Waterbase Ltd.
NSE: WATERBASE · Seafood · sector
₹41.31NSE close 2026-10-26
Key numbers
Market cap₹171 cr
Price₹41.31
52w high / low₹54 / ₹41
P/E13.6xSector median 10.2x
P/B1.2xSector median 1.7x
Book value₹34.1
Dividend yield–Sector median 0.65%
ROE-6.9%Sector median 11.8%
ROCE-4.1%Sector median 13.4%
OPM-1.1%Sector median 7.4%
Debt / equity0.42xSector median 0.61x
EV/EBITDA–Sector median 8.9x
Interest cover-1.5x
Current ratio1.36x
Sales growth 3y+4.8%Sector median +16.4%
Profit growth 3y–Sector median +40.7%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 7 companies in Seafood (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹5 cr vs borrowings ₹59 cr (FY26): borrowings are higher by ₹54 cr.
- Operating profit covered interest -1.5x in the last 12 months.
- Net loss in 5 of the last 6 quarters.
- Dividend paid in 1 of the last 5 financial years.
- Price ₹41.31 on 2026-10-26: -23.5% from the 52-week high, +0.8% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹82.29 · low ₹39.17
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 76 | 87 | 82 | 102 | 79 | 121 |
| EBITDA | -5 | -3 | -5 | -1 | -2 | 3 |
| OPM % | -6.3% | -3.1% | -5.6% | -1.2% | -2.0% | 2.8% |
| Other income | 1 | 1 | 0 | 1 | 1 | 1 |
| Net profit | -5 | -3 | -5 | -3 | -3 | 1 |
| EPS (₹) | 1.31 | 0.79 | 1.31 | 0.63 | 0.81 | 0.29 |
| Revenue YoY | +3.8% | +39.4% | ||||
| Profit YoY | – | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 299 | 304 | 339 | 278 | 350 | 384 |
| EBITDA | 7 | 4 | -4 | -18 | -10 | -4 |
| Net profit | 0 | -3 | -10 | -18 | -15 | -10 |
| EPS (₹) | 0.02 | -0.84 | -2.52 | 4.38 | 3.54 | 3.04 |
| Revenue growth | +1.8% | +11.6% | -18.1% | +25.9% | – | |
| Profit growth | -3,570.0% | – | – | – | – | |
| Dividend / share (₹) | 1.00 | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +4.8% | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 155 | 141 |
| Borrowings | 44 | 59 |
| Cash & equivalents | 7 | 5 |
| Total assets | 244 | 251 |
| Fixed assets | 74 | 73 |
| Capital work in progress | 0 | 1 |
| Investments | 0 | 0 |
| Receivables | 33 | 22 |
| Inventory | 89 | 106 |
| Payables | 33 | 33 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -13 | -5 |
| Cash from investing | -2 | -5 |
| Cash from financing | -1 | 27 |
| Capex | 9 | 8 |
| Free cash flow | -21 | -13 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | -11.7% | -10.4% |
| ROCE % | -10.6% | -7.3% |
| Debtor days | 44 | 23 |
| Inventory days | 155 | 141 |
| Payable days | 56 | 44 |
| Cash conversion cycle (days) | 143 | 120 |
| Working capital days | 68 | 40 |
Peers in Seafood
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| APEX | ₹938 cr | 18.2x | 1.8x | 10.1% | 13.4% | 7.6% | -4.5% | 0.66% |
| SHINDL | ₹581 cr | 34.5x | 3.8x | 11.5% | 12.7% | 7.1% | +16.4% | – |
| COASTCORP | ₹229 cr | 7.1x | 0.8x | 11.8% | 10.4% | 6.3% | +40.1% | 0.64% |
| WATERBASE | ₹171 cr | 13.6x | 1.2x | -6.9% | -4.1% | -1.1% | +4.8% | – |
| KINGSINFR | ₹149 cr | 10.2x | 1.7x | 18.8% | 16.3% | 17.7% | +38.2% | – |
| ESSEX | ₹63 cr | 8.9x | 2.5x | 25.7% | 42.7% | 12.0% | – | – |
| NCCBLUE | ₹17 cr | 6.1x | 1.2x | 21.8% | 23.4% | – | – | – |
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Processed Shrimp | ₹64 cr | 52.5% | ₹-2 cr | -3.7% |
| Shrimp Feeds | ₹55 cr | 44.9% | ₹6 cr | 10.4% |
| Others* | ₹3 cr | 2.6% | ₹-0 cr | -2.5% |
| Unallocated Income Net Off Unallocable Expenditure | ₹0 cr | – | ₹-2 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2023-09-22 | Other | Annual General Meeting |
| 2022-08-10 | Other | Annual General Meeting |
| 2021-09-15 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2019-09-12 | Dividend | Dividend - Rs 1.50 Per Share |
| 2001-06-13 | Other | Agm |
| 2000-06-07 | Other | Nil |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Fast Moving Consumer Goods |
| Industry | Seafood |
| Sub-industry | Seafood |
| Symbol | WATERBASE |
| BSE code | 523660 |
| ISIN | INE054C01015 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.