Is Race Eco Chain a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Race Eco Chain Ltd is a below average quality company .

Is Race Eco Chain undervalued or overvalued?

The key valuation ratios of Race Eco Chain Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Race Eco Chain share price return in the past 10 years?

Race Eco Chain Ltd share price has appreciated 39.9% annually (CAGR) over the past ten years.

Is Race Eco Chain a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Race Eco Chain Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Race Eco Chain Ltd - Stock Valuation and Financial Performance

Name: Race Eco Chain
Brand: Race Eco Chain

BSE: 537785 | NSE: RACE | Environmental Services | Small Cap

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Race Eco Chain Share Price

₹345.15 -4.85 -1.39%
as on 22-Nov'24 16:59

10 Year X-Ray of Race Eco Chain:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	3.6%	3.7%	3.3%	3%	2.8%	3.1%	8.7%	6%	8.3%	11.6%	-
Value Creation Index ⓘ	-0.7	-0.7	-0.8	-0.8	-0.8	-0.8	-0.4	-0.6	-0.4	-0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	42.1	41.8	35.1	55.2	50.2	15.8	58.7	157	269	339	341
Sales YoY Gr.	-	-0.6%	-16.1%	57.4%	-9.1%	-68.5%	270.9%	167.7%	71.2%	25.8%	-
Adj EPS ⓘ	0.1	0.1	0.1	0.1	0	0	0.4	0.3	0.7	1	3
YoY Gr.	-	0%	33.3%	-37.5%	-60%	-50%	3600%	-18.9%	126.7%	42.7%	-
BVPS (₹) ⓘ	10.2	10.2	10.3	10.4	10.4	10.4	11	11.7	12.5	13.5	32.3
Adj Net Profit ⓘ	0.1	0.1	0.1	0.1	0	0	0.6	0.5	1.1	1.6	5
Cash Flow from Ops. ⓘ	-8.1	1.8	-0.2	7.6	6.6	-4	-5.1	4.9	-14.6	-10.1	-
Debt/CF from Ops. ⓘ	-0.7	2.4	-35.8	0.6	1.1	-1.7	-1.3	1	-1.1	-3.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	26.1%	46.5%	79.3%	25.8%
Adj EPS ⓘ	36.2%	117.3%	37.9%	42.7%
BVPSⓘ	3.2%	5.4%	7.1%	8.1%
Share Price	39.9%	48.4%	17.1%	5.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	0.5	0.6	0.7	0.5	0.2	0.1	3.4	2.6	5.6	7.5	12.9
Op. Profit Mgn % ⓘ	1.2	2.4	2.4	1.5	-0.3	-2.3	0.2	0.1	0.8	1.7	1.6
Net Profit Mgn % ⓘ	0.2	0.2	0.4	0.1	0.1	0.1	1	0.3	0.4	0.5	1.5
Debt to Equity ⓘ	0.3	0.3	0.3	0.3	0.4	0.4	0.4	0.3	0.8	1.7	0
Working Cap Days ⓘ	197	219	261	190	236	555	144	66	49	58	37
Cash Conv. Cycle ⓘ	90	131	162	110	65	161	71	27	24	36	16

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.90%

Sales growth is growing at healthy rate in last 3 years 79.30%

Net Profit is growing at healthy rate in last 3 years 37.89%

Debt to equity has increased versus last 3 years average to 1.66

Sales growth is not so good in last 4 quarters at -4.89%

Latest Financials - Race Eco Chain Ltd.

	Standalone	Consolidated
TTM EPS (₹)	3	2.8
TTM Sales (₹ Cr.)	341	351
BVPS (₹.) ⓘ	32.3	32.3
Reserves (₹ Cr.) ⓘ	38	38
P/BV ⓘ	10.70	10.70
PE ⓘ	116.74	122.89

From the Market
52 Week Low / High (₹)	296.45 / 457.25
All Time Low / High (₹)	6.49 / 457.25
Market Cap (₹ Cr.)	596
Equity (₹ Cr.)	17.3
Face Value (₹)	10
Industry PE ⓘ	52.8

Management X-Ray of Race Eco Chain:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

31.79

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Race Eco Chain

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Race Eco Chain

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	42	42	35	55	50	16	59	157	269	338
Operating Expenses ⓘ	42	41	34	54	50	16	59	157	267	333
Manufacturing Costs	0	0	0	0	0	0	0	1	2	3
Material Costs	41	40	33	53	48	15	55	152	261	326
Employee Cost	0	0	1	1	1	1	1	2	2	2
Other Costs ⓘ	0	0	0	1	1	1	2	2	2	2
Operating Profit ⓘ	1	1	1	1	0	0	0	0	2	6
Operating Profit Margin (%)	1.2%	2.4%	2.4%	1.5%	-0.3%	-2.3%	-0.3%	0.1%	0.8%	1.6%
Other Income ⓘ	1	0	0	0	1	1	3	2	1	1
Interest ⓘ	1	1	1	1	1	1	1	0	1	3
Depreciation ⓘ	0	0	0	0	0	0	0	0	0	1
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0	0	0	0	0	0	1	1	2	3
Tax ⓘ	0	0	0	0	0	0	0	0	0	1
Profit After Tax	0	0	0	0	0	0	1	1	1	2
PAT Margin (%)	0.2%	0.2%	0.4%	0.1%	0.1%	0.2%	1.7%	0.6%	0.5%	0.5%
Adjusted EPS (₹)	0.1	0.1	0.1	0.1	0.0	0.0	0.6	0.6	0.8	1.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	17	17	17	17	17	17	18	19	21	22
Share Capital ⓘ	16	16	16	16	16	16	16	16	16	16
Reserves ⓘ	0	0	1	1	1	1	2	3	4	6
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	6	4	6	4	7	7	7	5	15	37
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	6	4	6	4	7	7	7	5	15	37
Trade Payables	2	10	0	13	9	1	5	8	12	13
Others Liabilities ⓘ	0	0	1	4	2	2	2	2	1	1
Total Liabilities ⓘ	24	31	24	39	35	27	32	33	49	73
Fixed Assets
Gross Block	3	3	4	4	2	4	3	4	5	6
Accumulated Depreciation	1	1	1	2	0	2	2	2	2	3
Net Fixed Assetsⓘ	3	2	2	2	2	2	1	3	3	3
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	0	0	0	0	4	6	0	0	0	5
Inventories	4	11	1	10	7	4	4	0	1	1
Trade Receivables	9	16	18	15	10	6	15	17	37	53
Cash Equivalents	0	0	0	0	0	0	4	1	3	0
Others Assetsⓘ	9	2	2	10	12	9	8	12	6	11
Total Assets ⓘ	24	31	24	39	35	27	32	33	49	73

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-8	2	0	8	7	-4	-5	5	-15	-10
PBT ⓘ	0	0	0	0	0	0	1	1	2	3
Adjustment ⓘ	0	1	1	1	1	-4	0	0	1	3
Changes in Working Capital ⓘ	-9	1	-1	7	6	-0	-6	5	-18	-16
Tax Paid ⓘ	0	0	0	0	0	0	0	-1	0	0
Cash Flow From Investing Activity ⓘ	7	0	-1	-6	-8	5	10	-6	7	-11
Capex	0	0	-1	0	0	4	0	-1	-1	-1
Net Investments	0	0	0	0	-4	-1	6	0	0	-5
Others ⓘ	7	0	0	-6	-4	2	4	-4	7	-5
Cash Flow From Financing Activityⓘ	1	-2	1	-2	2	-1	-1	-2	10	18
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-1	-1	-1	-1	-1	-1	-1	0	-1	-3
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	2	-1	1	-1	3	0	0	-2	10	22
Net Cash Flow ⓘ	0	0	0	0	0	0	4	-3	2	-3

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	0.54	0.54	0.73	0.47	0.3	0.22	5.66	4.91	6.55	7.32
ROCE (%)	3.62	3.72	3.27	3.04	2.82	3.1	8.66	6.04	8.29	11.64
Asset Turnover Ratio	1.66	1.51	1.27	1.76	1.36	0.51	2	4.8	6.53	5.54
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	N/A	-5	5	-15	-5
Working Capital Days
Receivable Days	88	110	179	112	92	187	65	37	37	48
Inventory Days	35	63	59	36	62	121	26	5	1	1
Payable Days	33	51	55	47	86	129	21	15	13	14

Race Eco Chain Ltd Stock News

Race Eco Chain Ltd FAQs

What is the share price of Race Eco Chain?

Company share prices are keep on changing according to the market conditions. The closing price of Race Eco Chain on 22-Nov-2024 16:59 is ₹345.1.

What is the market cap of Race Eco Chain?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Nov-2024 16:59 the market cap of Race Eco Chain stood at ₹595.6.

What is the P/E ratio of Race Eco Chain?

The latest P/E ratio of Race Eco Chain as of 22-Nov-2024 16:59 is 116.7.

What is the P/B ratio of Race Eco Chain?

The latest P/B ratio of Race Eco Chain as of 22-Nov-2024 16:59 is 10.70.

What is the 52-week high and low of Race Eco Chain?

The 52-week high of Race Eco Chain is ₹457.2 and the 52-week low is ₹296.4.

What is the TTM revenue of Race Eco Chain?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Race Eco Chain is ₹341.3 ( Cr.) .

About Race Eco Chain Ltd

Anisha Impex was incorporated as â€˜Anisha Impex Private Limitedâ€™ a private limited company under the Companies Act, 1956 pursuant to Certificate of Incorporation dated November 22, 1999 issued by the Registrar of Companies, NCT of Delhi and Haryana. Subsequently, the company was converted into a public limited company and the name of the company was changed to â€˜Anisha Impex Limitedâ€™ pursuant to a Fresh Certificate of Incorporation dated September 10, 2013 issued by the Registrar of Companies, NCT of Delhi and Haryana.

Business area of the company

The company is currently engaged in the business of trading of fabrics. It is a multi-product fabric trading company and its range includes fabrics for bedding, windows dressing, decorative, pillows and accents, table linen, kitchen linen and other home furnishing fabrics. The company has a diverse product portfolio. It also participates in auctions carried out by authorised agents of customs and ports authorities to buy the confiscated textile materials auctioned by them. The company is able to get these textile materials at a cheaper rate from these auctions.

The company is currently serving the corporate and other clients from various spheres of textile industry. The companyâ€™s customers during FY 2013 include Alps Industries, Argon Denims, BBD Traders, Faishons Flasher India, Nagar Handloom amongst others.

Key events and milestones