Veritaas Advertising Ltd
Incorporated in 2018, Veritaas Advertising
Ltd is a marketing and advertising agency[1]
- Market Cap ₹ 9.40 Cr.
- Current Price ₹ 33.3
- High / Low ₹ 74.9 / 33.1
- Stock P/E 5.25
- Book Value ₹ 48.2
- Dividend Yield 0.00 %
- ROCE 17.2 %
- ROE 14.1 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.69 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 | 11.34 | |
| Operating Profit | 0.24 | 0.33 | 0.93 | 3.05 | 3.50 | 3.41 |
| OPM % | 10.43% | 9.79% | 12.00% | 29.47% | 23.09% | 23.12% |
| 0.04 | 0.02 | 0.12 | 0.01 | 0.20 | 1.52 | |
| Interest | 0.01 | 0.14 | 0.14 | 0.26 | 0.48 | 0.88 |
| 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: | -55% |
| 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 | 4.99 | |
| Total Liabilities | 1.52 | 2.69 | 5.29 | 9.83 | 22.68 | 26.94 |
| 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 | 18.58 | |
| Total Assets | 1.52 | 2.69 | 5.29 | 9.83 | 22.68 | 26.94 |
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 | 1.42 | |
| -0.02 | -0.11 | -0.85 | -4.01 | -8.53 | -3.06 | |
| 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 | -0.35 | 0.95 |
| CFO/OP | 38% | -91% | 70% | 81% | -7% | 58% |
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 | 53.43 |
| Days Payable | 171.33 | 263.12 | 208.42 | 215.65 | ||
| Cash Conversion Cycle | 222.17 | 177.63 | -36.51 | -110.83 | -20.15 | -4.84 |
| Working Capital Days | 26.98 | 6.50 | 9.89 | 1.06 | -21.67 | 2.23 |
| ROCE % | 41.10% | 47.23% | 65.59% | 22.37% | 17.23% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Permanent Employees on Rolls count |
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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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| Revenue from Other Miscellaneous Advertising Services INR lakhs |
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| Number of Cities with Pole Kiosk Operations count |
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| Number of States with Police Booth Operations count |
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Extracted by Screener AI
Documents
Announcements
-
Shareholders meeting
- 8th AGM voting results: all 3 resolutions passed on August 12, 2026, including auditor appointment.
-
Shareholders meeting
- Veritaas Advertising held 8th AGM on August 12, 2026; shareholders considered FY26 results, director reappointment, auditor vacancy.
-
Copy of Newspaper Publication
- Published 8th AGM notice and e-voting details in newspapers; AGM on August 12, 2026.
-
Copy of Newspaper Publication
- Newspaper publication on 20 July 2026 for Veritaas Advertising's 8th AGM and e-voting details.
-
Shareholders meeting
- 8th AGM on August 12, 2026; approves accounts, reappoints Debojyoti Banerjee, appoints 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