Veritaas Advertising Ltd
₹ 109
-5.00%
08 Jan
- close price
About
Incorporated in 2018, Veritaas Advertising
Ltd is a marketing and advertising agency[1]
Key Points
- Market Cap ₹ 30.8 Cr.
- Current Price ₹ 109
- High / Low ₹ 289 / 109
- Stock P/E 17.7
- 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
10 January 2025 - Veritaas Advertising Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Q_ FY 20__-__
-
Reply to Clarification- Financial results
19 December 2024 - Exchange had sought clarification from Veritaas Advertising Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
-
Clarification - Financial Results
13 December 2024 - Exchange has sought clarification from Veritaas Advertising Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
-
Financial Result Updates
14 November 2024 - Veritaas Advertising Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Outcome of Board Meeting
14 November 2024 - Veritaas Advertising Limited has informed regarding Board meeting held on November 14, 2024.
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