Race Eco Chain Ltd. · NSE:RACE
Race Eco Chain — Q4 FY2025 Earnings Presentation
34 slides from Race Eco Chain's earnings presentation, Jun 2, 2025
Slide 1: Exchange filing cover letter: Investors Presentation on Audited Results
Dated: 02nd June, 2025 Bombay Stock Exchange Limited National Stock Exchange Limited Department of Corporate Services, Listing Department Phiroze Jeejee Bhoy Towers, Exchange Plaza,C-1, Block-G, Dalat Street, Mumbai-400001 Bandra-Kurla Complex, Mumbai 400051 Scrip Code: 537785 Symbol: RACE Subject:
Slide 2: Earnings Presentation Q4FY25
Earnings Presentation Q4FY25 www.raceecochain.com 1
Slide 3: Disclaimer
Disclaimer This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed to constitute prospectus or placement memorandum or an offer to acquire any securities. No representation or warranty, express or implied is made as to, and no reli
Slide 4: Initiatives Taken to Organize the Unorganized Waste Industry
PAN India Network Washing Plants A comprehensive network for Setting up washing plants across India Waste Suppliers ensuring efficient focusing on B2B (Bottle to Bottle) INITIATIVES TAKEN waste management across India manufacturing raw materials Supply. TO ORGANIZE THE UNORGANIZED Community Engageme
Slide 5: Company Highlights
COMPANY HIGHLIGHTS Environment & Certification Highlights 2,62,927 Tonnes of CO2 Saved Pan India Presence 80+ Recycler Network Pan India* One of the Fastest Growing Setting up washing plants across ESG Score of 58+ Supply Chain India ➢ ISO 9001 300+ Suppliers Network* Exclusive Bailer Network ➢ ISO
Slide 6: Q4FY25: Performance Highlights
Q4FY25 : Performance Highlights (Standalone) (YoY) SNAPSHOTS ₹ 139.10 crore ₹ 2.69 crore ₹ 1.27 crore 75% YoY 162% YoY 437% YoY ~29,616 MT Operating Revenue EBITDA PAT This is the quantum of waste (in tonnes) that we aggregated during Q4FY25. 31,138 29,616 India generates more than 62mn tons of 1.93
Slide 7: FY25: Performance Highlights (Standalone)
FY25 : Performance Highlights (Standalone) (YoY) SNAPSHOTS ₹ 460.30 crore ₹ 8.38 crore ₹ 3.76 crore 36% YoY 52% YoY 140% YoY ~121,159 MT Operating Revenue EBITDA PAT This is the quantum of waste (in tonnes) 131,028 that we aggregated during FY25. 121,159 India generates more than 62mn tons of 1.82%
Slide 8: FY25: Performance Highlights (Consolidated)
FY25 : Performance Highlights (Consolidated) (YoY) SNAPSHOTS ₹ 555.10 crore ₹ 9.70 crore ₹ 4.19 crore 60% YoY 68% YoY 171% YoY Operating Revenue EBITDA PAT 1.75% 0.76% 9 bps YoY 31 bps YoY EBITDA Margin* PAT Margin *To reflect upon our core operations, EBITDA margin is computed excluding other incom
Slide 9: India Plastic Waste Industry
India Plastic Waste Industry India’s plastic waste recycling market size is estimated to be 10.8 Million Tons in 2023. Going forward, the market is expected to reach 23.7 Million Tons by 2029, exhibiting a growth rate (CAGR) of 14.0% during 2023-2029. (source: CareEdge) As the consumption of plastic
Slide 10: Q4FY25: Plastic Packaging Waste
Q4FY25: Plastic Packaging Waste Business Highlights (Standalone) (YoY) SNAPSHOTS ₹136.64 crore ₹2.51 crore 1.84% EBIT Margin 100% YoY 37 bps YoY Revenue EBIT ~27,177 MT 27,177 17,863 This is the quantum of plastic waste (in tonnes) that we aggregated during Q4FY25. Q4FY24 Q4FY25 Registering a growth
Slide 11: FY25: Plastic Packaging Waste
FY25: Plastic Packaging Waste Business Highlights (Standalone) (YoY) SNAPSHOTS ₹432.65 crore ₹7.96 crore 1.84% EBIT Margin 48% YoY 14 bps YoY Revenue EBIT ~95,318 MT 95,318 75,972 This is the quantum of plastic waste (in tonnes) that we aggregated during FY25. FY24 FY25 Registering a growth of 25% Y
Slide 12: India Biofuel Industry
India Biofuel Industry 1.7 4.0 7% Mandatory 5% Indian Biomass Biomass co-firing Market (US $Bn) Rate for Thermal Power Plants (TPPs) According to research report published by “Transparency Market research”, the Indian biomass industry was valued around US $ 1.7 Bn in 2019 2030 FY25 FY26 2019 & is ex
Slide 13: Q4FY25: Biofuel Business Highlights
SNAPSHOTS 13,275 Q4FY25: Biofuel ₹1.86 crore ₹0.01 crore 0.76% EBIT Margin 81% YoY 2,440 Business Highlights 318 bps YoY Q4FY24 Q4FY25 (Standalone) (YoY) Revenue EBIT Biofuel Aggregated (MT) ~2,440 MT This is the quantum of Biomass (in tonnes) that we aggregated during Q4FY25. 12
Slide 14: FY25: Biofuel Business Highlights
SNAPSHOTS 52,918 FY25: Biofuel ₹18.71 crore ₹0.21 crore 1.13% EBIT Margin 25,840 58% YoY Business Highlights 17 bps YoY FY24 FY25 (Standalone) (YoY) Revenue EBIT Biofuel Aggregated (MT) ~25,840 MT This is the quantum of Biomass (in tonnes) that we aggregated during FY25. 13
Slide 15: Our Major Biofuel Clients
Our Major Biofuel Clients 9 Q Cig C=AT NIN , + - SUN Reliance | Mankindll> > th PHARMA Industries Limited Serving Life APD CONSTRUGTION-ENCEEDING EXPECTATIONS N = = re i PATANJAL tees (orientbell HiL ANJALD, esk] ; Lk Bite Grou alata, games Ay VISAKA OCT ORIENT LIN CRAFT TED ADITYA BIRLA GROUP
Slide 16: Q4FY25: RESTORE Business Highlights
Q4FY25: RESTORE Business Highlights (Standalone) (YoY) SNAPSHOTS ₹0.60 crore ₹0.02 crore 3.91% EBIT Margin 60% YoY 1,175 bps YoY Revenue EBIT I used to be plastic bottle 15
Slide 17: FY25: RESTORE Business Highlights
FY25: RESTORE Business Highlights (Standalone) (YoY) SNAPSHOTS ₹8.94 crore ₹0.25 crore 2.85% EBIT Margin 282% YoY 546 bps YoY Revenue EBIT I used to be plastic bottle 16
Slide 18: Performance Review
@RACE Performance Review
Slide 19: Performance Review: Key Highlights
Performance Review Key Highlights Profitability Enhancement Delivered exceptional bottom-line improvement with standalone PAT more than doubling to ₹3.76 crore compared to ₹1.57 crore in FY24, marking a 140% increase YoY. Revenue Growth Achieved standalone revenue of ₹460.30 crore, representing robu
Slide 20: Performance Review: Segment Performance
Performance Review Segment Performance: Segment Performance: 1 Biofuel Division 2 Restore Division The Biofuel Division faced operational The RESTORE Division has demonstrated headwinds during FY25: exceptional momentum, validating our strategic focus on sustainability-driven ▪ Revenue Performance:
Slide 21: Standalone Income Statement
Particulars (INR Cr) Q4FY25 Q3FY25 Q4FY24 FY25 FY24 Standalone INCOME STATEMENT INR Cr Income Revenue from Operations 139.10 128.74 79.47 460.30 338.50 Operating Costs 136.41 126.33 78.44 451.92 332.97 Statement Operating Profit (EBITDA) 2.69 2.41 1.03 8.38 5.53 Other Income 0.53 0.34 0.44 1.11 0.67
Slide 22: Consolidated Income Statement
Particulars (INR Cr) Q4FY25 Q3FY25 Q4FY24 FY25 FY24 Consolidated INCOME STATEMENT INR Cr Income Revenue from Operations 193.95 168.42 85.17 555.10 347.48 Operating Costs 190.53 165.38 84.13 545.40 341.71 Statement Operating Profit (EBITDA) 3.41 3.03 1.04 9.70 5.77 Other Income 0.38 0.28 0.61 0.90 0.
Slide 23: Bridging the Sustainability Gap: Organizing the Unorganized
Bridging the Strategic Positioning: At RACE, we are ESG Assessments: We are planning to engage Alliance with Ganesha Ecosphere: Our strategic alliance with GANESHA Sustainability Gap: committed to leading this transformation: independent third parties for comprehensive ESG evaluations ECOSPHERE will
Slide 24: Opportunities & Challenges
Race at the forefront for upcoming Opportunities & Challenges Growing demand for ESG EPR norms require 1/3rd of Technology will play a OPPORTUNITY Bottle to Bottle Manufacturing. complaint and organized recycled material to be huge role in organizing Waste Supply Chain used for packaging material th
Slide 25: Our Strategic Pillars of Excellence
Our Strategic Pillars of Excellence ESG Focused Voluntary adoption to SEBI’s BRSR 1 End to End Traceability 2 3 Digitization initiative via RACE App 4 Certifications 5 Organizing the Unorganized Suppliers’ Due Diligence
Slide 26: Progressing towards digitization via RACE APP
Progressing towards digitization via RACE APP • Our company is strongly committed to enhancing its technological capabilities. • Further, in alignment with our vision to optimize the overall efficiency and digitize the existing value chain, our organization has developed the "RACE App“ currently ava
Slide 27: Journey Towards Greener Environment
Journey Towards Greener Environment CO2 savings via our business operations 262,927 Tonnes of 140,475 Tonnes 403,402 Tonnes of CO2 saved via of CO2 saved by CO2 saved till date efficient utilizing biomass Equivalent to CO2 through our waste management vis-a-vis coal emitted by a car after Of waste P
Slide 28: Our Progress towards ESG Journey
Our Progress towards ESG Journey “Progress Towards Business Sustainability” Voluntary filing of SEBI BRSR: Our Undergoing ESG assessment, our company has recently Here are some of our ongoing company has voluntarily adopted received a score of 58 out of 100 based on CareEdge initiatives aimed at est
Slide 29: Ganesha Ecosphere and RACE Eco Chain Join Hands
Ganesha Ecosphere and RACE Eco Chain Join Hands Investment Key Initiatives Benefits and 1 Highlights : 2 planned : 3 Outcomes : 4 Future Strategy : • Race Ecochain with Ganesha • This collaboration aims to launch • This joint venture marks a • Aim to forge similar joint Ecosphere Limited, the larges
Slide 30: The Way Ahead for RACE: Demerger
The Way Ahead for RACE: Waste Management DEMERGER Proposed Demerger of Biomass To make operations more focused Briquettes and making capital allocation more efficient, The Board of the company Business has proposed the demerger of Segments existing business segments of RACE into three entities: Recy
Slide 31: Recent Update
Recent Update 30
Slide 32: Recent Updates: Inorganic Growth
Recent Updates The Way Ahead for RACE: Inorganic Growth New Collection Center Coming Up Race Acquired Vasundhara Envirogreen We are excited to share that Race is further Private Limited for Strategic Expansion expanding the collection center network by establishing two new centers in Jamshedpur We a
Slide 33: Recent Updates: Collection Drive and GCPRS 2025
Recent Updates Waste Collection Drive Done In Collages Save The Date For Upcoming GCPRS 2025 across NCR We are proud to share that Race Eco Chain Ltd. We are excited to announce our participation in the upcoming GCPRS 2025 (Global successfully conducted a Waste Collection Drive Conference on Plastic
Slide 34: Thank You!
Thank You! www.raceecochain.com 33