Is Waterbase a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Waterbase Ltd is a average quality company .

Is Waterbase undervalued or overvalued?

The key valuation ratios of Waterbase Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Waterbase share price return in the past 10 years?

Waterbase Ltd share price has appreciated 1.4% annually (CAGR) over the past ten years.

Is Waterbase a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Waterbase Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Waterbase Ltd - Stock Valuation and Financial Performance

Name: Waterbase
Brand: Waterbase

BSE: 523660 | NSE: WATERBASE | Animal Feed | Small Cap

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Waterbase Share Price

₹72.39 1.78 2.52%
as on 30-Oct'24 14:36

10 Year X-Ray of Waterbase:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	29.9%	2.3%	17.6%	28.6%	26.7%	13.9%	5%	0.6%	-1.1%	-4.9%	-
Value Creation Index ⓘ	1.1	-0.8	0.3	1.0	0.9	0.0	-0.7	-1.0	-1.1	-1.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	278	319	322	343	365	322	212	299	304	339	300
Sales YoY Gr.	-	14.8%	1%	6.5%	6.6%	-11.8%	-34.4%	41.2%	1.8%	11.6%	-
Adj EPS ⓘ	5.1	3.9	3	7.2	6.9	4.5	1.4	0.1	-0.9	-2.5	-4.3
YoY Gr.	-	-22.3%	-23.9%	141.5%	-4.3%	-35.2%	-69%	-95%	-1371.4%	NA	-
BVPS (₹) ⓘ	25.4	25.6	31.5	36.1	41.8	44.4	45.9	44.9	44.1	41.7	40.2
Adj Net Profit ⓘ	19.5	15.2	11.6	29.9	28.6	18.6	5.7	0.3	-3.7	-10.4	-18
Cash Flow from Ops. ⓘ	12.4	0.1	-13.1	54.6	19.8	43.8	51.9	2.3	-36.6	6.7	-
Debt/CF from Ops. ⓘ	1	88.2	-5.2	0.5	1.4	0.3	0	0	-1	3.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	2.3%	-1.5%	17.1%	11.6%
Adj EPS ⓘ	-192.5%	-181.6%	-221.6%	NA
BVPSⓘ	5.7%	-0%	-3.2%	-5.6%
Share Price	1.4%	-7.6%	-13.3%	0.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	21	15.2	10.3	21.8	17.8	10.4	3.1	0.2	-2	-5.8	-10.4
Op. Profit Mgn % ⓘ	11.2	7.5	9.5	16.8	14.2	10	6.7	0.3	1.4	-1.2	-4.4
Net Profit Mgn % ⓘ	7	4.8	3.6	8.7	7.8	5.8	2.7	0.1	-1.2	-3.1	-5.9
Debt to Equity ⓘ	0.1	0.1	0.6	0.2	0.2	0.1	0	0	0.2	0.2	-
Working Cap Days ⓘ	155	137	176	218	223	246	342	227	259	249	96
Cash Conv. Cycle ⓘ	87	76	103	114	121	136	162	90	115	115	55

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 17.06%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at -7.25%

Latest Financials - Waterbase Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-4.3	-4.3
TTM Sales (₹ Cr.)	300	300
BVPS (₹.) ⓘ	40.2	40.1
Reserves (₹ Cr.) ⓘ	125	125
P/BV ⓘ	1.76	1.76
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	65.00 / 105.01
All Time Low / High (₹)	1.84 / 417.50
Market Cap (₹ Cr.)	293
Equity (₹ Cr.)	41.4
Face Value (₹)	10
Industry PE ⓘ	35.7

Management X-Ray of Waterbase:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Waterbase

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Waterbase

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	278	319	322	343	365	322	212	299	304	339
Operating Expenses ⓘ	247	295	291	285	314	290	197	298	300	343
Manufacturing Costs	15	11	17	16	16	15	12	19	21	28
Material Costs	199	244	238	218	247	227	139	219	226	255
Employee Cost	11	14	16	19	21	21	21	26	28	27
Other Costs ⓘ	21	26	19	33	30	27	25	35	25	33
Operating Profit ⓘ	31	23	30	58	51	32	14	1	4	-4
Operating Profit Margin (%)	11.1%	7.4%	9.4%	16.8%	14.1%	10.0%	6.7%	0.2%	1.3%	-1.2%
Other Income ⓘ	2	2	2	2	6	2	3	9	3	3
Interest ⓘ	1	1	9	4	3	3	1	1	2	3
Depreciation ⓘ	1	2	5	6	7	7	7	8	9	10
Exceptional Items ⓘ	0	-21	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	30	2	18	49	47	25	8	0	-4	-13
Tax ⓘ	11	1	6	19	16	6	2	0	-1	-3
Profit After Tax	20	1	12	30	31	19	6	0	-3	-10
PAT Margin (%)	7.0%	0.2%	3.6%	8.7%	8.4%	5.7%	2.8%	0.0%	-1.1%	-3.1%
Adjusted EPS (₹)	5.1	0.2	3.0	7.2	7.5	4.5	1.4	0.0	-0.8	-2.5
Dividend Payout Ratio (%)	30%	0%	33%	21%	20%	0%	70%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	99	100	122	150	173	184	190	186	183	173
Share Capital ⓘ	39	39	39	41	41	41	41	41	41	41
Reserves ⓘ	61	61	83	108	132	142	149	145	141	131
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	12	10	62	22	18	9	0	0	38	26
Long Term Debt	0	0	14	13	8	5	0	0	0	0
Short Term Debt	12	10	48	8	10	4	0	0	38	26
Trade Payables	31	23	35	52	27	20	29	25	46	32
Others Liabilities ⓘ	23	31	47	74	89	89	90	83	87	76
Total Liabilities ⓘ	166	164	265	297	307	302	310	294	353	306
Fixed Assets
Gross Block	62	65	71	76	95	99	102	109	128	135
Accumulated Depreciation	45	46	9	15	22	29	36	44	53	63
Net Fixed Assetsⓘ	17	18	62	61	73	70	66	65	75	72
CWIP ⓘ	1	3	3	9	1	1	0	3	4	2
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	39	16	71	83	89	62	58	59	75	83
Trade Receivables	57	76	82	90	73	74	48	39	87	43
Cash Equivalents	29	21	11	7	7	23	57	42	26	17
Others Assetsⓘ	22	29	36	47	65	72	81	86	86	89
Total Assets ⓘ	166	164	265	297	307	302	310	294	353	306

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	12	0	-13	55	20	44	52	2	-37	7
PBT ⓘ	30	22	18	49	47	25	8	0	-4	-13
Adjustment ⓘ	0	3	13	19	14	13	15	5	9	11
Changes in Working Capital ⓘ	-9	3	-40	0	-24	13	34	-2	-41	7
Tax Paid ⓘ	-9	-7	-4	-14	-18	-8	-5	-1	0	2
Cash Flow From Investing Activity ⓘ	-4	-4	-7	-6	-8	-4	-53	28	-15	1
Capex	-5	-5	-8	-12	-10	-4	-1	-13	-17	-6
Net Investments	0	0	0	4	1	-1	-53	38	0	5
Others ⓘ	1	1	1	2	1	1	2	3	2	2
Cash Flow From Financing Activityⓘ	-5	-5	-15	-9	-13	-20	-10	-5	31	-14
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-1	0	-7	0	-3	-9	-8	0	12	0
Interest Paid ⓘ	0	0	-9	-4	-3	-3	-2	-1	-2	-3
Dividend Paid ⓘ	-3	-2	0	-5	-7	-7	0	-4	0	0
Others ⓘ	0	-2	0	0	0	0	0	0	21	-11
Net Cash Flow ⓘ	4	-9	-36	40	-2	20	-11	25	-21	-7

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	21.25	0.7	10.5	22.04	19.12	10.39	3.17	0.05	-1.88	-5.87
ROCE (%)	29.94	2.33	17.57	28.57	26.72	13.86	4.96	0.64	-1.11	-4.88
Asset Turnover Ratio	1.72	1.93	1.5	1.22	1.21	1.06	0.69	0.99	0.94	1.03
PAT to CFO Conversion(x)	0.6	0	-1.08	1.83	0.65	2.32	8.67	N/A	N/A	N/A
Working Capital Days
Receivable Days	69	76	89	92	82	83	105	53	75	69
Inventory Days	58	32	49	82	86	85	104	72	80	85
Payable Days	49	36	44	73	58	38	65	46	57	55

Waterbase Ltd Stock News

Waterbase Ltd FAQs

What is the share price of Waterbase?

Company share prices are keep on changing according to the market conditions. The closing price of Waterbase on 30-Oct-2024 14:36 is ₹72.39.

What is the market cap of Waterbase?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 30-Oct-2024 14:36 the market cap of Waterbase stood at ₹292.5.

What is the P/E ratio of Waterbase?

The latest P/E ratio of Waterbase as of 30-Oct-2024 14:36 is 0.00.

What is the P/B ratio of Waterbase?

The latest P/B ratio of Waterbase as of 30-Oct-2024 14:36 is 1.76.

What is the 52-week high and low of Waterbase?

The 52-week high of Waterbase is ₹105.0 and the 52-week low is ₹65.00.

What is the TTM revenue of Waterbase?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Waterbase is ₹300.5 ( Cr.) .

About Waterbase Ltd

Waterbase Limited is the largest integrated aquaculture unit in India located in the heart of shrimp country at Nellore in Andhra Pradesh. The company's mission is to give customers the best value for money with quality seed, feed, or processed produce.

The company began operations in 1993 and has stood committed to following and disseminating the best aquaculture techniques. Today, the company is a $18 million company (Rs 1 billion) with facilities that comprise a shrimp hatchery, feed plant, grow-out farms, and an ultra-modern process plant.

Waterbase Limited is a part of the 80-year-old, $ 2 billion Thapar Group, one of India's largest business houses. The Thapar Group has interests in areas such as paper, chemicals, glass, textiles, electronics, light and heavy engineering.

Raw or cooked, peeled or unpeeled, breaded and battered; it exports shrimp in different forms to the quality-conscious markets of Japan, USA, and Europe. In addition, the company supplies value-added shrimp in different forms to many of its customers.

Species it grows and processes:

Black Tiger, (P Monodon), White (P Indicus), Scampi (M. Rosenbergii)

Aquaculture is a business that demands constant monitoring and innovation. The company's process is geared to grow, harvest, and process quality shrimp. It follows HACCP guidelines and is among the few Indian companies that have FDA approval for exports to USA.

Product range of the company includes:

HLSO

Headless Shell-on block frozen

Head-on block frozen

IQF

Full range

PDTO

Peeled Deveined Tail On

Stretched/Tray pack

Cooked - full range

Raw breaded butterfly shrimp

Value-added convenience foods

World-class feed for different types of shrimp culture

Ultra
Tiger bay
Supreme extensive
Magnum scampi feed

Clientele:

USA

Neptune Fisheries Inc, Virginia
H & N Fish Company, San Francisco
Central Seaway Corporation Inc., Illinois
Aquastar Inc., Seattle
Amende and Schultz, Inc., Pasadena
Darik Enterprises Inc, New York
Hanwa American Corp, Seattle
Berdex Seafood Inc., San Francisco
Expack Seafood Inc., New Jersey
Ocean Garden Products Inc., San Diego
Torry Harris Inc., New Jersey
Red Chamber Co., Vernon
LBA Rymer International Seafood, Chicago

Japan

Hanwa Co., Nagoya
Hanwa Co. Limited, Tokyo
K.I. Shoji Co. Limited, GIFU - City
Mitsui & Company Limited, Tokyo
Eiger Co. Limited, Kyoto
Toshoku Limited, Tokyo
Osaka Uoichiba Co. Limited, Osaka
Sumitomo Corporation, Tokyo
Mitsubishi Corporation, Tokyo
Hoko Fishing Co. Limited, Tokyo
Showa Trading Co. Limited, Tokyo

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Waterbase Ltd - Stock Valuation and Financial Performance

Waterbase Share Price

DeciZen - make an informed investing decision on Waterbase Share

Overall Rating ⓘ M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation ⓘ

3. Price Trend

Waterbase stock performance -

Is Waterbase Ltd an attractive stock to invest in?

1. Is Waterbase Ltd a good quality company?

2. Is Waterbase Ltd undervalued or overvalued?

3. Is Waterbase Ltd a good buy now?

10 Year X-Ray of Waterbase: Share

Analysis of Financial Track Record

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Recent Performance Summary

Latest Financials - Waterbase Ltd.

Management X-Ray of Waterbase: Share

Shareholding Pattern

Promoter's Holding & Share Pledging