Race Eco Chain Peer Comparison

NSE: RACE | BSE: 537785

₹128.41

₹21.40 (20.00%)

As on 15-Oct-2026 12:51IST

Market cap

₹192 Cr

Revenue (TTM)

₹653 Cr

P/E Ratio

25.5

P/B Ratio

3.3

Div. Yield

0 %

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	Race Eco Chain	Gravita India	Tinna Rubber	Nupur Recyclers	Antony Waste
Market cap (₹ Cr)	192	10,938	1,661	1,143	948
Revenue (₹ Cr)	653	4,700	572	244	1,067
Net Profit (₹ Cr)	4.44	391.64	62.20	19.83	69.54
Net Margin (%)	0.68	8.17	10.84	7.73	6.33
RoE (%)	10.23	16.64	21.55	13.10	8.17
Price to Earnings	25.46	27.91	26.93	66.65	16.22
Price-To-Book	3.32	4.28	5.22	8.14	1.28

Income Statement (₹ Cr)

	Race Eco Chain	Gravita India	Tinna Rubber	Nupur Recyclers	Antony Waste
Operating Revenue	618.75	4,265.27	545.81	158.31	1,053.19
Total Income	620.41	4,342.20	547.76	167.69	1,084.84
Total Expenditure	604.52	3,827.92	451.69	142.69	848.50
EBITDA	14.23	437.35	94.12	15.62	204.69
Depreciation	1.80	38.83	12.29	1.62	85.76
EBIT	12.43	398.52	81.82	14.00	118.93
Interest	8.23	27.20	11.45	1.86	60.85
Other Income	1.66	76.93	1.95	9.38	31.65
Exceptional Items	--	--	-1.20	--	23.89
Profit before Tax	9.18	448.25	71.99	21.52	89.73
Provision for Tax	1.88	69.92	19.15	5.25	-2.02
Profit after Tax	7.29	378.33	52.85	16.27	91.75

	Race Eco Chain	Gravita India	Tinna Rubber	Nupur Recyclers	Antony Waste
Shareholder's Funds	74.13	2,451.63	300.38	117.71	738.88
Minority Interest	12.38	6.78	--	8.15	176.31
Non-Current Liabilities	0.19	152.08	59.66	6.19	364.93
Current Liabilities	127.08	1,009.69	180.21	11.99	464.15
Total Liabilities	215.51	3,620.18	540.25	144.25	1,823.65

	Race Eco Chain	Gravita India	Tinna Rubber	Nupur Recyclers	Antony Waste
Non-Current Assets	57.92	1,270.80	340.58	41.35	1,202.61
Current Assets	155.85	2,349.38	199.67	102.69	541.66
Total Assets	215.51	3,620.18	540.25	144.25	1,823.65
Total Debt*	89.96	732.32	120.63	12.56	425.50
Net Current Assets	28.77	1,339.69	19.46	90.70	77.51
Contingent Liabilities	0.19	238.05	23.43	3.95	61.80

	Race Eco Chain	Gravita India	Tinna Rubber	Nupur Recyclers	Antony Waste
Cash From Operating Activities	18.87	169.29	57.48	-18.67	142.54
Cash Flow from Investing Activities	-28.79	-363.89	-102.91	-1.09	-55.54
Cash from Financing Activities	20.24	177.86	44.38	16.40	-96.27
Net Cash Inflow / Outflow	10.32	-16.74	-1.04	-3.36	-9.27

	Race Eco Chain	Gravita India	Tinna Rubber	Nupur Recyclers	Antony Waste
ROCE (%)	11.71	17.18	22.76	20.73	13.11
ROE (%)	13.11	16.73	22.27	18.05	13.12
ROA (%)	3.69	12.11	11.30	12.58	5.32
EBIT Margin (%)	2.57	12.06	17.60	15.79	22.44
Net Margin (%)	1.18	8.71	9.65	9.70	8.46
Cash Profit Margin (%)	1.47	9.78	11.93	11.30	16.85

	Race Eco Chain	Gravita India	Tinna Rubber	Nupur Recyclers	Antony Waste
Revenue Growth (%)	11.47	10.25	8.01	-34.06	12.81
EBIT Growth (%)	49.21	17.15	18.27	90.35	7.31
Net Profit Growth (%)	73.90	20.91	9.29	88.73	-8.83
EPS Growth (%)	73.75	21.26	3.91	100.50	-11.63
Book Value Growth (%)	4.70	18.44	68.66	17.43	12.08

	Race Eco Chain	Gravita India	Tinna Rubber	Nupur Recyclers	Antony Waste
Price / Earnings	22.04	25.69	18.19	28.40	14.26
Price / Book Value	2.62	3.97	3.23	4.22	1.46
Dividend Yield (%)	0.00	0.48	0.61	0.00	0.13
EV/EBITDA	14.07	19.96	11.22	16.75	5.83
Market Cap (₹ Cr)	149.12	9,732.92	961.22	410.46	1,076.05

	Race Eco Chain	Gravita India	Tinna Rubber	Nupur Recyclers	Antony Waste
Debt to Equity	1.58	0.30	0.40	0.13	0.58
Short term debt to equity ratio	1.19	0.21	0.24	0.06	0.06
Current Ratio	1.23	2.33	1.11	8.57	1.17
Quick Ratio	1.20	1.31	0.68	4.62	1.17
Interest Coverage	2.12	17.48	7.29	12.56	2.47

	Race Eco Chain	Gravita India	Tinna Rubber	Nupur Recyclers	Antony Waste
Debtors to sales (%)	16.15	10.10	12.27	9.91	30.58
Asset Turnover	3.13	1.37	1.17	1.22	0.61
Receivable days	64.69	30.21	36.17	31.87	101.80
Inventory Days	1.19	70.17	46.67	86.33	0.00
Payable days	19.91	5.71	70.36	1.58	3,306.73
Cash Conversion Cycle	45.98	94.67	12.48	116.62	-3,204.93

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