Race Eco Chain

Race Eco Chain

219.33
-5.32
(-2.37%)
ann
There are 3 new updates from the company1 day ago
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Market Cap
378.50 Cr
EPS
2.49
PE Ratio
94.58
Dividend Yield
0.00 %
Industry
Utilities
52 Week High
420.10
52 Week Low
210.00
PB Ratio
7.21
Debt to Equity
1.11
Add Ratio
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Investment Returns

In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%

Company News

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positive
Race Eco Chain Limited, a waste management and recycling company, reported consolidated revenue of ₹156.73 crore for the quarter ended June 30, 2025, representing an 81% year-over-year increase. The company's consolidated EBITDA grew 108% to ₹2.91 crore, while PAT surged 300% to ₹0.41 crore. The plastic packaging waste segment drove growth with revenue of ₹155.31 crore, up 97% year-over-year. However, the biofuel division faced challenges with revenue declining 95% to ₹0.33 crore due to procurement chain disruptions. The company operates through three segments: waste management, biofuel, and recycled products, with a pan-India presence including 80+ recycler network and 300+ supplier network. Race Eco Chain announced strategic initiatives including a joint venture with Ganesha Ecosphere Limited to set up washing plants for premium rPET flake production and plans for business demerger to separate into three focused entities. The company also launched the RACE App to streamline operations and received the ESG Excellence Award at LIFA Awards 2025.
neutral
Race Eco Chain Limited's Board approved quarterly financial results for the quarter ended June 30, 2025, in a meeting held on August 12, 2025. The company reported standalone revenue from operations of Rs. 9,881.38 lakhs and consolidated revenue of Rs. 15,672.60 lakhs for the quarter. Standalone profit for the period was Rs. 10.24 lakhs, while consolidated profit reached Rs. 41.3 lakhs. The Board also appointed M/s. SSAR & Associates as Internal Auditor for financial year 2025-2026 and M/s. HKS & Associates LLP as Secretarial Auditor for a five-year term from April 2025 to March 2030, subject to shareholder approval. Additionally, the Board approved the Annual Report for Financial Year 2024-2025. The company operates in plastic waste, home furnishing, madeup, bags & garments, and briquettes businesses across three divisions: Recycle, Restore, and Biomass.
positive
Race Eco Chain Reports Improved Q4 EBITDA and MarginMay 30, 2025
Race Eco Chain has reported its Q4 financial results. The company's EBITDA increased to 34 million rupees, up from 10 million rupees in the same quarter of the previous year. The EBITDA margin also improved, rising to 1.76% from 1.22% year-over-year.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
544.75
#1 3,025.00
16.35
#1 965.83
48.92
#1 183
2.42
46.14
560.35
1,590.40
24.56
958.80
7.14
101
7.98
42.12
591.00
1,138.30
49.91
46.30
31.16
23
0.00
50.58
509.35
1,054.20
16.41
599.20
17.10
58
193.18
43.28
215.00
537.30
53.48
98.90
40.08
11
-
45.86
214.25
495.90
24.65
185.10
27.48
20
-
41.66
157.00
391.80
#1 10.87
373.20
30.58
50
-
40.86
219.33
#8 378.50
#10 94.58
#4 556.00
#2 59.68
#10 4
#1 300.00
38.33
165.15
377.70
44.28
151.20
49.55
9
-99.25
43.12
270.00
233.80
14.77
48.70
#1 75.18
16
-
45.23
Forecast
Actual
Growth Rate
Revenue Growth
59.68 %
Net Income Growth
180.00 %
Cash Flow Change
-399.88 %
ROE
-22.70 %
ROCE
-38.99 %
EBITDA Margin (Avg.)
2.69 %

Quarterly Financial Results

Quarterly Financials
Jun 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
43
85
93
111
79
73
86
87
106
169
194
157
Expenses
43
84
92
109
78
71
84
85
104
165
191
154
EBITDA
1
1
1
2
1
2
2
2
2
3
4
3
Operating Profit %
1 %
1 %
1 %
2 %
1 %
2 %
1 %
2 %
2 %
2 %
2 %
2 %
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
Interest
0
0
0
1
1
1
1
1
1
1
2
2
Profit Before Tax
0
1
1
1
0
1
0
0
1
2
2
1
Tax
0
0
0
0
0
0
0
0
0
1
1
1
Net Profit
0
0
0
1
0
1
0
0
1
2
2
0
EPS in ₹
0.12
0.22
0.27
0.55
0.13
0.30
0.07
0.06
2.34
1.03
0.92
1.13

Balance Sheet

Balance Sheet
2023
2024
2025
Total Assets
49
83
182
Fixed Assets
3
3
10
Current Assets
46
70
141
Capital Work in Progress
0
8
1
Investments
0
1
14
Other Assets
46
71
157
Total Liabilities
49
83
182
Current Liabilities
28
55
104
Non Current Liabilities
0
5
0
Total Equity
21
22
78
Reserve & Surplus
4
6
37
Share Capital
16
16
17

Cash Flow

Cash Flow
2023
2024
2025
Net Cash Flow
2
-3
5
Investing Activities
7
-18
-14
Operating Activities
-15
-9
-43
Financing Activities
10
24
61

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Apr 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Oct 2024
Dec 2024
Mar 2025
Jun 2025
Promoter
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
44.79 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.03 %
0.17 %
0.17 %
0.07 %
0.00 %
0.01 %
0.00 %
DIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.58 %
0.58 %
0.58 %
0.58 %
0.58 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
38.30 %
38.79 %
38.44 %
38.35 %
37.49 %
37.35 %
30.22 %
30.58 %
31.48 %
31.60 %
31.83 %
31.18 %
30.10 %
29.59 %
29.38 %
29.52 %
29.80 %
30.17 %
30.08 %
30.06 %
Others
16.91 %
16.42 %
16.77 %
16.86 %
17.72 %
17.86 %
24.99 %
24.63 %
23.73 %
23.61 %
23.38 %
24.02 %
25.11 %
25.59 %
25.66 %
24.93 %
24.76 %
24.45 %
24.54 %
24.56 %
No of Share Holders
432
491
520
548
571
574
592
714
754
768
1,412
1,873
3,650
4,144
4,247
6,189
6,340
6,651
6,842
7,026

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
12 Jan 2021 CHANGE OF NAME Change Of Name
NA
12 Jan 2021 0.00 0.00
03 Jul 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
03 Jul 2024 352.85 430.70
12 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Nov 2024 397.45 374.30
11 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Feb 2025 328.30 309.55
30 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 May 2025 259.20 269.25
12 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Aug 2025 247.25 235.21
24 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
24 Sept 2025 230.82 234.95

Announcements

ESG RATING CFC Finlease Private Limited - SEBI Registered ERP - IN/ERP/Category-II/00111 day ago
Closure of Trading Window1 day ago
Shareholder Meeting / Postal Ballot-Scrutinizers Report1 day ago
Shareholder Meeting / Postal Ballot-Outcome of AGM3 days ago
Board Meeting Outcome for Outcome Of Board MeetingSep 10, 2025
Board Meeting Intimation for Consider And Approve Sechme Of ArrangementSep 03, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 30, 2025
Intimation Regarding Letter Dispatched To The Shareholders.Aug 29, 2025
Business Responsibility and Sustainability Reporting (BRSR)Aug 28, 2025
Intimation Of Cut Off Date Book Closer And E-Voting DetailsAug 28, 2025
Reg. 34 (1) Annual Report.Aug 28, 2025
Notice Of Annual General MeetingAug 28, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 25, 2025
Presentation On Financial Results For The Quarter Ending On 30Th June 2025Aug 19, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 14, 2025
Appointment Of Secretarial AuditorAug 12, 2025
Appointment Of Internal Auditor For The F.Y 2025-2026Aug 12, 2025
Financial Results For The Quarter Ending On 30Th June 2025Aug 12, 2025
Board Meeting Outcome for Unaudited Financial Results For The Quarter Ending On 30Th June 2025Aug 12, 2025
Board Meeting Intimation for Consideration Of The Un-Audited Financial ResultsAug 05, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 17, 2025
Closure of Trading WindowJun 27, 2025
Participation In Global Concave On Plastic Recycling And Sustainability (GCPRS)Jun 17, 2025
Announcement under Regulation 30 (LODR)-Updates on AcquisitionJun 13, 2025
Announcement under Regulation 30 (LODR)-AcquisitionJun 11, 2025
Revised Financial ResultsJun 09, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationJun 02, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 31, 2025
Financial ResultsMay 30, 2025
Board Meeting Outcome for Outcome Of The Board MeetingMay 30, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
Board Meeting Intimation for Consideration Of The Financial Results For The Financial Year Ended On 31St March 2025May 19, 2025
Board Meeting Intimation for Notice Of Board MeetingMay 13, 2025
Announcement Under Reg. 30 For The Step Down SubsidiaryApr 17, 2025
Announcement under Regulation 30 (LODR)-Updates on AcquisitionApr 15, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 15, 2025
Announcement Under Regulation 30 Of SEBI (LODR)Mar 28, 2025
Closure of Trading WindowMar 24, 2025
Announcement under Regulation 30 (LODR)-AcquisitionMar 04, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationFeb 14, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 13, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 12, 2025
Statement Of Deviation/ VariationFeb 11, 2025
Integrated Filing (Financial)Feb 11, 2025
Financial ResultsFeb 11, 2025
Board Meeting Outcome for Outcome Of Board MeetingFeb 11, 2025
Board Meeting Intimation for Considering The Unaudited Financial Results For The Quarter Ending On 31St December 2024Feb 04, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 03, 2025
Announcement under Regulation 30 (LODR)-Updates on Joint VentureJan 31, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 07, 2025

Technical Indicators

RSI(14)
Neutral
34.21
ATR(14)
Less Volatile
10.96
STOCH(9,6)
Oversold
14.71
STOCH RSI(14)
Oversold
0.00
MACD(12,26)
Bearish
-1.81
ADX(14)
Weak Trend
11.42
UO(9)
Bullish
24.11
ROC(12)
Downtrend And Accelerating
-11.76
WillR(14)
Oversold
-97.81