Waterbase Ltd
WATE

Waterbase Ltd (WATERBASE)

₹82.42.74%

Key Stats

₹80.3
Day's Price Range
₹83.55
₹78.25
52-Week Price Range
₹145.8
1 Month Return-15.85 %
3 Month Return-16.55 %
1 Year Return-32.47 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 69
4124.99
EPS
Rank 69
₹0.02
BVPS
Rank 55
₹45.88
Dividend Yield
Rank 16
1%
ROE
Rank 110
3.17%
Price To Book Ratio
Rank 27
1.79
Debt To Asset
Rank 101
0.23

Company Information

Waterbase Ltd a Thapar Group aquaculture company based at Nellore Andhra Pradesh is the largest Indian player in the industryaquaculture and was incorporated in Nov. 1987. The companys 100 integrated aquaculture EOU consisting of a hatchery a farm a feed mill and a process plant set up in consultation with Luxe Enterprises Taiwan was commissioned in July 1993. This project was part funded by a public issue of equity shares in June 1992. Again in January 1995 the company went for an public issue to part finance its expansion project of hiking capacity to 35000 tpa from the earlier capacity of 15000 tpa. In 199697 the company has successfully commissioned the fresh water shrimp hatchery and the next year the company has installed blast freezer enabling the company to process fish. Owning of Green cards for Exports to the US and HACCP complaint processing plant has given the company an advantage in pricing its products. Japan USA and middle East countries were the major markets for the company. The company has obtained European Union approval for exports in 200001. The export of high quality value added products to USA will start once the company got the United States FDA approval was obtained. The FDA of US has inspected our plant to assess suitability in 200001.Feeds produced by the company enjoys strong consumer acceptance and the companys feed mill was accredited with ISO 9002. The company s RD efforts to produce high quality feeds to meet differing farming requiremts of aquaculturists are successful and the company has launched two new extensive shrimp feeds under the brand names Supremefor brackish water and Magnum for fresh water during the year 199899. The company has augmented the feed mill capacity by 30 with the installation of two additional lines.The company which is incurring losses for several years owing to the external factors affecting the industry has decided to cleanse its Balance Sheet by adjusting its accumulated losses with the share premium. Pursuant to the Family Settlement Agreement and upon the transfer of voting rights the existing Thapar Group shall be realigned and there shall be four separate groups belonging to each Thapar Brother. Consequently the company is in favour of IMT.
OrganisationWaterbase Ltd
HeadquartersNellore
IndustryMiscellaneous