Race Eco Chain
125.49
+0.76(+0.61%)
Market Cap₹216.56 Cr
PE Ratio30.92
IndustryUtilities
Company Performance:
1D+0.61%
1M+8.87%
6M-42.93%
1Y-58.25%
5Y-49.79%
View Company Insightsright
More news about Race Eco Chain
19Aug 25
Race Eco Chain Reports 81% Revenue Surge in Q1 FY26, Unveils Strategic Expansion Plans
Race Eco Chain Limited reported strong Q1 FY26 results with consolidated revenue up 81% to ₹156.73 crore. The plastic packaging waste segment drove growth, increasing 97% to ₹155.31 crore. Profit After Tax surged 300% to ₹0.41 crore. The company aggregated 20,238 MT of plastic waste, up 5.5% YoY. Strategic initiatives include a joint venture with Ganesha Ecosphere Limited for rPET production, business demerger proposal, and launch of the RACE App. The company expanded its collection network and is setting up Reverse Vending Machines to promote sustainable practices.
 no imag found
12Aug 25
Race Eco Chain Limited Reports Q1 FY2026 Results and Appoints New Auditors
Race Eco Chain Limited announced Q1 FY2026 results with consolidated revenue of Rs. 15,672.60 lakhs, up from Rs. 8,644.42 lakhs year-over-year. Consolidated profit reached Rs. 41.30 lakhs. The company appointed M/s. SSAR & Associates as Internal Auditor for FY2025-2026 and M/s. HKS & Associates LLP as Secretarial Auditor for five years, subject to shareholder approval. The Recycle division led segment performance with Rs. 15,531.42 lakhs in revenue.
 no imag found
30May 25
Race Eco Chain Reports Improved Q4 EBITDA and Margin
Race Eco Chain, a leader in eco-friendly supply chain solutions, announced impressive Q4 financial results. The company's consolidated net profit doubled to ₹15.00 crore, up 114.29% year-over-year. Revenue surged by 123% to ₹1,900.00 crore. EBITDA increased to ₹34.00 crore from ₹10.00 crore, with the EBITDA margin improving to 1.76%. Despite these gains, there was a slight 6.25% quarter-over-quarter decline in net profit.
 no imag found
15Apr 25
Race Eco Chain Strengthens Recycling Portfolio with ₹25.50 Crore Investment in Subsidiary
Race Eco Chain Limited has invested ₹25.50 crore in its subsidiary, Ganesha Recycling Chain Private Limited, through a rights issue. The company acquired 2,55,000 equity shares at ₹100 per share, maintaining its 51% ownership stake. This investment aligns with Race Eco Chain's strategy to expand in the recycling sector and strengthen its position in the circular economy.
 no imag found
01Apr 25
Race Eco Chain Faces GST Scrutiny: Pays ₹19.00 Crore Under Protest
Race Eco Chain, an eco-friendly packaging company, is under investigation by the GST Department for alleged excess Input Tax Credit claims. The company's office premises were searched, and in response, Race Eco Chain has paid ₹19 crore towards IGST under protest. This development raises concerns about regulatory compliance, financial impact, and corporate governance for investors.
 no imag found
28Mar 25
Race Eco Chain Faces GST Scrutiny: Pays ₹1.90 Crore Under Protest
Race Eco Chain Limited faced a GST Department search operation on March 27, 2025, at its Ghaziabad office over alleged GST Act contraventions. The company paid ₹1.90 crore under protest towards IGST for excess Input Tax Credit claims. Race Eco Chain states no expected impact on operations and continues normal business activities.
 no imag found
Race Eco Chain
125.49
+0.76
(+0.61%)
1 Year Returns:-58.25%
Industry Peers
EMS
309.15
(-0.80%)
Eco Recycling
393.90
(-1.88%)
Hi-Green Carbon
142.70
(+0.32%)
VVIP Infratech
119.50
(+2.62%)
Race Eco Chain
125.49
(+0.61%)