Race Eco

Who are in the management team of Race Eco?

As of March 2022, the management team of Race Eco includes Sunil Kumar Malik (Chairman & Managing Director), Pranav Vasan (Director), Sanjay Kukreja (Independent Director), SHIWATI (Company Secretary & Compliance Officer), Rama Nand Gupta (Executive Director), Anil Bhel (Independent Director), Raj Kumar Modani (Executive Director), and Seema Malik (Additional Director). Each member plays a key role in the company's governance and management.

As of March 2022, 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>Each member has distinct roles within the company, contributing to its governance and management.

What does Race Eco do?

Race Eco Chain Ltd is a micro-cap company focused on recycling and reducing the carbon footprint from waste plastics. As of March 2025, it reported net sales of 194 Cr and a net profit of 1 Cr, with a market cap of Rs 439 Cr.

Overview: <BR>Race Eco Chain Ltd is a micro-cap company in the Other Utilities industry focused on recycling and the circular economy, specifically aimed at reducing the carbon footprint from waste plastics.<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 the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 194 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 439 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 63.00 <BR>Industry P/E: 30 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.79 <BR>Return on Equity: 10.07% <BR>Price to Book: 6.30 <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

Has Race Eco declared dividend?

No Dividend History Available

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.

Who are the peers of the Race Eco?

Race Eco's peers include Antony Waste, Eco Recycling, Concord Enviro, and VVIP Infratech, among others. Race Eco has below-average management risk and a 1-year return of -45.14%, with peers showing a range of returns from 6.68% to -77.16%.

Peers: The peers of Race Eco are Antony Waste han, Eco Recyc., Concord Enviro, JITF Infra Logis, Denta Water, VVIP Infratech, Organic Recyclin, Gem Enviro, Filtra Consult.<BR><BR>Quality Snapshot: Excellent management risk is observed at Antony Waste han, VVIP Infratech, and Gem Enviro, while Average management risk is found at Eco Recyc., Concord Enviro, Denta Water, and the rest. Below Average management risk is noted for Race Eco, Organic Recyclin, and the rest. Growth ratings show Excellent growth at Eco Recyc., VVIP Infratech, Organic Recyclin, and the rest, while Below Average growth is seen at Antony Waste han, Concord Enviro, Denta Water, and the rest. Capital Structure ratings are Excellent for Eco Recyc., Concord Enviro, and Denta Water, while Good is noted for Antony Waste han, VVIP Infratech, and Filtra Consult, and Below Average for Race Eco and Organic Recyclin.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Antony Waste han at 6.68%, while the lowest is Gem Enviro at -77.16%, with Race Eco's 1-year return of -45.14% falling in between. Additionally, several peers, including JITF Infra Logis, VVIP Infratech, Gem Enviro, and Filtra Consult, have negative six-month returns.

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.

How big is Race Eco?

As of 24th July, Race Eco Chain Ltd has a market capitalization of 429.00 Cr, with recent net sales of 555.10 Cr and a net profit of 7.21 Cr. The balance sheet for March 2024 shows shareholder's funds of 22.21 Cr and total assets of 82.96 Cr.

As of 24th July, Race Eco Chain Ltd has a market capitalization of 429.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Race Eco reported Net Sales of 555.10 Cr and a Net Profit of 7.21 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 22.21 Cr and Total Assets of 82.96 Cr.

When is the next results date for Race Eco?

Race Eco will declare its results on 12 November 2025.

Race Eco will declare its results on 12 November 2025.

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.

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.

Are Race Eco Chain Ltd latest results good or bad?

Race Eco Chain Ltd's latest results are mixed; while the company reported a significant profit increase of 700% quarter-on-quarter, it faced a 5.30% decline in revenue and cash flow issues, raising concerns about sustainability. Investors should be cautious due to these underlying risks despite the profit growth.

Race Eco Chain Ltd's latest results present a mixed picture. On one hand, the company reported a consolidated net profit of ₹2.80 crores for Q2 FY26, marking a remarkable increase of 700% quarter-on-quarter and 283.56% year-on-year. This significant profit surge is attributed to improved operational efficiency and margin expansion, with the operating margin reaching a record 2.47%, the highest in eight quarters.<BR><BR>However, the revenue growth tells a different story. The company experienced a sequential decline in revenue of 5.30%, with net sales at ₹148.43 crores, although this still reflects a robust year-on-year growth of 39.65%. This decline raises concerns about the sustainability of the company's growth trajectory.<BR><BR>Moreover, despite the profitability improvement, there are critical issues regarding cash flow. The company reported an operating cash outflow of ₹42.64 crores for FY25, indicating a disconnect between accounting profits and actual cash generation. This raises questions about the sustainability of its business model.<BR><BR>Additionally, the stock has faced significant market skepticism, with a year-to-date decline of 53.13%, and it trades at a premium valuation of 50.58 times earnings, which is difficult to justify given its weak return on equity of 6.62%.<BR><BR>In summary, while Race Eco Chain has shown impressive profit growth and margin improvement, the concerns surrounding revenue decline, cash flow issues, and high valuation suggest that the results are not entirely positive. Investors should approach with caution, considering both the strengths and the underlying risks.

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

Why is Race Eco Chain Ltd falling/rising?

As of 17-Mar, Race Eco Chain Ltd's stock price is rising to 104.50, indicating a potential short-term trend reversal after previous declines. However, it faces long-term challenges with a year-to-date decline of 26.38% and decreased investor participation, despite showing healthy growth in net sales and profits.

As of 17-Mar, Race Eco Chain Ltd's stock price is rising, currently at 104.50, reflecting a change of 2.5 (2.45%) upward. This increase follows a trend reversal after four consecutive days of decline, indicating a potential shift in market sentiment. The stock opened with a gain of 2.5% today and reached an intraday high of Rs 104.55. Additionally, it outperformed its sector by 1.98%, suggesting that it is gaining traction relative to its peers.<BR><BR>Despite this positive movement, the stock has faced significant challenges over the longer term, with a year-to-date decline of 26.38% and a staggering 58.75% drop over the past year. The stock is currently trading below its moving averages, indicating a generally bearish trend. Furthermore, investor participation has decreased significantly, with delivery volume falling by 79.69% compared to the five-day average, which could signal a lack of confidence among investors.<BR><BR>On a more positive note, the company has shown healthy long-term growth, with net sales increasing at an annual rate of 33.31% and operating profit rising by 55.60%. The stock is also trading at a discount compared to its peers' average historical valuations, and despite the poor performance in terms of stock returns, the company's profits have risen by 152.6% over the past year, resulting in a PEG ratio of 0.2, which is considered attractive.<BR><BR>In summary, while Race Eco Chain Ltd's stock is currently rising due to a short-term reversal and positive performance today, it continues to grapple with significant long-term challenges, including poor management efficiency and a weak ability to service its debt.

Why is Race Eco Chain Ltd falling/rising?

As of 18-Mar, Race Eco Chain Ltd's stock price is at 105.15, showing a recent increase of 0.62%. However, it has underperformed its sector and has significant declines over the year, indicating ongoing challenges despite a short-term rise.

As of 18-Mar, Race Eco Chain Ltd's stock price is currently at 105.15, reflecting a change of 0.65 (0.62%) increase. This rise can be attributed to the stock gaining for the last two consecutive days, resulting in a total return of 3.09% during this period. However, it is important to note that despite this recent uptick, the stock has underperformed its sector by 0.87% today and is trading below all its moving averages, indicating a general downward trend over a longer timeframe.<BR><BR>Additionally, the stock has experienced significant declines over various periods, with a year-to-date drop of 25.92% and a staggering 60.47% decrease over the past year. The delivery volume has also seen a drastic fall of 92.16% compared to the 5-day average, suggesting a decrease in investor participation and interest. Overall, while there is a short-term rise in the stock price, the broader context indicates ongoing challenges and a negative performance relative to both the sector and the market benchmarks.

Why is Race Eco Chain Ltd falling/rising?

As of 19-Mar, Race Eco Chain Ltd's stock price is at 105.00, down 0.19%, with significant declines over various time frames and lower trading volumes indicating a bearish trend. The stock has underperformed compared to the Sensex and is trading below its moving averages, reflecting decreased investor confidence.

As of 19-Mar, Race Eco Chain Ltd's stock price is currently at 105.00, reflecting a decrease of 0.2, or 0.19%. The stock has experienced a notable decline over various time frames, including a 1-week drop of 4.63%, a 1-month decline of 15.32%, and a year-to-date decrease of 26.03%. Over the past year, the stock has fallen by 61.11%, significantly underperforming compared to the Sensex, which has only declined by 1.65% in the same period.<BR><BR>Today, the stock has outperformed its sector by 3.42%, but this comes after a trend reversal where it has fallen following two consecutive days of gains. Additionally, Race Eco Chain Ltd is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. <BR><BR>Investor participation has also decreased, with a delivery volume of 25.97k on March 18, which is down by 5.02% compared to the 5-day average. This decline in trading activity suggests a lack of confidence among investors. Furthermore, the overall trading in the sector has fallen by 3.62%. <BR><BR>In summary, the combination of significant declines over various periods, lower trading volumes, and being below moving averages contributes to the current downward movement of Race Eco Chain Ltd's stock price.

Why is Race Eco Chain Ltd falling/rising?

As of 20-Mar, Race Eco Chain Ltd's stock price is Rs 101.10, reflecting a 2.46% decrease. The stock has significantly underperformed, with year-to-date and annual declines of 28.78% and 62.28%, respectively, and is currently trading near its 52-week low.

As of 20-Mar, Race Eco Chain Ltd's stock price is falling, currently at Rs 101.10, which reflects a decrease of Rs 2.55 or 2.46%. The stock has been underperforming significantly, with a 1-week decline of 7.08% and a 1-month drop of 15.89%. Year-to-date, the stock has decreased by 28.78%, and over the past year, it has fallen by 62.28%. <BR><BR>Today, the stock has also shown a consecutive decline, losing 3.9% over the last two days. It is currently trading close to its 52-week low, just 4.8% above the low of Rs 96.25. The stock's performance today has underperformed its sector by 4.01%. Additionally, it has been highly volatile, with an intraday volatility of 5.44%. <BR><BR>Investor participation appears to be decreasing, as evidenced by a significant drop in delivery volume, which fell by 48.04% compared to the 5-day average. Furthermore, the stock is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. Overall, these factors contribute to the ongoing decline in Race Eco Chain Ltd's stock price.

Which are the latest news on Race Eco?