Debut Plus

165

-2 -1.20%

As of 10 Sept 2026 · delayed

BSE Listed

Veritas (India) Ltd. (512229)

Volume: 5,924Avg Vol 1W: 4,095Avg Vol 1M: 4,92352W Range:132.2373.5
Key Ratios
Checked 3h ago
Market Cap₹436 Cr
Current Price₹165
Previous Close₹167
High / Low (52w)₹373.5 / ₹132.2
Volume5,924
Avg Vol (1W)4,095
Avg Vol (1M)4,923
Stock P/E22.76
Book Value₹1,068.34
Dividend Yield3%
ROE68.78%
ROA-1.68%
Revenue (TTM)
Revenue Growth
Profit Margin-2.31%
Total Debt
Shares Outstanding3 Cr
Face Value
EPS (TTM)₹0
P/B0.15
Debt / Equity0.12
50 DMA₹171.23
200 DMA₹173.07
Day change-1.20%
Price Chart
165 55.38% · 1Y
5281351.0L
2025-09-11
2026-09-10

20-day avg volume: 5K shares

Pros
  • Healthy return on equity of 68.8%.
  • Pays a dividend yield of 3.0%.
  • Company is almost debt-free.
  • Stock trades below its book value.
Cons
  • Revenue fell 100% YoY.
  • Company is loss-making at the latest annual result.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹916 Cr₹1,642 Cr₹785 Cr₹587 Cr₹1,006 Cr₹988 Cr₹532 Cr₹898 Cr
EBITDA₹51 Cr₹43 Cr₹4 Cr₹29 Cr₹5 Cr₹15 Cr₹-2 Cr₹10 Cr
Net Profit₹37 Cr₹30 Cr₹-1 Cr₹24 Cr₹1 Cr₹11 Cr₹-16 Cr₹4 Cr
EPS
Profit & Loss (Annual)
MetricMar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Mar 2026Jun 2026
Revenue₹4,104 Cr₹10 Cr₹0 Cr₹7 Cr₹12 Cr₹5 Cr₹3,115 Cr₹0 Cr
EBITDA₹154 Cr₹1 Cr₹-1 Cr₹0 Cr₹5 Cr₹-5 Cr₹47 Cr₹-1 Cr
Net Profit₹114 Cr₹1 Cr₹-1 Cr₹0 Cr₹4 Cr₹-4 Cr₹20 Cr₹-1 Cr
EPS42.367.35
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹2,978 Cr₹3,295 Cr₹3,286 Cr₹4,001 Cr₹4,121 Cr₹4,183 Cr₹3,837 Cr₹4,716 Cr
Total Liabilities₹1,281 Cr₹1,406 Cr₹1,312 Cr₹1,890 Cr₹1,817 Cr₹1,673 Cr₹1,171 Cr₹1,852 Cr
Equity₹1,697 Cr₹1,889 Cr₹1,974 Cr₹2,111 Cr₹2,304 Cr₹2,510 Cr₹2,665 Cr₹2,864 Cr
Total Debt
Cash Flow
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹229 Cr₹148 Cr₹145 Cr₹121 Cr₹82 Cr₹57 Cr₹42 Cr₹-232 Cr
Investing₹-77 Cr₹-71 Cr₹-10 Cr₹27 Cr₹-3 Cr₹-32 Cr₹19 Cr₹-1 Cr
Financing₹-133 Cr₹-87 Cr₹-130 Cr₹-148 Cr₹-76 Cr₹-13 Cr₹-39 Cr₹210 Cr
Free Cash Flow₹229 Cr₹148 Cr₹145 Cr₹121 Cr₹82 Cr₹57 Cr₹42 Cr₹-232 Cr
Shareholding
Promoter 55.01% Institutions 9.7% Public 35.3%
Efficiency & Working Capital
ROCE1.3%
Interest Coverage1.7
Dividend Payout
Debtor Days246 d
Inventory Days5 d
Payable Days135 d
Cash Conversion Cycle116 d
Working Capital Days251 d
Shareholding Details

As of 2026-06-30

Promoter55%
FII9.7%
DII0%
Institutions9.7%
Public35.3%
Promoter Pledge0%
No. of Shareholders6,631
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters55%55%55%55%55%55%55%55%55%55%55%55%
FIIs9.9%9.7%9.7%9.7%9.7%9.7%9.7%9.7%9.7%9.7%9.7%9.7%
DIIs0%0%0%0%0%0.1%0.1%0.1%0.1%0.1%0%0%
Public35.1%35.3%35.3%35.3%35.3%35.2%35.2%35.2%35.2%35.2%35.3%35.3%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders3,0693,1423,2483,9484,6645,6666,4206,8296,5636,7246,6836,631
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603
Major Shareholders (>1%)
NameCategoryStakeShares
Swan Energy LtdShareholding of Promoter and Promoter Group55%1.47 Cr
Onix Assets LimitedPublic Shareholding11.2%30,00,000
Latitude Consultants LimitedPublic Shareholding9.7%26,00,000
Niti Nitinkumar DidwaniaPublic Shareholding5.8%15,46,585
Aventia Global LimitedPublic Shareholding3.7%10,00,000
Groupe Veritas LimitedPublic Shareholding2.6%6,94,762
Gunjan JainPublic Shareholding1.6%4,39,100
Board of Directors
NameDesignationYear
Paresh V MerchantExecutive Director & MD2025
Rohinton ShroffIndependent Non Exe. Director2025
Bhagyashri DixitIndependent Non Exe. Director2025
Arun S AgarwalExecutive Director2025
Virat DantwalaExecutive Director2025
Usha RamsinghaniCompany Sec. & Compli. Officer2025
Jayaramakrishnan KannanIndependent Director2025
Segments — Product
SegmentRevenueShare
Trading,Distribution & Development₹245 Cr99.9%
Wind Power Generation₹0 Cr0.1%
Segments — Geography
RegionRevenueShare
Domestic₹246 Cr100%
Overseas₹0 Cr0%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹11033
Corporate Actions
TypeDateValueRemark
dividend2026-08-28₹0.05 (5%)Final
forthcoming2026-08-28Dividend
forthcoming2026-08-12Board Meetings
dividend2025-09-19₹0.05 (5%)Final
forthcomingBook ClosureAGM & 5% Final Dividend
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202675700018904
20267570006892
202600001212
Substantial Acquisitions (SAST)

6 disclosure(s)

Market30/09/2022 · 8,50,000
Market30/09/2022 · 8,50,000
Market23/09/2022 · 8,60,000
Market23/09/2022 · 8,60,000
Market20/09/2022 · 9,01,250
Market20/09/2022 · 9,01,250
Company Information
Incorporated1985
AuditorShabbir and Rita Associates LLP
Investor Email[email protected]
🌐 www.veritasindia.net

📍 Vakhil House 18 Sprott Road, Ballard Estate Fort, Mumbai, Maharashtra, 400001

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