Rapicut Carbides is in the business of manufacturing
tungsten and tungsten carbide products.
The company has installed new equipment in the current year,
which is expected to reflect in increased revenues for the year.
The company reported decent growth in revenues and operating
profits in the last five years – reporting over 5cr in operating profits on
revenues of over 27cr in the last twelve months. It employed minimal net debt to finance its
operations.
The company doesn’t appear to have much pricing power in its
field, being unable to pass the full extent of input cost increases to the
customer – reflecting the lack of satisfactory competitive strength. It is exposed to increases in its raw material input – Blue Tungsten
Oxide – imported from China. As a
result, it is also exposed to a weakening INR.
Really interesting website, I find India really interesting and especially on the internet side of things: looks to be huge growth as more users get connected.
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