RA
Race Eco Chain Ltd (RACE)
₹113.18
Mkt cap
₹167 Cr
P/E ratio
22.20
P/B
2.63
Div yield
0.00%
ROE
9.28%
ROCE
11.00%
EPS (TTM)
₹5.10
Book value
₹43
52W range
84–240
Sector
Utilities
Price history
Previous close
Incorporated in 1999, Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers. Company also manufactures recycled products [1]
NSE RACEBSE 537785
Health check
Mixed
ValuationFair
ProfitabilityAverage
GrowthHigh
TechnicalsBearish
52-week range
−52.84% from high₹113
₹84+34.56% from low₹240
Current
₹113.18
Prev close
₹118.02
Day
−4.10%
Price performance
1D
−4.97%
1W
−3.30%
1M
+12.51%
3M
−0.75%
6M
+30.33%
1Y
−50.89%
YTD
−19.35%
Financials
Revenue, profit & margin
P/E ratio
22.2×
RACE is 11% above the sector median of 20.0×
RACE22.2×
Sector median20.0×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 110.74 | 78.88 | 72.68 | 85.17 | 86.44 | 106.29 | 168.42 | 193.95 | 156.73 | 148.43 | 131.12 | 182.48 | 191.06 | |
| Expenses | 108.81 | 77.71 | 71.20 | 84.13 | 85.04 | 104.44 | 165.39 | 190.54 | 153.82 | 144.76 | 127.77 | 178.20 | 187.48 | |
| Operating Profit | 1.93 | 1.17 | 1.48 | 1.04 | 1.40 | 1.85 | 3.03 | 3.41 | 2.91 | 3.67 | 3.35 | 4.28 | 3.58 | |
| OPM % | 1.74% | 1.48% | 2.04% | 1.22% | 1.62% | 1.74% | 1.80% | 1.76% | 1.86% | 2.47% | 2.55% | 2.35% | 1.87% | |
| Other Income | 0.03 | 0.06 | 0.15 | 0.61 | 0.15 | 0.10 | 0.28 | 0.44 | 0.35 | 1.70 | 1.77 | 1.15 | 1.04 | |
| Interest | 0.55 | 0.77 | 0.77 | 0.84 | 0.93 | 1.01 | 0.75 | 1.55 | 1.65 | 1.98 | 2.06 | 2.51 | 2.47 | |
| Depreciation | 0.12 | 0.13 | 0.14 | 0.41 | 0.30 | 0.17 | 0.18 | 0.22 | 0.25 | 0.52 | 0.51 | 0.51 | 0.76 | |
| Profit before tax | 1.29 | 0.33 | 0.72 | 0.40 | 0.32 | 0.77 | 2.38 | 2.08 | 1.36 | 2.87 | 2.55 | 2.41 | 1.39 | |
| Tax % | 29.46% | 33.33% | 18.06% | 70.00% | 68.75% | 5.19% | 25.63% | 23.56% | 69.12% | -3.14% | 23.14% | 18.67% | 25.90% | |
| Net Profit | 0.91 | 0.22 | 0.59 | 0.11 | 0.11 | 0.73 | 1.77 | 1.59 | 0.42 | 2.97 | 1.95 | 1.96 | 1.03 | |
| EPS in Rs | 0.55 | 0.13 | 0.36 | 0.07 | 0.07 | 0.42 | 0.92 | 0.86 | 0.20 | 1.62 | 1.02 | 1.08 | 0.64 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −2.71% · closed higher next day 0 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 12 Aug '26◦ |
| Earnings day | −2.71% |
| +1 day | −2.19% |
| +5 days | −0.19% |
| +15 days | −1.34% |
| +30 days | +15.24% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Jun 202644.79%Promoter
Promoters44.79%
FIIs0.01%0.70
DIIs0.58%
Public54.62%0.69
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Refex Industries | ₹271.85 | 13.08 | 3,730 | 0.55% | 65 | +145.38% | 916 | +160.42% | 22.71% |
| EMS | ₹366.65 | 29.88 | 2,036 | 0.41% | 15 | −59.13% | 157 | −34.18% | 12.77% |
| Antony Waste han | ₹364.90 | 17.73 | 1,036 | 0.14% | 1 | −95.73% | 261 | +5.52% | 11.22% |
| Effwa Infra | ₹362.10 | 29.29 | 838 | 0.00% | 18 | +20.33% | 163 | +31.25% | 29.26% |
| Eco Recyc. | ₹432.10 | 34.71 | 834 | 0.23% | 9 | +11.15% | 16 | +75.22% | 30.75% |
| Namo eWaste | ₹270.95 | 43.18 | 620 | 0.00% | 7 | +135.90% | 107 | +29.25% | 21.33% |
| Z-Tech (India) | ₹412.25 | 16.63 | 613 | 0.00% | 4 | +33.22% | 29 | +42.29% | 20.01% |
| Race Eco | ₹96.80 | 22.21 | 167 | 0.00% | 1 | +214.29% | 191 | +21.90% | 10.99% |
| Median: 13 Co. | ₹271.85 | 19.97 | 613 | 0.00% | 7 | +20.33% | 107 | +29.25% | 18.88% |
Filings
Annual reports13
Concall transcripts10
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Acquisition 8 Sep - Race Eco Chain invests Rs 4.67 crore in subsidiary Ganesha Recycling Chain via 93,379 CCPS.Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Sep - Newspaper Publication on Completion of Dispatch of Notice of AGMIntimation Regarding Letter Dispatched To The Shareholders Of The Company For Annual Report Of The Company For Financial Year 2025-26 1 Sep - 26th AGM scheduled for 26 September 2026; annual report FY2025-26 and KYC/email update reminder sent.Book Closure, Cut Off Date And Remote E-Voting 1 SepReg. 34 (1) Annual Report. 1 Sep