Indian Company Master Data Made Simple
Race Eco Chain Limited
Race Eco Chain Limited, with incorporation dating back to 1999, brings more than 2 decades of expertise. It is registered under CIN L37100DL1999PLC102506 and registration number 102506. Race Eco Chain Limited is registered as company limited by shares. Authorized share capital stands at ₹25.00 crore. Its paid up capital is ₹17.26 crore.
Its primary business activity involves recycling. Its registered office is located in Delhi. The registered address is listed as Shop No. 37, Shanker Market, Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001. The company maintains an active registration. Its registered PAN is AADCA1572H as per government records. The entity’s LEI (Legal Entity Identifier) number is 894500GLPU34ATW8ZW35. For inquiries or official matters, please email cs@raceecochain.com. The company’s top executive team comprises Piyanshu Sharma (CFO).
Company Overview
- CIN
- Date of Incorporation
- 21/11/1999
- Company Status
- Active
- RoC
- Delhi
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹25,00,00,000.00
- Paid up Capital
- ₹17,25,72,000.00
- Activity
- Recycling
- cs@raceecochain.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Delhi | 07AADCA1572H1ZW | Active |
| Rajasthan | 08AADCA1572H1ZU | Active |
| Uttar Pradesh | 09AADCA1572H1ZS | Active |
| Uttarakhand | 05AADCA1572H1Z0 | Inactive |
| West Bengal | 19AADCA1572H1ZR | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| INE084Q01012 | RACE ECO CHAIN LIMITED EQ | - | 12/10/2026 | RACE ECO/SH VTG | ESVUFN |
| IN8084Q01011 | RACE ECO CHAIN LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | RACE ECO/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| Net PPE | ₹2,921.02L | ₹1,260.77L | ₹1,081.13L | ₹286.74L |
| Net Debt | ₹7,453.04L | ₹5,624.21L | ₹3,664.66L | ₹1,241.24L |
| Goodwill | ₹10.04L | ₹1.25L | ₹0.00L | ₹0.00L |
| Gross PPE | ₹3,462.98L | ₹1,623.24L | ₹1,411.81L | ₹511.22L |
| Inventory | ₹280.16L | ₹124.05L | ₹96.36L | ₹61.53L |
| Total Debt | ₹9,004.84L | ₹6,161.29L | ₹4,251.67L | ₹1,550.98L |
| Common Stock | ₹1,725.72L | ₹1,725.72L | ₹1,643.22L | ₹1,643.22L |
| Current Debt | ₹8,842.96L | ₹6,150.39L | ₹3,708.16L | ₹1,531.27L |
| Share Issued | ₹172.57L | ₹172.57L | ₹164.32L | ₹164.32L |
| Total Assets | ₹21,550.98L | ₹18,233.56L | ₹8,296.10L | ₹4,917.99L |
| Capital Stock | ₹1,725.72L | ₹1,725.72L | ₹1,643.22L | ₹1,643.22L |
| Long Term Debt | ₹153.09L | ₹0.00L | ₹0.00L | ₹19.71L |
| Current Assets | ₹15,585.24L | ₹14,101.54L | ₹7,034.47L | ₹4,590.45L |
| Prepaid Assets | ₹1,884.25L | ₹852.93L | ₹202.13L | ₹119.27L |
| Working Capital | ₹2,877.47L | ₹3,684.65L | ₹1,498.33L | ₹1,764.52L |
| Invested Capital | ₹16,408.80L | ₹13,307.82L | ₹5,929.22L | ₹3,607.96L |
| Other Properties | ₹194.11L | ₹85.16L | ₹71.02L | ₹64.92L |
| Retained Earnings | ₹1,638.45L | ₹960.75L | ₹545.39L | ₹283.44L |
| Common Stock Equity | ₹7,412.75L | ₹7,157.43L | ₹2,221.06L | ₹2,056.98L |
| Net Tangible Assets | ₹7,399.32L | ₹7,153.15L | ₹2,217.75L | ₹2,053.16L |
| Tangible Book Value | ₹7,399.32L | ₹7,153.15L | ₹2,217.75L | ₹2,053.16L |
| Current Liabilities | ₹12,707.77L | ₹10,416.89L | ₹5,536.14L | ₹2,825.93L |
| Long Term Provisions | ₹33.05L | ₹14.75L | ₹9.82L | ₹15.37L |
| Stockholders Equity | ₹7,412.75L | ₹7,157.43L | ₹2,221.06L | ₹2,056.98L |
| Other Equity Interest | ₹1,720.40L | ₹1,720.40L | ₹577.84L | ₹413.76L |
| Total Capitalization | ₹7,565.84L | ₹7,157.43L | ₹2,221.06L | ₹2,076.69L |
| Ordinary Shares Number | ₹172.57L | ₹172.57L | ₹164.32L | ₹164.32L |
| Other Intangible Assets | ₹3.39L | ₹3.03L | ₹3.31L | ₹3.82L |
| Other Non Current Assets | ₹0.03L | -₹0.02L | ₹8.80L | -₹0.01L |
| Total Non Current Assets | ₹5,965.74L | ₹4,132.02L | ₹1,261.63L | ₹327.54L |
| Cash And Cash Equivalents | ₹1,543.01L | ₹526.18L | ₹43.50L | ₹309.74L |
| Construction In Progress | ₹1,274.47L | ₹222.90L | ₹262.53L | ₹0.00L |
| Accumulated Depreciation | -₹541.96L | -₹362.47L | -₹330.68L | -₹224.48L |
| Additional Paid In Capital | ₹2,821.50L | ₹2,821.50L | ₹0.00L | ₹0.00L |
| Other Short Term Investments | ₹16.00L | ₹0.50L | ₹35.17L | ₹17.47L |
| Other Non Current Liabilities | ₹0.02L | ₹0.02L | ₹0.01L | ₹0.00L |
| Machinery Furniture Equipment | ₹1,036.01L | ₹424.87L | ₹285.52L | ₹210.02L |
| Goodwill And Other Intangible Assets | ₹13.43L | ₹4.28L | ₹3.31L | ₹3.82L |
| Total Equity Gross Minority Interest | ₹8,650.56L | ₹7,793.10L | ₹2,223.72L | ₹2,056.98L |
| Total Liabilities Net Minority Interest | ₹12,900.42L | ₹10,440.46L | ₹6,072.38L | ₹2,861.01L |
| Current Debt And Capital Lease Obligation | ₹8,845.26L | ₹6,152.49L | ₹3,727.24L | ₹1,531.27L |
| Long Term Debt And Capital Lease Obligation | ₹159.58L | ₹8.80L | ₹524.43L | ₹19.71L |
| Cash Cash Equivalents And Short Term Investments | ₹1,559.01L | ₹526.68L | ₹43.50L | ₹309.74L |
| Total Non Current Liabilities Net Minority Interest | ₹192.65L | ₹23.57L | ₹536.24L | ₹35.08L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | ₹628.12L | -₹5,172.79L | -₹1,756.96L | -₹1,530.73L | ₹0.00L |
| Changes In Cash | ₹1,032.35L | ₹483.16L | -₹266.24L | ₹200.12L | ₹0.00L |
| End Cash Position | ₹1,559.01L | ₹526.68L | ₹43.50L | ₹309.74L | ₹0.00L |
| Financing Cash Flow | ₹2,023.53L | ₹6,109.86L | ₹2,407.21L | ₹994.13L | ₹0.00L |
| Investing Cash Flow | -₹2,878.53L | -₹1,340.41L | -₹1,820.63L | ₹664.72L | ₹0.00L |
| Operating Cash Flow | ₹1,887.35L | -₹4,286.29L | -₹852.82L | -₹1,458.73L | ₹0.00L |
| Capital Expenditure | -₹1,259.23L | -₹886.50L | -₹904.14L | -₹72.00L | ₹0.00L |
| Beginning Cash Position | ₹526.67L | ₹43.50L | ₹309.74L | ₹109.62L | ₹0.00L |
| Issuance Of Capital Stock | ₹0.00L | ₹4,624.40L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | -₹0.01L | ₹0.02L | ₹0.01L | ₹0.01L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | ₹1,684.85L | ₹968.28L | ₹550.42L | ₹248.82L | ₹0.00L |
| EBITDA | ₹1,864.47L | ₹1,055.26L | ₹630.59L | ₹293.16L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹676.42L | ₹389.29L | ₹154.91L | ₹130.48L | ₹0.00L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹2,204.48L | ₹1,534.17L | ₹1,021.83L | ₹640.95L | ₹0.00L |
| Pretax Income | ₹917.78L | ₹554.58L | ₹272.91L | ₹178.86L | ₹0.00L |
| Tax Provision | ₹188.31L | ₹135.10L | ₹118.20L | ₹48.38L | ₹0.00L |
| Total Revenue | ₹61,875.49L | ₹55,509.53L | ₹34,748.14L | ₹26,908.49L | ₹0.00L |
| Cost Of Revenue | ₹59,671.01L | ₹53,975.36L | ₹33,726.31L | ₹26,267.54L | ₹0.00L |
| Total Expenses | ₹60,582.23L | ₹54,609.71L | ₹34,203.22L | ₹26,734.39L | ₹0.00L |
| Interest Income | ₹108.29L | ₹75.58L | ₹43.33L | ₹55.39L | ₹0.00L |
| Interest Expense | ₹767.07L | ₹413.70L | ₹277.51L | ₹69.96L | ₹0.00L |
| Operating Income | ₹1,293.26L | ₹899.82L | ₹544.92L | ₹174.10L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹1,867.21L | ₹1,056.29L | ₹653.93L | ₹275.27L | ₹0.00L |
| Normalized Income | ₹678.60L | ₹390.07L | ₹171.25L | ₹117.94L | ₹0.00L |
| Operating Expense | ₹911.22L | ₹634.35L | ₹476.91L | ₹466.85L | ₹0.00L |
| Operating Revenue | ₹61,875.49L | ₹55,509.53L | ₹34,748.14L | ₹26,908.49L | ₹0.00L |
| Net Interest Income | -₹723.22L | -₹354.40L | -₹250.66L | -₹15.36L | ₹0.00L |
| Total Unusual Items | -₹2.74L | -₹1.03L | -₹23.34L | ₹17.89L | ₹0.00L |
| Basic Average Shares | ₹172.57L | ₹172.57L | ₹168.55L | ₹164.32L | ₹0.00L |
| Diluted Average Shares | ₹172.57L | ₹175.06L | ₹168.55L | ₹164.32L | ₹0.00L |
| Total Other Finance Cost | ₹64.44L | ₹16.28L | ₹16.48L | ₹0.79L | ₹0.00L |
| Other Operating Expenses | -₹14.55L | ₹1.27L | -₹17.20L | ₹4.46L | ₹0.00L |
| Reconciled Depreciation | ₹179.62L | ₹86.98L | ₹80.17L | ₹44.34L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹59,671.01L | ₹53,975.36L | ₹33,726.31L | ₹26,267.54L | ₹0.00L |
| Rent Expense Supplemental | ₹68.61L | ₹16.15L | ₹3.51L | ₹7.39L | ₹0.00L |
| Tax Effect Of Unusual Items | -₹0.56L | -₹0.25L | -₹7.00L | ₹5.35L | ₹0.00L |
| Interest Income Non Operating | ₹108.29L | ₹75.58L | ₹43.33L | ₹55.39L | ₹0.00L |
| Selling And Marketing Expense | ₹30.30L | ₹18.77L | ₹17.08L | ₹4.64L | ₹0.00L |
| Interest Expense Non Operating | ₹767.07L | ₹413.70L | ₹277.51L | ₹69.96L | ₹0.00L |
| Net Income Common Stockholders | ₹676.42L | ₹389.29L | ₹154.91L | ₹130.48L | ₹0.00L |
| Net Income Continuous Operations | ₹729.46L | ₹419.48L | ₹154.70L | ₹130.48L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹676.42L | ₹389.29L | ₹154.91L | ₹130.48L | ₹0.00L |
| General And Administrative Expense | ₹226.30L | ₹187.16L | ₹168.47L | ₹157.69L | ₹0.00L |
| Selling General And Administration | ₹256.60L | ₹205.93L | ₹185.55L | ₹162.33L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹2.74L | -₹1.03L | -₹23.34L | ₹17.89L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹723.22L | -₹354.40L | -₹250.66L | -₹15.36L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹729.46L | ₹419.48L | ₹154.70L | ₹130.48L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹676.42L | ₹389.29L | ₹154.91L | ₹130.48L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹676.42L | ₹389.29L | ₹154.91L | ₹130.48L | ₹0.00L |
Company Performance (FY23–FY26)
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 22/11/1999 | Sunil Kumar Malik | 00143453 | Managing Director | View other directorships |
| 12/04/2019 | Pranav Vasan | 07631095 | Director | View other directorships |
| 20/07/2019 | Sanjay Kukreja | 08506956 | Director | View other directorships |
| 12/11/2020 | Shiwati | *****5525R | Company Secretary | |
| 31/08/2022 | Anil Kumar Behl | 00697588 | Director | View other directorships |
| 02/01/2023 | Lalit Kumar Malik | 08693650 | Director | View other directorships |
| 30/06/2023 | Seema Malik | 09498208 | Additional Director | View other directorships |
| 12/08/2023 | Piyanshu Sharma | *****1729Q | CFO |
Business Network
Directors 8
- Sunil Kumar MalikManaging Director
- Lalit Kumar MalikDirector
- Anil Kumar BehlDirector
- Sanjay KukrejaDirector
- Pranav VasanDirector
- Seema MalikAdditional Director
- Piyanshu SharmaCFO
- ShiwatiCompany Secretary
Latest Documents
| Date | Title | Size |
|---|---|---|
| 27/08/2024 | Form MGT-7-27082024_signed | - |
| 31/07/2024 | Form AOC-4(XBRL)-31072024_signed | - |
| 31/07/2024 | Form AOC-4(XBRL)-31072024 | - |
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Address
Frequently Asked Questions
The current board member of Race Eco Chain Limited are:
- Sanjay Kukreja
- Sunil Kumar Malik
- Anil Kumar Behl
- Pranav Vasan
- Lalit Kumar Malik
- Seema Malik