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Race Eco

Q2 FY26

Race Eco Q2 FY26: Revenue ₹148.43 Cr, PAT ₹1.15 Cr

Q2 FY26 investor presentation: what the company reported on revenue, margins and capex.

Price₹119
Market cap₹214 Cr
P/E28.5
Updated16 Oct 2026
Read3 min read

Race Eco Q2 FY26 key numbers

Revenue
Q2FY26 Consolidated Revenue from Operations: ₹148.43 crore (39.7% YoY increase from ₹106.29 crore in Q2FY25).

As stated in Race Eco's Q2 FY26 investor presentation · published 16 Oct 2026. Reported figures, not investment advice.

Based on Race Eco's Q2 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

The short version

Q2FY26 Consolidated Revenue from Operations: ₹148.43 crore (39.7% YoY increase from ₹106.29 crore in Q2FY25) [Page 22] - Q2FY26 Standalone Revenue from Operations: ₹96.10 crore (−9.6% YoY from ₹106. EBITDA (Standalone, Q2FY26): ₹3.06 crore, up 29% YoY (Page 6) - Operating Revenue (Standalone, Q2FY26): ₹96.10 crore, up 10% YoY (Page 6) - EBITDA Margin (Standalone, Q2FY26): 3.19%, up

From Race Eco's Q2 FY26 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

  • Q2FY26 Consolidated Revenue from Operations: ₹148.43 crore (39.7% YoY increase from ₹106.29 crore in Q2FY25) [Page 22]
  • Q2FY26 Standalone Revenue from Operations: ₹96.10 crore (−9.6% YoY from ₹106.28 crore in Q2FY25) [Page 21]
  • Q2FY26 Plastic Packaging Waste Business Revenue: ₹92.02 crore (8% YoY increase) [Page 10]
  • Q2FY26 Biofuel Business Revenue: ₹1.24 crore (77% YoY increase) [Page 13]
  • Q2FY26 Waste Aggregated: 22,491 MT [Pages 6 & 10]
  • Q2FY26 Biomass Aggregated (Biofuel): ~1,408 MT (down from 7,753 MT in Q2FY25) [Page 13]
  • HY26 Plastic Packaging Waste Revenue: ₹432.65 crore (48% YoY growth) [Page 11]

2 more points from Race Eco's call on revenue

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Profitability & Margins

See what Race Eco said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Demerger of RACE Business Segments (Page 30): Proposed to split RACE into three focused entities (Biomass, Briquettes, Waste Management/Recycled Products) to improve capital allocation.
  • Biomass Business (Page 12):
  • Government allocated ₹150 crore for biomass machinery procurement to support biomass collection; reflects favorable regulatory support.
  • ESG and Digitization Initiatives (Pages 25, 28):
  • Investment in RACE app for supply chain digitization and accounting automation across collection centers for better governance and efficiency.

2 more points from Race Eco's call on capex

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Fundraising & Capital Structure

See what Race Eco said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

See what Race Eco said on order book & pipeline — free account, 30 seconds.

Race Eco — Quarterly revenue & net profit

Revenue Net profit
Sep 2024Q2 FY25
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26

Reported quarterly figures (₹ Cr). Latest (Q3 FY26): revenue ₹131 Cr, net profit ₹2 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Race Eco's management said in earlier quarters

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Frequently Asked Questions

What were Race Eco Q2 FY26 results?

Q2FY26 Consolidated Revenue from Operations: ₹148.43 crore (39.7% YoY increase from ₹106.29 crore in Q2FY25) [Page 22] - Q2FY26 Standalone Revenue from Operations: ₹96.10 crore (−9.6% YoY from ₹106. EBITDA (Standalone, Q2FY26): ₹3.06 crore, up 29% YoY (Page 6) - Operating Revenue (Standalone, Q2FY26): ₹96.10 crore, up 10% YoY (Page 6) - EBITDA Margin (Standalone, Q2FY26): 3.19%, up

What is Race Eco share price analysis?

Race Eco currently shows a neutral. The stock trades at a P/E of 28.5 with a market cap of ₹214 Cr. Investors should review the full earnings analysis for detailed insights.

Is Race Eco planning capital expenditure?

Demerger of RACE Business Segments (Page 30): Proposed to split RACE into three focused entities (Biomass, Briquettes, Waste Management/Recycled Products) to improve capital allocation.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.