The Waterbase Ltd. engages in the manufacture and trade of shrimp feed. The company is headquartered in Chennai, Tamil Nadu and currently employs 290 full-time employees.  The firm also processes shrimp in IQF, block frozen and cooked form from its own captive farms, and exports its produce to global markets, predominantly Japan, Europe and the United States. The company produces a range of aqua feeds from its plants. Its shrimp feed brands include Bay White, Ultra XL, Tigerbay XL, and Magnum. Bay White is its Indian brand developed for Vannamei shrimp (Litopenaeus vannamei) farming. Ultra XL is formulated to meet the nutritional needs of tiger shrimp (Penaeus monodon). Tigerbay XL is a balanced feed for modified extensive farming of tiger shrimp. Magnum is its feed for Scampi (Macrobrachium Rosenbergii) in India. The company maintains prawn feed manufacturing units in Ananthavaram, TP Gudur, and Andhra Pradesh, with a capacity of approximately 1,00,000 metric tons (MT) per annum. The company offers support services to farmers to help them minimize feed losses by ensuring regular distribution throughout the ecosystem.

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