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Veritas (India) Key Ratios

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BSE: 512229

₹130.45

up-down-arrow ₹-1.75 (-1.32%)

As on 13-Nov-2026IST

Market cap

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₹350 Cr

Revenue (TTM)

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₹3,129 Cr

P/E Ratio

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--

P/B Ratio

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0.1

Div. Yield

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0 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue -20.63 -29.22 -22.16 5.47 9.29
EBIT -148.79 -183.00 -79.73 -50.41 -34.52
Net Profit -249.92 -1,018.09 -112.83 -138.45 -155.89
EPS -249.92 -1,018.01 -112.82 -138.45 -155.89
Book Value -- -- 7.46 7.53 7.73
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info 3.073.990.561.423.61
Net Margin info 2.733.49-0.220.632.77
Return on equity info 4.294.46-0.260.714.39
Return on Capital info 5.095.03--1.525.48
Return on Assets info 2.602.60-0.170.462.83
Debt to Equity (x) info ----0.000.150.07

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
--
1.52
5.48
8.28
4.59
Peer Median
--
3.40
5.49
3.31
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

-0.26

Lower than Peers by 3.65

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-0.26
0.71
4.39
7.76
4.30
Peer Median
3.39
2.73
3.00
1.72
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

-0.17

Lower than Peers by 1.64

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-0.17
0.46
2.83
4.50
2.33
Peer Median
1.47
1.07
2.30
1.90
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

0.56

Lower than Peers by 1.03

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
0.56
1.42
3.61
4.18
4.99
Peer Median
1.59
3.78
3.22
1.63
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

-0.22

Lower than Peers by 3.01

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-0.22
0.63
2.77
4.78
4.37
Peer Median
2.79
1.95
5.00
3.13
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
--
1.96
3.73
5.95
5.97
Peer Median
0.00
0.00
0.00
0.00
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

-22.16

Lower than Peers by 42.16

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-22.16
-24.05
6.32
78.18
1.49
Peer Median
20.00
28.19
23.02
15.96
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

-79.73

Lower than Peers by 88.04

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-79.73
-70.24
-8.11
49.44
-12.04
Peer Median
8.31
51.46
29.64
15.09
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

-112.83

Lower than Peers by 131.22

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-112.83
-82.65
-39.23
97.07
-9.44
Peer Median
18.40
64.57
6.09
61.58
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

-112.82

Lower than Peers by 123.46

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-112.82
-82.65
-39.23
97.07
-9.44
Peer Median
10.64
54.62
-7.80
435.00
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
--
7.46
6.19
8.96
9.12
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

--

--

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
--
0.15
0.07
0.10
0.10
Peer Median
0.00
0.07
0.05
0.08
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
--
0.11
0.02
0.02
--
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

1.08

Lower than Peers by 1.80

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
1.08
1.45
1.58
4.25
1.55
Peer Median
2.87
2.57
2.36
2.49
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

1.04

Lower than Peers by 1.27

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
1.04
1.42
1.53
4.14
1.51
Peer Median
2.32
2.76
2.78
3.84
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

0.73

Lower than Peers by 7.93

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
0.73
1.72
3.83
7.04
6.53
Peer Median
8.66
3.26
6.00
6.14
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

41.47

Higher than Peers by 14.94

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
41.47
67.33
31.35
43.03
76.24
Peer Median
26.53
40.69
28.60
36.45
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

0.76

Higher than Peers by 0.40

Sales / Average Total Assets

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
0.76
0.73
1.02
0.93
0.53
Peer Median
0.36
0.81
0.66
0.64
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
--
198.20
131.08
156.61
271.90
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
--
4.89
3.73
4.08
10.38
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
--
113.14
39.74
50.43
175.25
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
--
89.95
95.07
110.26
107.03
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

-50.90

Lower than Peers by 121.40

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-50.90
18.35
9.06
15.36
4.00
Peer Median
70.49
55.32
89.82
45.24
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

0.15

Lower than Peers by 0.47

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
0.15
0.13
0.39
1.14
0.16
Peer Median
0.62
0.84
0.89
1.21
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

0.04

--

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
0.04
0.04
0.01
0.00
0.04
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

10.46

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
10.46
8.74
6.08
11.80
4.04
Peer Median
--
-9.12
18.55
20.44
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

350

Higher than Peers by 182

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
350
362
1,029
2,869
379
Peer Median
168
164
182
165
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
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