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Race Eco Chain RACE.NS · INR

Industrials · NSE · 🇮🇳 India

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105.45

+0.58%

Close of 9 Nov 2026, in INR

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About Race Eco Chain

Its shares trade on NSE under the ticker RACE.NS. It has been listed since 18 March 2014. In the fiscal year to 31 March 2026, it reported revenue of ₹6.19bn and net income of ₹67.6m. At that date it held total assets of ₹2.16bn and shareholders' equity of ₹741.3m.

Race Eco Chain Ltd. engages in trading and marketing of fabrics and yarns. The company is headquartered in Noida, Uttar Pradesh. The company went IPO on 2014-03-18. The firm is engaged in the business of collection, segregation, transportation, trading, processing, composting, recycling, treatment and disposal of all types of waste and to carry on the business of collection, segregation, storage, transportation, trading, processing, composting, recycling, treatment and disposal of all types of scrap and by-products. Its segments include Recycle division, Restore division, Biomass division, and Other waste division. The company is involved in multiple waste types, such as PET Plastic Bottle Waste, Non-PET Plastic Recycling, Wastepaper, and Metal Waste. The company delivers sustainable biomass fuel for the industries through Mustard Briquettes, Sawdust Briquettes, and Groundnut Briquettes. The company provides Artificial Intelligence (AI) enabled app that uses blockchain for transactions to connect buyers and sellers. Its RACE Eco chain is involved in the aggregation of plastic waste and production of recycled products.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Commercial Services & Supplies
Listed since
18 Mar 2014
Employees
56

Leadership

Pay as last reported

  • Mr. Sunil MalikExecutive Chairman of the Board, Managing Director, since 1999₹900,000
  • Mr. Ravi MadanChief Executive Officer
  • Ms. Shiwati GandhiCompliance Officer, Company Secretary₹365,000
  • Mr. Anil BhelNon-Executive Non-Independent Director
  • Mr. Lalit MalikAdditional Non-Executive Director
  • Mr. Pranav VasanNon-Executive Director
  • Mr. Sanjay KukrejaNon-Executive Independent Director
  • Mrs. Seema MalikAdditional Non-Executive Independent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Company has a diversified waste management business with multiple divisions including Recycle, Restore, Biomass, and Other waste.
  • The company offers AI-enabled blockchain app for transactions connecting buyers and sellers in waste management.
  • Company provides sustainable biomass fuels such as Mustard, Sawdust, and Groundnut Briquettes for industrial use.

Weaknesses

  • Company has a small employee count of 56 full-time employees.
  • The company's website appears to be for a different entity (Anisha Impex) based on the URL.
  • The company's business description includes unverified claims about waste management and AI app.

Opportunities

  • Growing global focus on waste recycling and sustainable practices presents market opportunities.
  • Expansion into new waste types and markets could increase revenue streams.
  • The AI and blockchain technology could be leveraged for broader industry adoption.

Threats

  • The company's website URL does not match its stated business, raising credibility concerns.
  • The company's unverified claims about its AI app and waste management processes may lead to reputational risks.
  • Competition in the waste management sector could intensify with increasing environmental regulations.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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