Race Eco Chain
Race Eco Chain Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Race Eco Chain Limited, framed against the sector median so the premium or discount is obvious at a glance.
Race Eco Chain Limited trades at a P/E of 20.52× and P/B of 2.02×, against the Utilities sector median P/E of 34.10×.
Valuation
Profitability
Growth
Financial Health
Race Eco Chain Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Race Eco Chain Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Race Eco Chain Limited financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Race Eco Chain Limited, switchable between annual and quarterly views, consolidated or standalone.
Race Eco Chain Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹191.73 Cr and reported EPS of ₹4.65.
| Period | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue from Operations | 347 | 555 | 619 |
| Other Income | 1 | 1 | 2 |
| Total Income | 348 | 556 | 620 |
| Cost of Goods Sold (COGS) | 335 | 539 | 597 |
| Gross Profit | 13 | 16 | 22 |
| +Operating Expenses | 7 | 6 | 8 |
| EBITDA | 6 | 10 | 14 |
| +Non-Operating Expenses | 4 | 5 | 13 |
| Profit Before Tax (PBT) | 3 | 5 | 9 |
| +Tax Expense | 1 | 1 | 2 |
| Total Profit for Period | 2 | 4 | 7 |
| Less: Non-controlling Interests | -0 | 0 | — |
| Net Profit (Owner's PAT) | 2 | 4 | 7 |
| Earnings Per Share (EPS) | 0.94 | 2.26 | 4.23 |
| Diluted Shares Outstanding (Nos.) | 2 | 2 | 2 |
| +Additional Disclosures | 680 | 1,088 | 1,207 |
| Sales Growth % | — | 59.75 | 11.47 |
| YoY Sales Growth % | — | 59.75 | 11.47 |
| Employee Cost % | 1 | 1 | 1 |
| Other Cost % | 1 | 1 | 1 |
| OPM % | 2 | 2 | 2 |
| Tax % | 43 | 25 | 21 |
| Profit Growth % | — | 147.31 | 90.40 |
| Gross Margin % | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 |
| +Additional Fields | 5 | 9 | 12 |
Race Eco Chain segment analysis: revenue and profit mix.
Disclosed business segments at Race Eco Chain with their share of revenue and profit, switchable between consolidated and standalone reporting.
Race Eco Chain discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Race Eco Chain Limited investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Race Eco Chain Limited, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Race Eco Chain Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Robust revenue growth with 81.30% quarterly sales variation and 162.75% TTM.
Manageable debt-to-equity ratio of 0.86 indicates a relatively healthy financial structure.
Impressive 5-year EPS growth of 74.32% and 3-year growth of 59.76%.
Strategic positioning in waste management benefits from environmental awareness and regulatory support.
Diversified business model includes waste collection, recycling, and biomass briquette manufacturing.
What can break it.
High P/E ratio of 91.50 suggests potential overvaluation compared to sector peers.
Suboptimal capital efficiency with ROE of 8.30% and ROCE of 9.64% below industry averages.
Persistent negative free cash flow and operating cash flow are significant liquidity concerns.
Poor stock performance, near 52-week low, with -54.28% YTD return.
Thin operating profit margin of 1.66% makes profitability vulnerable to cost fluctuations.
What would change my mind.
Trim if P/E re-rates above 27 (~0.8× the sector multiple of 34.1). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.54. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
Race Eco Chain Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Race Eco Chain Limited is highlighted for quick read-across.
Quick Compare
Race Eco Chain Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Race Eco Chain Limited — derived from the live tape, not yesterday's close.
Race Eco Chain Limited last traded at ₹130.83 with an intraday range of ₹130.55–₹138.89 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹130.83| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 152.98 | +22.15 | +16.93% |
| R3 | 144.64 | +13.81 | +10.55% |
| R2 | 141.76 | +10.93 | +8.36% |
| R1 | 136.30 | +5.47 | +4.18% |
| PIVOT | 133.42 | 2.59 | 1.98% |
| CURRENT | 130.83 | — | — |
| S1 | 111.28 | -19.55 | -14.95% |
| S2 | 119.62 | -11.21 | -8.57% |
| S3 | 125.08 | -5.75 | -4.39% |
| S4 | 127.96 | -2.87 | -2.20% |
RACE is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ~
Trading Below opening range, showing Bearishness
Race Eco Chain Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Race Eco Chain Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Race Eco Chain Limited stood at 76.3% of traded volume, against a 20-day average of 64.0%.
Race Eco Chain announcements: results, concalls, ratings, M&A.
Filings Race Eco Chain sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Race Eco Chain files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 48 documents below.
General Updates
Race Eco Chain Limited has informed the Exchange about General Updates
Updates
Race Eco Chain Limited has informed the Exchange regarding 'Participationb in BIOFUEL EXPO 2026'.
Preferential issue
Race Eco Chain Limited has informed the Exchange about the Forfeiture of the Convertible Warrants issued on Preferential basis
Outcome of Board Meeting
Race Eco Chain Limited has informed the Exchange regarding Outcome of Board Meeting held on April 01, 2026 for the forfeiture of the Convertible…
Disclosure of material issue
Race Eco Chain Limited has informed regarding Disclosure of Investment in the Proposed Subsidiary Company
Investor decks & rating reports.
Race Eco Chain insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Race Eco Chain as reported to SEBI — buying and selling signals from the people who know the business best.
Race Eco Chain insider activity below tracks 3 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| PUJA MALIK | Insider | 16 Jun 2025 | buy | +10.0 K | ₹25.3 L | ₹252.99 |
| PUJA MALIK | Insider | 26 Mar 2025 | buy | +10.0 K | ₹24.9 L | ₹249.00 |
| PUJA MALIK | Insider | 21 Mar 2025 | buy | +3.0 K | ₹8.23 L | ₹276.15 |
Race Eco Chain dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Race Eco Chain has declared, sequenced by announce and record date.
Race Eco Chain corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Race Eco Chain Limited: business, sector, key facts.
What Race Eco Chain Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Race Eco Chain Limited operates in the Commercial Services & Supplies industry under the Utilities sector, listed as NSE: RACE, BSE: 537785.
Race Eco Chain Limited (RACE) operates as a significant player in India's waste recycling sector. Their core business revolves around the collection and supply of recyclable waste materials to various recyclers. This crucial intermediary role facilitates the conversion of waste into valuable and reusable products, contributing to a circular economy and reducing environmental impact. RACE's operations encompass a broad range of recyclable materials, showcasing their commitment to comprehensive waste management solutions.
Beyond the collection and supply of recyclable materials, RACE is also directly involved in the manufacturing process. A notable aspect of their manufacturing activities is the production of biomass briquettes. These briquettes are produced using a variety of agricultural byproducts, including mustard seed husks, sawdust, and groundnut shells. The utilization of these waste materials not only reduces waste but also creates a sustainable, alternative fuel source. This diversification showcases RACE's integrated approach to waste management and resource utilization.
RACE's manufacturing extends beyond biomass briquettes to include a range of recycled products. While the specific types of recycled products aren't detailed in the provided information, this aspect indicates a further commitment to transforming waste into usable goods. This vertical integration provides RACE with greater control over the recycling process and enhances their ability to manage and optimize the entire supply chain. The focus on manufacturing recycled products adds value to the business and demonstrates a commitment to both environmental sustainability and profitability.
Established in 1999 and headquartered in Ghaziabad, India, RACE has a long history of operating within the Indian waste management sector. The company's rebranding in 2021 from Anisha Impex Limited to Race Eco Chain Limited reflects a strategic shift towards emphasizing their environmental focus and commitment to sustainable practices. This rebranding showcases their ambition to solidify their position as a leading player in the growing Indian recycling industry and further develop their range of sustainable products.
Questions investors ask about Race Eco Chain Limited (RACE).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Race Eco Chain Limited (RACE)?
The current share price of Race Eco Chain Limited (RACE) is ₹130.83. Today, the stock has declined by ₹6.39 (4.66%), trading in a range of ₹130.55 to ₹138.89. The stock opened at ₹137.08 with a trading volume of 38,864 shares.
02Is Race Eco Chain Limited stock a good investment for long-term?
Race Eco Chain Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹191.73 crores, P/E ratio of 20.52, ROE of 8.43%, and ROCE of 9.64%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Race Eco Chain Limited stock?
The 52-week high price of Race Eco Chain Limited (RACE) is ₹261.48, while the 52-week low is ₹84.11. Currently trading at ₹130.83, the stock is 26.3% away from its 52-week low and 50.0% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Race Eco Chain Limited stock at the current price?
Whether to buy Race Eco Chain Limited stock at ₹130.83 depends on multiple factors. The stock is currently trading with a P/E ratio of 20.52 and P/B ratio of 2.02. Today's performance shows a loss of 4.66%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Race Eco Chain Limited and when is the next dividend?
Race Eco Chain Limited offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹130.83, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Race Eco Chain Limited?
Race Eco Chain Limited's key financial metrics include: P/E Ratio: 20.52, P/B Ratio: 2.02, ROE: 8.43%, ROCE: 9.64%, Dividend Yield: 0.00%, EPS: ₹4.65, Book Value: ₹41.48, and Debt-to-Equity: 1.04. The company's market cap stands at ₹191.73 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Race Eco Chain Limited stock performing today in the market?
Race Eco Chain Limited stock opened at ₹137.08 and is currently trading at ₹130.83, showing a decline of ₹6.39 (4.66%). The intraday high is ₹138.89 and low is ₹130.55. The trading volume stands at 38,864 shares, indicating moderate market participation today.
08What is the P/E ratio of Race Eco Chain Limited and what does it indicate?
Race Eco Chain Limited has a Price-to-Earnings (P/E) ratio of 20.52, which means investors are willing to pay ₹20.52 for every ₹1 of earnings. With an EPS of ₹4.65, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Race Eco Chain Limited (RACE) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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