RACE Stock Overview
Engages in the collection and supplying of recyclable waste to recyclers who convert the waste into useful products in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Race Eco Chain Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹319.55 |
| 52 Week High | ₹460.00 |
| 52 Week Low | ₹298.10 |
| Beta | 0.49 |
| 1 Month Change | -7.66% |
| 3 Month Change | -16.33% |
| 1 Year Change | -12.03% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 27.85% |
Recent News & Updates
Recent updates
Here's Why We Think Race Eco Chain (NSE:RACE) Might Deserve Your Attention Today
Jan 01
Do Race Eco Chain's (NSE:RACE) Earnings Warrant Your Attention?
May 22Race Eco Chain Limited (NSE:RACE) Stock Rockets 29% But Many Are Still Ignoring The Company
Dec 18Investors Aren't Entirely Convinced By Race Eco Chain Limited's (NSE:RACE) Revenues
Nov 03Shareholder Returns
| RACE | IN Commercial Services | IN Market | |
|---|---|---|---|
| 7D | -4.1% | 2.5% | 1.6% |
| 1Y | -12.0% | -3.9% | 5.5% |
Return vs Industry: RACE underperformed the Indian Commercial Services industry which returned -3.9% over the past year.
Return vs Market: RACE underperformed the Indian Market which returned 5.5% over the past year.
Price Volatility
| RACE volatility | |
|---|---|
| RACE Average Weekly Movement | 5.2% |
| Commercial Services Industry Average Movement | 6.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 4.3% |
Stable Share Price: RACE has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: RACE's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 45 | Ravi Madan | www.raceecochain.com |
Race Eco Chain Limited engages in the collection and supplying of recyclable waste to recyclers who convert the waste into useful products in India. It is involved in the manufacturing of biomass briquettes, such as mustard, sawdust, and groundnut briquettes; and recycled products. The company was formerly known as Anisha Impex Limited and changed its name to Race Eco Chain Limited in January 2021.
Race Eco Chain Limited Fundamentals Summary
| RACE fundamental statistics | |
|---|---|
| Market cap | ₹5.51b |
| Earnings (TTM) | ₹45.63m |
| Revenue (TTM) | ₹3.51b |
120.9x
P/E Ratio1.6x
P/S RatioIs RACE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RACE income statement (TTM) | |
|---|---|
| Revenue | ₹3.51b |
| Cost of Revenue | ₹3.40b |
| Gross Profit | ₹106.24m |
| Other Expenses | ₹60.61m |
| Earnings | ₹45.63m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 11, 2025
| Earnings per share (EPS) | 2.64 |
| Gross Margin | 3.03% |
| Net Profit Margin | 1.30% |
| Debt/Equity Ratio | 29.6% |
How did RACE perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 15:04 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Race Eco Chain Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.