VERITAS (INDIA) LIMITED

VERITAS (INDIA) LIMITED is a Public company incorporated on March 21, 1985. It is classified as a Company limited by shares and is registered at Registrar of Companies, ROC Mumbai.

The authorized share capital is ₹10 Cr and its paid-up capital is ₹2.68 Cr.

Current status of the company is Active and its registered office is at FLOOR-1,PLOT-18,VAKIL BUILDING,S S RAM GULAM MARG,,NEW CUSTOM HOUSE,BALLARD ESTATE.,Mumbai,Mumbai,Maharashtra,400001-India.

Financial Overview

MARKET PRICE • LIVE

₹160

Source: Screener.in ↗

M.Cap: ₹429 Cr

P/E

21.8

Book Value

₹1,068

ROCE

1.48%

ROE

0.71%

High/Low

₹404/N/A

Div Yield

0.03%

Qtrly Sales

₹ 532 Cr

Qtrly OPM

Qtrly Net Profit

₹ -16 Cr

Strengths

Stock is trading at 0.15 times its book value

Weaknesses

Company has low interest coverage ratio.
The company has delivered a poor sales growth of 10.6% over past five years.
Tax rate seems low
Company has a low return on equity of 4.13% over last 3 years.
Contingent liabilities of Rs.570 Cr.
Dividend payout has been low at 0.29% of profits over last 3 years
Company has high debtors of 246 days.
Promoter holding has decreased over last 3 years: -8.36%

Auth. Capital

₹10 Cr

Paid-Up Capital

₹2.68 Cr

Company Details

Legal Name	VERITAS (INDIA) LIMITED
Incorporation	March 21, 1985
Category	Public / Company limited by shares
ROC	ROC Mumbai
Registration	035702
Address	FLOOR-1,PLOT-18,VAKIL BUILDING,S S RAM GULAM MARG,,NEW CUSTOM HOUSE,BALLARD ESTATE.,Mumbai,Mumbai,Maharashtra,400001-India