5
White Organic Agro Ltd
WHITEORGANICAGROLTD NSE
White Organic Agro Ltd
Fast Moving Consumer GoodsNSE: WHITEORGANICAGROLTD BSE: 513713 Agricultural Food & other Products
Key Fundamentals
MicrocapAgricultural ProductsFMCGMarket Cap
₹13.10 Cr
Volatility
Moderate
P/E Ratio
13.3
EBITDA
₹0.60 Cr
Return on Equity
0.59%
Debt to Equity
0
Book Value
₹16.72
EPS
₹0.3
52W High
₹6.18
52W Low
₹2.81
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company is almost debt free.
- Stock is trading at 0.21 times its book value
- Company is expected to give good quarter
Weaknesses
6- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -30.0% over past five years.
- Promoter holding is low: 25.5%
- Company has a low return on equity of 2.45% over last 3 years.
- Earnings include an other income of Rs.4.30 Cr.
- Company has high debtors of 210 days.
Growth Rate
Revenue Growth
-26.47% ↗
Net Income Growth
0.00% ↘
Cash Flow Change
-137.60% ↘
ROE
13.46% ↗
ROCE
1.37% ↗
EBITDA Margin (Avg.)
50.00% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13.6 | 7.68 | 8.32 | 9.38 | 8.07 | 4.97 | 7.41 | 3.06 | 4.2 | 0.06 | 0.03 | 0.01 | 13.16 |
| Expenses | 18.58 | 8 | 8.29 | 9.56 | 9.12 | 5.13 | 7.47 | 4.38 | 5.06 | 0.25 | 0.29 | 0.87 | 14.69 |
| Operating Profit | -4.98 | -0.32 | 0.03 | -0.18 | -1.05 | -0.16 | -0.06 | -1.32 | -0.86 | -0.19 | -0.26 | -0.86 | -1.53 |
| OPM % | -36.62% | -4.17% | 0.36% | -1.92% | -13.01% | -3.22% | -0.81% | -43.14% | -20.48% | -316.67% | -866.67% | -8600% | -11.63% |
| Other Income | 2.14 | 2.38 | 1.08 | 0.8 | 0.02 | 1.16 | 1.08 | 1.11 | 1.38 | 1.27 | 1.34 | 0.68 | 1.01 |
| Interest | 0.86 | 0.27 | 0.2 | 0.16 | 0.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 |
| PBT | -3.7 | 1.79 | 0.91 | 0.46 | -1.45 | 1 | 1.02 | -0.21 | 0.52 | 1.08 | 1.08 | -0.18 | -0.53 |
| Tax % | -23.51% | 25.14% | 26.37% | 21.74% | -17.24% | 25% | 25.49% | -23.81% | 25% | 25% | 25% | -27.78% | -18.87% |
| Net Profit | -2.83 | 1.34 | 0.67 | 0.36 | -1.19 | 0.75 | 0.76 | -0.16 | 0.38 | 0.81 | 0.8 | -0.14 | -0.42 |
| EPS in Rs | -0.81 | 0.38 | 0.19 | 0.1 | -0.34 | 0.21 | 0.22 | -0.05 | 0.11 | 0.23 | 0.23 | -0.04 | -0.12 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.92 | 2.55 | 19.14 | 44.69 | 162 | 121 | 78.77 | 148 | 174 | 33.45 | 19.63 | 13.26 |
| Expenses | 3.32 | 3.01 | 18.85 | 43.09 | 159 | 122 | 79.97 | 143 | 174 | 34.55 | 22.04 | 16.1 |
| Operating Profit | -0.4 | -0.46 | 0.29 | 1.6 | 2.55 | -0.92 | -1.2 | 5.26 | -0.96 | -1.1 | -2.41 | -2.84 |
| OPM % | -13.7% | -18.04% | 1.52% | 3.58% | 1.57% | -0.76% | -1.52% | 3.55% | -0.55% | -3.29% | -12.28% | -21.42% |
| Other Income | 0.6 | 0.7 | 0.72 | 1.39 | 0.79 | 1.18 | 1.41 | 5.59 | 3.57 | 3.87 | 4.74 | 4.3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.87 | 1.05 | 0.01 | 0 |
| Depreciation | 0.05 | 0.05 | 0.05 | 0.04 | 0.01 | 0.01 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| PBT | 0.15 | 0.19 | 0.96 | 2.95 | 3.33 | 0.25 | 0.21 | 10.84 | 1.73 | 1.71 | 2.31 | 1.45 |
| Tax % | 33.33% | 31.58% | 9.38% | 23.39% | 29.13% | 28% | 23.81% | 19% | 28.32% | 31.58% | 25.11% | 32.41% |
| Net Profit | 0.1 | 0.13 | 0.87 | 2.26 | 2.36 | 0.18 | 0.15 | 8.78 | 1.24 | 1.17 | 1.73 | 0.98 |
| EPS in Rs | 0.04 | 0.05 | 0.35 | 0.65 | 0.67 | 0.05 | 0.04 | 2.51 | 0.35 | 0.33 | 0.49 | 0.28 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.5 | 12.5 | 12.5 | 17.5 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 |
| Reserves | 11.89 | 12.02 | 16.7 | 25.39 | 10.25 | 10.42 | 10.47 | 18.91 | 19.61 | 20.8 | 22.53 | 23.51 |
| Borrowings | 0.02 | 0.17 | 0 | 0 | 0 | 0 | 3.95 | 0 | 12.72 | 0 | 0 | 0 |
| Other Liabilities | 1.58 | 0.51 | 2.78 | 8.42 | 26.7 | 42.38 | 38.76 | 51.22 | 12.38 | 3.47 | 5.84 | 8.87 |
| Total Liabilities | 25.99 | 25.2 | 31.98 | 51.31 | 71.95 | 87.8 | 88.18 | 105 | 79.71 | 59.27 | 63.37 | 67.38 |
| Fixed Assets | 0.17 | 0.12 | 0.11 | 0.07 | 0.07 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.01 | 9.56 | 14.93 | 16.71 | 27.87 | 27.59 | 15.62 | 0.67 | 0.53 | 20.16 | 58.08 | 0 |
| Other Assets | 25.81 | 15.52 | 16.94 | 34.53 | 44.01 | 60.15 | 72.5 | 104 | 79.11 | 39.04 | 5.22 | 67.32 |
| Total Assets | 25.99 | 25.2 | 31.98 | 51.31 | 71.95 | 87.8 | 88.18 | 105 | 79.71 | 59.27 | 63.37 | 67.38 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -1.41 | 3.96 | -0.49 | -8.24 | 12.78 | 1.86 | -8.92 | -1.43 | 4.73 | -3.67 | -4.47 | -3.66 |
| Investing | 1.22 | -4.06 | -3.57 | -0.62 | -10.36 | -6.13 | 4.42 | 5.94 | -16.51 | 17.5 | 4.38 | 3.74 |
| Financing | -0.02 | 0.15 | 4.06 | 11.42 | 0 | 0 | 3.95 | -4.28 | 11.86 | -13.77 | -0.01 | 0 |
| Net Cash Flow | -0.2 | 0.05 | 0 | 2.56 | 2.42 | -4.27 | -0.55 | 0.23 | 0.08 | 0.07 | -0.09 | 0.08 |
| Free Cash Flow | -1.41 | 3.96 | -0.53 | -8.24 | 12.78 | -1.89 | -7.39 | -1.44 | 4.71 | -3.67 | -4.48 | -3.66 |
| CFO/OP | 340 | -876 | -145 | -506 | 527 | -334 | 746 | -21 | -762 | 291 | 161 | 110 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 698 | 0 | 50.15 | 75.55 | 74.14 | 117 | 165 | 98.22 | 8.01 | 0.87 | 71.59 | 210 |
| Inventory Days | 0 | 0 | 0 | 48.88 | 0 | 0 | 0 | 33.19 | 0 | 0 | 0 | 0 |
| Days Payable | — | — | — | 66.98 | — | — | — | 117 | — | — | — | — |
| Cash Conversion Cycle | 698 | 0 | 50.15 | 57.44 | 74.14 | 117 | 165 | 14.44 | 8.01 | 0.87 | 71.59 | 210 |
| Working Capital Days | 1,529 | 442 | 269 | 192 | 26.88 | 49.56 | 106 | 65.68 | 77.37 | 382 | -20.83 | -20.92 |
| ROCE % | 0.62% | 0.77% | 3.56% | 8.18% | 7.56% | 0.55% | 0.44% | 20.98% | 4.29% | 5.15% | 4.09% | 2.5% |
Documents
1
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
27 Apr - White Organic Agro confirms it is not a large corporate as of 31 March 2026. 27 Apr - White Organic Agro confirms it is not a large corporate as of 31 March 2026.
2
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
10h - White Organic Agro confirms it is not a large corporate as of 31 March 2026. 10h - White Organic Agro confirms it is not a large corporate as of 31 March 2026.
3
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Apr - Exchange and Stakeholders are hereby requested to take on record certification under Regulation 74 (5) of the SEBI (Depositories and Participants) Regulations, 2018 for the … 14 Apr - Exchange and Stakeholders are hereby requested to take on record certification under Regulation 74 (5) of the SEBI (Depositories and Participants) Regulations, 2018 for the …
5
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
1 Mar - Demerger scheme effective 1 March 2026; INC-28 filed with ROC Ahmedabad. 1 Mar - Demerger scheme effective 1 March 2026; INC-28 filed with ROC Ahmedabad.
Frequently Asked Questions about White Organic Agro Ltd
What does White Organic Agro Ltd do?
Incorporated in 2011, White Organic Agro Ltd is engaged in organic farming and retail business in Mumbai
Where is White Organic Agro Ltd (513713) listed?
White Organic Agro Ltd is listed on the Indian stock exchanges. It is listed on NSE: WHITEORGANICAGROLTD and BSE: 513713. You can view its live share price, financials, and ratios on Tapetide.
Which sector does White Organic Agro Ltd belong to?
White Organic Agro Ltd operates in the Fast Moving Consumer Goods sector within the Agricultural Food & other Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of White Organic Agro Ltd?
White Organic Agro Ltd has a market capitalisation of approximately ₹13.10 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of White Organic Agro Ltd?
The Price-to-Earnings (PE) ratio of White Organic Agro Ltd is 13.30. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of White Organic Agro Ltd?
Over the past 52 weeks, White Organic Agro Ltd has traded between a low of ₹2.81 and a high of ₹6.18. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of White Organic Agro Ltd?
White Organic Agro Ltd has a Return on Equity (ROE) of 0.59%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research White Organic Agro Ltd on Tapetide?
On Tapetide, you can view White Organic Agro Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2011, White Organic Agro Ltd is engaged in organic farming and retail business in Mumbai
Website whiteorganics.co.in
Face Value ₹ 10