Waterbase
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Waterbase

49.32
-1.16
(-2.30%)
Market Cap
₹201.66 Cr
PE Ratio
-11.43
Volume
17,623.00
Day High - Low
₹51.00 - ₹49.01
52W High-Low
₹80.20 - ₹42.50
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Key Fundamentals
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Market Cap
201.66 Cr
EPS
-4.38
PB Ratio
1.41
Book Value
35.42
EBITDA
-13.10
Dividend Yield
0.00 %
Sector
Seafood
ROE Growth %
-
Debt to Equity
0.21
Forecast For
Actual

Company News

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Caret
negative
CARE Ratings downgraded Waterbase Limited's long-term/short-term bank facilities rating from CARE BBB, Stable/CARE A3+ to CARE BBB-, Stable/CARE A3, citing continuous subdued financial performance in FY25 and H1FY26 with cash losses and declining shrimp feed unit capacity utilization at 13%. The downgrade reflects increased debt levels, reduced liquidity buffer, and operational challenges despite the company's diversification efforts into farm care products and frozen seafood under its established brands.
negative
Waterbase Limited's Credit Rating Downgraded by CARE RatingsNov 15, 2025
CARE Ratings Limited downgraded Waterbase Limited's long-term/short-term bank facilities worth ₹93.81 crore from CARE BBB, Stable/CARE A3+ to CARE BBB-: Stable/CARE A3, and short-term bank facilities of ₹5.03 crore from CARE A3+ to CARE A3. The downgrade affects the company's banking facilities totaling ₹98.84 crore and indicates a deterioration in the company's creditworthiness assessment.
negative
Waterbase Limited announced its quarterly results for the quarter ended September 30, 2025. The company reported total income of Rs 81.9 crores in Q2FY26, with a loss before tax of Rs 7.2 crores and loss after tax of Rs 5.4 crores. For the half-year period, total income reached Rs 170 crores, while loss before tax was Rs 11.7 crores and loss after tax was Rs 8.7 crores. The aquaculture company faced challenges from extended monsoon conditions, disease outbreaks in key regions, and uncertainty around US tariff policies that dampened farmer sentiment. Feed sales were subdued due to lower farming activity, though export business maintained growth trajectory with higher volumes. The company maintained a strict cash-and-carry policy to safeguard financial discipline. CEO Ramakanth V. Akula noted that while export operations scaled up volumes, ongoing loss of access to the US market continued to impact pricing as global buyers leveraged India's dependence on China, EU, and Japan markets.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
297.27
#1 928.97
38.08
#1 818.10
1.34
4
#1 800.00
59.42
138.50
540.55
37.46
382.30
26.30
10
54.05
62.13
158.80
392.44
27.24
124.50
37.42
#1 13
20.00
51.70
46.56
311.85
27.94
639.30
44.44
5
640.00
64.71
49.32
#5 201.66
#8 -11.43
#5 282.90
#8 -17.35
#9 -18
#9 -116.00
48.13
11.10
146.58
8.91
505.69
24.65
10
30.43
54.44
26.45
41.90
-
37.22
#1 76.40
4
56.90
45.27
25.50
18.90
#1 4.74
0.50
-37.50
4
0.50
15.16
12.35
8.30
6.37
28.80
46.19
0
133.33
14.78
Growth Rate
Revenue Growth
-17.35 %
Net Income Growth
73.33 %
Cash Flow Change
-287.87 %
ROE
93.07 %
ROCE
129.28 %
EBITDA Margin (Avg.)
2,100.00 %

Quarterly Financial Results

Quarterly Financials
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
48
63
68
37
46
127
76
60
39
80
88
71
67
112
87
74
68
73
66
67
77
88
82
Expenses
49
54
61
36
47
114
74
60
44
77
86
71
66
108
87
76
72
78
66
70
81
90
86
EBITDA
-1
9
8
1
-1
13
2
0
-5
3
3
-0
1
5
0
-2
-4
-6
-0
-3
-4
-2
-4
Operating Profit %
-4 %
14 %
11 %
1 %
-5 %
9 %
2 %
-1 %
-15 %
3 %
3 %
-1 %
-0 %
3 %
-1 %
-3 %
-7 %
-8 %
-7 %
-5 %
-6 %
-3 %
-6 %
Depreciation
2
2
2
2
2
2
2
2
3
2
2
2
2
3
3
2
2
2
2
2
2
2
2
Interest
0
1
0
0
1
0
0
0
0
0
0
1
1
1
1
1
1
1
1
1
1
1
1
Profit Before Tax
-3
7
6
-1
-3
10
0
-2
-8
1
0
-3
-2
1
-3
-5
-6
-9
-3
-5
-7
-4
-7
Tax
-1
2
2
-0
-1
3
0
-1
-2
0
0
-1
-0
0
-1
-1
-2
-2
-1
-1
-1
-1
-2
Net Profit
-3
5
4
-1
-3
8
0
-2
-6
1
0
-2
-2
1
-2
-4
-5
-6
-3
-4
-5
-3
-5
EPS in ₹
-0.61
1.18
1.05
-0.17
-0.64
1.84
0.04
-0.36
-1.50
0.15
0.05
-0.58
-0.46
0.22
-0.59
-1.00
-1.15
-1.53
-0.60
-0.94
-1.31
-0.79
-13.31

Balance Sheet

Balance Sheet
2020
2021
2022
2023
2024
2025
Total Assets
238
243
228
287
243
245
Fixed Assets
70
66
65
75
72
75
Current Assets
163
170
149
198
156
139
Capital Work in Progress
1
0
3
4
2
1
Investments
0
0
0
0
0
0
Other Assets
167
177
159
207
169
169
Total Liabilities
238
243
228
287
243
245
Current Liabilities
44
50
38
101
67
87
Non Current Liabilities
10
3
3
3
3
3
Total Equity
184
190
186
183
173
155
Reserve & Surplus
142
149
145
141
131
114
Share Capital
41
41
41
41
41
41

Cash Flow

Cash Flow
2020
2021
2022
2023
2024
2025
Net Cash Flow
20
-11
25
-21
-7
-15
Investing Activities
-4
-53
28
-15
1
-2
Operating Activities
44
52
2
-37
7
-13
Financing Activities
-20
-10
-5
31
-14
-1

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
68.85 %
68.85 %
68.85 %
68.85 %
68.99 %
68.99 %
68.99 %
69.04 %
69.04 %
69.04 %
69.04 %
69.04 %
69.04 %
69.04 %
69.04 %
69.04 %
69.04 %
69.04 %
69.04 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
DIIs
0.02 %
0.02 %
0.02 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.01 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.02 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
28.15 %
28.10 %
28.30 %
26.67 %
26.32 %
26.51 %
26.53 %
26.36 %
26.32 %
26.38 %
26.19 %
26.20 %
26.43 %
26.35 %
25.87 %
25.76 %
25.94 %
26.06 %
26.17 %
Others
2.98 %
3.03 %
2.83 %
4.47 %
4.67 %
4.51 %
4.48 %
4.60 %
4.63 %
4.58 %
4.77 %
4.76 %
4.52 %
4.59 %
5.08 %
5.19 %
5.02 %
4.89 %
4.78 %
No of Share Holders
47,223
49,091
47,687
41,934
41,428
41,120
40,727
39,247
38,726
38,030
37,028
35,844
36,147
35,299
36,019
35,619
35,053
34,713
34,369

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 1 1.5 1.5 0.00 1 0.00 0.00 0.00 0.00
Dividend Yield (%) 0.00 0.37 0.91 1.7 0.00 1.21 0.00 0.00 0.00 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
17 Sept 2021 DIVIDEND Dividend
₹ 1.00 /share
15 Sept 2021 123.15 117.00
25 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
25 Sept 2024 71.11 75.73
06 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Nov 2024 70.61 73.00
10 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
10 Feb 2025 70.36 70.68
30 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 May 2025 54.27 57.52
12 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Aug 2025 49.54 47.32
25 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
25 Sept 2025 49.97 48.92
05 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
05 Nov 2025 50.18 49.65

Announcements

Announcement under Regulation 30 (LODR)-Credit RatingNov 18, 2025
Announcement under Regulation 30 (LODR)-Credit RatingNov 14, 2025
Results - Financial Results For September 30 2025Nov 05, 2025
Board Meeting Outcome for Outcome Of The Board Meeting Held On November 05 2025.Nov 05, 2025
Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended September 30 2025.Oct 30, 2025
Reg. 34 (1) Annual Report.Oct 15, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 14, 2025
Closure of Trading WindowSep 26, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 26, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 25, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 05, 2025
Shareholders Meeting For The FY 2024-25Sep 03, 2025
Shareholder Meeting-AGM 25/09/2025 FY (24-25)Aug 25, 2025
Financial Results For June 30 2025Aug 12, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On August 12 2025.Aug 12, 2025
Update on board meetingAug 06, 2025
Board Meeting Intimation for The Quarter Ended June 30 2025Aug 06, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 01, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Closure of Trading WindowJun 28, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMay 30, 2025
Results - Financial Results 31.03.2025May 30, 2025
Board Meeting Outcome for Outcome Of Meeting Of The Board Held On May 30 2025.May 30, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
Board Meeting Intimation for Board Meeting Intimation To Consider And Approve The Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Year Ended March 31 2025.May 23, 2025
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 30, 2025
Independent Auditors Certificate In Compliance With Exemption Order Dated November 15 2019.Apr 21, 2025
Structured Digital DatabaseApr 16, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 15, 2025
Closure of Trading WindowMar 25, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementFeb 24, 2025
Financial Results For The Quarter Ended December 31 2024.Feb 11, 2025
Integrated Filing (Financial)Feb 10, 2025
Board Meeting Outcome for Outcome Of Meeting Of The Board Held On February 10 2025Feb 10, 2025
Announcement under Regulation 30 (LODR)-Credit RatingFeb 06, 2025
Board Meeting Intimation for Considering And ApprovingFeb 03, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 13, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementDec 16, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateDec 06, 2024
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 08, 2024
Financial Results For The Quarter Ended September 30, 2024.Nov 06, 2024
Board Meeting Outcome for Outcome Of The Board Meeting Held On November 6, 2024.Nov 06, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateNov 06, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateNov 04, 2024
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 04, 2024
Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2024.Oct 30, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateOct 17, 2024
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Oct 08, 2024
Closure of Trading WindowSep 26, 2024
Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportSep 26, 2024

Technical Indicators

RSI(14)
Neutral
53.34
ATR(14)
Less Volatile
2.24
STOCH(9,6)
Neutral
43.47
STOCH RSI(14)
Neutral
40.29
MACD(12,26)
Bullish
0.02
ADX(14)
Strong Trend
31.42
UO(9)
Bearish
44.71
ROC(12)
Uptrend And Accelerating
2.23
WillR(14)
Neutral
-54.85