Ticker >

Race Eco Chain share price

Race Eco Chain Ltd.

NSE: RACE BSE: 537785 SECTOR: Environmental Services  10k   7   1

439.60
+2.00 (0.46%)
BSE: 02 Jul 04:01 PM

Price Summary

Today's High

₹ 457.25

Today's Low

₹ 429

52 Week High

₹ 448.7

52 Week Low

₹ 230.85

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

722.36 Cr.

Enterprise Value

758.79 Cr.

No. of Shares

1.64 Cr.

P/E

460.99

P/B

32.5

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  13.53

CASH

0.4 Cr.

DEBT

36.84 Cr.

Promoter Holding

44.79 %

EPS (TTM)

₹  0.95

Sales Growth

25.8%

ROE

7.32 %

ROCE

11.64%

Profit Growth

20.11 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year25.8%
3 Year79.31%
5 Year46.49%

Profit Growth

1 Year20.11%
3 Year16.29%
5 Year98.58%

ROE%

1 Year7.32%
3 Year6.26%
5 Year4.93%

ROCE %

1 Year11.64%
3 Year8.66%
5 Year7.55%

Debt/Equity

1.6573

Price to Cash Flow

-71.62

Interest Cover Ratio

1.9514

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 44.79 31.79
Dec 2023 44.79 31.79
Sep 2023 44.79 31.79
Jun 2023 44.79 0
Mar 2023 44.79 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 79.3069795115075% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 35.4872 days.

 Limitations

  • Company has a poor ROE of 6.260542361661% over the past 3 years.
  • Company has negative cash flow from operations of -10.0859.
  • The company has a low EBITDA margin of -0.0120625052518085% over the past 5 years.
  • The company is trading at a high PE of 460.99.
  • The company is trading at a high EV/EBITDA of 122.3468.
  • Promoter pledging is high as 31.79%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 110.74 78.89 69.4 79.47
Total Expenditure 108.81 77.61 68.1 78.44
Operating Profit 1.93 1.27 1.3 1.03
Other Income 0.03 0.06 0.14 0.44
Interest 0.55 0.77 0.77 0.75
Depreciation 0.12 0.13 0.14 0.27
Exceptional Items 0 0 0 0
Profit Before Tax 1.29 0.43 0.53 0.45
Tax 0.38 0.13 0.08 0.21
Profit After Tax 0.91 0.3 0.45 0.24
Adjusted EPS (Rs) 0.55 0.18 0.28 0.14

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 15.83 58.72 157.21 269.08 338.5
Total Expenditure 16.19 58.88 157.03 267 332.97
Operating Profit -0.37 -0.16 0.18 2.09 5.53
Other Income 1.41 2.5 1.62 0.85 0.67
Interest 0.73 0.63 0.42 0.71 2.84
Depreciation 0.3 0.23 0.33 0.44 0.66
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.02 1.47 1.06 1.79 2.7
Tax -0.02 0.48 0.14 0.48 1.13
Net Profit 0.04 1 0.92 1.3 1.57
Adjusted EPS (Rs.) 0.02 0.61 0.56 0.79 0.95

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 16.43 16.43 16.43 16.43 16.43
Total Reserves 0.69 1.68 2.83 4.14 5.8
Borrowings 0.05 0.05 0 0.2 0
Other N/C liabilities 0.17 0.16 0.09 -0.1 0.14
Current liabilities 9.44 13.73 14.11 28.26 50.91
Total Liabilities 26.77 32.05 33.47 48.93 73.27
Assets
Net Block 1.61 1.07 2.64 2.91 2.79
Capital WIP 0 0.1 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0.15 0 0 0 5.2
Loans & Advances 8.66 0.01 0.04 0.11 0.11
Other N/C Assets 0 0.01 0.62 0.01 0.16
Current Assets 16.35 30.87 30.17 45.9 65.02
Total Assets 26.77 32.05 33.47 48.93 73.27
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 0.04 1.47 1.06 1.79 2.7
Adjustment -3.74 -0.37 -0.42 1.19 3.11
Changes in Assets & Liabilities -0.29 -6.2 4.81 -17.57 -15.9
Tax Paid 0 0 -0.59 0 0
Operating Cash Flow -3.99 -5.1 4.86 -14.59 -10.09
Investing Cash Flow 4.73 9.76 -5.76 6.65 -11.1
Financing Cash Flow -0.87 -0.71 -1.99 9.94 18.49
Net Cash Flow -0.14 3.95 -2.88 2 -2.69

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 44.79 44.79 44.79 44.79 44.79
blp equity research pvt l... - 14.24 14.24 14.24 14.24
dinesh pareekh 4.26 4.26 4.26 4.26 4.26
sangeeta pareekh 26.29 26.29 26.29 26.29 26.29
blp equity research priva... 14.24 - - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 55.21 55.21 55.21 55.21 55.21
ashika global finance pvt... - - - - 2.81
danvir singh 1.78 1.78 1.78 1.77 1.77
puja malik 6.00 6.00 6.00 6.00 6.00
rohan agarwal 3.62 - 2.99 2.92 2.92
runit exim private limite... 3.28 - - 3.28 3.28
share india algoplus priv... - - - 1.66 1.66
share india securities li... 1.49 - - 1.49 1.49
sunstar share brokers pri... 1.49 - - 1.49 1.49
svp housing limited 1.34 - - 1.63 1.63
ashika global finance pvt... - - - 2.13 -
rohn agarwal - 3.62 - - -
runit exim pvt ltd - 3.28 - - -
share india algoplus pvt ... - 1.66 - - -
share india securities lt... - 1.49 - - -
sunstar shares brokers pv... - 1.49 - - -
svp housing ltd - 1.63 - - -
nidhi agarwal 2.40 - - - -
sandeep agarwal 1.86 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ3FY24 19 Feb 2024

Company News

Race Eco Chain informs about newspaper publication 22 Jun 2024, 12:51PM Race Eco Chain informs about disclosure 14 Jun 2024, 12:29PM Race Eco Chain divests entire stake in M/s Abhay Innovative Recycling 28 May 2024, 5:00PM Race Eco Chain - Quaterly Results28 May 2024, 3:45PM Race Eco Chain - Quaterly Results28 May 2024, 3:45PM Race Eco Chain - Quaterly Results12 Feb 2024, 6:43PM Race Eco Chain - Quaterly Results12 Feb 2024, 6:43PM Race Eco Chain informs about press release5 Dec 2023, 5:13PM Race Eco Chain - Quaterly Results6 Nov 2023, 8:12PM Race Eco Chain - Quaterly Results6 Nov 2023, 8:12PM Race Eco Chain informs about disclosure20 Oct 2023, 12:59PM Race Eco Chain informs about annual report and AGM1 Sep 2023, 10:17AM Race Eco Chain informs about AGM and book closure1 Sep 2023, 10:16AM Race Eco Chain informs about disclosure31 Aug 2023, 5:20PM Race Eco Chain submits presentation 18 Aug 2023, 2:13PM Race Eco Chain - Quaterly Results12 Aug 2023, 4:42PM Race Eco Chain - Quaterly Results12 Aug 2023, 4:42PM Race Eco Chain informs about outcome of board meeting6 May 2023, 3:40PM Race Eco Chain informs about certificate13 Jan 2023, 5:20PM Race Eco Chain informs about certificate12 Oct 2022, 9:41AM Race Eco Chain informs about certificate15 Jul 2022, 5:05PM Race Eco Chain informs about non-applicability of large corporate entity25 Apr 2022, 2:59PM Race Eco Chain informs about disclosure28 Feb 2022, 9:16AM Race Eco Chain informs about certificate8 Oct 2021, 3:56PM Race Eco Chain informs about annual secretarial compliance17 Jun 2021, 3:16PM

Race Eco Chain Stock Price Analysis and Quick Research Report. Is Race Eco Chain an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Race Eco Chain stock price today is Rs 430.7. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Race Eco Chain . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Race Eco Chain has a PE ratio of 451.656879194631 which is high and comparatively overvalued .

  • Share Price: - The current share price of Race Eco Chain is Rs 430.7. One can use valuation calculators of ticker to know if Race Eco Chain share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Race Eco Chain has ROA of 2.5649 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Race Eco Chain has a Current ratio of 1.2772 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Race Eco Chain has a ROE of 7.3236 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Race Eco Chain has a Debt to Equity ratio of 1.6573 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Race Eco Chain has reported revenue growth of 25.7963 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Race Eco Chain for the current financial year is 1.63327019179979 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Race Eco Chain is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Race Eco Chain is Rs 0.9536 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Race Eco Chain in Ticker for free. Also, one can get the intrinsic value of Race Eco Chain by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Race Eco Chain
X