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Veritas (India) Ltd
NSE: BSE: 512229
â‚ą167.70
(1.99%)
Mon, 08 Jun 2026, 06:41 pm
Market Cap (in Cr)449.6
PE Ratio22.82
Dividend0.03
Distribution Services
Wholesale Distributors
24.5KVeritas (India) Analysis
dividend
- Veritas (India) is not paying a notable dividend for India, therefore no need to check if the payments are increasing.
- No need to calculate the sustainability of Veritas (India)'s dividends as it is not paying a notable one for India.
- Veritas (India) is not paying a notable dividend for India, therefore no need to check if the payments are stable.
- Veritas (India)'s pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Veritas (India)'s dividend is below the markets top 25% of dividend payers in India (3.08%).
health
- Veritas (India) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Veritas (India) is profitable, therefore cash runway is not a concern.
- Veritas (India) is profitable, therefore cash runway is not a concern.
- Debt is well covered by operating cash flow (59.3%, greater than 20% of total debt).
- Debt is covered by short term assets, assets are 1.9x debt.
- Veritas (India)'s cash and other short term assets cover its long term commitments.
- Veritas (India)'s level of debt (25.7%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (12.9% vs 25.7% today).
- Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).
- High level of physical assets or inventory.
management
- The average tenure for the Veritas (India) board of directors is less than 3 years, this suggests a new board.
misc
- Veritas (India) is not covered by any analysts.
- Veritas (India)'s last earnings update was 215 days ago.
past
- Veritas (India)'s year on year earnings growth rate has been positive over the past 5 years.
- Veritas (India)'s 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Veritas (India) used its assets less efficiently than the IN Trade Distributors industry average last year based on Return on Assets.
- Veritas (India)'s use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
- Veritas (India) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Veritas (India)'s 1-year earnings growth is negative, it can't be compared to the IN Trade Distributors industry average.
value
- Veritas (India) is good value based on assets compared to the IN Trade Distributors industry average.
- Veritas (India) is good value based on earnings compared to the IN Trade Distributors industry average.
- Veritas (India) is good value based on earnings compared to the India market.
- Veritas (India)'s share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- Veritas (India)'s share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- 512229 underperformed the Trade Distributors industry which returned -5.6% over the past year.
- 512229 underperformed the Market in India which returned -14.5% over the past year.
- BSE:512229 is up 4.5% underperforming the Trade Distributors industry which returned 6.8% over the past month.
- BSE:512229 is up 4.5% underperforming the market in India which returned 8% over the past month.