RACE · Race Eco Chain Ltd · Textiles - Non Apparel
RACE · Race Eco Chain Ltd · Textiles - Non Apparel
As of 06 Nov close
52-week range
52.8% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹191 Cr
Revenue YoY
PAT YoY
+214.3%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
2.2
P/S (TTM)
0.3
Sector P/E
Not available from data source
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| RACE (this stock) | 24.3 | 2.2 | +1.1% | +10.1% | 1.21 | 0.0% |
| Arvind | 37.1 | 3.9 | +4.2% | +10.2% | 0.41 | +0.8% |
| Trident | 33.5 | 2.5 | +5.8% | +8.3% | 0.38 | +2.1% |
| Garware Technical Fibres | 35.8 | 5.6 | +13.9% | +16.4% | 1.51 | +1.1% |
Promoter
stable
FII
falling 1q
MF
0.58%
stable
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 10 Jun 2026 | Sushant Behl | BUY | 14,500 | ₹15.95 lakh |
| 10 Jun 2026 | Manasvi Behl | BUY | 12,000 | ₹13.2 lakh |
| 10 Jun 2026 | Sushant Behl | BUY | 14,500 | ₹15.95 lakh |
| 10 Jun 2026 | Manasvi Behl | BUY | 12,000 | ₹13.2 lakh |
Bulk/block deals
| date | canonicalSymbol | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| 2026-09-22 | RACE | 378000 | 2 | WEAK | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedRACE Eco Chain Limited (RACE) reported a significant increase in Profit After Tax (PAT) by 170% to ₹4.19 crore in FY25 compared to ₹1.55 crore in FY24, alongside a 68% growth in Operating Profit (EBITDA) to ₹9.70 crore. The company is undergoing a strategic demerger to split its business into three distinct entities to enhance operational focus and capital allocation. RACE is expanding its recycling efforts through joint ventures and acquisitions, including a strategic joint venture with Ganesha Ecosphere to establish multiple PET flakes washing lines. The company is also navigating challenges in its Biofuel division, which faced revenue decline and procurement disruptions, though management has initiated restructuring efforts. RACE is committed to ESG compliance, with a voluntary adoption of SEBI's BRSR framework and an ESG score of 58 out of 100.
- Profit After Tax (PAT) increased by 170% to ₹4.19 crore in FY25.
- Strategic demerger proposed to split into three distinct entities for better focus and capital allocation.
- Biofuel division faced revenue decline and procurement disruptions, with management initiating restructuring.
- Joint venture with Ganesha Ecosphere to expand PET flakes washing lines.
- ESG score of 58 out of 100, with voluntary adoption of SEBI's BRSR framework.
Key takeaway: RACE Eco Chain Limited demonstrated strong financial growth in FY25 with a significant increase in PAT and EBITDA, while pursuing strategic demerger and expansion through joint ventures, though its Biofuel division faces operational challenges requiring restructuring.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (2 items); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceEarlier (1-3 years ago)
The Secretarial Auditor observed that the company delayed disclosure of acquiring 37,50,000 shares of Abhay Innovative Recycling Limited to the stock exchange, which was addressed by the company as a human error.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company was fined Rs. 47200/- by BSE for delaying submission of financial results for the quarter and financial year ended 31 March 2025, as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The penalty was paid on 27-06-2025.
Earlier (1-3 years ago)
SEBI imposed a fine of Rs.2360 (including GST) on the listed entity for non-compliance with Regulation 13(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.
Default / Covenant Breach
1 occurrenceEarlier (1-3 years ago)
The company has granted loans repayable on demand or without specified repayment terms, totaling Rs. 853.99 lacs, to related parties as defined under the Companies Act, 2013.
Routine disclosures
Internal Control Weakness
1 occurrenceEarlier (1-3 years ago)
The company's internal financial controls over financial reporting may have limitations, including the possibility of collusion or management override, and the auditor is unable to comment on the audit trail requirements of the accounting software used.
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has pending litigation with Income Tax Authorities, and the possible impact has been disclosed in Standalone Financial Statements.
Earlier (1-3 years ago)
The company has outstanding demands of Rs. 14.44 lacs for Assessment Year 2024-25, Rs. 0.91 lacs for 2021-22, and Rs. 0.49 lacs for another year related to income tax matters.
The company has pending litigation with Income Tax Authorities, the possible impact of which has been disclosed in financial statements.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company has disclosed transactions with related parties, including loans taken and repaid between key management personnel and entities in which they have control or significant influence, such as Vista Furnishing Ltd., Securocrop Securities India Pvt Ltd, and others.
Earlier (1-3 years ago)
The company approved Material Related Party Transactions with M/s. Ganesha Recycling Chain Pvt Ltd and M/s. Silverline Eco Thrive Limited (subsidiaries) during the Financial Year 2025-26, beyond the materiality threshold under SEBI Listing Regulations.
Management & Board Governance
2 occurrencesEarlier (1-3 years ago)
Rama Nand Gupta resigned on 05th June, 2024, and Raj Kumar Modani resigned on 28th May, 2024, both as Directors.
Anshu Agarwal, the Chief Financial Officer, resigned on 12th August, 2023. Piyanshu Sharma was appointed as CFO on 12th August, 2023.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
4.75% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18). Change vs the previous disclosure: decreasing.