Veritaas Advertising Ltd
₹ 80.8
-2.00%
09 Jun
- close price
About
Incorporated in 2018, Veritaas Advertising
Ltd is a marketing and advertising agency[1]
Key Points
- Market Cap ₹ 22.8 Cr.
- Current Price ₹ 80.8
- High / Low ₹ 183 / 65.4
- Stock P/E 15.4
- Book Value ₹ 41.9
- Dividend Yield 0.00 %
- ROCE 22.1 %
- ROE 19.1 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.8%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 64.4 days to 97.5 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 2.30 | 3.37 | 7.75 | 10.35 | 15.16 | |
| 2.06 | 3.04 | 6.82 | 7.30 | 11.69 | |
| Operating Profit | 0.24 | 0.33 | 0.93 | 3.05 | 3.47 |
| OPM % | 10.43% | 9.79% | 12.00% | 29.47% | 22.89% |
| 0.04 | 0.02 | 0.12 | 0.01 | 0.20 | |
| Interest | 0.01 | 0.14 | 0.14 | 0.26 | 0.45 |
| Depreciation | 0.00 | 0.05 | 0.24 | 0.42 | 1.09 |
| Profit before tax | 0.27 | 0.16 | 0.67 | 2.38 | 2.13 |
| Tax % | 25.93% | 31.25% | 35.82% | 28.57% | 30.52% |
| 0.20 | 0.13 | 0.43 | 1.70 | 1.48 | |
| EPS in Rs | 200.00 | 14.44 | 47.78 | 8.18 | 5.24 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 65% |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 125% |
| TTM: | -13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -38% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.09 | 0.09 | 2.08 | 2.82 |
| Reserves | 0.24 | 0.37 | 0.79 | 1.58 | 9.01 |
| 0.00 | 0.75 | 1.34 | 2.17 | 5.68 | |
| 1.27 | 1.48 | 3.07 | 3.99 | 5.17 | |
| Total Liabilities | 1.52 | 2.69 | 5.29 | 9.82 | 22.68 |
| 0.02 | 0.08 | 0.69 | 2.74 | 6.23 | |
| CWIP | 0.00 | 0.00 | 0.00 | 1.55 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1.50 | 2.61 | 4.60 | 5.53 | 16.45 | |
| Total Assets | 1.52 | 2.69 | 5.29 | 9.82 | 22.68 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0.05 | -0.40 | 0.38 | 2.29 | -1.03 | |
| -0.02 | -0.11 | -0.85 | -4.01 | -8.53 | |
| 0.00 | 0.80 | 0.46 | 1.66 | 9.75 | |
| Net Cash Flow | 0.02 | 0.30 | -0.02 | -0.07 | 0.18 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 222.17 | 177.63 | 133.75 | 128.37 | 148.31 |
| Inventory Days | 0.00 | 0.00 | 1.06 | 23.92 | 37.67 |
| Days Payable | 171.33 | 263.12 | 196.50 | ||
| Cash Conversion Cycle | 222.17 | 177.63 | -36.51 | -110.83 | -10.52 |
| Working Capital Days | 26.98 | 75.82 | 52.28 | 43.38 | 97.51 |
| ROCE % | 41.10% | 47.23% | 65.59% | 22.11% |
Documents
Announcements
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
2 June 2025 - VERITAAS ADVERTISING LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Demise
2 June 2025 - Veritaas Advertising Limited has informed regarding Demise of Mr SRIYANS LUNIA , Independent Director of the company on May 31, 2025.
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
31 May 2025 - VERITAAS ADVERTISING LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Statement of deviation(s) or variation(s) under Reg. 32
30 May 2025 - IPO fund utilization report showing Rs.723 lakh allocated, Rs.484.40 lakh utilized, unutilized funds in FDs.
-
Outcome of Board Meeting
30 May 2025 - Veritaas Advertising reports audited FY25 results; profit Rs147.31L; IPO proceeds partly utilized, balance in fixed deposits.
Business Overview:[1]
a) VAL is in the business of consultancy of advertising, publicity, public relations, press relations and mass communication in consumer market, industrial, sociological and advertising research, graphic designing including product packaging exhibition, designing, photography, photo type setting computerised desktop publish printing, lithowork and manufacturing advertising objects, novelties, packaging and other advertising materials
b) It is in the business of advertisement and publicity agents and contractors including outdoor and in door, digital, newspapers and magazines, books, screens, slides, walls, buses, railways, other transport vehicles and public places, audio visual display
c) Company prepares, advice, manufactures
and constructs advertising devices and to
publish or advertise the same through any
media whatsoever