The Waterbase Limited operates as an aquaculture company in India.
Flawless balance sheet with questionable track record.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 523660 underperformed the Indian Food industry which returned -0.8% over the past year.
Return vs Market: 523660 underperformed the Indian Market which returned -31.7% over the past year.
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
Is Waterbase undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 523660 (₹90.45) is trading above our estimate of fair value (₹23.89)
Significantly Below Fair Value: 523660 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 523660 is poor value based on its PE Ratio (16.7x) compared to the Food industry average (10.6x).
PE vs Market: 523660 is poor value based on its PE Ratio (16.7x) compared to the Indian market (9.4x).
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 (2x) compared to the IN Food industry average (0.8x).
How is Waterbase forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Waterbase's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Waterbase competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
How has Waterbase performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523660 has high quality earnings.
Growing Profit Margin: 523660's current net profit margins (6.9%) are lower than last year (8.4%).
Past Earnings Growth Analysis
Earnings Trend: 523660's earnings have grown by 17.7% 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 (-29.5%) over the past year, making it difficult to compare to the Food industry average (20.6%).
Return on Equity
High ROE: 523660's Return on Equity (12.1%) is considered low.
How is Waterbase's financial position?
Financial Position Analysis
Short Term Liabilities: 523660's short term assets (₹1.8B) exceed its short term liabilities (₹625.9M).
Long Term Liabilities: 523660's short term assets (₹1.8B) exceed its long term liabilities (₹89.8M).
Debt to Equity History and Analysis
Debt Level: 523660's debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: 523660's debt to equity ratio has reduced from 11% to 5.3% over the past 5 years.
Debt Coverage: 523660's debt is well covered by operating cash flow (151.6%).
Interest Coverage: 523660's interest payments on its debt are well covered by EBIT (40.3x coverage).
What is Waterbase's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 523660's dividend (1.66%) is higher than the bottom 25% of dividend payers in the Indian market (0.96%).
High Dividend: 523660's dividend (1.66%) is low compared to the top 25% of dividend payers in the Indian market (4.06%).
Stability and Growth of Payments
Stable Dividend: 523660 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 523660 has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.6%), 523660's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ramakanth Akula (51yo)
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 ($USD269.96K) is above average for companies of similar size in the Indian market ($USD47.67K).
Compensation vs Earnings: Ramakanth's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||5.67yrs||₹20.52m||0.000010% ₹371.6|
|Chief Financial Officer||3.33yrs||₹6.57m||no data|
|Company Secretary & Compliance Officer||1.92yrs||₹1.89m||no data|
Experienced Management: 523660's management team is considered experienced (3.3 years average tenure).
|Additional Non-Executive & Independent Director||31.75yrs||₹854.00k||no data|
|Non-Executive Chairman||15.75yrs||₹789.00k||0.25% ₹9.5m|
|Additional Non-Executive & Independent Director||9.5yrs||₹854.00k||no data|
|Non Executive Director||6.17yrs||₹769.00k||0.41% ₹15.2m|
|Non-Executive & Independent Director||4.5yrs||₹719.00k||no data|
|Additional Non-Executive & Independent Director||0.42yr||no data||no data|
Experienced Board: 523660's board of directors are considered experienced (7.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Waterbase Limited's company bio, employee growth, exchange listings and data sources
- Name: The Waterbase Limited
- Ticker: 523660
- Exchange: BSE
- Founded: 1987
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: ₹3.716b
- Shares outstanding: 41.43m
- Website: https://www.waterbaseindia.com
Number of Employees
- The Waterbase Limited
- Thapar House
- No. 37 Montieth Road
- Tamil Nadu
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|523660||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Sep 1995|
|WATERBASE||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Sep 1995|
The Waterbase Limited operates as an aquaculture company in India. It produces and trades in shrimp feed, such as block frozen and cooked Vannamei, tiger shrimp, and scampi feed; and other feed. The company also engages in shrimp hatchery activities. It markets its products under the BayWhite, Ultra XL, Tiger Bay XL, and Magnum brand names. The company also exports its products to Japan, the United States, Europe, and internationally. The company was founded in 1987 and is based in Chennai, India. The Waterbase Limited is a subsidiary of Nav Srijit Shakti Telangana Private Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 12:44|
|End of Day Share Price||2020/04/07 00:00|
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.