Waterbase Ltd
Incorporated in 1993, Waterbase Ltd is in the business of Shrimp Feeds, Shrimp Aquaculture and Shrimp Hatchery[1]
- Market Cap ₹ 303 Cr.
- Current Price ₹ 73.2
- High / Low ₹ 105 / 65.0
- Stock P/E
- Book Value ₹ 43.8
- Dividend Yield 0.00 %
- ROCE -1.47 %
- ROE -2.28 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -2.54% over past five years.
- Company has a low return on equity of 0.32% over last 3 years.
- Earnings include an other income of Rs.3.44 Cr.
- Debtor days have increased from 79.6 to 106 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Miscellaneous Industry: Aquaculture
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
97 | 148 | 228 | 278 | 300 | 320 | 339 | 362 | 318 | 207 | 292 | 298 | 338 | |
87 | 136 | 204 | 247 | 288 | 289 | 281 | 311 | 286 | 193 | 284 | 294 | 337 | |
Operating Profit | 10 | 12 | 24 | 31 | 12 | 30 | 58 | 51 | 32 | 14 | 7 | 4 | 0 |
OPM % | 11% | 8% | 10% | 11% | 4% | 10% | 17% | 14% | 10% | 7% | 2% | 1% | 0% |
1 | 1 | 1 | 2 | -1 | 2 | 2 | 6 | 2 | 3 | 3 | 3 | 3 | |
Interest | 2 | 2 | 3 | 1 | 4 | 9 | 4 | 3 | 3 | 1 | 1 | 2 | 3 |
Depreciation | 2 | 3 | 2 | 1 | 4 | 5 | 6 | 7 | 7 | 7 | 8 | 9 | 10 |
Profit before tax | 7 | 8 | 20 | 30 | 3 | 18 | 49 | 47 | 25 | 8 | 0 | -4 | -9 |
Tax % | 18% | 21% | 34% | 35% | 17% | 35% | 38% | 35% | 26% | 27% | 72% | 20% | |
6 | 6 | 14 | 20 | 2 | 12 | 30 | 31 | 19 | 6 | 0 | -3 | -8 | |
EPS in Rs | 1.46 | 1.56 | 3.52 | 5.05 | 0.56 | 3.00 | 7.22 | 7.45 | 4.48 | 1.43 | 0.02 | -0.84 | -1.82 |
Dividend Payout % | 0% | 0% | 0% | 30% | 89% | 33% | 21% | 20% | 0% | 70% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | -3% |
3 Years: | -2% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | -14% |
3 Years: | -12% |
1 Year: | 5% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 6% |
3 Years: | 0% |
Last Year: | -2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 26 | 26 | 39 | 39 | 39 | 39 | 41 | 41 | 41 | 41 | 41 | 41 | 41 |
Reserves | 28 | 35 | 48 | 61 | 75 | 86 | 108 | 132 | 142 | 149 | 145 | 141 | 140 |
20 | 30 | 14 | 12 | 53 | 68 | 28 | 28 | 12 | 1 | 1 | 39 | 22 | |
38 | 42 | 57 | 54 | 41 | 52 | 80 | 48 | 42 | 52 | 40 | 65 | 51 | |
Total Liabilities | 113 | 133 | 158 | 166 | 207 | 245 | 258 | 249 | 238 | 243 | 228 | 287 | 254 |
16 | 15 | 15 | 17 | 60 | 62 | 61 | 73 | 70 | 66 | 65 | 75 | 74 | |
CWIP | 0 | 0 | 0 | 1 | 3 | 3 | 9 | 1 | 1 | 0 | 3 | 4 | 2 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
96 | 117 | 143 | 148 | 144 | 180 | 188 | 175 | 167 | 177 | 159 | 207 | 178 | |
Total Assets | 113 | 133 | 158 | 166 | 207 | 245 | 258 | 249 | 238 | 243 | 228 | 287 | 254 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 11 | 3 | 12 | 12 | -13 | 55 | 20 | 44 | 52 | 2 | -37 | |
-1 | -1 | 1 | -4 | -12 | -7 | -6 | -8 | -4 | -53 | 28 | -15 | |
-5 | -1 | 5 | -5 | -13 | -15 | -9 | -13 | -20 | -10 | -5 | 31 | |
Net Cash Flow | 2 | 9 | 8 | 4 | -13 | -36 | 40 | -2 | 20 | -11 | 25 | -21 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 129 | 113 | 77 | 75 | 84 | 94 | 97 | 74 | 85 | 84 | 49 | 106 |
Inventory Days | 166 | 116 | 112 | 72 | 60 | 108 | 139 | 131 | 100 | 153 | 98 | 122 |
Days Payable | 174 | 116 | 110 | 58 | 37 | 54 | 87 | 39 | 33 | 77 | 42 | 74 |
Cash Conversion Cycle | 122 | 114 | 80 | 89 | 107 | 148 | 149 | 165 | 153 | 159 | 105 | 154 |
Working Capital Days | 148 | 132 | 93 | 85 | 89 | 118 | 101 | 110 | 115 | 112 | 87 | 134 |
ROCE % | 12% | 12% | 24% | 30% | 7% | 15% | 29% | 27% | 14% | 5% | 1% | -1% |
Documents
Announcements
- Compliance Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024. 11 Apr
- Independent Auditors Certificate In Compliance With Exemption Order Dated November 15, 2019. 10 Apr
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024 8 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2024.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 29 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Sep 2022TranscriptNotesPPT
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Sep 2021TranscriptNotesPPT
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May 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Aug 2017TranscriptNotesPPT
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Sep 2016TranscriptNotesPPT
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Nov 2015TranscriptNotesPPT
Business Overview:[1]
WBL is a part of the KCT group. It is a manufacturer and exporter of shrimp feed, prawn feed, and crab & fish processing machinery in India. It also processes shrimp in IQF, Block Frozen and Cooked form from its own captive farms, and exports its produce to global markets, predominantly Japan, Europe and the United States.
The company’s processing plant is FDA listed and EU approved, and processing is done as per HACCP guidelines