Arthneeti

Race Eco Chain Q4 FY26 Share Price & Earnings Call Analysis

₹104.44+2.87% today
Market cap
₹180 Cr
P/E
23.97
ROE
9.28%
PEG
0.33
Price to sales
0.28
Debt to equity
1.21
52W high / low
₹214 / ₹86.0
EBITDA margin
2.28%
Net profit margin
1.18%
Promoter holding
44.79%
Sales (last year)
₹653 Cr

Potential multibaggers · Q2 FY27

Potential multibaggers in Other Utilities
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Race Eco rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Other Utilities companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹1,405 Cr10.2
240%+Flat₹778 Cr54.2
340%+Flat₹570 Cr15.4
440%+Flat₹347 Cr20.4
540%+Flat₹90 Cr6.9
620–40%Flat₹2,910 Cr9.8

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Financials of Race Eco

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Race Eco

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +84.8192.32110.7478.8872.6885.1786.44106.29168.42193.95156.73148.43131.12
Expenses +84.2291.48108.8177.7171.2084.1385.04104.44165.39190.54153.82144.76127.77
Operating Profit0.590.841.931.171.481.041.401.853.033.412.913.673.35
OPM %0.70%0.91%1.74%1.48%2.04%1.22%1.62%1.74%1.80%1.76%1.86%2.47%2.55%
Other Income +0.150.190.030.060.150.610.150.100.280.440.351.701.77
Interest0.120.260.550.770.770.840.931.010.751.551.651.982.06
Depreciation0.110.130.120.130.140.410.300.170.180.220.250.520.51
Profit before tax0.510.641.290.330.720.400.320.772.382.081.362.872.55
Tax %29.41%31.25%29.46%33.33%18.06%70.00%68.75%5.19%25.63%23.56%69.12%-3.14%23.14%
Net Profit +0.360.440.910.220.590.110.110.731.771.590.422.971.95
EPS in Rs0.220.270.550.130.360.070.070.420.920.860.201.621.02

Financials of Race Eco

Profit & Loss

Annual income statement trend

Mar 2023Mar 2024Mar 2025TTM
Sales +269347555630
Expenses +267342545617
Operating Profit261013
OPM %1%2%2%2%
Other Income +1114
Interest1347
Depreciation0112
Profit before tax2369
Tax %27%43%24%
Net Profit +1247
EPS in Rs0.790.942.253.70
Dividend Payout %0%0%0%

Financials of Race Eco

Balance Sheet

Capital structure and asset base

Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital16161717
Reserves465456
Borrowings +16436271
Other Liabilities +13184958
Total Liabilities4983182202
Fixed Assets +331013
CWIP0813
Investments011413
Other Assets +4671157173
Total Assets4983182202

Financials of Race Eco

Cash Flows

Operating, investing and financing cash movement

Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +-15-9-43
Cash from Investing Activity +7-18-14
Cash from Financing Activity +102461
Net Cash Flow2-35
Free Cash Flow-15-18-43
CFO/OP-698%-147%-428%

Financials of Race Eco

Ratios

Working capital efficiency and return ratios

Mar 2023Mar 2024Mar 2025
Debtor Days505879
Inventory Days111
Days Payable161824
Cash Conversion Cycle344155
Working Capital Days201521
ROCE %11%10%

Continue your research

What Race Eco's management said in earlier quarters

Others in Other Utilities this season

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  • Effwa Infra (Q2 FY27)

    Revenue from Operations for H1 FY27: ₹13,064.9 lakhs, up 44.8% YoY from ₹9,020.9 lakhs in H1 FY26 (Page 38). Key investor presentation takeaways from Effwa Infr

  • Greenleaf Envirotech (Q2 FY27)

    Revenue from operations for the half year ended 30th September 2026 was ₹2,861.97 lakhs standalone and consolidated. Key results statement takeaways from Greenl

  • Hi-Green Carbon (Q2 FY27)

    2,949.31 Lakhs (~43% growth). Key results statement takeaways from Hi-Green Carbon Ltd's Q2 FY27 results statement — and how it ranks against sector peers.

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