Good morning :)
Place Order
Add to Watchlist

Race Eco Chain Ltd

RACE

Race Eco Chain Ltd

RACE
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹659 cr, stock is ranked 1,690
Moderate RiskStock is 2.59x as volatile as Nifty
381.900.17% (-0.65)
381.900.17% (-0.65)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹659 cr, stock is ranked 1,690
Moderate RiskStock is 2.59x 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

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹659 cr, stock is ranked 1,690
Moderate RiskStock is 2.59x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
732.2829.63
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
38.626.720.49%

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.

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

Loading...

Financial YearFY 2023FY 2024TTM
Total Revenue269.93348.18324.14
Raw Materialssubtract259.89334.66318.11
Power & Fuel Costsubtract0.260.30
Employee Costsubtract2.201.96
Selling & Administrative Expensessubtract1.711.74
Operating & Other expensessubtract2.943.05
Depreciation/Amortizationsubtract0.440.800.98
Interest & Other Itemssubtract0.712.943.31
Taxes & Other Itemssubtract0.481.180.84
EPS0.790.940.55
DPS0.000.000.00
Payout ratio0.000.000.00

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 
Consumer DiscretionaryTextiles

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Race Eco Chain Ltd425.2029.63
Vedant Fashions Ltd82.1421.240.61%
KPR Mill Ltd39.597.320.54%
Aditya Birla Real Estate Ltd609.177.520.18%

Price Comparison

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

Shareholdings

Promoter Holdings Trend

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

No institutional holdings trend are available

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding44.79%0.00%0.58%0.07%54.56%

Mar 2024

Jun 2024

Sep 2024

Oct 2024

Shareholding History

SepDec '23MarJunSepOct0.00%0.00%0.03%0.17%0.10%0.07%

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
Corporate
Race Eco Chain to table results

Race Eco Chain will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

3 days agoCapital Market - Live
Earnings
Race Eco Chain consolidated net profit declines 87.91% in the June 2024 quarter

Net profit of Race Eco Chain declined 87.91% to Rs 0.11 crore in the quarter ended June 2024 as against Rs 0.91 crore during the previous quarter ended June 2023. Sales declined 21.94% to Rs 86.44 crore in the quarter ended June 2024 as against Rs 110.74 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales86.44110.74 -22 OPM %1.621.74 - PBDT0.621.41 -56 PBT0.311.29 -76 NP0.110.91 -88 Powered by Capital Market - Live

2 months agoCapital Market - Live