Veritas (India)

{
  "main_header": {
    "sid": 196855,
    "name": "Veritas (India)",
    "stock_name": "Veritas (India)",
    "full_name": "Veritas (India) Ltd",
    "name_url": "stocks-analysis/veritas-india",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "183.90",
    "chg": 3.6,
    "chgp": "2.0%",
    "dir": 1,
    "prev_price": "180.30",
    "mcapval": "493.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 512229,
    "symbol": "",
    "ind_name": "Trading & Distributors",
    "ind_code": 49,
    "indexname": "",
    "isin": "INE379J01029",
    "curr_date": "Feb 06",
    "curr_time": "",
    "bse_nse_vol": "9.64 k",
    "exc_status": "Active",
    "traded_date": "Feb 06, 2026",
    "traded_date_str": "2026 02 06",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/veritas-india-196855-0&utm_source=Spage_Header_Score",
    "mojoone": {
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  },
  "news": {
    "results": [
      {
        "title": "Why is Veritas (India) Ltd falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-veritas-india-ltd-fallingrising-3825407",
        "imagepath": "",
        "date": "2026-02-07 00:41:22",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Short-Term Performance Outshines Market</strong></p>\n<p>Veritas (India) Ltd has demonstrated robust short-term returns, with a one-week gain of 3.87%, significantly outperforming the Sensex’s 1.59% rise over the same period. This upward trend extends to the one-month horizon, where the stock has appreciated by 3.66%, contrasting with the Sensex’s decline of 1.74%. Year-to-date, the stock has surged 7.80%, while the benchmark index has fallen by 1.92%. These figures underscore a strong relative performance, suggesting investor confidence in the company’s near-term prospects despite broader market headwinds.</p>\n<p><strong>Price Action and Technical Indicators</strong></p>\n<p>On the day in question, Veritas opened with a gap up of 2%, signalling early buying interest. The stock maintained this..."
      },
      {
        "title": "Are Veritas (India) Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-veritas-india-ltd-latest-results-good-or-bad-3824780",
        "imagepath": "",
        "date": "2026-02-06 19:20:41",
        "description": "Veritas (India) Ltd's latest financial results for Q2 FY26 present a complex picture. The company reported net sales of ₹1,006.40 crores, reflecting a significant quarter-on-quarter growth of 71.55%. However, this growth is overshadowed by a drastic decline in net profit, which fell to ₹0.60 crores, marking a 97.52% reduction from the previous quarter. The operating margin also faced considerable compression, dropping to 1.55% from 6.11% in the prior quarter, indicating challenges in maintaining profitability despite higher sales.\n\nThe year-on-year comparison reveals a concerning trend, with net profit plummeting 98.36% from ₹36.66 crores in Q2 FY25, while net sales only grew by 9.93%. The profit after tax (PAT) margin has contracted sharply, suggesting that the company's revenue growth has not translated into sustainable profitability. \n\nOperationally, the company appears to be facing significant competiti..."
      },
      {
        "title": "Veritas (India) Q2 FY26: Profit Plunges 98% as Trading Margins Collapse",
        "link": "https://www.marketsmojo.com/news/result-analysis/veritas-india-q2-fy26-profit-plunges-98-as-trading-margins-collapse-3823911",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/VeritasIndia_quaterlyResult_3823911.png",
        "date": "2026-02-05 21:15:58",
        "description": "Veritas (India) Ltd., the Mumbai-based trading and distribution firm specialising in chemicals and petrochemicals, has delivered a dismal second-quarter performance for FY2026, with net profit collapsing 97.52% quarter-on-quarter to a mere ₹0.60 crores from ₹24.15 crores in Q1 FY26. The year-on-year comparison paints an even grimmer picture, with profit down 98.36% from ₹36.66 crores in Q2 FY25, marking one of the sharpest quarterly declines in the company's recent history."
      },
      {
        "title": "Are Veritas (India) Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-veritas-india-ltd-latest-results-good-or-bad-3822842",
        "imagepath": "",
        "date": "2026-02-05 19:19:02",
        "description": "Veritas (India) Ltd's latest financial results for Q2 FY26 reveal a significant disparity between revenue growth and profitability. The company reported a net profit of ₹0.60 crores, which reflects a substantial decline of 97.52% compared to the previous quarter and a 98.36% drop year-on-year. This sharp reduction in net profit occurred despite a notable revenue increase of 71.55%, bringing total revenue to ₹1,006.40 crores, marking the second-highest quarterly revenue on record for the company.\n\nHowever, the operational margins have faced severe compression. The operating margin fell to 1.55%, down from 6.11% in the previous quarter, indicating a critical deterioration in profitability. Similarly, the profit after tax (PAT) margin plummeted to 0.06%, suggesting that the company is generating minimal profit relative to its sales, which raises concerns about its long-term viability in a competitive market.\n\n..."
      },
      {
        "title": "Veritas (India) Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/veritas-india-ltd-is-rated-strong-sell-3816061",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/VeritasIndiaLtd_mojoScore_3816061.png",
        "date": "2026-02-02 10:11:05",
        "description": "Veritas (India) Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 19 January 2026. However, the analysis and financial metrics presented here reflect the stock’s current position as of 02 February 2026, providing investors with the latest insights into the company’s performance and outlook."
      },
      {
        "title": "When is the next results date for Veritas (India) Ltd?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-veritas-india-ltd-3808336",
        "imagepath": "",
        "date": "2026-01-28 23:16:02",
        "description": "The next results date for Veritas (India) Ltd is scheduled for 05 February 2026...."
      },
      {
        "title": "Veritas (India) Ltd Downgraded to Strong Sell Amid Deteriorating Fundamentals and Bearish Technicals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/veritas-india-ltd-downgraded-to-strong-sell-amid-deteriorating-fundamentals-and-bearish-technicals-3795382",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/VeritasIndiaLtd_mojoScore_3795382.png",
        "date": "2026-01-20 08:05:32",
        "description": "Veritas (India) Ltd, a player in the Trading & Distributors sector, has seen its investment rating downgraded from Sell to Strong Sell as of 19 Jan 2026. This shift reflects a confluence of worsening technical indicators, poor financial performance, and valuation concerns, signalling heightened risks for investors amid a challenging market environment."
      },
      {
        "title": "Veritas (India) Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/veritas-india-ltd-is-rated-strong-sell-3780439",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/VeritasIndiaLtd_mojoScore_3780439.png",
        "date": "2026-01-04 10:10:27",
        "description": "Veritas (India) Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 17 Nov 2025, reflecting a reassessment of the stock’s outlook. However, all fundamentals, returns, and financial metrics discussed below are current as of 04 January 2026, providing investors with the latest comprehensive view of the company’s position."
      },
      {
        "title": "Veritas (India) Ltd Stock Falls to 52-Week Low of Rs.164.05",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/veritas-india-ltd-stock-falls-to-52-week-low-of-rs16405-3776262",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/VeritasIndiaLtd_priceRelatedfactors_3776262.png",
        "date": "2025-12-31 11:12:51",
        "description": "Veritas (India) Ltd, a company operating in the Trading & Distributors sector, recorded a fresh 52-week low of Rs.164.05 today, marking a significant decline in its stock price amid ongoing underperformance relative to the broader market and its sector peers."
      }
    ],
    "total": 6033,
    "sid": "196855",
    "stock_news_url": "https://www.marketsmojo.com/news/veritas-india-196855"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Change in Directorate",
      "datetime": "05-Feb-2026",
      "details": "1. Appointment of Mr. Jayaramakrishnan Kannan (DIN: 06551104) as an Additional Director in the category of Non-Executive Independent Director of the Company w.e.f. February 05 2026. 2. Resignation of Mr. Vijay Shah (DIN: 03502649) as Independent Director of the Company w.e.f. February 05 2026.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Change in Management",
      "datetime": "05-Feb-2026",
      "details": "1. Appointment of Mr. Jayaramakrishnan Kannan (DIN: 06551104) as an Additional Director in the category of Non-Executive Independent Director w.e.f. February 05 2026. 2. Appointment of Mr. Narendra Vala as Chief Financial Officer (Key Managerial Personnel) of the Company w.e.f. February 05 2026. 3. Resignation of Mr. Vijay Shah (DIN: 03502649) as Independent Director of the Company w.e.f. February 05 2026.",
      "source": "BSE"
    },
    {
      "caption": "Results-Financial Results For December 31 2025",
      "datetime": "05-Feb-2026",
      "details": "Unaudited Financial Results for the Quarter and Nine Months ended December 31 2025.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Veritas (India) Ltd has declared <strong>5%</strong> dividend, ex-date: 19 Sep 25",
          "dt": "2025-09-19",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Veritas (India) Ltd has announced <strong>1:10</strong> stock split, ex-date: 28 Jun 10",
          "dt": "2010-06-28",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is Veritas (India) Ltd falling/rising?

2026-02-07 00:41:22

Short-Term Performance Outshines Market

Veritas (India) Ltd has demonstrated robust short-term returns, with a one-week gain of 3.87%, significantly outperforming the Sensex’s 1.59% rise over the same period. This upward trend extends to the one-month horizon, where the stock has appreciated by 3.66%, contrasting with the Sensex’s decline of 1.74%. Year-to-date, the stock has surged 7.80%, while the benchmark index has fallen by 1.92%. These figures underscore a strong relative performance, suggesting investor confidence in the company’s near-term prospects despite broader market headwinds.

Price Action and Technical Indicators

On the day in question, Veritas opened with a gap up of 2%, signalling early buying interest. The stock maintained this...

Read full news article

Are Veritas (India) Ltd latest results good or bad?

2026-02-06 19:20:41

Veritas (India) Ltd's latest financial results for Q2 FY26 present a complex picture. The company reported net sales of ₹1,006.40 crores, reflecting a significant quarter-on-quarter growth of 71.55%. However, this growth is overshadowed by a drastic decline in net profit, which fell to ₹0.60 crores, marking a 97.52% reduction from the previous quarter. The operating margin also faced considerable compression, dropping to 1.55% from 6.11% in the prior quarter, indicating challenges in maintaining profitability despite higher sales. The year-on-year comparison reveals a concerning trend, with net profit plummeting 98.36% from ₹36.66 crores in Q2 FY25, while net sales only grew by 9.93%. The profit after tax (PAT) margin has contracted sharply, suggesting that the company's revenue growth has not translated into sustainable profitability. Operationally, the company appears to be facing significant competiti...

Read full news article

Veritas (India) Q2 FY26: Profit Plunges 98% as Trading Margins Collapse

2026-02-05 21:15:58

Veritas (India) Ltd., the Mumbai-based trading and distribution firm specialising in chemicals and petrochemicals, has delivered a dismal second-quarter performance for FY2026, with net profit collapsing 97.52% quarter-on-quarter to a mere ₹0.60 crores from ₹24.15 crores in Q1 FY26. The year-on-year comparison paints an even grimmer picture, with profit down 98.36% from ₹36.66 crores in Q2 FY25, marking one of the sharpest quarterly declines in the company's recent history.

Read full news article

Are Veritas (India) Ltd latest results good or bad?

2026-02-05 19:19:02

Veritas (India) Ltd's latest financial results for Q2 FY26 reveal a significant disparity between revenue growth and profitability. The company reported a net profit of ₹0.60 crores, which reflects a substantial decline of 97.52% compared to the previous quarter and a 98.36% drop year-on-year. This sharp reduction in net profit occurred despite a notable revenue increase of 71.55%, bringing total revenue to ₹1,006.40 crores, marking the second-highest quarterly revenue on record for the company. However, the operational margins have faced severe compression. The operating margin fell to 1.55%, down from 6.11% in the previous quarter, indicating a critical deterioration in profitability. Similarly, the profit after tax (PAT) margin plummeted to 0.06%, suggesting that the company is generating minimal profit relative to its sales, which raises concerns about its long-term viability in a competitive market. ...

Read full news article

Veritas (India) Ltd is Rated Strong Sell

2026-02-02 10:11:05

Veritas (India) Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 19 January 2026. However, the analysis and financial metrics presented here reflect the stock’s current position as of 02 February 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

When is the next results date for Veritas (India) Ltd?

2026-01-28 23:16:02

The next results date for Veritas (India) Ltd is scheduled for 05 February 2026....

Read full news article

Veritas (India) Ltd Downgraded to Strong Sell Amid Deteriorating Fundamentals and Bearish Technicals

2026-01-20 08:05:32

Veritas (India) Ltd, a player in the Trading & Distributors sector, has seen its investment rating downgraded from Sell to Strong Sell as of 19 Jan 2026. This shift reflects a confluence of worsening technical indicators, poor financial performance, and valuation concerns, signalling heightened risks for investors amid a challenging market environment.

Read full news article

Veritas (India) Ltd is Rated Strong Sell

2026-01-04 10:10:27

Veritas (India) Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 17 Nov 2025, reflecting a reassessment of the stock’s outlook. However, all fundamentals, returns, and financial metrics discussed below are current as of 04 January 2026, providing investors with the latest comprehensive view of the company’s position.

Read full news article

Veritas (India) Ltd Stock Falls to 52-Week Low of Rs.164.05

2025-12-31 11:12:51

Veritas (India) Ltd, a company operating in the Trading & Distributors sector, recorded a fresh 52-week low of Rs.164.05 today, marking a significant decline in its stock price amid ongoing underperformance relative to the broader market and its sector peers.

Read full news article

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