White Organic Agro (BSE 513713)₹3.66−0.81%Other Agricultural Products
In the Mar 2026 quarter (standalone), White Organic Agro reported sales of ₹13.12 Cr, up 213.9% from Mar 2025, and net profit of −₹0.41 Cr, down 210.8% year on year. For the year to Mar 2026, sales were ₹13.22 Cr and net profit ₹0.97 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.65 | 8.29 | 9.35 | 8.04 | 4.95 | 7.38 | 3.05 | 4.18 | 0.05 | 0.02 | 0.00 | 13.12 |
| Expenses | 7.98 | 8.28 | 9.54 | 9.10 | 5.12 | 7.45 | 4.37 | 5.05 | 0.24 | 0.28 | 0.86 | 14.66 |
| Operating Profit | −0.31 | 0.02 | −0.19 | −1.04 | −0.17 | −0.07 | −1.31 | −0.85 | −0.18 | −0.27 | −0.85 | −1.52 |
| OPM % | −4.2% | 0.4% | −1.9% | −13.0% | −3.2% | −0.8% | −43.1% | −20.4% | −316.6% | −866.6% | −8,600.0% | −11.6% |
| Other Income | 2.37 | 1.07 | 0.79 | 0.01 | 1.15 | 1.07 | 1.10 | 1.37 | 1.26 | 1.33 | 0.67 | 1.00 |
| Interest | 0.28 | 0.21 | 0.17 | 0.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.80 | 0.92 | 0.47 | −1.46 | 1.01 | 1.03 | −0.22 | 0.53 | 1.09 | 1.09 | −0.19 | −0.54 |
| Tax % | 25.1% | 26.4% | 21.8% | −17.3% | 25.0% | 25.5% | −23.8% | 25.0% | 25.0% | 25.0% | −27.8% | −18.9% |
| Net Profit | 1.33 | 0.66 | 0.35 | −1.18 | 0.74 | 0.75 | −0.15 | 0.37 | 0.80 | 0.79 | −0.13 | −0.41 |
| EPS (Rs) | 0.39 | 0.20 | 0.11 | −0.35 | 0.22 | 0.23 | −0.06 | 0.12 | 0.24 | 0.24 | −0.05 | −0.13 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.54 | 19.09 | 44.57 | 161 | 121 | 78.56 | 147 | 173 | 33.35 | 19.56 | 13.22 | 13.19 |
| Expenses | 3.00 | 18.82 | 43.03 | 159 | 122 | 79.78 | 142 | 174 | 34.49 | 22.01 | 16.07 | 16.04 |
| Operating Profit | −0.45 | 0.28 | 1.59 | 2.54 | −0.91 | −1.21 | 5.25 | −0.95 | −1.09 | −2.40 | −2.83 | −2.82 |
| OPM % | −18.0% | 1.5% | 3.6% | 1.6% | −0.8% | −1.5% | 3.6% | −0.6% | −3.3% | −12.2% | −21.4% | −21.4% |
| Other Income | 0.69 | 0.71 | 1.38 | 0.78 | 1.17 | 1.40 | 5.58 | 3.56 | 3.86 | 4.73 | 4.29 | 4.26 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.88 | 1.06 | 0.02 | 0.00 | 0.00 |
| Depreciation | 0.06 | 0.06 | 0.03 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 |
| Profit before tax | 0.20 | 0.97 | 2.96 | 3.34 | 0.26 | 0.22 | 10.87 | 1.74 | 1.72 | 2.32 | 1.46 | 1.45 |
| Tax % | 31.6% | 9.4% | 23.4% | 29.1% | 28.0% | 23.8% | 19.0% | 28.3% | 31.6% | 25.1% | 32.4% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.29 | 0.00 | 0.00 | — |
| Net Profit | 0.12 | 0.86 | 2.25 | 2.35 | 0.17 | 0.14 | 8.74 | 1.23 | 1.16 | 1.72 | 0.97 | 1.05 |
| EPS (Rs) | 0.06 | 0.36 | 0.66 | 0.68 | 0.06 | 0.05 | 2.52 | 0.36 | 0.34 | 0.50 | 0.29 | 0.30 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.54 | 12.49 | 12.48 | 17.50 | 34.94 | 34.94 | 35.05 | 35.12 | 35.08 | 34.99 | 34.88 | 35.13 |
| Reserves | 11.93 | 12.03 | 16.71 | 25.42 | 10.25 | 10.42 | 10.49 | 18.98 | 19.67 | 20.82 | 22.51 | 23.61 |
| Borrowings | 0.02 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 3.96 | 0.00 | 12.76 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 1.59 | 0.53 | 2.80 | 8.46 | 26.83 | 42.59 | 38.94 | 51.47 | 12.43 | 3.49 | 5.81 | 8.91 |
| Total Liabilities | 26.08 | 25.21 | 31.99 | 51.38 | 72.02 | 87.95 | 88.44 | 106 | 79.94 | 59.30 | 63.20 | 67.65 |
| Fixed Assets | 0.16 | 0.11 | 0.10 | 0.06 | 0.06 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 9.53 | 14.89 | 16.65 | 27.78 | 27.52 | 15.57 | 0.66 | 0.52 | 20.08 | 57.90 | 0.00 |
| Other Assets | 25.92 | 15.57 | 17.00 | 34.67 | 44.18 | 60.38 | 72.82 | 105 | 79.36 | 39.16 | 5.24 | 67.60 |
| Inventories | 0.00 | 0.00 | 0.00 | 5.99 | 0.00 | 0.00 | 0.00 | 13.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 6.01 | 0.00 | 3.01 | 9.02 | 33.07 | 39.10 | 36.06 | 40.08 | 4.01 | 0.00 | 4.01 | 8.02 |
| Cash & equivalents | 0.00 | 0.00 | 0.00 | 2.99 | 4.99 | 0.99 | 0.00 | 16.98 | 10.99 | 0.99 | 0.00 | 0.99 |
| Total Assets | 26.08 | 25.21 | 31.99 | 51.38 | 72.02 | 87.95 | 88.44 | 106 | 79.94 | 59.30 | 63.20 | 67.65 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −1.42 | 3.97 | −0.50 | −8.25 | 12.80 | 1.87 | −8.93 | −1.44 | 4.74 | −3.68 | −4.48 | −3.67 |
| Cash from investing activity | 1.21 | −4.04 | −3.55 | −0.61 | −10.33 | −6.11 | 4.41 | 5.92 | −16.46 | 17.44 | 4.36 | 3.73 |
| Cash from financing activity | −0.01 | 0.14 | 4.05 | 11.39 | 0.00 | 0.00 | 3.94 | −4.27 | 11.83 | −13.74 | 0.00 | 0.00 |
| Net cash flow | −0.19 | 0.04 | 0.00 | 2.55 | 2.41 | −4.26 | −0.54 | 0.24 | 0.09 | 0.06 | −0.10 | 0.07 |
| Capex | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 3.76 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free cash flow | −1.40 | 3.95 | −0.52 | −8.21 | 12.76 | −1.88 | −7.37 | −1.43 | 4.70 | −3.66 | −4.47 | −3.65 |
| CFO / OP % | 340.0% | −876.1% | −145.1% | −506.1% | 527.0% | −334.1% | 745.9% | −21.1% | −762.1% | 290.9% | 160.9% | 109.9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 698 | 0 | 50 | 76 | 74 | 117 | 165 | 98 | 8 | 1 | 72 | 210 |
| Inventory days | 0 | 0 | 0 | 49 | 0 | 0 | 0 | 33 | 0 | 0 | 0 | 0 |
| Days payable | — | — | — | 67 | — | — | — | 117 | — | — | — | — |
| Cash conversion cycle | 698 | 0 | 50 | 57 | 74 | 117 | 165 | 14 | 8 | 1 | 72 | 210 |
| Working capital days | 1,529 | 442 | 269 | 192 | 27 | 50 | 106 | 66 | 77 | 382 | −21 | −21 |
| ROCE % | 0.6% | 0.8% | 3.5% | 8.1% | 7.5% | 0.6% | 0.4% | 20.9% | 4.3% | 5.1% | 4.1% | 2.5% |
For the Mar 2026 quarter, White Organic Agro reported sales of ₹13.12 Cr, up 213.9% year on year and net profit of −₹0.41 Cr, down 210.8% year on year. The operating margin was −11.6%.
White Organic Agro's sales for the year to Mar 2026 were ₹13.22 Cr; over the last twelve months they were ₹13.19 Cr.
Net profit for the year to Mar 2026 was ₹0.97 Cr, and ₹1.05 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.30.
White Organic Agro reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹0.99 Cr.
Cash from operations was −₹3.67 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹3.65 Cr.