Flash Finance

Veritas (India) Ltd512229Corporate

Trading & Distributors Latest results: Jun 2026 14 quarters of data
Consolidated Standalone
₹163.15
MCap ₹437 Cr
Veritas (India) Ltd — Stock analysis & AI research Veritas (India) Ltd — Multibagger AI analysis Veritas (India) Ltd — Live exchange announcements
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹898 Cr
Sales · Jun 2026
+52.9% YoY
₹20 Cr
Operating Profit · Jun 2026
-44.2% YoY
2.2%
OPM % · Jun 2026
-63.9% YoY
₹4 Cr
Net Profit · Jun 2026
-84.8% YoY
₹1.36
EPS · Jun 2026
-84.9% YoY

📝 Veritas (India) Ltd — results explained

Quarter ended June 2026 (Q1 FY27)

Veritas (India) Ltd reported revenue of ₹898 crore for the quarter ended June 2026 (Q1 FY27), up 52.9% from ₹587 crore in the same quarter last year, and up 68.7% sequentially over the March 2026 quarter.

Net profit fell 84.8% year-on-year to ₹4 crore, from ₹24 crore. Earnings per share (EPS) came in at ₹1.36.

Operating profit stood at ₹20 crore — an operating margin (OPM) of 2.2%, compared with 6.1% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Veritas (India) Ltd posted revenue of ₹3,113 crore, a decline of 24.1% over FY25, with a net profit of ₹20 crore (down 82.5% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹3,424 crore with a net loss of ₹0 crore.

Valuation snapshot

At the current price of ₹163.15, 512229 has a market capitalisation of ₹437 crore.

Within the Trading & Distributors industry, it is the 16th-largest of the 178 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 55.01%, foreign institutional investors (FIIs) 9.70%, domestic institutional investors (DIIs) 0.00%, public shareholders 35.30% of Veritas (India) Ltd.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹437 Cr
Current Price ?
₹163.2
P/E ?
N/A
Industry P/E ?
22.40
P/B ?
0.15
P/S ?
0.13
P/FCF ?
-1.88
Enterprise Value ?
₹942 Cr
EV/EBITDA ?
13.44
PEG ?
N/A
Earnings Yield ?
2.9%
Dividend Yield ?
0.03%
Profitability & Returns
Sales (TTM) ?
₹3,424 Cr
OPM ?
2.0%
Profit after tax (TTM) ?
₹-0 Cr
EPS (TTM) ?
₹-0.13
ROCE ?
1.0%
ROE ?
-0.0%
ROA ?
-0.0%
Growth
Sales — latest qtr ?
₹898 Cr
PAT — latest qtr ?
₹4 Cr
YoY qtr sales growth ?
52.9%
YoY qtr profit growth ?
-84.8%
Sales growth (3y) ?
13%
Sales growth (5y) ?
11%
Profit growth (3y) ?
-41%
Profit growth (5y) ?
-29%
Financial Health
Debt ?
₹505 Cr
Debt to Equity ?
0.18
Interest Coverage ?
1.6
Current Ratio ?
N/A
Ownership
Promoter holding ?
55.01%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-6.9%
Return 6 months ?
9.4%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 6594959411,3241,0957569161,6427855871,006988532898 +52.9% +68.7%
Operating Profit 414257555164485025361625920 -44.2% +123.1%
Other Income 0005601133-1130101 -82.3% —
Interest 486611814135543156 +19.4% -60.2%
Depreciation 99991691010101010111111 +10.3% +0.3%
Profit Before Tax 2925429624483730-124112-174 -85.0% +121.2%
Net Profit 2925429624483730-124111-164 -84.8% +122.9%
EPS 10.849.3815.5235.739.0617.9313.6711.16-0.419.010.224.06-5.941.36 -84.9% +122.9%
OPM % 6.2% 8.5% 6.1% 4.2% 4.7% 8.5% 5.2% 3.0% 3.2% 6.1% 1.6% 2.5% 1.7% 2.2% -63.9% +29.4%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹4,099 Cr ₹3,113 Cr ₹3,424 Cr -24.1%
Operating Profit ₹187 Cr ₹86 Cr ₹70 Cr -54.0%
OPM % 4.56% 2.76% 2.05% -39.5%
NPM % 2.78% 0.64% -0.01% -77.0%
Other Income ₹6 Cr ₹4 Cr ₹2 Cr -33.3%
Depreciation ₹39 Cr ₹42 Cr ₹43 Cr +7.7%
Interest ₹40 Cr ₹27 Cr ₹28 Cr -32.5%
EBIT ₹148 Cr ₹44 Cr ₹27 Cr -70.3%
PBT ₹114 Cr ₹20 Cr ₹-0 Cr -82.5%
Tax — — ₹-0 Cr —
Net Profit ₹114 Cr ₹20 Cr ₹-0 Cr -82.5%
EPS ₹42.35 ₹7.35 ₹-0.30 -82.6%
Material Cost — — ₹867 Cr —
Employee Cost — — ₹4 Cr —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 3333 +0.0%
Reserves 2,3012,5072,6632,862 +7.5%
Borrowings 232327272505 +85.7%
Other Liabilities 1,5861,3468981,346 +49.9%
Total Liabilities 4,1214,1833,8364,716 +22.9%
Fixed Assets 2,0532,0522,0332,114 +4.0%
CWIP 344349349349 +0.0%
Investments 91021 -50.0%
Other Assets 1,7151,7721,4532,251 +54.9%
Total Assets 4,1214,1833,8364,716 +22.9%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 815629-233 -903.4%
Cash from Investing Activity -3-3219-1 -105.3%
Cash from Financing Activity -76-13-27210 +877.8%
Net Cash Flow 11121-23 -209.5%
Free Cash Flow 842541-233 -668.3%
CFO/OP 58%28%16%-271% -1793.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 278157114246 +115.8%
Inventory Days 8445 +25.0%
Days Payable 1561566141 +113.6%
Cash Conversion Cycle 13014653110 +107.5%
Working Capital Days 1001234277 +83.3%
ROCE % 5%8%5%1% -80.0%

👥 Shareholding (latest 4 periods)

Metric Sep 2025Dec 2025Mar 2026Jun 2026 % Chg
Promoters 55.01%55.01%55.01%55.01% +0.0%
FIIs 9.70%9.70%9.70%9.70% +0.0%
DIIs 0.14%0.12%0.00%0.00% —
Public 35.15%35.17%35.29%35.30% +0.0%
No. of Shareholders 6,5636,7246,6836,631 -0.8%

⚖️ Peer comparison

Industry: Trading & Distributors · top 25 of 178 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 MMTC MMTC ₹56.85 8,527 19.1 3 448 -5900.3% 14818.2% 11.3% 345.1% -32.0% 136.9%
2 MSTCLTD Mstc ₹717.80 5,053 21.6 386 234 60.5% 60.6% 13.1% -50.9% 22.4% 37.5%
3 526125 BN Agrochem ₹273.00 1,960 156.9 928 17 -0.5% 1.8% 191.7% 57.2% 26.7% -85.2%
4 CNL Creative Newtech ₹1,065.50 1,600 23.6 2,784 74 3.6% 2.6% 52.1% 31.8% 21.1% 32.9%
5 512038 TCC Concept ₹273.00 949 20.0 285 68 43.9% 23.7% 115.7% 56.1% 483.1% 40.5%
6 530929 RRP Defense ₹16.11 861 — 12 -1 -8.5% -8.3% 18.6% -190.4% 32.0% -354.4%
7 540980 Yamuna Syndicate ₹54,250.00 799 18.3 73 91 2.4% 125.6% 7.8% -4.3% 18.6% -78.9%
8 SHIVAUM Shiv Aum ₹551.40 750 66.1 672 11 3.2% 1.7% — — 22.5% 128.6%
9 538563 538563 — 661 — 166 24 26.3% 14.3% 710.0% 1000.0% 14.6% 90.3%
10 STCINDIA State Trading ₹104.37 626 1.0 — 639 — — — 2410.5% — -71.1%
11 524723 Arvaya Healthcare ₹23.00 557 — 0 -2 -2043.5% -1985.7% -100.0% -1138.5% — -254.3%
12 ROCKINGDCE Rockingdeals Cir ₹642.35 533 54.5 120 10 13.9% 8.4% — — 91.2% 150.0%
13 524480 Riddhi Siddhi ₹640.85 514 — 171 -17 -8.6% -9.9% 74.8% 0.0% -42.0% -62.4%
14 531191 Filtron Engineers ₹7.00 465 235.0 — 0 — — -100.0% 166.7% — 4800.0%
15 OSWALAGRO Oswal Agro ₹33.97 457 — 19 -23 7.0% -118.5% -88.1% -120.2% -100.0% -172.9%
16 512229 Veritas (India) ₹1,036.00 437 — 3,424 -0 2.0% -0.0% -24.1% -82.5% 52.9% -84.8%
17 539834 Balgopal Commercial ₹39.87 393 — — -5 — — — -214.3% — 157.3%
18 KOTHARIPRO Kothari Products ₹63.50 379 19.5 1,031 19 -6.0% 1.9% 5.4% 135.3% 8.6% -64.7%
19 540829 540829 — 347 — 74 2 6.0% 3.4% — — -83.8% -88.2%
20 539922 Rotographics (India) ₹45.01 330 53.0 45 1 0.1% 2.5% 4987.7% 616.7% 37.7% 127.0%
21 538537 538537 — 323 — — -2 — — — -935.0% — -3700.0%
22 512026 Vega Jewellers ₹2.04 315 0.2 978 47 8.9% 4.8% — — — —
23 540717 Polo Queen ₹43.72 296 n/m 76 3 5.6% 3.4% -5.7% -2.7% 49.8% -46.0%
24 SAKUMA Sakuma Exports ₹1.50 235 19.8 1,666 11 0.3% 0.6% -25.4% -35.7% -11.3% 70.5%
25 VIKASLIFE Vikas Lifecare ₹1.26 234 — 496 -109 -35.6% -21.9% 3.2% -928.0% 25.0% 1588.3%
❓ Frequently asked questions
What was Veritas (India) Ltd's revenue in Q1 FY27?
Veritas (India) Ltd reported revenue of ₹898 crore for the quarter ended June 2026 (Q1 FY27), up 52.9% from ₹587 crore in the same quarter last year, and up 68.7% sequentially over the March 2026 quarter.
What was Veritas (India) Ltd's net profit in Q1 FY27?
Net profit fell 84.8% year-on-year to ₹4 crore, from ₹24 crore. Earnings per share (EPS) came in at ₹1.36.
What is 512229's market capitalisation and P/E ratio?
At the current price of ₹163.15, 512229 has a market capitalisation of ₹437 crore.
Who owns Veritas (India) Ltd? (shareholding pattern)
As of Jun 2026, promoters held 55.01%, foreign institutional investors (FIIs) 9.70%, domestic institutional investors (DIIs) 0.00%, public shareholders 35.30% of Veritas (India) Ltd.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI