Results Snapshot
Figures in Rs cr
Consolidate Annual Results
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Mar'19
Mar'18
Net Sales
3,854.53
2,163.22
2,131.48
1,876.27
2,036.85
1,875.70
1,679.32
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
3,854.53
2,163.22
2,131.48
1,876.27
2,036.85
1,875.70
1,679.32
Raw Material Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Purchase of Finished goods
3,594.49
1,941.53
2,029.82
1,673.94
1,744.09
1,850.75
1,573.59
(Increase) / Decrease In Stocks
1.79
34.96
-78.47
-0.21
120.55
-105.97
19.31
Employee Cost
16.11
9.62
6.19
7.08
11.66
8.11
2.86
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.01
0.00
0.00
0.00
0.00
0.00
5.51
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
37.49
34.63
17.43
32.73
22.95
13.15
0.00
Total Expenditure (Excl Depreciation)
3,649.89
2,020.74
1,974.97
1,713.54
1,899.25
1,766.04
1,601.27
Operating Profit (PBDIT) excl Other Income
204.64
142.48
156.51
162.73
137.60
109.66
78.05
Other Income
56.90
4.74
0.39
4.26
49.71
12.25
1.05
Operating Profit (PBDIT)
261.54
147.22
156.90
166.99
187.31
121.91
79.09
Interest
31.12
17.27
19.15
24.28
34.75
50.57
7.24
Exceptional Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
230.42
129.95
137.75
142.71
152.56
71.34
71.85
Depreciation
42.54
34.43
31.96
31.80
30.12
24.88
0.66
Profit Before Tax
187.89
95.52
105.79
110.90
122.43
46.45
71.19
Tax
1.04
0.71
1.09
1.46
0.14
2.81
3.44
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
186.85
94.81
104.70
109.44
122.29
43.64
67.75
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
186.85
94.81
104.70
109.44
122.29
43.64
67.75
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
186.85
94.81
104.70
109.44
122.29
43.64
67.75
Equity Capital
2.68
2.68
2.68
2.68
2.68
2.68
2.68
Face Value
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Reserves
2,507.46
2,301.00
2,108.48
1,970.95
1,886.45
1,694.50
1,243.87
Earnings per share (EPS)
69.72
35.38
39.07
40.84
45.63
16.28
25.27
Diluted Earnings per share
69.69
35.36
39.05
40.82
45.61
16.28
25.27
Operating Profit Margin (Excl OI)
5.31%
6.59%
7.34%
8.67%
6.76%
5.85%
4.65%
Gross Profit Margin
5.98%
6.01%
6.46%
7.61%
7.49%
3.8%
4.28%
PAT Margin
4.85%
4.38%
4.91%
5.83%
6.0%
2.33%
4.03%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2024 is 78.18% vs 1.49% in Mar 2023
Consolidate Net Profit
YoY Growth in year ended Mar 2024 is 97.08% vs -9.45% in Mar 2023
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2024 is 43.63% vs -8.96% in Mar 2023
Interest
YoY Growth in year ended Mar 2024 is 80.20% vs -9.82% in Mar 2023
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2024 has fallen from Mar 2023
Compare Annual Results Of Veritas (India) With
Figures in Rs cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
3,854.53
1,527.72
2,326.81
152.31%
Other Operating Income
0.00
0.00
0.00
Total Operating income
3,854.53
1,527.72
2,326.81
152.31%
Raw Material Cost
0.00
686.94
-686.94
-100.00%
Purchase of Finished goods
3,594.49
620.46
2,974.03
479.33%
(Increase) / Decrease In Stocks
1.79
-9.89
11.68
118.10%
Employee Cost
16.11
70.03
-53.92
-77.00%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
0.01
0.00
0.01
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
37.49
81.48
-43.99
-53.99%
Total Expenditure (Excl Depreciation)
3,649.89
1,449.02
2,200.87
151.89%
Operating Profit (PBDIT) excl Other Income
204.64
78.70
125.94
160.03%
Other Income
56.90
18.42
38.48
208.90%
Operating Profit (PBDIT)
261.54
97.12
164.42
169.30%
Interest
31.12
7.96
23.16
290.95%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
230.42
89.16
141.26
158.43%
Depreciation
42.54
17.65
24.89
141.02%
Profit Before Tax
187.89
71.52
116.37
162.71%
Tax
1.04
19.33
-18.29
-94.62%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
186.85
52.19
134.66
258.02%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
186.85
52.19
134.66
258.02%
Share in Profit of Associates
0.00
4.57
-4.57
-100.00%
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
186.85
56.76
130.09
229.19%
Equity Capital
2.68
85.86
-83.18
-96.88%
Face Value
1.00
10.00
0.00
Reserves
2,507.46
340.62
2,166.84
636.15%
Earnings per share (EPS)
69.72
6.61
63.11
954.77%
Diluted Earnings per share
69.69
6.62
63.07
952.72%
Operating Profit Margin (Excl OI)
5.31%
5.15%
0.00
0.16%
Gross Profit Margin
5.98%
5.84%
0.00
0.14%
PAT Margin
4.85%
3.72%
0.00
1.13%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 3,854.53 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 78.18% vs 1.49% in Mar 2023
Annual - Consolidate Net Profit
Consolidate Net Profit 186.85 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 97.08% vs -9.45% in Mar 2023
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 204.64 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 43.63% vs -8.96% in Mar 2023
Annual - Interest
Interest 31.12 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 80.20% vs -9.82% in Mar 2023
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 5.31%
in Mar 2024Figures in Rs %
YoY Growth in year ended Mar 2024 has fallen from Mar 2023