Veritaas Advertising Ltd. NSE: VERITAAS

Veritaas Advertising Ltd. Live Share Price Today, Share Analysis and Chart

80.90 -1.65 (-2.00%)

71.98% Fall from 52W High

2,400 NSE Volume

NSE 09 Apr, 2025 3:31 PM (IST)

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Expensive Valuation
16.8 / 100
Technically Bearish
30.9 / 100

Veritaas Advertising Live Price Chart

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Veritaas Advertising Stock Analysis

Veritaas Advertising stock analysis with key metrics, changes, and trends.

Veritaas Advertising MetricVALUECHANGE %TRENDANALYSIS
Annual Revenue₹10.36 Cr31.67%positive

Annual Revenue rose 31.67%, in the last year to ₹10.36 Cr. Its sector's average revenue growth for the last fiscal year was 16.29%.

Annual Net Profit₹1.7 Cr287.08%positive

Annual Net Profit rose 287.08% in the last year to ₹1.7 Cr. Its sector's average net profit growth for the last fiscal year was -115.54%.

Price to Earning Ratio13.44-positive

Price to Earning Ratio is 13.44, lower than its sector PE ratio of 27.78.

Stock Price₹80.90-29.04%negative

Stock Price fell 29.04% and underperformed its sector by 31% in the past year.

Debt to Equity Ratio0.59-positive

Debt to Equity Ratio of 0.59 is less than 1 and healthy. This implies that its assets are financed mainly through equity.

Return on Equity(ROE)46.39 %46.39%positive

Return on Equity(ROE) for the last financial year was 46.39%, more than 20% in the last financial year, indicating an efficient use of shareholder's capital to generate profit.

Mutual Fund Holding0.00 %0%neutral

Mutual Fund Holding remained the same in the last quarter at 0%.

Promoter Share Holding65.36 %-neutral

Promoter Share Holding stayed the same in the most recent quarter at 65.36%.

Interest Coverage Ratio12.21-positive

Interest Coverage Ratio is 12.21, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).

Promoter Pledges0.00 %-positive

Promoter Pledges are zero.

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Earnings Conference Calls, Investor Presentations and Annual Reports

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Veritaas Advertising Ltd. - Company Profile

What does Veritaas Advertising Ltd. do?

Veritaas Advertising is carry on business of advertisement and publicity agents and contractors in various ways and manners including outdoor and in door, digital, newspapers, magazines, books, screens, slides, walls, buses, railways, other transport vehicles and public places, audio visual display and to prepare, advice, manufacture and construct advertising devices and to publish or advertise the same through any media whatsoever.

Website: www.veritaasadvertising.com

Veritaas Advertising Ltd. Management structure

All Gross Remunerations are in INR
Kundan Singh
CMO
1.33 Lac
2024-3-31
Gross Remuneration
Year
Tamasi Dey
Sales Manager
1.03 Lac
2024-3-31
Gross Remuneration
Year
Arindam Roy
Head(Creative)
54K
2024-3-31
Gross Remuneration
Year
Souparna Saha
Sales Manager
42K
2024-3-31
Gross Remuneration
Year
Dipankar Acharya
Sales Manager
42K
2024-3-31
Gross Remuneration
Year
Atul Kumar Mishra
Head(Accounts)
42K
2024-3-31
Gross Remuneration
Year

Veritaas Advertising Ltd. Board of directors

All Gross Remunerations are in INR
Mina Debnath
Non Executive Director
7.5 Lac
2024
Gross Remuneration
Year
Debojyoti Banerjee
Chairman & Managing Director
5 Lac
2024
Gross Remuneration
Year
Sangita Debnath
Whole-time Director
3.9 Lac
2024
Gross Remuneration
Year
Altab Uddin Kazi
Independent Director
-
2024
Gross Remuneration
Year
Shishir Bindu Nath
Independent Director
-
2024
Gross Remuneration
Year
Sriyans Lunia
Independent Director
-
2024
Gross Remuneration
Year

Veritaas Advertising Ltd. - company history

Veritaas Advertising Limited was incorporated on July 31, 2018 with the name `Veritaas Advertising Private Limited' dated August 1, 2018 issued by the Registrar of Companies, Central Registration Centre. Subsequently, Company got converted into a Public Limited Company as `Veritaas Advertising Limited' and a fresh Certificate of Incorporation dated February 1, 2024 was issued by the Registrar of Companies, West Bengal at Kolkata. Veritaas Advertising Limited are an integrated advertising agency having their own media, offering 360-degree services across multiple platforms. It operate/advertise in police booths and outdoor hoardings, which reduces their dependence on third parties and enables them in offering integrated services. The Company provide high-end ecosystem and end-to-end communication solutions platform for advertising media services consisting of Brand Strategy, Events, Outdoor (OOH) Media services which covers ad modes such as police booth hoardings, Newspapers insertion, Brochures, and display of Outdoor Hoardings, etc. The Company commenced the business in 2019. As the few agencies, it claim to be a fully integrated in providing advertising and marketing solutions from creating a brand strategy, curating content, designing marketing material, printing banners and other marketing materials and offering advertisement spaces. In order to become truly independent, it has set up a workshop at Vill- Ramchandrapur, P.O.& P.S. Narendrapur, in Kolkata, wherein it undertake printing of banner, brochure and other advertising and marketing materials including fabrication of police booths. Apart from this, it executed project in West Bengal, Meghalaya, Assam, Delhi, Jharkhand, Mumbai and Pune. Their end-to-end solutions and integrated services enabled in inculcating a horizontal marketing approach in business operations. The consistent efforts and specialised services helped in achieving a mix of clientele spread across industries inter alia, electronic, automobile, fast moving consumer goods, lifestyle, education, real estate, insurance, pharmaceuticals and information technology. In additional to multiple industries, the Company offer services across multiple geographies, as well. It has a sales network in West Bengal, Assam and Delhi. It is in the process of setting up an office in Mumbai to expand n all metro cities of India. Through their strategically located offices and teams in three major cities in India, they cover almost whole of the states where they operate. The Company is proposing the Public Offer of 7,80,000 Fresh Issue Equity Shares.

Veritaas Advertising Ltd. FAQ

How is Veritaas Advertising Ltd. today?
Veritaas Advertising Ltd. today is trading in the red, and is down by -2.00% at 80.90.
Veritaas Advertising Ltd. is currently trading down -2.00% on an intraday basis. In the past week the stock fell -2.00%. stock has been down -25.92% in the past quarter and fell -29.04% in the past year. You can view this in the overview section.