X

Waterbase Ltd. Stock Analysis

Small Cap
Evaluated by 1068 users | BSE: 523660 | NSE: WATERBASE |
Consumer Food
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...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Waterbase Ltd. has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 00000000010.38%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 000000000322
Y-o-Y Gr. Rt.-NANANANANANANANANA
Adjusted EPS (Rs.) 0000000004.47
Y-o-Y Gr. Rt.-NANANANANANANANANA
Book Value per Share (Rs.) 00000000044.38
Adjusted Net Profit 00000000018.5
Net Op. Cash Flow (Rs. Cr.) 00000000043.8
Debt to Cash Flow from Ops 0000000000.28
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Waterbase Ltd. should be analysed on a Consolidated basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales NANANANA
Adjusted EPS NANANANA
Book Value per Share 0000
Share Price 27% -3.5% -15.1% -12.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 00000000010.08
Operating Profit Margin (%) 00000000010.01
Net Profit Margin (%) 0000000005.75
Debt to Equity 0000000000.07
Working Capital Days 0000000000
Cash Conversion Cycle 0000000000
Entity Percentage Holding
Promoters 68.83%
Institutions 0.02%
Non-Institutions 31.15%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Waterbase Ltd. and arrived at the following conclusion:

Past 10 year's financial track record indicates that Waterbase Ltd. is a below average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Waterbase Ltd.'s performance infers:

Waterbase Ltd. earnings have grown by 0%, whereas share price has depreciated -3.5% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Waterbase Ltd. share prices over the last 10 years. Here is what we found out:

Waterbase Ltd. share price has depreciated 38.3% annually over the past ten years.

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

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

HO

  • 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
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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