Veritas (India) (512229)
Slow GrowerFairStock Score: 8/100 — RISKY
Score breakdown: P/E: 2/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹1,036 |
| Market Cap | ₹2,834.07 Cr |
| P/E Ratio | 13.45 |
| ROCE | 5.35% |
| ROE | 2.24% |
| Dividend Yield | 0.03% |
| Profit Growth | -63.65% |
| Debt/Equity | — |
| Sales Growth | -39.86% |
| 52-Week Range | ₹132.2 — ₹1,036 |
| Sector | Commercial Services & Supplies |
| Book Value | ₹75.63 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
Let me start with the question I always ask: what kind of business am I buying, and what return is it generating on capital? Veritas (India) is a trading and distribution company. That business itself rarely gives me a durable moat unless it has unique contracts or pricing power—none of which I can see here. The price is ₹1,036, the market cap is ₹2,834 Cr, yet the company earns only 2.24% on equity and 5.35% on capital employed. Paying 13.7 times book value for that level of return is not value investing; it is hope. Benjamin Graham taught me to look for margin of safety. I see a high price and very thin margins of safety.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer