Race Eco Chain Limited, together with its subsidiaries, engages in waste management activities in India. It operates through Misc. Old Economy Products, Recycle Division, Restore Division, Biomass Division, and IT Division segments. The company is involved in the collection and supply of recyclable waste, such as PET plastic bottle waste, non-PET plastic recycling, wastepaper, metal waste, and other wastes; and sale of biomass briquettes, such as mustard, sawdust, and groundnut briquettes. It also engages in supply chain management services; manufacture of various recycled products, including bags, cushions, curtains, table mats, home furnishing, madeup, and garments under the Restore brand; sale of fabric and other textile products; and development of IT enabled applications. The company offers its services to brands, recyclers, and waste suppliers. The company was formerly known as Anisha Impex Limited and changed its name to Race Eco Chain Limited in January 2021. Race Eco Chain Limited was incorporated in 1999 and is based in Ghaziabad, India.
Metrics to compare | RACE | Peers Peers - average of corresponding metrics from companies closely matching RACE: 532001, KSHITIJPOL, 543312, 544030, 534190 | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipRACEPeersSector |
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P/E Ratio | 90.4x | −1.8x | 12.7x | |
PEG Ratio | - | 0.06 | 0.03 | |
Price/Book | 5.2x | 1.9x | 1.4x | |
Price / LTM Sales | 0.6x | 1.1x | 1.3x | |
Upside (Analyst Target) | - | 28.8% | 16.1% | |
Fair Value Upside | Unlock | 13.7% | 4.8% | Unlock |