Waterbase Ltd's earnings have grown by 0%, whereas share price has appreciated 1.9% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, for specific investment actions please consult your investment advisor.
Waterbase Ltd share price has appreciated 28% annually (CAGR) over the past ten years.
Past 10 years financial track record analysis by Moneyworks4me indicates that Waterbase Ltd is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.
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
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:
Cooked - full range
Raw breaded butterfly shrimp
Value-added convenience foods
World-class feed for different types of shrimp culture