Veritas (India)
- Market cap
- ₹ 396 Cr.
- P/E
- 22.9x
- P/B
- 0.14x
- 52-week range
- 132.2 – 311.75
- ROE
- 1%
- ROCE
- 2%
- Dividend yield
- 0%
- Debt / equity
- 0.15
- Sector
- Chemicals & Petrochemicals
- Industry
- Trading - Chemicals
- Listed on
- BSE
About
Veritas (India) Limited is an India-based company, which is engaged in the business of trade and distribution of chemicals, including petrochemicals, polymers, paper and paper boards, rubber, and heavy distillates. Its segments include Distribution & Development, Power Generation, Manufacturing and Warehousing. Its business verticals include trading, logistics, power generation, and information technology (IT) & software products. Its IT & software products include EasyBill, and Veridoc. EasyBill is a window-based software for retail traders who undergo the task of generating invoices. This software is designed with a one-screen concept. The one screen helps in entering data for generating invoices and gives complete details of the customer's account. Veridoc is a document management software that helps to store, access, manage, control, and track digital documents. Its subsidiaries include Veritas International FZE, Veritas Agro Ventures Private Limited, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Trading - Chemicals: 16 companies →Veritas (India) against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)22.9 against a typical 22.4: pricier than most peers (1st = cheapest).9th of 16
- Sales growth+53% against a typical +27.6% from a year earlier.4th of 13
- Profit growth−84.8% against a typical +34.8% from a year earlier.9th of 10
- Share price, 3 months−13.8% against a typical +0.3%.14th of 15
- Size₹ 396.4 Cr. market value against a typical ₹ 215.2 Cr. (1st = largest).2nd of 16
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 941 | 1,324 | 1,095 | 756 | 916 | 1,642 | 785 | 587 | 1,006 | 988 | 532 | 898 |
| Expenses | 884 | 1,269 | 1,044 | 691 | 867 | 1,592 | 760 | 551 | 991 | 963 | 523 | 877 |
| Operating Profit | 57 | 55 | 51 | 64 | 48 | 50 | 25 | 36 | 16 | 25 | 9 | 20 |
| OPM % | 6% | 4.2% | 4.6% | 8.5% | 5.3% | 3.1% | 3.2% | 6.1% | 1.6% | 2.5% | 1.7% | 2.2% |
| Other Income | 0 | 56 | 0 | 1 | 13 | 3 | −11 | 3 | −0 | 1 | −0 | 1 |
| Interest | 6 | 6 | 11 | 8 | 14 | 13 | 5 | 5 | 4 | 3 | 15 | 6 |
| Depreciation | 9 | 9 | 16 | 9 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 11 |
| Profit before tax | 42 | 96 | 24 | 48 | 37 | 30 | −1 | 24 | 1 | 12 | −17 | 4 |
| Tax % | 0.6% | 0.5% | 0.7% | −0.5% | 0.9% | 1.2% | −9.1% | −0.2% | 0% | 6.5% | −4.7% | −1.4% |
| Net Profit | 42 | 96 | 24 | 48 | 37 | 30 | −1 | 24 | 1 | 11 | −16 | 4 |
| EPS in Rs | 15.52 | 35.73 | 9.06 | 17.93 | 13.67 | 11.16 | −0.41 | 9.01 | 0.22 | 4.06 | −5.94 | 1.37 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 8%
- 5 Years
- 11%
- 3 Years
- 13%
- TTM
- −13%
- 10 Years
- −11%
- 5 Years
- −29%
- 3 Years
- −41%
- TTM
- −101%
- 10 Years
- 5%
- 5 Years
- 4%
- 3 Years
- −12%
- TTM
- —
- 10 Years
- 5%
- 5 Years
- 4%
- 3 Years
- 4%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Veritas (India) | ₹ 149.90 | ₹ 396 Cr. | 22.9x | 0.1x | 1% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Narendra Vala
- Chief Financial Officer
- Amit Anant Chavan
- Compliance Officer, Company Secretary
- Paresh Vasantlal Merchant
- Managing Director, Additional Director
- Praveen Bhatnagar
- Whole-time Director
Prices are delayed and for information only. Nothing on this page is investment advice.