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What is the Veritas (India) Ltd (VERITAS) share price today?

Veritas (India) Ltd (VERITAS) is trading at ₹171.85 on the BSE, down 0.84% on the day. Source: DocStoX.

What is the PE ratio of Veritas (India) Ltd?

Veritas (India) Ltd has a price-to-earnings (PE) ratio of 4.1 in the Commodities sector.

What is the market capitalisation of Veritas (India) Ltd?

Veritas (India) Ltd has a market capitalisation of approximately ₹470 crore.

Veritas (India) Ltd

VERITAS·BSE·Commodities

₹171.85▼ -1.45 (-0.84%)

Commodities · Chemicals & Petrochemicals

A steady, established business

Day₹171.00

₹176.50

52W₹132

₹40015%

Open

₹176.50

High

₹176.50

Low

₹171.00

Prev Close

₹173.30

Volume

2.0K

VWAP

₹173.72

Snapshot

Key fundamentals

Market Cap

₹470 Cr

P/E Ratio

4.06Cheap

P/B Ratio

0.16

EPS

₹42.36

Book Value

₹1068.34

ROE

4.26%Weak

ROCE

5.00%Weak

Dividend Yield

0.03%

Debt / Equity

0.18Low

Face Value

₹1.00

52W High

₹399.70

52W Low

₹132.20

Sector

Commodities

Industry

Chemicals & Petrochemicals

Buy

None moatHigh uncertainty

Fair value estimate

₹1,083

▲ 530.2%upside

Trading at ₹172 — 530% below our estimate

BearFair valueBull

₹921₹1,083₹1,371

/100

Business quality — Watch the fundamentals

Growth 50Profitability 2Efficiency 0Valuation 96

Plain English

Our view

A steady, established business
Low debt relative to equity
Weak returns on equity (4%)

Strengths

Low debt relative to equity
Reasonably priced at 4× earnings
Promoters hold a controlling stake

Risks

Weak returns on equity (4%)

How we got there

Fair value methods

Residual income

4% ROE fading to 13% over ~3 yrs, on ₹1068 book

₹955

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹1,371

Analyst target

No analyst coverage

—

Blended fair value₹1,083

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Reasonably priced at 4× earnings
Promoters hold a controlling stake

Bear case

Weak returns on equity (4%)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

4.1Cheap

Below 15× is value territory; above 35× prices in strong growth

ROE

4.3%Weak

Above 15% is considered healthy for Indian equities

ROCE

5.0%Weak

Above 18% means capital is working hard

Debt/Eq

0.18Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹470 Cr

P/B

0.16

EPS

₹42.36

Div Yield

0.03%

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Attractive

P/E 4.1×

Growth

Steady

+13% rev CAGR

Profitability

Modest

4.3% ROE

Financial health

Rock solid

D/E 0.18

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover₹3.42L Cr

Trades42

VWAP₹173.72

Face value₹1.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+12.9%

+10.7%

10Y

+7.9%

Profit

-40.9%

-29.0%

10Y

-10.6%

EPS

+30.3%

+13.9%

10Y

+13.3%

Profile

Pros

Stock is trading at 0.16 times its book value

Watch-outs

Cons

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.

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 30 Jun 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

55%

Promoter

Promoters

55.0%0.00

Public

15.7%+0.65

FII / FPI

9.7%0.00

DII

0.0%0.00

Others

19.6%

Total shareholders

6,631-52 QoQ

Quarterly trend

Ownership over time

Q1 FY27

Promoter55.01%

FII9.70%

Public15.65%

Others19.64%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1985, Veritas India Ltd is in the business of Trading, Distribution, Development, and Wind Power Generation, and Manufacturing & Warehousing.[1]