Veritas (India) Peer Comparison

BSE: 512229

₹130.45

₹-1.75 (-1.32%)

As on 13-Nov-2026IST

Market cap

₹350 Cr

Revenue (TTM)

₹3,129 Cr

P/E Ratio

P/B Ratio

0.1

Div. Yield

0 %

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	Veritas (India)	MMTC	Hexa Tradex	The Syndicate	Riddhi Siddhi
Market cap (₹ Cr)	350	8,358	893	799	499
Revenue (₹ Cr)	3,129	3	6	74	205
Net Profit (₹ Cr)	-6.87	145.01	1.51	3.21	-24.16
Net Margin (%)	-0.22	56.96	22.18	4.17	2.85
RoE (%)	-0.26	-21.11	0.03	8.59	1.00
Price to Earnings	--	27.70	590.42	8.23	--
Price-To-Book	0.15	3.69	0.16	0.62	0.32

Income Statement (₹ Cr)

	Veritas (India)	MMTC	Hexa Tradex	The Syndicate	Riddhi Siddhi
Operating Revenue	3,129.45	2.90	5.85	74.34	205.49
Total Income	3,130.21	254.59	6.83	76.93	261.78
Total Expenditure	3,068.61	179.16	2.28	72.21	217.68
EBITDA	60.84	-176.26	3.57	2.12	-12.19
Depreciation	43.33	4.54	0.01	0.11	8.80
EBIT	17.51	-180.80	3.57	2.01	-20.99
Interest	25.16	0.70	1.04	0.00	20.42
Other Income	0.77	251.69	0.98	2.60	56.29
Exceptional Items	0.00	90.40	0.00	-0.30	0.00
Profit before Tax	-6.88	160.59	3.50	4.31	14.88
Provision for Tax	-0.01	15.58	1.99	1.11	7.43
Profit after Tax	-6.87	145.01	1.51	3.21	7.45

	Veritas (India)	MMTC	Hexa Tradex	The Syndicate	Riddhi Siddhi
Shareholder's Funds	2,348.83	2,264.52	5,752.55	1,290.72	1,560.11
Minority Interest	0.00	0.00	0.00	0.00	7.84
Non-Current Liabilities	251.78	27.00	889.36	0.08	218.04
Current Liabilities	1,300.96	668.28	1.31	2.07	184.75
Total Liabilities	4,715.73	2,795.87	5,320.89	1,293.74	1,891.30

	Veritas (India)	MMTC	Hexa Tradex	The Syndicate	Riddhi Siddhi
Non-Current Assets	2,392.17	591.03	6,640.93	1,246.69	1,277.33
Current Assets	1,401.03	2,319.79	2.29	38.27	699.65
Total Assets	4,715.73	2,795.87	5,320.89	1,293.74	1,891.30
Total Debt*	436.67	0.00	8.63	0.00	281.88
Net Current Assets	100.08	1,651.51	0.98	36.21	514.89
Contingent Liabilities	481.14	1,059.69	2.52	--	76.01

	Veritas (India)	MMTC	Hexa Tradex	The Syndicate	Riddhi Siddhi
Cash From Operating Activities	-232.68	-605.26	-3.63	-4.94	-9.24
Cash Flow from Investing Activities	-0.89	578.97	18.34	20.03	-22.36
Cash from Financing Activities	210.17	-0.78	-14.68	-15.37	139.94
Net Cash Inflow / Outflow	-23.40	-27.07	0.02	-0.28	108.34

	Veritas (India)	MMTC	Hexa Tradex	The Syndicate	Riddhi Siddhi
ROCE (%)	1.52	33.46	-0.12	4.15	2.80
ROE (%)	-0.26	-21.11	0.03	8.59	1.00
ROA (%)	-0.17	4.30	0.02	0.25	0.38
EBIT Margin (%)	0.56	-6,234.48	60.97	2.71	-10.22
Net Margin (%)	-0.22	56.96	22.18	4.17	2.85
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Veritas (India)	MMTC	Hexa Tradex	The Syndicate	Riddhi Siddhi
Revenue Growth (%)	-22.16	-1.36	26.88	15.27	-20.68
EBIT Growth (%)	-79.73	-68.31	181.30	77.74	-85.48
Net Profit Growth (%)	-112.83	-14.71	-92.94	7.47	-84.02
EPS Growth (%)	-112.83	-915.45	-92.94	442.47	-76.11
Book Value Growth (%)	7.46	24.59	3.05	2.37	-2.57

	Veritas (India)	MMTC	Hexa Tradex	The Syndicate	Riddhi Siddhi
Price / Earnings	-50.90	-18.06	590.03	7.20	32.62
Price / Book Value	0.15	3.69	0.16	0.62	0.32
Dividend Yield (%)	0.04	0.00	0.00	1.92	0.43
EV/EBITDA	12.47	-37.27	252.34	361.07	-55.11
Market Cap (₹ Cr)	361.69	7,825.50	881.99	829.90	294.17

	Veritas (India)	MMTC	Hexa Tradex	The Syndicate	Riddhi Siddhi
Debt to Equity	0.00	0.00	0.00	0.00	0.13
Short term debt to equity ratio	0.11	--	--	--	0.06
Current Ratio	1.08	3.47	1.75	18.53	3.79
Quick Ratio	1.04	3.47	1.75	14.66	3.65
Interest Coverage	0.73	230.41	4.36	6,957.61	1.73

	Veritas (India)	MMTC	Hexa Tradex	The Syndicate	Riddhi Siddhi
Debtors to sales (%)	41.47	863.45	0.00	6.90	9.35
Asset Turnover	0.76	0.00	0.00	0.06	0.11
Receivable days	198.20	7,658.04	0.00	24.37	15.91
Inventory Days	4.89	0.00	0.00	44.56	68.36
Payable days	113.14	0.00	--	8.11	19.80
Cash Conversion Cycle	89.95	7,658.04	--	60.82	64.47

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