Race Eco

Why is Race Eco Chain Ltd falling/rising?

As of 16-Aug, the stock price of Race Eco Chain Ltd is at 99.70, unchanged. The stock has significantly underperformed, with a year-to-date drop of 29.76% and a 56.28% decline over the past year, amid concerns about management efficiency and decreasing institutional investor confidence.

As of 16-Aug, the stock price of Race Eco Chain Ltd is currently at 99.70, showing no change (0.00%). The stock has experienced a significant decline over various periods, with a year-to-date drop of 29.76% and a staggering 56.28% decrease over the past year. This underperformance is starkly contrasted with the Sensex, which has only fallen by 8.46% during the same timeframe.<BR><BR>Despite a recent outperformance against its sector by 0.6%, the stock is trading below its moving averages across all time frames, indicating a bearish trend. Additionally, while there has been a notable increase in investor participation, with delivery volume rising by 137.5% against the 5-day average, this has not translated into a positive price movement.<BR><BR>The company does exhibit some positive factors, such as a healthy long-term growth rate in operating profit of 56.97% and a low PEG ratio of 0.3, suggesting it may be undervalued compared to peers. However, these positives are overshadowed by significant concerns regarding management efficiency, as indicated by a low Return on Capital Employed (ROCE) of 7.58% and a high Debt to EBITDA ratio of 6.34 times, which reflects the company's low ability to service its debt.<BR><BR>Moreover, institutional investor participation has decreased by 0.7% in the last quarter, indicating a lack of confidence from more knowledgeable investors. This decline, combined with the stock's poor performance over both the long and short term, contributes to the overall negative sentiment surrounding Race Eco Chain Ltd, leading to its falling stock price.

Which are the latest news on Race Eco?

Should I buy, sell or hold Race Eco Chain Ltd?

Who are in the management team of Race Eco?

The management team of Race Eco includes Sunil Kumar Malik (Chairman & Managing Director), Pranav Vasan (Director), Sanjay Kukreja and Anil Bhel (Independent Directors), SHIWATI (Company Secretary & Compliance Officer), Rama Nand Gupta and Raj Kumar Modani (Executive Directors), and Seema Malik (Additional Director). They oversee the company's operations and strategic direction.

The management team of Race Eco includes the following individuals:<BR><BR>1. **Sunil Kumar Malik** - Chairman & Managing Director<BR>2. **Pranav Vasan** - Director<BR>3. **Sanjay Kukreja** - Independent Director<BR>4. **SHIWATI** - Company Secretary & Compliance Officer<BR>5. **Rama Nand Gupta** - Executive Director<BR>6. **Anil Bhel** - Independent Director<BR>7. **Raj Kumar Modani** - Executive Director<BR>8. **Seema Malik** - Additional Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Race Eco do?

Race Eco Chain Ltd focuses on recycling and the circular economy to reduce carbon footprints from waste plastics. As a micro-cap company, it reported net sales of 191 Cr and a net profit of 1 Cr for June 2026.

Overview: <BR>Race Eco Chain Ltd is engaged in recycling and the circular economy, focusing on reducing the carbon footprint caused by waste plastics, and operates within the Other Utilities industry as a micro-cap company.<BR><BR>History: <BR>Incorporated on November 22, 1999, Race Eco Chain Ltd was formerly known as Anisha Impex Limited. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 191 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 171 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 23.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.00 <BR>Return on Equity: 9.13% <BR>Price to Book: 2.43 <BR><BR>Contact Details: <BR>Address: Unit No 203 Plaza-P 3, Central Square Bara Hindu Rao Delhi Delhi : 110006 <BR>Tel: 91-11-22046604 <BR>Email: contact@anishaimpex.com <BR>Website: http://www.anishaimpex.com

Who are the peers of the Race Eco?

Race Eco's peers include Antony Waste, Eco Recyc., Denta Water, and others. Race Eco has below-average management risk and growth, with a 1-year return of -56.87%, significantly worse than its peers.

Peers: The peers of Race Eco are Antony Waste han, Eco Recyc., Denta Water, JITF Infra Logis, Concord Enviro, VVIP Infratech, Organic Recyclin, Gem Enviro, Filtra Consult, and EP Biocomposites.<BR><BR>Quality Snapshot: Excellent management risk is observed at Eco Recyc. and Filtra Consult., while Good management risk is found at VVIP Infratech and Gem Enviro. Average management risk is present at Antony Waste han, Denta Water, and EP Biocomposites, while Below Average management risk is noted at Race Eco, Concord Enviro, and Organic Recyclin. Growth is Excellent at Eco Recyc. and Organic Recyclin, Good at VVIP Infratech and EP Biocomposites, while Race Eco, Denta Water, Concord Enviro, and the rest show Below Average growth. Capital Structure is Excellent at Eco Recyc. and Gem Enviro, Good at VVIP Infratech and Filtra Consult, Average at Antony Waste han and EP Biocomposites, and Below Average at Race Eco, Concord Enviro, and Organic Recyclin.<BR><BR>Return Snapshot: Eco Recyc. has the highest 1-year return at -18.73%, while Race Eco has the lowest at -56.87%. Race Eco's 1-year return is significantly worse than that of Eco Recyc. Additionally, the six-month return is negative for Race Eco, Concord Enviro, VVIP Infratech, Gem Enviro, and Denta Water.

How big is Race Eco?

As of 14th August, Race Eco Chain Ltd has a market capitalization of 174.23 Cr, with net sales of 653.09 Cr and a net profit of 7.52 Cr reported in the latest four quarters. Shareholder's funds are 71.57 Cr, and total assets are valued at 181.80 Cr as of March 2025.

As of 14th August, Race Eco Chain Ltd has a market capitalization of 174.23 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Race Eco reported net sales of 653.09 Cr and a net profit of 7.52 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 71.57 Cr and total assets valued at 181.80 Cr.

When is the next results date for Race Eco Chain Ltd?

The next results date for Race Eco Chain Ltd is 12 August 2026.

The next results date for Race Eco Chain Ltd is scheduled for 12 August 2026.

Are Race Eco Chain Ltd latest results good or bad?

Race Eco Chain Ltd's latest results show a mixed performance: while net profit increased by 25.68% year-on-year to ₹1.86 crore, revenue declined by 5.91%, and operating margins fell, raising concerns about sustainability and operational efficiency. Overall, these results suggest the company faces significant challenges despite some positive profit growth.

Race Eco Chain Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹1.86 crore for Q4 FY26, which is an improvement of 5.68% quarter-on-quarter and a notable 25.68% increase year-on-year. This suggests some positive momentum in profitability.<BR><BR>However, the revenue for the same quarter was ₹182.48 crore, reflecting a decline of 5.91% compared to the previous year, which raises concerns about the company's ability to sustain top-line growth. Additionally, the operating margin has decreased to 2.35%, down from 2.55% in the previous quarter, indicating challenges in maintaining profitability despite the revenue increase.<BR><BR>The company's interest costs have also surged to ₹2.51 crore, marking the highest quarterly level, which further pressures the bottom line. This increase in financing costs, coupled with the low profit margins, raises questions about operational efficiency and the company's ability to manage its debt effectively.<BR><BR>Overall, while there are some positive signs in terms of net profit growth, the decline in revenue and operating margin, along with rising interest costs, suggest that Race Eco Chain is facing significant challenges. Investors might view these results as a cautionary signal, indicating that the company still has work to do in order to improve its financial health and operational performance.

Is Race Eco overvalued or undervalued?

As of November 14, 2025, Race Eco is fairly valued with a PE Ratio of 49.58, significantly lower than its expensive peers, indicating strong growth potential despite a year-to-date stock underperformance of -53.78% compared to the Sensex's 8.22%.

As of 14 November 2025, the valuation grade for Race Eco has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 49.58, an EV to EBITDA of 28.31, and a PEG Ratio of 0.16, which indicates strong growth potential relative to its price.<BR><BR>In comparison to its peers, Race Eco's PE Ratio is significantly lower than that of Elitecon International, which stands at 309.88, and MMTC at 139.98, both classified as very expensive. Additionally, Optiemus Infra, also rated fair, has a PE Ratio of 75.09, further supporting Race Eco's relative valuation. Notably, the company's stock has underperformed against the Sensex, with a year-to-date return of -53.78% compared to the Sensex's 8.22%, highlighting the potential for recovery as the valuation aligns more closely with its peers.

How has been the historical performance of Race Eco?

Race Eco has shown significant growth over the past three years, with net sales increasing from 269.08 Cr in Mar'23 to 555.10 Cr in Mar'25, and profit after tax rising from 1.30 Cr to 4.13 Cr. The company's total assets also grew substantially, reflecting strong overall financial performance.

Answer:<BR>The historical performance of Race Eco shows significant growth in key financial metrics over the past three years.<BR><BR>Breakdown:<BR>Race Eco's net sales increased from 269.08 Cr in Mar'23 to 555.10 Cr in Mar'25, indicating a strong upward trend. Total operating income followed a similar trajectory, rising from 269.08 Cr in Mar'23 to 555.10 Cr in Mar'25. The company's total expenditure also grew, from 267.00 Cr in Mar'23 to 545.40 Cr in Mar'25, but operating profit (PBDIT) improved significantly, reaching 10.60 Cr in Mar'25 compared to 2.93 Cr in Mar'23. Profit before tax rose from 1.79 Cr in Mar'23 to 5.49 Cr in Mar'25, and profit after tax increased from 1.30 Cr to 4.13 Cr during the same period. The earnings per share (EPS) also saw a notable rise from 0.79 in Mar'23 to 2.25 in Mar'25. On the balance sheet, total assets grew from 48.93 Cr in Mar'23 to 181.80 Cr in Mar'25, while total liabilities increased from 48.93 Cr to 181.80 Cr, reflecting the company's expansion. Cash flow from financing activities surged from 9.00 Cr in Mar'23 to 61.00 Cr in Mar'25, contributing to a net cash inflow of 4.00 Cr by Mar'25, compared to an outflow of 2.00 Cr in Mar'24. Overall, Race Eco has demonstrated robust growth in sales, profits, and asset base over the past three years.

Who are the top shareholders of the Race Eco?

The top shareholders of Race Eco are Sangeeta Pareekh with 25.03%, followed by public shareholder Puja Malik at 5.78%. Individual investors own 30.08%, and there are two foreign institutional investors with a combined 0.01%, with no pledged promoter holdings or mutual fund schemes.

The top shareholders of Race Eco include Sangeeta Pareekh, who holds the highest promoter stake at 25.03%. The highest public shareholder is Puja Malik, with a holding of 5.78%. Additionally, individual investors collectively own 30.08% of the company. There are also two foreign institutional investors (FIIs) with a combined holding of 0.01%. Notably, there are no pledged promoter holdings or mutual fund schemes involved.

What is the technical trend for Race Eco?

As of May 12, 2025, Race Eco's technical trend is mildly bearish, influenced by bearish moving averages and Bollinger Bands, despite mixed signals from the MACD and KST.

As of 12 May 2025, the technical trend for Race Eco has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals across time frames. The daily moving averages remain bearish, which adds to the cautious outlook. Bollinger Bands are bearish on both weekly and monthly charts, reinforcing the bearish sentiment. The KST shows a mildly bullish stance weekly but is mildly bearish monthly, while the OBV is mildly bearish on a weekly basis. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands, despite some mixed signals from MACD and KST.

Has Race Eco declared dividend?

No Dividend History Available