Waterbase share price & results
- Jun 2026
- Jun 2026
Nellore/Chennai-based integrated shrimp aquaculture company making branded shrimp feed, farm-care/health products, hatchery seed, and exporting processed frozen shrimp.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 121 | +39.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 2.8 | +5.9 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.2 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | -6.89 | +0.9 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -3.78 | +4.2 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 31.35 | +44.1 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −45.3% 1Y
1Y: ₹74.9 on 25 Oct 2023 → ₹40.99. High ₹74.9 (25 Oct 2023), low ₹40.99 (27 Oct 2026).
- Previous close
- ₹41.31
- Market cap
- ₹189 Cr
- 52-week range
- ₹40.99 – ₹52.39
- Return on equity (TTM to Jun 2026)
- -6.89%
Overview
- Symbol
- NSE:WATERBASE
- Exchange
- NSE
- Currency
- INR
What Waterbase Limited does
Based on the company's own presentations, annual report and earnings calls.
The Waterbase Limited is an integrated aquaculture company that manufactures scientifically formulated shrimp feed (brands Bay White, Vanamax, Tiger Bay XL) at its ISO 9001-certified feed mill, and makes farm-care/animal-health products (Baymin, VC-9, Whitekure, Oxylyf, Nutri Pond) for shrimp farmers. It also runs a Vannamei shrimp hatchery and an FDA-listed, EU-approved, HACCP-compliant processing plant at Nellore that freezes and exports IQF, block-frozen and cooked shrimp to Japan, Europe, the U.S. and China. Domestically it supplies feed, health-care and farm-care products to shrimp farmers across Andhra Pradesh, Gujarat, Maharashtra, Goa and Tamil Nadu, and reports its business across two operating segments: Shrimp Feeds and Processed Shrimp.
Segments
- Shrimp Feeds
- Processed Shrimp
- Feed mill installed capacity
- 1,00,000 MT/annum (ISO 9001 certified)
- Employees
- 226 officers and workmen
- Shrimp processing plant
- 1 facility at Nellore (FDA-listed, EU-approved, HACCP-compliant)
- Hatchery capacity
- 1 hatchery, ~250 Mn post-larvae
- Operating segments
- 2 (Shrimp Feeds, Processed Shrimp)
- Domestic distribution footprint
- 5 states — Andhra Pradesh, Gujarat, Maharashtra, Goa, Tamil Nadu
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +136% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 62 | 67 | 76 | 87 | 82 | 102 | 79 | 121 |
| Expenses | 66 | 70 | 81 | 90 | 86 | 103 | 81 | 118 |
| Operating profit | -4 | -3 | -5 | -3 | -5 | -1 | -2 | 3 |
| Operating margin | −7.0% | −4.8% | −6.3% | −3.1% | −5.6% | −1.2% | −2.0% | 2.8% |
| Other income | 4 | 0 | 1 | 1 | 0 | 1 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Profit before tax | -3 | -5 | -7 | -4 | -7 | -4 | -4 | 2 |
| Tax rate | −23.3% | −26.6% | −20.6% | −26.1% | −25.5% | −26.4% | −21.5% | 21.7% |
| Net profit | -2 | -4 | -5 | -3 | -5 | -3 | -3 | 1 |
| EPS (₹ per share) | -0.60 | -0.94 | -1.31 | -0.79 | -1.31 | -0.63 | -0.81 | 0.29 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 304 | 339 | 278 | 350 |
| Expenses | 300 | 343 | 296 | 360 |
| Operating profit | 4 | -4 | -18 | -10 |
| Other income | 3 | 3 | 5 | 2 |
| Interest | 2 | 3 | 3 | 5 |
| Depreciation | 9 | 10 | 8 | 7 |
| Profit before tax | -4 | -13 | -24 | -20 |
| Net profit | -3 | -10 | -18 | -15 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 41 | 41 | 41 | 41 | 41 | 41 |
| Reserves | 145 | 141 | 131 | 114 | 105 | 100 |
| Borrowings | 1 | 39 | 26 | 44 | 50 | 59 |
| Other liabilities | 40 | 65 | 44 | 45 | 60 | 51 |
| Total liabilities | 227 | 287 | 242 | 244 | 256 | 251 |
| Fixed assets | 65 | 75 | 72 | 75 | 72 | 73 |
| Capital work in progress | 3 | 4 | 2 | 0 | 2 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 159 | 207 | 169 | 169 | 182 | 176 |
| Total assets | 227 | 287 | 242 | 244 | 256 | 251 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 52 | 2 | -37 | 7 | -13 | -5 |
| Cash from investing | -53 | 28 | -15 | 1 | -2 | -5 |
| Cash from financing | -10 | -5 | 31 | -14 | -1 | 27 |
| Net cash flow | -11 | 25 | -21 | -7 | -15 | 16 |
| Free cash flow | 50 | -10 | -54 | 1 | -21 | -13 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 84 | 49 | 106 | 47 | 45 | 23 |
| Inventory days | 153 | 98 | 122 | 118 | 155 | 141 |
| Days payable | 77 | 42 | 74 | 45 | 56 | 44 |
| Cash conversion cycle | 159 | 105 | 154 | 120 | 143 | 121 |
| Working capital days | 111 | 86 | 87 | 79 | 61 | 35 |
| Return on capital employed | 5.0% | 1.0% | −1.0% | −5.0% | −11.0% | −7.0% |
| Dividend payout | 70.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Processed Shrimp contributes 52.5% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Processed Shrimp 52.5%
₹63.76 crore
- Shrimp Feeds 44.9%
₹54.56 crore
- Others* 2.6%
₹3.17 crore
- Unallocated Income Net Off Unallocable Expenditure 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Processed Shrimp | 63.76 | 52.5% |
| Shrimp Feeds | 54.56 | 44.9% |
| Others* | 3.17 | 2.6% |
| Unallocated Income Net Off Unallocable Expenditure | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹121.49 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹121.49 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Processed Shrimp grew from 34% to 52% of revenue over the last two years.
| Segment | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Processed Shrimp | 34% | 45% | — | — | 55% | — | — | 52% | +32.3% |
| Shrimp Feeds | 63% | — | — | — | 39% | — | — | 45% | +62.0% |
| Others* | — | — | — | — | — | — | — | 3% | — |
| Unallocated Income Net Off Unallocable Expenditure | 0% | — | — | — | 0% | 0% | — | 0% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 69.05% as of Jun 2026; institutions added 0.00 pts since Mar 2026.
- Promoters 69.05%
- Foreign institutions 0.00%
- Domestic institutions 0.00%
- Government 0.00%
- Public 30.97%
Who is on the register
Named in the Jun 2026 filing
Every holder of Waterbase Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 52.95% | unchanged | |
| 7.83% | unchanged | |
| 7.30% | unchanged | |
| 2.51% | unchanged | |
| 0.41% | unchanged | |
| 0.18% | unchanged | |
| 0.13% | unchanged | |
| 0.13% | unchanged | |
| 0.13% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
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