What we do Rapicut Carbides Ltd manufactures tungsten carbide products used in metal cutting, mining, wear parts, and engineering industries. |
Founded in 1,977 |
Market share A known player in tungsten carbide tooling with a niche presence domestically, serving multiple industrial sectors. |
Problem solved Provides wear-resistant, precision carbide tools that improve efficiency and durability in metal cutting and mining applications. |
Top clients or who we serve Serves automobile, mining, rock drilling, oil exploration, fastener and general engineering sectors (B2B). |
Key management Abhishek V. Gami, Managing Director with active leadership since 2025. |
Our journey and innovations Incorporated in 1977, product diversification into powder metallurgical and cold heading dies by 2023-2025; enhanced production with modern machinery. |
Where we operate Primarily India with minimal exports outside India. |
Top products or what we offer Metal cutting tips, wire drawing dies, mining drill components, extrusion rods, cold heading dies. |
Top brands - |
Raw materials needed Tungsten and rare earth metals for carbide production. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly cyclical due to dependence on industrial end-user demand. |
Our industry position Recognized domestic specialist in tungsten carbide products with competitive pressures from raw material cost volatility. |
Financial highlights FY 2024-25 Revenue ₹41.99 Crores, Net Loss ₹2.33 Crores; prior year Revenue ₹60.16 Crores with Profit ₹0.49 Crores. |
Geographical revenue split India contributes majority revenue (₹39.51 Cr), minimal export revenue (₹0.059 Cr). |
Order book - |
Whats driving growth Demand from diverse industrial sectors, new high-value product introductions, and modernized production capabilities. |
Our future plans Focus on scaled precision manufacturing and developing specialized carbide dies for industrial engineering sectors. |
Our green promise - |
Our people and values Workforce includes 93 employees with focus on compliance and ethical standards. |
Key challenges ahead Rising raw material prices, subdued demand in some sectors, and competitive pricing pressures. |
Interesting facts Merged Gujarat Drillwell Private Limited in 1993; developed new products in 2025 for wire and fastener industries. |
Risks and strategy Mitigating raw material cost volatility through efficiency and innovation; expanding product mix to reduce sector dependence. |
