Dear Sir/Madam, Pursuant to the subject, please find enclosed herewith the Investor Presentation of the Company.
Awaiting price reaction for this filing.
White Organic Retail has rebranded to Diva Organic Living Limited, pivoting from its earlier business into a full-stack women's wellness platform spanning six brands: Diva Yoga (live, 7,000+ members, NPS 82), Flook nutrition (launching Aug '25), Diva Fit activewear (launching Oct '25), Diva Veda ayurvedic skincare (14 SKUs), Aranyani Living wellness hospitality, and HerNest Living. Diva Yoga is co-founded by Malaika Arora and Sarvesh Shashi. The company is running a preferential equity capital raise with celebrity investors already committed, with proceeds earmarked for expanding Diva Yoga from 8 to 15 owned studios plus 15 franchises by June 2026, product development, and marketing. Financial projections show revenue scaling from ₹5 Cr (FY25 unaudited) to ₹42 Cr (FY26), ₹110 Cr (FY27), and ₹250 Cr (FY28), with EBITDA margins dipping from 17% to 8.6% before recovering to 12.4% by FY28. The company is targeting a ₹1,000 crore market cap by FY30.
This is a strategic pivot story with aggressive growth projections and an ongoing capital raise, which may dilute existing shareholders. The financial targets are forward-looking estimates dependent on successful brand launches, and margin volatility in early years warrants close monitoring.