Organic Recycling Systems Ltd
Incorporated in 2008, Organic Recycling Systems Limited is an engineering company offering sustainable waste management solutions.[1]
- Market Cap ₹ 239 Cr.
- Current Price ₹ 230
- High / Low ₹ 315 / 206
- Stock P/E 9.54
- Book Value ₹ 142
- Dividend Yield 0.00 %
- ROCE 15.9 %
- ROE 19.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 50.0% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 18.1%
- Tax rate seems low
- Company might be capitalizing the interest cost
- Company has high debtors of 242 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 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 13 | 15 | 25 | 27 | 44 | 105 | |
| 12 | 15 | 13 | 17 | 28 | 75 | |
| Operating Profit | 0 | -1 | 11 | 11 | 16 | 30 |
| OPM % | 1% | -5% | 46% | 39% | 36% | 29% |
| 3 | 3 | 1 | 0 | 5 | 1 | |
| Interest | 1 | 2 | 2 | 2 | 0 | 0 |
| Depreciation | 6 | 6 | 5 | 3 | 3 | 4 |
| Profit before tax | -4 | -5 | 5 | 7 | 17 | 26 |
| Tax % | 0% | 0% | 22% | -16% | 7% | 5% |
| -4 | -5 | 4 | 8 | 16 | 25 | |
| EPS in Rs | -3,253.62 | -3,876.81 | 7.02 | 10.09 | 18.15 | 28.96 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 62% |
| TTM: | 140% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | 90% |
| TTM: | 58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 17% |
| Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 5 | 8 | 9 | 9 |
| Reserves | 13 | 8 | 20 | 74 | 127 | 114 |
| 55 | 55 | 70 | 33 | 36 | 46 | |
| 35 | 44 | 24 | 20 | 22 | 42 | |
| Total Liabilities | 103 | 107 | 119 | 135 | 194 | 210 |
| 69 | 65 | 60 | 56 | 61 | 72 | |
| CWIP | 3 | 6 | 10 | 17 | 18 | 28 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 31 | 36 | 49 | 63 | 115 | 110 | |
| Total Assets | 103 | 107 | 119 | 135 | 194 | 210 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -0 | 8 | -24 | 3 | -7 | 19 | |
| -4 | -7 | -4 | -5 | -17 | -23 | |
| 4 | -2 | 28 | 10 | 41 | -18 | |
| Net Cash Flow | 1 | -1 | -0 | 8 | 17 | -23 |
| Free Cash Flow | -4 | 1 | -28 | -2 | -24 | -6 |
| CFO/OP | -122% | -1,170% | -210% | 30% | -40% | 64% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 423 | 499 | 462 | 470 | 304 | 242 |
| Inventory Days | 114 | 176 | 70 | |||
| Days Payable | 751 | 92 | 85 | |||
| Cash Conversion Cycle | 423 | 499 | 462 | -166 | 389 | 227 |
| Working Capital Days | -357 | -587 | 239 | 306 | 312 | 185 |
| ROCE % | -6% | 9% | 8% | 12% | 16% |
Insights
In beta| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Number of Academic/Research Collaborations count |
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| Number of Operational/Under-Execution Projects count |
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| Number of Patents Granted count ・Standalone data |
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| Total Processing Capacity TPD |
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| Capacity Utilization % |
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| Cumulative CO2 Emissions Mitigated (Solapur Plant) tons |
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| Cumulative Compost Supplied (Solapur Plant) tons |
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| Cumulative Waste Processed (Solapur Plant) tons |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Jul - The notice of Extra-Ordinary General Meeting of the Company scheduled to be held on Monday August 3, 2026 at 11.30 A.M. IST through Video Conference/Other …
- Notice Of Extra-Ordinary General Meeting Of The Company Scheduled To Be Held On Monday, August 3, 2026 At 11.30 A.M. IST Through Video Conference/Other Audio Visual Means. 10 Jul
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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), 2015
6 Jul - Board recommended 1:2 bonus issue of 51,99,637 shares; record date to be announced.
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Board Meeting Intimation for Consideration Of Proposal Of Issue Of Bonus Shares
22 Jun - Board will consider bonus share issue on July 6, 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
4 Jun - ORSL starts 10 kg/h downdraft gasification pilot for agricultural shell waste on 4 June 2026.
Business Profile:[1]
Organic Recycling Systems is an engineering company focused on environmental solutions and providing waste management solutions across waste types and across the value chain.