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.

Are Race Eco latest results good or bad?

Race Eco Chain's latest results are positive, with a 731.82% increase in Profit After Tax and an 81.32% rise in net sales. However, the company needs to improve its Debtors Turnover Ratio, which has declined to 4.65 times, indicating challenges in debt collection.

Race Eco Chain's latest results can be considered quite positive overall. The company has reported a remarkable increase in profitability and sales for the quarter ending June 2025. Specifically, their Profit After Tax (PAT) surged to Rs 1.83 crore, reflecting a staggering growth of 731.82% year on year. Additionally, net sales reached Rs 156.73 crore, marking an impressive 81.32% increase compared to the same quarter last year.<BR><BR>However, there are some challenges that the company needs to address. The Debtors Turnover Ratio has declined to 4.65 times, which is the lowest it has been in the last five half-year periods. This indicates a slowdown in the pace of settling debts, suggesting that operational efficiency could be improved.<BR><BR>In summary, while Race Eco Chain has demonstrated strong financial growth, particularly in profitability and sales, it must focus on improving its debtor management to enhance overall financial health moving forward.

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.

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

Why is Race Eco Chain Ltd falling/rising?

As of 18-Jan, Race Eco Chain Ltd's stock price is slightly rising at 124.80, with a recent increase of 0.24%. This uptick is driven by growing investor interest and strong long-term growth metrics, despite a significant decline of 63.94% over the past year.

As of 18-Jan, Race Eco Chain Ltd's stock price is rising slightly, currently at 124.80, with a change of 0.3 (0.24%) increase. This uptick can be attributed to several factors. Notably, the stock has been gaining for the last two days, resulting in a total return of 2.3% during this period. Additionally, it has outperformed its sector by 0.79% today, indicating a relative strength compared to its peers.<BR><BR>Investor participation appears to be increasing, as evidenced by a 32.35% rise in delivery volume on January 14 compared to the five-day average. This suggests growing interest among investors, which can contribute to upward price momentum. Furthermore, the company has reported healthy long-term growth metrics, including a significant annual increase in net sales of 34.91% and an impressive operating profit growth of 71.41%. The net profit has also surged by 126.03%, with the company declaring positive results for the last five consecutive quarters.<BR><BR>However, it is important to note that despite the recent rise, the stock has experienced substantial declines over the longer term, with a 63.94% drop over the past year. It is also trading below its moving averages, which may indicate underlying weaknesses. Nonetheless, the current positive performance and rising investor interest are contributing factors to the stock's recent upward movement.

Which are the latest news on Race Eco?