Race Eco Chain, 537785, RACE Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

670.96
651.42
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

707.61
N/A
13.07

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

23.19
84.51
29.13

EBITDA CAGR (%)

10 Years
5 Years
3 Years

27.17
-
98.38

PAT CAGR (%)

10 Years
5 Years
3 Years

33.10
108.34
19.50

P:E (Median)

8 Years
5 Years
3 Years

458.81
458.81
458.81

P:BV (Average)

8 Years
5 Years
3 Years

20.74
20.74
20.74

EV:EBITDA (Average)

8 Years
5 Years
3 Years

91.21
91.21
91.21

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 24 Jun 23 Var% Mar 24 Mar 23 Var% Dec 23 Dec 22 Var% Sep 23 Sep 22 Var%
Net Sales 86.17 110.74 -22.19% 79.47 92.32 -13.92% 69.40 84.81 -18.17% 78.89 49.18 60.41%
Expenses 84.75 108.81 -22.11% 78.44 91.48 -14.25% 68.10 84.20 -19.12% 77.61 48.84 58.91%
EBITDA 1.42 1.93 -26.42% 1.03 0.84 22.62% 1.30 0.60 116.67% 1.27 0.34 273.53%
EBIDTM 1.65% 1.75% 1.29% 0.91% 1.87% 0.71% 1.61% 0.68%
Other Income 0.15 0.03 400.00% 0.44 0.19 131.58% 0.14 0.15 -6.67% 0.06 0.30 -80.00%
Interest 0.84 0.55 52.73% 0.75 0.26 188.46% 0.77 0.12 541.67% 0.77 0.19 305.26%
Depreciation 0.16 0.12 33.33% 0.27 0.13 107.69% 0.14 0.11 27.27% 0.13 0.10 30.00%
PBT 0.57 1.29 -55.81% 0.45 0.64 -29.69% 0.53 0.52 1.92% 0.43 0.35 22.86%
Tax 0.21 0.38 -44.74% 0.21 0.20 5.00% 0.08 0.15 -46.67% 0.13 0.07 85.71%
PAT 0.36 0.91 -60.44% 0.24 0.44 -45.45% 0.45 0.36 25.00% 0.30 0.28 7.14%
PATM 0.42% 0.82% 0.30% 0.48% 0.65% 0.43% 0.38% 0.57%
EPS 0.21 0.52 -59.62% 0.14 0.26 -46.15% 0.26 0.21 23.81% 0.17 0.16 6.25%

Description Jun 24 Jun 23 Var% Mar 24 Mar 23 Var% Dec 23 Dec 22 Var% Sep 23 Sep 22 Var%
Net Sales 86.44 110.74 -21.94% 85.17 92.32 -7.74% 72.68 84.81 -14.30% 78.89 49.18 60.41%
Expenses 85.05 108.81 -21.84% 84.13 91.48 -8.03% 71.21 84.20 -15.43% 77.72 48.84 59.13%
EBITDA 1.40 1.93 -27.46% 1.04 0.84 23.81% 1.48 0.60 146.67% 1.17 0.34 244.12%
EBIDTM 1.62% 1.75% 1.22% 0.91% 2.03% 0.71% 1.48% 0.68%
Other Income 0.15 0.03 400.00% 0.61 0.19 221.05% 0.15 0.15 0.00% 0.06 0.30 -80.00%
Interest 0.93 0.55 69.09% 0.84 0.26 223.08% 0.77 0.12 541.67% 0.77 0.19 305.26%
Depreciation 0.30 0.12 150.00% 0.41 0.13 215.38% 0.14 0.11 27.27% 0.13 0.10 30.00%
PBT 0.32 1.29 -75.19% 0.40 0.64 -37.50% 0.72 0.52 38.46% 0.32 0.35 -8.57%
Tax 0.21 0.38 -44.74% 0.28 0.20 40.00% 0.13 0.15 -13.33% 0.11 0.07 57.14%
PAT 0.10 0.91 -89.01% 0.12 0.44 -72.73% 0.59 0.36 63.89% 0.22 0.28 -21.43%
PATM 0.12% 0.82% 0.14% 0.48% 0.81% 0.43% 0.28% 0.57%
EPS 0.06 0.55 -89.09% 0.07 0.27 -74.07% 0.36 0.22 63.64% 0.13 0.17 -23.53%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Description TTM Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Net Sales 313.93 338.50 269.08 157.21 58.72 15.83 50.19 55.24 35.09 41.81 42.06 Net Sales Growth -6.86% 25.80% 71.16% 167.73% 270.94% -68.46% -9.14% 57.42% -16.07% -0.59% Cost Of Goods Sold 302.33 326.44 260.81 152.47 55.47 14.79 48.26 52.68 33.14 39.90 40.61 Gross Profit 11.60 12.06 8.27 4.74 3.25 1.04 1.93 2.57 1.95 1.91 1.45 GP Margin 3.70% 3.56% 3.07% 3.02% 5.53% 6.57% 3.85% 4.65% 5.56% 4.57% 3.45% Total Expenditure 308.90 332.97 267.00 157.03 58.88 16.19 50.35 54.41 34.24 40.80 41.56 Power & Fuel Cost - 0.30 0.26 0.11 0.09 0.07 0.06 0.04 0.09 0.09 0.09 % Of Sales - 0.09% 0.10% 0.07% 0.15% 0.44% 0.12% 0.07% 0.26% 0.22% 0.21% Employee Cost - 1.96 2.20 1.63 1.00 0.71 0.77 0.80 0.56 0.36 0.39 % Of Sales - 0.58% 0.82% 1.04% 1.70% 4.49% 1.53% 1.45% 1.60% 0.86% 0.93% Manufacturing Exp. - 2.37 1.95 1.11 0.02 0.00 0.00 0.00 0.04 0.04 0.10 % Of Sales - 0.70% 0.72% 0.71% 0.03% 0% 0% 0% 0.11% 0.10% 0.24% General & Admin Exp. - 1.52 1.57 1.06 0.64 0.55 0.69 0.55 0.34 0.26 0.38 % Of Sales - 0.45% 0.58% 0.67% 1.09% 3.47% 1.37% 1.00% 0.97% 0.62% 0.90% Selling & Distn. Exp. - 0.13 0.10 0.36 0.90 0.03 0.28 0.34 0.07 0.10 0.00 % Of Sales - 0.04% 0.04% 0.23% 1.53% 0.19% 0.56% 0.62% 0.20% 0.24% 0% Miscellaneous Exp. - 0.25 0.11 0.27 0.76 0.04 0.29 0.00 0.00 0.05 0.00 % Of Sales - 0.07% 0.04% 0.17% 1.29% 0.25% 0.58% 0% 0% 0.12% 0% EBITDA 5.02 5.53 2.08 0.18 -0.16 -0.36 -0.16 0.83 0.85 1.01 0.50 EBITDA Margin 1.60% 1.63% 0.77% 0.11% -0.27% -2.27% -0.32% 1.50% 2.42% 2.42% 1.19% Other Income 0.79 0.67 0.85 1.62 2.50 1.41 1.18 0.27 0.08 0.07 0.53 Interest 3.13 2.84 0.71 0.42 0.63 0.73 0.57 0.62 0.54 0.69 0.64 Depreciation 0.70 0.66 0.44 0.33 0.23 0.30 0.38 0.44 0.22 0.26 0.25 PBT 1.98 2.70 1.79 1.06 1.47 0.02 0.07 0.05 0.17 0.13 0.13 Tax 0.63 1.13 0.48 0.14 0.48 -0.02 0.02 -0.03 0.05 0.04 0.04 Tax Rate 31.82% 41.85% 26.82% 13.21% 32.65% -100.00% 28.57% -60.00% 29.41% 30.77% 30.77% PAT 1.35 1.57 1.30 0.92 1.00 0.04 0.05 0.08 0.12 0.09 0.09 PAT before Minority Interest 1.35 1.57 1.30 0.92 1.00 0.04 0.05 0.08 0.12 0.09 0.09 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 0.43% 0.46% 0.48% 0.59% 1.70% 0.25% 0.10% 0.14% 0.34% 0.22% 0.21% PAT Growth -32.16% 20.77% 41.30% -8.00% 2,400.00% -20.00% -37.50% -33.33% 33.33% 0.00% EPS 0.78 0.91 0.75 0.53 0.58 0.02 0.03 0.05 0.07 0.05 0.05

Description TTM Mar 24 Mar 23
Net Sales 323.18 347.48 269.08 Net Sales Growth -4.12% 29.14% Cost Of Goods Sold 311.05 334.89 260.81 Gross Profit 12.13 12.59 8.27 GP Margin 3.75% 3.62% 3.07% Total Expenditure 318.11 341.71 267.00 Power & Fuel Cost - 0.30 0.26 % Of Sales - 0.09% 0.10% Employee Cost - 1.96 2.20 % Of Sales - 0.56% 0.82% Manufacturing Exp. - 2.38 1.95 % Of Sales - 0.68% 0.72% General & Admin Exp. - 1.57 1.57 % Of Sales - 0.45% 0.58% Selling & Distn. Exp. - 0.25 0.10 % Of Sales - 0.07% 0.04% Miscellaneous Exp. - 0.36 0.11 % Of Sales - 0.10% 0.04% EBITDA 5.09 5.77 2.08 EBITDA Margin 1.57% 1.66% 0.77% Other Income 0.97 0.70 0.85 Interest 3.31 2.94 0.71 Depreciation 0.98 0.80 0.44 PBT 1.76 2.73 1.79 Tax 0.73 1.18 0.48 Tax Rate 41.48% 43.22% 26.82% PAT 1.03 1.55 1.30 PAT before Minority Interest 1.03 1.55 1.30 Minority Interest 0.00 0.00 0.00 PAT Margin 0.32% 0.45% 0.48% PAT Growth -48.24% 19.23% EPS 0.60 0.90 0.75

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Shareholder's Funds 22.23 20.57 19.27 18.11 17.12 17.08 17.03 16.95 16.83 16.73 Share Capital 16.43 16.43 16.43 16.43 16.43 16.43 16.43 16.43 16.43 16.43 Total Reserves 5.80 4.14 2.83 1.68 0.69 0.65 0.60 0.52 0.39 0.30 Non-Current Liabilities 0.14 0.10 0.09 0.20 0.21 0.19 0.24 0.09 0.09 0.10 Secured Loans 0.00 0.20 0.00 0.05 0.05 0.09 0.14 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 0.10 0.15 0.10 0.28 0.28 0.16 0.11 0.00 0.00 0.00 Current Liabilities 50.91 28.26 14.11 13.73 9.44 17.91 21.41 7.05 14.08 7.46 Trade Payables 12.87 11.72 7.51 5.27 1.06 9.43 13.24 0.38 9.61 1.54 Other Current Liabilities 0.32 0.59 1.54 1.23 1.59 1.61 3.87 1.05 0.10 0.17 Short Term Borrowings 36.84 15.24 4.87 6.62 6.69 6.80 4.24 5.57 4.32 5.71 Short Term Provisions 0.88 0.72 0.19 0.61 0.10 0.07 0.07 0.05 0.04 0.04 Total Liabilities 73.28 48.93 33.47 32.04 26.77 35.18 38.68 24.09 31.00 24.29 Net Block 2.79 2.91 2.64 1.07 1.61 1.77 2.08 2.44 2.12 2.52 Gross Block 6.02 5.21 4.50 2.60 3.87 1.77 3.66 3.58 3.05 3.27 Accumulated Depreciation 3.23 2.30 1.86 1.53 2.25 0.00 1.58 1.15 0.93 0.74 Non Current Assets 8.26 3.03 3.30 1.19 10.42 11.95 7.89 2.48 2.19 2.71 Capital Work in Progress 0.00 0.00 0.00 0.10 0.00 0.04 0.00 0.00 0.00 0.00 Non Current Investment 5.20 0.00 0.00 0.00 0.15 0.15 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 0.11 0.11 0.04 0.01 8.66 9.98 5.81 0.04 0.06 0.19 Other Non Current Assets 0.16 0.01 0.62 0.01 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 65.02 45.90 30.17 30.87 16.35 23.23 30.79 21.61 28.80 21.57 Current Investments 0.00 0.00 0.00 0.00 5.40 4.19 0.26 0.18 0.18 0.18 Inventories 0.83 0.62 0.29 4.44 3.79 6.75 10.43 0.52 10.90 3.55 Sundry Debtors 53.22 36.65 17.21 14.57 6.31 9.90 15.42 18.47 15.90 9.38 Cash & Bank 0.40 3.10 1.10 4.13 0.18 0.32 0.14 0.05 0.01 0.01 Other Current Assets 10.56 0.03 0.32 1.15 0.66 2.07 4.54 2.39 1.82 8.45 Short Term Loans & Adv. 10.54 5.52 11.25 6.58 0.55 1.99 4.12 2.32 0.00 0.00 Net Current Assets 14.11 17.65 16.06 17.13 6.91 5.33 9.38 14.56 14.73 14.11 Total Assets 73.28 48.93 33.47 32.06 26.77 35.18 38.68 24.09 30.99 24.28

Description Mar 24 Mar 23
Shareholder's Funds 22.21 20.57 Share Capital 16.43 16.43 Total Reserves 5.78 4.14 Non-Current Liabilities 5.36 0.10 Secured Loans 0.00 0.20 Unsecured Loans 0.00 0.00 Long Term Provisions 0.10 0.15 Current Liabilities 55.36 28.26 Trade Payables 16.76 11.72 Other Current Liabilities 0.57 0.59 Short Term Borrowings 37.08 15.24 Short Term Provisions 0.95 0.72 Total Liabilities 82.96 48.93 Net Block 8.22 2.91 Gross Block 11.59 5.21 Accumulated Depreciation 3.37 2.30 Non Current Assets 12.62 3.03 Capital Work in Progress 2.63 0.00 Non Current Investment 1.41 0.00 Long Term Loans & Adv. 0.20 0.11 Other Non Current Assets 0.16 0.01 Current Assets 70.34 45.90 Current Investments 0.00 0.00 Inventories 0.96 0.62 Sundry Debtors 55.11 36.65 Cash & Bank 0.44 3.10 Other Current Assets 13.84 0.03 Short Term Loans & Adv. 13.82 5.52 Net Current Assets 14.98 17.65 Total Assets 82.96 48.93

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Cash From Operating Activity -10.09 -14.59 4.86 -5.10 -3.99 6.58 7.61 -0.16 1.81 -8.08 PBT 2.70 1.79 1.06 1.47 0.04 0.05 0.08 0.12 0.13 0.13 Adjustment 3.11 1.19 -0.42 -0.37 -3.74 0.87 0.88 0.76 0.96 0.44 Changes in Working Capital -15.90 -17.57 4.81 -6.20 -0.29 5.73 6.62 -1.04 0.77 -8.64 Cash after chg. in Working capital -10.09 -14.59 5.45 -5.10 -3.99 6.65 7.59 -0.16 1.86 -8.06 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid 0.00 0.00 -0.59 0.00 0.00 -0.06 0.02 0.00 -0.04 -0.02 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -11.10 6.65 -5.76 9.76 4.73 -8.34 -5.86 -0.51 0.25 6.63 Net Fixed Assets -0.81 -0.71 -1.80 1.17 -2.06 1.85 -0.08 -0.53 0.22 -0.25 Net Investments -5.20 0.00 0.00 5.55 -1.21 -4.08 -0.08 0.00 0.00 0.00 Others -5.09 7.36 -3.96 3.04 8.00 -6.11 -5.70 0.02 0.03 6.88 Cash from Financing Activity 18.49 9.94 -1.99 -0.71 -0.87 1.94 -1.66 0.71 -2.07 1.44 Net Cash Inflow / Outflow -2.69 2.00 -2.88 3.95 -0.14 0.18 0.09 0.05 0.00 -0.01 Opening Cash & Equivalents 3.10 1.10 4.12 0.18 0.32 0.14 0.05 0.01 0.01 0.02 Closing Cash & Equivalent 0.40 3.10 1.24 4.14 0.18 0.32 0.14 0.05 0.01 0.01

Description Mar 24 Mar 23
Cash From Operating Activity -8.53 -14.59 PBT 2.73 1.79 Adjustment 3.32 1.19 Changes in Working Capital -14.58 -17.57 Cash after chg. in Working capital -8.53 -14.59 Interest Paid 0.00 0.00 Tax Paid 0.00 0.00 Other Direct Exp. Paid 0.00 0.00 Extra & Other Items 0.00 0.00 Cash From Investing Activity -18.21 6.65 Net Fixed Assets -0.81 Net Investments -5.20 Others -12.20 Cash from Financing Activity 24.07 9.94 Net Cash Inflow / Outflow -2.66 2.00 Opening Cash & Equivalents 3.10 1.10 Closing Cash & Equivalent 0.44 3.10

Financial Ratios

Standalone /

Consolidated

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Book Value (Rs.) 13.53 12.52 11.72 11.02 10.42 10.40 10.36 10.32 10.24 10.18 ROA 2.56% 3.17% 2.80% 3.39% 0.12% 0.14% 0.26% 0.45% 0.32% 0.36% ROE 7.32% 6.55% 4.91% 5.66% 0.22% 0.30% 0.47% 0.73% 0.54% 0.54% ROCE 11.64% 8.29% 6.04% 8.66% 3.10% 2.82% 3.04% 3.27% 3.72% 3.62% Fixed Asset Turnover 60.28 55.44 44.31 18.17 5.62 18.50 15.27 10.58 13.23 13.38 Receivable days 48.45 36.53 36.90 64.91 186.99 92.10 111.99 178.76 110.37 88.01 Inventory Days 0.78 0.62 5.49 25.57 121.48 62.44 36.16 59.38 63.07 34.92 Payable days 13.75 13.45 15.29 20.81 147.62 89.39 38.62 76.35 42.16 33.16 Cash Conversion Cycle 35.49 23.69 27.09 69.66 160.84 65.15 109.52 161.79 131.27 89.76 Total Debt/Equity 1.66 0.75 0.25 0.37 0.40 0.41 0.27 0.33 0.26 0.34 Interest Cover 1.95 3.53 3.55 3.32 1.02 1.12 1.08 1.32 1.18 1.21

Description Mar 24 Mar 23
Book Value (Rs.) 13.52 12.52 ROA 2.35% 2.67% ROE 7.23% 6.34% ROCE 11.88% 6.92% Fixed Asset Turnover 41.38 51.68 Receivable days 48.19 49.71 Inventory Days 0.83 0.83 Payable days 15.52 16.40 Cash Conversion Cycle 33.50 34.15 Total Debt/Equity 1.67 0.75 Interest Cover 1.93 3.53

Top Investors:

puja malik

ganesha ecosphere limited

ashika global finance pvt ltd

runit exim pvt ltd

share india securities ltd

rohan agarwal

svp housing ltd

share india algoplus pvt ltd

Annual Reports:

News Update:

Race Eco Chain incorporates Joint Venture Company
12th Sep 2024, 09:30 AM

Further, pursuant to the above Incorporation, ‘Ganesha Recycling Chain’ will become a Subsidiary of the Company
Read More
Race Eco Chain gets nod to incorporate Joint Venture Company
5th Sep 2024, 09:38 AM

The Board of Directors of the company has, at its meeting held on September 4, 2024, approved the same
Read More
Race Eco Chain - Quarterly Results
13th Aug 2024, 16:55 PM

Read More

Race Eco Chain Ltd.

Trading

BSE: 537785 | NSE: RACE

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update:

Race Eco Chain Ltd.

Trading

BSE: 537785 | NSE: RACE

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update: