RACE · NSE
Race Eco Chain Limited
₹122.91
+2.44% (+₹2.93)
Prev. close
₹119.98
Volume
6,85,875
Delivery %
42.1%
As of
23 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Race Eco Chain Limited
Race Eco Chain Limited, together with its subsidiaries, engages in waste management activities in India. It operates through Misc. Old Economy Products; Recycle Division; Restore Division; Biomass Division; and IT Division segments. The company is involved in the collection and supply of recyclable waste, such as PET plastic bottle waste, non-PET plastic recycling, wastepaper, metal waste, and other wastes; and sale of biomass briquettes, such as mustard, sawdust, and groundnut briquettes. It also engages in supply chain management services; manufacture of various recycled products, including bags, cushions, curtains, table mats and runners, home furnishing, and garments under the Restore brand; sale of fabric and other textile products; and development of IT enabled applications. The company offers its services to brands, recyclers, and waste suppliers. The company was formerly known as Anisha Impex Limited and changed its name to Race Eco Chain Limited in January 2021. Race Eco Chain Limited was incorporated in 1999 and is based in Noida, India.
Details
Sector
Industrials
Industry
Waste Management
CEO
Mr. Ravi Madan
Headquarters
Noida
Employees
46
Website
raceecochain.comExchange
View on NSE ↗Key stats
Market cap
₹212.11 Cr
P/E ratio (TTM)
36.1
EPS (TTM)
₹3.40
Beta (1Y · daily vs NIFTY 50)
1.26
Beta (5Y · monthly vs NIFTY 50)
1.77
Shares float
73.82 L
EPS · quarter ended Jun 2026
₹0.60
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (standalone), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.0% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹58.72 Cr | ₹157.21 Cr | ₹269.08 Cr | ₹347.48 Cr | ₹555.10 Cr | ₹618.75 Cr | |
| EBITDA | — | — | ₹2.93 Cr | ₹6.47 Cr | ₹10.55 Cr | ₹19.17 Cr |
| ₹99.60 L | ₹91.70 L | ₹1.30 Cr | ₹1.55 Cr | ₹3.89 Cr | ₹6.76 Cr | |
| Diluted EPS | — | — | ₹0.79 | ₹0.92 | ₹2.22 | ₹3.92 |
Total expenses (as filed), Employee benefit expense, Depreciation & amortisation, Other expenses, EBITDA, Pretax income, Tax provision, Interest expense, Other income, Diluted EPS have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹49.18 Cr | ₹82.94 Cr | ₹182.34 Cr | ₹215.51 Cr | |
| — | — | ₹15.51 Cr | ₹42.52 Cr | ₹61.61 Cr | ₹90.05 Cr | |
| Stockholders' equity | — | — | ₹20.57 Cr | ₹22.21 Cr | ₹71.57 Cr | ₹74.13 Cr |
Total assets, Current assets, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹-14.59 Cr | ₹-8.53 Cr | ₹-42.86 Cr | ₹18.87 Cr | |
| Investing cash flow | — | — | ₹6.65 Cr | ₹-18.21 Cr | ₹-13.40 Cr | ₹-28.79 Cr |
| — | — | ₹9.94 Cr | ₹24.07 Cr | ₹61.10 Cr | ₹20.24 Cr | |
| Capital expenditure | — | — | ₹-72.00 L | ₹-9.04 Cr | ₹-8.87 Cr | ₹-12.59 Cr |
| End cash position | — | — | ₹3.10 Cr | ₹43.50 L | ₹5.27 Cr | ₹15.59 Cr |
Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Debt issued, Debt repaid, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Mar 23–Jun 26(16Q) |
|---|---|
| Promoter | 44.79% |
| Public | 55.21% |
| Employee trusts | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.32 L Cr | ₹3,929.9 | 32.0 | 4.87 | 14.7% | 1.15 | +11.8% | +7.4% |
| Adani Ports and Special Economic Zone Limited | ₹4.14 L Cr | ₹1,807.3 | 30.6 | 4.30 | 13.3% | 0.66 | +27.1% | +25.4% |
| Hindustan Aeronautics Limited | ₹3.21 L Cr | ₹4,836 | 34.4 | 7.82 | 22.2% | 0.00 | +5.6% | +0.8% |
| Bharat Electronics Limited | ₹2.91 L Cr | ₹396.05 | 47.3 | 12.12 | 25.3% | 0.00 | +15.9% | -2.1% |
| InterGlobe Aviation Limited | ₹1.94 L Cr | ₹5,028.5 | — | 27.90 | -34.3% | 11.15 | +6.6% | -12.3% |
| ABB India Limited | ₹1.54 L Cr | ₹7,120.5 | 97.1 | 19.66 | 21.3% | 0.01 | +8.1% | +32.8% |
| Bharat Heavy Electricals Limited | ₹1.48 L Cr | ₹423.1 | 61.0 | 5.67 | 6.1% | 0.31 | +18.3% | +77.2% |
| CG Power and Industrial Solutions Limited | ₹1.41 L Cr | ₹895 | 113.1 | 17.71 | 15.1% | 0.01 | +25.1% | +15.7% |
| Hitachi Energy India Limited | ₹1.40 L Cr | ₹31,150 | 121.7 | 27.05 | 19.1% | 0.02 | +27.2% | +64.0% |
| Cummins India Limited | ₹1.38 L Cr | ₹5,010 | 58.0 | 16.23 | 27.9% | 0.00 | +16.9% | +25.1% |
| Siemens Limited | ₹1.37 L Cr | ₹3,886 | 81.4 | 10.39 | 15.9% | 0.01 | +16.2% | +19.9% |
| Race Eco Chain Limited | ₹207.05 Cr | ₹122.91 | 35.4 | 2.79 | 9.1% | 1.21 | +11.5% | -47.5% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 13
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Race Eco Chain Share Price rises 19.99%: valuation view
Race Eco Chain Ltd. shares rose 19.99% to Rs 118.47, closing at the day's high. The company's market capitalization reached Rs 168.93 crore. This significant price movement occurred without a specified company-specific catalyst.