Waterbase Ltd

Waterbase Ltd has a current liquidity position with a current ratio of 1.6, indicating that it has sufficient current assets to cover its current liabilities. However, the company has a negative operating cash flow of -125.5 million INR and a negative free cash flow of -188.5 million INR, which suggests that it is not generating enough cash from operations to fund its activities. The company's debt-to-equity ratio is 0.28, indicating a relatively low level of leverage. In terms of profitability, Waterbase Ltd is currently unprofitable, with an operating income of -263.1 million INR and a net income of -181.6 million INR. The company's return on equity is -11.7%, and its return on assets is -7.43%, both of which are negative and indicate poor performance relative to its equity and asset base. These figures are below the industry median for profitability metrics, suggesting that the company is underperforming its peers. The company's revenue is concentrated in three segments: Shrimp Feeds, Processed Shrimp, and Others. While the exact revenue contribution of each segment is not disclosed, the company's primary business is in shrimp feed production, which is a significant part of its operations. Geographically, the company operates primarily in India, and there is no indication of significant international exposure. The company's growth trajectory is uncertain, as there are no specific numeric deltas provided for the current or next fiscal year. However, the company's negative operating and free cash flows suggest that it may be facing challenges in sustaining or growing its operations. The company's capital expenditure of -87.76 million INR indicates that it is investing in its operations, but the negative value suggests that the investment is not yet generating positive returns. The company's risk assessment indicates a medium level of liquidity risk and a low level of dilution risk. The key flag of negative net cash after subtracting total debt suggests that the company may face liquidity challenges in the near term. The company's dilution potential is low, and there are no significant adjustments applied to its valuations. Recent events and filings do not provide specific details about the company's operations or financial performance. The company's financial snapshot indicates a negative operating income and net income, which may be a result of increased costs or decreased revenues. There are no specific events or transcripts mentioned that would provide further insight into the company's recent performance.