TipHub

₹170.1

▼ -3.35 -1.93%

As of 28 Jul 2026 · delayed

BSE Listed

Veritas (India) Ltd. (512229)

Volume: 4,019Avg Vol 1W: 1,711Avg Vol 1M: 2,43152W Range:₹132.2₹393
BSE www.veritasindia.net AI Report
Key Ratios
Checked 7h ago
Market Cap₹465 Cr
Current Price₹170.1
Previous Close₹173.45
High / Low (52w)₹393 / ₹132.2
Volume4,019
Avg Vol (1W)1,711
Avg Vol (1M)2,431
Stock P/E23.6
Book Value₹1,068.34
Dividend Yield3%
ROE68.78%
ROA41.78%
Revenue (TTM)—
Revenue Growth—
Profit Margin63.29%
Total Debt—
Shares Outstanding3 Cr
Face Value—
EPS (TTM)₹7.35
P/B0.16
Debt / Equity0.12
50 DMA₹170.63
200 DMA₹192.66
Day change-1.93%
Price Chart
₹170.1▼ 55.55% · 1Y
₹623₹1351.0L
2025-07-29
2026-07-28

20-day avg volume: 2K shares

Pros
  • Healthy return on equity of 68.8%.
  • Pays a dividend yield of 3.0%.
  • Company is almost debt-free.
  • Stock trades below its book value.
Cons
  • Revenue fell 63% YoY.
  • Company is loss-making at the latest annual result.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹756 Cr₹916 Cr₹1,642 Cr₹785 Cr₹587 Cr₹1,006 Cr₹988 Cr₹532 Cr
EBITDA₹55 Cr₹51 Cr₹43 Cr₹4 Cr₹29 Cr₹5 Cr₹15 Cr₹-2 Cr
Net Profit₹48 Cr₹37 Cr₹30 Cr₹-1 Cr₹24 Cr₹1 Cr₹11 Cr₹-16 Cr
EPS————————
Profit & Loss (Annual)
MetricSept 2024Dec 2024Mar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹142 Cr₹109 Cr₹10 Cr₹4,104 Cr₹0 Cr₹7 Cr₹12 Cr₹5 Cr
EBITDA₹2 Cr₹2 Cr₹1 Cr₹155 Cr₹-1 Cr₹0 Cr₹5 Cr₹-5 Cr
Net Profit₹1 Cr₹1 Cr₹1 Cr₹114 Cr₹-1 Cr₹0 Cr₹4 Cr₹-4 Cr
EPS———42.36————
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹2,936 Cr₹2,978 Cr₹3,295 Cr₹3,286 Cr₹4,001 Cr₹4,121 Cr₹4,183 Cr₹3,836 Cr
Total Liabilities₹1,689 Cr₹1,281 Cr₹1,406 Cr₹1,312 Cr₹1,890 Cr₹1,817 Cr₹1,673 Cr₹1,171 Cr
Equity₹1,247 Cr₹1,697 Cr₹1,889 Cr₹1,974 Cr₹2,111 Cr₹2,304 Cr₹2,510 Cr₹2,665 Cr
Total Debt————————
Cash Flow
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹280 Cr₹229 Cr₹148 Cr₹145 Cr₹121 Cr₹82 Cr₹57 Cr₹30 Cr
Investing₹-587 Cr₹-77 Cr₹-71 Cr₹-10 Cr₹27 Cr₹-3 Cr₹-32 Cr₹19 Cr
Financing₹317 Cr₹-133 Cr₹-87 Cr₹-130 Cr₹-148 Cr₹-76 Cr₹-13 Cr₹-27 Cr
Free Cash Flow₹280 Cr₹229 Cr₹148 Cr₹145 Cr₹121 Cr₹82 Cr₹57 Cr₹30 Cr
Shareholding
Promoter 55.01% Institutions 9.7% Public 35.3%
Efficiency & Working Capital
ROCE1.3%
Interest Coverage3.8
Dividend Payout—
Debtor Days114 d
Inventory Days4 d
Payable Days62 d
Cash Conversion Cycle56 d
Working Capital Days118 d
Shareholding Details

As of 2026-06-30

Promoter55%
FII9.7%
DII0%
Institutions9.7%
Public35.3%
Promoter Pledge0%
No. of Shareholders6,631
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters55%55%55%55%55%55%55%55%55%55%55%55%
FIIs9.9%9.7%9.7%9.7%9.7%9.7%9.7%9.7%9.7%9.7%9.7%9.7%
DIIs0%0%0%0%0%0.1%0.1%0.1%0.1%0.1%0%0%
Public35.1%35.3%35.3%35.3%35.3%35.2%35.2%35.2%35.2%35.2%35.3%35.3%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders3,0693,1423,2483,9484,6645,6666,4206,8296,5636,7246,6836,631
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Swan Energy LtdShareholding of Promoter and Promoter Group55%1.47 Cr
Onix Assets LimitedPublic Shareholding11.2%30,00,000
Latitude Consultants LimitedPublic Shareholding9.7%26,00,000
Niti Nitinkumar DidwaniaPublic Shareholding5.8%15,46,585
Aventia Global LimitedPublic Shareholding3.7%10,00,000
Groupe Veritas LimitedPublic Shareholding2.6%6,94,762
Gunjan JainPublic Shareholding1.6%4,39,100
Board of Directors
NameDesignationYear
Paresh V MerchantExecutive Director & MD2025
Rohinton ShroffIndependent Non Exe. Director2025
Bhagyashri DixitIndependent Non Exe. Director2025
Arun S AgarwalExecutive Director2025
Virat DantwalaExecutive Director2025
Usha RamsinghaniCompany Sec. & Compli. Officer2025
Jayaramakrishnan KannanIndependent Director2025
Segments — Product
SegmentRevenueShare
Trading,Distribution & Development₹245 Cr99.9%
Wind Power Generation₹0 Cr0.1%
Segments — Geography
RegionRevenueShare
Domestic₹246 Cr100%
Overseas₹0 Cr0%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹11033
Corporate Actions
TypeDateValueRemark
dividend2025-09-19₹0.05 (5%)Final
forthcoming—Book ClosureAGM & 5% Final Dividend
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
20253001018
20252000016
2025000101
Substantial Acquisitions (SAST)

6 disclosure(s)

Market30/09/2022 · 8,50,000
Market30/09/2022 · 8,50,000
Market23/09/2022 · 8,60,000
Market23/09/2022 · 8,60,000
Market20/09/2022 · 9,01,250
Market20/09/2022 · 9,01,250
Company Information
Incorporated1985
AuditorShabbir and Rita Associates LLP
Investor Email[email protected]
🌐 www.veritasindia.net ↗

📍 Vakhil House 18 Sprott Road, Ballard Estate Fort, Mumbai, Maharashtra, 400001

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