WHITEORG
White Organic Agro financials
- Market cap
- ₹13 Cr
Quarterly results
Q1 FY22: revenue up 35.1%, net profit up 53.1% against the same quarter last year.
| Line item | Q2 FY20 | Q3 FY20 | Q4 FY20 | Q1 FY21 | Q2 FY21 | Q3 FY21 | Q4 FY21 | Q1 FY22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 53 | 69 | 22 | 18 | 24 −55% | 29 −57% | 68 +204% | 25 +35% |
| EBITDA | 4 | 4 | -14 | 1 | 0 −96% | 0 −90% | -4 +72% | 2 +68% |
| Net profit | 4 | 4 | -12 | 1 | 1 −84% | 1 −81% | -3 +79% | 2 +53% |
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 −37.8% 1Y
1Y: ₹5.56 on 9 Sept 2025 → ₹3.46. High ₹5.56 (9 Sept 2025), low ₹2.99 (30 Mar 2026).
Financials, as filed
Revenue fell 35.7% a year over 2 years, FY19 to FY21. Operating margin narrowed to -1.5%.
| Year ending | FY19 | FY20 | FY21 |
|---|---|---|---|
| Revenue | ₹338 Cr | ₹190 Cr | ₹140 Cr |
| Operating profit | ₹5 Cr | ₹-3 Cr | ₹-2 Cr |
| Operating margin | 1.5% | -1.4% | -1.5% |
| Interest | ₹0 Cr | ₹-0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹5 Cr | ₹0 Cr | ₹0 Cr |
| Net margin | 1.5% | 0.2% | 0.3% |
| Cash from operations | ₹-12 Cr | ₹-4 Cr | ₹-9 Cr |
| Free cash flow | ₹-12 Cr | ₹-4 Cr | ₹-9 Cr |
| ROCE | 12.0% | 1.0% | 1.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 |
|---|---|---|---|---|---|---|
| Equity capital | ₹12 Cr | ₹12 Cr | ₹18 Cr | ₹35 Cr | ₹35 Cr | ₹35 Cr |
| Reserves | ₹13 Cr | ₹18 Cr | ₹35 Cr | ₹23 Cr | ₹30 Cr | ₹30 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹2 Cr | ₹4 Cr |
| Other liabilities | ₹1 Cr | ₹4 Cr | ₹46 Cr | ₹67 Cr | ₹71 Cr | ₹54 Cr |
| Total liabilities | ₹26 Cr | ₹35 Cr | ₹98 Cr | ₹126 Cr | ₹137 Cr | ₹123 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹21 Cr | ₹27 Cr | ₹24 Cr | ₹21 Cr | ₹24 Cr | ₹26 Cr |
| Other assets | ₹5 Cr | ₹8 Cr | ₹74 Cr | ₹105 Cr | ₹113 Cr | ₹97 Cr |
| Total assets | ₹26 Cr | ₹35 Cr | ₹98 Cr | ₹126 Cr | ₹137 Cr | ₹123 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 Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 4% to 25,912.
- Promoters
- 25.5%
- Public
- 74.5%
Since Jun 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 25.5%, Public 74.5%.Dec '23: Promoters 25.5%, Public 74.5%.Mar '24: Promoters 25.5%, Public 74.5%.Jun '24: Promoters 25.5%, Public 74.5%.Sep '24: Promoters 25.5%, Public 74.5%.Dec '24: Promoters 25.5%, Public 74.5%.Mar '25: Promoters 25.5%, Public 74.5%.Jun '25: Promoters 25.5%, Public 74.5%.Sep '25: Promoters 25.5%, Public 74.5%.Dec '25: Promoters 25.5%, Public 74.5%.Mar '26: Promoters 25.5%, Public 74.5%.Jun '26: Promoters 25.5%, Public 74.5%.
Who is on the register
Named in the Jun 2026 filing
Every holder of White Organic Agro Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sapna Infratech Private Limited | 9.93% | unchanged |
| Darshak Mahesh Rupani | 6.94% | unchanged |
| Sapna Mahesh Rupani | 4.40% | unchanged |
| JR Seamless Private Limited | 2.70% | unchanged |
| Blueshell Systems Private Limited | 2.29% | unchanged |
| Prashantt Mahesh Rupani | 1.94% | unchanged |
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.
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