861.70-1.471.143.341.410.052.163.41
Long Term Debt0.840.040.010.330.070.110.150.050.030.01
Short Term Debt1.282.821.69-1.801.063.231.2702.123.39
Trade Payables2.544.971.904.435.404.253.895.555.026.60
Others Liabilities 2.952.823.0733.972.662.661.622.312.50
Total Liabilities 24.9429.4026.1128.3734.5535.8032.4230.7231.9533.92

Fixed Assets

Gross Block11.3211.3511.4412.6813.0913.1314.2414.3514.5215.30
Accumulated Depreciation6.426.456.786.977.738.309.149.8710.5410.94
Net Fixed Assets4.904.904.655.725.364.835.104.483.984.36
CWIP 0.0100.020.0500000.340.40
Investments 0.040.040.020.030.040.050.070.080.110.13
Inventories13.6916.2013.6915.2419.8420.6618.8714.6515.7817.52
Trade Receivables4.426.565.174.026.838.896.737.0710.4110.42
Cash Equivalents 0.370.481.361.091.010.450.483.330.320.32
Others Assets1.511.231.192.231.470.911.171.1010.76
Total Assets 24.9429.4026.1128.3734.5535.8032.4230.7231.9533.92

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1.011.756.736.73-0.34-1.114.204.86-4.52-0.29
PBT 3.523.352.374.374.303.73-0.42-1.21-0.64-1.13
Adjustment 0.560.630.520.550.771.021.150.910.760.84
Changes in Working Capital -3.07-2.233.841.81-5.41-4.93.765.17-4.63-0.01
Tax Paid 00000-0.95-0.28-0.01-0.010.01
Cash Flow From Investing Activity -1.72-0.45-0.29-1.55-0.36-0.30-1.10-0.27-0.49-0.69
Capex -1.70-0.64-0.34-1.75-0.41-0.32-1.12-0.17-0.51-0.70
Net Investments 000.020.13000000
Others -0.020.180.030.070.050.020.02-0.100.030
Cash Flow From Financing Activity 0.09-1.18-5.56-5.320.560.85-3.07-1.701.981.03
Net Proceeds from Shares 00000-1.170000
Net Proceeds from Borrowing 0.25-0.80-0.030.32-0.250.040.22-1.562.111.27
Interest Paid 00000-0.19-0.33-0.14-0.13-0.25
Dividend Paid -0.75-0.78-0.78-0.78-0.970-1.01000
Others 0.590.39-4.76-4.871.792.17-1.96000
Net Cash Flow -0.620.110.88-0.15-0.14-0.550.032.90-3.030.04
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)14.2512.297.614.2313.6211.46-0.34-3.4-4.59-6.16
ROCE (%)21.0218.5413.1222.1819.414.58-0.24-4.33-2.12-3.37
Asset Turnover Ratio1.731.61.351.741.351.320.980.891.151.2
PAT to CFO Conversion(x)0.430.794.642.26-0.11-0.39N/AN/AN/AN/A
Working Capital Days
Receivable Days36465735476285908896
Inventory Days119125145112150160215218154154
Payable Days56546245735864917571

Rapicut Carbides Ltd Stock News

Rapicut Carbides Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rapicut Carbides on 12-Jul-2024 16:01 is ₹159.4.
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 12-Jul-2024 16:01 the market cap of Rapicut Carbides stood at ₹85.64.
The latest P/E ratio of Rapicut Carbides as of 12-Jul-2024 16:01 is 175.1.
The latest P/B ratio of Rapicut Carbides as of 12-Jul-2024 16:01 is 3.91.
The 52-week high of Rapicut Carbides is ₹159.4 and the 52-week low is ₹52.76.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rapicut Carbides is ₹60.16 ( Cr.) .

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)
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