ORGANICREC
ORGANIC RECYCLING SYSTEMS financials
- Market cap
- ₹240 Cr
Quarterly results
Q4 FY26: revenue up 393.3%, net profit up 116.7% against the same quarter last year.
| Line item | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 13 | 15 | 18 | 31 | 30 +131% | 74 +393% |
| EBITDA | 6 | 5 | 9 | 12 | 14 +133% | 16 +220% |
| Net profit | 2 | 6 | 7 | 9 | 12 +500% | 13 +117% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −36.6% 1Y
1Y: ₹270 on 10 Sept 2025 → ₹171.1. High ₹281.7 (12 Nov 2025), low ₹148 (26 Aug 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹0 Cr | ₹5 Cr | ₹8 Cr | ₹9 Cr | ₹9 Cr |
| Reserves | ₹13 Cr | ₹8 Cr | ₹20 Cr | ₹74 Cr | ₹112 Cr | ₹114 Cr |
| Borrowings | ₹55 Cr | ₹55 Cr | ₹70 Cr | ₹33 Cr | ₹44 Cr | ₹46 Cr |
| Other liabilities | ₹35 Cr | ₹44 Cr | ₹24 Cr | ₹20 Cr | ₹24 Cr | ₹42 Cr |
| Total liabilities | ₹103 Cr | ₹107 Cr | ₹119 Cr | ₹135 Cr | ₹189 Cr | ₹210 Cr |
| Fixed assets | ₹69 Cr | ₹65 Cr | ₹60 Cr | ₹56 Cr | ₹65 Cr | ₹72 Cr |
| Capital work in progress | ₹3 Cr | ₹6 Cr | ₹10 Cr | ₹17 Cr | ₹25 Cr | ₹28 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹31 Cr | ₹36 Cr | ₹49 Cr | ₹63 Cr | ₹100 Cr | ₹110 Cr |
| Total assets | ₹103 Cr | ₹107 Cr | ₹119 Cr | ₹135 Cr | ₹189 Cr | ₹210 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jul 2026
Since Mar 2025, the public added +3.38 pp while promoters trimmed −3.03 pp. The shareholder count grew 6% to 1,034.
- Promoters
- 15.1%
- Public
- 84.9%
Since Mar 2025
- Public +3.38 pp
- Promoters −3.03 pp
- DIIs −0.36 pp
How it drifted, 7 quarters
Over this window the public went from 78.0% to 84.9% — +7.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 20.4%, DIIs 1.7%, Public 78.0%.Mar '24: Promoters 20.4%, Public 79.6%.Sep '24: Promoters 20.4%, Public 79.6%.Mar '25: Promoters 18.1%, DIIs 0.4%, Public 81.5%.Sep '25: Promoters 18.1%, DIIs 0.4%, Public 81.5%.Mar '26: Promoters 18.1%, DIIs 0.1%, Public 81.8%.Jul '26: Promoters 15.1%, Public 84.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Bhavi Anil Shah newly disclosed 9.62% held
- Manish Mahendra Modi newly disclosed 2.24% held
- Harshad N. Mehta newly disclosed 1.44% held
- Sandhya Harshad Mehta newly disclosed 1.44% held
The same filing shows 10 holders trimming and 13 off the list — both are in the register beside this.
Who is on the register
Named in the Jul 2026 filing
Every holder of ORGANIC RECYCLING SYSTEMS LIMITED above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sarang Bhand | 15.07% | −3.03 pp |
| Bhavi Anil Shah | 9.62% | newly disclosed |
| Suhrud Chimanbhai Patel | 5.27% | −1.14 pp |
| Saumik Ketankumar Doshi | 3.59% | −0.98 pp |
| Harishbhai Ratilalbhai Mehta | 3.46% | −0.69 pp |
| Paulomi Ketankumar Doshi | 2.75% | −0.55 pp |
| Manish Mahendra Modi | 2.24% | newly disclosed |
| Mahendra Jayantilal Modi | 2.00% | −0.40 pp |
| Praful Amidas Mehta | 1.89% | −0.38 pp |
| Balram Chainrai | 1.47% | −0.30 pp |
| Harshad N. Mehta | 1.44% | newly disclosed |
| Sandhya Harshad Mehta | 1.44% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse ORGANIC RECYCLING SYSTEMS LIMITED
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