Race Eco

Why is Race Eco Chain Ltd falling/rising?

As of 10-Aug, the stock price of Race Eco Chain Ltd is currently at 108.95, reflecting a decline of 0.37%. The stock has significantly underperformed, with a year-to-date drop of 23.25% and a 54.98% decrease over the past year, indicating ongoing instability and reduced investor participation.

As of 10-Aug, the stock price of Race Eco Chain Ltd is falling, currently at 108.95, reflecting a change of -0.4 or -0.37%. The stock has underperformed relative to the sector today by -0.39%. Over the past week, it has decreased by 1.54%, while the benchmark Sensex has only declined by 0.12%. Year-to-date, the stock has experienced a significant drop of 23.25%, compared to a smaller decline of 7.84% in the Sensex. <BR><BR>Moreover, the stock has shown a substantial decline over longer periods, with a 54.98% decrease over the past year and a staggering 59.14% drop over the last three years. This trend indicates a consistent underperformance compared to the benchmark index. <BR><BR>Additionally, there are signs of falling investor participation, as evidenced by a delivery volume of 3.69k on August 7, which is down by 38.89% compared to the 5-day average. The stock's liquidity is also noted to be adequate for trading, but the erratic trading pattern, where it did not trade on one day out of the last 20, suggests instability. <BR><BR>Overall, these factors contribute to the declining stock price of Race Eco Chain Ltd.

Which are the latest news on Race Eco?

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.

How big is Race Eco?

As of 10th June, Race Eco Chain Ltd has a market capitalization of 188.00 Cr, with recent net sales of 618.76 Cr and a net profit of 6.77 Cr. Shareholder's funds are 71.57 Cr and total assets amount to 181.80 Cr.

As of 10th June, Race Eco Chain Ltd has a market capitalization of 188.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Race Eco reported Net Sales of 618.76 Cr and a Net Profit of 6.77 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 of 181.80 Cr.

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 (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).

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>If you need more specific information about their roles or contributions, feel free to ask!

Who are the peers of the Race Eco?

Peers of Race Eco include Antony Waste, JITF Infra Logis, Denta Water, Concord Enviro, Organic Recyclin, Gem Enviro, VVIP Infratech, Filtra Consult, EP Biocomposites, and Eco Recyc. Race Eco has below average management risk and growth, with a 1-year return of -56.22%, slightly better than Concord Enviro's -57.29%.

Peers: Antony Waste han, JITF Infra Logis, Denta Water, Concord Enviro, Organic Recyclin, Gem Enviro, VVIP Infratech, Filtra Consult., EP Biocomposites, Eco Recyc.<BR><BR>Quality Snapshot: Excellent management risk is observed at VVIP Infratech and Filtra Consult., while Good management risk is found at Gem Enviro. Average management risk is present at Antony Waste han and EP Biocomposites, while Below Average management risk is seen at Race Eco, Denta Water, Concord Enviro, Organic Recyclin. Growth is Excellent at Race Eco, Organic Recyclin, and VVIP Infratech, while Below Average growth is noted at Antony Waste han, Denta Water, Concord Enviro, and the rest. Capital Structure ratings are Excellent at Denta Water, Organic Recyclin, and Gem Enviro, while Average is found at Antony Waste han and EP Biocomposites, and Below Average at Race Eco and Concord Enviro.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Organic Recyclin at 0.00%, while the lowest is Concord Enviro at -57.29%. Race Eco's 1-year return of -56.22% is slightly better than Concord Enviro's. Additionally, peers with negative six-month returns include Antony Waste han, Denta Water, Concord Enviro, and Race Eco.

What does Race Eco do?

Race Eco Chain Ltd focuses on recycling and the circular economy to reduce carbon footprints from waste plastics. As of March 2026, it reported net sales of 182 Cr and a net profit of 2 Cr, with a market cap of INR 188 Cr.

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>The company was incorporated on November 22, 1999, and was formerly known as Anisha Impex Limited. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 182 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 188 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 28.00 <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: 2.45 <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

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

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