ScoreWhy is Veritas (India) Ltd ?
1
Weak Long Term Fundamental Strength with a -28.74% CAGR growth in Operating Profits over the last 5 years
- The company has been able to generate a Return on Equity (avg) of 4.29% signifying low profitability per unit of shareholders funds
2
The company has declared Negative results for the last 8 consecutive quarters
- PBT LESS OI(Q) At Rs 3.08 cr has Fallen at -27.1% (vs previous 4Q average)
- PAT(Q) At Rs 3.66 cr has Fallen at -25.7% (vs previous 4Q average)
- ROCE(HY) Lowest at 1.39%
3
Below par performance in long term as well as near term
- Along with generating -57.33% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Trading & Distributors)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Veritas (India) for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Veritas (India)
-57.33%
-2.32
24.66%
Sensex
-8.95%
-0.66
13.60%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
13.87%
EBIT Growth (5y)
-28.74%
EBIT to Interest (avg)
4.37
Debt to EBITDA (avg)
1.40
Net Debt to Equity (avg)
0.17
Sales to Capital Employed (avg)
1.13
Tax Ratio
8.24%
Dividend Payout Ratio
0.68%
Pledged Shares
0
Institutional Holding
9.70%
ROCE (avg)
4.87%
ROE (avg)
4.29%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
22
Price to Book Value
0.15
EV to EBIT
32.77
EV to EBITDA
12.82
EV to Capital Employed
0.27
EV to Sales
0.26
PEG Ratio
NA
Dividend Yield
0.03%
ROCE (Latest)
1.32%
ROE (Latest)
0.69%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend0What is working for the Company
NO KEY POSITIVE TRIGGERS
-11What is not working for the Company
PBT LESS OI(Q)
At Rs 3.08 cr has Fallen at -27.1% (vs previous 4Q average
PAT(Q)
At Rs 3.66 cr has Fallen at -25.7% (vs previous 4Q average
ROCE(HY)
Lowest at 1.39%
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.49 times
Loading Valuation Snapshot...
Here's what is not working for Veritas (India)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 3.08 cr has Fallen at -27.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 4.23 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 3.66 cr has Fallen at -25.7% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 4.93 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Lowest at 1.49 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Footer loading
