Stock Report

Download full stock data and analysis for free Last Updated: 28-Aug-2026

Stock Rating

See the stock’s health at a glance, before it's too late.

Wealth Insight New Issue

This month’s issue could change how you invest, read now.

Recently Viewed

Clear All

Veritas (India) Key Ratios

Stock Card factsheet watchlist-stock-modal share-fund-plan-icon

BSE: 512229

₹166.00

up-down-arrow ₹-1.80 (-1.07%)

As on 28-Aug-2026IST

Market cap

info icon

₹445 Cr

Revenue (TTM)

info icon

₹3,423 Cr

P/E Ratio

info icon

--

P/B Ratio

info icon

0.2

Div. Yield

info icon

0 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue 68.79 52.99 -12.87 14.74 13.87
EBIT 733.24 -65.04 -77.13 -39.61 -28.74
Net Profit 122.95 -84.86 -100.88 -119.74 -136.18
EPS 122.96 -84.86 -100.88 -119.72 -136.16
Book Value -- -- 7.46 7.53 7.73
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info 3.073.990.801.423.61
Net Margin info 2.733.49-0.020.632.77
Return on equity info 4.294.46-0.030.714.39
Return on Capital info 5.095.03--1.525.48
Return on Assets info 2.602.60-0.020.462.83
Debt to Equity (x) info ----0.020.150.07

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
--
4.18
5.49
3.31
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

-0.03

Lower than Peers by 3.76

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-0.03
0.71
4.39
7.76
4.30
Peer Median
3.74
3.15
3.00
1.72
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

-0.02

Lower than Peers by 1.66

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-0.02
0.46
2.83
4.50
2.33
Peer Median
1.64
1.75
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

0.80

Lower than Peers by 0.75

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
0.80
1.42
3.61
4.18
4.99
Peer Median
1.54
2.05
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

-0.02

Lower than Peers by 2.75

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

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-0.02
0.63
2.77
4.78
4.37
Peer Median
2.73
1.98
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

-12.87

Lower than Peers by 32.87

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-12.87
-24.05
6.32
78.18
1.49
Peer Median
20.00
14.01
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

-77.13

Lower than Peers by 85.43

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-77.13
-70.24
-8.11
49.44
-12.04
Peer Median
8.31
10.57
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

-100.88

Lower than Peers by 123.97

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-100.88
-82.65
-39.23
97.07
-9.44
Peer Median
23.09
73.09
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

-100.88

Lower than Peers by 119.18

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
-100.88
-82.65
-39.23
97.07
-9.44
Peer Median
18.30
54.11
-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

0.02

Higher than Peers by 0.02

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
0.02
0.15
0.07
0.10
0.10
Peer Median
0.00
0.05
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

1.45

Lower than Peers by 1.10

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
1.45
1.45
1.58
4.25
1.55
Peer Median
2.55
2.79
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

1.42

Lower than Peers by 0.84

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
1.42
1.42
1.53
4.14
1.51
Peer Median
2.26
2.90
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

0.97

Lower than Peers by 9.29

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
0.97
1.72
3.83
7.04
6.53
Peer Median
10.26
7.69
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

61.21

Higher than Peers by 35.97

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
61.21
67.33
31.35
43.03
76.24
Peer Median
25.25
28.90
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

0.80

Higher than Peers by 0.43

Sales / Average Total Assets

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
0.80
0.73
1.02
0.93
0.53
Peer Median
0.37
0.79
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

-567.30

Lower than Peers by 617.23

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)
-567.30
18.35
9.06
15.36
4.00
Peer Median
49.92
63.99
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

0.16

Lower than Peers by 0.55

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)
0.16
0.13
0.39
1.14
0.16
Peer Median
0.70
0.78
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

0.03

--

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)
0.03
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

12.17

--

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)
12.17
8.74
6.08
11.80
4.04
Peer Median
--
-0.62
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

445

Higher than Peers by 250

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Veritas (India)
445
362
1,029
2,869
379
Peer Median
195
190
182
165
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
loading...
loading...
loading...
loading...
loading...