Nifty

:

22402.40

Sensex

:

73852.94

34.40 (0.15%)
114.49 (0.16%)

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Nifty
Sensex

:
:

22402.40
73852.94

34.40 (0.15%)
114.49 (0.16%)

Race Eco Chain Ltd.

Trading

Rating :

67/99

BSE: 537785 | NSE: RACE

Watchlist

NSE BSE

318.25

24-Apr-2024

Open
High
Low
Previous Close

311.05
320.00
307.20
311.45

Volume
Traded Value (lacs)
52 Week High
52 Week Low

11555
36.13
408.65
226.10

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

520.90
399.22
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

549.12
N/A
23.43

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

21.08
39.91
66.10

EBITDA CAGR (%)

10 Years
5 Years
3 Years

14.02
-
-

PAT CAGR (%)

10 Years
5 Years
3 Years

-
91.86
9.14

P:E (Median)

8 Years
5 Years
3 Years

319.38
327.56
349.58

P:BV (Average)

8 Years
5 Years
3 Years

18.84
18.84
20.02

EV:EBITDA (Average)

8 Years
5 Years
3 Years

166.08
186.51
179.67

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 69.40 84.81 -18.17% 78.89 49.18 60.41% 110.74 42.78 158.86% 0.00 0.00 0
Expenses 68.10 84.20 -19.12% 77.61 48.84 58.91% 108.81 42.46 156.26% 0.00 0.00 0
EBITDA 1.30 0.60 116.67% 1.27 0.34 273.53% 1.93 0.31 522.58% 0.00 0.00 0
EBIDTM 1.87% 0.71% 1.61% 0.68% 1.75% 0.73% 0.00% 0.00%
Other Income 0.14 0.15 -6.67% 0.06 0.30 -80.00% 0.03 0.21 -85.71% 0.00 0.00 0
Interest 0.77 0.12 541.67% 0.77 0.19 305.26% 0.55 0.14 292.86% 0.00 0.00 0
Depreciation 0.14 0.11 27.27% 0.13 0.10 30.00% 0.12 0.11 9.09% 0.00 0.00 0
PBT 0.53 0.52 1.92% 0.43 0.35 22.86% 1.29 0.28 360.71% 0.00 0.00 0
Tax 0.08 0.15 -46.67% 0.13 0.07 85.71% 0.38 0.09 322.22% 0.00 0.00 0
PAT 0.45 0.36 25.00% 0.30 0.28 7.14% 0.91 0.19 378.95% 0.00 0.00 0
PATM 0.65% 0.43% 0.38% 0.57% 0.82% 0.45% 0.00% 0.00%
EPS 0.28 0.22 27.27% 0.18 0.17 5.88% 0.55 0.12 358.33% 0.00 0.00 0

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 72.68 84.81 -14.30% 78.89 49.18 60.41% 0.00 0.00 0 0.00 0.00 0
Expenses 71.21 84.20 -15.43% 77.72 48.84 59.13% 0.00 0.00 0 0.00 0.00 0
EBITDA 1.48 0.60 146.67% 1.17 0.34 244.12% 0.00 0.00 0 0.00 0.00 0
EBIDTM 2.03% 0.71% 1.48% 0.68% 0.00% 0.00% 0.00% 0.00%
Other Income 0.15 0.15 0.00% 0.06 0.30 -80.00% 0.00 0.00 0 0.00 0.00 0
Interest 0.77 0.12 541.67% 0.77 0.19 305.26% 0.00 0.00 0 0.00 0.00 0
Depreciation 0.14 0.11 27.27% 0.13 0.10 30.00% 0.00 0.00 0 0.00 0.00 0
PBT 0.72 0.52 38.46% 0.32 0.35 -8.57% 0.00 0.00 0 0.00 0.00 0
Tax 0.13 0.15 -13.33% 0.11 0.07 57.14% 0.00 0.00 0 0.00 0.00 0
PAT 0.59 0.36 63.89% 0.22 0.28 -21.43% 0.00 0.00 0 0.00 0.00 0
PATM 0.81% 0.43% 0.28% 0.57% 0.00% 0.00% 0.00% 0.00%
EPS 0.36 0.22 63.64% 0.13 0.17 -23.53% 0.00 0.00 0 0.00 0.00 0

Annual Results

Standalone Figures in Rs. Crores

Right to Left

Description TTM Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Net Sales - 269.08 157.21 58.72 15.83 50.19 55.24 35.09 41.81 42.06 39.74 Net Sales Growth - 71.16% 167.73% 270.94% -68.46% -9.14% 57.42% -16.07% -0.59% 5.84% Cost Of Goods Sold - 260.81 152.47 55.47 14.79 48.26 52.68 33.14 39.90 40.61 37.91 Gross Profit - 8.27 4.74 3.25 1.04 1.93 2.57 1.95 1.91 1.45 1.84 GP Margin - 3.07% 3.02% 5.53% 6.57% 3.85% 4.65% 5.56% 4.57% 3.45% 4.63% Total Expenditure - 267.00 157.03 58.88 16.19 50.35 54.41 34.24 40.80 41.56 39.18 Power & Fuel Cost - 0.26 0.11 0.09 0.07 0.06 0.04 0.09 0.09 0.09 0.07 % Of Sales - 0.10% 0.07% 0.15% 0.44% 0.12% 0.07% 0.26% 0.22% 0.21% 0.18% Employee Cost - 2.20 1.63 1.00 0.71 0.77 0.80 0.56 0.36 0.39 0.33 % Of Sales - 0.82% 1.04% 1.70% 4.49% 1.53% 1.45% 1.60% 0.86% 0.93% 0.83% Manufacturing Exp. - 1.95 1.11 0.02 0.00 0.00 0.00 0.04 0.04 0.10 0.13 % Of Sales - 0.72% 0.71% 0.03% 0% 0% 0% 0.11% 0.10% 0.24% 0.33% General & Admin Exp. - 1.55 1.06 0.64 0.55 0.69 0.55 0.34 0.26 0.38 0.74 % Of Sales - 0.58% 0.67% 1.09% 3.47% 1.37% 1.00% 0.97% 0.62% 0.90% 1.86% Selling & Distn. Exp. - 0.12 0.36 0.90 0.03 0.28 0.34 0.07 0.10 0.00 0.02 % Of Sales - 0.04% 0.23% 1.53% 0.19% 0.56% 0.62% 0.20% 0.24% 0% 0.05% Miscellaneous Exp. - 0.11 0.27 0.76 0.04 0.29 0.00 0.00 0.05 0.00 0.02 % Of Sales - 0.04% 0.17% 1.29% 0.25% 0.58% 0% 0% 0.12% 0% 0% EBITDA - 2.08 0.18 -0.16 -0.36 -0.16 0.83 0.85 1.01 0.50 0.56 EBITDA Margin - 0.77% 0.11% -0.27% -2.27% -0.32% 1.50% 2.42% 2.42% 1.19% 1.41% Other Income - 0.85 1.62 2.50 1.41 1.18 0.27 0.08 0.07 0.53 0.08 Interest - 0.71 0.42 0.63 0.73 0.57 0.62 0.54 0.69 0.64 0.46 Depreciation - 0.44 0.33 0.23 0.30 0.38 0.44 0.22 0.26 0.25 0.16 PBT - 1.79 1.06 1.47 0.02 0.07 0.05 0.17 0.13 0.13 0.02 Tax - 0.48 0.14 0.48 -0.02 0.02 -0.03 0.05 0.04 0.04 0.04 Tax Rate - 26.82% 13.21% 32.65% -100.00% 28.57% -60.00% 29.41% 30.77% 30.77% 200.00% PAT - 1.30 0.92 1.00 0.04 0.05 0.08 0.12 0.09 0.09 -0.02 PAT before Minority Interest - 1.30 0.92 1.00 0.04 0.05 0.08 0.12 0.09 0.09 -0.02 Minority Interest - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin - 0.48% 0.59% 1.70% 0.25% 0.10% 0.14% 0.34% 0.22% 0.21% -0.05% PAT Growth - 41.30% -8.00% 2,400.00% -20.00% -37.50% -33.33% 33.33% 0.00% - EPS - 0.79 0.56 0.61 0.02 0.03 0.05 0.07 0.05 0.05 -0.01

Results Balance Sheet

Standalone Figures in Rs. Crores

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Shareholder's Funds 20.57 19.27 18.11 17.12 17.08 17.03 16.95 16.83 16.73 16.69 Share Capital 16.43 16.43 16.43 16.43 16.43 16.43 16.43 16.43 16.43 16.43 Total Reserves 4.14 2.83 1.68 0.69 0.65 0.60 0.52 0.39 0.30 0.26 Non-Current Liabilities 0.10 0.09 0.20 0.21 0.19 0.24 0.09 0.09 0.10 0.10 Secured Loans 0.20 0.00 0.05 0.05 0.09 0.14 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 0.15 0.10 0.28 0.28 0.16 0.11 0.00 0.00 0.00 0.00 Current Liabilities 28.26 14.11 13.73 9.44 17.91 21.41 7.05 14.08 7.46 9.55 Trade Payables 11.72 7.51 5.27 1.06 9.43 13.24 0.38 9.61 1.54 5.84 Other Current Liabilities 0.59 1.54 1.23 1.59 1.61 3.87 1.05 0.10 0.17 0.06 Short Term Borrowings 15.24 4.87 6.62 6.69 6.80 4.24 5.57 4.32 5.71 3.63 Short Term Provisions 0.72 0.19 0.61 0.10 0.07 0.07 0.05 0.04 0.04 0.02 Total Liabilities 48.93 33.47 32.04 26.77 35.18 38.68 24.09 31.00 24.29 26.34 Net Block 2.91 2.64 1.07 1.61 1.77 2.08 2.44 2.12 2.52 2.41 Gross Block 5.21 4.50 2.60 3.87 1.77 3.66 3.58 3.05 3.27 3.02 Accumulated Depreciation 2.30 1.86 1.53 2.25 0.00 1.58 1.15 0.93 0.74 0.60 Non Current Assets 3.03 3.30 1.19 10.42 11.95 7.89 2.48 2.19 2.71 9.20 Capital Work in Progress 0.00 0.00 0.10 0.00 0.04 0.00 0.00 0.00 0.00 0.00 Non Current Investment 0.00 0.00 0.00 0.15 0.15 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 0.11 0.04 0.01 8.66 9.98 5.81 0.04 0.06 0.19 6.79 Other Non Current Assets 0.01 0.62 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 45.90 30.17 30.87 16.35 23.23 30.79 21.61 28.80 21.57 17.13 Current Investments 0.00 0.00 0.00 5.40 4.19 0.26 0.18 0.18 0.18 0.18 Inventories 0.62 0.29 4.44 3.79 6.75 10.43 0.52 10.90 3.55 4.50 Sundry Debtors 36.65 17.21 14.57 6.31 9.90 15.42 18.47 15.90 9.38 10.90 Cash & Bank 3.10 1.10 4.13 0.18 0.32 0.14 0.05 0.01 0.01 0.02 Other Current Assets 5.55 0.32 1.15 0.11 2.07 4.54 2.39 1.82 8.45 1.53 Short Term Loans & Adv. 5.52 11.25 6.58 0.55 1.99 4.12 2.32 0.00 0.00 0.00 Net Current Assets 17.65 16.06 17.13 6.91 5.33 9.38 14.56 14.73 14.11 7.58 Total Assets 48.93 33.47 32.06 26.77 35.18 38.68 24.09 30.99 24.28 26.33

Cash Flow

Standalone Figures in Rs. Crores

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Cash From Operating Activity -14.59 4.86 -5.10 -3.99 6.58 7.61 -0.16 1.81 -8.08 -2.02 PBT 1.79 1.06 1.47 0.04 0.05 0.08 0.12 0.13 0.13 0.15 Adjustment 1.19 -0.42 -0.37 -3.74 0.87 0.88 0.76 0.96 0.44 0.44 Changes in Working Capital -17.57 4.81 -6.20 -0.29 5.73 6.62 -1.04 0.77 -8.64 -2.58 Cash after chg. in Working capital -14.59 5.45 -5.10 -3.99 6.65 7.59 -0.16 1.86 -8.06 -1.98 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid 0.00 -0.59 0.00 0.00 -0.06 0.02 0.00 -0.04 -0.02 -0.04 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 6.65 -5.76 9.76 4.73 -8.34 -5.86 -0.51 0.25 6.63 0.73 Net Fixed Assets -0.71 -1.80 1.17 -2.06 1.85 -0.08 -0.53 0.22 -0.25 -0.28 Net Investments 0.00 0.00 5.55 -1.21 -4.08 -0.08 0.00 0.00 0.00 0.00 Others 7.36 -3.96 3.04 8.00 -6.11 -5.70 0.02 0.03 6.88 1.01 Cash from Financing Activity 9.94 -1.99 -0.71 -0.87 1.94 -1.66 0.71 -2.07 1.44 1.31 Net Cash Inflow / Outflow 2.00 -2.88 3.95 -0.14 0.18 0.09 0.05 0.00 -0.01 0.02 Opening Cash & Equivalents 1.10 4.12 0.18 0.32 0.14 0.05 0.01 0.01 0.02 0.02 Closing Cash & Equivalent 3.10 1.24 4.14 0.18 0.32 0.14 0.05 0.01 0.01 0.04

Financial Ratios

Standalone

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Book Value (Rs.) 12.52 11.72 11.02 10.42 10.40 10.36 10.32 10.24 10.18 10.16 ROA 3.17% 2.80% 3.39% 0.12% 0.14% 0.26% 0.45% 0.32% 0.36% -0.08% ROE 6.55% 4.91% 5.66% 0.22% 0.30% 0.47% 0.73% 0.54% 0.54% -0.18% ROCE 8.29% 6.04% 8.66% 3.10% 2.82% 3.04% 3.27% 3.72% 3.62% 3.14% Fixed Asset Turnover 55.44 44.31 18.17 5.62 18.50 15.27 10.58 13.23 13.38 13.81 Receivable days 36.53 36.90 64.91 186.99 92.10 111.99 178.76 110.37 88.01 107.10 Inventory Days 0.62 5.49 25.57 121.48 62.44 36.16 59.38 63.07 34.92 41.46 Payable days 13.45 15.29 20.81 147.62 89.39 38.62 76.35 42.16 33.16 69.82 Cash Conversion Cycle 23.69 27.09 69.66 160.84 65.15 109.52 161.79 131.27 89.76 78.74 Total Debt/Equity 0.75 0.25 0.37 0.40 0.41 0.27 0.33 0.26 0.34 0.22 Interest Cover 3.53 3.55 3.32 1.02 1.12 1.08 1.32 1.18 1.21 1.04

Top Investors:

runit exim private limited

ashika global finance pvt. ltd

share india algoplus private limited

svp housing limited

share india securities limited

sunstar share brokers private limited

Annual Reports:

News Update:

Race Eco Chain - Quarterly Results
12th Feb 2024, 18:43 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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