Veritaas Advertising Ltd
₹ 79.3
-1.98%
16 Apr
- close price
About
Incorporated in 2018, Veritaas Advertising
Ltd is a marketing and advertising agency[1]
Key Points
- Market Cap ₹ 22.4 Cr.
- Current Price ₹ 79.3
- High / Low ₹ 289 / 70.2
- Stock P/E 12.9
- Book Value ₹ 45.9
- Dividend Yield 0.00 %
- ROCE 65.6 %
- ROE 74.9 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 68.6%
- Company's working capital requirements have reduced from 57.2 days to 43.4 days
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
Sector: Miscellaneous Industry: Miscellaneous
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 2.30 | 3.37 | 7.75 | 10.35 | 12.64 | |
| 2.06 | 3.04 | 6.82 | 7.30 | 9.48 | |
| Operating Profit | 0.24 | 0.33 | 0.93 | 3.05 | 3.16 |
| OPM % | 10.43% | 9.79% | 12.00% | 29.47% | 25.00% |
| 0.04 | 0.02 | 0.12 | 0.01 | 0.20 | |
| Interest | 0.01 | 0.14 | 0.14 | 0.26 | 0.32 |
| Depreciation | 0.00 | 0.05 | 0.24 | 0.42 | 0.55 |
| Profit before tax | 0.27 | 0.16 | 0.67 | 2.38 | 2.49 |
| Tax % | 25.93% | 31.25% | 35.82% | 28.57% | |
| 0.20 | 0.13 | 0.43 | 1.70 | 1.74 | |
| EPS in Rs | 200.00 | 14.44 | 47.78 | 8.18 | 7.33 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 65% |
| TTM: | 34% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 104% |
| TTM: | 295% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 69% |
| Last Year: | 75% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.09 | 0.09 | 2.08 | 2.82 |
| Reserves | 0.24 | 0.37 | 0.79 | 1.58 | 10.14 |
| 0.00 | 0.75 | 1.34 | 2.17 | 2.58 | |
| 1.27 | 1.48 | 3.07 | 3.99 | 3.84 | |
| Total Liabilities | 1.52 | 2.69 | 5.29 | 9.82 | 19.38 |
| 0.02 | 0.08 | 0.69 | 2.74 | 5.04 | |
| CWIP | 0.00 | 0.00 | 0.00 | 1.55 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1.50 | 2.61 | 4.60 | 5.53 | 14.34 | |
| Total Assets | 1.52 | 2.69 | 5.29 | 9.82 | 19.38 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 0.05 | -0.40 | 0.38 | 2.29 | |
| -0.02 | -0.11 | -0.85 | -4.01 | |
| 0.00 | 0.80 | 0.46 | 1.66 | |
| Net Cash Flow | 0.02 | 0.30 | -0.02 | -0.07 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 222.17 | 177.63 | 133.75 | 128.37 |
| Inventory Days | 0.00 | 0.00 | 1.06 | 23.92 |
| Days Payable | 171.33 | 263.12 | ||
| Cash Conversion Cycle | 222.17 | 177.63 | -36.51 | -110.83 |
| Working Capital Days | 26.98 | 75.82 | 52.28 | 43.38 |
| ROCE % | 41.10% | 47.23% | 65.59% |
Documents
Announcements
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
9 April 2025 - Veritaas exempt from SEBI corporate governance norms under SME listing criteria for Q4 FY25
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 April 2025 - Q4 FY2025 SEBI Reg 74(5) dematerialisation compliance certificate
-
Trading Window-XBRL
24 March 2025 - VERITAAS ADVERTISING LIMITED has informed about Closure of Trading Window
-
Trading Window
24 March 2025 - Trading window closure from April 1 until 48 hours after audited FY25 results
-
Outcome of Board Meeting
25 February 2025 - Appointment of internal and secretarial auditors for FY 2024-25.
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