Veritas (India) Limited

Chemicals · Chemicals & Petrochemicals

BSE: 512229
₹151.15
▲ 2.95 (1.99%)
Sept. 30, 2026 · BSE · bse_bhavcopy
Quality
57/100
Moderate
Valuation
100/100
Undervalued
Momentum
38/100
Neutral

QVM read Cheap on its own multiples Quality Moderate, Valuation Undervalued, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

Key Metrics

Market Capitalization
₹405 Cr
PE (TTM)
Data unavailable.
Price to Book
0.1
PEG (TTM)
Data unavailable (needs 8 quarters of EPS).
Institutions holding %
Data unavailable.
Piotroski Score
Data unavailable.
Relative return vs Nifty50, qtr %
Data unavailable.
Relative return vs Sector, qtr %
-81.8
Free Cash Flow
₹-233 Cr
as of March 31, 2026
Industry median ₹-0 Cr (238 companies)
EPS Growth (YoY)
-30.00%
as of June 30, 2026
Industry median 39.08% (220 companies)
Net Profit Growth (TTM)
65.63%
as of June 30, 2026
Industry median 13.45% (212 companies)
Operating Revenue Growth (TTM)
-89.52%
as of June 30, 2026
Industry median 7.93% (209 companies)
Profit Growth (YoY)
185.71%
as of Dec. 31, 2025
Industry median 23.11% (213 companies)
Revenue Growth (YoY)
-55.87%
as of March 31, 2026
Industry median 17.49% (205 companies)
Current Ratio
1.45
as of March 31, 2026
Industry median 1.87 (237 companies)
Debt to Equity
0.15
as of March 31, 2026
Industry median 0.16 (224 companies)
Interest Coverage
-19.58
as of June 30, 2026
Industry median 8.97 (221 companies)
Net Margin
33.18%
as of Dec. 31, 2025
Industry median 7.49% (212 companies)
Operating Margin (EBIT)
-113.41%
as of March 31, 2026
Industry median 11.88% (214 companies)
Operating Margin (TTM)
-2.69%
as of June 30, 2026
Industry median 9.75% (219 companies)
Return on Assets
1.54%
as of March 31, 2026
Industry median 4.33% (217 companies)
Return on Capital Employed
-0.20%
as of March 31, 2026
Industry median 10.34% (218 companies)
Return on Equity
3.95%
as of March 31, 2026
Industry median 7.52% (219 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

1 of 6 met
  • No Revenue is higher than a year earlier in each of the last 4 quarters
  • No Quality score is Strong (70 or more)
  • Yes Debt to equity is below 0.5 (0.15)
  • No Return on equity is 15% or more (4.0%)
  • No Net cash flow for the latest year is positive
  • No Cash from operations is higher than the year before

Ownership

2 of 3 met
  • No FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)

Peer comparison

1 of 3 met
  • No 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • Yes Profit growth beats the industry median

Value and momentum

2 of 5 met
  • Yes Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • Yes Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs SENSEX)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
2.0%
Low 148.2000 · High 151.1500
1W return
-2.8%
Low 148.2000 · High 158.4000
1M return
-7.3%
Low 148.2000 · High 168.1500
52W return
-83.9%
Low 148.2000 · High 177.3000
Lifetime High ₹8094.4000 (May 7, 2010)
Lifetime Low ₹24.4000 (March 19, 2013)

Full price history and technicals →

EMA & SMA

Bullish0
Bearish6
5D
151.9
10D
154.9
20D
178.9
50D
384.8
100D
586.3
200D
731.7

Delivery and volume

Day avg. delivery
100.0%
Week avg. delivery
100.0%
Month avg. delivery
100.0%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

150.17
Pivot
First resistance152.13
Second resistance153.12
Third resistance155.08
First support149.18
Second support147.22
Third support146.23
Day RSI15.2
Day MFI32.7
Day MACD-55.00
Day MACD signal-75.15

Beta

1M-0.31
3M-0.44
1Y-0.44
3Y0.24

Price change analysis

↓ -7.3%
Over 1 Month
LowHigh
148.20168.15
↓ -83.9%
Over 3 Months
LowHigh
148.20177.30
↓ -83.9%
Over 6 Months
LowHigh
148.20177.30
↓ -83.9%
Over 1 Year
LowHigh
148.20177.30
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →

Data unavailable (needs at least 2 historical quarters with both a filed EPS and a matching trading day).

Revenue (June 30, 2026)
₹1 Cr
Net profit (June 30, 2026)
₹— Cr
Basic EPS (June 30, 2026)
₹-0.2600

Ranks #117 of 221 in Chemicals & Petrochemicals by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter55.01%
  • FII/FPI9.70%

Largest holders

NameCategoryShares %Shares
SWAN ENERGY LTDPromoter55.0100%14747161
ONIX ASSETS LIMITEDPublic11.1900%3000000
LATITUDE CONSULTANTS LIMITEDPublic9.7000%2600000
NITI NITINKUMAR DIDWANIAPublic5.7700%1546585
AVENTIA GLOBAL LIMITEDPublic3.7300%1000000

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 55.01% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings were unchanged at 9.70% in Jun 2026 qtr

All shareholding details →

DateClientDealActionQuantityPriceExchange
11 Dec 2023 SURYAKANCHAN VINIMAY PRIVATE LIMITED Bulk Sell 249,013 415.1400 BSE
13 Jan 2023 SWAN ENERGY LIMITED Block Buy 815,000 243.7000 BSE
13 Jan 2023 NITI NITINKUMAR DIDWANIA Block Sell 815,000 243.7000 BSE
13 Jan 2023 NITI NITINKUMAR DIDWANIA Bulk Sell 815,000 243.7000 BSE
13 Jan 2023 SWAN ENERGY LIMITED Bulk Buy 815,000 243.7000 BSE
26 Dec 2022 SWAN ENERGY LIMITED Block Buy 1,110,000 179.5500 BSE
26 Dec 2022 NITI NITINKUMAR DIDWANIA Block Sell 1,110,000 179.5500 BSE
26 Dec 2022 NITI NITINKUMAR DIDWANIA Bulk Sell 1,110,000 179.5500 BSE
26 Dec 2022 SWAN ENERGY LIMITED Bulk Buy 1,110,000 179.5500 BSE
6 Dec 2022 NITI NITINKUMAR DIDWANIA Block Sell 660,000 152.1500 BSE

All bulk and block deals →

Corporate Actions

Full history (1 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
—NAME_CHANGEName changed from Duroflex Engineering Ltd. to Veritas (India) Limited

All corporate actions →

Corporate Announcements

All 1 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
25 Sep 2026 Insider Trading / SAST Veritas (India) Ltd - 512229 - Closure of Trading Window

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Strong net profit margin (33.2%)
  • Low financial leverage (Debt/Equity 0.15)

Weaknesses

  • Low Return on Equity (4.0%)
  • Declining revenue YoY (-55.9%)

Opportunities

  • Trading below book value (PB 0.14)
  • RSI in oversold territory (15.2) -- a technical rebound zone

Threats

  • Down 83.9% over the past year
  • Weak interest coverage (-19.6x) -- limited cushion against rising rates

Data unavailable (no single-stock futures or options activity on record for this company).

Frequently asked questions about Veritas (India) Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.