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Veritas (India) Ltd

VERITAS Share Price

381.000.94% (-3.60)
High
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Returns
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1D
1W
1M
1Y
5Y
Max
SIP
Industrials
Commodities Trading
Smallcap

With a market cap of ₹1,031 cr, stock is ranked 1,462

Moderate Risk

Stock is 2.06x as volatile as Nifty

VERITAS Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

Low

Undervalued compared to the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Industrials
Commodities Trading
Smallcap

With a market cap of ₹1,031 cr, stock is ranked 1,462

Moderate Risk

Stock is 2.06x as volatile as Nifty

VERITAS Performance & Key Metrics

VERITAS Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
9.080.410.01%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
38.846.470.59%

VERITAS Analyst Ratings & Forecast

—
Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

VERITAS Company Profile

The Company's principal business activities include wholesale trade. The Company is engaged in the business of imports, export, trading and distribution of chemicals, polymers , metals, rubber etc.

VERITAS Similar Stocks (Peers)

Compare with peers Compare with peers 

VERITAS Similar Stocks (Peers)

Compare with peers Compare with peers 
Adani Enterprises Ltd
ADANIENT
PE Ratio
41.81
41.81
1Y Return
17.26%
17.26%
Buy Reco %
100.00
100.00
Lloyds Enterprises Ltd
LLOYDSENT
PE Ratio
199.64
199.64
1Y Return
144.04%
144.04%
Buy Reco %
0.00
0.00
MMTC Ltd
MMTC
PE Ratio
120.62
120.62
1Y Return
16.43%
16.43%
Buy Reco %
0.00
0.00
MSTC Ltd
MSTCLTD
PE Ratio
9.37
9.37
1Y Return
38.12%
38.12%
Buy Reco %
0.00
0.00
Blue Pearl Agriventures Ltd
BPAGRI
PE Ratio
5,221.88
5,221.88
1Y Return
1,112.96%
1,112.96%
Buy Reco %
0.00
0.00
Compare with Peers

VERITAS Forecast

VERITAS Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

VERITAS

VERITAS

Income

Balance Sheet

Cash Flow

VERITAS Income Statement

VERITAS Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 14.49%, vs industry avg of 7.13%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 1.93% to 2.68%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -1.47%, vs industry avg of 49.08%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue1,650.721,680.371,887.952,086.561,880.532,131.872,167.963,911.434,103.924,103.92
Raw Materialssubtract1,594.751,573.591,850.751,744.091,673.942,029.821,941.533,594.493,909.953,909.94
Power & Fuel Costsubtract0.070.070.050.060.060.007.350.87
Employee Costsubtract2.532.574.6211.667.086.199.6216.11
Selling & Administrative Expensessubtract2.792.179.757.127.187.018.2610.99
Operating & Other expensessubtract-32.7322.87-99.13136.3225.28-68.0653.9827.42
Depreciation/Amortizationsubtract0.710.6624.8830.1231.8031.9634.4342.5439.4339.42
Interest & Other Itemssubtract9.357.2450.5734.7524.2819.1517.2731.1240.6340.64
Taxes & Other Itemssubtract1.773.432.930.141.461.090.711.040.350.37
EPS26.6625.2816.2445.6240.8239.0635.3669.6942.3642.35
DPS0.050.050.050.050.050.050.050.050.050.05
Payout ratio0.000.000.000.000.000.000.000.000.000.00
See Costs

VERITAS Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
FY 2016FY 2016

Annual report

PDF
 

VERITAS Stock Peers

VERITAS Past Performance & Peer Comparison

VERITAS Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsCommodities Trading

Valuation

Technical

Forecast

ScreenerCompare valuation-basic on Screener

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Veritas (India) Ltd9.080.410.01%
Adani Enterprises Ltd41.815.270.05%
Lloyds Enterprises Ltd199.645.570.11%
MMTC Ltd120.626.43—

VERITAS Stock Price Comparison

Compare VERITAS with any stock or ETF
Compare VERITAS with any stock or ETF
VERITAS
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VERITAS Holdings

VERITAS Shareholdings

VERITAS Promoter Holdings Trend

VERITAS Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

VERITAS Institutional Holdings Trend

VERITAS Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

VERITAS Shareholding Pattern

VERITAS Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding55.01%0.00%0.14%9.70%35.15%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

VERITAS Shareholding History

VERITAS Shareholding History

Dec '23MarJunSepDec '24Mar9.73%9.71%9.71%9.71%9.70%9.70%

VERITAS Insider Trades & Bulk Stock Deals

VERITAS Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing VERITAS stock

smallcases containing VERITAS stock

Looks like this stock is not in any smallcase yet.

VERITAS Events

VERITAS Events

VERITAS Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

VERITAS has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.01%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹0.13 every year

Dividends

Corp. Actions

Announcements

Legal Orders

VERITAS Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

VERITAS has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.01%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹0.13 every year

VERITAS Upcoming Dividends

VERITAS Upcoming Dividends

No upcoming dividends are available

VERITAS Past Dividends

VERITAS Past Dividends

Cash Dividend

Ex DateEx DateSep 17, 2024

Final
Final | Div/Share: ₹0.05

Dividend/Share

₹0.05

Ex DateEx Date

Sep 17, 2024

Cash Dividend

Ex DateEx DateSep 15, 2023

Final
Final | Div/Share: ₹0.05

Dividend/Share

₹0.05

Ex DateEx Date

Sep 15, 2023

Cash Dividend

Ex DateEx DateSep 22, 2022

Final
Final | Div/Share: ₹0.05

Dividend/Share

₹0.05

Ex DateEx Date

Sep 22, 2022

Cash Dividend

Ex DateEx DateSep 22, 2021

Final
Final | Div/Share: ₹0.05

Dividend/Share

₹0.05

Ex DateEx Date

Sep 22, 2021

Cash Dividend

Ex DateEx DateSep 22, 2020

Final
Final | Div/Share: ₹0.05

Dividend/Share

₹0.05

Ex DateEx Date

Sep 22, 2020

VERITAS Stock News & Opinions

VERITAS Stock News & Opinions

Earnings
Veritas (India) reports consolidated net loss of Rs 1.10 crore in the March 2025 quarter

Net loss of Veritas (India) reported to Rs 1.10 crore in the quarter ended March 2025 as against net profit of Rs 24.30 crore during the previous quarter ended March 2024. Sales declined 28.23% to Rs 785.56 crore in the quarter ended March 2025 as against Rs 1094.54 crore during the previous quarter ended March 2024. For the full year,net profit declined 39.22% to Rs 113.56 crore in the year ended March 2025 as against Rs 186.85 crore during the previous year ended March 2024. Sales rose 6.34% to Rs 4099.05 crore in the year ended March 2025 as against Rs 3854.53 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales785.561094.54 -28 4099.053854.53 6 OPM %3.364.62 -4.615.31 - PBDT8.7340.38 -78 153.33230.43 -33 PBT-1.2124.49 PL 113.91187.89 -39 NP-1.1024.30 PL 113.56186.85 -39 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Board of Veritas (India) recommends final dividend

Veritas (India) announced that the Board of Directors of the Company at its meeting held on 29 May 2025, inter alia, have recommended the final dividend of Rs 0.05 per equity Share (i.e. 5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Veritas (India) to conduct board meeting

Veritas (India) will hold a meeting of the Board of Directors of the Company on 29 May 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Veritas (India) consolidated net profit declines 68.76% in the December 2024 quarter

Net profit of Veritas (India) declined 68.76% to Rs 29.93 crore in the quarter ended December 2024 as against Rs 95.80 crore during the previous quarter ended December 2023. Sales rose 24.06% to Rs 1642.46 crore in the quarter ended December 2024 as against Rs 1323.90 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1642.461323.90 24 OPM %3.064.16 - PBDT40.24105.27 -62 PBT30.2996.31 -69 NP29.9395.80 -69 Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Veritas (India) standalone net profit rises 50.53% in the December 2024 quarter

Net profit of Veritas (India) rose 50.53% to Rs 1.43 crore in the quarter ended December 2024 as against Rs 0.95 crore during the previous quarter ended December 2023. Sales rose 41.13% to Rs 108.74 crore in the quarter ended December 2024 as against Rs 77.05 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales108.7477.05 41 OPM %1.441.52 - PBDT1.861.52 22 PBT1.801.46 23 NP1.430.95 51 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Veritas (India) to announce Quarterly Result

Veritas (India) will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Veritas (India) consolidated net profit declines 11.90% in the September 2024 quarter

Net profit of Veritas (India) declined 11.90% to Rs 36.66 crore in the quarter ended September 2024 as against Rs 41.61 crore during the previous quarter ended September 2023. Sales declined 2.70% to Rs 915.51 crore in the quarter ended September 2024 as against Rs 940.87 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales915.51940.87 -3 OPM %5.266.04 - PBDT47.1050.78 -7 PBT36.9941.87 -12 NP36.6641.61 -12 Powered by Capital Market - Live

7 months agoCapital Market - Live
Corporate
Veritas (India) to discuss results

Veritas (India) will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live

7 months agoCapital Market - Live
Corporate
Veritas (India) to conduct AGM

Veritas (India) announced that the Annual General Meeting (AGM) of the company will be held on 24 September 2024.Powered by Capital Market - Live

10 months agoCapital Market - Live
Corporate
Veritas (India) to convene AGM

Veritas (India) announced that the Annual General Meeting (AGM) of the company will be held on 24 September 2024.Powered by Capital Market - Live

10 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Veritas (India) Ltd (VERITAS) today?

    The share price of VERITAS as on 8th July 2025 is ₹381. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Veritas (India) Ltd (VERITAS) share?

    The past returns of Veritas (India) Ltd (VERITAS) share are
    • Past 1 week: -0.71%
    • Past 1 month: 5.65%
    • Past 3 months: -3.55%
    • Past 6 months: -54.94%
    • Past 1 year: -67.83%
    • Past 3 years: 218.91%
    • Past 5 years: 1000.43%

  3. What are the peers or stocks similar to Veritas (India) Ltd (VERITAS)?

    The peers or stocks similar to Veritas (India) Ltd (VERITAS) include:

  4. What is the dividend yield % of Veritas (India) Ltd (VERITAS) share?

    The current dividend yield of Veritas (India) Ltd (VERITAS) is 0.01.

  5. What is the market cap of Veritas (India) Ltd (VERITAS) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Veritas (India) Ltd (VERITAS) is ₹1031.11 Cr as of 8th July 2025.

  6. What is the 52 week high and low of Veritas (India) Ltd (VERITAS) share?

    The 52-week high of Veritas (India) Ltd (VERITAS) is ₹1243.95 and the 52-week low is ₹353.55.

  7. What is the PE and PB ratio of Veritas (India) Ltd (VERITAS) stock?

    The P/E (price-to-earnings) ratio of Veritas (India) Ltd (VERITAS) is 9.08. The P/B (price-to-book) ratio is 0.41.

  8. Which sector does Veritas (India) Ltd (VERITAS) belong to?

    Veritas (India) Ltd (VERITAS) belongs to the Industrials sector & Commodities Trading sub-sector.

  9. How to buy Veritas (India) Ltd (VERITAS) shares?

    You can directly buy Veritas (India) Ltd (VERITAS) shares on Tickertape. Simply sign up, connect your demat account and place your order.