Why is Veritas (India) Ltd ?
1
Poor Management Efficiency with a low ROE of 4.90%
- The company has been able to generate a Return on Equity (avg) of 4.90% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Operating profit has grown by an annual rate -6.48% of over the last 5 years
3
With a fall in PBT of -13.35%, the company declared Very Negative results in Dec 25
- The company has declared negative results for the last 6 consecutive quarters
- The company has declared negative results in Sep 24 after 6 consecutive negative quarters
- PBT LESS OI(Q) At Rs 11.08 cr has Fallen at -26.1% (vs previous 4Q average)
- NET SALES(Latest six months) At Rs 1,994.23 cr has Grown at -22.04%
- ROCE(HY) Lowest at 2.72%
4
Below par performance in long term as well as near term
- Along with generating -71.69% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How 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)
-71.69%
-2.84
25.21%
Sensex
7.07%
0.61
11.53%
Quality key factors
Factor
Value
Sales Growth (5y)
11.55%
EBIT Growth (5y)
-14.07%
EBIT to Interest (avg)
5.23
Debt to EBITDA (avg)
0.90
Net Debt to Equity (avg)
0.08
Sales to Capital Employed (avg)
1.13
Tax Ratio
1.74%
Dividend Payout Ratio
0.12%
Pledged Shares
0
Institutional Holding
9.82%
ROCE (avg)
5.37%
ROE (avg)
4.90%
Valuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
25
Price to Book Value
0.18
EV to EBIT
11.60
EV to EBITDA
7.00
EV to Capital Employed
0.24
EV to Sales
0.21
PEG Ratio
NA
Dividend Yield
0.03%
ROCE (Latest)
2.95%
ROE (Latest)
1.95%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
No Trend
Technical Movement
0What is working for the Company
NO KEY POSITIVE TRIGGERS
-21What is not working for the Company
PBT LESS OI(Q)
At Rs 11.08 cr has Fallen at -26.1% (vs previous 4Q average
NET SALES(Latest six months)
At Rs 1,994.23 cr has Grown at -22.04%
ROCE(HY)
Lowest at 2.72%
PAT(Q)
At Rs 10.88 cr has Fallen at -18.8% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is not working for Veritas (India)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 11.08 cr has Fallen at -26.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 15.00 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 10.88 cr has Fallen at -18.8% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 13.40 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Latest six months
At Rs 1,994.23 cr has Grown at -22.04%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)






