Veritas (India) Peer Comparison

BSE: 512229

₹165.05

₹-1.50 (-0.90%)

As on 27-Aug-2026 14:42IST

Market cap

₹448 Cr

Revenue (TTM)

₹3,423 Cr

P/E Ratio

P/B Ratio

0.2

Div. Yield

0 %

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	Veritas (India)	MMTC	The Syndicate	Hexa Tradex	State Trading
Market cap (₹ Cr)	448	9,627	880	894	711
Revenue (₹ Cr)	3,423	3	72	5	--
Net Profit (₹ Cr)	-0.79	269.13	3.11	-6.89	638.56
Net Margin (%)	-0.02	105.48	4.16	-126.08	708.56
RoE (%)	-0.03	-24.43	8.14	-0.15	7.01
Price to Earnings	--	21.52	9.64	--	1.11
Price-To-Book	0.16	4.35	0.68	0.19	-2.47

Income Statement (₹ Cr)

	Veritas (India)	MMTC	The Syndicate	Hexa Tradex	State Trading
Operating Revenue	3,112.63	3.41	68.97	4.58	--
Total Income	3,115.37	180.58	71.71	5.46	125.09
Total Expenditure	3,027.22	184.88	67.44	11.04	48.02
EBITDA	85.41	-181.47	1.53	-6.46	-48.02
Depreciation	41.33	5.14	0.11	0.01	--
EBIT	44.08	-186.61	1.42	-6.47	-48.02
Interest	27.19	0.96	0.01	1.66	2.01
Other Income	2.74	177.17	2.74	0.87	125.09
Exceptional Items	--	473.70	-0.30	--	-27.17
Profit before Tax	19.64	638.61	52.87	-7.25	47.89
Provision for Tax	-0.07	251.23	0.97	1.47	23.14
Profit after Tax	19.70	387.38	51.90	-8.72	24.75

	Veritas (India)	MMTC	The Syndicate	Hexa Tradex	State Trading
Shareholder's Funds	2,864.22	2,120.72	1,289.98	4,615.51	-4,602.64
Minority Interest	--	--	--	--	--
Non-Current Liabilities	328.28	28.81	0.41	704.59	--
Current Liabilities	1,522.40	646.34	3.28	0.79	6,981.62
Total Liabilities	4,715.73	--	1,293.74	5,320.89	2,378.98

	Veritas (India)	MMTC	The Syndicate	Hexa Tradex	State Trading
Non-Current Assets	2,504.09	600.01	1,244.55	5,318.23	--
Current Assets	2,210.82	2,195.86	49.12	2.66	2,378.98
Total Assets	4,715.73	--	1,293.74	5,320.89	2,378.98
Total Debt*	436.67	0.00	0.00	8.63	1,981.26
Net Current Assets	688.42	1,549.52	45.84	1.88	-4,602.64
Contingent Liabilities	481.14	1,059.69	--	2.52	14,838.90

	Veritas (India)	MMTC	The Syndicate	Hexa Tradex	State Trading
Cash From Operating Activities	-232.68	-605.26	-4.94	-3.63	-170.78
Cash Flow from Investing Activities	-0.89	578.97	20.03	18.34	122.51
Cash from Financing Activities	210.17	-0.78	-15.37	-14.68	--
Net Cash Inflow / Outflow	-23.40	-27.07	-0.28	0.02	-48.28

	Veritas (India)	MMTC	The Syndicate	Hexa Tradex	State Trading
ROCE (%)	1.52	33.46	4.15	-0.12	0.00
ROE (%)	0.71	20.27	4.07	-0.19	0.00
ROA (%)	0.46	12.67	4.06	-0.17	1.04
EBIT Margin (%)	2.83	-126.10	6.19	-121.88	--
Net Margin (%)	0.63	214.52	72.38	-159.83	19.78
Cash Profit Margin (%)	1.96	0.00	75.41	-190.03	--

	Veritas (India)	MMTC	The Syndicate	Hexa Tradex	State Trading
Revenue Growth (%)	-24.05	26.77	6.40	0.48	--
EBIT Growth (%)	-54.45	-103.53	6.43	-362.93	57.63
Net Profit Growth (%)	-82.65	347.17	-41.21	65.05	-51.55
EPS Growth (%)	-82.65	347.19	-41.21	65.05	-57.58
Book Value Growth (%)	7.46	24.59	2.37	3.05	0.56

	Veritas (India)	MMTC	The Syndicate	Hexa Tradex	State Trading
Price / Earnings	18.35	20.20	15.99	0.00	24.99
Price / Book Value	0.13	3.69	0.64	0.19	-0.14
Dividend Yield (%)	0.04	0.00	1.85	0.00	0.00
EV/EBITDA	8.74	-1,403.91	187.03	-159.41	35.11
Market Cap (₹ Cr)	361.69	7,825.50	829.90	881.99	--

	Veritas (India)	MMTC	The Syndicate	Hexa Tradex	State Trading
Debt to Equity	0.15	0.00	0.00	0.00	-0.36
Short term debt to equity ratio	0.11	--	--	--	-0.43
Current Ratio	1.45	3.40	14.99	3.38	0.34
Quick Ratio	1.42	3.40	12.74	3.38	0.34
Interest Coverage	1.72	666.22	6,957.61	-3.38	24.77

	Veritas (India)	MMTC	The Syndicate	Hexa Tradex	State Trading
Debtors to sales (%)	67.33	705.28	7.42	--	--
Asset Turnover	0.73	0.00	0.05	0.00	0.00
Receivable days	198.20	7,658.04	24.37	0.00	--
Inventory Days	4.89	0.00	44.56	0.00	--
Payable days	113.14	0.00	8.11	--	--
Cash Conversion Cycle	89.95	7,658.04	60.82	--	--

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