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 ₹ 11.9 Cr.
- Current Price ₹ 3.65
- High / Low ₹ 9.09 / 3.27
- Stock P/E
- Book Value ₹ 3.71
- Dividend Yield 0.00 %
- ROCE -130 %
- ROE -130 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.98 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 35.4%
- Company has a low return on equity of -28.6% over last 3 years.
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 61 | 76 | 274 | 0 | 0 | |
| 62 | 68 | 278 | 29 | 96 | |
| Operating Profit | -1 | 8 | -4 | -29 | -96 |
| OPM % | -1% | 10% | -1% | ||
| 1 | 1 | 1 | 7 | 7 | |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 6 | 5 |
| Profit before tax | 0 | 9 | -4 | -27 | -94 |
| Tax % | 25% | 27% | 2% | -0% | |
| 0 | 7 | -4 | -27 | -94 | |
| EPS in Rs | 0.07 | 2.04 | -1.16 | -8.33 | -28.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -1377% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -21% |
| 3 Years: | -65% |
| 1 Year: | -52% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -29% |
| Last Year: | -130% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 11 | 11 | 33 | 33 |
| Reserves | 26 | 32 | 7 | -21 |
| 7 | 0 | 0 | 0 | |
| 13 | 5 | 255 | 62 | |
| Total Liabilities | 56 | 48 | 294 | 74 |
| 0 | 0 | 6 | 0 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 56 | 48 | 289 | 74 | |
| Total Assets | 56 | 48 | 294 | 74 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 3 | 2 | -3 | -12 | |
| -1 | 6 | 0 | 13 | |
| -2 | -7 | 0 | -0 | |
| Net Cash Flow | 0 | 1 | -2 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 103 | 69 | 348 | |
| Inventory Days | 0 | 0 | 0 | 0 |
| Days Payable | 331 | |||
| Cash Conversion Cycle | 103 | 69 | 17 | |
| Working Capital Days | 161 | 143 | 38 | |
| ROCE % | 21% | -8% | -130% |
Documents
Announcements
-
Update on board meeting
1d - Rescheduled Board Meeting to November 26, 2024.
-
Board Meeting Intimation for Prior Intimation Of Board Meeting Scheduled To Be Held On Saturday, November 23, 2024.
19 Nov - Board meeting on November 23 to discuss share capital increase.
-
Intimation Of Delay In Publishing Financial Results.
13 Nov - Delay in publishing financial results for Q2 2024.
-
Intimation Of The Extension Of The Annual General Meeting Of The Company For The Financial Year Ended On March 31, 2024.
30 Sep - Extension of Annual General Meeting by three months.
- Closure of Trading Window 27 Sep
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]