Veritas (India) Limited (BOM:512229)

Veritas (India) Statistics

Total Valuation

Veritas (India) has a market cap or net worth of INR 4.50 billion. The enterprise value is 8.51 billion.

Market Cap	4.50B
Enterprise Value	8.51B

Important Dates

The last earnings date was Thursday, May 28, 2026.

Earnings Date	May 28, 2026
Ex-Dividend Date	Aug 28, 2026

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)	+0.04%
Owned by Insiders (%)	9.04%
Owned by Institutions (%)	n/a
Float	2.05M

Valuation Ratios

The trailing PE ratio is 22.82.

PE Ratio	22.82
Forward PE	n/a
PS Ratio	0.14
PB Ratio	0.16
P/TBV Ratio	0.16
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.66, with an EV/FCF ratio of -3.66.

EV / Earnings	43.22
EV / Sales	0.27
EV / EBITDA	9.66
EV / EBIT	18.18
EV / FCF	-3.66

Financial Position

The company has a current ratio of 1.45, with a Debt / Equity ratio of 0.15.

Current Ratio	1.45
Quick Ratio	1.39
Debt / Equity	0.15
Debt / EBITDA	4.88
Debt / FCF	-1.85
Interest Coverage	1.72

Financial Efficiency

Return on equity (ROE) is 0.71% and return on invested capital (ROIC) is 1.50%.

Return on Equity (ROE)	0.71%
Return on Assets (ROA)	0.68%
Return on Invested Capital (ROIC)	1.50%
Return on Capital Employed (ROCE)	1.47%
Weighted Average Cost of Capital (WACC)	7.31%
Revenue Per Employee	3.46B
Profits Per Employee	21.89M
Employee Count	9
Asset Turnover	0.73
Inventory Turnover	71.24

Taxes

Income Tax	-664,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -58.71% in the last 52 weeks. The beta is 0.96, so Veritas (India)'s price volatility has been similar to the market average.

Beta (5Y)	0.96
52-Week Price Change	-58.71%
50-Day Moving Average	163.19
200-Day Moving Average	233.03
Relative Strength Index (RSI)	49.81
Average Volume (20 Days)	10,120

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 31.15 billion and earned 197.02 million in profits. Earnings per share was 7.35.

Revenue	31.15B
Gross Profit	1.45B
Operating Income	468.27M
Pretax Income	196.35M
Net Income	197.02M
EBITDA	881.53M
EBIT	468.27M
Earnings Per Share (EPS)	7.35

Balance Sheet

The company has 280.25 million in cash and 4.30 billion in debt, with a net cash position of -4.02 billion or -149.90 per share.

Cash & Cash Equivalents	280.25M
Total Debt	4.30B
Net Cash	-4.02B
Net Cash Per Share	-149.90
Equity (Book Value)	28.64B
Book Value Per Share	1,068.33
Working Capital	6.88B

Cash Flow

In the last 12 months, operating cash flow was -2.33 billion and capital expenditures -2.54 million, giving a free cash flow of -2.33 billion.

Operating Cash Flow	-2.33B
Capital Expenditures	-2.54M
Depreciation & Amortization	413.27M
Net Borrowing	2.37B
Free Cash Flow	-2.33B
FCF Per Share	-86.88

Margins

Gross margin is 4.66%, with operating and profit margins of 1.50% and 0.63%.

Gross Margin	4.66%
Operating Margin	1.50%
Pretax Margin	0.63%
Profit Margin	0.63%
EBITDA Margin	2.83%
EBIT Margin	1.50%
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	0.68%
Buyback Yield	0.02%
Shareholder Yield	0.05%
Earnings Yield	4.38%
FCF Yield	-51.81%

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