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India

Waterbase, Ltd., Shrimp Feeds

 

The Waterbase, Ltd. (TWL), one of India’s leading aquaculture companies, focuses on producing shrimp feed and processing shrimp for export.  It operates an ISO 9001:2008 Certified Shrimp Feed Mill and an FDA and BAP approved processing plant with HACCP Certification near Nellore, Andhra Pradesh.

 

TWL owns several popular brands of shrimp feed that enjoy strong acceptance among Indian shrimp farmers.  Its processed shrimp is marketed across Europe, Japan, Asia and the USA.

 

Over the last two decades, TWL has played a key role in spreading scientific shrimp farming in India and has provided training and support in farming techniques to several thousand farmers across the country.

 

TWL is listed on the Bombay Stock Exchange of India.

 

On November 14, 2017, TWL announced its financial results for the quarter and half year ended September 30, 2017.  In that report, Mr. Ramakanth V. Akula, CEO, said, “In addition to robust growth...profitability has been supported by favorable prices of key raw materials as well as enhanced operational efficiencies and cost optimization initiatives, resulting in significant margin accretion.  This has been accompanied by an exceptionally strong response to our range of farm care products under the brand ‘Baylife’, which were introduced in the current year.”

 

“The outlook for growth remains exciting given the strong momentum in the core business of shrimp feed, the plan to widen offerings in farm care products and the impending scale-up of verticals such as hatchery and shrimp exports.  The combination of these initiatives will enable us to deliver a stable and consistent performance going forward.”

 

Information: Ramakanth V. Akula, CEO, Waterbase, Ltd., Thapar House, #37 Montieth Road, Chennai - 600 008, India (Phone + 91-44-3012-7000, Fax + 91-44-3012-7001, Email info@waterbaseindia.com, Webpage http://www.waterbaseindia.com).

 

Source: B 4 U Media.  Q2 Results – The Waterbase Ltd – Press Release 2017.  November 14, 2017.

 

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