Rapicut Carbides Reports Strong Q3FY26 Performance with 78% Revenue Growth
Rapicut Carbides Limited reported exceptional Q3FY26 results with a profit of ₹157.33 lakhs versus a loss of ₹161.23 lakhs in Q3FY25, supported by 78% revenue growth to ₹2,077.73 lakhs. The nine-month performance showed similar strength with profits of ₹153.23 lakhs against previous year losses of ₹266.05 lakhs and 49% revenue growth to ₹4,697.28 lakhs, demonstrating the company's successful operational turnaround.

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Rapicut Carbides Limited has announced its unaudited financial results for the third quarter of FY26, demonstrating a strong operational turnaround with significant improvements across key financial metrics. The tungsten carbide products manufacturer reported robust growth in both revenue and profitability for the quarter ended December 31, 2025.
Financial Performance Highlights
The company's quarterly performance showed remarkable improvement compared to the previous year. Revenue from operations increased substantially, while the company successfully returned to profitability after posting losses in the corresponding quarter last year.
| Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹2,077.73 lakhs | ₹1,167.32 lakhs | +78.0% |
| Total Revenue | ₹2,078.67 lakhs | ₹1,167.88 lakhs | +78.0% |
| Net Profit/(Loss) | ₹157.33 lakhs | ₹(161.23) lakhs | Turnaround |
| Basic EPS | ₹2.93 | ₹(3.00) | Positive |
Nine-Month Performance Analysis
The year-to-date figures for the nine months ended December 31, 2025, further reinforce the company's strong recovery trajectory. The substantial improvement in financial metrics demonstrates effective operational management and market positioning.
| Parameter | 9M FY26 | 9M FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹4,697.28 lakhs | ₹3,151.01 lakhs | +49.1% |
| Net Profit/(Loss) | ₹153.23 lakhs | ₹(266.05) lakhs | Turnaround |
| Total Comprehensive Income | ₹151.92 lakhs | ₹(267.35) lakhs | Positive |
Operational Efficiency and Cost Management
The company demonstrated improved operational efficiency during the quarter. Total expenses increased to ₹1,904.13 lakhs from ₹1,329.86 lakhs in Q3FY25, primarily due to higher cost of materials consumed reflecting increased business activity. However, the company managed to maintain healthy profit margins despite the volume growth.
Key expense components showed varied trends:
- Cost of materials consumed: ₹2,008.03 lakhs (Q3FY26) vs ₹734.98 lakhs (Q3FY25)
- Employee benefits expense: ₹150.61 lakhs vs ₹152.14 lakhs
- Finance costs decreased to ₹12.44 lakhs from ₹27.18 lakhs
Corporate Governance and Compliance
The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 11, 2026. The results have been prepared in accordance with Indian Accounting Standard (Ind AS) 34 for interim financial reporting.
The company operates in a single reportable business segment of tungsten carbide products as per Ind AS 108. The paid-up equity share capital remained stable at ₹537.12 lakhs with a face value of ₹10 per share.
Regulatory Updates
The company noted the implementation of four new Labour Codes by the Government of India, effective from November 21, 2025, which consolidate 29 existing labour laws. Management indicated they will assess any potential impact once the Central and State Governments notify the comprehensive rules, though no additional impact on gratuity is expected from compliance with the Labour Codes.
Historical Stock Returns for Rapicut Carbides
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.96% | +16.53% | +10.06% | +76.65% | +46.97% | +410.24% |
































