RACE

Race Eco Chain Ltd.

NSE: RACE

BSE: 537785

Sector: Utilities

Industry Group: Other Utilities

Industry: Waste Management

104.25-4.8 (-4.36%)

23 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

41.1 / 100

Value Score

81.3 / 100

Price Momentum Score

12.5 / 100

QVM Score

35.7 / 100

Key Metrics

Market Cap

179.90

P/E (TTM)

24.14

P/B

2.43

P/S (TTM)

0.28

EV/EBITDA

17.05

CAPE (5Y)

59.23

ROE (TTM)

9.28

ROCE (TTM)

7.85

ROA (TTM)

3.40

Avg 3Y ROE

8.28

Earnings 3Y CAGR

74.64

Sales 3Y CAGR

31.99

Sales 5Y CAGR

60.16

Debt/Equity

1.21

Consensus TP

Strong Buy %

Promoter Holding

44.79

Pledged %

100.00

Stock Analysis

Fundamental analysis overview of Race Eco Chain Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Not enough talking points with positive stance

Negative

Weak price momentum

Price Momentum score of 12.5 indicates that the stock has weak price momentum. Research has shown that stocks with lower momentum continue to underperform in the near term

What is Price Momentum score?

12.5 / 100

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Reasonably valued but PE TTM is at a premium to industry median P/E

PE TTM of 24.14 indicates that the stock is reasonably valued on a standalone basis but is at a 44.72% premium to industry median P/E

What is P/E Ratio?

Median: 16.68

Value 24.14

8.33101.84

Company's earnings are of moderate quality

Earnings quality score of 58.1 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

58.1 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Race Eco Chain Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Race Eco Chain Ltd. Shareholding Pattern

Quarterly breakdown of Race Eco Chain Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	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	Sep 2026
Total Promoter	44.85	44.85	44.85	44.85	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79
Indian Promoter	44.85	44.85	44.85	44.85	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	30.55	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79	44.79
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14.24	-	-	-	-	-	-	-	-	-	-	-
Institutions	-	-	-	3.80	3.31	3.31	3.26	1.83	1.83	1.83	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.17	0.68	0.58	0.59	0.58	1.30	1.29	1.29	0.59	0.01
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.58	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.17	0.10	0.00	0.01	0.00	0.72	0.71	0.71	0.01	0.01
Other Institutions	0.00	0.00	0.00	3.80	3.31	3.31	3.26	1.83	1.83	1.83	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.58	0.58	0.58	0.58	0.00	0.58	0.58	0.58	0.00
Non-Institution	55.15	55.15	55.15	51.35	51.90	51.90	51.95	53.38	53.38	53.38	55.21	55.21	55.21	55.21	55.20	55.21	55.18	55.04	54.52	54.63	54.62	54.63	53.90	53.92	53.92	54.62	55.20
Bodies Corporate	-	-	-	3.53	6.02	6.12	6.21	8.31	-	-	9.45	9.27	8.29	8.72	13.17	14.29	14.84	15.65	15.08	14.72	14.36	14.34	13.23	13.23	13.59	14.09	12.71
Others (incl. Retail) No. of shareholders	55.15 299	55.15 300	55.15 351	47.82 384	45.88 409	45.78 466	45.74 496	45.07 524	53.38 567	53.38 570	45.76 564	45.94 681	46.92 719	46.49 1,371	42.03 1,823	40.92 3,595	40.34 4,093	39.39 4,187	39.44 6,181	39.91 6,583	40.26 6,767	40.29 6,951	40.67 6,962	40.69 6,897	40.33 6,729	40.53 6,716	42.49 7,004

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Race Eco Chain Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Anil Kumar Behl Director	September-2025	Market Purchase (Acquisition) 30th Sep 2025	0.68 %	₹ 222.25	10.00 k	₹ 22.23 lac
Anil Kumar Behl Director	September-2025	Market Purchase (Acquisition) 27th Sep 2025	0.66 %	₹ 230.00	5.00 k	₹ 11.50 lac
Anil Kumar Behl Director	August-2025	Market Purchase (Acquisition) 19th Aug 2025	0.63 %	₹ 220.00	5.00 k	₹ 11.00 lac
Anil Kumar Behl Director	August-2025	Market Purchase (Acquisition) 19th Aug 2025	0.61 %	₹ 223.50	5.00 k	₹ 11.18 lac
PUJA MALIK Directors Immediate Relative	June-2025	Market Purchase (Acquisition) 17th Jun 2025	5.78 %	₹ 252.99	10.00 k	₹ 25.30 lac
PUJA MALIK Directors Immediate Relative	April-2025	Market Purchase (Acquisition) 2nd Apr 2025	5.72 %	₹ 249.00	10.00 k	₹ 24.90 lac
PUJA MALIK Directors Immediate Relative	March-2025	Market Purchase (Acquisition) 24th Mar 2025	5.71 %	₹ 276.15	2.98 k	₹ 8.23 lac
LALIT KUMAR MALIK Director	October-2024	Preferential Offer (Acquisition) 3rd Oct 2024	0.74 %	₹ 88.00	1.00 lac	₹ 88.00 lac
BGP-11 Analytics Pvt Ltd Promoter Group	October-2024	Preferential Offer (Acquisition) 3rd Oct 2024	0.00 %	₹ 88.00	2.20 lac	₹ 1.94 cr
ANIL KUMAR BEHL Director	October-2024	Preferential Offer (Acquisition) 3rd Oct 2024	0.24 %	₹ 88.00	75.00 k	₹ 66.00 lac

…

No corporate action data available.

Company Profile

Overview of Race Eco Chain Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Race Eco Chain Limited is an India-based company. It is engaged in the business of collection, segregation, transportation, trading, processing, composting, recycling, treatment and disposal of all types of waste and to carry on the business of collection, segregation, storage, transportation, tradi...

Key personnel

Mr. Ravi Madan

Chief Executive Officer

Mr. Sujeet Thakur

Chief Financial Officer

Ms. Shiwati Gandhi

Compliance Officer, Company Secretary

Mr. Sunil Kumar MalikD

Executive Chairman of the Board, Managing Director

Mr. Anil Kumar BhelD

Non-Executive Non-Independent Director

Mr. Lalit Kumar MalikD

Additional Non-Executive Director

Mr. Pranav VasanD

Non-Executive Director

Mr. Sanjay KukrejaD

Non-Executive Independent Director

View all

Incorporated on

22 Nov 1999

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

18 Mar 2014

Free Float

65,39,009

Website

https://www.anishaimpex.com/

Phone no.

+919821002515

Address

56/33, Site-4, Sahibabad Industrial Area, GHAZIABAD, 201010, India

Frequently Asked Questions

What is the current share price of Race Eco Chain Ltd.?

The current share price of Race Eco Chain Ltd. is ₹ 104.25 as of 23 Oct 2026.

What is the market capitalisation of Race Eco Chain Ltd.?

The market capitalisation of Race Eco Chain Ltd. stands at ₹ 179.90 Cr.

What is the PE ratio of Race Eco Chain Ltd.?

The Price-to-Earnings (PE) ratio of Race Eco Chain Ltd. is 24.14 as of the latest trailing twelve months data.

What is the ROE and ROCE of Race Eco Chain Ltd.?

Race Eco Chain Ltd. has a Return on Equity (ROE) of 9.28% and a Return on Capital Employed (ROCE) of 7.85% as per the latest financial reports.

What is the 52-week high and low of Race Eco Chain Ltd.?

The 52-week high of Race Eco Chain Ltd. is - and the 52-week low is -.

What is the dividend yield of Race Eco Chain Ltd.?

The dividend yield of Race Eco Chain Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Race Eco Chain Ltd.?

Foreign Institutional Investors (FII) hold 0.01%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 42.49% of Race Eco Chain Ltd. shares.

What sector does Race Eco Chain Ltd. belong to?

Race Eco Chain Ltd. operates in the Utilities sector.

What is the beta of Race Eco Chain Ltd.?

The beta of Race Eco Chain Ltd. is 1.45, indicating its price volatility relative to the broader market. Over the past 1 year, Race Eco Chain Ltd. has delivered an absolute return of -52.85%.

What is the RSI of Race Eco Chain Ltd.?

The 14-day Relative Strength Index (RSI) of Race Eco Chain Ltd. is 45.45, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.