Skip to content
thestock.space

Veritas (India) (BSE: VERITAS) is loss-making over the last 12 months, losing ₹0.79 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹132.35, 52% below its 52-week high. Sales grew 13% a year over 3 years. Debt is 0.18× equity. It is a small-cap company with a market cap of ₹355 Cr, ranked 26th of 52 Conglomerates companies by market cap; the shares fell 52% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹134.80
Day high
₹137.00
Day low
₹132.10
Prev. close
₹134.75
Volume
4.2K

Health check

6 to check
  • ReturnsBehind

    −52.0% over a year, better than 0 of 7 peers.

  • Price tagLoss-making

    Earnings were negative over the last 12 months.

  • GrowthUnder pressure

    Sales +12.9%, profit −40.8% a year over 3 years, but loss-making now.

  • ProfitabilityWeak

    ROCE 1.4% vs peer median 12.8%.

  • Balance sheetStretched

    Debt 0.18× equity, interest covered 1.7×, Piotroski 3 of 9.

  • Red flags4 to check

    Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Conglomerates

51 listed peers. Screen the industry

Small cap

₹355 Cr, #26 of 52 in its industry by size.

High beta

Beta 1.20 vs the NIFTY 50: swings more than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹3,423 Cr · profit ₹−1 Cr
Market cap
₹355 Cr
Small cap
P/E
n/a
Industry 14.8
Price to book
0.12
Peers 5.18
Dividend yield
0.04%
ROE
0.7%
Peers 11.6%
ROCE
1.4%
Peers 12.8%
Debt to equity
0.18
Debt ₹512 Cr
EPS (TTM)
−₹0.30
OPM (TTM)
2.0%
Net margin 0.0%
Sales growth
+53.0%
Latest quarter vs a year ago
Profit growth
−84.9%
Latest quarter vs a year ago
Price to sales
0.10
EV/EBITDA 12.6

Strengths and risks

Strengths

  • Quarterly sales up 53.0% on a year ago.

Risks to check

  • Loss-making over the last twelve months.
  • Return on equity is low at 0.7%.
  • Quarterly profit down 84.9% on a year ago.
  • 52% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Veritas (India)

Veritas (India) Limited trades in and distributes polymers, paper and paper boards, rubber products, heavy distillates, and petrochemicals in India and internationally. The company operates through four segments: Trading, Distribution and Development; Manufacturing; Warehousing; and Development of Software. It also trades in and distributes chemicals, petroleum products, and fertilizers; engages in the development of software, including 3D city model,…

Headquarters
Mumbai
Employees
10
Sector
Industrials
ISIN
INE379J01029
Website
veritasindia.net

Price range

52 weeks

₹132.10₹277.45

Today

₹132.10₹137.00
Avg volume (3M)
4K
1-year return
minus 52.0%
From 52-week high
minus 52.3%

Peers · Conglomerates

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
SRFSRF2,460.40minus 0.99%72,92831.921.214.5%24.2%0.351.8%minus 15.5%
TIINDIATube Investments of India2,170.00minus 5.65%42,00562.916.612.8%9.9%0.0515.5%minus 23.1%
GODREJINDGodrej Industries955.85minus 2.40%32,19827.432.412.3%10.4%2.229.8%minus 11.6%
3MINDIA3M India27,570.00minus 5.98%31,05857.029.947.5%18.4%0.108.7%minus 18.3%
THERMAXThermax2,746.30minus 17.27%30,93752.626.615.3%12.4%0.429.8%plus 1.5%
BEMLBEML1,953.20minus 1.89%16,26828.055.75.9%7.3%0.113.0%minus 7.4%
NAVANava529.15minus 0.99%14,99119.87.911.1%38.4%0.216.8%minus 12.1%
VERITASVeritas (India)132.35minus 1.78%355–9.21.4%2.0%0.1812.9%minus 52.0%
Median of 7 peers–−2.40%31,05831.926.612.8%12.4%0.218.7%−12.1%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
5871,006988532898
551991963523877
35.915.624.89.120.1
6.1%1.6%2.5%1.7%2.2%
2.8−0.30.6−0.30.5
4.64.43.2156
1010.310.510.511
24.10.611.6−16.73.6
−0.2%0.5%6.6%4.7%−1.3%
24.10.610.9−15.93.7
9.010.224.06-5.941.36

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+12.9%
Profit CAGR 3Y
−40.8%
EPS CAGR 3Y
−40.8%
ROE
0.7%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2,1633,8554,0983,113
–+78.2%+6.3%minus 24.0%
2,0133,5933,9083,020
15026119092.5
6.9%6.8%4.6%3.0%
−6.3−4.6−11.1−4.8
17.226.425.126.6
34.442.539.441.3
3.30.2−0.6−0.2
95.518811419.6
0.7%0.6%0.3%−0.3%
94.818711419.7
–+97.1%minus 39.2%minus 82.7%
35.3669.6942.367.35

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2.72.72.72.7
2,3012,5072,6632,862
289327272512
1,5281,3468991,340
4,1214,1833,8374,716
2,3962,4012,3822,463
344350349349
9.310.21.51.3
7.718.740.216.8
1,3631,4031,0651,886
4,1214,1833,8374,716

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
80.655.841.3−233
−3.4−31.819.1−0.9
−75.9−13−38.9210
1.31121.5−23.4
−2.1−31.6−4.3−0.3
78.524.237.1−233
−0.1−0.1−0.1−0.1

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you