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512229 - Veritas (India) Share Price

₹34.75 -0.7  -2.0%

Last Trade - 5:11am

Sector
Industrials
Size
Micro Cap
Market Cap £10.0m
Enterprise Value £37.1m
Revenue £208.9m
Position in Universe 1583rd / 3016
Bullish
Bearish
Unlock 512229 Revenue
Momentum
Relative Strength (%)
1m -3.32%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -19.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
15,027 14,558 16,485 16,793 18,757 20,368 +6.3%
+54.8 +13.2 +15.3 -2.4 -35.7 +182.2
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 30 June 2020, Veritas (India) Ltd revenues decreased 11% to RS4.22B. Net income applicable to common stockholders decreased 3% to RS151.4M. Revenues reflect Trading Distribution & Development segment decrease of 12% to RS3.98B. Net income also reflects Depreciation and Amortisation Expenses increase of 21% to RS80.4M (expense), Other Income decrease of 44% to RS8.2M (income).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
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Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

512229 Dividend Yield Range Unlock 512229 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
512229 EPS Forecasts Unlock 512229 Revenue
Profile Summary

Veritas (India) Limited is an India-based holding company. The Company's principal business activities include wholesale trade, except of motor vehicles and motorcycles. The Company's segments include trading, distribution and development, and wind power generation. The Company is engaged in the business of imports, export, trading and distribution of chemicals, metals, rubber and other commodities. The Company is also engaged in the business of international trading and distribution of polymers, paper and paper boards, heavy distillates chemicals, development of software, and manufacture of ceramics products, among others. The Company is engaged in the generation of wind energy. The Company's subsidiaries include Dharni Farming Private Limited, Veritas Agro Ventures Private Limited, Veritas Polychem Private Limited, Hazel International FZE, Veritas International FZE and Veritas America Trading Inc.

Directors
Last Annual March 31st, 2020
Last Interim June 30th, 2020
Incorporated March 21, 1985
Public Since March 18, 2009
No. of Shareholders: 521
No. of Employees: 18
Sector Industrials
Industry Diversified Trading & Distributing
Index
Exchange Bombay Stock Exchange
Shares in Issue 26,810,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
512229 Share Price Performance
Share Price
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Latest News for 512229
Upcoming Events for 512229
Frequently Asked Questions for Veritas (India)
What is the Veritas (India) share price?

As of 5:11am, shares in Veritas (India) are trading at ₹34.75, giving the company a market capitalisation of £10.0m. This share price information is delayed by 15 minutes.

How has the Veritas (India) share price performed this year?

Shares in Veritas (India) are currently trading at ₹34.75 and the price has moved by 22.03% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Veritas (India) price has moved by 19.76% over the past year.

What are the analyst and broker recommendations for Veritas (India)?

Of the analysts with advisory recommendations for Veritas (India), there are there are currently "buy" , "hold" and "sell" recommendations. The overall consensus recommendation for Veritas (India) is Not available. You can view the full broker recommendation list by unlocking its StockReport.

When will Veritas (India) next release its financial results?

Veritas (India) is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Veritas (India) dividend yield?

The Veritas (India) dividend yield is 0.14% based on the trailing twelve month period.

Does Veritas (India) pay a dividend?

Last year, Veritas (India) paid a total dividend of 0.05, and it currently has a trailing dividend yield of 0.14%. Looking ahead, Veritas (India) has not announced an ex-dividend date yet and the next dividend pay date is 2020-10-30.

When does Veritas (India) next pay dividends?

Veritas (India) has yet to annouce their ex-dividend date and the next dividend pay date is 2020-10-30. The historic dividend yield on Veritas (India) shares is currently 0.14%.

How do I buy Veritas (India) shares?

To buy shares in Veritas (India) you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Veritas (India)?

Shares in Veritas (India) are currently trading at ₹34.75, giving the company a market capitalisation of £10.0m.

Where are Veritas (India) shares listed? Where are Veritas (India) shares listed?

Here are the trading details for Veritas (India):

Country of listing: India
Exchange: BSE
Ticker Symbol: 512229
What kind of share is Veritas (India)?

Based on an overall assessment of its quality, value and momentum, Veritas (India) is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Veritas (India) share price forecast 2020?

We were not able to load any forecast data for Veritas (India).

How can I tell whether the Veritas (India) share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Veritas (India). Over the past six months, the relative strength of its shares against the market has been 1.56%. At the current price of ₹34.75, shares in Veritas (India) are trading at 9.5% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Veritas (India) PE Ratio?

The Veritas (India) PE ratio based on its reported earnings over the past 12 months is 0.78. The shares are currently trading at ₹34.75.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Veritas (India)?

Veritas (India)'s management team is headed by:

Nitin Didwania - NEC
Rajaram Shanbhag - CFO
Prasad Oak - CCO
Praveen Bhatnagar - EDR
Purvi Matani - IND
Vijay Shah - IND
Who are the major shareholders of Veritas (India)?

Here are the top five shareholders of Veritas (India) based on the size of their shareholding:

Didwania (Nitin Kumar) Individual Investor
Percentage owned: 34.5% (9.25m shares)
Didwania (Niti Nitin Kumar) Individual Investor
Percentage owned: 25.04% (6.71m shares)
Onix Assets, Ltd. Corporation
Percentage owned: 11.19% (3.00m shares)
Latitude Consultants, Ltd. Corporation
Percentage owned: 9.7% (2.60m shares)
Group Veritas, Ltd. Corporation
Percentage owned: 5.68% (1.52m shares)
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