Race Eco Chain Limited has informed the Exchange the Copy of Presentation on Financial Results for the Quarter ending on 30th June, 2025
RACE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Race Eco Chain submitted its Q1FY26 earnings presentation to the exchanges, showing consolidated revenue of ₹156.73 crore (up 81% YoY) with EBITDA rising 108% to ₹2.91 crore and PAT quadrupling to ₹0.41 crore. Growth was led by the plastic packaging waste segment, which posted 97% YoY revenue growth to ₹155.31 crore on a consolidated basis. The biofuel business, however, saw revenue collapse 95% YoY to ₹0.33 crore due to procurement chain disruptions, with management initiating a restructuring of the biomass supply chain. The presentation also highlighted the JV with Ganesha Ecosphere for rPET washing plants and a proposed demerger splitting the company into three listed entities (waste management, biomass briquettes, and recycled products).
Shareholders may benefit from potential value-unlocking through the proposed three-way demerger, but near-term caution is warranted given the biofuel segment's sharp revenue fall and thin consolidated EBITDA margin of around 1.86%.