Rapicut Carbides Limited (RAPICUT.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-819.2%

-₹2,071.27

vs ₹288.00 price

Levered DCF

-₹487.02

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	38.03×	-19.33×	123.08×	-17.87×	-22.34×	-16.91×	-118.12×	9.12×
P/B	3.61×	2.3×	2.75×	1.13×	1.05×	0.59×	0.41×	1.01×
P/S	0.81×	1.07×	1×	0.61×	0.65×	0.49×	0.3×	0.56×
EV / EBITDA	25.21×	-49.11×	40.24×	-101.42×	225.02×	-35.85×	15.67×	6.09×
Gross margin	11.1%	30.0%	19.9%	24.5%	28.8%	32.8%	24.1%	27.6%
Operating margin	2.5%	15.8%	1.5%	-2.1%	-1.5%	14.2%	-0.3%	8.5%
Net margin	2.1%	-5.5%	0.8%	-3.4%	-2.9%	-2.9%	-0.3%	6.1%
Current ratio	1.38×	2.36×	2.67×	2.47×	3.14×	3.76×	3.84×	3.4×
Debt / equity	0×	0.34×	0.06×	0.16×	0.1×	0×	0.07×	0.13×
Interest coverage	4.02×	7.8×	1.93×	-2.82×	-4.23×	30.38×	-0.27×	17.04×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.5%	9.9%	4.5%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	-8.6%	-1184.5%	41.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	9.5%	-11.9%	2.2%	-6.3%	-4.7%	-3.5%	-0.3%	11.1%
Return on invested capital	10.5%	24.2%	3.4%	-3.2%	-2.1%	10.9%	-0.1%	9.9%
Return on assets	3.1%	-7.3%	1.5%	-4.0%	-3.3%	-2.6%	-0.3%	7.9%
Free cash flow yield	12.4%	-11.0%	3.8%	-5.3%	-21.6%	32.8%	30.4%	-5.7%
Earnings yield	2.6%	-5.2%	0.8%	-5.6%	-4.5%	-5.9%	-0.8%	11.0%
Enterprise value	₹753M	₹514.8M	₹613.9M	₹275.5M	₹257.9M	₹108.2M	₹116.3M	₹291.6M
Net debt / EBITDA	-1.04×	-6.23×	0.81×	-12.39×	18.8×	9.88×	1.99×	0.68×
Cash conversion cycle (days)	146	240	138	229	258	271	288	249