Pay to Marwadi

Company Profile

VERITAS (INDIA) LTD.

NSE : NABSE : 512229ISIN CODE : INE379J01029Industry : TradingHouse : Private
BSE1346.1526.35 (+2 % )
PREV CLOSE (Rs.) 1319.80
OPEN PRICE (Rs.) 1346.15
BID PRICE (QTY) 1346.15 (5530 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2019
TODAY'S LOW / HIGH (Rs.)1346.15 1346.15
52 WK LOW / HIGH (Rs.) 152.5 1588
NSE
This Company is not listed in NSE

Profit & Loss

(Rs in Million)
Particulars Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019
INCOME :               
Gross Sales 21632.24 21314.79 18762.68 20368.46 18757.02
     Sales 21630.66 21312.36 18759.24 20361.81 18749.23
     Job Work/ Contract Receipts NA NA NA NA NA
     Processing Charges / Service Income NA NA 0.88 NA NA
     Revenue from property development NA NA NA NA NA
     Other Operational Income 1.58 2.43 2.56 6.65 7.80
Less: Excise Duty NA NA NA NA NA
Net Sales 21632.24 21314.79 18762.68 20368.46 18757.02
EXPENDITURE : NA NA NA NA NA
Increase/Decrease in Stock 349.64 -784.67 -2.06 1205.51 -1059.74
Raw Material Consumed 19415.31 20298.21 16739.38 17440.91 18507.54
     Opening Raw Materials NA NA NA NA NA
     Purchases Raw Materials NA NA NA NA NA
     Closing Raw Materials NA NA NA NA NA
     Other Direct Purchases / Brought in cost 19415.31 20298.21 16739.38 17440.91 18507.54
     Other raw material cost 0.00 0.00 0.00 0.00 0.00
Power & Fuel Cost 0.82 0.70 0.63 0.58 0.51
     Electricity & Power 0.82 0.70 0.63 0.58 0.51
     Oil, Fuel & Natural gas 0.00 0.00 0.00 0.00 0.00
     Coals etc 0.00 0.00 0.00 0.00 0.00
     Other power & fuel 0.00 0.00 0.00 0.00 0.00
Employee Cost 96.22 61.92 70.81 116.60 46.19
     Salaries, Wages & Bonus 94.80 61.19 70.13 116.03 45.75
     Contributions to EPF & Pension Funds 1.43 0.69 0.67 0.54 0.44
     Workmen and Staff Welfare Expenses 0.00 0.03 0.01 0.03 0.00
     Other Employees Cost 0.00 0.00 0.00 0.00 0.00
Other Manufacturing Expenses 38.08 18.37 23.26 26.36 9.90
     Sub-contracted / Out sourced services NA NA NA NA NA
     Processing Charges NA NA NA NA NA
     Repairs and Maintenance 38.08 18.37 23.26 26.36 9.90
     Packing Material Consumed NA NA NA NA NA
     Other Mfg Exp 0.00 0.00 0.00 0.00 0.00
General and Administration Expenses 208.12 134.24 64.94 100.55 107.59
     Rent , Rates & Taxes 6.01 0.78 4.13 2.75 4.79
     Insurance 46.12 34.32 38.14 35.18 18.73
     Printing and stationery 0.21 0.37 0.12 0.14 1.53
     Professional and legal fees 19.61 19.77 15.11 22.89 24.30
     Traveling and conveyance 3.22 3.73 1.59 2.37 2.78
     Other Administration 132.95 75.27 5.84 37.23 55.46
Selling and Distribution Expenses 1.46 3.57 125.14 2.71 6.42
     Advertisement & Sales Promotion 0.93 0.58 3.38 1.14 0.65
     Sales Commissions & Incentives NA NA NA NA NA
     Freight and Forwarding NA NA 118.27 NA NA
     Handling and Clearing Charges 0.00 0.00 0.00 0.00 0.00
     Other Selling Expenses 0.54 2.99 3.49 1.57 5.77
Miscellaneous Expenses 99.73 36.62 126.11 99.27 42.04
     Bad debts /advances written off NA 1.20 105.29 8.00 6.51
     Provision for doubtful debts 6.27 2.04 NA NA NA
     Losson disposal of fixed assets(net) NA NA NA 6.20 NA
     Losson foreign exchange fluctuations 73.49 NA 0.08 50.81 1.45
     Losson sale of non-trade current investments NA NA 0.25 1.42 5.63
     Other Miscellaneous Expenses 19.98 33.38 20.49 32.85 28.44
Less: Expenses Capitalised NA NA NA NA NA
Total Expenditure 20209.38 19768.94 17148.21 18992.49 17660.45
Operating Profit (Excl OI) 1422.86 1545.85 1614.46 1375.97 1096.58
Other Income 49.33 23.21 55.42 497.05 122.50
     Interest Received 0.14 0.03 0.02 0.25 19.16
     Dividend Received NA NA NA NA NA
     Profit on sale of Fixed Assets NA NA NA NA NA
     Profits on sale of Investments NA NA NA NA 0.02
     Provision Written Back NA NA 9.94 NA NA
     Foreign Exchange Gains 0.00 4.48 8.35 NA 59.85
     Others 49.19 18.70 37.11 496.80 43.48
Operating Profit 1472.19 1569.06 1669.88 1873.02 1219.07
Interest 172.71 191.52 242.83 347.53 505.73
     InterestonDebenture / Bonds NA NA NA NA NA
     Interest on Term Loan 146.61 161.51 216.78 323.31 401.10
     Intereston Fixed deposits NA NA NA 21.99 0.23
     Bank Charges etc 0.70 0.52 0.35 1.92 12.15
     Other Interest 25.40 29.49 25.71 0.31 92.26
PBDT 1299.48 1377.54 1427.05 1525.49 713.34
Depreciation 344.26 319.65 318.03 301.20 248.81
Profit Before Taxation & Exceptional Items 955.22 1057.89 1109.02 1224.29 464.53
Exceptional Income / Expenses NA NA NA NA NA
Profit Before Tax 955.22 1057.89 1109.02 1224.29 464.53
Provision for Tax 7.10 10.92 14.60 1.42 29.30
     Current Income Tax 7.90 13.62 18.93 21.39 29.14
     Deferred Tax -0.81 -2.70 3.68 -14.97 0.15
     Other taxes 0.00 0.00 -8.01 -5.00 0.00
Profit After Tax 948.13 1046.97 1094.42 1222.87 435.23
Extra items 0.00 0.00 0.00 0.00 0.00
Minority Interest NA NA NA NA NA
Share of Associate NA NA NA NA NA
Other Consolidated Items NA NA NA NA NA
Consolidated Net Profit 948.13 1046.97 1094.42 1222.87 435.23
Adjustments to PAT NA NA NA NA NA
Profit Balance B/F 6856.26 5810.64 4725.57 3511.49 3070.85
Appropriations 7804.39 6857.60 5819.99 4734.36 3506.08
     General Reserves NA NA NA NA NA
     Proposed Equity Dividend NA NA NA NA NA
     Corporate dividend tax NA NA NA NA NA
     Other Appropriation 1.34 1.34 9.35 8.79 -5.41
Equity Dividend % 5.00 5.00 5.00 5.00 5.00
Earnings Per Share 35.36 39.05 40.82 45.61 16.23
Adjusted EPS 35.36 39.05 40.82 45.61 16.23