Veritas (India) logo

Veritas (India) share price

BSE: 512229Chemicals & PetrochemicalsSmall Cap

Last close ₹147.70up ₹2.85 (1.97%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹144.85.

52-week range of traded prices to 23 Oct 2026
₹132.20Low, 1 Apr 2026₹313.85High, 27 Oct 2025
Market cap
₹396 Cr1,897th largest listed
P/E
Lossover the last 12 months
P/B
0.1
Dividend yield
0.03%
ROE
0.0%
ROCE
0.8%
Debt to equity
0.15
Volume, BSE
4,029

Share price

Daily closes since May 2008, adjusted for splits and bonuses. On BSE it is in group XT, traded trade for trade: every trade is settled by delivery, and none can be squared off the same day.

−51.9%over a year

Dividend20-session average 3,718 shares a day

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 12 Aug

Revenue
₹898 Crup 68.79%
Net profit
₹3.66 CrQuarter to Mar 2026: −₹16 Cr
Net margin
0.4%

Revenue by year

Peak revenue ₹4,099 Cr, year to Mar 2025

Net profit by year, a loss in red

₹ croreSep 2024Filed 14 NovDec 2024Filed 13 FebMar 2025Filed 16 JunJun 2025Filed 14 AugSep 2025Filed 18 NovDec 2025Filed 5 FebMar 2026Filed 28 MayJun 2026Filed 12 Aug
Revenue9161,6427865871,006988532898
Net profit3730−124111−164
Net margin4.0%1.8%−0.1%4.1%0.1%1.1%−3.0%0.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Distribution & Development₹3,046 Crdown 23.74%97.9%
  • Warehousing₹67 Crdown 36.40%2.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Not shown, P/E: loss, last twelve months.PE ratio and valuation history

Price to book

At or below today's level on 13% of 1,835 trading days since Nov 2018.

LowestHighest
Its median0.2Industry median0.8
EV to EBITDA11.5

At or below today's level on 71% of 1,835 trading days since Nov 2018.

LowestHighest
Its median5.2
Dividend yield

At or below today's level on 53% of 2,087 trading days over the last 10 years.

LowestHighest
Its median0.03%Industry median1.76%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−64.8%−82.6%+102.4%0.0%
3 years−1.6%−40.8%+66.1%0.0%
5 years+14.5%−29.0%+61.2%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters55.01%
  • Foreign institutions9.85%
  • Individuals and others35.15%
Holder
SWAN CORP LIMITEDPromoter55.01%
ONIX ASSETS LIMITEDForeign companies11.19%
LATITUDE CONSULTANTS LIMITEDForeign portfolio investors, category II9.70%
NITI NITINKUMAR DIDWANIAResident individuals, over ₹2 lakh at face value5.77%
AVENTIA GLOBAL LIMITEDForeign companies3.73%
GROUPE VERITAS LIMITEDCompanies2.59%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Trading - Chemicals, 17 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Veritas (India) in market cap.

Veritas (India) is not on the chart: it has no P/E today

Return on equity across, P/E up, size is market cap
Company
Uniphos Enterprises logoUniphos EnterprisesUNIENTER56728.00.2–−77.1%–0.8%−0.2%4.29%
Evexia Lifecare logoEvexia LifecareEVEXIA404–––+24.4%––0.3%0.00%
Vinyl Chemicals (India) logoVinyl Chemicals (India)VINYLINDIA36719.72.830.0−3.2%−14.6%14.5%9.0%3.50%
Bhavik Enterprises logoBhavik EnterprisesBHAVIK29221.51.8–––8.2%–0.00%
Shankar Lal Rampal Dye-Chem logoShankar Lal Rampal Dye-ChemSRD24613.42.010.5+12.4%+51.8%15.9%17.4%0.13%
Shiv TexchemSHIVTEXCHEM2313.00.6–+26.1%+61.7%20.9%–0.00%
A-1 logoA-1A1L22626.44.216.6+38.7%+151.0%16.5%13.7%1.02%
Dhariwalcorp logoDhariwalcorpDHARIWAL20423.83.3–+1.2%+141.5%17.9%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.05 a share, in 10 years, the latest the year to Mar 2026.
Ex-dateTypePer share
28 Aug 2026Final₹0.05
19 Sep 2025Final₹0.05
17 Sep 2024Final₹0.05
15 Sep 2023Final₹0.05
22 Sep 2022Final₹0.05
22 Sep 2021Final₹0.05
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Veritas (India) share price by year

Each calendar year to 2025.Veritas (India) share price history

YearClose at year endChangeHighest closeLowest close
2025170.60−80.3%879.55167.30
2024866.80+61.5%1,557.65494.90
2023536.70+165.5%536.70135.60
2022202.15+98.5%202.15103.85
2021101.85+89.5%183.8544.80
202053.75+102.8%53.7525.10
201926.50−59.1%69.9526.50
201864.75−57.7%192.7562.30
2017153.05+14.6%209.10115.65
2016133.50+4.3%147.7098.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 2026147.65147.70143.20147.70147.554,029
22 Oct 2026144.80144.85142.00144.85143.672,280
21 Oct 2026140.00142.05139.30142.05141.731,907
19 Oct 2026138.50139.30138.50139.30138.941,919
16 Oct 2026136.25138.70134.00136.60138.006,619
15 Oct 2026137.00139.00136.20136.25137.96895
14 Oct 2026137.50138.00133.55137.00136.823,819
13 Oct 2026136.00139.90134.85136.00135.345,137
12 Oct 2026138.00140.50137.35137.60137.773,654
9 Oct 2026140.00142.05136.55140.15138.242,190
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
28 Jun 2010Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Veritas (India) Limited
BSE code
512229
ISIN
INE379J01029
Industry
Chemicals & Petrochemicals
Listed
Oct 1985
Face value
₹1
CIN
L23209MH1985PLC035702
Corporate identity number, the registrar of companies' code for it