Veritas (India) Limited

Chemicals · Chemicals & Petrochemicals

BSE: 512229
₹151.15
Sept. 30, 2026 · BSE · bse_bhavcopy

Peers in Chemicals & Petrochemicals

The largest companies in the same industry by market cap. This company ranks #117 of 221. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

CompanyMarket cap (₹ Cr)PE (TTM)ROE1Y returnDiv. yieldQualityValuationMomentum
Solar Industries India Limited 178,265 137.1 26.5% 47.3% — 95 7 50
Pidilite Industries Limited 149,114 58.1 22.4% -0.7% 0.78% 91 0 27
SRF Limited 73,291 38.7 13.1% -14.9% 0.40% 73 8 14
Linde India Limited 53,925 98.3 12.9% 0.9% 0.06% 74 0 50
Gujarat Fluorochemicals Limited 48,392 69.5 7.3% 18.6% 0.07% 75 0 30
Navin Fluorine International Limited 42,290 74.7 16.7% 78.1% — 83 33 48
Himadri Speciality Chemical Limited 34,198 43.0 15.9% 51.2% 0.12% 84 25 67
Aether Industries Limited 22,552 123.9 8.9% 125.9% — 81 0 85
Veritas (India) Limited (this stock) 405 — 4.0% -83.9% — 57 100 38

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value
₹435 Cr
EV / EBITDA
Data unavailable.
EV / Sales
18.37x
Market cap / Sales
17.12x
Earnings yield
Data unavailable.

Quarterly Financials

↓ Negative
Quarterly Revenue

Jun 2026 quarterly revenue is Rs 1 Cr, down 21.6% YoY.

Period endRevenue (₹ Cr)PBT (₹ Cr)Net profit (₹ Cr)Basic EPS
June 30, 2026 1 -1 — ₹-0.2600
March 31, 2026 4 -5 — ₹-1.6100
Dec. 31, 2025 12 5 4 ₹1.5200
Sept. 30, 2025 7 0 — ₹0.0100
June 30, 2025 1 -1 — ₹-0.2000
March 31, 2025 10 1 — ₹0.2500
Dec. 31, 2024 109 2 1 ₹0.5300
Sept. 30, 2024 142 2 1 ₹0.4400
June 30, 2024 62 1 1 ₹0.3900
March 31, 2024 15 1 1 ₹0.3800
Dec. 31, 2023 77 1 1 ₹0.3500
Sept. 30, 2023 92 1 1 ₹0.3100
June 30, 2023 61 1 1 ₹0.3700

Quarterly income statement (standalone, ₹ Cr)

IndicatorJun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23
Total income (before exceptional items)151371111091436216779362
Operating revenue041270101091426215779261
Other income1010100000011
Operating expenses21087291071416114769258
Operating profit-2-54-0-212111103
Operating profit margin—-117.7%34.7%-1.9%—10.4%1.4%1.0%0.9%6.6%1.5%0.4%4.4%
Depreciation0000000000002
Interest0000010000000
Exceptional items, gain / (loss)—————————————
Profit before tax-1-550-112211111
Tax-0-110-0-000-00100
Net profit——4———1111111
EPS-0.26-1.611.520.01-0.200.250.530.440.390.380.350.310.37
Net profit (TTM)——————5444335
EPS (TTM)-0.34-0.281.580.591.021.611.741.561.431.411.061.271.69

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

IndicatorCAGR 3YCAGR 5YMar 26Mar 25Mar 24Mar 23Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17
Total income (before exceptional items) -52.0% -43.0% 26†325†248†235†356†431†550†625†530†539†
Operating revenue -53.0% -43.8% 24†323†245†228†354†423†543†612†525†534†
Other income — — 2†1†2†7†3†8†7†13†5†5†
Operating expenses — — 27†318†240†230†349†422†540†608†517†525†
Operating profit — — -3†5†5†-2†5†0†3†3†8†9†
Operating profit margin — — -12.1%†1.4%†2.1%†-0.8%†1.5%†0.1%†0.5%†0.5%†1.5%†1.8%†
Depreciation — — 0†0†3†0†0†0†0†1†1†1†
Interest — — 0†1†0†0†0†0†0†3†2†2†
Exceptional items, gain / (loss) — — 0†0†0†0†0†0†0†0†0†0†
Profit before tax — — -1†5†5†5†7†8†9†13†10†10†
Tax — — -0†0†1†1†1†1†0†3†3†2†
Net profit — — ——4†4†6†7†8†10†6†8†
EPS — — -0.28†1.61†1.41†1.48†2.32†2.53†3.14†———

† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

RatioMar 26Mar 25Mar 24Mar 23Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17
Operating margin-12.1%†1.4%†2.1%†-0.8%†1.5%†0.1%†0.5%†0.5%†1.5%†1.8%†
EBIT margin-3.2%†1.8%†2.0%†2.2%†2.2%†2.0%†1.7%†2.6%†2.3%†2.2%†
PBT margin-3.4%†1.5%†2.0%†2.1%†2.1%†1.9%†1.6%†2.1%†1.8%†1.8%†
Net margin——1.5%†1.7%†1.8%†1.6%†1.6%†1.6%†1.2%†1.5%†
Interest coverage-16.47x†4.85x†33.64x†16.35x†23.72x†33.39x†24.67x†5.12x†4.89x†5.32x†
Dividend payout——————————
Earnings retention——————————
Current ratio0.65x0.74x————————
Quick ratio0.31x0.31x————————
Debt to equity0.15x0.07x————————
Return on equity——————————
Return on assets——————————
Return on capital employed-0.2%†1.5%†————————
Asset turnover0.05x†0.66x†————————

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year endedOperating (₹ Cr)Investing (₹ Cr)Financing (₹ Cr)Capex (₹ Cr)Free Cash Flow (₹ Cr)
March 31, 2026 -233 -1 210 0 -233
March 31, 2025 29 19 -27 4 25

Balance Sheet (standalone)

Year endedTotal Assets (₹ Cr)Total Equity (₹ Cr)Reserves (₹ Cr)Borrowings, Current (₹ Cr)Borrowings, Non-current (₹ Cr)Current Assets (₹ Cr)Current Liabilities (₹ Cr)Cash & Equivalents (₹ Cr)Net Block (₹ Cr)Inventory (₹ Cr)
March 31, 2026 503 196 193 30 0 79 122 1 1 41
March 31, 2025 491 197 194 14 0 71 97 0 1 41

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.