Race Eco Chain Ltd. · NSE:RACE
Race Eco Chain — Q1 FY2026 Earnings Presentation
31 slides from Race Eco Chain's earnings presentation, Aug 19, 2025
Slide 1: Exchange filing cover letter for investor presentation
A RACE Dated: 19" August, 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 S
Slide 2: Earnings Presentation Q1FY26
Earnings Presentation Q1FY26 www.raceecochain.com
Slide 3: Disclaimer
RRACERecycling and Circular Economy 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 o
Slide 4: Initiatives Taken to Organize the Unorganized Waste Industry
Our Business Ventures INITIATIVES TAKEN TO ORGANIZE THE S\pacE UNORGANIZED WASTE INDUSTRY PAN India Network Washing Plants A comprehensive network for 7& Setting up washing plants across India Waste Suppliers ensuring efficient focusing on B2B (Bottle to Bottle) waste management across India manufac
Slide 5: Company Highlights
COMPANY HIGHLIGHTS “g rronment & Certification Highlights 2,62,927 0 Pan India Presence @ 80+ Recycler Network Pan India* fonnesioiceziared One of the Fastest Growing @ Setting up washing plants across - Supply Chain India ! 1SO 9001 300+ Suppliers Network* %@ Exclusive Bailer Network [F7> 15O 5001
Slide 6: Q1FY26: Performance Highlights (Standalone)
Q1FY26 : Performance Highlights (Standalone) (YoY) SNAPSHOTS X 98.81 crore X 1.97 crore X 0.10crore 15% YoY 38% YoY 72% YoY ~20,364 MT Operating Revenue EBITDA This is the quantum of waste (in tonnes) that we aggregated during Q1FY26. India generates more than 62mn tonnes 1.99% 0.10% of municipal so
Slide 7: Q1FY26: Performance Highlights (Consolidated)
Q1FY26 : Performance Highlights (Consolidated) (YoY) SNAPSHOTS X 156.73 crore X 2.91 crore X 0.41 crore 81% YoY 108% YoY 300% YoY Operating Revenue EBITDA 1.86% 0.26% 24 bps YoY 14 bps YoY EBITDA Margin* PAT Margin *To reflect upon our core operations, EBITDA margin is computed excluding other incom
Slide 8: India Plastic Waste Industry
\I_’ NAUVL India Plastic Waste Industry India’s plastic waste recycling market size is estimated to be 10.8 Million Tonnes in 2023. Going forward, the market is expected to reach 23.7 Million Tonnes by 2029, exhibiting a growth rate (CAGR) of 14.0% during 2023-2029. (source: CareEdge) As the consump
Slide 9: Q1FY26: Plastic Packaging Waste Business Highlights (Standalone)
\I_’ NAUVL Q1FY26: Plastic Packaging Waste Business Highlights (Standalone) (voY) SNAPSHOTS X97.40 crore %1.90 crore ‘ 24% YoY 20%YoY 1.96% EBIT Margin Revenue ~20,238 MT 20,238 19,079 This is the quantum of plastic waste (in tonnes) that we aggr:egat.ed during Q1FY26. S — Registering a growth of 5.
Slide 10: Q1FY26: Plastic Packaging Waste Business Highlights (Consolidated)
\I_’ NAUVL Q1FY26: Plastic Packaging Waste Business Highlights (Consolidated) (Yov) SNAPSHOTS X155.31 crore X2.78 crore 97% YoY 95% YoY 1.79% EBIT Margin Revenue
Slide 11: India Biofuel Industry
India Biofuel Industry 1.7 4.0 Mandatory 5% 7% Indian Biomass Biomass co-firing O Market (US $Bn) Rate for Thermal Power Plants (TPPs) According to research report published by l - “Transparency Market research”, the Indian biomass industry was valued around US $ 1.7 Bn in 2019 2030 FY25 FY26 2019 &
Slide 12: Q1 FY26: Biofuel Business Highlights (Standalone)
\I¢ NAUVL SNAPSHOTS Q1 FY26: Biofuel X0.33 crore X0.01 crore BUSiI’\ESS nghllghts . 95% YoY 3.39% EBIT Margin 220 bps YoY (Standalone) (YoY) Revenue EBIT Margin Biofuel Aggregated (MT)
Slide 13: Our Major Biofuel Clients
Our Major Biofuel Clients O SUN (e Reliance @’ Mankind/i» C=AT PHARMA Industries Limited Serving Life RAPID CONSTRUCTION-EXCEEDING EXPECTATIONS g HIL PATANJALL, L @ h.orientbell Hindustan tiles C.K Birla Group Unilover Limited PEPSICO D VISAKA ORIENT CRAFT ADITYA BIRLA GROUP
Slide 14: Q1FY26: RESTORE Business Highlights (Standalone)
RESTORE Give Earth a Chance Q1FY26: RESTORE Business Highlights (Standalone) (YoY) SNAPSHOTS X1.08 crore ‘ ' X0.03 crore 85% YoY 3.03% EBIT Margin 852 bps YoY Revenue EBIT Margin i 9 8 | 23 ) b oo 13
Slide 15: Performance Review
.................... Performance Review
Slide 16: Key Highlights
Performance Review Key Highlights Profitability Enhancement Our consolidated PAT grew four-fold to X0.41 1}(5 crore compared to X0.10 crore in Q1FY25, marking a 300% increase YoY. Revenue Growth Achieved consolidated revenue of /7 X156.73 crore, representing an YoY DDDI:I growth of 81% from X86.44 c
Slide 17: Segment Performance
Performance Review Segment Performance: Segment Performance: Plastic Packaging Waste Biofuel Division Restore Division The Biofuel Division faced The RESTORE Division has operational headwinds during demonstrated exceptional *Revenue Performance: The plastic packaging Q1FY26: waste division achieved
Slide 18: Standalone Financials
Revenue from Operations 98.81 139.10 86.17 460.30 338.50 Operating Costs 96.85 136.41 84.75 451.92 332.97 Operating Profit (EBITDA) 1.97 2.69 1.42 8.38 5.53 Other Income 0.43 0.53 0.15 111 0.67 Finance Costs 1.55 1.48 0.83 4.05 2.84 Depreciation and amortisation 0.16 0.18 0.16 0.68 0.66 Profit Befor
Slide 19: Consolidated Financials
Consolidated I ncome Revenue from Operations 156.73 193.95 86.44 555.10 347.48 Operating Costs 153.82 190.53 85.05 545.40 341.71 Operating Profit (EBITDA) 2.91 3.41 1.40 9.70 5.77 Other Income 0.29 0.38 0.15 0.90 0.70 Finance Costs 1.65 1.55 0.93 4.24 2.94 Depreciation and amortisation 0.25 0.22 0.3
Slide 20: Bridging the Sustainability Gap: Organizing the Unorganized
B r I d g I n g t h e Strategic Positioning: ESG Assessments: Alliance with Ganesha Ecosphere: . o . At RACE, we are We are planningto engage Our strategic alliance with GANESHA S u Sta I n a b I I Ity G a p . committed to leading independent third parties for ECOSPHERE will pace our progress this t
Slide 21: Opportunities & Challenges
Race at the forefront for upcoming RACE Opportunities & Challenges Recycling and Circular Economy Growing demand for ESG EPR norms require 1/3rd of Bottle to Bottle Technology will play a OPPORTUNITY Manufacturing. complaint and organized recycled material to be huge role in organizing Waste Supply
Slide 22: Our Strategic Pillars of Excellence
Our Strategic Pillars of Excellence o ESG Focused Voluntary adoption to SEBI’s BRSR f. i S, m 13‘0‘31 End to End Traceability & BRSR LRSI / | 5 e 1 A Py Gl SMETA® Digitization initiative via RACE App Available on the ’ App Store Certifications Organizing the Unorganized " Google Play Suppliers’ Due
Slide 23: Progressing towards digitization via RACE App
CF Sace 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“ curre
Slide 24: Journey Towards Greener Environment
Journey Towards Greener Environment @ CO2 savings via our business operations CO, reduction 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 Equivalentto CO2 through our waste management vis-a-vis coal emitted by a car a
Slide 25: 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 26: Ganesha Ecosphere and RACE Eco Chain Join Hands
Ganesha Ecosphere and RACE Eco Chain Join Hands o & Investment Key Initiatives Benefits and Future Strategy : Highlights : planned : Outcomes : Race Eco chain with Ganesha This collaboration aims to launch This joint venture marks a Aim to forge similar joint Ecosphere Limited, the largest numerous
Slide 27: The Way Ahead: Proposed Demerger
The Way Ahead Waste fOf RACE: DE ERGER Management Proposed Biomass To make operations more focused Demerger Of Briquettes and making capital allocation more Business efficient, The Board of the company has proposed the demerger of segments existing business segments of RACE into three entities: Recy
Slide 28: Recent Updates
Recycling and Circular Economy Recent Updates
Slide 29: Recent Updates
Recent Updates Setting up Reverse Vending Machines New Collection Center Coming Up (RVM's) Reverse Vending Machines (RVMs) in colleges and We are excited to announce the expansion of Business Parks to promote responsible plastic our collection network with newly established disposal among students a
Slide 30: Recent Updates: ESG Excellence Award by LIFA
Recent Updates Waste Collection Drive Done In Collages Got ESG Excellence Award by LIFA \ across NCR We are proud to share that Race Eco Chain Ltd. Race Eco Chain’s CMD Mr. Sunil successfully conducted a Waste Collection Drive Malik has been awarded the under the banner of “Planet First — The Race W
Slide 31: Thank You!
Thank You! www.raceecochain.com