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Veritas (india) Limited
Established in 1985, Veritas (india) Limited has 41 years of operational experience. Veritas (india) Limited is registered with CIN L23209MH1985PLC035702 (reg. no. 35702). It belongs to the classification of company limited by shares as per MCA records. The company has an authorized share capital of ₹10.00 crore. Paid-up capital for the company equals ₹2.68 crore.
Its primary business activity involves manufacture of coke; refined petroleum products and nuclear fuel. This entity is registered in Mumbai, India. The firm’s incorporation address reads Floor-1,plot-18,vakil Building,s S Ram Gulam Marg, New Custom House,ballard Estate., M.p.t., Mumbai, Mumbai, Maharashtra, India, 400001. Currently, the company’s operational status is active. Veritas (india) Limited holds PAN AAACD1654J. The company may be contacted through its official email: corp@veritasindia.net.
Company Overview
- CIN
- Date of Incorporation
- 21/03/1985
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2025
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- Authorized Capital
- ₹10,00,00,000.00
- Paid up Capital
- ₹2,68,10,000.00
- Activity
- Manufacture Of Coke; Refined Petroleum Products And Nuclear Fuel
- corp@veritasindia.net
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Arunachal Pradesh | 12AAACD1654J1Z1 | Inactive |
| Gujarat | 24AAACD1654J1ZW | Active |
| 24AAACD1654J3ZU | Active | |
| 24AAACD1654J2ZV | Active | |
| Kerala | 32AAACD1654J1ZZ | Inactive |
| Maharashtra | 27AAACD1654J1ZQ | Active |
| Odisha | 21AAACD1654J1Z2 | Inactive |
| Tripura | 16AAACD1654J1ZT | Inactive |
| Tamil Nadu | 33AAACD1654J1ZX | Inactive |
| West Bengal | 19AAACD1654J1ZN | Inactive |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8379J01010 | VERITAS (INDIA) LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | VERITAS (INDIA)/SH VTG | ESVUFN |
| INE379J01029 | VERITAS (INDIA) LIMITED EQ NEW F.V. RE.1/- | - | 12/10/2026 | VERITAS (INDIA)/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹2,46,292.23L | ₹2,38,175.76L | ₹2,40,083.54L | ₹2,39,636.98L | ₹0.00L |
| Net Debt | ₹41,311.52L | ₹15,221.74L | ₹22,766.88L | ₹22,420.67L | ₹0.00L |
| Gross PPE | ₹2,79,273.64L | ₹2,64,034.88L | ₹2,61,511.44L | ₹2,56,764.55L | ₹0.00L |
| Inventory | ₹4,173.47L | ₹4,165.10L | ₹4,207.75L | ₹4,411.96L | ₹0.00L |
| Total Debt | ₹51,192.71L | ₹27,205.72L | ₹32,682.61L | ₹28,886.10L | ₹0.00L |
| Common Stock | ₹268.10L | ₹268.10L | ₹268.10L | ₹268.10L | ₹0.00L |
| Current Debt | ₹36,237.81L | ₹19,241.49L | ₹24,639.17L | ₹23,188.60L | ₹0.00L |
| Share Issued | ₹268.10L | ₹268.10L | ₹268.10L | ₹268.10L | ₹0.00L |
| Total Assets | ₹4,71,572.43L | ₹3,83,691.63L | ₹4,18,309.82L | ₹4,12,090.90L | ₹0.00L |
| Capital Stock | ₹268.10L | ₹268.10L | ₹268.10L | ₹268.10L | ₹0.00L |
| Long Term Debt | ₹6,753.26L | ₹0.00L | ₹0.00L | ₹3,630.08L | ₹13,083.94L |
| Current Assets | ₹2,21,080.87L | ₹1,41,404.69L | ₹1,73,759.86L | ₹1,68,106.33L | ₹0.00L |
| Prepaid Assets | ₹4,536.24L | ₹3,680.25L | ₹829.37L | ₹446.09L | ₹0.00L |
| Working Capital | ₹68,842.06L | ₹51,740.91L | ₹1,32,838.25L | ₹53,871.90L | ₹0.00L |
| Invested Capital | ₹3,29,413.37L | ₹2,85,786.69L | ₹2,75,653.50L | ₹2,53,556.10L | ₹0.00L |
| Other Properties | ₹11,410.80L | ₹10,338.30L | ₹10,336.23L | ₹7,618.25L | ₹0.00L |
| Retained Earnings | ₹1,10,001.45L | ₹1,08,044.71L | ₹96,702.23L | ₹78,030.50L | ₹0.00L |
| Common Stock Equity | ₹2,86,422.30L | ₹2,66,545.20L | ₹2,51,014.33L | ₹2,30,367.50L | ₹0.00L |
| Net Tangible Assets | ₹2,86,422.30L | ₹2,66,545.20L | ₹2,51,014.33L | ₹2,30,367.50L | ₹0.00L |
| Tangible Book Value | ₹2,86,422.30L | ₹2,66,545.20L | ₹2,51,014.33L | ₹2,30,367.50L | ₹0.00L |
| Current Liabilities | ₹1,52,238.81L | ₹89,663.78L | ₹40,921.61L | ₹1,14,234.43L | ₹0.00L |
| Long Term Provisions | ₹307.36L | ₹307.17L | ₹181.02L | ₹0.00L | ₹93.94L |
| Stockholders Equity | ₹2,86,422.30L | ₹2,66,545.20L | ₹2,51,014.33L | ₹2,30,367.50L | ₹0.00L |
| Other Equity Interest | ₹2,86,154.20L | ₹2,66,277.10L | ₹2,50,746.23L | ₹0.00L | ₹2,10,848.00L |
| Total Capitalization | ₹2,93,175.56L | ₹2,66,545.20L | ₹2,51,014.33L | ₹2,30,367.50L | ₹0.00L |
| Ordinary Shares Number | ₹268.10L | ₹268.10L | ₹268.10L | ₹268.10L | ₹0.00L |
| Other Non Current Assets | ₹147.26L | -₹0.01L | ₹0.01L | ₹0.01L | ₹0.00L |
| Total Non Current Assets | ₹2,50,491.56L | ₹2,42,286.94L | ₹2,44,549.96L | ₹2,43,984.57L | ₹0.00L |
| Cash And Cash Equivalents | ₹1,679.55L | ₹4,019.75L | ₹1,872.29L | ₹767.93L | ₹0.00L |
| Construction In Progress | ₹34,902.00L | ₹34,882.74L | ₹34,991.66L | ₹34,445.46L | ₹0.00L |
| Accumulated Depreciation | -₹32,981.41L | -₹25,859.12L | -₹21,427.90L | -₹17,127.57L | ₹0.00L |
| Additional Paid In Capital | ₹93,177.69L | ₹93,177.69L | ₹93,177.69L | ₹93,177.69L | ₹0.00L |
| Other Short Term Investments | ₹1,123.10L | ₹1.00L | ₹1.00L | ₹1.00L | ₹0.00L |
| Machinery Furniture Equipment | ₹1,47,778.20L | ₹1,33,631.20L | ₹1,31,000.91L | ₹1,29,512.20L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹2,86,422.30L | ₹2,66,545.20L | ₹2,51,014.33L | ₹2,30,367.50L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹1,85,150.13L | ₹1,17,146.43L | ₹1,67,295.49L | ₹1,81,723.40L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹36,913.74L | ₹19,824.97L | ₹25,554.36L | ₹23,712.21L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹14,278.97L | ₹7,380.75L | ₹7,128.25L | ₹5,173.89L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹1,679.55L | ₹4,020.75L | ₹1,873.29L | ₹768.93L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹32,911.32L | ₹27,482.65L | ₹1,26,373.88L | ₹67,488.97L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | -₹23,293.45L | ₹3,705.94L | ₹2,420.54L | ₹7,850.14L | ₹0.00L |
| Changes In Cash | -₹2,340.21L | ₹2,146.46L | ₹1,104.36L | ₹134.55L | ₹0.00L |
| End Cash Position | ₹1,679.55L | ₹4,019.75L | ₹1,872.29L | ₹767.94L | ₹0.00L |
| Financing Cash Flow | ₹21,016.98L | -₹3,894.14L | -₹1,301.41L | -₹7,589.16L | ₹0.00L |
| Investing Cash Flow | -₹89.11L | ₹1,906.06L | -₹3,175.23L | -₹336.94L | ₹0.00L |
| Operating Cash Flow | -₹23,268.08L | ₹4,134.54L | ₹5,581.00L | ₹8,060.65L | ₹0.00L |
| Capital Expenditure | -₹25.37L | -₹428.60L | -₹3,160.46L | -₹210.51L | ₹0.00L |
| Beginning Cash Position | ₹4,019.75L | ₹1,873.29L | ₹767.94L | ₹633.39L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | ₹0.01L | ₹0.01L | -₹0.01L | ₹0.00L | -₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| EBIT | ₹4,619.93L | ₹13,899.00L | ₹21,900.51L | ₹11,272.35L |
| EBITDA | ₹8,752.61L | ₹17,841.66L | ₹25,679.64L | ₹14,714.94L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹1,970.15L | ₹11,355.89L | ₹18,685.14L | ₹9,481.26L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹14,257.55L | ₹23,629.72L | ₹25,824.73L | ₹18,672.94L |
| Pretax Income | ₹1,963.51L | ₹11,390.82L | ₹18,788.71L | ₹9,552.22L |
| Tax Provision | -₹6.64L | ₹34.93L | ₹103.57L | ₹70.96L |
| Total Revenue | ₹3,11,262.91L | ₹4,09,810.68L | ₹3,85,453.46L | ₹2,16,322.41L |
| Cost Of Revenue | ₹2,97,005.36L | ₹3,86,180.96L | ₹3,59,628.73L | ₹1,97,649.47L |
| Total Expenses | ₹3,06,147.27L | ₹3,94,745.21L | ₹3,63,584.09L | ₹2,04,747.82L |
| Interest Income | ₹0.27L | ₹0.06L | ₹0.06L | ₹1.39L |
| Interest Expense | ₹2,656.42L | ₹2,508.18L | ₹2,636.86L | ₹1,720.13L |
| Operating Income | ₹5,115.64L | ₹15,065.47L | ₹21,869.37L | ₹11,574.59L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹8,770.01L | ₹17,899.34L | ₹25,661.78L | ₹14,388.14L |
| Normalized Income | ₹1,980.59L | ₹11,413.39L | ₹18,667.38L | ₹9,156.89L |
| Operating Expense | ₹9,141.91L | ₹8,564.25L | ₹3,955.36L | ₹7,098.35L |
| Operating Revenue | ₹3,11,262.91L | ₹4,09,810.68L | ₹3,85,453.46L | ₹2,16,322.41L |
| Net Interest Income | -₹2,718.88L | -₹4,020.86L | -₹3,111.74L | -₹1,725.72L |
| Total Unusual Items | -₹17.40L | -₹57.68L | ₹17.86L | ₹326.80L |
| Basic Average Shares | ₹268.10L | ₹268.10L | ₹268.10L | ₹268.10L |
| Diluted Average Shares | ₹268.10L | ₹268.10L | ₹268.10L | ₹268.10L |
| Total Other Finance Cost | ₹62.73L | ₹1,512.74L | ₹474.94L | ₹6.98L |
| Other Operating Expenses | ₹368.06L | ₹908.06L | -₹2,958.75L | ₹1,976.96L |
| Reconciled Depreciation | ₹4,132.68L | ₹3,942.66L | ₹4,254.07L | ₹3,442.59L |
| Reconciled Cost Of Revenue | ₹2,97,005.36L | ₹3,86,180.96L | ₹3,59,628.73L | ₹1,97,649.47L |
| Rent Expense Supplemental | ₹67.54L | ₹64.38L | ₹1.72L | ₹8.98L |
| Tax Effect Of Unusual Items | -₹6.96L | -₹0.18L | ₹0.10L | ₹2.43L |
| Interest Income Non Operating | ₹0.27L | ₹0.06L | ₹0.06L | ₹1.39L |
| Selling And Marketing Expense | ₹1.01L | ₹0.91L | ₹5.90L | ₹9.28L |
| Interest Expense Non Operating | ₹2,656.42L | ₹2,508.18L | ₹2,636.86L | ₹1,720.13L |
| Net Income Common Stockholders | ₹1,970.15L | ₹11,355.89L | ₹18,685.14L | ₹9,481.26L |
| Net Income Continuous Operations | ₹1,970.15L | ₹11,355.89L | ₹18,685.14L | ₹9,481.26L |
| Diluted NIAvailto Com Stockholders | ₹1,970.15L | ₹11,355.89L | ₹18,685.14L | ₹9,481.26L |
| General And Administrative Expense | ₹2,706.79L | ₹1,565.98L | ₹1,041.78L | ₹716.17L |
| Selling General And Administration | ₹2,707.80L | ₹1,566.89L | ₹1,047.68L | ₹725.45L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹17.40L | -₹57.68L | ₹17.86L | ₹326.80L |
| Net Non Operating Interest Income Expense | -₹2,718.88L | -₹4,020.86L | -₹3,111.74L | -₹1,725.72L |
| Net Income Including Noncontrolling Interests | ₹1,970.15L | ₹11,355.89L | ₹18,685.14L | ₹9,481.26L |
| Net Income From Continuing And Discontinued Operation | ₹1,970.15L | ₹11,355.89L | ₹18,685.14L | ₹9,481.26L |
| Net Income From Continuing Operation Net Minority Interest | ₹1,970.15L | ₹11,355.89L | ₹18,685.14L | ₹9,481.26L |
Company Performance (FY23–FY26)
₹4.1 K Cr₹3.1 K Cr₹2.0 K Cr₹1.0 K Cr₹0
FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 14/08/2019 | Vijay Haridas Shah | 03502649 | Director | View other directorships |
| 23/02/2023 | Rohinton Eruch Shroff | 00234712 | Director | View other directorships |
| 28/12/2023 | Paresh Vasantlal Merchant | 00660027 | Managing Director | View other directorships |
| 30/08/2024 | Arun Satyanarain Agarwal | 02044613 | Director | View other directorships |
| 13/08/2025 | Bhagyashri Parag Dixit | 10952866 | Director | View other directorships |
| 13/11/2025 | Sunil Sudarshan Sehgal | 02561520 | Director | View other directorships |
| 13/11/2025 | Amit Anant Chavan | *****2203D | Company Secretary |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 7
- Paresh Vasantlal MerchantManaging Director
- Sunil Sudarshan SehgalDirector
- Bhagyashri Parag DixitDirector
- Arun Satyanarain AgarwalDirector
- Rohinton Eruch ShroffDirector
- Vijay Haridas ShahDirector
- Amit Anant ChavanCompany Secretary
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 01/12/2024 | Form MGT-7-28112024 | - |
| 22/10/2024 | Form AOC-4(XBRL)-22102024 | - |
| 10/04/2024 | Form Addendum to AOC-4 CSR-10042024_signed | - |
Charges
| SRN | Date | Amount | Holder |
|---|---|---|---|
| H82651076 | 28/07/2010 | ₹1,30,25,00,000.00 | Axis Bank Limited |
| G90187394 | 19/03/2010 | ₹4,23,00,000.00 | Punjab National Bank |
| G90188459 | 19/03/2010 | ₹4,23,00,000.00 | Punjab National Bank |
| G90188608 | 22/08/2009 | ₹4,43,00,000.00 | Punjab National Bank |
| G90176371 | 21/08/2009 | ₹4,43,00,000.00 | Punjab National Bank |
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Address
Floor-1,plot-18,vakil Building,s S Ram Gulam Marg, New Custom House,ballard Estate., M.p.t., Mumbai, Mumbai, Maharashtra, India, 400001
Frequently Asked Questions
What is the incorporation date of Veritas (india) Limited?
The incorporation date of Veritas (india) Limited is 21/03/1985.
What is the authorized share capital and paid-up capital of Veritas (india) Limited?
The authorized share capital of Veritas (india) Limited is ₹10,00,00,000.00. The paid-up capital is ₹2,68,10,000.00.
Who are the current board members & directors of Veritas (india) Limited?
The current board member of Veritas (india) Limited are:
- Vijay Haridas Shah
- Rohinton Eruch Shroff
- Sunil Sudarshan Sehgal
- Amit Anant Chavan
- Bhagyashri Parag Dixit
- Arun Satyanarain Agarwal
- Paresh Vasantlal Merchant
What is the registered address of Veritas (india) Limited?
The registered address of Veritas (india) Limited is Floor-1,plot-18,vakil Building,s S Ram Gulam Marg, New Custom House,ballard Estate., M.p.t., Mumbai, Mumbai, Maharashtra, India, 400001.
What is the Corporate Identification Number of Veritas (india) Limited?
The Corporate Identification Number of Veritas (india) Limited is L23209MH1985PLC035702.