White Organic Agro Ltd
Incorporated in 2011, White Organic Agro Ltd is engaged in organic farming and retail business in Mumbai
- Market Cap ₹ 11.7 Cr.
- Current Price ₹ 3.33
- High / Low ₹ 5.75 / 2.81
- Stock P/E 11.3
- 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 0.18 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 % | 0.4% | -3.0% | -2.6% | -1.4% | -1.3% | -3.6% | 0.1% | 6% | 1.6% | -1.4% | -1.5% | -0.8% |
| 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: | -10% |
| 5 Years: | -14% |
| 3 Years: | -25% |
| 1 Year: | -38% |
| 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 |
| Free Cash Flow | -2 | -13 | 1 | -1 | -2 | 4 | -0 | -12 | -12 | -4 | -9 |
| CFO/OP | -2,950% | 4,559% | -811% | 970% | 3,500% | -3,408% | 450% | -102% | -213% | 57% | 401% |
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% |
Insights
In beta| Mar 2017 | Mar 2018 | |
|---|---|---|
| Number of contract farmers (indirect cultivation) farmers |
|
|
| Number of organic products (SKUs) products |
||
| Self-leased farm acreage (direct cultivation) acres |
||
| Contract farming acreage (indirect cultivation) acres |
||
| Monthly Aloe Vera pulp supply to Patanjali tons/month |
||
| Number of retail stores stores |
||
Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Submission of Newspaper Publication in respect of information regarding 36th Annual General Meeting to be held on September 30, 2026 through Video Conference (VC) / …
- Reg. 34 (1) Annual Report.
- Notice Of 36Th Annual General Meeting Of The Company
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Letter To Members - Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ("SEBI Listing Regulations")
- AGM scheduled for 30 September 2026; annual report FY2025-26 dispatched.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Stock Exchange and Stakeholder are requested to take on record Newspaper Publication made with respect to pre circulation of Annual General Meeting Notice, Schedule to …
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Concalls
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Nov 2021PPT
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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 2017Transcript
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May 2017PPT
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Dec 2016PPT
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