Race Eco Chain Ltd
RACERace Eco Chain Ltd
RACE


Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
HighStrong financials and growth story over the years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
BadThe stock is in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
408.70 | 31.79 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
-15.48 | 0.41 | 0.09% |
Forecast & Ratings
Detailed ForecastPrice
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Race Eco Chain Limited is an India-based company. The Company is mainly engaged in the business of collection, segregation, transportation, trading, processing, composting, recycling, treatment and disposal of all types of waste material and recyclable products. The Company's segments include Mis Old Economy Products, Recycle Division, Restore Division and IT Division. It channelizes plastic waste to create downstream recycled products for consumer connect through its brand RESTORE. It offers various products, such as bags, which include tote bags, packaging bags, accessories dust bags, spill kit bags, laundry bags and sheet set bags; duvet covers; carriers; and curtains. Its network serves customers in various locations to access waste and recyclers across the country. The Company is involved in aggregation of plastic waste and production of recycled products. The Company also has built an artificial intelligence-enabled application to connect the recyclers with the sellers.
Investor Presentation
View olderPeers
Compare with peersVedant Fashions Ltd
KPR Mill Ltd
Trident Ltd
Welspun India Ltd
Swan Energy Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 42.59 | 41.88 | 35.17 | 55.51 | 51.37 | 17.24 | 61.22 | 158.83 | 269.93 | 282.19 | ||||||||||
Raw Materials | 39.66 | 47.25 | 22.71 | 54.05 | 35.57 | 0.00 | 0.00 | 148.33 | 259.89 | 277.83 | ||||||||||
Power & Fuel Cost | 0.09 | 0.09 | 0.09 | 0.04 | 0.06 | 0.07 | 0.09 | 0.11 | 0.26 | |||||||||||
Employee Cost | 0.39 | 0.36 | 0.56 | 0.80 | 0.77 | 0.71 | 1.00 | 1.63 | 2.20 | |||||||||||
Selling & Administrative Expenses | 0.16 | 0.40 | 0.44 | 0.82 | 0.88 | 0.55 | 1.51 | 1.35 | 1.60 | |||||||||||
Operating & Other expenses | 1.26 | -7.30 | 10.43 | -1.30 | 13.04 | 14.85 | 56.27 | 5.60 | 3.04 | |||||||||||
EBITDA | 1.03 | 1.08 | 0.94 | 1.10 | 1.05 | 1.06 | 2.35 | 1.81 | 2.94 | 4.36 | ||||||||||
Depreciation/Amortization | 0.25 | 0.26 | 0.22 | 0.44 | 0.38 | 0.30 | 0.23 | 0.33 | 0.44 | 0.46 | ||||||||||
PBIT | 0.78 | 0.82 | 0.72 | 0.66 | 0.67 | 0.76 | 2.12 | 1.48 | 2.50 | 3.90 | ||||||||||
Interest & Other Items | 0.64 | 0.69 | 0.55 | 0.62 | 0.60 | 0.73 | 0.64 | 0.42 | 0.71 | 1.65 | ||||||||||
PBT | 0.14 | 0.13 | 0.17 | 0.04 | 0.07 | 0.03 | 1.48 | 1.06 | 1.79 | 2.25 | ||||||||||
Taxes & Other Items | 0.04 | 0.04 | 0.05 | -0.03 | 0.02 | -0.02 | 0.48 | 0.15 | 0.49 | 0.65 | ||||||||||
Net Income | 0.10 | 0.09 | 0.12 | 0.07 | 0.05 | 0.05 | 1.00 | 0.91 | 1.30 | 1.60 | ||||||||||
EPS | 0.06 | 0.05 | 0.07 | 0.04 | 0.03 | 0.03 | 0.61 | 0.55 | 0.79 | 0.97 | ||||||||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
Textiles
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Race Eco Chain Ltd | 503.01 | 31.79 | — |
Vedant Fashions Ltd | 82.48 | 25.28 | 0.62% |
KPR Mill Ltd | 35.11 | 7.71 | 0.26% |
Trident Ltd | 41.27 | 4.34 | 1.01% |
Price Comparison
Compare RACE with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2023
Apr 2023
Jun 2023
Sep 2023
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
RACE has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 37.21%, vs industry avg of 5.61%
Increasing Market Share
Over the last 5 years, market share increased from 0.04% to 0.17%