Rappid Valves (India) Other Announcement
Rappid Valves (India) Limited announced the appointment of M/s. Nishtha Khandelwal & Associates as Secretarial Auditor, approved by shareholders at the AGM held on September 24, 2026.
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Rappid Valves (India) Limited announced the appointment of M/s. Nishtha Khandelwal & Associates as Secretarial Auditor, approved by shareholders at the AGM held on September 24, 2026.
Rappid Valves (India) Limited held its 24th Annual General Meeting on September 24, 2026, to conduct routine shareholder business. The meeting proceedings were formally concluded.
Rappid Valves reached the final product qualification stage with a leading US-based company for specialized stainless-steel valves. This milestone marks progress toward future commercial supply.
Rappid Valves received two new orders worth a combined ₹2.41 Crore from Hindustan Shipyard Ltd and Solas Marine India for marine valve supply. Order book stands at ₹54.36 Crore.
Rappid Valves reported FY26 revenue of ₹53cr and PAT of ₹6.5cr. Management is pivoting towards high-margin marine and defense valves, targeting the Indian Navy ecosystem and US data center cooling markets.
Rappid Valves delivered 48% Revenue CAGR (FY23-FY26), transitioning from regional manufacturer to global marine and industrial valve supplier with a focus on high-margin niche segments.
Rappid Valves (India) Ltd reported revenue from operations of ₹24.4 Cr (-24.9% YoY) and net profit of ₹3.1 Cr (-13.9% YoY) for H2 FY26.