Rapicut Carbides Q2 Net Profit ₹221 Lakh

Financial Results Summary

Income Statement Performance (₹ in Lakhs)

Quarter Ended 30/09/2026 (Q2 FY27):

Revenue from operations: ₹3,137.64
Other income: ₹14.23
Total Revenue: ₹3,151.87
Profit before tax: ₹282.42
Tax expense: ₹61.08 (Current tax: ₹64.14, Deferred tax: ₹(3.06), Earlier years tax: ₹0.00)
Profit after tax: ₹221.34
Basic and diluted EPS: ₹4.12 per share (face value ₹10)

Quarter Ended 30/06/2026 (Q1 FY27):

Revenue from operations: ₹8,204.09
Other income: ₹1.53
Total Revenue: ₹8,205.61
Profit before tax: ₹1,042.73
Tax expense: ₹225.94 (Current tax: ₹220.16, Deferred tax: ₹3.56, Earlier years tax: ₹2.22)
Profit after tax: ₹816.79
Basic and diluted EPS: ₹15.21 per share

Half Year Ended 30/09/2026 (H1 FY27):

Revenue from operations: ₹11,341.72
Other income: ₹15.76
Total Revenue: ₹11,357.49
Profit before tax: ₹1,325.15
Tax expense: ₹287.03 (Current tax: ₹284.30, Deferred tax: ₹0.50, Earlier years tax: ₹2.22)
Profit after tax: ₹1,038.13
Basic and diluted EPS: ₹19.33 per share

Comparative Periods:

Q2 FY26 (30/09/2025): Profit after tax ₹124.97, EPS ₹2.33
H1 FY26 (30/09/2025): Loss after tax ₹(15.75), EPS ₹(0.29)
Full Year FY26 (31/03/2026): Profit after tax ₹206.12, EPS ₹3.84

Balance Sheet Position (as at 30th September, 2026)

Assets (₹ in Lakhs):

Total Assets: ₹10,186.50 (vs. ₹6,553.80 as at 31/03/2026)
Non-current assets: ₹798.11 (Property, plant and equipment: ₹668.61, Right of use asset: ₹1.81, Capital work-in-progress: ₹54.07, Investments: ₹19.82, Deposits: ₹53.80)
Current assets: ₹9,388.38 (Inventories: ₹7,419.09, Trade receivables: ₹635.87, Cash and cash equivalents: ₹0.60, Other bank balances: ₹3.60, Current tax assets: ₹205.28, Other current assets: ₹1,123.95)

Equity and Liabilities (₹ in Lakhs):

Total Equity: ₹3,213.51 (Equity share capital: ₹537.12, Other equity: ₹2,676.40)
Non-current liabilities: ₹250.02 (Borrowings: ₹165.94, Long-term provisions: ₹78.63, Deferred tax liabilities: ₹5.45)
Current liabilities: ₹6,722.97 (Borrowings: ₹922.99, Trade payables to micro and small enterprises: ₹4,625.23, Trade payables to other creditors: ₹51.56, Other financial liabilities: ₹88.13, Other current liabilities: ₹734.13, Provisions: ₹300.93)

Cash Flow Statement (Half Year Ended 30/09/2026)

Cash flow from operating activities: ₹(1,172.46)
Cash flow from investing activities: ₹(165.31)
Cash flow from financing activities: ₹1,038.25
Net decrease in cash and cash equivalents: ₹(299.52)
Cash and cash equivalents at beginning: ₹300.12
Cash and cash equivalents at end: ₹0.60

Key Operational and Accounting Notes

1. Business Segment: The company has only one reportable primary business segment - Tungsten Carbides Products.

2. Tax Position: During the current quarter, the company reported taxable profits and utilized eligible brought forward business losses and unabsorbed depreciation available under the Income-tax Act, 1961. Current tax was provided only on the balance taxable income remaining after such set-off.

3. Accounting Standards: The financial results have been prepared in accordance with Indian Accounting Standards (Ind-AS), specifically Ind AS-34 "Interim Financial Reporting" as prescribed under Section 133 of the Companies Act, 2013.

4. Review and Approval: The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 5th November, 2026. The statutory auditors, S M R P & Associates, have carried out a limited review of the financial results.

5. Regulatory Compliance: The results have been prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Dates and Meetings

Board Meeting Date: 5th November, 2026
Meeting Time: Commenced at 7:00 p.m., concluded at 7:20 p.m.
Previous Intimation: Letter No. RCL:KS:BSE-INTIMN BM/26: dated 27th October, 2026