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Waterbase

WATERBASE NSE
₹43.03 +1.23 (+2.94%)
P/E
Not meaningful: loss-making over the last twelve months
View as Markdown
MCP
Close 4 Nov 2026 ₹43.03 −6.20 −12.6% 1Y
Start ₹49.23

Key Fundamentals

MicrocapFood ProductsFMCG

Price-based figures as of · EPS basis: Standalone · TTM

ROCE
−7.36%
Debt to Equity
0.42
EPS (TTM)
−₹2.45
Book Value
₹34.06
Market Cap
—
P/E (TTM)
Not meaningful: loss-making over the last twelve months
P/B
1.26
ROE
−9.90%
Dividend Yield
2.39%
EBITDA
−₹7.70 Cr
52W High
₹67.70
52W Low
₹38.00
Day Range
₹41.01 – ₹44.00
Volume
13,661

Peer Comparison

Fast Moving Consumer Goods › Food Products › Seafood

Waterbase peer comparison
Apex Frozen Foods
₹323.6019.67₹988 Cr1.920.81%7.60%10.40%₹927 Cr₹52 Cr
Coastal Corporation
₹32.846.81₹234 Cr0.780.81%9.77%9.64%₹1,041 Cr₹33 Cr
Waterbase (this company)
₹43.03—₹174 Cr1.262.39%−9.90%−7.36%₹384 Cr−₹10 Cr
Green Asia Impex
₹73.00—₹158 Cr1.560.00%46.20%27.70%——
Kings Infra Ventures
₹61.3310.04₹148 Cr1.730.00%20.60%19.80%₹157 Cr₹15 Cr
Zeal Aqua
₹10.198.71₹128 Cr1.240.00%14.70%14.90%₹695 Cr₹15 Cr
Median 6 companies₹52.189.38₹166 Cr1.410.41%12.24%12.65%₹695 Cr₹15 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

52 Average

Data confidence 91/100

Category scores

Quality
41
Weak
Returns, margins, earnings quality 22% weight
Valuation
61
Good
Cheap vs sector & own history 24% weight
Growth
79
Strong
Sales & profit trajectory 9% weight
Financial Health
34
Poor
Solvency, leverage, coverage 9% weight
Momentum
42
Weak
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

3
  • Company is expected to give good quarter
  • Debtor days have improved from 38.2 to 23.3 days.
  • Company's working capital requirements have reduced from 58.4 days to 35.3 days

Weaknesses

3
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 10.8% over past five years.
  • Company has a low return on equity of -8.83% over last 3 years.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish865
OscillatorsBearish261
Moving AveragesStrong Bearish604

Key readings

RSI (14)
48.79
Neutral
MACD (12,26,9)
−1.10
Bullish
SMA (50)
45.40
Bearish
SMA (200)
46.21
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+1.41%
5Y+10.76%
3Y+5.00%
1Y+26.37%
TTM+31.35%

Net profit

Net profit growth by window
10YTurned to loss
5YTurned to loss
3YLoss widened by ₹12 Cr
1YLoss narrowed by ₹3 Cr
TTMLoss narrowed by ₹4.92 Cr

Operating cash flow

Operating cash flow growth by window
10YTurned negative
5YTurned negative
3YOutflow narrowed by ₹32 Cr
1YOutflow narrowed by ₹8 Cr
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−6.90 pp
5Y−9.66 pp
3Y−4.24 pp
1Y+3.69 pp
TTM+4.10 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹320 Cr
Mar 2018₹339 Cr
Mar 2019₹362 Cr
Mar 2020₹318 Cr
Mar 2021₹207 Cr
Mar 2022₹292 Cr
Mar 2023₹298 Cr
Mar 2024₹332 Cr
Mar 2025₹273 Cr
Mar 2026₹345 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹12.00 Cr
Mar 2018₹30.00 Cr
Mar 2019₹31.00 Cr
Mar 2020₹19.00 Cr
Mar 2021₹6.00 Cr
Mar 2022₹0.00 Cr
Mar 2023−₹3.00 Cr
Mar 2024−₹10.00 Cr
Mar 2025−₹18.00 Cr
Mar 2026−₹15.00 Cr

Quarterly Results

₹ Cr
WATERBASE quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
111
86.76
73.96
67.31
72.43
62.1
66.79
76.38
87.14
81.72
102
79.32
121
Expenses
108
87.36
76.35
71.76
78.36
66.42
69.99
81.22
89.85
86.33
103
80.92
118
Operating Profit
3.62
−0.6
−2.39
−4.45
−5.93
−4.32
−3.2
−4.84
−2.71
−4.61
−1.19
−1.6
3.37
OPM %
3.25%
−0.69%
−3.23%
−6.61%
−8.19%
−6.96%
−4.79%
−6.34%
−3.11%
−5.64%
−1.17%
−2.02%
2.77%
Other Income
1.2
0.61
0.34
0.94
0.39
3.87
0.19
0.78
0.99
0.27
0.59
0.54
1.2
Interest
1.12
0.76
0.51
0.61
0.69
0.64
0.5
0.92
1.01
1.18
1.29
1.35
1.56
Depreciation
2.5
2.5
2.33
2.2
2.28
2.13
1.81
1.86
1.72
1.74
1.67
1.83
1.49
PBT
1.2
−3.25
−4.89
−6.32
−8.51
−3.22
−5.32
−6.84
−4.45
−7.26
−3.56
−4.24
1.52
Tax %
24.17%
−25.54%
−14.93%
−24.37%
−25.5%
−23.29%
−26.69%
−20.61%
−26.07%
−25.48%
−26.4%
−21.46%
21.71%
Net Profit
0.91
−2.42
−4.15
−4.77
−6.34
−2.47
−3.91
−5.43
−3.29
−5.41
−2.63
−3.33
1.19
EPS (₹)
0.22
−0.58
−1
−1.15
−1.53
−0.6
−0.94
−1.31
−0.79
−1.31
−0.63
−0.8
0.29

Profit & Loss

₹ Cr
WATERBASE profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
278
300
320
339
362
318
207
292
298
332
273
345
384
Expenses
247
288
289
281
311
286
193
284
294
336
291
355
388
Operating Profit
31
12
30
58
51
32
14
7
4
−4
−18
−10
−4
OPM %
11%
4%
10%
17%
14%
10%
7%
2.4%
1.4%
−1.1%
−7%
−2.9%
−1.1%
Other Income
2
−1
2
2
6
2
3
3
3
3
5
2
3
Interest
1
4
9
4
3
3
1
1
2
3
3
5
5
Depreciation
1
4
5
6
7
7
7
8
9
10
8
7
7
PBT
30
3
18
49
47
25
8
0
−4
−13
−24
−20
−14
Tax %
35%
17%
35%
38%
35%
26%
27%
72%
−20%
−21%
−24%
−25%
—
Net Profit
20
2
12
30
31
19
6
0
−3
−10
−18
−15
−10
EPS (₹)
5.05
0.56
3
7.22
7.45
4.48
1.43
0.02
−0.84
−2.52
−4.38
−3.54
−2.45
Div. Payout %
30%
89%
33%
21%
20%
0%
70%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
WATERBASE balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
39
39
39
41
41
41
41
41
41
41
41
41
Reserves
61
75
86
108
132
142
149
145
141
131
114
100
Borrowings
12
53
68
28
28
12
1
1
39
26
44
59
Other Liabilities
54
41
52
80
48
42
52
40
65
44
45
51
Total Liabilities
166
207
245
258
249
238
243
228
287
243
245
251
Fixed Assets
17
60
62
61
73
70
66
65
75
72
75
73
CWIP
1
3
3
9
1
1
0
3
4
2
0
1
Investments
0
0
0
0
0
0
0
0
0
0
0
0
Other Assets
148
144
180
188
175
167
177
159
207
169
169
176
Total Assets
166
207
245
258
249
238
243
228
287
243
245
251

Cash Flow

₹ Cr
WATERBASE cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
12
12
−13
55
20
44
52
2
−37
7
−13
−5
Investing
−4
−12
−7
−6
−8
−4
−53
28
−15
1
−2
−5
Financing
−5
−13
−15
−9
−13
−20
−10
−5
31
−14
−1
27
Net Cash Flow
4
−13
−36
40
−2
20
−11
25
−21
−7
−15
16
Free Cash Flow
7
6
−21
43
9
40
50
−10
−54
1
−21
−13
CFO/OP
69
162
−30
118
72
159
401
53
−895
−120
71
50

Ratios

WATERBASE financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
75
84
94
97
74
85
84
49
106
47
45
23
Inventory Days
72
60
108
139
131
100
153
98
122
118
155
141
Days Payable
58
37
54
87
39
33
77
42
74
45
56
44
Cash Conversion Cycle
89
107
148
149
165
153
159
105
154
120
143
121
Working Capital Days
69
57
63
92
100
110
111
86
87
79
61
35
ROCE %
30%
7%
15%
29%
27%
14%
5%
1%
−1%
−5%
−11%
−7%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Waterbase insights

66 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 69.04%
  • Public 26.02%
  • Others 4.94%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

  • Concall · Sep 2022
    PPT
  • Concall · Sep 2021
    PPT
  • Concall · May 2020
    PPT
  • Concall · Feb 2020
    PPT
  • Concall · Nov 2019
    PPT

Frequently Asked Questions about Waterbase

What does Waterbase Ltd do?
Incorporated in 1993, Waterbase Ltd is in the business of Shrimp Feeds, Shrimp Aquaculture and Shrimp Hatchery
Where is Waterbase Ltd (WATERBASE) listed?
Waterbase Ltd trades as WATERBASE on the NSE and under code 523660 on the BSE.
Which sector does Waterbase Ltd belong to?
Waterbase Ltd is classified under the Food Products sector, in the Seafood industry.
What is the 52-week high and low of Waterbase Ltd?
Over the last 52 weeks Waterbase Ltd has traded between ₹38 and ₹67.7 as of 4 Nov 2026.
Does Waterbase Ltd pay dividends?
Waterbase Ltd has a dividend yield of 2.39%.
What is the Return on Equity (ROE) of Waterbase Ltd?
Waterbase Ltd reported a return on equity of -9.90%. Its debt-to-equity ratio is 0.42.

Company Information

Incorporated in 1993, Waterbase Ltd is in the business of Shrimp Feeds, Shrimp Aquaculture and Shrimp Hatchery

Website waterbaseindia.com
Listed 8 Feb 1995
Face Value ₹10

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