White Organic Agro Ltd
Incorporated in 2011, White Organic Agro Ltd is engaged in organic farming and retail business in Mumbai
- Market Cap ₹ 28.8 Cr.
- Current Price ₹ 8.23
- High / Low ₹ 12.4 / 6.06
- Stock P/E
- Book Value ₹ 16.2
- Dividend Yield 0.00 %
- ROCE 4.29 %
- ROE 2.29 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.51 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 25.5%
- Company has a low return on equity of 6.81% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8.91 | 6.47 | 6.11 | 2.92 | 2.55 | 19.14 | 44.69 | 162.02 | 121.36 | 78.77 | 148.05 | 173.51 | 38.98 | |
9.24 | 6.90 | 6.53 | 3.32 | 3.01 | 18.85 | 43.09 | 159.47 | 122.28 | 79.97 | 142.79 | 174.47 | 44.43 | |
Operating Profit | -0.33 | -0.43 | -0.42 | -0.40 | -0.46 | 0.29 | 1.60 | 2.55 | -0.92 | -1.20 | 5.26 | -0.96 | -5.45 |
OPM % | -3.70% | -6.65% | -6.87% | -13.70% | -18.04% | 1.52% | 3.58% | 1.57% | -0.76% | -1.52% | 3.55% | -0.55% | -13.98% |
0.61 | 0.66 | 0.55 | 0.60 | 0.70 | 0.72 | 1.39 | 0.79 | 1.18 | 1.41 | 5.59 | 3.57 | 6.40 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.87 | 1.49 |
Depreciation | 0.03 | 0.03 | 0.03 | 0.05 | 0.05 | 0.05 | 0.04 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 |
Profit before tax | 0.25 | 0.20 | 0.10 | 0.15 | 0.19 | 0.96 | 2.95 | 3.33 | 0.25 | 0.21 | 10.84 | 1.73 | -0.54 |
Tax % | 28.00% | 35.00% | 90.00% | 33.33% | 31.58% | 9.38% | 23.39% | 29.13% | 28.00% | 23.81% | 19.00% | 28.32% | |
0.18 | 0.13 | 0.01 | 0.10 | 0.13 | 0.87 | 2.26 | 2.36 | 0.18 | 0.15 | 8.78 | 1.24 | -0.46 | |
EPS in Rs | 0.07 | 0.05 | 0.00 | 0.04 | 0.05 | 0.35 | 0.65 | 0.67 | 0.05 | 0.04 | 2.51 | 0.35 | -0.14 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 39% |
5 Years: | 31% |
3 Years: | 13% |
TTM: | -82% |
Compounded Profit Growth | |
---|---|
10 Years: | 25% |
5 Years: | -11% |
3 Years: | 90% |
TTM: | -106% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | -15% |
3 Years: | 22% |
1 Year: | 5% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 5% |
3 Years: | 7% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12.50 | 12.50 | 12.50 | 12.50 | 12.50 | 12.50 | 17.50 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 |
Reserves | 11.65 | 11.78 | 11.79 | 11.89 | 12.02 | 12.89 | 25.39 | 10.25 | 10.42 | 10.47 | 18.91 | 19.61 | 21.62 |
0.00 | 0.01 | 0.04 | 0.02 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | 3.95 | 0.00 | 12.72 | 8.82 | |
0.31 | 0.55 | 1.47 | 1.58 | 0.51 | 6.59 | 8.42 | 26.70 | 42.38 | 38.76 | 51.22 | 12.38 | 3.61 | |
Total Liabilities | 24.46 | 24.84 | 25.80 | 25.99 | 25.20 | 31.98 | 51.31 | 71.95 | 87.80 | 88.18 | 105.13 | 79.71 | 69.05 |
0.28 | 0.25 | 0.22 | 0.17 | 0.12 | 0.11 | 0.07 | 0.07 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.51 | 1.70 | 1.00 | 0.01 | 9.56 | 14.93 | 16.71 | 27.87 | 27.59 | 15.62 | 0.67 | 0.53 | 1.87 |
23.67 | 22.89 | 24.58 | 25.81 | 15.52 | 16.94 | 34.53 | 44.01 | 60.15 | 72.50 | 104.39 | 79.11 | 67.11 | |
Total Assets | 24.46 | 24.84 | 25.80 | 25.99 | 25.20 | 31.98 | 51.31 | 71.95 | 87.80 | 88.18 | 105.13 | 79.71 | 69.05 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4.41 | -3.00 | 1.51 | -1.41 | 3.96 | -0.49 | -8.24 | 12.78 | 1.86 | -8.92 | -1.43 | 4.73 | |
0.02 | 3.36 | -2.13 | 1.22 | -4.06 | -3.57 | -0.62 | -10.36 | -6.13 | 4.42 | 5.94 | -16.51 | |
4.05 | 0.01 | 0.04 | -0.02 | 0.15 | 4.06 | 11.42 | 0.00 | 0.00 | 3.95 | -4.28 | 11.86 | |
Net Cash Flow | -0.34 | 0.37 | -0.58 | -0.20 | 0.05 | 0.00 | 2.56 | 2.42 | -4.27 | -0.55 | 0.23 | 0.08 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 27.86 | 162.47 | 250.30 | 697.50 | 0.00 | 50.15 | 75.55 | 74.14 | 117.18 | 164.54 | 98.22 | 8.01 |
Inventory Days | 0.00 | 4.11 | 0.00 | 0.00 | 0.00 | 0.00 | 48.88 | 0.00 | 0.00 | 0.00 | 33.19 | 0.00 |
Days Payable | 2.35 | 66.98 | 116.96 | |||||||||
Cash Conversion Cycle | 27.86 | 164.24 | 250.30 | 697.50 | 0.00 | 50.15 | 57.44 | 74.14 | 117.18 | 164.54 | 14.44 | 8.01 |
Working Capital Days | 628.82 | 715.33 | 682.81 | 1,531.25 | 466.63 | 268.51 | 191.69 | 26.88 | 49.56 | 105.74 | 65.68 | 77.37 |
ROCE % | 1.37% | 0.83% | 0.41% | 0.62% | 0.77% | 3.83% | 8.64% | 7.56% | 0.55% | 0.44% | 20.98% | 4.29% |
Documents
Announcements
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
21h - In reference to regulation 30 Para B of Part A of Schedule III of SEBI (LODR) Regulations, 2015 the stakeholders and exchange are hereby informed …
- Certificate Under Regulation 40(9) Under SEBI(LODR) Regulation 2015 For The Year Ended March 31St 2024 30 Apr
- Submission Of Yearly Compliance Report Under Regulation 7(3) Of SEBI (LODR) Regulation 2015 For The Year Ended 31St March 2024 29 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 16 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Apr - Depositories and Participants) Regulation 2018 ,the Company hereby Submits the Certificate under aforementioned Regulation for the quarter ended 31st March 2024.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Nov 2021TranscriptNotesPPT
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Jan 2019Transcript PPT
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Nov 2018Transcript PPT
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Aug 2018Transcript PPT
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Jun 2018Transcript PPT
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Mar 2018Transcript PPT
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Nov 2017Transcript PPT
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Aug 2017TranscriptPPT
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May 2017TranscriptNotesPPT
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Dec 2016TranscriptNotesPPT
Business Overview:[1][2]
WOAL is a pure play organic agricultural company. It does edible organic farming and retail business and is selling over 250 organic products in 12 major categories and 17 sub categories, from cereals to pulses, grains to vegetables, fruits to health supplements and skincare products to snacks