ScoreWhy is Veritas (India) Ltd ?
1
Weak Long Term Fundamental Strength with a -19.56% CAGR growth in Operating Profits over the last 5 years
- The company has been able to generate a Return on Equity (avg) of 4.29% signifying low profitability per unit of shareholders funds
2
With a fall in Net Sales of -46.17%, the company declared Very Negative results in Mar 26
- The company has declared negative results for the last 7 consecutive quarters
- The company has declared negative results in Sep 24 after 6 consecutive negative quarters
- PAT(Q) At Rs -15.93 cr has Fallen at -284.5% (vs previous 4Q average)
- ROCE(HY) Lowest at 1.39%
- DEBTORS TURNOVER RATIO(HY) Lowest at 1.49 times
3
Stock is technically in a Mildly Bearish range
- The stocks MACD and KST technical factors are also Bearish
4
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 0.66% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -52.37% returns
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Trading & Distributors)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Veritas (India) for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Veritas (India)
-52.37%
-1.72
30.45%
Sensex
-5.14%
-0.38
13.26%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
10.65%
EBIT Growth (5y)
-19.56%
EBIT to Interest (avg)
4.66
Debt to EBITDA (avg)
1.40
Net Debt to Equity (avg)
0.17
Sales to Capital Employed (avg)
1.13
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0.12%
Pledged Shares
0
Institutional Holding
9.70%
ROCE (avg)
4.87%
ROE (avg)
4.29%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
23
Industry P/E
23
Price to Book Value
0.16
EV to EBIT
21.28
EV to EBITDA
10.98
EV to Capital Employed
0.28
EV to Sales
0.30
PEG Ratio
NA
Dividend Yield
0.03%
ROCE (Latest)
1.32%
ROE (Latest)
0.69%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend0What is working for the Company
NO KEY POSITIVE TRIGGERS
-26What is not working for the Company
PAT(Q)
At Rs -15.93 cr has Fallen at -284.5% (vs previous 4Q average
ROCE(HY)
Lowest at 1.39%
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.49 times
NET SALES(Q)
Lowest at Rs 531.74 cr
PBDIT(Q)
Lowest at Rs 9.09 cr.
PBT LESS OI(Q)
Lowest at Rs -16.43 cr.
EPS(Q)
Lowest at Rs -5.94
Loading Valuation Snapshot...
Here's what is not working for Veritas (India)
Net Sales - Quarterly
At Rs 531.74 cr has Fallen at -36.8% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 841.38 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -16.43 cr has Fallen at -253.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 10.70 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs -15.93 cr has Fallen at -284.5% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 8.63 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Quarterly
Lowest at Rs 531.74 cr
in the last five quartersMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 9.09 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -16.43 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs -5.94
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Debtors Turnover Ratio- Half Yearly
Lowest at 1.49 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
