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Earnings Call

Rappid Valves (India) Earnings Call: Key Takeaways

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.

Why this was an Alfa AlertNot a filter event. Reported revenue growth was modest and missed prior aspirational 50% targets due to H2 disruptions.
Highlights
Revenue growthModest growth in FY26 to ₹53cr; targeting 50%+ for FY27.
Margins12% current; aiming to improve through exotic materials and high-pressure valves.
Order book₹42cr total; ₹33cr physical POs, ₹8.5cr LOIs as of June 2026.
Demand visibilityStrong; 20+ warships under construction in India over next 2 years.
Management confidenceHigh in defense/marine sectors despite near-term metal price headwinds.

Growth

FY26 revenue of ₹53cr with modest growth; PAT at ₹6.5cr. Management previously aimed for 50% CAGR.

Outlook

Order book of ₹42cr as of June 2026. Targeting 50%+ growth in FY27; capacity exists for ₹120cr revenue.

Risks

Raw material volatility (copper/non-ferrous up 30%), geopolitical supply chain disruptions, and slow shipyard execution cycles.

Source

Earnings Call filed with NSE, NSE: RAPPID. Summary written with AI assistance from the document.

Read the document ↗

Rappid Valves (India) Ltd: key numbers

Share price
₹351.70
Market cap
₹182.6 Cr
Revenue (annual)
₹53.23 Cr
Net profit (annual)
₹6.48 Cr
P/E (TTM)
28.2×Sector 53.6×
Promoter holding
51.69%
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Other Announcement

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.

16:32 IST NSE
Annual General Meeting

Rappid Valves (India) Annual General Meeting

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.

21:34 IST NSE
Business Update

Rappid Valves (India) Business Update

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.

15:40 IST NSE
New Order Win

Rappid Valves (India) Bags ₹2.41 Cr Order from Hindustan Shipyard Limited; Solas Marine India Private Limited

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.

Value
₹2.41 Cr
From
Hindustan Shipyard Limited; Solas Marine India Private Limited
Execution
Approximate completion by March 31, 2027
Order book
₹54.36 Cr