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Race Eco

  • Market Cap: Micro Cap
  • Industry: Trading
  • ISIN: INE084Q01012
  • NSEID: RACE
  • BSEID: 537785
INR
243.00
9.95 (4.27%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 14.85 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

240.00245.00

52 Week

232.00457.25
Valuation
Technical
Day's Volume

CASH

14.85 k (35.12%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.58%

Held by 0 DIIs

Promoter

44.79%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor Management Efficiency with a low ROCE of 6.85%

  • The company has been able to generate a Return on Capital Employed (avg) of 6.85% signifying low profitability per unit of total capital (equity and debt)
2

Company has a low Debt to Equity ratio (avg) at 0 times

 
3

Healthy long term growth as Net Sales has grown by an annual rate of 46.50% and Operating profit at 45.00%

 
4

With a growth in Net Profit of 261.22%, the company declared Outstanding results in Dec 24

5

Stock is technically in a Mildly Bearish range

6

With ROE of 6.5, it has a Very Expensive valuation with a 5.7 Price to Book Value

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Trading

stock-summary
Market cap

INR 419 Cr (Micro Cap)

stock-summary
P/E

71.00

stock-summary
Industry P/E

22

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.00

stock-summary
Return on Equity

0.00%

stock-summary
Price to Book

5.69

Revenue and Profits (1 Year):
Net Sales:
168 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-36.14%
0%
-36.14%
1 Year
-25.98%
0%
-25.98%
2 Years
33.88%
0%
33.88%
3 Years
36.52%
0%
36.52%
4 Years
-6.18%
0%
-6.18%
5 Years
428.84%
0%
428.84%

Race Eco for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
46.50%
EBIT Growth (5y)
45.00%
EBIT to Interest (avg)
1.93
Debt to EBITDA (avg)
8.68
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
4.77
Tax Ratio
26.13%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.58%
ROCE (avg)
6.20%
ROE (avg)
6.52%
Valuation key factors
Factor
Value
P/E Ratio
71
Industry P/E
22
Price to Book Value
5.69
EV to EBIT
65.70
EV to EBITDA
56.19
EV to Capital Employed
5.94
EV to Sales
0.92
PEG Ratio
4.74
Dividend Yield
NA
ROCE (Latest)
6.85%
ROE (Latest)
6.52%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Sangeeta Pareekh (25.03%)

Highest Public shareholder

Puja Malik (5.71%)

Individual Investors Holdings

30.17%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 131.73% vs -14.30% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 222.45% vs 36.11% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "168.42",
          "val2": "72.68",
          "chgp": "131.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.04",
          "val2": "1.48",
          "chgp": "105.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.75",
          "val2": "0.77",
          "chgp": "-2.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1.58",
          "val2": "0.49",
          "chgp": "222.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.81%",
          "val2": "2.04%",
          "chgp": "-0.23%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 1.63% vs 106.21% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 266.37% vs 140.43% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "192.73",
          "val2": "189.63",
          "chgp": "1.63%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.25",
          "val2": "3.10",
          "chgp": "4.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.94",
          "val2": "1.32",
          "chgp": "46.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "4.14",
          "val2": "1.13",
          "chgp": "266.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.69%",
          "val2": "1.63%",
          "chgp": "0.06%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 37.68% vs 48.39% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 253.09% vs 95.18% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "361.15",
          "val2": "262.31",
          "chgp": "37.68%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.29",
          "val2": "4.58",
          "chgp": "37.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.69",
          "val2": "2.09",
          "chgp": "28.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "5.72",
          "val2": "1.62",
          "chgp": "253.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.74%",
          "val2": "1.75%",
          "chgp": "-0.01%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 25.80% vs 71.16% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 20.77% vs 41.30% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "338.50",
          "val2": "269.08",
          "chgp": "25.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.53",
          "val2": "2.08",
          "chgp": "165.87%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.84",
          "val2": "0.70",
          "chgp": "305.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.57",
          "val2": "1.30",
          "chgp": "20.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.63%",
          "val2": "0.77%",
          "chgp": "0.86%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
168.42
72.68
131.73%
Operating Profit (PBDIT) excl Other Income
3.04
1.48
105.41%
Interest
0.75
0.77
-2.60%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1.58
0.49
222.45%
Operating Profit Margin (Excl OI)
1.81%
2.04%
-0.23%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 131.73% vs -14.30% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 222.45% vs 36.11% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
192.73
189.63
1.63%
Operating Profit (PBDIT) excl Other Income
3.25
3.10
4.84%
Interest
1.94
1.32
46.97%
Exceptional Items
0.00
0.00
Consolidate Net Profit
4.14
1.13
266.37%
Operating Profit Margin (Excl OI)
1.69%
1.63%
0.06%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 1.63% vs 106.21% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 266.37% vs 140.43% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
361.15
262.31
37.68%
Operating Profit (PBDIT) excl Other Income
6.29
4.58
37.34%
Interest
2.69
2.09
28.71%
Exceptional Items
0.00
0.00
Consolidate Net Profit
5.72
1.62
253.09%
Operating Profit Margin (Excl OI)
1.74%
1.75%
-0.01%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 37.68% vs 48.39% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 253.09% vs 95.18% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
338.50
269.08
25.80%
Operating Profit (PBDIT) excl Other Income
5.53
2.08
165.87%
Interest
2.84
0.70
305.71%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.57
1.30
20.77%
Operating Profit Margin (Excl OI)
1.63%
0.77%
0.86%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 25.80% vs 71.16% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 20.77% vs 41.30% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Race Eco Chain Ltd stock-summary
stock-summary
Race Eco Chain Ltd
Micro Cap
Trading
Race Eco Chain Limited (Formerly known as Anisha Impex Limited) was incorporated on November 22, 1999. RACE ECO as the abbreviation suggests Recycling and Circular Economy is an environmentally conscious initiative with a mission to reduce the Carbon footprint caused by waste plastics. The Company is involved in aggregation of packaging plastic waste and channelizing it for recycling into consumer friendly products.
Company Coordinates stock-summary
Company Details
Unit No 203 Plaza-P 3, Central Square Bara Hindu Rao Delhi Delhi : 110006
stock-summary
Tel: 91-11-22046604
stock-summary
http://www.anishaimpex.com
stock-summary
contact@anishaimpex.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai
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