Race Eco Chain Financials

NSE: RACE | BSE: 537785

₹96.00

₹-1.50 (-1.54%)

As on 09-Sep-2026 10:54IST

Market cap

₹168 Cr

Revenue (TTM)

₹653 Cr

P/E Ratio

22.4

P/B Ratio

2.9

Div. Yield

0 %

Income Statement (₹ Cr)	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21
Operating Revenue	653.09	555.10	347.48	269.08	--	--
Total Income	655.28	555.99	348.18	269.94	--	--
Total Expenditure	638.22	545.35	341.71	267.00	--	--
EBITDA	14.88	9.75	5.77	2.09	--	--
Depreciation	2.30	0.87	0.80	0.44	--	--
EBIT	12.57	8.88	4.97	1.64	--	--
Interest	9.02	4.29	2.94	0.71	--	--
Other Income	2.18	0.90	0.70	0.85	--	--
Exceptional Items	--	--	--	--	--	--
Profit before Tax	5.74	5.55	2.73	1.79	--	--
Provision for Tax	1.31	1.35	1.18	0.48	--	--
Profit after Tax	4.44	4.19	1.55	1.30	--	--
Minority Interest	-0.39	-0.30	0.00	--	--	--
Share of Associate	3.48	--	--	--	--	--
Consolidated Profit	7.52	3.89	1.55	1.30	--	--

Liabilities (₹ Cr)	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21
Shareholder's Funds	74.13	71.57	22.21	20.57	--	--
Minority Interest	-0.39	6.36	0.03	--	--	--
Non-Current Liabilities	1.93	-0.30	5.36	0.10	--	--
Current Liabilities	127.08	104.17	55.36	28.26	--	--
Total Liabilities	215.51	182.34	82.96	49.18	--	--

Assets (₹ Cr)	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21
Non-Current Assets	35.52	40.79	12.62	3.03	--	--
Current Assets	155.85	141.02	70.34	45.90	--	--
Total Assets	215.51	182.34	82.96	49.18	--	--
Total Debt*	--	61.50	37.08	15.51	--	--
Net Current Assets	28.78	36.85	14.98	17.65	--	--
Contingent Liabilities	--	0.19	--	--	--	--

Cashflow (₹ Cr)	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21
Cash From Operating Activities	--	-42.65	-8.53	-14.59	--	--
Cash Flow from Investing Activities	--	-15.04	-18.21	6.65	--	--
Cash from Financing Activities	--	62.51	24.07	9.94	--	--
Net Cash Inflow / Outflow	--	4.83	-2.66	2.00	--	--

Financials Ratios	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21
Adjusted EPS (₹)	4.36	2.26	0.94	0.79	--	--
Cash EPS (₹)	4.36	2.93	1.43	1.06	--	--
Adjusted Book Value (₹)	33.46	31.51	13.52	12.52	--	--
Dividend per Share (₹)	--	--	--	--	--	--
Cash Flow per Share (₹)	--	-24.71	-5.19	-8.88	--	--
Free Cash Flow per Share (₹)	--	-32.23	-12.95	-10.07	--	--

Profitability Ratios	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21
ROCE (%)	--	10.23	11.88	6.92	--	--
ROE (%)	10.23	10.96	7.23	6.34	--	--
ROA (%)	2.23	3.17	2.35	2.67	--	--
EBIT Margin (%)	1.93	1.60	1.43	0.61	--	--
Net Margin (%)	0.68	0.75	0.44	0.48	--	--
Cash Profit Margin (%)	--	0.91	0.68	0.65	--	--

Growth Ratios	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21
Revenue Growth (%)	4.43	59.75	29.13	--	--	--
EBIT Growth (%)	21.07	78.78	201.96	--	--	--
Net Profit Growth (%)	11.60	171.16	18.56	--	--	--
EPS Growth (%)	11.60	139.30	18.71	--	--	--
Book Value Growth (%)	--	144.79	7.98	--	--	--

Valuation Ratios	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21
Price / Earnings	22.37	114.26	343.53	237.96	--	--
Price / Book Value	2.91	8.18	23.96	15.09	--	--
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	14.22	47.06	87.96	109.84	--	--
Close Price (₹)	111.48	253.05	325.10	188.95	--	--
High Price (₹)	275.00	460.00	408.65	248.50	--	--
Low Price (₹)	84.10	241.00	170.50	150.00	--	--
Market Cap (₹ Cr)	168.26	444.80	532.17	310.50	--	--

Solvency Ratios	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21
Debt to Equity	0.02	1.13	1.67	0.75	--	--
Short term debt to equity ratio	--	0.86	1.67	0.74	--	--
Current Ratio	1.23	1.35	1.27	1.62	--	--
Quick Ratio	1.20	1.34	1.25	1.60	--	--
Interest Coverage	1.64	2.29	1.93	3.53	--	--

Operating Efficiency Ratios	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21
Debtors to sales (%)	15.30	21.51	15.86	13.62	--	--
Asset Turnover	3.28	4.19	5.27	5.50	--	--
Receivable days	--	57.37	48.19	49.71	--	--
Inventory Days	--	0.72	0.83	0.83	--	--
Payable days	--	17.86	15.52	16.40	--	--
Cash Conversion Cycle	--	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)