V

Veritas (India) Ltd
BSE:512229

Watchlist Manager
Veritas (India) Ltd
BSE:512229
Watchlist
Price: 137.6 INR -1.99% Market Closed
Market Cap: ₹3.7B

Gross Margin

4.5%
Current
Declining
by 2.2%
vs 3-y average of 6.6%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
4.5%
=
Gross Profit
₹1.5B
/
Revenue
₹33.7B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
4.5%
=
Gross Profit
₹1.5B
/
Revenue
₹33.7B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Veritas (India) Ltd
BSE:512229
3.7B INR
Loading...
JP
Mitsubishi Corp
TSE:8058
21.4T JPY
Loading...
JP
Mitsui & Co Ltd
TSE:8031
18T JPY
Loading...
JP
Itochu Corp
TSE:8001
16.3T JPY
Loading...
JP
Marubeni Corp
TSE:8002
9.5T JPY
Loading...
US
Fastenal Co
NASDAQ:FAST
51.6B USD
Loading...
US
W W Grainger Inc
NYSE:GWW
50.1B USD
Loading...
US
WW Grainger Inc
XMUN:GWW
43.5B EUR
Loading...
US
United Rentals Inc
NYSE:URI
46.3B USD
Loading...
JP
Sumitomo Corp
TSE:8053
7T JPY
Loading...
US
Ferguson Enterprises Inc
NYSE:FERG
43.8B USD
Loading...

Market Distribution

Lower than 95% of companies in India
Percentile
5th
Based on 4 996 companies
5th percentile
4.5%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Veritas (India) Ltd
Glance View

Veritas (India) Ltd. is engaged in the business of imports, export, trading and distribution of chemicals and metals. The company is headquartered in Mumbai, Maharashtra and currently employs 30 full-time employees. The company went IPO on 2009-03-18. The firm is engaged in the business of international trade and distribution of polymers, paper and paper boards, rubber, heavy distillates, chemicals, development of software and agricultural activities, among others. Its segments include Distribution & Development, Power Generations, Manufacturing and Warehousing. Its software products include EasyBill and Veridoc. EasyBill is a window-based software for retail traders who undergo the task of generating invoices. This software is designed with a one-screen concept. The one screen helps in entering data for generating invoices and gives complete details of the customer's account. Veridoc is a document management software that helps to store, access, manage, control, and track digital documents. The company is also engaged in the generation of wind energy. Its subsidiaries include Veritas International FZE, Veritas Agro Ventures Private Limited, GV Offshore Private limited and others.

VERITAS Intrinsic Value
496.77 INR
Undervaluation 72%
Intrinsic Value
Price
V
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
4.5%
=
Gross Profit
₹1.5B
/
Revenue
₹33.7B
What is Veritas (India) Ltd's current Gross Margin?

The current Gross Margin for Veritas (India) Ltd is 4.5%, which is below its 3-year median of 6.6%.

How has Gross Margin changed over time?

Over the last 3 years, Veritas (India) Ltd’s Gross Margin has decreased from 8.6% to 4.5%. During this period, it reached a low of 4.4% on Sep 30, 2025 and a high of 8.8% on Jun 30, 2023.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett