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Vera Synthetic

NSEI:VERA
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VERA
NSEI
₹415M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Vera Synthetic Limited manufactures and sells fishing nets, ropes, twines, and yarns under the Sujlon name in India and internationally. The last earnings update was 26 days ago. More info.


Add to Portfolio Compare Print
  • Vera Synthetic has significant price volatility in the past 3 months.
VERA Share Price and Events
7 Day Returns
0%
NSEI:VERA
-0.4%
IN Luxury
-1.8%
IN Market
1 Year Returns
106.6%
NSEI:VERA
4.2%
IN Luxury
-1.3%
IN Market
VERA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Vera Synthetic (VERA) 0% -2.3% 18.6% 106.6% - -
IN Luxury -0.4% 3.3% 2.5% 4.2% 56.5% 121.4%
IN Market -1.8% 3.6% -0% -1.3% 31.8% 41.4%
1 Year Return vs Industry and Market
  • VERA outperformed the Luxury industry which returned 4.2% over the past year.
  • VERA outperformed the Market in India which returned -1.3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Vera Synthetic undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Vera Synthetic. This is due to cash flow or dividend data being unavailable. The share price is ₹84.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Vera Synthetic's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Vera Synthetic's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:VERA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹2.84
NSEI:VERA Share Price ** NSEI (2019-06-07) in INR ₹84
India Luxury Industry PE Ratio Median Figure of 244 Publicly-Listed Luxury Companies 11.31x
India Market PE Ratio Median Figure of 2,826 Publicly-Listed Companies 15.85x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Vera Synthetic.

NSEI:VERA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:VERA Share Price ÷ EPS (both in INR)

= 84 ÷ 2.84

29.58x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Vera Synthetic is overvalued based on earnings compared to the IN Luxury industry average.
  • Vera Synthetic is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Vera Synthetic's expected growth come at a high price?
Raw Data
NSEI:VERA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 29.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-0.3%per year
India Luxury Industry PEG Ratio Median Figure of 21 Publicly-Listed Luxury Companies 0.94x
India Market PEG Ratio Median Figure of 522 Publicly-Listed Companies 1.34x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Vera Synthetic, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Vera Synthetic's assets?
Raw Data
NSEI:VERA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹23.56
NSEI:VERA Share Price * NSEI (2019-06-07) in INR ₹84
India Luxury Industry PB Ratio Median Figure of 313 Publicly-Listed Luxury Companies 0.66x
India Market PB Ratio Median Figure of 3,653 Publicly-Listed Companies 1x
NSEI:VERA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:VERA Share Price ÷ Book Value per Share (both in INR)

= 84 ÷ 23.56

3.56x

* Primary Listing of Vera Synthetic.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Vera Synthetic is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Vera Synthetic's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Vera Synthetic has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Vera Synthetic expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Vera Synthetic, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-0.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Vera Synthetic expected to grow at an attractive rate?
  • Vera Synthetic's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Vera Synthetic's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Vera Synthetic's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:VERA Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:VERA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -0.3%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 17.2%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 13.6%
India Market Earnings Growth Rate Market Cap Weighted Average 16.6%
India Market Revenue Growth Rate Market Cap Weighted Average 9.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:VERA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:VERA Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 340 14
2018-12-31 324 23
2018-09-30 307 -25 31
2018-06-30 265 -16 21
2018-03-31 223 -6 11
2017-03-31 184 26 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Vera Synthetic's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Vera Synthetic is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:VERA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Vera Synthetic Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:VERA Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 2.84
2018-12-31 4.98
2018-09-30 7.34
2018-06-30 5.32
2018-03-31 2.93
2017-03-31 1.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Vera Synthetic will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Vera Synthetic's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Vera Synthetic has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Vera Synthetic performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Vera Synthetic's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Vera Synthetic has delivered over 20% year on year earnings growth in the past 5 years.
  • Vera Synthetic's 1-year earnings growth is less than its 5-year average (32.7% vs 38.1%)
  • Vera Synthetic's earnings growth has exceeded the IN Luxury industry average in the past year (32.7% vs 15.8%).
Earnings and Revenue History
Vera Synthetic's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Vera Synthetic Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:VERA Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 340.36 14.01 36.28
2018-12-31 323.72 22.90 33.46
2018-09-30 307.07 31.27 30.98
2018-06-30 264.79 20.91 27.56
2018-03-31 222.51 10.55 24.13
2017-03-31 184.20 4.26 19.11
2016-03-31 218.89 2.74 12.08
2015-03-31 243.15 0.48 13.31
2014-03-31 195.79 3.29 13.97
2013-03-31 219.09 1.80 11.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Vera Synthetic has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Vera Synthetic used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Vera Synthetic has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Vera Synthetic's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Vera Synthetic has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Vera Synthetic's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Vera Synthetic's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Vera Synthetic is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Vera Synthetic's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Vera Synthetic's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 8.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Vera Synthetic Company Filings, last reported 2 months ago.

NSEI:VERA Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 116.35 14.19 23.45
2018-12-31 116.35 14.19 23.45
2018-09-30 116.15 35.22 0.32
2018-06-30 116.15 35.22 0.32
2018-03-31 51.82 50.12 5.50
2017-03-31 41.26 8.53 4.61
2016-03-31 44.70 8.11 5.48
2015-03-31 41.96 12.73 0.08
2014-03-31 34.12 33.17 0.35
2013-03-31 30.83 39.78 0.56
  • Vera Synthetic's level of debt (12.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (97% vs 12.2% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 8.2x coverage).
X
Financial health checks
We assess Vera Synthetic's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Vera Synthetic has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Vera Synthetic's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Vera Synthetic dividends.
If you bought ₹2,000 of Vera Synthetic shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Vera Synthetic's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Vera Synthetic's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:VERA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 107 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1449 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Vera Synthetic has not reported any payouts.
  • Unable to verify if Vera Synthetic's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Vera Synthetic's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Vera Synthetic has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Vera Synthetic's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Vera Synthetic afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Vera Synthetic has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Vera Synthetic's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sunil Makwana
COMPENSATION ₹4,800,000
AGE 32
TENURE AS CEO 1.7 years
CEO Bio

Mr. Sunil D. Makwana has been Managing Director of Vera Synthetic Ltd since October 10, 2017. Mr. Makwana served as Director of Suresh Ship Breaking Private Limited and Suraj Filaments Private Limited. He holds a Bachelor degree in Commerce from Swami Sahajanand College of Commerce & Management, Bhavnagar affiliated with Bhavnagar University.

CEO Compensation
  • Insufficient data for Sunil to compare compensation growth.
  • Sunil's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Vera Synthetic management team in years:

1.8
Average Tenure
32
Average Age
  • The average tenure for the Vera Synthetic management team is less than 2 years, this suggests a new team.
Management Team

Sunil Makwana

TITLE
Chairman & MD
COMPENSATION
₹5M
AGE
32
TENURE
1.7 yrs

Devjibhai Makwana

TITLE
Founder & Executive Director
COMPENSATION
₹800K
AGE
64

Nagin Makwana

TITLE
Whole Time Director
COMPENSATION
₹3M
AGE
38

Bhavik Mehta

TITLE
Chief Financial Officer
AGE
24
TENURE
1.8 yrs

Kruti Shah

TITLE
Company Secretary & Compliance Officer
AGE
25
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Vera Synthetic board of directors in years:

1.7
Average Tenure
46
Average Age
  • The average tenure for the Vera Synthetic board of directors is less than 3 years, this suggests a new board.
Board of Directors

Sunil Makwana

TITLE
Chairman & MD
COMPENSATION
₹5M
AGE
32
TENURE
1.7 yrs

Devjibhai Makwana

TITLE
Founder & Executive Director
COMPENSATION
₹800K
AGE
64
TENURE
1.8 yrs

Nagin Makwana

TITLE
Whole Time Director
COMPENSATION
₹3M
AGE
38
TENURE
1.7 yrs

Ravikumar Adhiya

TITLE
Independent Director
AGE
35
TENURE
1.8 yrs

Dineshbhai Patel

TITLE
Independent Director
AGE
60
TENURE
1.7 yrs

Divyaben Mehta

TITLE
Independent Director
AGE
54
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Vera Synthetic's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Vera Synthetic has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Could The Vera Synthetic Limited (NSE:VERA) Ownership Structure Tell Us Something Useful?

As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' Vera Synthetic is not a large company by global standards. … See our latest analysis for Vera Synthetic NSEI:VERA Ownership Summary, June 10th 2019 What Does The Lack Of Institutional Ownership Tell Us About Vera Synthetic? … Insider Ownership Of Vera Synthetic The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St -

Vera Synthetic (NSE:VERA) Shareholders Have Enjoyed A 78% Share Price Gain

For example, the Vera Synthetic Limited (NSE:VERA) share price is up 78% in the last year, clearly besting than the market return of around -2.2% (not including dividends). … Note that businesses generally develop over the long term, so the returns over the last year might not reflect a long term trend. … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

Simply Wall St -

With EPS Growth And More, Vera Synthetic (NSE:VERA) Is Interesting

If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in Vera Synthetic (NSE:VERA). … How Fast Is Vera Synthetic Growing Its Earnings Per Share. … The good news is that Vera Synthetic is growing revenues, and EBIT margins improved by 3.9 percentage points to 12%, over the last year.

Simply Wall St -

Is Vera Synthetic Limited's (NSE:VERA) ROE Of 27% Impressive?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Over the last twelve months Vera Synthetic has recorded a ROE of 27%. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Is Vera Synthetic Limited's (NSE:VERA) P/E Ratio Really That Good?

To keep it practical, we'll show how Vera Synthetic Limited's (NSE:VERA) P/E ratio could help you assess the value on offer. … Vera Synthetic has a P/E ratio of 6.94, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Can We See Significant Insider Ownership On The Vera Synthetic Limited (NSE:VERA) Share Register?

If you want to know who really controls Vera Synthetic Limited (NSE:VERA), then you'll have to look at the makeup of its share registry. … Vera Synthetic is a smaller company with a market capitalization of ₹239m, so it may still be flying under the radar of many institutional investors. … Let's take a closer look to see what the different types of shareholder can tell us about VERA

Simply Wall St -

What does Vera Synthetic Limited's (NSE:VERA) Balance Sheet Tell Us About Its Future?

Investors are always looking for growth in small-cap stocks like Vera Synthetic Limited (NSE:VERA), with a market cap of ₹206m. … However, an important fact which most ignore is: how financially healthy is the business? … I believe these basic checks tell most of the story you need to know.

Simply Wall St -

Do You Like Vera Synthetic Limited (NSE:VERA) At This P/E Ratio?

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … Vera Synthetic has a price to earnings ratio of 5.66, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Should You Be Impressed By Vera Synthetic Limited's (NSE:VERA) ROE?

By way of learning-by-doing, we'll look at ROE to gain a better understanding Vera Synthetic Limited (NSE:VERA). … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.20 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Do Insiders Own Shares In Vera Synthetic Limited (NSE:VERA)?

A look at the shareholders of Vera Synthetic Limited (NSE:VERA) can tell us which group is most powerful. … Vera Synthetic is not a large company by global standards. … See our latest analysis for Vera Synthetic

Simply Wall St -

Company Info

Description

Vera Synthetic Limited manufactures and sells fishing nets, ropes, twines, and yarns under the Sujlon name in India and internationally. It provides HDPE, nylon mono, and polyster fishing nets; HDPE fishing twines; polyster ropes; pet straps; and PP multifilament and PP crimp yarns. Vera Synthetic Limited was incorporated in 2000 and is based in Bhavnagar, India.

Details
Name: Vera Synthetic Limited
VERA
Exchange: NSEI
Founded: 2000
₹414,540,000
4,935,000
Website: http://www.sujlonropes.com
Address: Vera Synthetic Limited
Pattani Plaza Complex,
Office No. Upper Level-27,
Bhavnagar,
Gujarat, 364002,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI VERA Equity Shares National Stock Exchange of India IN INR 12. Apr 2018
Number of employees
Current staff
Staff numbers
88
Vera Synthetic employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 13:08
End of day share price update: 2019/06/07 00:00
Last earnings filing: 2019/05/23
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.