VERITAS.BO
Price:
$196.3
Market Cap:
$5.26B
Veritas (India) Ltd. is engaged in the business of imports, export, trading and distribution of chemicals and metals. It focuses on international trade & distribution of chemicals petrochemicals, polymers, paper & paper boards, rubber, heavy distillates. The firm operates its business through following segments: Trading, Development of Software and Distribution, and Wind Power Generation. The company was founded on March 21, 1985 and is headquartered in Mumbai, India.
Industry
Industrial - Distribution
IPO Date
2008-05-26
Stock Exchange
BSE
Ticker
VERITAS.BO
According to Veritas (India) Limited’s latest financial reports and current stock price. The company's current ROE is 3.40%. This represents a change of 297.64% compared to the average of 0.86% of the last 4 quarters.
The mean historical ROE of Veritas (India) Limited over the last ten years is 5.21%. The current 3.40% ROE has changed -34.65% with respect to the historical average. Over the past ten years (40 quarters), VERITAS.BO's ROE was at its highest in in the December 2023 quarter at 4.02%. The ROE was at its lowest in in the March 2025 quarter at -0.04%.
Average
5.21%
Median
5.42%
Minimum
2.56%
Maximum
7.44%
Discovering the peaks and valleys of Veritas (India) Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 152.40%
Maximum Annual ROE = 7.44%
Minimum Annual Increase = -52.82%
Minimum Annual ROE = 2.56%
| Year | ROE | Change |
|---|---|---|
| 2025 | 4.26% | -42.77% |
| 2024 | 7.44% | 80.86% |
| 2023 | 4.12% | -17.01% |
| 2022 | 4.96% | -10.57% |
| 2021 | 5.55% | -14.34% |
| 2020 | 6.47% | 152.40% |
| 2019 | 2.56% | -52.82% |
| 2018 | 5.44% | -7.36% |
| 2017 | 5.87% | 8.43% |
| 2016 | 5.41% | 15.30% |
The current ROE of Veritas (India) Limited (VERITAS.BO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.27%
5-year avg
5.26%
10-year avg
5.21%
Veritas (India) Limited’s ROE is less than Mercury Ev-Tech Ltd. (4.96%), less than Black Rose Industries Limited (13.87%), less than Shri Jagdamba Polymers Limited (18.38%), less than Jaiprakash Associates Limited (31.68%), less than RMC Switchgears Limited (34.59%), less than Axtel Industries Limited (12.89%), less than Transindia Real Estate Limited (4.53%), greater than JITF Infralogistics Limited (-6.56%), less than Prakash Pipes Limited (15.92%), less than Dreamfolks Services Limited (24.55%),
| Company | ROE | Market cap |
|---|---|---|
| 4.96% | $7.20B | |
| 13.87% | $5.03B | |
| 18.38% | $5.94B | |
| 31.68% | $9.82B | |
| 34.59% | $5.04B | |
| 12.89% | $7.61B | |
| 4.53% | $6.22B | |
| -6.56% | $7.52B | |
| 15.92% | $5.62B | |
| 24.55% | $6.06B |
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What is the 5-year average ROE for Veritas (India) Limited (VERITAS.BO)?
How does the current ROE for Veritas (India) Limited (VERITAS.BO) compare to its historical average?