Veritaas Advertising Ltd
Incorporated in 2018, Veritaas Advertising
Ltd is a marketing and advertising agency[1]
- Market Cap ₹ 15.1 Cr.
- Current Price ₹ 53.4
- High / Low ₹ 86.6 / 35.9
- Stock P/E 10.8
- Book Value ₹ 44.5
- Dividend Yield 0.00 %
- ROCE 22.4 %
- ROE 19.1 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.20 times its book value
- 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
* 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 | TTM | |
|---|---|---|---|---|---|---|
| 2.30 | 3.37 | 7.75 | 10.35 | 15.16 | 15.45 | |
| 2.06 | 3.04 | 6.82 | 7.30 | 11.66 | 11.20 | |
| Operating Profit | 0.24 | 0.33 | 0.93 | 3.05 | 3.50 | 4.25 |
| OPM % | 10.43% | 9.79% | 12.00% | 29.47% | 23.09% | 27.51% |
| 0.04 | 0.02 | 0.12 | 0.01 | 0.20 | 0.23 | |
| Interest | 0.01 | 0.14 | 0.14 | 0.26 | 0.48 | 0.67 |
| Depreciation | 0.00 | 0.05 | 0.24 | 0.42 | 1.09 | 1.61 |
| Profit before tax | 0.27 | 0.16 | 0.67 | 2.38 | 2.13 | 2.20 |
| Tax % | 25.93% | 31.25% | 35.82% | 28.57% | 30.52% | |
| 0.20 | 0.13 | 0.43 | 1.70 | 1.48 | 1.39 | |
| EPS in Rs | 200.00 | 14.44 | 47.78 | 8.18 | 5.24 | 4.92 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 65% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 125% |
| TTM: | -20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 34% |
| Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| 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 | 9.75 |
| 0.00 | 0.75 | 1.34 | 2.17 | 5.68 | 7.66 | |
| 1.27 | 1.48 | 3.07 | 4.00 | 5.17 | 5.09 | |
| Total Liabilities | 1.52 | 2.69 | 5.29 | 9.83 | 22.68 | 25.32 |
| 0.02 | 0.08 | 0.69 | 2.74 | 6.23 | 7.54 | |
| CWIP | 0.00 | 0.00 | 0.00 | 1.55 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1.50 | 2.61 | 4.60 | 5.54 | 16.45 | 17.78 | |
| Total Assets | 1.52 | 2.69 | 5.29 | 9.83 | 22.68 | 25.32 |
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 |
| Free Cash Flow | 0.03 | -0.51 | -0.47 | -1.73 | -4.06 |
| CFO/OP | 38% | -91% | 70% | 81% | -7% |
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 | 39.96 |
| Days Payable | 171.33 | 263.12 | 208.42 | ||
| Cash Conversion Cycle | 222.17 | 177.63 | -36.51 | -110.83 | -20.15 |
| Working Capital Days | 26.98 | 6.50 | 9.89 | 1.06 | -21.67 |
| ROCE % | 41.10% | 47.23% | 65.59% | 22.37% |
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
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General Updates
8 April 2026 - Veritaas Advertising clarifies April 8, 2026 share price movement is market-driven.
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Price movement
8 April 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
6 April 2026 - Veritaas says corporate governance provisions are not applicable for quarter ended March 31, 2026.
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General Updates
6 April 2026 - Promoters disclosed no encumbrance on company shares for FY2026.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
6 April 2026 - Submitted Regulation 74(5) depository confirmation certificate for quarter ended March 31, 2026.
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