Veritas (India) Limited (BOM:512229)

Veritas (India) Statistics

Total Valuation

Veritas (India) has a market cap or net worth of INR 5.26 billion. The enterprise value is 7.56 billion.

Market Cap	5.26B
Enterprise Value	7.56B

Important Dates

The last earnings date was Thursday, November 13, 2025.

Earnings Date	Nov 13, 2025
Ex-Dividend Date	Sep 19, 2025

Share Statistics

Veritas (India) has 26.81 million shares outstanding. The number of shares has decreased by -0.02% in one year.

Current Share Class	26.81M
Shares Outstanding	26.81M
Shares Change (YoY)	-0.02%
Shares Change (QoQ)	+1.30%
Owned by Insiders (%)	9.04%
Owned by Institutions (%)	n/a
Float	1.96M

Valuation Ratios

The trailing PE ratio is 9.82.

PE Ratio	9.82
Forward PE	n/a
PS Ratio	0.13
PB Ratio	0.19
P/TBV Ratio	0.19
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.81, with an EV/FCF ratio of -4.40.

EV / Earnings	14.12
EV / Sales	0.19
EV / EBITDA	5.81
EV / EBIT	8.41
EV / FCF	-4.40

Financial Position

The company has a current ratio of 1.56, with a Debt / Equity ratio of 0.09.

Current Ratio	1.56
Quick Ratio	1.50
Debt / Equity	0.09
Debt / EBITDA	1.99
Debt / FCF	-1.50
Interest Coverage	7.41

Financial Efficiency

Return on equity (ROE) is 2.00% and return on invested capital (ROIC) is 1.89%.

Return on Equity (ROE)	2.00%
Return on Assets (ROA)	1.28%
Return on Invested Capital (ROIC)	1.89%
Return on Capital Employed (ROCE)	2.89%
Revenue Per Employee	4.47B
Profits Per Employee	59.52M
Employee Count	9
Asset Turnover	0.91
Inventory Turnover	92.32

Taxes

In the past 12 months, Veritas (India) has paid 2.04 million in taxes.

Income Tax	2.04M
Effective Tax Rate	0.38%

Stock Price Statistics

The stock price has decreased by -78.60% in the last 52 weeks. The beta is 1.02, so Veritas (India)'s price volatility has been similar to the market average.

Beta (5Y)	1.02
52-Week Price Change	-78.60%
50-Day Moving Average	281.52
200-Day Moving Average	370.85
Relative Strength Index (RSI)	4.58
Average Volume (20 Days)	18,751

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Veritas (India) had revenue of INR 40.21 billion and earned 535.72 million in profits. Earnings per share was 19.98.

Revenue	40.21B
Gross Profit	1.76B
Operating Income	899.50M
Pretax Income	537.77M
Net Income	535.72M
EBITDA	1.23B
EBIT	899.50M
Earnings Per Share (EPS)	19.98

Balance Sheet

The company has 283.26 million in cash and 2.58 billion in debt, giving a net cash position of -2.30 billion or -85.79 per share.

Cash & Cash Equivalents	283.26M
Total Debt	2.58B
Net Cash	-2.30B
Net Cash Per Share	-85.79
Equity (Book Value)	27.54B
Book Value Per Share	1,014.24
Working Capital	6.69B

Cash Flow

In the last 12 months, operating cash flow was -1.71 billion and capital expenditures -7.55 million, giving a free cash flow of -1.72 billion.

Operating Cash Flow	-1.71B
Capital Expenditures	-7.55M
Free Cash Flow	-1.72B
FCF Per Share	-64.16

Margins

Gross margin is 4.39%, with operating and profit margins of 2.24% and 1.33%.

Gross Margin	4.39%
Operating Margin	2.24%
Pretax Margin	1.34%
Profit Margin	1.33%
EBITDA Margin	3.06%
EBIT Margin	2.24%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.05, which amounts to a dividend yield of 0.03%.

Dividend Per Share	0.05
Dividend Yield	0.03%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	0.02%
Shareholder Yield	0.05%
Earnings Yield	10.18%
FCF Yield	-32.69%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 28, 2010. It was a forward split with a ratio of 10.

Last Split Date	Jun 28, 2010
Split Type	Forward
Split Ratio	10

Scores

Altman Z-Score	n/a
Piotroski F-Score	2