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VERITAS (INDIA)
Intrinsic Value | Fundamental Analysis

BOM : 512229     NSE :     
LT :  
    Long Term Analysis
Fundamentals : Average
Valuation : Bad [Stock is Expensive]
Debt : Low
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Upward
Price Momentum : Upward
Pledged Shares : None or < 25%
Apr 24,2024
Price(EOD): ₹ 1,468.85
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Trading
MCap: ₹ 3,936.52 Cr
Value of ₹ 1 Lac invested in VERITAS (INDIA)
on Apr 24,2019 (price: ₹ 52.00)

₹ 1 L

₹ 28.25 L

1W : 8.2% 1M : 40.5% 1Y : 537.8%
COMMUNITY POLL
for VERITAS (INDIA)
Please provide your vote to see the results
VERITAS (INDIA) is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks
Industry Peers & Returns1W1M1Y
VERITAS (INDIA) 8.2% 40.5% 537.8%
ADANI ENTERPRISES 1.8% -4.9% 70.2%
REDINGTON 2.5% -1.3% 27%
HONASA CONSUMER NA NA NA
MMTC 1.5% -21.7% 117.1%
MSTC 1.9% -10.7% 225.8%
LLOYDS ENTERPRISES NA NA NA
NOVARTIS INDIA 3.9% 2.7% 80.7%
OPTIEMUS INFRACOM -1.7% -11.2% 19.2%

FUNDAMENTAL ANALYSIS OF VERITAS (INDIA)

 
Fundamentals Score
[ Q(TTM): Dec2023, Y: Mar2023
Q : Last Qtr data
Y : Last Audited Annual/Yearly Data
TTM i.e. Trailing Twelve Months is calculated using last 4 quarterly data and is a good substitute to track last 4 Qtr Annual result before the subsequent year data is published and audited.
Learn More
]


VALUATION OF VERITAS (INDIA)

 
Valuation Score
[As on : Apr 24,2024 ]

Ratio Consolidated
P/E
P/B
P/S
20.55
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 191.62 Cr
[Latest Qtr - Dec2023 - Consolidated Results ]

1.71
P/B Calculated based on Book Value of Rs 2,303.70 Cr
[Latest Year - Mar2023 - Consolidated Results ]

1.15
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 3,418.98 Cr
[Latest Qtr - Dec2023 - Consolidated Results ]

Financial Ratios →

Insights 💡 There are potential 12% undervalued companies ! Discover More →

FAIR VALUE OF VERITAS (INDIA)

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
394%
213%
579%

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SHARE PRICE MOMENTUM OF VERITAS (INDIA)


Insights 💡 VERITAS (INDIA) is one of the top 7% companies with bullish price momentum currently! Discover More →

VERITAS (INDIA) vs SENSEX


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DEBT OF VERITAS (INDIA)

Year Debt/Equity ratio
Standalone Consolidated
2023
2022
2021
Avg_3yrs
0
0
0
-
0.1
0.13
0.2
0.14
[Last Annual Data : Mar2023]
Financial Ratios →

PLEDGED PROMOTER SHARES OF VERITAS (INDIA)

Pledged Promoter Shares
0 %
As on : Dec2023

If less than 25%

Good
If between 25% and 50% Neutral
If greater than 50% Bad
Shareholding Pattern →

QTRLY RESULTS OF VERITAS (INDIA)

Consolidated Q-o-Q Y-o-Y
Revenue
Op Profit
Profit Before Tax
Profit After Tax
40.71%
-3.14%
130.02%
130.22%
131.4%
42.16%
280.43%
282.86%
QtrlyTrend
6
Latest Qtr: Dec2023
Quarterly Result Analysis →

Insights 💡 VERITAS (INDIA) is one of the top 45% companies with good quarterly result uptrend ! Discover More →

VERITAS (INDIA) related INDICES

No BSE index found!
No NSE index found

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FAQ about VERITAS (INDIA)


Is VERITAS (INDIA) good for long term investment?

As on Apr 24,2024, the Fundamentals of VERITAS (INDIA) look Average and hence you may wait for the results to improve to invest for long term ! See Financial Performance of VERITAS (INDIA) . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!

Is VERITAS (INDIA) UnderValued or OverValued?

As on Apr 24,2024, VERITAS (INDIA) is Over Valued based on the estimates of intrinsic value and hence may not be a good buying opportunity according to Share Valuation at this time!

What is the Intrinsic Value of VERITAS (INDIA) ?

As on Apr 24,2024, the Intrinsic Value of VERITAS (INDIA) is Rs. 297.13 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 297.13
Fair Value [Median EV / Sales Model] : Rs. 469.81
Fair Value [Median Price / Sales Model] : Rs. 216.34
Estimated Median Fair Value of VERITAS (INDIA) : Rs. 297.13

The fair value of any stock is always subjective and should, in no way, be taken as a recommendation to buy/sell the same.

Is VERITAS (INDIA) trading at a Premium or Discount?

As on Apr 24,2024, VERITAS (INDIA) is trading at a Premium of 394% based on the estimates of Median Intrinsic Value!