Veritas (India) Ltd (VERITAS) — shareholding pattern, promoter holding, financials and share price
About Veritas (India) Ltd (VERITAS)
Veritas (India) Ltd operates in the Trading & Distributors industry, within the Services sector. It trades on the NSE as VERITAS and on the BSE under scrip code 512229. Its ISIN is INE379J01029.
Incorporated in 1985, Veritas India Ltd is in the business of Trading, Distribution, Development, and Wind Power Generation, and Manufacturing & Warehousing. [1]
Veritas (India) Limited engages in importing, exporting, trading and distributing chemicals, metals, and machinery. It also generates wind energy in Maharashtra and Tamil Nadu, India.
The company expanded its wind power capabilities by setting up two new wind mills in Tirunelveli District, Tamil Nadu, in 2010, representing a strategic diversification from trading.
Listed peers in Trading & Distributors: Oswal Agro Mills Ltd, Riddhi Siddhi Gluco Biols Ltd, Balgopal Commercial Ltd, Kothari Products Ltd, Pervasive Commodities Ltd, Rotographics (India) Ltd.
Valuation & Returns
10 Jul 2026At ₹182.15 a share on 10 Jul 2026, Veritas (India) Ltd (VERITAS) was valued at a price-to-earnings ratio of 24.79x against an industry P/E of 21.24x and a price-to-book of 0.18x on a book value of ₹994.2 per share as of Mar 2025. Solomo computes return on equity of 0.74% and return on capital employed of 1.68% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 24.79x
- Industry P/E
- 21.24x
- P/B
- 0.18x
- EPS (TTM)
- ₹7.35
- Book value / share
- ₹994.2
- ROE
- 0.74%
- ROCE
- 1.68%
- ROA
- 0.51%
- Debt / equity
- 0.05x
- Dividend yield
- 0.03%
- EBITDA margin
- 2.83%
- 52-week range
- ₹132.2 – ₹399.7
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Veritas (India) Ltd (VERITAS) reported revenue of ₹3,113 crore, net profit of ₹20 crore and earnings per share of ₹7.35. That compares with revenue of ₹4,099 crore and net profit of ₹114 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹532 crore and net profit ₹-16 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2,131 | 2,163 | 3,855 | 4,099 | 3,113 |
| Net profit (₹ cr) | 105 | 95 | 187 | 114 | 20 |
| EPS (₹) | 39.05 | 35.36 | 69.69 | 42.36 | 7.35 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 12.19% | 15.01% | 24.36% | 6.34% |
| Profit growth | 7.30% | -1.47% | 2.75% | -39.22% |
| Stock price CAGR | 6% | 3% | -5% | -53% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 55.01% of Veritas (India) Ltd (VERITAS) (unchanged from the previous quarter), foreign institutional investors (FII) hold 9.7%. Market capitalisation was ₹488 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: ONIX ASSETS LIMITED 11.19%, LATITUDE CONSULTANTS LIMITED 9.7%, NITI NITINKUMAR DIDWANIA 5.77%, AVENTIA GLOBAL LIMITED 3.73%, GROUPE VERITAS LIMITED 2.59%, GUNJAN JAIN 1.64%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 55.01% | - | 9.7% | - | 44.99% |
| Mar 2026 | 55.01% | - | 9.7% | - | 44.99% |
| Dec 2025 | 55.01% | - | 9.7% | 0.12% | 44.99% |
| Sep 2025 | 55.01% | - | 9.7% | 0.14% | 44.99% |
| Jun 2025 | 55.01% | - | 9.7% | 0.14% | 44.99% |
| Mar 2025 | 55.01% | - | 9.7% | 0.14% | 44.99% |
| Dec 2024 | 55.01% | - | 9.7% | 0.14% | 44.99% |
| Sep 2024 | 55.01% | - | 9.71% | - | 44.99% |