What is CAGR? What does CAGR table indicate for Veritas (India) Ltd?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Veritas (India) Ltd Stock Analysis

Q: Is Veritas (India) Ltd a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Veritas (India) Ltd and arrived at the following conclusion.

Small Cap

Evaluated by 184 users | BSE: 512229 | NSE: |
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Veritas India, earlier known as Duroflex Engineering was engaged into the business of engineering goods. Duroflex Engineering changed its name to Veritas (India) in April 2009. The registered office of the company is situated at Mumbai, India.Business of the company:Veritas (India) engages in...

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis P

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

What is a Financial Track Record? How to read this chart in order to understand the data present here?

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Capital Employed	3.62%	7.08%	7.93%	6.13%	4.09%	6.03%	5.7%	4.67%	4.73%	7.57%

Growth Parameters	Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	210	307	340	403	506	452	534	525	612	543
Y-o-Y Gr. Rt.	-	46.1%	10.6%	18.6%	25.6%	-10.7%	18.2%	-1.7%	16.5%	-11.3%
Adjusted EPS (Rs.)	0.76	2.19	2.79	2.38	1.7	2.82	3.06	2.3	2.13	4.69
Y-o-Y Gr. Rt.	-	188.2%	27.4%	-14.7%	-28.6%	65.9%	8.5%	-24.8%	-7.4%	120.2%
Book Value per Share (Rs.)	31.64	33.83	36.57	42.79	46.36	54.32	57.45	58.17	61.73	64.53
Adjusted Net Profit	1.8	5.3	6.8	5.8	4.1	7.6	8.2	6.2	5.7	12.6
Net Op. Cash Flow (Rs. Cr.)	1.9	-20.1	-14.3	-27.5	-9.8	-6.1	7.8	72.4	63	130
Debt to Cash Flow from Ops	6.55	-0.75	-1.64	-0.76	-2.01	-4.24	2.22	0.15	0	0

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Veritas (India) Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

Veritas (India) Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	11.1%	1.4%	0.5%	-11.3%
Adjusted EPS	22.4%	22.5%	15.3%	120.2%
Book Value per Share	8.2	6.8	4	4.5
Share Price	-13.1%	-16.3%	-34.9%	65.2%

Key Financial Parameter	Performance Ratio Colour Code Guide

	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Equity (%)	2.44	6.68	7.94	6	3.8	5.87	5.48	3.98	3.56	7.43
Operating Profit Margin (%)	2.65	0.2	0.94	1.69	1.04	1.88	1.49	0.13	0.59	1.54
Net Profit Margin (%)	0.88	1.72	1.99	1.43	0.81	1.68	1.54	1.18	0.94	2.32
Debt to Equity	0.16	0.18	0.27	0.2	0.18	0.18	0.11	0.07	0	0
Working Capital Days	135	97	88	88	96	121	106	111	110	147
Cash Conversion Cycle	64	51	55	69	64	57	50	38	12	-127

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	65.23%
Institutions	9.70%
Non-Institutions	25.08%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

FAQs

1. Is Veritas (India) Ltd a good quality company?

Data is not available for this company.

2. Is current market price of Veritas (India) Ltd a good price to buy it?

The 5-year analysis of Veritas (India) Ltd's performance infers:

Veritas (India) Ltd earnings have grown by 22.5%, whereas share price has depreciated -16.3% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

3. What is Veritas (India) Ltd share price return in the past 10 years ?

We analysed the performance of Veritas (India) Ltd share prices over the last 10 years. Here is what we found out:

Veritas (India) Ltd share price has depreciated -15.1% annually over the past ten years.

About Company

Business of the company:

Veritas (India) engages in the imports, trading, and distribution of chemicals, metals, and machinery in India. It also involves in the generation of wind energy in

Business of the company:

Veritas (India) engages in the imports, trading, and distribution of chemicals, metals, and machinery in India. It also involves in the generation of wind energy in the states of Maharashtra and Tamil Nadu with a generation capacity of approximately 1800 KW.

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