Price
Financials
Consolidated, Rs crore| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 13 | 15 | 18 | 31 | 30 | 74 |
| Expenses | 7 | 10 | 9 | 19 | 16 | 59 |
| Operating Profit | 6 | 5 | 9 | 12 | 14 | 16 |
| OPM % | 44% | 32% | 51% | 38% | 46% | 21% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 3 | 0 | 2 | 2 | 2 | 2 |
| Profit before tax | 2 | 5 | 7 | 10 | 13 | 14 |
| Tax % | 2% | -25% | 7% | 7% | 5% | 6% |
| Net Profit | 2 | 6 | 7 | 9 | 12 | 13 |
| EPS in Rs | 1.75 | 5.00 | 5.89 | 6.84 | 9.32 | 9.98 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 13 | 15 | 25 | 27 | 44 | 105 |
| Expenses | 12 | 15 | 13 | 17 | 28 | 75 |
| Operating Profit | 0 | -1 | 11 | 11 | 16 | 30 |
| OPM % | 1.4% | -4.6% | 46% | 39% | 36% | 29% |
| Other Income | 3 | 3 | 1 | 0 | 5 | 1 |
| Interest | 1 | 2 | 2 | 2 | 0 | 0 |
| Depreciation | 6 | 6 | 5 | 3 | 3 | 4 |
| Profit before tax | -4 | -5 | 5 | 7 | 17 | 26 |
| Tax % | -0% | -0% | 22% | -16% | 7% | 5% |
| Net Profit | -4 | -5 | 4 | 8 | 16 | 25 |
| EPS in Rs | 4.68 | 6.76 | 12.09 | 19.29 | ||
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 53% | 62% | 140% | ||
| Compounded Profit Growth | % | 50% | 90% | 58% | ||
| Stock Price CAGR | % | % | % | 8% | ||
| Return on Equity | % | 15% | 17% | 19% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 5 | 8 | 9 | 9 |
| Reserves | 13 | 8 | 20 | 74 | 127 | 114 |
| Borrowings | 55 | 55 | 70 | 33 | 36 | 46 |
| Other Liabilities | 35 | 44 | 24 | 20 | 22 | 42 |
| Total Liabilities | 103 | 107 | 119 | 135 | 194 | 210 |
| Fixed Assets | 69 | 65 | 60 | 56 | 61 | 72 |
| CWIP | 3 | 6 | 10 | 17 | 18 | 28 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 |
| Other Assets | 31 | 36 | 49 | 63 | 115 | 110 |
| Total Assets | 103 | 107 | 119 | 135 | 194 | 210 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0 | 8 | -24 | 3 | -7 | 19 |
| Cash from Investing Activity | -4 | -7 | -4 | -5 | -17 | -23 |
| Cash from Financing Activity | 4 | -2 | 28 | 10 | 41 | -18 |
| Net Cash Flow | 1 | -1 | -0 | 8 | 17 | -23 |
| Free Cash Flow | -4 | 1 | -28 | -2 | -24 | -6 |
| CFO/OP | -122% | -1,170% | -210% | 30% | -40% | 64% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 423 | 499 | 462 | 470 | 304 | 242 |
| Inventory Days | 114 | 176 | 70 | |||
| Days Payable | 751 | 92 | 85 | |||
| Cash Conversion Cycle | 423 | 499 | 462 | -166 | 389 | 227 |
| Working Capital Days | -357 | -587 | 239 | 306 | 312 | 185 |
| ROCE % | -6% | 9% | 8% | 12% | 16% |
| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Jul 2026 | |
|---|---|---|---|---|---|---|---|
| Promoters | 20.35% | 20.35% | 20.35% | 18.10% | 18.10% | 18.10% | 15.07% |
| DIIs | 1.69% | 0.00% | 0.00% | 0.36% | 0.37% | 0.15% | 0.00% |
| Public | 77.96% | 79.64% | 79.64% | 81.55% | 81.54% | 81.75% | 84.93% |
| No. of Shareholders | 2,201 | 1,096 | 1,092 | 971 | 920 | 892 | 1,034 |
Fundamentals
Market Cap₹ 304 Cr.
Current Price₹ 195
Stock P/E12.1
Book Value₹ 94.7
ROCE15.9 %
ROE19.4 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)140%
Compounded Profit Growth (TTM)58%
Consolidated figures.
Valuation
Market capRs 314 Cr
Enterprise valueRs 368 Cr
Price to book41.08x
Price to sales21.48x
EV / EBITDA161.49x
EV / sales25.20x
Price to cash flow40.03x
Earnings yield-1.70%
Profitability
Operating margin (excl. other income)-4.59%
Operating margin (incl. other income)15.61%
EBITDA margin15.61%
Pre-tax margin-36.62%
Net profit margin-36.62%
ROE-51.87%
ROCE-5.65%
ROA-5.11%
ROIC (approx.)-5.94%
Other income / net worth38.61%
Growth
Sales growth (latest year)16.69%
Per share
EPS (TTM)Rs -3.43
EPS (latest year)Rs -3,890.91
Book value per shareRs 4.90
Sales per shareRs 9.37
Cash flow per shareRs 5.03
Free cash flow per shareRs -3.85
Efficiency
Asset turnover0.14x
Fixed asset turnover0.23x
Inventory turnover5.90x
Inventory days62 days
Debtor days499 days
Debtors turnover0.73x
Creditor days85 days
Cash conversion cycle227 days
Working capital days185 days
Leverage
Total debtRs 55 Cr
Cash and bankRs 0 Cr
Net debtRs 54 Cr
Debt to equity7.15x
Net debt / EBITDA23.84x
Interest coverage-2.20x
Owners' fund to total sources7.16%
Debt to assets51.20%
Cash flow
Cash from Operating Activity (latest year)Rs 8 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -6 Cr
FCFE (approx.: FCF + change in debt)Rs -6 Cr
Cash from ops / profit, 5 years-0.02x
Sales to cash flow1.86x
Statement figures
Net sales (TTM)Rs 15 Cr
Net sales (latest year)Rs 15 Cr
Operating profit excl. other income (latest year)Rs -1 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs -5 Cr
Net profit (TTM)Rs -5 Cr
Net profit (latest year)Rs -5 Cr
Depreciation (TTM)Rs 6 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 7 Cr
Total expenditure (latest year)Rs 15 Cr
Total income (latest year)Rs 18 Cr
Share capitalRs 0 Cr
ReservesRs 8 Cr
Shareholders' fundsRs 8 Cr
Total assetsRs 107 Cr
Net blockRs 65 Cr
Capital work in progressRs 6 Cr
ReceivablesRs 20 Cr
InventoryRs 1 Cr
Other liabilitiesRs 44 Cr
Shares outstanding (crore)1.56
Ownership
Promoter holding15.07% (-5.28 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 543997 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +11.7% | -2.8% | +14.5 pts |
| 1 month | +35.5% | -6.8% | +42.3 pts |
| 3 months | -12.8% | -7.6% | -5.2 pts |
Red flags
F-score 5 of 8| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹74 Cr +393.3% vs Mar 2024.
Net profit ₹13 Cr +116.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Refex Industries Ltd | 3,729 | 13.1 | 22.7 % |
| EMS Ltd | 1,874 | 27.5 | 12.8 % |
| Antony Waste Handling Cell Ltd | 1,029 | 17.6 | 11.2 % |
| Effwa Infra & Research Ltd | 831 | 29.0 | 29.3 % |
| Eco Recycling Ltd | 779 | 32.4 | 30.8 % |
| Namo eWaste Management Ltd | 765 | 53.4 | 21.3 % |
| Z-Tech (India) Ltd | 641 | 17.4 | 20.0 % |
| Concord Enviro Systems Ltd | 538 | 6.76 % | |
| VVIP Infratech Ltd | 360 | 12.0 | 18.8 % |
| Hi-Green Carbon Ltd | 307 | 59.4 | 10.2 % |
| Race Eco Chain Ltd | 206 | 27.4 | 11.1 % |
| Urban Enviro Waste Management Ltd | 106 | 7.14 | 29.1 % |
| Gem Enviro Management Ltd | 81 | 18.2 | 11.8 % |
| Greenleaf Envirotech Ltd | 65 | 9.01 | 34.7 % |
| EP Biocomposites Ltd | 16 | 11.3 | 16.3 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Organic Recycling Systems Ltd?
Organic Recycling Systems Ltd (543997) has a market capitalisation of Rs 304 Cr. at the 2026-10-01 close.
What is the P/E ratio of Organic Recycling Systems Ltd?
Organic Recycling Systems Ltd trades at a P/E of 12.1 on trailing twelve-month profit, at the 2026-10-01 close.
What were Organic Recycling Systems Ltd's latest quarterly results?
In the Mar 2026 quarter, Organic Recycling Systems Ltd sales was Rs 74 Cr (+393.3% vs Mar 2024) and net profit was Rs 13 Cr.