| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 191 | 157 | +21.9% |
| EBITDA | 3.6 | 2.9 | +23.1% |
| EBITDA margin | 1.9% | 1.9% | 0.0 pts |
| Profit before tax | 1.4 | 1.4 | +3.1% |
| Net profit | 1.0 | 0.4 | +150.2% |
| EPS | ₹0.60 | ₹1.13 | −46.9% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 |
|---|
| 181 | — | — | — | |
| 15.4 | 15.4 | 5.3 | 0.4 | |
| 12.4 | 12.4 | 6.4 | 0.0 | |
| 90.0 | 90.0 | 61.5 | 42.5 | |
| 268 | — | — | — | |
| 653 | 619 | 555 | 347 | |
| — | +11.5% | +59.7% | — | |
| 14.9 | 14.2 | 9.7 | 5.8 | |
| 2.3% | 2.3% | 1.8% | 1.7% | |
| 12.6 | 12.4 | 8.8 | 5.0 | |
| 7.9 | 7.3 | 4.1 | 1.5 | |
| 1.2% | 1.2% | 0.7% | 0.5% | |
| ₹4.59 | ₹4.23 | ₹2.26 | ₹0.90 | |
| — | +87.4% | +151.3% | — | |
| — | 18.9 | −42.9 | −8.5 | |
| — | −12.6 | −8.9 | −3.5 | |
| 6.3 | 6.3 | −51.7 | −12.0 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|
| Market Capitalization | — | — | — | 181.1 | |
| - Cash, Equiv & ST Investments | 0.4 | 5.3 | 15.4 | 15.4 | |
| + Minority Interest | 0.0 | 6.4 | 12.4 | 12.4 | |
| + Total Debt | 42.5 | 61.5 | 90.0 | 90.0 | |
| Enterprise Value | — | — | — | 268.0 | |
| Revenue | 347.5 | 555.1 | 618.8 | 653.1 | |
| Growth %, YoY | — | +59.7 | +11.5 | — | |
| EBITDA | 5.8 | 9.7 | 14.2 | 14.9 | |
| Margin % | 1.66 | 1.75 | 2.30 | 2.28 | |
| EBIT | 5.0 | 8.8 | 12.4 | 12.6 | |
| Net Income | 1.5 | 4.1 | 7.3 | 7.9 | |
| Margin % | 0.45 | 0.74 | 1.18 | 1.21 | |
| EPS, Adj (current shares) | 0.90 | 2.26 | 4.23 | 4.59 | |
| Growth %, YoY | — | +151.3 | +87.4 | — | |
| Cash from Operations | -8.5 | -42.9 | 18.9 | — | |
| Capital Expenditures | -3.5 | -8.9 | -12.6 | — | |
| Free Cash Flow | -12.0 | -51.7 | 6.3 | 6.3 | |
Prices at the previous close · figures from the company's filings with NSE
Race Eco Chain (NSE: RACE) had a market capitalisation of ₹181 crore at the previous close (₹104.93 a share), a PE ratio of 23.8 on the last four quarters' profit and a price-to-book ratio of 2.44. In FY26 its consolidated net profit was ₹7.3 crore on revenue of ₹619 crore; in Q1 FY27 (April–June 2026) it was ₹1.1 crore, up 218.8% year on year. Its debt-to-equity ratio was 1.04 on 31 March 2026. Promoters held 44.79% of the shares on 30 September 2026.
Race Eco Chain's PE ratio is 23.8 at the previous close (₹104.93 a share): a market capitalisation of ₹181 crore divided by consolidated net profit of ₹7.6 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹7.3 crore) it is 24.8. These four quarters include net exceptional items of ₹3.5 crore (one-off gains reported separately), so the ratio on recurring profit would differ.
Race Eco Chain's price-to-book (PB) ratio is 2.44 at the previous close: a market capitalisation of ₹181 crore divided by shareholders' equity (book value) of ₹74.1 crore on 31 March 2026. That is a book value of ₹42.95 per share against a share price of ₹104.93.
In FY26, Race Eco Chain's return on equity (ROE) was 10.0% and its return on capital employed (ROCE) was 14.9%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 8.3% and ROCE 16.7%.
Race Eco Chain's market capitalisation was ₹181 crore at the previous close: 1.73 crore shares at ₹104.93 each.
No. Race Eco Chain had borrowings of ₹90 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.04. Its cash and current investments were ₹15.6 crore, so its net debt was ₹74.4 crore.
Race Eco Chain's basic earnings per share (EPS) were ₹4.23 in FY26, against ₹2.49 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹4.59.
Race Eco Chain's debt-to-equity ratio was 1.04 on 31 March 2026: borrowings of ₹90 crore against total equity of ₹86.5 crore. A year earlier, on 31 March 2025, it was 0.79.
Race Eco Chain's net worth — shareholders' equity in its consolidated balance sheet — was ₹74.1 crore on 31 March 2026, up 3.6% from ₹71.6 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹181 crore at the previous close.
In FY26, Race Eco Chain generated ₹18.9 crore of cash from operations and spent ₹12.6 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹6.3 crore. In FY25 it was −₹51.7 crore.
Race Eco Chain's book value per share was ₹42.95 on 31 March 2026: shareholders' equity of ₹74.1 crore divided by the 1.73 crore shares in issue, up 3.6% from ₹41.48 a year earlier. The share price at the previous close was ₹104.93.
On 30 September 2026, Race Eco Chain's shares were held by promoters 44.79%, foreign portfolio investors (FII/FPI) 0.01% and retail and other non-institutional investors 55.20%. Over the year, FII holding was down 0.71 percentage points from 0.72%.
Race Eco Chain's latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹1.1 crore, up 218.8% from ₹35 lakh in Q1 FY26; revenue from operations ₹191 crore, up 21.9% year on year.
Promoters held 44.79% of Race Eco Chain on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Race Eco Chain's consolidated net profit was ₹7.3 crore, up 87.4% from ₹3.9 crore in FY25, on revenue from operations of ₹619 crore (up 11.5%).
Race Eco Chain has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 consolidated figures, against Concord Enviro Systems, Antony Waste Handling Cell and EMS: Race Eco Chain's operating margin of 2.0% is the lowest of the four (Concord Enviro Systems 3.6%, Antony Waste Handling Cell 11.4%, EMS 17.8%; peer average 10.9%); its return on equity of 10.0% is the second highest of the four (Concord Enviro Systems 3.6%, Antony Waste Handling Cell 10.8%, EMS 8.9%; peer average 7.8%).
In FY26, Race Eco Chain earned net profit of ₹7.3 crore on revenue of ₹619 crore, against ₹19.8 crore on ₹558 crore for Concord Enviro Systems. Race Eco Chain's operating margin was 2.0% (Concord Enviro Systems 3.6%) and its return on equity 10.0% (Concord Enviro Systems 3.6%).
From Race Eco Chain's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.