Rapicut Carbides Q1 FY26 profit ₹8.17 cr on 8x sales

Key update from the June 2026 quarter

Rapicut Carbides reported a sharp turnaround in the quarter ended June 30, 2026 (Q1 FY26), moving into profit after a loss in the same period last year. The company posted net profit of ₹8.17 crore, compared with a net loss of ₹1.41 crore in Q1 FY25. Revenue from operations rose to ₹82.04 crore from ₹10.38 crore year-on-year, translating into an about eight-fold increase. The board of directors approved the unaudited financial results at its meeting held on August 8, 2026. The meeting commenced at 12.45 p.m. and concluded at 3.10 p.m. The results were reviewed and recommended by the Audit Committee. The company said the financials were prepared in line with Ind AS-34 “Interim Financial Reporting” under Section 133 of the Companies Act, 2013.

Profit flips year-on-year as revenue scales up

For Q1 FY26, Rapicut Carbides reported profit before tax (PBT) of ₹10.43 crore, reversing a loss before tax of ₹1.41 crore in Q1 FY25. After tax, net profit stood at ₹8.17 crore, against the year-ago net loss of ₹1.41 crore. Total comprehensive income for the quarter was ₹8.18 crore, compared with a loss of ₹1.42 crore in Q1 FY25. Earnings per share also reflected the shift in profitability, with basic and diluted EPS at ₹15.21 in Q1 FY26 versus ₹(2.63) in Q1 FY25. These figures highlight a quarter where reported revenue, profit, and EPS all moved decisively higher year-on-year.

Expenses rise alongside the revenue jump

The company’s total expenses in Q1 FY26 were ₹71.63 crore, compared to ₹11.79 crore in Q1 FY25. The sharp increase in costs came in the same quarter as the large step-up in revenue from operations. The financial release also disclosed a total tax expense of ₹2.26 crore for Q1 FY26. This tax expense included current tax of ₹2.20 crore, deferred tax of ₹0.04 crore, and earlier years’ tax of ₹0.02 crore. The difference between PBT and net profit broadly reflects these tax charges as stated in the results. Beyond these line items, no additional operational drivers were specified in the provided disclosure.

Snapshot of the headline financial numbers

All amounts below are normalised to ₹ crore (1 crore = 100 lakhs), based on the figures reported in the company’s financial statements.

Board actions: CFO appointment and AGM schedule

Alongside the quarterly results, the board announced a senior management appointment. Mr. Pratham Pandya has been appointed as Chief Financial Officer, effective August 10, 2026. The company also scheduled its 49th Annual General Meeting for September 26, 2026. These actions were disclosed with the Q1 FY26 results and sit alongside the company’s stated compliance process, including Audit Committee review and Ind AS-34 preparation.

What this quarter means in the context of FY26

The Q1 FY26 outcome follows an FY26 year that already showed a return to profitability on an annual basis. Rapicut Carbides reported net profit of ₹2.06 crore for the financial year ended March 31, 2026, compared with a net loss of ₹2.33 crore in the previous year. For the quarter ended March 31, 2026 (Q4 FY26), the company reported net profit of ₹0.65 crore on revenue of ₹49.31 crore. The audited results for the quarter and year ended March 31, 2026 were approved by the board at a meeting held on May 30, 2026. The statutory auditors, M/s K C Mehta & Co LLP, issued an unmodified opinion on the audited standalone financial results.

Stock and company identifiers mentioned in the release pack

Rapicut Carbides is listed on the BSE under the scrip code 500360 and is referenced under the engineering category in the provided material. The market data snippets included multiple price snapshots from different timestamps and sources. One snapshot showed a price of ₹294.80 with a previous close of ₹289.45, a day range of ₹289.45 to ₹294.80, a 52-week range of ₹66.66 to ₹294.80, and market cap of ₹1.48 billion (₹148 crore). Another snapshot stated a “current share price” of ₹195.90 and market capitalisation of ₹105.22 crore. A separate line showed ₹194.65 as on June 25, 2026 (04:01) with a day range of ₹188.50 to ₹203.95. These figures indicate that quoted prices and market cap values vary across the provided market-data extracts.

Business profile noted in the material

The company is described as being engaged in the manufacture of tungsten carbide tips, inserts, and other carbide products from the ore stage. It was founded in April 1977 and is headquartered in Ankleshwar, India. The registered office is listed in Ankleshwar, Gujarat (PIN 393002), and the BSE code is reiterated as 500360.

Timeline of reported events

The sequence of disclosures and dated events in the provided material is straightforward. The unaudited Q1 FY26 financial results relate to the quarter ended June 30, 2026. The board meeting approving these results took place on August 8, 2026, with start and end times provided. The CFO appointment is effective August 10, 2026. The 49th AGM is scheduled for September 26, 2026. Separately, the audited Q4 and FY26 results were approved on May 30, 2026.

Conclusion

Rapicut Carbides’ Q1 FY26 numbers show a clear year-on-year reversal to profit, supported by a large increase in revenue from operations and a corresponding rise in expenses. Alongside the results, the board announced a CFO appointment effective August 10, 2026 and set the 49th AGM for September 26, 2026. Investors tracking the stock will likely focus on how the company sustains the higher revenue base reflected in Q1 FY26, while monitoring upcoming corporate actions and disclosures tied to the AGM schedule.