About Race Eco Chain Limited
Data last updated:
Race Eco Chain Limited is a public limited company based in New Delhi, Delhi, India. It operates in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 22 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L37100DL1999PLC102506. Its GSTIN is 09AADCA1572H1ZS (Uttar Pradesh). It is a listed company as per MCA records. Its shares are listed on BSE: 537785 and NSE: RACE.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹17.26 Cr. It was formerly known as Race Ecological System Limited and Anisha Impex Private Limited. It is led by directors including Sunil Kumar Malik (Managing Director) and Sanjay Kukreja.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Shop No. 37, Shanker Market, New Delhi, Delhi, India – 110001.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹618.75 Cr, a growth of 11.5% compared to the previous year. For the same year it recorded a net profit of ₹6.75 Cr (net margin 1.1%) and EBITDA of ₹14.2 Cr (EBITDA margin 2.3%). The net worth stands at ₹74.13 Cr (up 3.6% YoY). Total assets are valued at ₹176.88 Cr (up 26.6% YoY).
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Anisha Impex and RACE Eco Chain. As per MCA filings, the company has open charges of ₹93.36 Cr and satisfied charges of ₹45.04 Cr on record. Court records list 23 cases involving the company, including 21 filed by the company and 2 filed against it; 17 cases are pending. The company has 26 deals on record (23 market trades, 1 funding round, 1 acquisition); the latest was in August 2025. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 85 overdue payments to 33 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website anishaimpex.com.
Company details
Name history
Race Eco Chain has undergone 4 name changes throughout its history. The current legal name is Race Eco Chain Limited.
| Company Name | Status |
|---|---|
| Race Eco Chain Limited | Current |
| Race Ecological System Limited | Previous |
| Anisha Impex Private Limited | Previous |
| Anisha Impex Limited | Previous |
CIN history
Race Eco Chain has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L37100DL1999PLC102506, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L37100DL1999PLC102506 | Current |
| U17101DL1999PTC102506 | Previous |
| L17101DL1999PLC102506 | Previous |
| U17101DL1999PLC102506 | Previous |
Contact details
Race Eco Chain Limited's registered office is in New Delhi, Delhi. Its website is anishaimpex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 37, Shanker Market, New Delhi, Delhi, India – 110001
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
To see the full contact details of Race Eco Chain Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Race Eco Chain operates two associated brands: Anisha Impex and RACE Eco Chain. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online gambling platforms, slots, poker, and lottery games are provided. | anishaimpex.com | |
| An online platform for trading recycled plastics is provided. | raceecochain.com |
Business activity
The main business activities of Race Eco Chain are trade and manufacturing. In detail, this covers retail trading and textile, leather and other apparel products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Race Eco Chain Limited, buy the company report.
Financials of Race Eco Chain Limited
FY 2025-26 filings availableRace Eco Chain Limited reported revenue of ₹618.75 Cr (up 11.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 619 | 555 | 347 | 269 |
| Revenue growth | +11.5% | +59.8% | +29.1% | - |
| EBITDA | 14.20 | 9.77 | 5.78 | 2.08 |
| EBITDA margin | +2.3% | +1.8% | +1.7% | +0.8% |
| Profit before tax | 9.17 | 5.56 | 2.74 | 1.78 |
| Net profit | 6.75 | 3.91 | 1.58 | 1.30 |
| Net profit margin | +1.1% | +0.7% | +0.5% | +0.5% |
| EPS (₹) | 4.23 | 2.26 | 0.94 | 0.79 |
| Balance sheet | ||||
| Total assets | 177 | 140 | 64.85 | 36.23 |
| Net worth | 74.13 | 71.57 | 22.21 | 20.57 |
| Total debt | 90.04 | 61.61 | 42.52 | 15.51 |
| Cash & bank | 15.59 | 5.27 | 0.44 | 3.10 |
| Net working capital | 117 | 98.39 | 52.26 | 32.96 |
| Cash flow | ||||
| Cash from operations | 18.87 | (42.86) | (8.53) | - |
| Cash from investing | (28.79) | (13.40) | (18.21) | - |
| Cash from financing | 20.24 | 61.10 | 24.07 | - |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 191 | 182 | 131 | 148 | 157 | 194 | 168 | 106 |
| Revenue growth (YoY) | +21.9% | -5.9% | -22.2% | +39.7% | +81.3% | - | - | - |
| Other income | 1.04 | 1.15 | 1.77 | 1.70 | 0.35 | 0.44 | 0.28 | 0.10 |
| EBITDA | 3.58 | 4.28 | 3.34 | 3.67 | 2.91 | 3.41 | 3.04 | 1.86 |
| EBITDA margin | +1.9% | +2.3% | +2.5% | +2.5% | +1.9% | +1.8% | +1.8% | +1.7% |
| Depreciation | 0.76 | 0.51 | 0.51 | 0.52 | 0.25 | 0.22 | 0.18 | 0.17 |
| Interest | 2.47 | 2.51 | 2.06 | 1.98 | 1.65 | 1.55 | 0.75 | 1.01 |
| Profit before tax | 1.39 | 2.41 | 2.54 | 2.87 | 1.36 | 2.08 | 2.39 | 0.78 |
| Tax | 0.36 | 0.45 | 0.59 | (0.09) | 0.94 | 0.49 | 0.61 | 0.04 |
| Net profit | 1.03 | 1.96 | 1.95 | 2.96 | 0.42 | 1.59 | 1.78 | 0.74 |
| EPS (₹) | 0.60 | 1.14 | 1.10 | 1.67 | 1.13 | 0.89 | 1.00 | 2.34 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 382 | 460 | 338 | 269 | 157 | 58.72 | 15.83 |
| Revenue growth | -17.1% | +36.0% | +25.8% | +71.2% | +167.7% | +270.9% | - |
| EBITDA | 9.92 | 8.44 | 5.53 | 2.08 | 0.19 | (0.16) | (0.35) |
| EBITDA margin | +2.6% | +1.8% | +1.6% | +0.8% | +0.1% | -0.3% | -2.2% |
| Profit before tax | 3.54 | 4.76 | 2.70 | 1.78 | 1.06 | 1.47 | 0.03 |
| Net profit | 2.27 | 3.75 | 1.59 | 1.29 | 0.44 | 1.14 | (0.17) |
| Net profit margin | +0.6% | +0.8% | +0.5% | +0.5% | +0.3% | +1.9% | -1.1% |
| EPS (₹) | 1.33 | 2.18 | 0.95 | 0.79 | 0.56 | 0.61 | 0.02 |
| Balance sheet | |||||||
| Total assets | 152 | 130 | 59.17 | 36.23 | 24.46 | 25.06 | 24.18 |
| Net worth | 69.27 | 71.20 | 22.23 | 20.57 | 19.26 | 18.11 | 17.12 |
| Total debt | 82.31 | 58.56 | 36.84 | 15.51 | 5.09 | 6.67 | 6.78 |
| Cash & bank | 8.17 | 4.34 | 0.40 | 3.10 | 1.10 | 4.13 | 0.18 |
| Net working capital | 106 | 91.54 | 50.94 | 32.96 | 20.96 | 23.76 | 8.24 |
| Cash flow | |||||||
| Cash from operations | 14.05 | (28.32) | (10.09) | (14.59) | 4.86 | (5.10) | (3.99) |
| Cash from investing | (26.37) | (31.66) | (11.11) | 6.65 | (5.77) | 9.76 | 4.73 |
| Cash from financing | 16.15 | 63.91 | 18.51 | 9.94 | (1.99) | (0.71) | (0.87) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 93.18 | 108 | 78.65 | 96.11 | 98.81 | 139 | 129 | 106 |
| Revenue growth (YoY) | -5.7% | -22.2% | -38.9% | -9.6% | +14.7% | - | - | - |
| Other income | 1.04 | 0.81 | 0.63 | 0.55 | 0.43 | 0.53 | 0.34 | 0.10 |
| Total expenses | 90.89 | 105 | 76.35 | 93.59 | 96.85 | 136 | 126 | 104 |
| EBITDA | 2.29 | 3.06 | 2.30 | 2.52 | 1.96 | 2.69 | 2.41 | 1.86 |
| EBITDA margin | +2.5% | +2.8% | +2.9% | +2.6% | +2.0% | +1.9% | +1.9% | +1.7% |
| Depreciation | 0.43 | 0.30 | 0.34 | 0.30 | 0.16 | 0.18 | 0.17 | 0.17 |
| Interest | 2.11 | 2.26 | 1.92 | 1.87 | 1.55 | 1.48 | 0.73 | 1.00 |
| Profit before tax | 0.79 | 1.31 | 0.67 | 0.90 | 0.68 | 1.56 | 1.85 | 0.79 |
| Tax | 0.17 | 0.50 | 0.44 | (0.26) | 0.59 | 0.29 | 0.46 | 0.04 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 191 | 182 | 131 | 148 | 157 | 194 | 168 | 106 |
| Revenue growth (YoY) | +21.9% | -5.9% | -22.2% | +39.7% | +81.3% | - | - | - |
| Other income | 1.04 | 1.15 | 1.77 | 1.70 | 0.35 | 0.44 | 0.28 | 0.10 |
| EBITDA | 3.58 | 4.28 | 3.34 | 3.67 | 2.91 | 3.41 | 3.04 | 1.86 |
| EBITDA margin | +1.9% | +2.3% | +2.5% | +2.5% | +1.9% | +1.8% | +1.8% | +1.7% |
| Depreciation | 0.76 | 0.51 | 0.51 | 0.52 | 0.25 | 0.22 | 0.18 | 0.17 |
| Interest | 2.47 | 2.51 | 2.06 | 1.98 | 1.65 | 1.55 | 0.75 | 1.01 |
| Profit before tax | 1.39 | 2.41 | 2.54 | 2.87 | 1.36 | 2.08 | 2.39 | 0.78 |
| Tax | 0.36 | 0.45 | 0.59 | (0.09) | 0.94 | 0.49 | 0.61 | 0.04 |
| Net profit | 1.03 | 1.96 | 1.95 | 2.96 | 0.42 | 1.59 | 1.78 | 0.74 |
| EPS (₹) | 0.60 | 1.14 | 1.10 | 1.67 | 1.13 | 0.89 | 1.00 | 2.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 619 | 555 | 347 | 269 |
| Revenue growth | +11.5% | +59.8% | +29.1% | - |
| Other income | 4.97 | 0.96 | 0.70 | 0.85 |
| Total expenses | 605 | 545 | 342 | 267 |
| Employee cost | 0.00 | 2.72 | 1.96 | 2.20 |
| EBITDA | 14.20 | 9.77 | 5.78 | 2.08 |
| EBITDA margin | +2.3% | +1.8% | +1.7% | +0.8% |
| Depreciation | 1.80 | 0.87 | 0.80 | 0.44 |
| Interest | 8.20 | 4.30 | 2.94 | 0.71 |
| Profit before tax | 9.17 | 5.56 | 2.74 | 1.78 |
| Tax | 1.89 | 1.35 | 1.18 | 0.48 |
| Net profit | 6.75 | 3.91 | 1.58 | 1.30 |
| Net profit margin | +1.1% | +0.7% | +0.5% | +0.5% |
| EPS (₹) | 4.23 | 2.26 | 0.94 | 0.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 17.26 | 17.26 | 16.43 | 16.43 |
| Reserves & surplus | 39.67 | 37.11 | 5.78 | 4.14 |
| Shareholders' funds (net worth) | 74.13 | 71.57 | 22.21 | 20.57 |
| Minority interest | 12.38 | 6.36 | 0.03 | 0.00 |
| Secured loans | 83.94 | 54.84 | 13.11 | 7.22 |
| Unsecured loans | 6.10 | 6.77 | 29.41 | 8.29 |
| Total debt | 90.04 | 61.61 | 42.52 | 15.51 |
| Total liabilities | 177 | 140 | 64.85 | 36.23 |
| Assets | ||||
| Gross block | 22.09 | 14.11 | 5.36 | 5.21 |
| Net block | 16.60 | 10.42 | 2.79 | 2.91 |
| Capital work in progress | 5.08 | 0.52 | 8.05 | 0.00 |
| Investments | 12.09 | 14.33 | 1.41 | 0.00 |
| Inventories | 2.80 | 1.24 | 0.96 | 0.62 |
| Sundry debtors | 99.93 | 119 | 55.11 | 36.65 |
| Cash & bank balances | 15.59 | 5.27 | 0.44 | 3.10 |
| Loans & advances | 37.53 | 15.11 | 13.84 | 5.54 |
| Total current assets | 156 | 141 | 70.35 | 45.91 |
| Total current liabilities | 38.62 | 42.64 | 18.09 | 12.95 |
| Net working capital | 117 | 98.39 | 52.26 | 32.96 |
| Total assets | 177 | 140 | 64.85 | 36.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | 5.27 | 0.44 | 3.10 | - |
| Net cash from operating activities | 18.87 | (42.86) | (8.53) | - |
| Net cash from investing activities | (28.79) | (13.40) | (18.21) | - |
| Net cash from financing activities | 20.24 | 61.10 | 24.07 | - |
| Net change in cash | 10.32 | 4.83 | (2.66) | - |
| Closing cash | 15.59 | 5.27 | 0.44 | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +11.5% | +59.8% | +29.1% | - |
| EBITDA growth | +45.3% | +69.0% | +177.9% | - |
| PBT growth | +64.9% | +102.9% | +53.9% | +9997.0% |
| Net income growth | +72.6% | +147.5% | +21.5% | - |
| Revenue CAGR (3Y) | +32.0% | - | - | - |
| EBITDA CAGR (3Y) | +89.7% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +1.2% | +0.8% | +0.5% | +0.5% |
| Return on capital employed | - | +9.9% | +11.2% | - |
| Return on net worth | - | +8.9% | +7.3% | - |
| Debt / equity | - | 1.11 | 1.36 | - |
| Long-term debt / equity | - | 0.06 | 0.13 | - |
| Interest cover | 66.13 | 48.31 | 59.04 | 43.29 |
| Efficiency & per share | ||||
| Fixed asset turnover | - | 58.19 | 65.75 | - |
| Inventory turnover | - | 504.64 | 439.85 | - |
| Debtors turnover | - | 6.36 | 7.57 | - |
| EPS (₹) | 4.23 | 2.26 | 0.94 | 0.79 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 31.51 | 13.52 | 12.52 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 93.18 | 108 | 78.65 | 96.11 | 98.81 | 139 | 129 | 106 |
| Revenue growth (YoY) | -5.7% | -22.2% | -38.9% | -9.6% | +14.7% | - | - | - |
| Other income | 1.04 | 0.81 | 0.63 | 0.55 | 0.43 | 0.53 | 0.34 | 0.10 |
| Total expenses | 90.89 | 105 | 76.35 | 93.59 | 96.85 | 136 | 126 | 104 |
| EBITDA | 2.29 | 3.06 | 2.30 | 2.52 | 1.96 | 2.69 | 2.41 | 1.86 |
| EBITDA margin | +2.5% | +2.8% | +2.9% | +2.6% | +2.0% | +1.9% | +1.9% | +1.7% |
| Depreciation | 0.43 | 0.30 | 0.34 | 0.30 | 0.16 | 0.18 | 0.17 | 0.17 |
| Interest | 2.11 | 2.26 | 1.92 | 1.87 | 1.55 | 1.48 | 0.73 | 1.00 |
| Profit before tax | 0.79 | 1.31 | 0.67 | 0.90 | 0.68 | 1.56 | 1.85 | 0.79 |
| Tax | 0.17 | 0.50 | 0.44 | (0.26) | 0.59 | 0.29 | 0.46 | 0.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 382 | 460 | 338 | 269 | 157 | 58.72 | 15.83 |
| Revenue growth | -17.1% | +36.0% | +25.8% | +71.2% | +167.7% | +270.9% | - |
| Other income | 2.42 | 1.11 | 0.67 | 0.85 | 1.62 | 2.50 | 1.41 |
| Total expenses | 372 | 452 | 333 | 267 | 157 | 58.88 | 16.18 |
| Employee cost | 2.47 | 2.41 | 1.96 | 2.20 | 1.63 | 1.00 | 0.71 |
| EBITDA | 9.92 | 8.44 | 5.53 | 2.08 | 0.19 | (0.16) | (0.35) |
| EBITDA margin | +2.6% | +1.8% | +1.6% | +0.8% | +0.1% | -0.3% | -2.2% |
| Depreciation | 1.10 | 0.68 | 0.66 | 0.44 | 0.33 | 0.23 | 0.30 |
| Interest | 7.70 | 4.11 | 2.84 | 0.71 | 0.42 | 0.64 | 0.73 |
| Profit before tax | 3.54 | 4.76 | 2.70 | 1.78 | 1.06 | 1.47 | 0.03 |
| Tax | 1.27 | 1.01 | 1.13 | 0.49 | 0.15 | 0.48 | (0.02) |
| Net profit | 2.27 | 3.75 | 1.59 | 1.29 | 0.44 | 1.14 | (0.17) |
| Net profit margin | +0.6% | +0.8% | +0.5% | +0.5% | +0.3% | +1.9% | -1.1% |
| EPS (₹) | 1.33 | 2.18 | 0.95 | 0.79 | 0.56 | 0.61 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.26 | 17.26 | 16.43 | 16.43 | 16.43 | 16.43 | 16.43 |
| Reserves & surplus | 34.81 | 36.74 | 5.80 | 4.14 | 2.83 | 1.68 | 0.69 |
| Shareholders' funds (net worth) | 69.27 | 71.20 | 22.23 | 20.57 | 19.26 | 18.11 | 17.12 |
| Secured loans | 82.21 | 54.84 | 13.11 | 10.57 | 4.18 | 3.83 | 6.71 |
| Unsecured loans | 0.10 | 3.72 | 23.73 | 4.94 | 0.91 | 2.84 | 0.07 |
| Total debt | 82.31 | 58.56 | 36.84 | 15.51 | 5.09 | 6.67 | 6.78 |
| Total liabilities | 152 | 130 | 59.17 | 36.23 | 24.46 | 25.06 | 24.18 |
| Assets | |||||||
| Gross block | 10.91 | 6.19 | 5.06 | 5.21 | 4.50 | 2.60 | 3.87 |
| Net block | 6.20 | 2.58 | 2.79 | 2.91 | 2.64 | 1.07 | 1.62 |
| Capital work in progress | 0.17 | 0.01 | 0.00 | 0.00 | 0.00 | 0.10 | 0.00 |
| Investments | 21.52 | 21.48 | 5.20 | 0.00 | 0.00 | 0.00 | 5.56 |
| Inventories | 0.00 | 1.09 | 0.83 | 0.62 | 0.29 | 4.44 | 3.79 |
| Sundry debtors | 77.17 | 95.10 | 53.22 | 36.65 | 17.21 | 14.57 | 6.31 |
| Cash & bank balances | 8.17 | 4.34 | 0.40 | 3.10 | 1.10 | 4.13 | 0.18 |
| Loans & advances | 41.76 | 16.07 | 10.56 | 5.54 | 11.56 | 7.73 | 0.66 |
| Total current assets | 127 | 117 | 65.01 | 45.91 | 30.16 | 30.87 | 10.94 |
| Total current liabilities | 21.09 | 25.06 | 14.07 | 12.95 | 9.20 | 7.11 | 2.70 |
| Net working capital | 106 | 91.54 | 50.94 | 32.96 | 20.96 | 23.76 | 8.24 |
| Total assets | 152 | 130 | 59.17 | 36.23 | 24.46 | 25.06 | 24.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.34 | 0.40 | 3.09 | 1.10 | 4.13 | 0.18 | 0.32 |
| Net cash from operating activities | 14.05 | (28.32) | (10.09) | (14.59) | 4.86 | (5.10) | (3.99) |
| Net cash from investing activities | (26.37) | (31.66) | (11.11) | 6.65 | (5.77) | 9.76 | 4.73 |
| Net cash from financing activities | 16.15 | 63.91 | 18.51 | 9.94 | (1.99) | (0.71) | (0.87) |
| Net change in cash | 3.82 | 3.94 | (2.69) | 2.00 | (2.89) | 3.95 | (0.14) |
| Closing cash | 8.17 | 4.34 | 0.40 | 3.10 | 1.10 | 4.13 | 0.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -17.1% | +36.0% | +25.8% | +71.2% | +167.7% | +270.9% | - |
| EBITDA growth | +17.5% | +52.6% | +165.9% | +994.7% | +218.8% | +54.3% | - |
| PBT growth | -25.6% | +76.3% | +51.7% | +67.9% | -27.9% | +4800.0% | -57.1% |
| Net income growth | -39.5% | +135.9% | +23.3% | +193.2% | -61.4% | +770.6% | - |
| Revenue CAGR (3Y) | +12.4% | +43.1% | +79.3% | +157.1% | +46.3% | +2.1% | -23.3% |
| EBITDA CAGR (3Y) | +68.3% | +254.2% | - | - | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +0.6% | +0.8% | +0.5% | +0.5% | +0.6% | +1.7% | +0.3% |
| Return on capital employed | +8.0% | +9.4% | +11.6% | +8.2% | +3.7% | +9.5% | +2.0% |
| Return on net worth | +3.3% | +8.1% | +7.3% | +6.5% | +2.4% | +6.5% | -1.1% |
| Debt / equity | 1.00 | 1.02 | 1.22 | 0.52 | 0.31 | 0.38 | 0.40 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 |
| Interest cover | 87.30 | 52.96 | 58.32 | 43.29 | -300.00 | -164.10 | -112.31 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 44.66 | 81.83 | 65.92 | 55.42 | 44.28 | 18.15 | 4.20 |
| Inventory turnover | 700.59 | 479.48 | 466.90 | 591.38 | 66.47 | 14.27 | 3.00 |
| Debtors turnover | 4.43 | 6.21 | 7.53 | 9.99 | 9.89 | 5.62 | 1.95 |
| EPS (₹) | 1.33 | 2.18 | 0.95 | 0.79 | 0.56 | 0.61 | 0.02 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 30.17 | 31.29 | 13.53 | 12.52 | 11.72 | 11.02 | 10.42 |
To see the full year-wise statements and ratios of Race Eco Chain Limited, buy the company report.
Board of directors of Race Eco Chain Limited
Race Eco Chain has 6 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Malik Also directs: Kalyan Capitals Limited, Vista Fashions Private Limited, Vista Furnishing Limited and 5 more | Managing Director | 22 Nov 1999 | 26 Years 11 Months | Current |
| Sanjay Kukreja Also directs: Aaas Opportunities LLP | Director | 20 Jul 2019 | 7 Years 3 Months | Current |
| Pranav Vasan | Director | 12 Apr 2019 | 7 Years 6 Months | Current |
| Anil Kumar Behl | Director | 31 Aug 2022 | 4 Years 1 Months | Current |
| Lalit Kumar Malik Also directs: Aniaryan Farms and Resorts Private Limited | Director | 02 Jan 2023 | 3 Years 9 Months | Current |
| Seema Malik Also directs: Fabwise India Private Limited | Director | 30 Jun 2023 | 3 Years 3 Months | Current |
Auditor
Race Eco Chain Limited is audited by Garg Arun & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Garg Arun & Associates | FY 2024 | 08180N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 44.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.60% and retail and other public shareholders hold 54.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 44.80% | 44.80% | 44.80% | 44.80% |
| Public | 55.20% | 55.20% | 55.20% | 55.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2026 | 101336815 | Others | ₹9.35 Cr | Open | |
| 30 Sep 2024 | 100988523 | Others | ₹7 Cr | Open | |
| 11 Oct 2023 | 100819196 | Others | ₹47 Cr | Open | |
| 29 Apr 2023 | 100715073 | Others | ₹30 Cr | Open | |
| 15 Dec 2017 | 100153014 | City Union Bank Limited | ₹80,000 | Open |
To see the full charge records of Race Eco Chain Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Race Eco Chain Limited has 26 deals on record (23 market trades, 1 funding round, 1 acquisition); the latest was in August 2025.
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2025 | Market trade | ₹3.5 Cr | Seller: Runit Exim Private Limited |
| Jun 2024 | Funding round | Undisclosed | Investors: Ganesha Ecosphere Limited |
| May 2023 | Market trade | ₹2.02 Cr | Buyer: Share India Algoplus Private Limited Seller: an individual |
| May 2023 | Market trade | ₹2.66 Cr | Buyer: Share India Algoplus Private Limited |
| Sep 2021 | Market trade | ₹9.64 Cr | Buyer: Mansingh Hotels and Resorts Limited Seller: Share India Securities Limited |
To see the full deal history of Race Eco Chain Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Race Eco Chain Limited has 23 court cases on record: 21 filed by Race Eco Chain, 2 filed against it. 17 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 2 | 17 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed by the company against M/S SRB Papertech Pvt. Ltd. | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed by the company against M/S Prabhdev Industries Pvt. Ltd. | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed by the company against M/S Sitarganj Fibers Ltd. | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed by the company against M/S Halifax Greentech | Pending |
To see the full case history of Race Eco Chain Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Race Eco Chain Limited was last rated by Crisil on 31 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Aug 2020 |
To see the full credit ratings and regulatory alerts of Race Eco Chain Limited, buy the company report.
MSME payment delays
Race Eco Chain Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 85 overdue payments to 33 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Shri Mahavir Polypet | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Race Eco Chain Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Race Eco Chain Limited has a workforce of 7 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Race Eco Chain has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCA1572H1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Race Eco Chain Limited, buy the company report.
Recent activity
Race Eco Chain Limited has 27 board changes on record since 1999: 7 appointments and 20 cessations. The latest: Mamta Gupta ceased to be Additional Director on 21 Dec 2023.
49 earlier events are in the company report.
News
Frequently asked questions
Race Eco Chain is an active public limited company based in New Delhi, Delhi, India. The company works in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 22 November 1999 (27+ years old) and is registered under CIN L37100DL1999PLC102506. Listed on BSE: 537785 and NSE: RACE.
Race Eco Chain reported revenue of ₹618.75 Cr for FY 2025-26 (up 11.5% YoY) based on consolidated financials.
Race Eco Chain has 6 current directors:
- Sunil Kumar Malik - Managing Director
- Sanjay Kukreja - Director
- Pranav Vasan - Director
- Anil Kumar Behl - Director
- Lalit Kumar Malik - Director
- Seema Malik - Director
The latest financial statements of Race Eco Chain on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Race Eco Chain is 09AADCA1572H1ZS, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Race Eco Chain is L37100DL1999PLC102506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Race Eco Chain is a listed company as per MCA records. Its shares are listed on both BSE (code: 537785) and NSE (symbol: RACE).
Race Eco Chain has 23 court cases on record: 21 filed by the company and 2 filed against it. 17 are pending. Most are in the district courts.
Race Eco Chain was incorporated on 22 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
Race Eco Chain has 26 deals on record (23 market trades, 1 funding round, 1 acquisition); the latest was in August 2025.
Mamta Gupta ceased to be Additional Director on 21 Dec 2023. Piyanshu Sharma ceased to be Additional Director on 24 Sep 2023. Piyanshu Sharma was appointed as CFO on 12 Aug 2023. Race Eco Chain has 27 board changes on record in total.