Veritaas Advertising Ltd
Incorporated in 2018, Veritaas Advertising
Ltd is a marketing and advertising agency[1]
- Market Cap ₹ 12.9 Cr.
- Current Price ₹ 45.6
- High / Low ₹ 86.6 / 35.9
- Stock P/E 7.19
- Book Value ₹ 48.2
- Dividend Yield 0.00 %
- ROCE 17.0 %
- ROE 14.1 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.95 times its book value
- Promoter holding has increased by 1.61% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.1.52 Cr.
- Company has high debtors of 157 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.
Peer comparison
Consumer Discretionary Media, Entertainment & Publication Media Advertising & Media Agencies
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 2.30 | 3.37 | 7.75 | 10.35 | 15.16 | 14.75 | |
| 2.06 | 3.04 | 6.82 | 7.30 | 11.66 | 11.38 | |
| Operating Profit | 0.24 | 0.33 | 0.93 | 3.05 | 3.50 | 3.37 |
| OPM % | 10.43% | 9.79% | 12.00% | 29.47% | 23.09% | 22.85% |
| 0.04 | 0.02 | 0.12 | 0.01 | 0.20 | 1.52 | |
| Interest | 0.01 | 0.14 | 0.14 | 0.26 | 0.48 | 0.84 |
| Depreciation | 0.00 | 0.05 | 0.24 | 0.42 | 1.09 | 1.53 |
| Profit before tax | 0.27 | 0.16 | 0.67 | 2.38 | 2.13 | 2.52 |
| Tax % | 25.93% | 31.25% | 35.82% | 28.57% | 30.52% | 28.57% |
| 0.20 | 0.13 | 0.43 | 1.70 | 1.48 | 1.79 | |
| EPS in Rs | 200.00 | 14.44 | 47.78 | 8.18 | 5.24 | 6.34 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 45% |
| 3 Years: | 24% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 55% |
| 3 Years: | 61% |
| TTM: | 21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -46% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 22% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.09 | 0.09 | 2.08 | 2.82 | 2.82 |
| Reserves | 0.24 | 0.37 | 0.79 | 1.58 | 9.01 | 10.80 |
| 0.00 | 0.75 | 1.34 | 2.17 | 5.68 | 8.33 | |
| 1.27 | 1.48 | 3.07 | 4.00 | 5.17 | 4.98 | |
| Total Liabilities | 1.52 | 2.69 | 5.29 | 9.83 | 22.68 | 26.93 |
| 0.02 | 0.08 | 0.69 | 2.74 | 6.23 | 7.99 | |
| CWIP | 0.00 | 0.00 | 0.00 | 1.55 | 0.00 | 0.26 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 |
| 1.50 | 2.61 | 4.60 | 5.54 | 16.45 | 18.57 | |
| Total Assets | 1.52 | 2.69 | 5.29 | 9.83 | 22.68 | 26.93 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 0.05 | -0.40 | 0.38 | 2.29 | -1.03 | 1.11 | |
| -0.02 | -0.11 | -0.85 | -4.01 | -8.53 | -2.75 | |
| 0.00 | 0.80 | 0.46 | 1.66 | 9.75 | 1.81 | |
| Net Cash Flow | 0.02 | 0.30 | -0.02 | -0.07 | 0.18 | 0.17 |
| Free Cash Flow | 0.03 | -0.51 | -0.47 | -1.73 | -4.06 | -2.44 |
| CFO/OP | 38% | -91% | 70% | 81% | -7% | 50% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 222.17 | 177.63 | 133.75 | 128.37 | 148.31 | 157.38 |
| Inventory Days | 0.00 | 0.00 | 1.06 | 23.92 | 39.96 | 50.32 |
| Days Payable | 171.33 | 263.12 | 208.42 | 203.11 | ||
| Cash Conversion Cycle | 222.17 | 177.63 | -36.51 | -110.83 | -20.15 | 4.59 |
| Working Capital Days | 26.98 | 6.50 | 9.89 | 1.06 | -21.67 | 4.95 |
| ROCE % | 41.10% | 47.23% | 65.59% | 22.37% | 17.03% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Capital Work in Progress - Police Booths (Intangible Assets) INR Lakhs |
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| Number of Permanent Employees Number |
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| Revenue from Display, Signage & Branding INR Lakhs |
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| Revenue from Event Management INR Lakhs |
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| Number of Installed Police Booths Number |
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| Order Book INR Crores |
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Extracted by Screener AI
Documents
Announcements
-
Disclosure under SEBI Takeover Regulations
2 June 2026 - Promoters disclosed no encumbrance on company shares for year ended 31 March 2026.
-
Statement of deviation(s) or variation(s) under Reg. 32
13 May 2026 - FY26 audited results approved; statutory auditor resigned, new auditor appointed, internal auditor named.
-
Resignation of Statutory Auditor
13 May 2026 - Veritaas Advertising Limited has informed about Resignation of Statutory Auditor
-
Outcome of Board Meeting
13 May 2026 - Approved FY26 audited results; profit rose to ₹179.37 lakh. Statutory auditor resigned, replacement appointed.
-
Resignation of Statutory Auditor
13 May 2026 - Veritaas Advertising Limited has informed about Resignation of Statutory Auditor
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