BSE:523660

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Executive Summary

The Waterbase Limited operates as an aquaculture company in India. More Details


Snowflake Analysis

Flawless balance sheet with questionable track record.


Similar Companies

Share Price & News

How has Waterbase's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 523660 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.1%

523660

-0.1%

IN Food

-0.5%

IN Market


1 Year Return

-5.8%

523660

12.5%

IN Food

2.0%

IN Market

Return vs Industry: 523660 underperformed the Indian Food industry which returned 12.5% over the past year.

Return vs Market: 523660 underperformed the Indian Market which returned 2% over the past year.


Shareholder returns

523660IndustryMarket
7 Day-3.1%-0.1%-0.5%
30 Day-0.4%-4.1%0.3%
90 Day5.9%0.6%7.1%
1 Year-5.8%-5.8%14.0%12.5%3.7%2.0%
3 Year-24.4%-26.2%39.2%34.8%2.0%-3.0%
5 Year-31.7%-33.3%130.1%118.9%40.9%30.4%

Price Volatility Vs. Market

How volatile is Waterbase's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Waterbase undervalued compared to its fair value and its price relative to the market?

19.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 523660 (₹101.05) is trading below our estimate of fair value (₹125.12)

Significantly Below Fair Value: 523660 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 523660 is poor value based on its PE Ratio (35x) compared to the IN Food industry average (13.4x).

PE vs Market: 523660 is poor value based on its PE Ratio (35x) compared to the Indian market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 523660's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 523660 is overvalued based on its PB Ratio (2.3x) compared to the IN Food industry average (1.1x).


Next Steps

Future Growth

How is Waterbase forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.4%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Waterbase has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Waterbase performed over the past 5 years?

15.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 523660 has high quality earnings.

Growing Profit Margin: 523660's current net profit margins (4.5%) are lower than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: 523660's earnings have grown by 15.4% per year over the past 5 years.

Accelerating Growth: 523660's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 523660 had negative earnings growth (-51.1%) over the past year, making it difficult to compare to the Food industry average (16.7%).


Return on Equity

High ROE: 523660's Return on Equity (6.5%) is considered low.


Next Steps

Financial Health

How is Waterbase's financial position?


Financial Position Analysis

Short Term Liabilities: 523660's short term assets (₹1.6B) exceed its short term liabilities (₹442.8M).

Long Term Liabilities: 523660's short term assets (₹1.6B) exceed its long term liabilities (₹99.2M).


Debt to Equity History and Analysis

Debt Level: 523660's debt to equity ratio (5.1%) is considered satisfactory.

Reducing Debt: 523660's debt to equity ratio has reduced from 12.5% to 5.1% over the past 5 years.

Debt Coverage: 523660's debt is well covered by operating cash flow (463.8%).

Interest Coverage: 523660's interest payments on its debt are well covered by EBIT (6.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Waterbase current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 523660's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 523660's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 523660's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 523660's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 523660 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 523660's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Ramakanth Akula (52 yo)

6.17yrs

Tenure

₹21,020,000

Compensation

Mr. Ramakanth V. Akula has been the Chief Executive Officer of The Waterbase Limited since joining on August 1, 2014.


CEO Compensation Analysis

Compensation vs Market: Ramakanth's total compensation ($USD286.03K) is above average for companies of similar size in the Indian market ($USD55.25K).

Compensation vs Earnings: Ramakanth's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ramakanth Akula
Chief Executive Officer6.17yrs₹21.02m0.000010%
₹ 418.6
R. Sureshkumar
Chief Financial Officer3.83yrs₹7.25mno data
R. Achuthan
Company Secretary & Compliance Officer2.42yrs₹2.09mno data

3.8yrs

Average Tenure

Experienced Management: 523660's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anil Bhandari
Additional Non-Executive & Independent Director32.25yrs₹200.00kno data
Vikramaditya Thapar
Non-Executive Chairman16.25yrs₹65.00k0.25%
₹ 10.7m
Ranjit Mehta
Additional Non-Executive & Independent Director10yrs₹160.00kno data
Varun Thapar
Non Executive Director6.67yrs₹200.00k0.41%
₹ 17.2m
Rahul Kapur
Non-Executive & Independent Director5yrs₹160.00kno data
Shashikala Venkatraman
Additional Non-Executive & Independent Director0.92yr₹75.00kno data

8.3yrs

Average Tenure

72yo

Average Age

Experienced Board: 523660's board of directors are considered experienced (8.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The Waterbase Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Waterbase Limited
  • Ticker: 523660
  • Exchange: BSE
  • Founded: 1987
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹4.186b
  • Shares outstanding: 41.43m
  • Website: https://www.waterbaseindia.com

Number of Employees


Location

  • The Waterbase Limited
  • Thapar House
  • No. 37, Montieth Road
  • Chennai
  • Tamil Nadu
  • 600008
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
523660BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 1995
WATERBASENSEI (National Stock Exchange of India)YesEquity SharesININRSep 1995

Biography

The Waterbase Limited operates as an aquaculture company in India. It produces and trades in shrimp feed, such as IQF, block frozen, and cooked Vannamei, tiger shrimp, and scampi feed; and other feed, as w ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 12:52
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.