Rapicut Carbides MD, chairman, board of directors and AGM
BSE: 500360Industrial ManufacturingSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹302.15.
- Under BSE's short-term additional surveillance, stage I, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹162 Cr3,022nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 8 Aug 2026
- 13.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 7.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 8 Aug 2026
- 56.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 8 Aug 2026
- 65.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 23,762
Rapicut Carbides board of directors
At the end of the quarter to Mar 2020, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonDHANANJAY D KANITKAR
- Company Secretary and Compliance OfficerKAMLESH MANSINGRAO SHINDE
6 directors3 independent1 executive2 non-executive
- JAGDISH C BHATIAExecutive · joined Apr 1977 · reappointed Aug 2018 · 1 listed board · 2 committee seats
- DHANANJAY D KANITKAR · ChairpersonIndependent · joined Jun 2011 · 61 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- CHETAN GOPALDAS CHOLERANon-executive · joined Apr 2009 · 1 listed board · 1 committee seat, 1 as chair
- LALIT MOHAN BIJLANINon-executive · joined Mar 1984 · 1 listed board
- GAYATRI PARIKHIndependent · joined Feb 2015 · 54 months as independent · 1 listed board · 1 as independent · 2 committee seats
- BHUMITRA V DHOLAKIAIndependent · joined Jun 2011 · 60 months as independent · 0 listed boards
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 Feb 20205 present2 independent · 9 days in between
- 4 Feb 20205 present2 independent · 81 days in between
- 14 Nov 20194 present2 independent
Audit Committee
Chair DHANANJAY D KANITKAR and BHUMITRA V DHOLAKIA
JAGDISH C BHATIA, GAYATRI PARIKH
- 14 Feb 20203 present2 independent · 91 days in between
- 14 Nov 20193 present2 independent
Nomination and remuneration committee
Chair DHANANJAY D KANITKAR and BHUMITRA V DHOLAKIA
GAYATRI PARIKH, CHETAN GOPALDAS CHOLERA
- 4 Feb 20202 present1 independent · 81 days in between
- 14 Nov 20192 present2 independent
Stakeholders Relationship Committee
Chair CHETAN GOPALDAS CHOLERA
JAGDISH C BHATIA, GAYATRI PARIKH
- 9 Nov 20193 present1 independent · 14 days in between
- 25 Oct 20192 present0 independent · 8 days in between
- 16 Oct 20193 present1 independent
Corporate Social Responsibility Committee
Chair JAGDISH C BHATIA
DHANANJAY D KANITKAR, GAYATRI PARIKH, BHUMITRA V DHOLAKIA
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- K C Mehta & Co LLPPeer-review certificate valid to Mar 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Rapicut Carbides AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Rapicut Carbides dividend history
Annual general meeting, 26 Sep 2026
4,417 shareholders on the register on 19 Sep 2026; present: 2 promoters and 39 others; votes counted by SURESH KUMAR KABRA / SAMDANI SHAH & KABRA.The company's voting result (opens in a new tab)
- To consider and adopt the Audited Financial Statement of the Company for the Financial Year ended 31st March, 2026 along with the reports of the Auditors and the Board of Directors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 42.11% · promoters 100.00% · institutions 0.00% · other public 0.66%
- To appoint Smt. Shruti A Gami (DIN: 08764442), who retires by rotation as a Director and being eligible, offers herself for re-appointmentOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.16%
Turnout: all 42.11% · promoters 100.00% · institutions 0.00% · other public 0.66%
- To appoint Statutory Auditors of the Company and fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 42.11% · promoters 100.00% · institutions 0.00% · other public 0.66%
- Increase in the Borrowing Limits of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 42.11% · promoters 100.00% · institutions 0.00% · other public 0.66%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Compliance
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
The company's own answers in its filing.