Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Veritaas Advertising Ltd. (VERITAAS)
SME CapMedia stocks · SME cap · NSE
Veritaas Advertising Ltd. operates in Advertising, within the Media sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹30
+0.00 · +0.00%
Market cap ₹8.5 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 09:01 am ISTDetails
Quote21 Oct, 09:01 am IST
Base fundamentals06 Oct 2026 · screener
Latest result15 May, 04:28 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Media P/E 15.0 (n=57)
Technical timing lens
Trend score and candlestick chart
66BullishSMA20 -26.5% / mo · MACD + · near 52W low · sector +14.3pp vs Nifty 500 (3M)
Stock trend: 44
Sector RS: 100
Sector 3M: +9.9% vs Nifty 500 -4.4%
Media FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
VERITAASD candles · FIT view-43.5%Latest close ₹30.00 on 2026-10-13
Bar
+7.1%
RSI
46
MACD hist
0.86
52W pos
13%
2026-10-13O ₹28.00H ₹30.00L ₹28.00C ₹30.00Vol 3,600 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
VERITAASNifty MediaNifty 500
- VERITAAS
- -21.4%
- Nifty 500
- -5.1%
- Nifty Media
- +8.5%
- Vs Nifty 500
- -16.3 pp
Chart stats
13 Oct 2026- From 52W high
- -65.4%
- 52W range position
- 10%
- ATR (14)
- 5.5%
- Volume vs 20D
- 0.95x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹24 - ₹32.4
₹86.7
₹24 - ₹86.7
₹1.7
Latest completed session
20-session average
71.3% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend supports entry, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · UNDERVALUED68
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average42
Revenue +31.8% · PAT +14.1% YoY
Technical
Bullish66
Price trend and sector-relative-strength timing.
Valuation
Legacy model+79.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence55
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Average · 42/100margin compression · Rev +32% YoY · PAT +14% YoY
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹7.6 Cr | +31.8% | +4.9% |
| EBITDA | ₹1.3 Cr | NDF | -35.3% |
| Operating margin | 17.5% | NDF | -1085 bps |
| PAT | ₹1.1 Cr | +14.1% | +41.9% |
| PAT margin | 13.9% | NDF | +363 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 4.74
- P/B
- 0.62
- EV/EBITDA
- 3.40
- Market Cap
- 8.48Cr
Profitability
- ROE
- 14.10%
- ROCE
- 17.20%
- ROA
- 6.64%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 45.00%
- EPS 5Y
- 55.00%
- Revenue 3Y
- 24.00%
- EPS 3Y
- 61.00%
Balance Sheet
- Debt/Equity
- 0.61
- Interest Coverage
- 3.88×
- Altman Z
- 2.09
- Book Value
- 48.20
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 1/5
- OCF
- 1.42 Cr
- EPS TTM
- 6.34
Shareholding
- Promoter Hold
- 1.52%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 13%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 14.8-2.7% vs prev
Net Profit
₹ CrLatest: 1.8+20.9% vs prev
Return on Equity
%Latest: 13.1+5.0% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
NeutralTrend is undirectional — long-term trend unclear. RSI 46.
- SMA20 falling (~36.1% over last month) — short-term momentum negative.
- RSI(14) at 46 — sideways, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 57% off 52W high · 25% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
4
RS percentile
Insufficient history
1M return
-5.2%
3M return
-31.4%
6M return
-55.6%
1Y return
-
RS 1D
+1
RS 20D
+1
Sector rank
#15
Industry rank
-
Stage evidence
- At least 170 daily sessions are required for the trend-stage read.
50-DMA
price below
200-DMA
unavailable
Sector
lagging
Industry
unranked
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
119 observations
13 Oct 2026Value 48.85+1.16%
RS vs Nifty 50049
Valuation & peers
U-Score 68 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 68 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · UNDERVALUEDValuation30/30
Growth25/25
Quality9/20
Balance Sheet5/15
Cash Flow1/10
Piotroski
8/9 (+5)
Penalties
-7
Raw sum
68
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
68/100 · legacy band UNDERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 79.0%.
- Valuation contributes 30/30 to the score.
Main drags
- Penalty bucket subtracts 7 points.
- Cash flow is weaker at 1/10; verify the latest quarterly trend.
- Balance sheet is weaker at 5/15; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
4.7
PB
0.6
EV/EBITDA
3.4
ROE
14.1%
ROCE
17.2%
FCF Yield
—
Debt/Equity
0.6
MoS
+79.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
68
Previous: 68
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+79.0%
Previous: +79.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
67
67
67
68
68
68
68
68
68
68
68
68
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹82.92
+63.8% MoS
Growth-justified P/E
22.5
Growth-justified Value
₹142.65
+79.0% MoS
PEG
0.08
Comparable companies
Peers
Business-comparable peers in Media — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
GRAPHISAD
SME
Graphisads Ltd.
Advertising
match 75
59
10.0
4.4%
+54%
FAIR VALUE
CRAYONS
SME
Crayons Advertising Ltd.
Advertising
match 72
18
18.4
2.9%
-2369%
OVERVALUED
RKSWAMY
Small
R K Swamy Limited
Advertising
match 69
51
17.6
9.5%
+20%
FAIR VALUE
ASPIRE
SME
Aspire & Innovative Advertising Ltd.
Advertising
match 57
30
8.6
5.0%
+1%
OVERVALUED
GRETEX
SME
Gretex Industries Ltd.
Media & Entertainment
match 30
24
226.0
3.7%
-3328%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Veritaas Advertising Ltd. operates in Advertising, within the Media sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
55Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 16th percentile of the scored universe and 25th percentile within Media. Main check: cash conversion is weak at 43/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
16th percentile
overall median 67 · Media: 25th pctile, median 63 · SME: 16th pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
66
acceptable · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
65
acceptable · leverage and solvency
Discipline
58
watch · capital discipline
Results
45
watch · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
Trust risks
- ▸Promoter holding is only 1.5%.
- ▸Only 1 years of positive FCF.
- ▸ROCE trend is -17.9%.
- ▸OPM spread across recent quarters is 15.5%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Veritaas Advertising Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.