company background image
512229 logo

Veritas (India) BSE:512229 Stock Report

Last Price

₹1.01k

Market Cap

₹27.0b

7D

5.9%

1Y

110.9%

Updated

18 Dec, 2024

Data

Company Financials

Veritas (India) Limited

BSE:512229 Stock Report

Market Cap: ₹27.0b

512229 Stock Overview

Trades in and distributes chemicals, such as polymers, paper and paper boards, rubber products, heavy distillates, and petrochemicals in India and internationally. More details

512229 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

Rewards

Price-To-Earnings ratio (13.2x) is below the Indian market (33x)

Earnings grew by 69.5% over the past year

Risk Analysis

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

Veritas (India) Limited Competitors

Sanghvi Movers

BSE:530073

₹27.2b

Creative Newtech

NSEI:CREATIVE

₹13.5b

Hardwyn India

BSE:541276

₹10.2b

Refex Industries

BSE:532884

₹64.9b

Price History & Performance

Summary of share price highs, lows and changes for Veritas (India)
Historical stock prices
Current Share Price₹1,005.55
52 Week High₹1,588.00
52 Week Low₹465.00
Beta1.03
1 Month Change11.39%
3 Month Change4.58%
1 Year Change110.94%
3 Year Change1,031.74%
5 Year Change3,491.25%
Change since IPO3,282.27%

Recent News & Updates

Recent updates

Shareholder Returns

512229IN Trade DistributorsIN Market
7D5.9%-0.7%-1.9%
1Y110.9%-5.6%24.7%

Return vs Industry: 512229 exceeded the Indian Trade Distributors industry which returned -9.3% over the past year.

Return vs Market: 512229 exceeded the Indian Market which returned 22.5% over the past year.

Price Volatility

Is 512229's price volatile compared to industry and market?
512229 volatility
512229 Average Weekly Movement4.0%
Trade Distributors Industry Average Movement6.4%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 512229 has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: 512229's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198517Paresh Merchantwww.veritasindia.net

Veritas (India) Limited trades in and distributes chemicals, such as polymers, paper and paper boards, rubber products, heavy distillates, and petrochemicals in India and internationally. It also trades in and distributes metals and minerals, petroleum, and fertilizers. In addition, the company offers logistics services; and generates wind energy.

Veritas (India) Limited Fundamentals Summary

How do Veritas (India)'s earnings and revenue compare to its market cap?
512229 fundamental statistics
Market cap₹26.96b
Earnings (TTM)₹2.05b
Revenue (TTM)₹40.89b

13.2x

P/E Ratio

0.7x

P/S Ratio

Is 512229 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
512229 income statement (TTM)
Revenue₹40.89b
Cost of Revenue₹38.14b
Gross Profit₹2.75b
Other Expenses₹702.30m
Earnings₹2.05b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)76.40
Gross Margin6.73%
Net Profit Margin5.01%
Debt/Equity Ratio9.6%

How did 512229 perform over the long term?

See historical performance and comparison

Dividends

0.005%

Current Dividend Yield

0.0655%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 04:55
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Veritas (India) Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shailaja CH.FirstCall Research