Race Eco Chain Financials

NSE: RACE | BSE: 537785

₹119.02

₹-9.39 (-7.31%)

As on 16-Oct-2026IST

Market cap

₹206 Cr

Revenue (TTM)

₹653 Cr

P/E Ratio

27.4

P/B Ratio

3.6

Div. Yield

0 %

Income Statement (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Operating Revenue	653.09	618.75	555.10	347.48	269.08	--
Total Income	655.28	620.41	555.99	348.18	269.94	--
Total Expenditure	638.22	604.52	545.35	341.71	267.00	--
EBITDA	14.88	14.23	9.75	5.77	2.09	--
Depreciation	2.30	1.80	0.87	0.80	0.44	--
EBIT	12.57	12.43	8.88	4.97	1.64	--
Interest	9.02	8.23	4.29	2.94	0.71	--
Other Income	2.18	1.66	0.90	0.70	0.85	--
Exceptional Items	--	--	--	--	--	--
Profit before Tax	5.74	9.18	5.55	2.73	1.79	--
Provision for Tax	1.31	1.88	1.35	1.18	0.48	--
Profit after Tax	4.44	7.29	4.19	1.55	1.30	--
Minority Interest	-0.39	-0.53	-0.30	0.00	--	--
Share of Associate	3.48	--	--	--	--	--
Consolidated Profit	7.52	6.76	3.89	1.55	1.30	--

Liabilities (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Shareholder's Funds	74.13	74.13	71.57	22.21	20.57	--
Minority Interest	-0.39	12.38	6.36	0.03	--	--
Non-Current Liabilities	1.93	0.19	-0.30	5.36	0.10	--
Current Liabilities	127.08	127.08	104.17	55.36	28.26	--
Total Liabilities	215.51	215.51	182.34	82.96	49.18	--

Assets (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Non-Current Assets	35.52	57.92	40.79	12.62	3.03	--
Current Assets	155.85	155.85	141.02	70.34	45.90	--
Total Assets	215.51	215.51	182.34	82.96	49.18	--
Total Debt*	--	89.96	61.50	37.08	15.51	--
Net Current Assets	28.78	28.77	36.85	14.98	17.65	--
Contingent Liabilities	--	0.19	0.19	--	--	--

Cashflow (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Cash From Operating Activities	--	18.87	-42.86	-8.53	-14.59	--
Cash Flow from Investing Activities	--	-28.79	-13.40	-18.21	6.65	--
Cash from Financing Activities	--	20.24	61.10	24.07	9.94	--
Net Cash Inflow / Outflow	--	10.32	4.83	-2.66	2.00	--

Financials Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Adjusted EPS (₹)	4.36	3.92	2.26	0.94	0.79	--
Cash EPS (₹)	4.36	5.27	2.93	1.43	1.06	--
Adjusted Book Value (₹)	33.46	32.99	31.51	13.52	12.52	--
Dividend per Share (₹)	--	--	--	--	--	--
Cash Flow per Share (₹)	--	10.94	-24.84	-5.19	-8.88	--
Free Cash Flow per Share (₹)	--	1.58	-32.23	-12.95	-10.07	--

Profitability Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
ROCE (%)	--	11.71	10.23	11.88	6.92	--
ROE (%)	10.23	13.11	10.96	7.23	6.34	--
ROA (%)	2.23	3.69	3.17	2.35	2.67	--
EBIT Margin (%)	1.93	2.01	1.60	1.43	0.61	--
Net Margin (%)	0.68	1.18	0.75	0.44	0.48	--
Cash Profit Margin (%)	--	1.47	0.91	0.68	0.65	--

Growth Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Revenue Growth (%)	4.43	11.47	59.75	29.13	--	--
EBIT Growth (%)	21.07	40.05	78.78	201.96	--	--
Net Profit Growth (%)	11.60	73.90	171.16	18.56	--	--
EPS Growth (%)	11.60	73.75	139.30	18.71	--	--
Book Value Growth (%)	--	4.70	144.79	7.98	--	--

Valuation Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Price / Earnings	27.37	22.04	114.26	343.53	237.96	--
Price / Book Value	3.57	2.62	8.18	23.96	15.09	--
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	16.43	14.07	47.06	87.96	109.84	--
Close Price (₹)	111.48	86.05	253.05	325.10	188.95	--
High Price (₹)	275.00	292.00	460.00	408.65	248.50	--
Low Price (₹)	84.10	84.10	241.00	170.50	150.00	--
Market Cap (₹ Cr)	205.88	149.12	444.80	532.17	310.50	--

Solvency Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Debt to Equity	0.02	1.58	1.13	1.67	0.75	--
Short term debt to equity ratio	--	1.19	0.86	1.67	0.74	--
Current Ratio	1.23	1.23	1.35	1.27	1.62	--
Quick Ratio	1.20	1.20	1.34	1.25	1.60	--
Interest Coverage	1.64	2.12	2.29	1.93	3.53	--

Operating Efficiency Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Debtors to sales (%)	15.30	16.15	21.51	15.86	13.62	--
Asset Turnover	3.28	3.13	4.19	5.27	5.50	--
Receivable days	--	64.69	57.37	48.19	49.71	--
Inventory Days	--	1.19	0.72	0.83	0.83	--
Payable days	--	19.91	17.86	15.52	16.40	--
Cash Conversion Cycle	--	45.98	40.24	33.50	34.15	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement (₹ Cr)