Veritas (India) Ltd.
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125.90 +2.45 ▲2.0%

27 May 2022, 04:01:00 PM
Volume: 1,528

Overview View Details

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Website http://www.veritasindia.net
Market Cap 337.54 Cr.
Enterprise Value(EV) 540.72 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 42.64 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 2.95 Trailing Twelve Months Ending 2021-12
Industry PE 115.75 Trailing Twelve Months Ending 2021-12
Book Value / Share 771.97 Trailing Twelve Months Ending 2021-12
Price to Book Value 0.16 Calculated using Price: 125.90
Dividend Yield 0.04 Period Ending 2021-03
No. of Shares Subscribed 2.68 Cr. 26,810,000 Shares
FaceValue 1
Company Profile

Veritas India, earlier known as Duroflex Engineering was engaged into the business of engineering goods. Duroflex Engineering changed its name to Veritas (India) in April 2009. The registered office of the company is situated at Mumbai, India.

Business of the company:

Veritas (India) engages in the imports, trading, and distribution of chemicals, metals, and machinery in India. It also involves in the generation of wind energy in the states of Maharashtra and Tamil Nadu with a generation capacity of approximately 1800 KW.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.98%
1 Week
+10.29%
1 Month
+1.37%
3 Month
-7.36%
6 Month
+25.71%
1 Year
+62.03%
2 Year
+320.37%
5 Year
-2.63%
10 Year
-46.88%

Ratios View Details

9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 13.98 18.20 7.91 5.63 6.23 5.58 2.96 6.82 5.67
Return on Capital Employed (%) 12.04 12.95 7.22 4.90 4.93 3.88 4.40 6.99 5.79
Return on Assets (%) 6.16 7.66 5.18 3.74 3.57 2.64 1.47 3.90 3.33

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 150 191 1,023 1,116 1,180 1,247 1,697 1,889 1,974 2,052
Non Curr. Liab. 5 4 76 422 736 871 698 748 865 776
Curr. Liab. 228 231 326 256 291 818 583 657 447 1,160
Minority Int.
Equity & Liab. 384 427 1,426 1,794 2,207 2,936 2,978 3,295 3,285 3,987
Non Curr. Assets 9 23 942 1,245 1,591 2,181 2,234 2,377 2,322 2,319
Curr. Assets 375 404 484 549 616 755 745 918 963 1,668
Misc. Exp. not W/O
Total Assets 384 427 1,426 1,794 2,207 2,936 2,978 3,295 3,285 3,987

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 914 1,202 1,503 1,456 1,648 1,679 1,876 2,037 1,876 2,045
Other Income 0 3 0 0 2 8 12 50 6 4
Total Income 914 1,205 1,503 1,456 1,651 1,688 1,888 2,087 1,882 2,049
Total Expenditure -888 -1,166 -1,446 -1,388 -1,567 -1,609 -1,766 -1,899 -1,715 -1,883
PBIDT 27 39 57 68 83 79 122 187 167 167
Interest -5 -6 -6 -6 -9 -7 -51 -35 -24 -18
Depreciation -1 -1 -1 -1 -1 -1 -25 -30 -32 -32
Taxation -2 -2 -2 -1 -2 -3 -3 0 -1 -2
Exceptional Items
PAT 19 31 48 60 71 68 44 122 109 114
Minority Interest
Share Associate
Other Related Items
Consolidated Net Profit 19 31 48 60 71 68 44 122 109 114
Adjusted EPS 8 13 20 22 27 25 16 46 41 43

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -48 -79 -13 -25 156 80 279 225 145 144
Cash Fr. Inv. 27 4 -5 -85 -303 -346 -587 -77 -88 -10
Cash Fr. Finan. 19 73 17 113 219 228 317 -133 -87 -130
Net Change -2 -2 -1 3 72 -38 9 15 -30 4
Cash & Cash Eqvt 15 13 12 15 87 49 57 72 42 6

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 65.23 65.23 65.23 65.23 65.23 65.23 65.23 65.23 63.36
Public 34.77 34.77 34.77 34.77 34.77 34.77 34.77 34.77 36.64
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 27 May 2022
Detailed Public Statement
Aryaman Financial Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement for the attention of the Equity Shareholders of Veritas (India) Ltd ("Target Company").
Tue, 24 May 2022
Board Meeting Intimation for Approval Of Annual Financial Statements (Standalone & Consolidated) Along With Results Of The Fourth Quarter And Recommendation Of The Final Dividend If Any For The Financial Year Ended 31St March 2022.
VERITAS (INDIA) LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2022 inter alia to consider and approve Annual Financial Statements (Standalone & Consolidated) of the Company for the financial year ended March 31 2022 along with results of the fourth quarter and to consider approve and recommend Final dividend if any for the financial year ended March 31 2022.
Fri, 20 May 2022
Open Offer
Aryaman Financial Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Public Announcement for the attention of the Equity Shareholders of Veritas (India) Ltd ("Target Company").

Technical Scans View Details

Fri, 27 May 2022
Close Crossing Last Month Close From Below Close Crossing Last Month Close From Below
Opening at High Opening at High
Opening at Low Opening at Low
Opening at Low for 3 days Opening at Low for 3 days
Closing Above Previous High Closing Above Previous High

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