Waterbase Ltd
Incorporated in 1993, Waterbase Ltd is in the business of Shrimp Feeds, Shrimp Aquaculture and Shrimp Hatchery[1]
- Market Cap ₹ 260 Cr.
- Current Price ₹ 62.7
- High / Low ₹ 65.9 / 38.1
- Stock P/E
- Book Value ₹ 35.4
- Dividend Yield 0.00 %
- ROCE -10.6 %
- ROE -11.1 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Debtor days have improved from 65.8 to 44.6 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.05% over past five years.
- Company has a low return on equity of -6.23% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Fast Moving Consumer Goods Fast Moving Consumer Goods Food Products Seafood
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 318 | 207 | 292 | 298 | 332 | 273 | 347 | |
| 286 | 193 | 284 | 294 | 336 | 291 | 360 | |
| Operating Profit | 32 | 14 | 7 | 4 | -4 | -18 | -13 |
| OPM % | 10% | 7% | 2% | 1% | -1% | -7% | -4% |
| 2 | 3 | 3 | 3 | 3 | 5 | 3 | |
| Interest | 3 | 1 | 1 | 2 | 3 | 3 | 4 |
| Depreciation | 7 | 7 | 8 | 9 | 10 | 8 | 7 |
| Profit before tax | 25 | 8 | 0 | -4 | -13 | -24 | -22 |
| Tax % | 26% | 27% | 76% | -20% | -21% | -24% | |
| 18 | 6 | 0 | -3 | -10 | -18 | -17 | |
| EPS in Rs | 4.46 | 1.43 | 0.02 | -0.84 | -2.52 | -4.38 | -4.04 |
| Dividend Payout % | 0% | 70% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -3% |
| 3 Years: | -2% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -11% |
| 3 Years: | -4% |
| 1 Year: | 4% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -3% |
| 3 Years: | -6% |
| Last Year: | -11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 41 | 41 | 41 | 41 | 41 | 41 | 41 |
| Reserves | 142 | 149 | 145 | 141 | 131 | 114 | 105 |
| 12 | 1 | 1 | 39 | 26 | 44 | 50 | |
| 42 | 52 | 40 | 65 | 44 | 45 | 60 | |
| Total Liabilities | 238 | 243 | 227 | 287 | 242 | 244 | 256 |
| 70 | 66 | 65 | 75 | 72 | 75 | 72 | |
| CWIP | 1 | 0 | 3 | 4 | 2 | 0 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 167 | 177 | 159 | 207 | 169 | 169 | 182 | |
| Total Assets | 238 | 243 | 227 | 287 | 242 | 244 | 256 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 44 | 52 | 2 | -37 | 7 | -13 | |
| -4 | -53 | 28 | -15 | 1 | -2 | |
| -20 | -10 | -5 | 31 | -14 | -1 | |
| Net Cash Flow | 20 | -11 | 25 | -21 | -7 | -15 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 85 | 84 | 49 | 106 | 47 | 45 |
| Inventory Days | 100 | 153 | 98 | 122 | 118 | 155 |
| Days Payable | 33 | 77 | 42 | 74 | 45 | 56 |
| Cash Conversion Cycle | 153 | 159 | 105 | 154 | 120 | 143 |
| Working Capital Days | 118 | 111 | 86 | 87 | 79 | 61 |
| ROCE % | 5% | 1% | -1% | -5% | -11% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
2d - Ramakanth Akula becomes Managing Director; Chola Varma Alluri appointed CEO, effective 1 April 2026.
- Results - Financial Results For December 31, 2025 2d
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Board Meeting Outcome for Outcome Of Meeting Of The Board Held On February 12, 2026
2d - Q3: Total income Rs102.1 Cr; Loss after tax Rs2.6 Cr. COO Alluri becomes CEO April 1, 2026.
-
Board Meeting Intimation for The Quarter Ended December 31, 2025
6 Feb - Board meeting Feb 12, 2026 to approve Q3 FY26 unaudited results (quarter ended Dec 31, 2025).
-
Clarification sought from Waterbase Ltd
5 Feb - Exchange has sought clarification from Waterbase Ltd on February 5, 2026 with reference to significant movement in price, in order to ensure that investors have …
Annual reports
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Financial Year 2025
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Financial Year 2024
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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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Concalls
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Sep 2022TranscriptAI SummaryPPT
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Sep 2021TranscriptAI SummaryPPT
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May 2020TranscriptAI SummaryPPT
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Feb 2020TranscriptAI SummaryPPT
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Nov 2019TranscriptAI SummaryPPT
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Nov 2019TranscriptAI SummaryPPT
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Aug 2019TranscriptAI SummaryPPT
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May 2019TranscriptAI SummaryPPT
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Nov 2018TranscriptAI SummaryPPT
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May 2018TranscriptAI SummaryPPT
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Feb 2018TranscriptAI SummaryPPT
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Aug 2017TranscriptAI SummaryPPT
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Sep 2016TranscriptAI SummaryPPT
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Nov 2015TranscriptAI SummaryPPT
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