About Rapicut Carbides Limited
Data last updated: 14 July 2026
Rapicut Carbides Limited is a public limited company based in Ankleshwar, Gujarat, India. It specialises in industrial machine tools, a part of the broader machinery and industrial equipment sector. Incorporated on 05 April 1977, the company has been in operation for over 49 years.
Registered with ROC Ahmedabad under CIN L28910GJ1977PLC002998. Listed on BSE: 500360.
Capital: an authorised share capital of ₹8 Cr and a paid-up capital of ₹5.37 Cr. It is led by directors including Atul Ravindra Garg and Abhishek Vipinchandra Gami.
Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: 119 Gidc Industrial Area, Ankleshwar, Gujarat, India – 393002.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹96.28 Cr, a growth of 129.31% compared to the previous year. The net worth stands at ₹21.72 Cr (up 10.92% YoY). Total assets are valued at ₹65.54 Cr (up 106.18% YoY).
The company has a workforce of approximately 94 employees as per the latest available data.
The company is associated with 1 brand - Rapicut Carbides. As per MCA filings, the company has open charges of ₹14.75 Cr and satisfied charges of ₹9.84 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rapicutcarbides.com.
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Registered Address119 Gidc Industrial Area, Ankleshwar, Gujarat, India – 393002
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IndustryMachinery and Equipment, Industrial Machine Tools
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Rapicut Carbides Limited
Rapicut Carbides Limited has one previous CIN (Corporate Identification Number): U28910GJ1977PLC002998. The current CIN is L28910GJ1977PLC002998, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L28910GJ1977PLC002998 | Current |
| U28910GJ1977PLC002998 | Previous |
Associated Brands with Rapicut Carbides Limited
Rapicut Carbides Limited operates one associated brand: Rapicut Carbides. These brands represent Rapicut Carbides Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Tungsten carbide products are manufactured for mining and industrial tools. | rapicutcarbides.com |
Business Activity of Rapicut Carbides Limited
Rapicut Carbides Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Rapicut Carbides Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Rapicut Carbides Limited
Rapicut Carbides Limited is audited by K C Mehta & Co LLP (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| K C Mehta & Co LLP (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Rapicut Carbides Limited
Rapicut Carbides Limited is currently managed by 5 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Atul Ravindra Garg
Also directs:
Rapicut Carbides Limited, Tpi Systems Private Limited, Anjaleem Enterprise Pvt Ltd and 1 more
|
Director | 07 Feb 2022 | 4 Years 6 Months | Current |
|
Abhishek Vipinchandra Gami
Also directs:
Rapicut Carbides Limited, United Wolfram Private Limited
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Managing Director | 01 Jul 2020 | 6 Years 1 Months | Current |
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Shruti Abhishek Gami
Also directs:
Rapicut Carbides Limited, United Wolfram Private Limited
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Director | 01 Jul 2020 | 6 Years 1 Months | Current |
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Kishore Dindayal Sharma
Also directs:
Rapicut Carbides Limited
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Director | 01 Jul 2020 | 6 Years 1 Months | Current |
|
Nrupang Bhumitra Dholakia
Also directs:
Dholakia & Associates Llp, Rapicut Carbides Limited, Aries Agro Limited (Cn) and 2 more
|
Director | 01 Jun 2023 | 3 Years 2 Months | Current |
Financials of Rapicut Carbides Limited FY 2026 filings available
Rapicut Carbides Limited reported revenue of ₹96.28 Cr (up 129.31% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹96.28 Cr | ₹41.99 Cr | ₹60.16 Cr | ₹39.57 Cr | ₹36.14 Cr | ₹28.01 Cr | ₹33.57 Cr | ₹46.25 Cr |
| Other Income | ₹28.35 Lakh | ₹14.84 Lakh | ₹11.7 Lakh | ₹58,000 | ₹3.34 Lakh | ₹2 Lakh | ₹3 Lakh | ₹3 Lakh |
| Total Income | ₹96.56 Cr | ₹42.13 Cr | ₹60.28 Cr | ₹39.58 Cr | ₹36.17 Cr | ₹28.03 Cr | ₹33.6 Cr | ₹46.28 Cr |
| Cost of Materials Consumed | ₹100.49 Cr | ₹29.75 Cr | ₹49.5 Cr | ₹28.35 Cr | ₹27.25 Cr | ₹15.65 Cr | ₹21.6 Cr | ₹32.53 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹21.73 Cr | -₹36.02 Lakh | -₹3.23 Cr | ₹1.54 Cr | -₹1.53 Cr | ₹3.17 Cr | ₹1.45 Cr | -₹2.26 Cr |
| Employee Benefit Expense | ₹6.3 Cr | ₹5.97 Cr | ₹5.2 Cr | ₹4.74 Cr | ₹5.21 Cr | ₹4.74 Cr | ₹5.25 Cr | ₹5.53 Cr |
| Finance Costs | ₹60.48 Lakh | ₹84.98 Lakh | ₹48.06 Lakh | ₹29.28 Lakh | ₹12.84 Lakh | ₹14 Lakh | ₹36 Lakh | ₹23 Lakh |
| Depreciation & Amortisation | ₹55.5 Lakh | ₹49.83 Lakh | ₹52.9 Lakh | ₹60.2 Lakh | ₹66.84 Lakh | ₹79 Lakh | ₹84 Lakh | ₹86 Lakh |
| Other Expenses | ₹8.22 Cr | ₹7.68 Cr | ₹7.23 Cr | ₹5.18 Cr | ₹5.09 Cr | ₹4.75 Cr | ₹4.52 Cr | ₹5.66 Cr |
| Total Expenses | ₹94.45 Cr | ₹44.38 Cr | ₹59.72 Cr | ₹40.7 Cr | ₹36.81 Cr | ₹29.24 Cr | ₹34.02 Cr | ₹42.55 Cr |
| Profit Before Exceptional Items & Tax | ₹2.11 Cr | -₹2.25 Cr | ₹56.01 Lakh | -₹1.13 Cr | -₹63.85 Lakh | -₹1.21 Cr | -₹42 Lakh | ₹3.73 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.11 Cr | -₹2.25 Cr | ₹56.01 Lakh | -₹1.13 Cr | -₹63.85 Lakh | -₹1.21 Cr | -₹42 Lakh | ₹3.73 Cr |
| Total Tax Expense | ₹5 Lakh | ₹7.79 Lakh | ₹6.98 Lakh | ₹22.6 Lakh | ₹41.72 Lakh | -₹40 Lakh | -₹34 Lakh | ₹89 Lakh |
| Net Profit | ₹2.06 Cr | -₹2.33 Cr | ₹49.03 Lakh | -₹1.35 Cr | -₹1.06 Cr | -₹81 Lakh | -₹8 Lakh | ₹2.84 Cr |
| Other Comprehensive Income | ₹7.8 Lakh | ₹72,000 | -₹75,000 | ₹31.07 Lakh | -₹1.14 Lakh | -₹16 Lakh | -₹2 Lakh | -₹18 Lakh |
| Total Comprehensive Income | ₹2.14 Cr | -₹2.32 Cr | ₹48.28 Lakh | -₹1.04 Cr | -₹1.07 Cr | -₹97 Lakh | -₹10 Lakh | ₹2.66 Cr |
| EBITDA (computed) | ₹3.27 Cr | -₹89.98 Lakh | ₹1.57 Cr | -₹23.17 Lakh | ₹15.83 Lakh | -₹28 Lakh | ₹78 Lakh | ₹4.82 Cr |
| Basic EPS | ₹3.84 | ₹-4.64 | ₹0.91 | ₹-2.52 | ₹-1.97 | ₹-1.80 | ₹-0.19 | ₹4.95 |
| Diluted EPS | ₹3.84 | ₹-4.64 | ₹0.91 | ₹-2.52 | ₹-1.97 | ₹-1.80 | ₹-0.19 | ₹4.95 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹65.54 Cr | ₹31.79 Cr | ₹33.64 Cr | ₹34.12 Cr | ₹32.31 Cr | ₹31.49 Cr | ₹32.68 Cr | ₹35.79 Cr |
| Non-current Assets | ₹6.53 Cr | ₹5.46 Cr | ₹5.19 Cr | ₹5.38 Cr | ₹5.42 Cr | ₹5.82 Cr | ₹5.86 Cr | ₹5.3 Cr |
| Current Assets | ₹59.01 Cr | ₹26.33 Cr | ₹28.44 Cr | ₹28.74 Cr | ₹26.88 Cr | ₹25.67 Cr | ₹26.82 Cr | ₹30.49 Cr |
| Property, Plant & Equipment | ₹4.74 Cr | ₹4.69 Cr | ₹4.59 Cr | ₹4.36 Cr | ₹3.96 Cr | ₹4.45 Cr | ₹5.02 Cr | ₹4.69 Cr |
| Inventories | ₹38.71 Cr | ₹17.7 Cr | ₹19.39 Cr | ₹17.52 Cr | ₹15.78 Cr | ₹14.65 Cr | ₹18.87 Cr | ₹20.66 Cr |
| Trade Receivables | ₹6.25 Cr | ₹6.5 Cr | ₹8.67 Cr | ₹10.42 Cr | ₹10.41 Cr | ₹7.07 Cr | ₹6.73 Cr | ₹8.89 Cr |
| Cash & Equivalents | ₹3 Cr | ₹1.63 Lakh | ₹1.66 Lakh | ₹6.11 Lakh | ₹1.83 Lakh | ₹3.05 Cr | ₹15 Lakh | ₹45 Lakh |
| Equity (Net Worth) | ₹21.72 Cr | ₹19.58 Cr | ₹21.9 Cr | ₹21.42 Cr | ₹22.46 Cr | ₹23.5 Cr | ₹24.47 Cr | ₹25.53 Cr |
| Equity Share Capital | ₹5.37 Cr | ₹5.37 Cr | ₹5.37 Cr | ₹5.37 Cr | ₹5.37 Cr | ₹5.37 Cr | ₹5.37 Cr | ₹5.37 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹1.2 Lakh | ₹3.16 Lakh | ₹5 Lakh | ₹15 Lakh | ₹11 Lakh |
| Borrowings (Current) | ₹0 | ₹6.71 Cr | ₹1.25 Cr | ₹3.41 Cr | ₹2.14 Cr | ₹0 | ₹1.27 Cr | ₹3.23 Cr |
| Total Debt (computed) | ₹0 | ₹6.71 Cr | ₹1.25 Cr | ₹3.43 Cr | ₹2.17 Cr | ₹5 Lakh | ₹1.42 Cr | ₹3.34 Cr |
| Current Liabilities | ₹42.85 Cr | ₹11.15 Cr | ₹10.67 Cr | ₹11.64 Cr | ₹8.58 Cr | ₹6.82 Cr | ₹6.99 Cr | ₹8.7 Cr |
| Total Liabilities | ₹43.82 Cr | ₹12.2 Cr | ₹11.73 Cr | ₹12.71 Cr | ₹9.85 Cr | ₹7.99 Cr | ₹8.21 Cr | ₹10.26 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹11.77 Cr | -₹3.9 Cr | ₹2.9 Cr | -₹28.78 Lakh | -₹4.52 Cr |
| Investing Cash Flow | -₹1.48 Cr | -₹70.35 Lakh | -₹34.88 Lakh | -₹69.46 Lakh | -₹48.63 Lakh |
| Financing Cash Flow | -₹7.31 Cr | ₹4.61 Cr | -₹2.6 Cr | ₹1.03 Cr | ₹1.98 Cr |
| Capital Expenditure | ₹1.51 Cr | ₹1.02 Cr | ₹50.52 Lakh | ₹98.42 Lakh | ₹58.76 Lakh |
| Free Cash Flow (computed) | ₹10.26 Cr | -₹4.93 Cr | ₹2.4 Cr | -₹1.27 Cr | -₹5.11 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹2.98 Cr | -₹3,000 | -₹4.61 Lakh | ₹4.28 Lakh | -₹3.03 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹49.31 Cr | ₹20.78 Cr | ₹15.82 Cr | ₹10.38 Cr | ₹10.48 Cr | ₹11.67 Cr | ₹8.95 Cr | ₹10.89 Cr |
| Other Income | ₹17.18 Lakh | ₹94,000 | ₹9.59 Lakh | ₹64,000 | ₹1.06 Lakh | ₹56,000 | ₹1.99 Lakh | ₹11.23 Lakh |
| Total Income | ₹49.48 Cr | ₹20.79 Cr | ₹15.91 Cr | ₹10.38 Cr | ₹10.49 Cr | ₹11.68 Cr | ₹8.97 Cr | ₹11 Cr |
| Cost of Materials Consumed | ₹58.35 Cr | ₹20.08 Cr | ₹14.93 Cr | ₹7.13 Cr | ₹5.35 Cr | ₹7.35 Cr | ₹6.58 Cr | ₹10.47 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹13.53 Cr | -₹4.81 Cr | -₹4.51 Cr | ₹1.12 Cr | ₹93.63 Lakh | ₹2.34 Cr | -₹1.02 Cr | -₹2.62 Cr |
| Employee Benefit Expense | ₹1.6 Cr | ₹1.51 Cr | ₹1.66 Cr | ₹1.54 Cr | ₹1.41 Cr | ₹1.52 Cr | ₹1.61 Cr | ₹1.43 Cr |
| Finance Costs | ₹9.1 Lakh | ₹12.44 Lakh | ₹23.35 Lakh | ₹15.58 Lakh | ₹26.19 Lakh | ₹27.18 Lakh | ₹22.27 Lakh | ₹9.34 Lakh |
| Depreciation & Amortisation | ₹14.06 Lakh | ₹13.99 Lakh | ₹14.07 Lakh | ₹13.38 Lakh | ₹12.97 Lakh | ₹12.71 Lakh | ₹12.25 Lakh | ₹11.91 Lakh |
| Other Expenses | ₹2.42 Cr | ₹2 Cr | ₹2.09 Cr | ₹1.71 Cr | ₹2.02 Cr | ₹1.69 Cr | ₹1.9 Cr | ₹2.06 Cr |
| Total Expenses | ₹49.07 Cr | ₹19.04 Cr | ₹14.55 Cr | ₹11.79 Cr | ₹10.11 Cr | ₹13.3 Cr | ₹9.41 Cr | ₹11.55 Cr |
| Profit Before Exceptional Items & Tax | ₹40.69 Lakh | ₹1.75 Cr | ₹1.37 Cr | -₹1.41 Cr | ₹37.24 Lakh | -₹1.62 Cr | -₹44.67 Lakh | -₹55.4 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹40.69 Lakh | ₹1.75 Cr | ₹1.37 Cr | -₹1.41 Cr | ₹37.24 Lakh | -₹1.62 Cr | -₹44.67 Lakh | -₹55.4 Lakh |
| Total Tax Expense | -₹24.19 Lakh | ₹17.21 Lakh | ₹11.65 Lakh | ₹34,000 | ₹3.78 Lakh | -₹75,000 | ₹2.72 Lakh | ₹2.03 Lakh |
| Net Profit | ₹64.88 Lakh | ₹1.57 Cr | ₹1.25 Cr | -₹1.41 Cr | ₹33.46 Lakh | -₹1.61 Cr | -₹47.39 Lakh | -₹57.43 Lakh |
| Other Comprehensive Income | ₹9.11 Lakh | -₹34,000 | -₹48,000 | -₹49,000 | ₹2.02 Lakh | -₹43,000 | -₹13,000 | -₹73,000 |
| Total Comprehensive Income | ₹73.99 Lakh | ₹1.57 Cr | ₹1.24 Cr | -₹1.42 Cr | ₹35.48 Lakh | -₹1.62 Cr | -₹47.52 Lakh | -₹58.16 Lakh |
| EBITDA (computed) | ₹63.85 Lakh | ₹2.01 Cr | ₹1.74 Cr | -₹1.12 Cr | ₹76.4 Lakh | -₹1.22 Cr | -₹10.15 Lakh | -₹34.15 Lakh |
| Basic EPS | ₹1.21 | ₹2.93 | ₹2.33 | ₹-2.63 | ₹0.31 | ₹-3.00 | ₹-0.88 | ₹-1.07 |
| Diluted EPS | ₹1.21 | ₹2.93 | ₹2.33 | ₹-2.63 | ₹0.31 | ₹-3.00 | ₹-0.88 | ₹-1.07 |
Shareholding Pattern of Rapicut Carbides Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 41.72%, domestic institutional investors hold 0.19%, retail and other public shareholders hold 58.09% of Rapicut Carbides Limited. The company had 4,035 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 41.72% | 41.72% | 40.46% | 40.46% | 40.46% | 40.46% |
| Public | 58.28% | 58.28% | 59.54% | 59.54% | 59.54% | 59.54% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 41.72% | 40.46% | 40.46% |
| Public | 58.28% | 59.54% | 59.54% |
| Promoter change (YoY, %pts) | +1.26 | +0.00 | - |
Charges & Borrowings of Rapicut Carbides Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 May 2011 | State Bank of India | ₹14.75 Cr | Open |
| 11 Oct 2019 | Hdfc Bank Limited | ₹8.5 Lakh | Satisfied |
| 17 Oct 2018 | State Bank of India | ₹14.45 Lakh | Satisfied |
| 13 Feb 1998 | State Bank of India | ₹68 Lakh | Satisfied |
| 15 Oct 1994 | State Bank of India | ₹8.93 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Rapicut Carbides Limited
Rapicut Carbides Limited has a workforce of 94 employees as of Sep 24, 2025.
Employee and EPFO history for Rapicut Carbides Limited
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GST Compliance of Rapicut Carbides Limited
GST registrations and filing compliance for Rapicut Carbides Limited
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Credit Ratings, Litigation & Regulatory Alerts for Rapicut Carbides Limited
Credit ratings, litigation, and regulatory alerts for Rapicut Carbides Limited
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MSME Payment Delays by Rapicut Carbides Limited
MSME payment history for Rapicut Carbides Limited
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Subsidiaries & Group Companies of Rapicut Carbides Limited
Corporate group structure for Rapicut Carbides Limited
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MCA Filings & Documents of Rapicut Carbides Limited
MCA filings and documents for Rapicut Carbides Limited
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Recent Activity on Rapicut Carbides Limited
Frequently Asked Questions about Rapicut Carbides Limited
Rapicut Carbides Limited is an active public limited company in the machinery and equipment sector based in Ankleshwar, Gujarat, India. It was incorporated on 05 April 1977 (49+ years old) and is registered under CIN L28910GJ1977PLC002998. Listed on BSE: 500360. The company has 94 employees.
Rapicut Carbides Limited reported revenue of ₹96.28 Cr for FY 2026 (up 129.31% YoY) based on standalone BSE filings.
The current directors of Rapicut Carbides Limited are:
- Atul Ravindra Garg - Director
- Abhishek Vipinchandra Gami - Managing Director
- Shruti Abhishek Gami - Director
- Kishore Dindayal Sharma - Director
- Nrupang Bhumitra Dholakia - Director
The primary industry of Rapicut Carbides Limited is machinery and equipment. The company specifically operates in industrial machine tools. The company is currently active in this sector.
Yes. Rapicut Carbides Limited is listed on BSE with code 500360.
Rapicut Carbides Limited can be reached at the registered office: 119 Gidc Industrial Area, Ankleshwar, Gujarat, India – 393002, or through the website rapicutcarbides.com.