Good afternoon :)
Place Order
Add to Watchlist

Race Eco Chain Ltd

RACE

Race Eco Chain Ltd

RACE
Textiles
SmallcapWith a market cap of ₹587 cr, stock is ranked 1,620
High RiskStock is 3.52x as volatile as Nifty
357.601.24% (-4.50)
357.601.24% (-4.50)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP
Textiles
SmallcapWith a market cap of ₹587 cr, stock is ranked 1,620
High RiskStock is 3.52x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

High

Strong financials and growth story over the years

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

Textiles
SmallcapWith a market cap of ₹587 cr, stock is ranked 1,620
High RiskStock is 3.52x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
269.5528.57
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
38.248.260.51%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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 older 

Jun 2, 2023

PDF
View Older Presentations

Get more out of Tickertape, Go Pro!

Customise key metrics, see detailed forecasts, download stock data and more

Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 37.21%, vs industry avg of 5.55%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.04% to 0.17%

Loading...

Financial YearFY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023TTM
Total Revenue42.5941.8835.1755.5151.3717.2461.22158.83269.93355.06
Raw Materialssubtract39.6647.2522.7154.0535.570.000.00148.33259.89349.22
Power & Fuel Costsubtract0.090.090.090.040.060.070.090.110.26
Employee Costsubtract0.390.360.560.800.770.711.001.632.20
Selling & Administrative Expensessubtract0.160.400.440.820.880.551.511.351.60
Operating & Other expensessubtract1.26-7.3010.43-1.3013.0414.8556.275.603.04
Depreciation/Amortizationsubtract0.250.260.220.440.380.300.230.330.440.52
Interest & Other Itemssubtract0.640.690.550.620.600.730.640.420.712.35
Taxes & Other Itemssubtract0.040.040.05-0.030.02-0.020.480.150.490.79
EPS0.060.050.070.040.030.030.610.550.791.33
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2023

Annual report

PDF

Investor Presentation

Jun 2PDF
 

Peers & Comparison

Comparing 3 stocks from 
Textiles

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Race Eco Chain Ltd452.0128.57
KPR Mill Ltd33.997.380.31%
Vedant Fashions Ltd60.0017.750.83%
Swan Energy Ltd-323.755.290.01%

Price Comparison

Compare RACE with any stock or ETF
Compare RACE with any stock or ETF
RACE
Loading...

Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

High Pledged Promoter Holding

Lower pledged promoter holdings is considered better

A significant proportion of promoter holdings is pledged

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding44.79%0.00%0.00%0.03%55.18%

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Shareholding History

MarAprJunSepDec '23Mar0.00%0.00%0.00%0.00%0.00%0.03%

Insider Trades & Bulk Deals

Loading...

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

RACE has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

Hmm, looks like data is unavailable here. Please come back after some time

News & Opinions

Hmm, looks like data is unavailable here. Please come back after some time.