Here is a data-driven look at Waterbase (WATERBASE), covering financial performance, valuation, and shareholding trends.
Waterbase Revenue Trend
A 18.1% revenue drop brought Waterbase's top line down to ₹278 Cr in FY2025.
A 0.0% CAGR over 10 years is underwhelming. In real terms, Waterbase's revenue has barely grown from ₹278 Cr to ₹278 Cr.
With a top line of ₹278 Cr, Waterbase operates at a smaller scale within the aquaculture sector.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹278 Cr | -18.1% |
| FY2024 | ₹339 Cr | +11.6% |
| FY2023 | ₹304 Cr | +1.8% |
| FY2022 | ₹299 Cr | +41.4% |
| FY2021 | ₹211 Cr | — |
View Waterbase's full 10-year revenue trend with CAGR analysis →
Waterbase Profitability
The diluted EPS figure moved down to ₹-4.38 in FY2025, against ₹-2.52 posted in FY2024.
Is Waterbase Undervalued
The P/E Ratio model estimates an intrinsic value of ₹4, implying a 90.9% downside from the current price.
Waterbase shares are currently trading at ₹44.06.
Craytheon also calculates intrinsic value using the EPS Growth model. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹4 | 90.9% downside to fair value |
| EPS Growth | Upgrade | Upgrade |
See all valuation models for Waterbase with detailed assumptions →
Waterbase Shareholding Pattern
The promoter group has maintained its 69.0% holding through the last 4 quarters.
Foreign institutional ownership held steady at 0.0% over the past year.
Domestic institutional ownership held steady at 0.0% over the past year.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 69.0% | 0.0% | 0.0% | 30.9% |
| Dec 2025 | 69.0% | 0.0% | 0.0% | 30.8% |
| Sep 2025 | 69.0% | 0.0% | 0.0% | 30.9% |
| Jun 2025 | 69.0% | 0.0% | 0.0% | 30.9% |
Track quarterly shareholding changes for Waterbase →
Waterbase Balance Sheet
Proportional view as of 13 Jul 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹2.44B (up 0.8% YoY from ₹2.42B).
Top categories: Inventories (36.5%), Property, Plant & Equipment (30.6%), Other Assets (16.5%).
Of the ₹2.44B in liabilities and equity, 63.5% is shareholder equity, 17.9% is interest-bearing debt, and 18.6% is operating liabilities. Over the year, debt is up 66.5% and equity is down 10.1%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 66.86M |
| Receivables | 332.76M |
| Inventories | 891.24M |
| Property, Plant & Equipment | 748.68M |
| Intangibles & Goodwill | 2.31M |
| Other Assets | 402.98M |
| Category | Value |
|---|---|
| Equity | 1.55B |
| Short-term Debt | 438.72M |
| Trade Payables | 325.20M |
| Other Liabilities | 129.05M |
Waterbase Investment Snapshot
Pulling it all together, here's what the numbers say about Waterbase (WATERBASE) heading into the next fiscal year.
Revenue of ₹278 Cr in FY2025, down 18.1% year-over-year.
Long-term revenue has been contracting at 0.0% annually over 10 years.
The company reported a net loss of ₹18.2 Cr in FY2025.
The P/E Ratio model implies 90.9% downside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Craytheon's full analysis of Waterbase goes deeper: three valuation models, growth metrics, and 10 years of financial data.