Race Eco Chain (NSE:RACE) Research & Development: ₹0 Mil (TTM As of Mar. 2026)


NSE:RACE Race Eco Chain Ltd NSE:RACE
78 GF Score
Price ₹111.39
GF Value ₹551.10
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Race Eco Chain Research & Development?

Race Eco Chain NSE:RACE -1.15% 78 Research & Development is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:RACE with a GF Score™ of 78/100 and a GF Value™ of ₹551.10 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Race Eco Chain's Research & Development for the three months ended in Mar. 2026 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.

Race Eco Chain  (NSE:RACE) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Race Eco Chain Research & Development Related Terms

Race Eco Chain Research & Development Historical Data

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The historical data trend for Race Eco Chain's Research & Development 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 Research & Development Chart

Race Eco Chain Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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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
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NSE:RACE
78GF Score
Race Eco Chain Ltd NSE:RACE
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Race Eco Chain Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ₹0 Mil mean?
Race Eco Chain (NSE:RACE) has a Research & Development of ₹0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Race Eco Chain and its competitors.
Is Race Eco Chain's Research & Development too high?
Race Eco Chain's current Research & Development is ₹0 Mil. Overall, Race Eco Chain has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Race Eco Chain's Research & Development compare to WM and RSG?
Race Eco Chain's Research & Development of ₹0 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 Research & Development for a Waste Management company?
A good Research & Development depends on the Waste Management industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Race Eco Chain and its competitors. Race Eco Chain's current Research & Development is ₹0 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 ₹551.10, compared to a current price of ₹111.39 — trading 79.8% below its estimated fair value. The current Research & Development is ₹0 Mil. Race Eco Chain's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Race Eco Chain (NSE:RACE), the current Research & Development is ₹0 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 ₹111.39 is trading 79.8% below its estimated GF Value™ of ₹551.10. GuruFocus considers Race Eco Chain to be Significantly Undervalued.

Key valuation signals for NSE:RACE:

  • Research & Development: ₹0 Mil
  • GF Value™: ₹551.10 vs. price of ₹111.39 (79.8% below fair value)
  • GF Score™: 78/100 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.
78GF Score

Get the complete analysis for NSE:RACE

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹111.39
Price
₹551.10
GF Value