1. India Stocks

  2. •

    Process industries

  3. •

    Agricultural commodities/Milling
Waterbase Limited

Waterbase Limited

41.79
INR
-1.46
(-3.38%)
-2.47EPS
1.83BMarket Cap
Waterbase Limited
BSE:WATERBASE
(Bombay Stock Exchange)

Recent

price

41.79

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
18.32
38.84
60.9
73.39
71.81
77.46
82.77
86.03
87.2
76.73
49.92
69.19
72.66
79.89
65.03
81.25
93.03
Revenue per Share
0.27
2.12
2.33
4.37
5.06
0.56
3
7.58
7.45
4.46
1.43
0.02
-0.84
-2.52
-4.38
-3.54
-2.47
Basic EPS, GAAP
2.66
0.67
3.42
0.56
1.91
0.28
-5.86
10.88
4.77
9.71
12.18
-2.5
-13.11
0.22
-5.15
-3.21
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.88
0.6
- -
1.26
1.81
1.81
- -
1
- -
- -
- -
- -
- -
Dividend per Share
18.65
20.42
22.68
22.46
25.96
29.32
32.26
36.12
41.77
44.38
45.88
44.9
44.1
41.65
37.46
34.06
- -
Book Value per Share
18.65
20.42
22.68
22.46
25.96
28.87
31.86
35.73
41.42
44.07
45.62
44.69
43.95
41.55
37.4
34.06
- -
Tangible Book Value per Share
26
27
26
31
39
39
39
39
41
41
41
41
41
41
41
41
41
Basic Weighted Avg Shares
468
1,031
1,567
2,277
2,772
2,990
3,195
3,394
3,612
3,179
2,068
2,866
3,010
3,309
2,694
3,366
3,841
Sales/Revenue/Turnover
4.67
7.83
5.97
9.63
10.65
2.85
7.92
16.64
11.86
7.19
1.86
1.3
-1.53
-3.9
-9.78
-4.9
-2.8
Operating Margin (%)
23
30
29
18
14
37
55
62
69
71
73
85
89
95
81
70
67
Depreciation Expense
7
56
60
136
195
22
116
299
308
185
59
1
-35
-105
-182
-147
-102
Net Income, GAAP
- -
17.53
20.79
33.6
35.47
16.54
35.4
38.49
34.82
25.55
26.79
77.82
- -
- -
- -
- -
- -
Effective Tax Rate (%)
1.47
5.46
3.83
5.96
7.04
0.72
3.62
8.81
8.54
5.82
2.86
0.03
-1.16
-3.16
-6.74
-4.36
-2.65
Profit Margin (%)
366
432
520
728
841
714
668
923
1,064
1,184
1,197
1,106
969
889
520
385
- -
Working Capital
109
72
82
15
3
204
136
134
82
53
10
10
5
1
- -
- -
- -
LT Debt
476
542
603
867
1,002
1,132
1,245
1,496
1,731
1,838
1,900
1,860
1,827
1,725
1,552
1,411
- -
Total Equity
- -
9.26
9.24
15.44
17.92
5.13
9.11
16.68
16.55
9.7
1.74
-0.34
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
8.91
8.86
15.32
18.64
5.47
9.11
17.28
17.2
10.08
3.4
0.05
- -
- -
- -
- -
- -
Return on Capital (%)
1.4
11.06
10.5
18.47
20.88
2.03
9.74
21.81
19.12
10.36
3.16
0.04
-1.89
-5.88
-11.08
-9.9
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
590
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41
41
41
Market Capitalization
1,897
1,593
1,826

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,450
- -
Cash, Cash Equivalents & STI
- -
98
- -
Accounts Receivable, Net
- -
220
- -
Inventories
- -
1,065
- -
Total Current Liabilities
- -
1,065
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
590
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.68%
-5.72%
-9.07%
Free Cash Flow
-466.9%
-445.89%
-37.6%
Net Income, GAAP
-409.78%
-917.17%
-19.27%
Sales/Revenue/Turnover
3.25%
11.98%
24.93%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
724
621
668
764
2,694
2026
871
817
1,016
793
3,366
2027
1,215
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-1.53
-0.6
-0.94
-1.31
-4.38
2026
-0.79
-1.31
-0.63
-0.81
-3.54
2027
0.29
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
The Waterbase Limited, incorporated in 1987 and headquartered in Nellore, Andhra Pradesh with a corporate office in Chennai, Tamil Nadu, operates as an integrated aquaculture company primarily engaged in shrimp feed manufacturing, shrimp processing and exports, and related farm care products; it produces high-quality shrimp feeds such as Bay White and Bay White Enriched for Vannamei shrimp, Tigerbay XL for Tiger shrimp and high-density Vannamei farming, and Magnum for Scampi, alongside Baylife range of antibiotic-free animal health care and farm care products using sustainable raw materials, and processes shrimp from captive farms into IQF, block frozen, and cooked forms for export to markets including the United States, Europe, Japan, China, Canada, South Korea, Vietnam, Malaysia, and the Middle East. The company's ISO 9001-certified feed mill has a capacity of 35,000-110,000 metric tons per annum, while its modernized processing plant, restarted in fiscal 2023 after a hiatus since 2007, holds a 5,000 metric ton capacity and is FDA-listed, EU-approved, HACCP-compliant, and certified under BAP, BRC, Halal, FSSAI, and other global standards. As a subsidiary of Aquavista Enterprises Private Limited and part of the Karam Chand Thapar Group, it serves domestic shrimp farmers through an expanded dealer network in Andhra Pradesh—its primary focus market—with new channel partners, incentives, and depots in Krishna, East Godavari, and West Godavari regions, alongside recent R&D-driven launches of two sustainable farmcare products and a strategic shift to scale processing exports (achieving 138 containers in fiscal 2024) while rebuilding the feed business for enhanced revenues and margins.