Veritas (India) Ltd.

227.75 -4.35 ▼-1.9%

22 September 2023, 04:01:00 PM
Volume: 2,702

Company Profile

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Website http://www.veritasindia.net
Market Cap 610.60 Cr.
Enterprise Value(EV) 629.86 Cr. 2023-03
Financial Indicators
Earnings per share (EPS) 38.43 Trailing Twelve Months Ending 2023-06
Price-Earning Ratio (PE) 5.93 Trailing Twelve Months Ending 2023-06
Industry PE 51.60 Trailing Twelve Months Ending 2023-06
Book Value / Share 868.64 Trailing Twelve Months Ending 2023-06
Price to Book Value 0.26 Calculated using Price: 227.75
Dividend Yield 0.02 Period Ending 2022-03
No. of Shares Subscribed 2.68 Cr. 26,810,000 Shares
FaceValue 1
About Veritas (India) Ltd.
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.

Veritas (India) Ltd. Delivery

Delivered Qty
Traded Qty

Veritas (India) Ltd. Performance

1 Day
-1.87%
1 Week
-5.36%
1 Month
-7.92%
3 Month
+26.99%
6 Month
+46.94%
1 Year
+88.22%
2 Year
+34.64%
5 Year
+96.93%
10 Year
+759.43%

Veritas (India) Ltd. Fundamental Ratios

9 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03
Return on Equity (%) 18.20 7.91 5.63 6.23 5.58 2.96 6.82 5.67 5.13
Return on Capital Employed (%) 12.95 7.22 4.90 4.93 3.88 4.40 6.99 5.79 5.27
Return on Assets (%) 7.66 5.18 3.74 3.57 2.64 1.47 3.90 3.33 2.87

Veritas (India) Ltd. Balance Sheet

Particulars 10 years 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. 2022-03 Rs. Cr. 2023-03* Rs. Cr.
Shh. Funds 191 1,023 1,116 1,180 1,247 1,697 1,889 1,974 2,111 2,304
Non Curr. Liab. 4 76 422 736 871 698 748 815 639 709
Curr. Liab. 231 326 256 291 818 583 657 497 1,251 1,108
Minority Int.
Equity & Liab. 427 1,426 1,794 2,207 2,936 2,978 3,295 3,285 4,001 4,121
Non Curr. Assets 23 942 1,245 1,591 2,181 2,234 2,377 2,322 2,328 2,406
Curr. Assets 404 484 549 616 755 745 918 963 1,673 1,715
Misc. Exp. not W/O
Total Assets 427 1,426 1,794 2,207 2,936 2,978 3,295 3,285 4,001 4,121

Veritas (India) Ltd. Profit and Loss

Particulars 10 years 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. 2022-03 Rs. Cr. 2023-06 Rs. Cr. TTM
Net Sales 1,202 1,503 1,456 1,648 1,679 1,876 2,037 1,876 2,131 2,266
Other Income 3 0 0 2 8 12 50 6 2 2
Total Income 1,205 1,503 1,456 1,651 1,688 1,888 2,087 1,882 2,134 2,268
Total Expenditure -1,166 -1,446 -1,388 -1,567 -1,609 -1,766 -1,899 -1,715 -1,977 -2,107
PBIDT 39 57 68 83 79 122 187 167 157 161
Interest -6 -6 -6 -9 -7 -51 -35 -24 -19 -22
Depreciation -1 -1 -1 -1 -1 -25 -30 -32 -32 -35
Taxation -2 -2 -1 -2 -3 -3 0 -1 -1 -1
Exceptional Items
PAT 31 48 60 71 68 44 122 109 105 103
Minority Interest
Share Associate
Other Related Items
Consolidated Net Profit 31 48 60 71 68 44 122 109 105 103
Adjusted EPS 13 20 22 27 25 16 46 41 39 38

Veritas (India) Ltd. Cash Flow

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. 2022-03 Rs. Cr.
Cash Fr. Operatn. -79 -13 -25 156 80 279 225 145 144 121
Cash Fr. Inv. 4 -5 -85 -303 -346 -587 -77 -88 -10 27
Cash Fr. Finan. 73 17 113 219 228 317 -133 -87 -130 -148
Net Change -2 -1 3 72 -38 9 15 -30 4 0
Cash & Cash Eqvt 13 12 15 87 49 57 72 42 6 6

Veritas (India) Ltd. Shareholding Pattern

9 Qtrs 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%)
Promoter 65.23 65.23 65.23 63.36 63.36 56.79 22.83 63.37 55.01
Public 34.77 34.77 34.77 36.64 36.64 43.21 77.17 36.63 44.99
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

Veritas (India) Ltd. Announcements

Fri, 22 Sep 2023
Shareholder Meeting / Postal Ballot-Outcome of AGM
Pursuant to Regulation 30 of the SEBI LODR Regulation 2015 please find enclose herewith proceeding of 38th AGM held on Friday September 22 2023 through Video Conferencing/other Audio-Visual Means( VC/OAVM)
Fri, 22 Sep 2023
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
As per requirement of regulation 44 (3) of SEBI LODR 2015 please find details of voting results of the 38th AGM of the Company held Friday September 22 2023 which commenced from at 12:30 and concluded at 1:05 p.m. through Video Conferencing/Other Audio-Visual Means. Consolidated Scrutinizers report received from JMJA & Associates LLP Practising Company Secretary on remote e-voting at the AGM are also enclosed herewith for your consideration.
Tue, 05 Sep 2023
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to the provision of the Securities and Exchange Board of India (LODR) 2015 (as amended) please find enclosed copy of the newspaper publication of Notice of Equity Shareholder of the Company regarding transfer of Unclaimed dividend/shares to the IEPF published in Financial Express and Mumbai Lakshadweep.

Veritas (India) Ltd. Technical Scans

Fri, 22 Sep 2023
Opening at High Opening at High
Opening at High for 3 days Opening at High for 3 days
Closing Below Previous Low Closing Below Previous Low
Closing Below Previous Low for 3 days Closing Below Previous Low for 3 days
Making Lower Lows for 3 days Making Lower Lows for 3 days

Veritas (India) Ltd. Related Stocks

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Optiemus Infracom Ltd. 2,666.30 312.70 +0.7%
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Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Adani Enterprises Ltd. Consolidated 2023-06 104.95 2,464.95 -0.6%
Redington Ltd. Consolidated 2023-06 9.30 157.75 +0.1%
MMTC Ltd. Consolidated 2023-03 5.51 57.40 -0.9%
Lloyds Enterprises Ltd. Consolidated 2023-06 77.09 34.58 +1.4%
Landmark Cars Ltd. Consolidated 2023-03 37.77 792.00 -0.8%
Optiemus Infracom Ltd. Consolidated 2023-06 58.00 312.70 +0.7%
SIRCA Paints India Ltd. Consolidated 2023-06 45.25 390.75 -0.9%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Adani Enterprises Ltd. Consolidated 2023-06 8.32 2,464.95 -0.6%
Redington Ltd. Consolidated 2023-06 1.72 157.75 +0.1%
MMTC Ltd. Consolidated 2023-03 6.10 57.40 -0.9%
Lloyds Enterprises Ltd. Consolidated 2023-06 4.29 34.58 +1.4%
Landmark Cars Ltd. Consolidated 2023-03 6.77 792.00 -0.8%
Optiemus Infracom Ltd. Consolidated 2023-06 6.90 312.70 +0.7%
SIRCA Paints India Ltd. Consolidated 2023-06 7.00 390.75 -0.9%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Adani Enterprises Ltd. Consolidated 2023-03 1.16 2,464.95 -0.6%
Redington Ltd. Consolidated 2023-03 0.45 157.75 +0.1%
MMTC Ltd. Consolidated 2022-03 -17.70 57.40 -0.9%
Lloyds Enterprises Ltd. Consolidated 2023-03 0.06 34.58 +1.4%
Landmark Cars Ltd. Consolidated 2023-03 0.45 792.00 -0.8%
Optiemus Infracom Ltd. Consolidated 2023-03 0.14 312.70 +0.7%
SIRCA Paints India Ltd. Consolidated 2023-03 0.00 390.75 -0.9%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Adani Enterprises Ltd. Consolidated 2023-03 8.08 2,464.95 -0.6%
Redington Ltd. Consolidated 2023-03 22.66 157.75 +0.1%
MMTC Ltd. Consolidated 2022-03 0.00 57.40 -0.9%
Lloyds Enterprises Ltd. Consolidated 2023-03 5.19 34.58 +1.4%
Landmark Cars Ltd. Consolidated 2023-03 24.15 792.00 -0.8%
Optiemus Infracom Ltd. Consolidated 2023-03 11.75 312.70 +0.7%
SIRCA Paints India Ltd. Consolidated 2023-03 18.80 390.75 -0.9%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Adani Enterprises Ltd. Consolidated 2023-03 8.08 2,464.95 -0.6%
Redington Ltd. Consolidated 2023-03 22.66 157.75 +0.1%
MMTC Ltd. Consolidated 2022-03 0.00 57.40 -0.9%
Lloyds Enterprises Ltd. Consolidated 2023-03 5.19 34.58 +1.4%
Landmark Cars Ltd. Consolidated 2023-03 24.15 792.00 -0.8%
Optiemus Infracom Ltd. Consolidated 2023-03 11.75 312.70 +0.7%
SIRCA Paints India Ltd. Consolidated 2023-03 18.80 390.75 -0.9%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Adani Enterprises Ltd. Consolidated 2023-03 136,977.76 2,464.95 -0.6%
Redington Ltd. Consolidated 2023-03 79,376.78 157.75 +0.1%
MMTC Ltd. Consolidated 2022-03 11,796.24 57.40 -0.9%
Lloyds Enterprises Ltd. Consolidated 2023-03 380.30 34.58 +1.4%
Landmark Cars Ltd. Consolidated 2023-03 3,382.35 792.00 -0.8%
Optiemus Infracom Ltd. Consolidated 2023-03 1,173.88 312.70 +0.7%
SIRCA Paints India Ltd. Consolidated 2023-03 267.75 390.75 -0.9%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Adani Enterprises Ltd. Consolidated 2023-03 2,208.94 2,464.95 -0.6%
Redington Ltd. Consolidated 2023-03 1,439.39 157.75 +0.1%
MMTC Ltd. Consolidated 2022-03 -262.38 57.40 -0.9%
Lloyds Enterprises Ltd. Consolidated 2023-03 45.03 34.58 +1.4%
Landmark Cars Ltd. Consolidated 2023-03 85.10 792.00 -0.8%
Optiemus Infracom Ltd. Consolidated 2023-03 41.88 312.70 +0.7%
SIRCA Paints India Ltd. Consolidated 2023-03 46.11 390.75 -0.9%

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