On 6 Nov 2026, White Organic Agro was priced at ₹3.69, or 16.8× trailing earnings, against an industry P/E of 13.7×, and the shares are 31% below their 52-week high. Sales and net profit fell 58% and 7.6% a year over 3 years, with ROCE of 2.5% and ROE of 1.7%, though net profit is above operating profit, which points to a one-off gain. It is a small-cap company with a market cap of ₹13 Cr, ranked 68th of 81 Farm Products companies by market cap; the shares fell 27% over the past year.
- ₹3.42
- ₹3.73
- ₹3.42
- ₹3.56
- 18.7K
Health check
- ReturnsBehind
−27.0% over a year, better than 1 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthShrinking
Sales −57.6%, profit −7.6% a year over 3 years.
- ProfitabilityWeak
ROCE 2.5% vs peer median 10.6%.
- Balance sheetFair
Piotroski 4 of 9.
- Red flags5 to check
Return on equity is low at 1.7%.
Small cap
Defensive
Key metrics
- Market cap
- ₹13 Cr
- Small cap
- P/E
- 16.8
- Industry 13.7
- Price to book
- 0.22
- Peers 1.92
- Dividend yield
- 0.00%
- ROE
- 1.7%
- Peers 7.6%
- ROCE
- 2.5%
- Peers 10.6%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹0.22
- OPM (TTM)
- −14.6%
- Net margin 3.6%
- Sales growth
- +11202.1%
- Latest quarter vs a year ago
- Profit growth
- −33.2%
- Latest quarter vs a year ago
- Price to sales
- 0.65
- EV/EBITDA −4.4
Strengths and risks
Strengths
- Quarterly sales up 11202.1% on a year ago.
Risks to check
- Return on equity is low at 1.7%.
- Quarterly profit down 33.2% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- 31% below its 52-week high.
- Interest coverage of only −1311.6×.
About White Organic Agro
White Organic Agro Limited engages in farming, cultivation, harvesting, processing, wholesale, retail, and export of organic food products in India. The company offers cereals, pulses, grains, vegetables, fruits, health supplements, rice, spices, snacks, and other agro commodities, as well as skincare products. It sells its products under the White Organics brand name. The company was formerly known as White Diamond Industries Limited and changed its name…
- Headquarters
- Mumbai
- Employees
- 11
- Sector
- Consumer Defensive
- ISIN
- INE146C01019
- Website
- whiteorganicagro.com
Price range
- Avg volume (3M)
- 25K
- 1-year return
- minus 27.0%
- From 52-week high
- minus 30.8%
Peers · Farm Products
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AEROPLANEAmir Chand Jagdish Kumar (Exports) | 238.71 | minus 1.56% | 2,472 | 19.9 | 2.49 | 23.2% | 15.9% | 10.5% | 20.6% | 80.7% | 0.00% | plus 32.6% |
| VENKEYSVenky's (India) | 1,587.90 | minus 1.21% | 2,237 | 12.9 | 1.40 | 12.1% | 9.1% | 6.0% | −4.0% | 25.5% | 0.63% | plus 4.5% |
| ANDREWYUAndrew Yule & Company | 23.47 | minus 2.21% | 1,148 | – | 3.55 | −4.7% | −5.8% | −27.2% | −7.7% | – | 0.00% | minus 25.1% |
| PERVASIVEPervasive Commodities | 12.32 | minus 1.44% | 1,110 | – | – | 0.0% | −0.1% | −0.9% | – | – | 0.00% | plus 941.7% |
| APEXApex Frozen Foods | 324.45 | minus 1.14% | 1,014 | 19.7 | 1.92 | 10.6% | 7.6% | 7.7% | −4.5% | 2.7% | 0.77% | plus 39.0% |
| ZEALZeal Global Services | 69.45 | plus 4.99% | 876 | – | – | 33.8% | 14.7% | 4.0% | 22.5% | 26.0% | – | minus 39.9% |
| DBOLDhampur Bio Organics | 127.32 | minus 6.27% | 835 | 25.3 | 0.82 | 7.7% | 2.5% | 6.5% | −4.3% | −39.0% | 1.18% | plus 73.0% |
| WHITEORGWhite Organic Agro | 3.69 | plus 3.65% | 13 | 16.8 | 0.22 | 2.5% | 1.7% | −14.6% | −57.6% | −7.6% | 0.00% | minus 27.0% |
| Median of 7 peers | – | −1.44% | 1,110 | 19.8 | 1.92 | 10.6% | 7.6% | 6.0% | −4.2% | 25.5% | 0.32% | 32.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.1 | 0 | 0 | 13.2 | 6.5 | |
| 0.2 | 0.3 | 0.9 | 14.7 | 6.8 | |
| −0.2 | −0.3 | −0.9 | −1.5 | −0.2 | |
| −328.0% | −1056.2% | −6583.2% | −11.6% | −3.6% | |
| 1.3 | 1.3 | 0.7 | 1 | 1 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 1.1 | 1.1 | −0.2 | −0.5 | 0.8 | |
| 25.2% | 25.2% | 25.1% | 19.2% | 28.6% | |
| 0.8 | 0.8 | −0.1 | −0.4 | 0.5 | |
| 0.23 | 0.23 | -0.04 | -0.12 | 0.15 |
Profit & loss
- Sales CAGR 3Y
- −57.6%
- Profit CAGR 3Y
- −7.6%
- EPS CAGR 3Y
- −7.2%
- ROE
- 1.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 174 | 33.5 | 19.6 | 13.3 | |
| – | minus 80.7% | minus 41.3% | minus 32.5% | |
| 174 | 33.5 | 22 | 16 | |
| 0 | −0.1 | −2.4 | −2.8 | |
| 0.0% | −0.3% | −12.2% | −20.8% | |
| 2.8 | 4.3 | 4.7 | 4.3 | |
| 0.9 | 1.1 | 0 | 0 | |
| 0 | 0 | 0 | 0 | |
| −0.2 | −1.4 | −0 | −0.1 | |
| 1.7 | 1.7 | 2.3 | 1.4 | |
| 28.6% | 31.5% | 25.3% | 32.5% | |
| 1.2 | 1.2 | 1.7 | 1 | |
| – | minus 5.2% | +47.7% | minus 43.6% | |
| 0.35 | 0.33 | 0.49 | 0.28 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 35 | 35 | 35 | 35 | |
| 19.6 | 20.8 | 22.5 | 23.5 | |
| 12.7 | – | – | – | |
| 12.4 | 3.5 | 5.8 | 8.9 | |
| 79.7 | 59.3 | 63.4 | 67.4 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 0.5 | – | – | 58.6 | |
| 10.8 | 0.6 | 0.5 | 0.6 | |
| 68.3 | 58.6 | 62.8 | 8.1 | |
| 79.7 | 59.3 | 63.4 | 67.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.7 | −3.7 | −4.5 | −3.7 | |
| −16.5 | 17.5 | 4.4 | 3.7 | |
| 11.9 | −13.8 | −0 | −0 | |
| 0.1 | 0.1 | −0.1 | 0.1 | |
| −0 | −0 | −0 | – | |
| 4.7 | −3.7 | −4.5 | −3.7 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.