White Organic Agro Ltd

White Organic Agro Ltd

BBSE:WHITEORG
3.54
INR
+0.11
(+3.21%)
0.22EPS
16.24P/E
126.70MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2.44
1.17
1.02
7.48
53.69
96.58
54.36
22.51
42.3
49.57
9.56
5.61
3.79
5.63
Basic EPS, GAAP
0.09
0.12
0.15
0.52
2.87
1.42
0.08
0.04
2.51
0.35
0.33
0.49
0.28
0.22
Free Cash Flow per Basic Share
-0.45
-0.76
1.7
-0.03
-3.34
-3.34
-1.03
-2.55
-0.41
1.35
-1.05
-1.28
-1.05
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
9.88
10.01
10.16
12.26
14.89
16.45
18.51
12.24
15.4
15.6
15.94
16.44
16.72
- -
Tangible Book Value per Share
9.88
10.01
10.16
12.26
14.89
16.45
18.51
12.23
15.4
15.6
15.94
16.44
16.72
- -
Basic Weighted Avg Shares
25
25
25
28
35
35
35
35
35
35
35
35
35
35
Sales/Revenue/Turnover
61
29
26
206
1,879
3,380
1,903
788
1,480
1,735
335
196
133
197
Operating Margin (%)
-1.74
-4.78
-6.55
-0.1
5.77
1.56
-0.97
-1.12
3.55
- -
-0.3
-12.26
-20.88
-14.7
Depreciation Expense
- -
1
- -
- -
1
1
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
2
3
4
14
100
50
3
2
88
12
12
17
10
8
Effective Tax Rate (%)
46.95
33.51
32.05
21.42
16.22
26.42
27.98
23.24
19.02
28.63
31.47
25.3
32.48
30.26
Profit Margin (%)
3.59
10.54
14.33
6.98
5.34
1.47
0.14
0.19
5.93
0.71
3.5
8.81
7.36
3.96
Working Capital
235
248
39
37
293
375
416
230
436
475
356
-6
-2
- -
LT Debt
- -
- -
- -
- -
4
- -
- -
40
- -
127
- -
- -
- -
- -
Total Equity
247
250
254
306
539
594
673
455
539
546
558
575
585
- -
Return on Invested Capital (%)
0.89
1.23
1.42
4.91
20.93
6.45
-2.89
-1.55
15.09
-0.24
-1.2
-3.15
-3.3
- -
Return on Capital (%)
0.89
1.24
1.44
5.03
20.57
8.43
0.33
0.07
16.99
3.06
3.09
3.06
1.68
- -
Return on Common Equity (%)
0.89
1.24
1.45
5.12
24.23
9.05
0.45
0.28
18.15
2.28
2.12
3.05
1.68
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
35
35
35
Market Capitalization
140
105
127

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
87
- -
Cash, Cash Equivalents & STI
- -
6
- -
Accounts Receivable, Net
- -
76
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
89
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.45%
5.37%
1.7%
Free Cash Flow
- -
-137.18%
-18.18%
Net Income, GAAP
628.21%
1,116.07%
-43.63%
Sales/Revenue/Turnover
144.77%
-9.87%
-32.46%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
50
74
31
42
196
2026
1
- -
- -
132
133
2027
65
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.21
0.22
-0.05
0.11
0.49
2026
0.23
0.23
-0.04
-0.12
0.28
2027
0.15
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Darshak Mahesh Rupani
Full Time Employees
11
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
312A, Kailas Plaza Mumbai MA India 400077
IPO Date
Dec 8, 1994
Business
White Organic Agro Limited engages in organic farming, cultivation, harvesting, processing, wholesale, retail and export of certified organic food products in India. The company offers a broad portfolio of over 250 products across 12 major categories and 17 subcategories, including cereals, pulses, grains, vegetables, fruits, health supplements, rice, spices, skincare products, snacks, syrups, capsules, medicinal powders, juices, soaps, incense sticks and mukhwas; it sells these under the White Organics brand through online platforms such as Grofers, BigBasket and Amazon, as well as export channels. Founded in 1990 and headquartered in Mumbai, Maharashtra, the company transformed from its prior identity as White Diamond Industries Limited, adopting its current name in December 2016 to focus on agro-based activities spanning seed research, land acquisition and full supply chain management. Recent developments include reporting unaudited financial results for the first quarter ended June 30, 2025, alongside purchase order receipts and routine compliance updates such as trading window closures ahead of half-year results in November 2025. White Organic Agro Limited operates primarily in the fast-moving consumer goods and agricultural products segments, targeting retail consumers and international markets with nearly debt-free operations and 15 employees.