Veritas (India) Limited trades in and distributes chemicals, such as polymers, paper and paper boards, rubber products, heavy distillates, and petrochemicals in India and internationally. It also trades in and distributes metals and minerals, petroleum, and fertilizers. In addition, the company offers logistics services; and generates wind energy. Further, it develops IT and software products comprising Veridoc, a document management system; and EasyBill, a billing management software that generates invoices. The company was formerly known as Duroflex Engineering Limited and changed its name to Veritas (India) Limited in April 2009. The company was incorporated in 1985 and is based in Mumbai, India. Veritas (India) Limited is a subsidiary of Swan Energy Limited.
Metrics to compare | VERI | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipVERIPeersSector | |
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P/E Ratio | 12.7x | 43.8x | 11.8x | |
PEG Ratio | 0.18 | 0.13 | 0.03 | |
Price/Book | 1.0x | 1.4x | 1.4x | |
Price / LTM Sales | 0.6x | 4.4x | 1.2x | |
Upside (Analyst Target) | - | 0.0% | 20.1% | |
Fair Value Upside | Unlock | −2.5% | 6.1% | Unlock |