Veritas India Ltd. | Small-cap | Industrials
₹385.75
2.00%
| Veritas India Stock Comparison:

Financial Overview

Latest Annual: 2025

Income Metrics

Revenue 41.0B
Gross Profit 2.4B 5.95%
Operating Income 1.5B 3.65%
Net Income 1.1B 2.77%

Balance Sheet Metrics

Total Assets 38.4B
Total Liabilities 11.7B
Shareholders Equity 26.7B
Debt to Equity 0.44

Cash Flow Metrics

Operating Cash Flow -4.9B
Free Cash Flow 246.4M

Revenue & Profitability Trend

Veritas India Income Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Revenue 41.0B 38.5B 21.6B 21.3B 18.8B
Cost of Goods Sold 38.6B 36.0B 19.8B 19.5B 16.7B
Gross Profit 2.4B 2.6B 1.9B 1.8B 2.0B
Operating Expenses 336.5M -191.1M 270.2M 173.9M 220.4M
Operating Income 1.5B 2.2B 1.2B 1.2B 1.4B
Pre-tax Income 1.1B 1.9B 955.2M 1.1B 1.1B
Income Tax 3.5M 10.4M 7.1M 10.8M 14.6M
Net Income 1.1B 1.9B 948.1M 1.0B 1.1B
EPS (Diluted) - ₹69.69 ₹35.36 ₹39.05 ₹40.82

Income Statement Trend

Veritas India Balance Sheet From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Assets
Current Assets 14.1B 17.4B 16.8B 16.7B 9.6B
Non-Current Assets 24.2B 24.5B 24.4B 23.3B 23.2B
Total Assets 38.4B 41.8B 41.2B 40.0B 32.9B
Liabilities
Current Liabilities 9.0B 4.1B 11.4B 12.5B 5.0B
Non-Current Liabilities 2.7B 12.6B 6.7B 6.4B 8.2B
Total Liabilities 11.7B 16.7B 18.2B 18.9B 13.1B
Equity
Total Shareholders Equity 26.7B 25.1B 23.0B 21.1B 19.7B

Balance Sheet Composition

Veritas India Cash Flow Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Operating Activities
Net Income 1.1B 1.9B 955.2M 1.1B 1.1B
Operating Cash Flow -4.9B 6.8B 1.9B -5.4B 950.4M
Investing Activities
Capital Expenditures 116.0M -311.8M 34.5M -21.7M -100.7M
Investing Cash Flow 190.6M -317.5M -33.7M 270.1M -97.6M
Financing Activities
Dividends Paid -1.3M -1.3M -1.3M -1.3M -1.3M
Financing Cash Flow 141.2M 181.0M -586.2M -1.3B -1.1B
Free Cash Flow 246.4M 242.1M 785.0M 1.2B 1.3B

Cash Flow Trend

Veritas India Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 8.74
Price to Book 0.37
Price to Sales 0.24

Profitability Ratios

Profit Margin 2.77%
Operating Margin 2.09%
Return on Equity 4.39%
Return on Assets 2.33%

Financial Health

Current Ratio 1.58
Debt to Equity 10.27
Beta 1.01

Per Share Data

EPS (TTM) ₹42.37
Book Value per Share ₹991.77
Revenue per Share ₹1,529.04

Financial data is updated regularly. All figures are in the company's reporting currency.