White Organic Agro Ltd
Incorporated in 2011, White Organic Agro Ltd is engaged in organic farming and retail business in Mumbai
- Market Cap ₹ 14.7 Cr.
- Current Price ₹ 4.21
- High / Low ₹ 7.50 / 3.81
- Stock P/E 14.3
- Book Value ₹ 18.6
- Dividend Yield 0.00 %
- ROCE 0.75 %
- ROE 0.45 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.23 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 25.5%
- Company has a low return on equity of 3.06% over last 3 years.
- Earnings include an other income of Rs.2.82 Cr.
- Working capital days have increased from 70.9 days to 112 days
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16 | 9 | 7 | 7 | 4 | 4 | 21 | 188 | 338 | 190 | 140 | 146 | |
| 16 | 9 | 7 | 7 | 4 | 4 | 21 | 177 | 333 | 193 | 142 | 147 | |
| Operating Profit | 0 | -0 | -0 | -0 | -0 | -0 | 0 | 11 | 5 | -3 | -2 | -1 |
| OPM % | 0% | -3% | -3% | -1% | -1% | -4% | 0% | 6% | 2% | -1% | -2% | -1% |
| 0 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 3 | 3 | 3 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 13 | 7 | 0 | 1 | 2 |
| Tax % | 35% | 23% | 33% | 49% | 34% | 32% | 22% | 16% | 26% | 29% | 25% | |
| 0 | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 5 | 0 | 0 | 1 | |
| EPS in Rs | 0.10 | 0.10 | 0.12 | 0.09 | 0.12 | 0.15 | 0.57 | 2.87 | 1.42 | 0.08 | 0.08 | 0.29 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 108% |
| 3 Years: | -9% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | -5% |
| 3 Years: | -69% |
| TTM: | 141% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -3% |
| 3 Years: | -32% |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 7% |
| 3 Years: | 3% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 12 | 12 | 12 | 12 | 12 | 12 | 18 | 35 | 35 | 35 |
| Reserves | 4 | 12 | 12 | 12 | 13 | 13 | 18 | 35 | 23 | 30 | 30 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 4 | |
| 0 | 0 | 1 | 2 | 2 | 1 | 4 | 46 | 67 | 71 | 54 | |
| Total Liabilities | 13 | 25 | 25 | 26 | 27 | 26 | 35 | 98 | 126 | 137 | 123 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 2 | 1 | 0 | 21 | 27 | 24 | 21 | 24 | 26 |
| 12 | 24 | 23 | 25 | 27 | 5 | 8 | 74 | 105 | 113 | 97 | |
| Total Assets | 13 | 25 | 25 | 26 | 27 | 26 | 35 | 98 | 126 | 137 | 123 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -2 | -12 | 1 | -1 | -2 | 4 | -0 | -12 | -12 | -4 | -9 | |
| 0 | 0 | -1 | 1 | 2 | -4 | -4 | 5 | 5 | -1 | 0 | |
| 2 | 12 | 0 | 0 | -0 | 0 | 4 | 12 | 12 | 0 | 4 | |
| Net Cash Flow | 0 | -0 | 0 | -1 | -0 | 0 | 0 | 5 | 5 | -4 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 15 | 27 | 146 | 215 | 512 | 0 | 71 | 101 | 89 | 124 | 138 |
| Inventory Days | 2 | 0 | 4 | 0 | 0 | 0 | 0 | 24 | 4 | 8 | 0 |
| Days Payable | 4 | 2 | 58 | 86 | 63 | 129 | |||||
| Cash Conversion Cycle | 13 | 27 | 148 | 215 | 512 | 0 | 13 | 38 | 29 | 3 | 138 |
| Working Capital Days | 262 | 923 | 1,077 | 1,194 | 2,278 | 389 | 64 | 47 | 30 | 70 | 112 |
| ROCE % | 2% | 2% | 2% | 2% | 2% | 6% | 32% | 12% | 1% | 1% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Exchange and stakeholders are requested to take on record newspaper publications made under reg 47 of SEBI(LODR) Reg, 2015 with respect to publication of financial …
- Integrated Filling - Financial Result For The Quarter And Half Year Ended 30Th September, 2025 14 Nov
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Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30, Read With Schedule III Of The SEBI (LODR) Regulation, 2015 And Applicable SEBI Circulars
14 Nov - Board approved unaudited Q2/H1 results ended 30 Sep 2025; H1 PAT 160.93, total income 269.41.
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Board Meeting Intimation for Approval Of Un-Audited Financial Result For The Quarter And Half Year Ended 30Th September, 2025.
8 Nov - Board meeting on 14 Nov 2025 to approve Q2/H1 Sep 30, 2025 unaudited results; trading window closure noted.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Oct - Stakeholders requested to note the certificate issued by our RTA under Regulation 74(5), enclosed herewith.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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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Concalls
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Nov 2021TranscriptAI SummaryPPT
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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 2017TranscriptAI SummaryPPT
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Dec 2016TranscriptAI SummaryPPT
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