Race Eco Chain Limited
Race Eco Chain Limited (RACE): company summary
The company's business is improving, with annual revenue rising 11.5% and net profit surging 82.2%.
Race Eco Chain Limited (RACE) is a micro-cap Utilities company valued at ₹206 crore operating in Waste Management on the NSE and BSE.
- Recent price move
- Race Eco Chain Limited last traded at ₹120, sharply down 6.55% on the day.
- Financial performance
- The company's business is improving, with annual revenue rising 11.5% and net profit surging 82.2%. The latest quarter saw revenue grow 21.9% compared to the same quarter a year earlier, while net profit jumped 145.2% to ₹1 crore.
- Valuation multiples
- The stock trades at 28.4 times earnings, a premium to the Utilities median of 18.1, 2.24 times book value.
- Things to watch
- The company is not paying dividends despite reporting profits, which may signal financial conservatism or reinvestment priorities. The stock is 52.8% below its 52-week high, indicating a significant pullback from recent peak levels.
- Where it stands
- The company has shown strong growth in both revenue and net profit over the past five years, with recent quarterly results reflecting continued improvement. The most significant movement is the sharp rise in net profit, which has grown over 145% in the latest quarter.
Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by growth (9.0), but held back by momentum (1.1). Growth looks strong at 9.0, but that is offset by momentum at 1.1 and valuation at 2.5 and quality at 2.8. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidenceAt a glance
Key highlights
- Revenue compounding 60% a year
- Profit compounding 49% a year
- Profitable in all of the last 5 years
- 100% of promoter holding is pledged
- Momentum is weak (1.1/10)
Growth
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Technicals
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News
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About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Race Eco Chain Limited peers in Utilities
Other Utilities stocks on the NSE & BSE. See the full Utilities sector list.
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