The Waterbase Limited is engaged in the aquaculture business. The Company is focused on manufacturing shrimp feed, processing shrimp and exporting processed shrimp. It operates in two business segments: Shrimp Feed Manufacturing and Processed Shrimp Exports. Its geographic segments are Within India and Outside India. It manufactures a range of shrimp feeds, such as Bay White, which is a brand for Vannamei shrimp (Litopenaeus vannamei) farming; Tiger Bay XL, a feed for modified farming of tiger shrimp; Ultra XL, which is formulated to meet nutritional needs of tiger shrimp (Penaeus monodon), and Magnum, a feed for Scampi (Macrobrachium Rosenbergii). It also exports shrimp in different forms, such as instant quick freeze (IQF), block frozen and cooked to the geographies of Japan, the United States and Europe. Its shrimp feed is sold across the coastal states of India. The Company has a shrimp feed manufacturing plant and shrimp processing plant in Nellore, Andhra Pradesh, India.