Organic Recycling Systems Ltd
Incorporated in 2008, Organic Recycling Systems Limited is an engineering company offering sustainable waste management solutions.[1]
- Market Cap ₹ 218 Cr.
- Current Price ₹ 252
- High / Low ₹ 377 / 206
- Stock P/E 8.69
- 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: | 1% |
| 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 | |
|---|---|---|
| Patents Granted Number |
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| Proprietary Waste Valorisation Technologies Number |
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| Solapur Facility TPD TPD |
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| Total Headcount (Employees) Number |
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| Total Waste Processing Capacity Tonnes Per Day (TPD) |
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| Capacity Utilization (Solapur Plant) % |
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| Cumulative Compost Supplied (Solapur Plant) Tons ・Standalone data |
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| Cumulative Waste Processed (Solapur Plant) Lakh Tons ・Standalone data |
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| Emissions Mitigated (Solapur Plant) Lakh Tons CO2 Equivalent ・Standalone data |
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| Pan-India Project Footprint (Execution Locations) Number of Locations |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
5 May - ORSL partners with General Carbon Advisory Services for CBAM advisory and sustainability compliance services on 5 May 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
28 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Apr - Organic Recycling Systems released revised H2FY26 and FY26 results: revenue up 117% to Rs 1,050.75 mn.
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Proposal For Expansion Of Company'S Business
24 Apr - Board approved FY26 audited results, BOO agro valorisation expansion proposal, and appointed Head-HR effective May 4, 2026.
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Announcement Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 - Appointment Of Senior Management Personnel (SMP)
24 Apr - Board approved audited FY26 results, BOO agro-valorisation expansion proposal, and appointed Head-HR from May 4, 2026.
Annual reports
Concalls
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Jun 2025TranscriptAI SummaryPPT
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.