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 23-Mar, Race Eco Chain Ltd's stock price is Rs 98.00, reflecting a 10.87% decline. The stock has significantly underperformed, with a year-to-date drop of 30.96% and a 65.85% decrease over the past year, indicating ongoing financial challenges and a bearish trend.

As of 23-Mar, Race Eco Chain Ltd's stock price is falling, currently at Rs 98.00, which reflects a decrease of Rs 11.95 or 10.87%. This decline is evident from the stock's performance today, where it opened with a loss of 6.09% and reached an intraday low of Rs 97.75, marking a drop of 11.1%. The stock has underperformed its sector by 5.86% today and is trading significantly lower than its moving averages across various time frames, indicating a bearish trend.<BR><BR>Over the past week, the stock has decreased by 3.92%, and its performance over the last month shows a substantial decline of 22.62%. Year-to-date, the stock has fallen by 30.96%, and over the past year, it has experienced a staggering drop of 65.85%. This poor performance is compounded by the company's weak financial metrics, including a low Return on Capital Employed (ROCE) of 7.85% and a poor EBIT to Interest ratio of 1.83, which suggest inefficiencies in management and challenges in servicing its debt.<BR><BR>Additionally, the stock is close to its 52-week low, being only 1.79% away from Rs 96.25. The overall trading environment for the sector has also been negative, with a decline of 5.03%. Despite some positive long-term growth indicators, such as a 33.31% annual growth in net sales and a significant increase in profits, the immediate outlook remains bleak due to the company's underperformance and financial struggles.

Why is Race Eco Chain Ltd falling/rising?

As of 24-Mar, Race Eco Chain Ltd's stock price is at Rs. 98.40, reflecting a significant downward trend with a 52-week low of Rs. 96 and a year-to-date decline of -30.68%. The stock continues to underperform its sector and is trading below all key moving averages, indicating persistent bearish sentiment.

As of 24-Mar, Race Eco Chain Ltd's stock price is falling, currently at Rs. 98.40, reflecting a change of -0.3 (-0.3%). The stock has been on a downward trend, having lost -10.5% over the last two days and underperforming its sector by -1.19% today. Additionally, it has reached a new 52-week low of Rs. 96, indicating significant weakness in its price performance.<BR><BR>Over the past week, the stock has declined by -5.84%, and its performance over the last month shows a substantial drop of -18.27%. Year-to-date, the stock has decreased by -30.68%, and over the past year, it has plummeted by -64.79%. This stark decline is in contrast to the Sensex, which has only fallen by -5.02% over the same period.<BR><BR>The stock is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, further indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 108.27% against the 5-day average, the overall sentiment remains negative, contributing to the stock's continued decline.

Why is Race Eco Chain Ltd falling/rising?

As of 25-Mar, Race Eco Chain Ltd's stock price is Rs. 96.35, reflecting a decline of -2.13% and a new 52-week low. The stock has significantly underperformed the market and its sector, with a year-over-year return of -63.27%, driven by poor management efficiency and negative investor sentiment.

As of 25-Mar, Race Eco Chain Ltd's stock price is falling, currently at Rs. 96.35, reflecting a change of -2.1 (-2.13%). The stock has been on a downward trend, having lost -12.37% over the past three days and hitting a new 52-week low of Rs. 95 today. This decline is further illustrated by its performance metrics, showing a significant underperformance compared to the broader market, with a 1-week return of -8.41% against the Sensex's -1.87%.<BR><BR>The stock's moving averages indicate a persistent decline, as it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has underperformed its sector by -4.63% today. Despite a rise in investor participation, with delivery volume increasing by 208.47% against the 5-day average, the overall sentiment remains negative due to poor management efficiency, as evidenced by a low Return on Capital Employed (ROCE) of 7.85% and a weak EBIT to Interest ratio of 1.83.<BR><BR>Moreover, the company has experienced a substantial decline in stock value over the past year, with a return of -63.27%, which has contributed to a lack of investor confidence. Although there are indications of healthy long-term growth in net sales and operating profit, the immediate outlook is overshadowed by the company's inability to service its debt effectively and its flat financial results in recent quarters. This combination of factors is driving the stock price down.

Which are the latest news on Race Eco?