Veritas India Ltd Stock Price Today (NSE: VERITAS)

Veritas India Ltd

171.90+3.10 (+1.84%)
Market Closed

Fundamental Score

...

Veritas India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Veritas India Ltd share price today is 171.90, up +1.84% on NSE/BSE as of 17 June 2026. Veritas India Ltd (VERITAS) is a Small-cap company in the Trading & Distributors sector with a market capitalisation of 565.29 (Cr). The 52-week high for VERITAS share price is 403.85 and the 52-week low is 132.20. At a P/E ratio of 10.55x, VERITAS is currently trading below its industry average P/E of 35.45x. The company has a Return on Equity (ROE) of 4.39% and a debt-to-equity ratio of 0.09.

Veritas India Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
192.05
Low
157.05
Volume
11.2K
Change
-5.50%

Veritas India Ltd share price chart: -5.50% return over the past month. 52-week high ₹403.85, 52-week low ₹132.20.

Veritas India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
171.00171.10171.00171.109.14K (Cr)
167.65167.75166.45167.751.14K (Cr)
164.10164.50162.50164.5010.09K (Cr)
163.00163.90161.00161.306.11K (Cr)
162.80162.80158.25160.704.93K (Cr)
162.50163.00157.05161.153.66K (Cr)
159.00164.60159.00160.053.37K (Cr)
161.60166.20161.60162.053.34K (Cr)
168.00168.30164.85164.855.12K (Cr)
169.90169.90163.50168.204.23K (Cr)

Veritas India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
181.00190.45157.05171.10-5.47%
134.85192.05132.20184.55+36.86%
173.00173.00134.85134.85-22.05%
177.05187.00168.20173.20-2.17%
170.60196.15167.45177.05+3.78%
218.10218.15164.05170.60-21.78%
290.00290.00211.60213.90-26.24%
347.15347.15289.20289.80-16.52%
377.80379.25346.65346.65-8.25%
390.90393.00364.25372.20-4.78%
398.90403.85371.70384.50-3.61%
366.20393.45353.55391.20+6.83%

Returns & Performance

Poor

Return on Equity (ROE)

4.39%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

5.35%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

6.05%

Average operating profit margin over 5 years

Dividend Yield

0.02%

Annual dividend as % of current share price

Veritas India Ltd Valuation Check

Excellent

Price to Earnings (P/E)

10.55x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

35.45x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

55.01%

% shares held by company founders/management

Average

FII Holding

9.70%

% shares held by foreign institutional investors

Poor

DII Holding

0.14%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-98.36%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

9.93%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

15.01%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-1.57%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-1.57%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.09x

Total debt ÷ equity. Below 0.5 = financially healthy

Good

Interest Coverage Ratio

2.92x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

401.76 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Veritas India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of VERITAS across key market metrics for learning purposes.

Positive Indicators

6 factors identified

Attractive Valuation (P/E: 10.55 vs Industry: 35.45)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Consistent Growth Track Record (15.01% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Conservative Debt Levels (D/E: 0.09)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Cash Generation (₹401.76 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (55.01%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (4.39%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (5.35%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Profit Decline Concern (-98.36%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Weak Earnings Growth (-1.57% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-1.57% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Limited Institutional Interest (FII+DII: 9.84%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Veritas India Ltd vs Trading & Distributors Peers

Peer Comparison - Trading & Distributors

Compare Veritas India Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
37.3/100
172
₹565.29
10.6
Average
4.39%
Poor
5.35%
Poor
0.1
Excellent
-1.57%
Poor
15.01%
Excellent
0.02%
Redington Ltd...
REDINGTON532805
58.5/100
223
₹22049.92
16.1
Average
14.39%
Average
18.90%
Good
0.3
Excellent
17.72%
Excellent
14.06%
Good
2.41%
MMTC Ltd...
MMTC513377
32.1/100
66
₹8949.04
127.3
Average
5.87%
Poor
7.70%
Poor
0.0
Excellent
19.08%
Excellent
-86.52%
Poor
0.00%
MSTC Ltd...
MSTCLTD542597
63.7/100
439
₹3458.41
15.7
Average
28.37%
Excellent
29.26%
Excellent
0.2
Excellent
15.18%
Excellent
-24.06%
Poor
8.24%
24.7/100
405
₹3333.57
49.5
Average
26.05%
Excellent
27.44%
Excellent
0.2
Excellent
0.00%
11.1/100
154
₹2132.64
35.5
Average
17.05%
Good
15.42%
Good
0.2
Excellent
0.06%
34.8/100
379
₹1813.06
38.4
Average
9.28%
Poor
11.83%
Average
0.1
Excellent
0.00%
66.6/100
637
₹1297.46
519.0
Average
87.02%
Excellent
82.72%
Excellent
0.0
Excellent
158.76%
Excellent
66.77%
Excellent
0.00%
41.9/100
19
₹1111.34
402.7
Average
1.24%
Poor
2.46%
Poor
0.1
Excellent
61.76%
Excellent
35.83%
Excellent
0.00%
32.3/100
30300
₹1021.99
11.7
Average
9.31%
Poor
9.39%
Poor
0.0
Excellent
10.82%
Good
4.86%
Average
1.50%
62.3/100
46
₹811.32
6.4
Average
12.62%
Average
16.29%
Good
0.0
Excellent
28.35%
Excellent
61.75%
Excellent
0.00%

Veritas India Ltd PE Ratio History

Historical price-to-earnings ratio for VERITAS — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202469.69₹866.8012.4x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Veritas India Ltd Dividend History

Annual cash dividends paid by VERITAS — dividend yield 0.02%

Financial YearDividends Paid (₹ Cr)
FY 20250.13 Cr
FY 20240.13 Cr
FY 20230.13 Cr
FY 20220.13 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Veritas India Ltd Quarterly Performance

Latest quarterly metrics for VERITAS — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

9.93%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-98.36%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

15.01%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-1.57%

Compounded annual net profit growth over 5 years

Veritas India Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for VERITAS — calculated from daily price history

39RSI 14
Neutral — RSI 39

Momentum is balanced — neither overbought nor oversold.

SMA 50
163
▲ Price above SMA 50 — Short-term bullish
SMA 200
235
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
14K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Veritas India Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Veritas India Ltd (VERITAS) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Veritas India Ltd

About VERITAS (Veritas India Ltd)

Veritas India Ltd is a multifaceted entity deeply entrenched in the trading and distribution sector, operating across a wide spectrum of industries. The company acts as a crucial l...ink in the supply chain, sourcing and delivering essential materials to various manufacturing and processing units. Its core business revolves around the strategic acquisition and distribution of vital inputs, ensuring a steady flow of resources to support the operational needs of diverse sectors. By connecting producers with end-users, Veritas plays a significant role in facilitating efficient production cycles and contributing to the overall economic activity in the regions it serves. Veritas's operations are strategically organized into distinct divisions, enabling focused expertise and efficient resource allocation. The company's distribution network is designed to handle a diverse range of products, from raw materials to specialized chemicals. This segmented approach allows Veritas to tailor its services to meet the specific requirements of each sector, providing customized solutions and ensuring timely delivery. Furthermore, Veritas invests in logistical infrastructure and technological advancements to optimize its distribution processes, enhancing efficiency and minimizing disruptions. Through continuous improvement and adaptation, Veritas maintains a competitive edge in the ever-evolving trading and distribution landscape. Beyond its core trading activities, Veritas India Ltd demonstrates a commitment to sustainable growth and diversification. The company actively explores opportunities to expand its product portfolio and enter new markets, adapting to changing demands and emerging trends. By forging strong partnerships with suppliers and customers, Veritas fosters collaborative relationships built on trust and mutual benefit. Its dedication to ethical business practices and responsible sourcing further enhances its reputation as a reliable and respected player in the industry. Veritas's long-term vision involves continuous innovation and expansion, contributing to the growth of the Indian economy and creating value for its stakeholders.

Company Details

Symbol:VERITAS
Industry:Trading & Distributors
Sector:Trading & Distributors

Key Leadership

Mr. Paresh Vasantlal Merchant
MD & Director
Mr. Amit A. Chavan
Company Secretary & Compliance Officer
Mr. Arun Satyanarain Agarwal
Executive Director

VERITAS Share Price: Frequently Asked Questions

What is the current share price of Veritas India Ltd?

Veritas India Ltd (VERITAS) trades at ₹171.90 on NSE and BSE. Market cap ₹565.29 (Cr). Educational data only.

What is the P/E ratio of Veritas India Ltd?

Veritas India Ltd has a P/E of 10.55x vs industry average 35.45x.

What is the Bull Run score for Veritas India Ltd?

Veritas India Ltd has a Bull Run score of 37.3/100 based on 25+ financial parameters.

Does Veritas India Ltd pay dividends?

Veritas India Ltd has a dividend yield of 0.02%. Past dividends don't guarantee future payments.

What is the ROE of Veritas India Ltd?

Veritas India Ltd has ROE of 4.39%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Veritas India Ltd?

Veritas India Ltd has debt-to-equity of 0.09.

Is Veritas India Ltd a good investment?

Bull Run gives Veritas India Ltd a score of 37.3/100. This is not investment advice — consult a SEBI-registered advisor.