Race Eco Chain (NSE:RACE) Property, Plant and Equipment: ₹216 Mil (As of Mar. 2026)


NSE:RACE Race Eco Chain Ltd NSE:RACE
80 GF Score
Price ₹113.00
GF Value ₹563.68
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Race Eco Chain Property, Plant and Equipment?

Race Eco Chain NSE:RACE -0.38% 80 Property, Plant and Equipment is ₹216 Mil as of Mar. 2026. GuruFocus rates NSE:RACE with a GF Score™ of 80/100 and a GF Value™ of ₹563.68 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Race Eco Chain's quarterly net PPE declined from Sep. 2025 (₹143 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹216 Mil).

Race Eco Chain's annual net PPE increased from Mar. 2024 (₹108 Mil) to Mar. 2025 (₹126 Mil) and increased from Mar. 2025 (₹126 Mil) to Mar. 2026 (₹216 Mil).


Race Eco Chain  (NSE:RACE) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Race Eco Chain Property, Plant and Equipment Related Terms


Race Eco Chain Property, Plant and Equipment Historical Data

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The historical data trend for Race Eco Chain's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Race Eco Chain Property, Plant and Equipment Chart

Race Eco Chain Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.71 28.67 108.11 126.08 215.51

Race Eco Chain Quarterly Data
Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 126.08 0.00 143.25 0.00 215.51
NSE:RACE
80GF Score
Race Eco Chain Ltd NSE:RACE
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Race Eco Chain Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of ₹216 Mil mean?
Race Eco Chain (NSE:RACE) has a Property, Plant and Equipment of ₹216 Mil as of Mar. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Race Eco Chain and its competitors.
Is Race Eco Chain's Property, Plant and Equipment too high?
Race Eco Chain's current Property, Plant and Equipment is ₹216 Mil. Overall, Race Eco Chain has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Race Eco Chain's Property, Plant and Equipment compare to WM and RSG?
Race Eco Chain's Property, Plant and Equipment of ₹216 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for a Waste Management company?
A good Property, Plant and Equipment depends on the Waste Management industry context. However, Property, Plant and Equipment should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Race Eco Chain and its competitors. Race Eco Chain's current Property, Plant and Equipment is ₹216 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Race Eco Chain stock overvalued right now?
Based on GuruFocus' analysis, Race Eco Chain (NSE:RACE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹563.68, compared to a current price of ₹113.00 — trading 80% below its estimated fair value. The current Property, Plant and Equipment is ₹216 Mil. Race Eco Chain's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Race Eco Chain (NSE:RACE), the current Property, Plant and Equipment is ₹216 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Race Eco Chain (NSE:RACE) Overvalued in 2026?

Based on GuruFocus' analysis, Race Eco Chain stock appears to be undervalued. The current stock price of ₹113.00 is trading 80% below its estimated GF Value™ of ₹563.68. GuruFocus considers Race Eco Chain to be Significantly Undervalued.

Key valuation signals for NSE:RACE:

  • Property, Plant and Equipment: ₹216 Mil
  • GF Value™: ₹563.68 vs. price of ₹113.00 (80% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the NSE:RACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Race Eco Chain Business Description

Other Exchanges 537785:India
Address Sahibabad Industrial Area, 56/33, Site-IV, Ghaziabad, UP, IND, 201010
Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's segments are Recycle Division; Restore Division; Biomass Division and It Division. It generates the majority of its revenue from the Recycle Division.
80GF Score

Get the complete analysis for NSE:RACE

Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹113.00
Price
₹563.68
GF Value