Organic Recycling Systems Ltd
Incorporated in 2008, Organic Recycling Systems Limited is an engineering company offering sustainable waste management solutions.[1]
- Market Cap ₹ 252 Cr.
- Current Price ₹ 291
- High / Low ₹ 400 / 209
- Stock P/E 16.0
- Book Value ₹ 156
- Dividend Yield 0.00 %
- ROCE 12.0 %
- ROE 14.5 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -2.25%
- Promoter holding is low: 18.1%
- Tax rate seems low
- Company might be capitalizing the interest cost
- Company has high debtors of 304 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.
Peer comparison
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 13 | 15 | 25 | 27 | 44 | |
| 12 | 15 | 13 | 17 | 28 | |
| Operating Profit | 0 | -1 | 11 | 11 | 16 |
| OPM % | 1% | -5% | 46% | 39% | 36% |
| 3 | 3 | 1 | 0 | 5 | |
| Interest | 1 | 2 | 2 | 2 | 0 |
| Depreciation | 6 | 6 | 5 | 3 | 3 |
| Profit before tax | -4 | -5 | 5 | 7 | 17 |
| Tax % | 0% | 0% | 22% | -16% | 7% |
| -4 | -5 | 4 | 8 | 16 | |
| EPS in Rs | -3,253.62 | -3,876.81 | 7.02 | 10.09 | 18.15 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| TTM: | 59% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 70% |
| TTM: | 99% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 5 | 8 | 9 |
| Reserves | 13 | 8 | 20 | 74 | 127 |
| 55 | 55 | 70 | 33 | 36 | |
| 35 | 44 | 24 | 20 | 22 | |
| Total Liabilities | 103 | 107 | 119 | 135 | 194 |
| 69 | 65 | 60 | 56 | 66 | |
| CWIP | 3 | 6 | 10 | 17 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 31 | 36 | 49 | 63 | 115 | |
| Total Assets | 103 | 107 | 119 | 135 | 194 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -0 | 8 | -24 | 3 | -7 | |
| -4 | -7 | -4 | -5 | -17 | |
| 4 | -2 | 28 | 10 | 41 | |
| Net Cash Flow | 1 | -1 | -0 | 8 | 17 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 423 | 499 | 462 | 470 | 304 |
| Inventory Days | 114 | 176 | |||
| Days Payable | 751 | 92 | |||
| Cash Conversion Cycle | 423 | 499 | 462 | -166 | 389 |
| Working Capital Days | -129 | -402 | 281 | 330 | 319 |
| ROCE % | -6% | 9% | 8% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - ORS and Netel India partner for scalable urban waste and waste-to-energy projects via PPP and EPC models.
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Announcement under Regulation 30 (LODR)-Investor Presentation
23 Jun - In accordance with Regulation 30 of SEBI (LODR) Regulations, 2015, please find enclosed a copy of Investor Presentation.
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
12 Jun - Appointment of Vora & Associates as statutory auditor from June 12, 2025 till next AGM.
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Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Organic Recycling Systems Limited (The 'Company'), In Terms Of The Provisions Of Regulation 30 Of The SEBI (LODR) Regulations, 2015
12 Jun - Appointed Vora & Associates as statutory auditor from June 12, 2025 till next AGM.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
28 May - ORS and SSS-NIBE launch pilot biomethanation plant in Solapur for scalable bioenergy production.
Annual reports
Concalls
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Jun 2025TranscriptNotesPPT
Business Profile[1]
Co. is an engineering company focused on environmental solutions and providing waste management solutions across waste types and across the value chain.