White Organic Retail Ltd
Incorporated in 2011, White Organic Retail Limited (formerly known as White Organic Retail Pvt. Ltd. / Sapna Infraventure Pvt. Ltd) is engaged in trading of agricultural products including organic and other products.
The company is the supplier of Essential Oils & Aromatics and Cereals in India.
- Market Cap ₹ 22.3 Cr.
- Current Price ₹ 6.81
- High / Low ₹ 23.7 / 5.31
- Stock P/E
- Book Value ₹ 3.21
- Dividend Yield 0.00 %
- ROCE -8.01 %
- ROE -9.18 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company's working capital requirements have reduced from 114 days to 38.0 days
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 35.4%
- Company has a low return on equity of 2.67% over last 3 years.
- Company has high debtors of 348 days.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -19.6%
* 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 1 | 1 | 1 | 0 | 1 | 83 | 160 | 69 | 61 | 76 | 274 | -14 | |
0 | 0 | 1 | 1 | 1 | 2 | 80 | 159 | 70 | 62 | 68 | 278 | 29 | |
Operating Profit | 0 | 0 | 0 | 0 | -1 | -0 | 3 | 2 | -2 | -1 | 8 | -4 | -42 |
OPM % | 43% | 34% | 33% | 32% | -19% | 4% | 1% | -2% | -1% | 10% | -1% | 310% | |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 6 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 3 | 0 | 0 | 9 | -4 | -39 |
Tax % | 0% | 30% | 34% | 32% | 31% | 33% | 31% | 30% | 26% | 25% | 27% | -2% | |
0 | 0 | 0 | 0 | 0 | 1 | 3 | 2 | 0 | 0 | 7 | -4 | -37 | |
EPS in Rs | 1.00 | 0.05 | 0.07 | 2.05 | -1.16 | -11.34 | |||||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 81% |
5 Years: | 27% |
3 Years: | 59% |
TTM: | -104% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -559% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -14% |
1 Year: | -71% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 3% |
3 Years: | 3% |
Last Year: | -9% |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 5 | 11 | 11 | 33 | 33 |
Reserves | 0 | 0 | 0 | 1 | 1 | 1 | 4 | 18 | 31 | 26 | 32 | 7 | -22 |
0 | 0 | 11 | 12 | 12 | 11 | 14 | 2 | 7 | 7 | 0 | 0 | 0 | |
8 | 9 | 0 | 0 | 0 | 2 | 31 | 33 | 26 | 13 | 5 | 255 | 288 | |
Total Liabilities | 8 | 9 | 12 | 13 | 13 | 14 | 50 | 55 | 69 | 56 | 48 | 294 | 298 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 5 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 11 | 11 | 0 | 0 | 0 | 0 |
8 | 9 | 12 | 13 | 13 | 14 | 38 | 44 | 58 | 56 | 48 | 288 | 294 | |
Total Assets | 8 | 9 | 12 | 13 | 13 | 14 | 50 | 55 | 69 | 56 | 48 | 294 | 298 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | -3 | -0 | -1 | -1 | -5 | -1 | -25 | 3 | 2 | -3 | |
0 | 0 | 0 | 0 | 1 | 1 | 6 | 2 | 7 | -1 | 6 | 0 | |
0 | 0 | 3 | 0 | -0 | -0 | 0 | 2 | 16 | -2 | -7 | 0 | |
Net Cash Flow | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 3 | -3 | 0 | 1 | -2 |
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 | 0 | 0 | 0 | 0 | 347 | 147 | 84 | 136 | 103 | 69 | 348 | |
Inventory Days | 6 | 18 | 3 | 22 | 0 | 0 | 0 | |||||
Days Payable | 365 | 138 | 60 | 131 | 331 | |||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | -12 | 28 | 27 | 26 | 103 | 69 | 17 | |
Working Capital Days | 78 | 98 | 4,329 | 4,339 | 258 | 28 | 17 | 163 | 161 | 143 | 38 | |
ROCE % | 148% | 5% | 3% | 3% | 7% | 28% | 12% | 1% | 1% | 21% | -8% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018, for the quarter ended March 31, 2024.
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Financial Year Ended March 31, 2024 17 Apr
- Closure of Trading Window 30 Mar
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 7 Mar
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 7 Mar
Product Portfolio
The Company 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. [1]
It sells all its products under its own brand i.e. White Organics. [2]