Veritaas Advertising Ltd.

Veritaas Advertising Ltd.

NNSE:VERITAAS
30.00
INR
+0.70
(+2.39%)
237.70MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.16
11.94
27.45
36.66
55.54
- -
Basic EPS, GAAP
0.7
0.45
1.55
6.02
5.42
- -
Free Cash Flow per Basic Share
0.07
-1.79
0.23
-6.1
-28.6
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
0.89
1.62
3.17
12.97
41.9
41.9
Tangible Book Value per Share
0.89
1.62
1.89
-0.61
23.59
23.59
Basic Weighted Avg Shares
3
3
3
3
3
3
Sales/Revenue/Turnover
23
34
77
104
152
- -
Operating Margin (%)
9.79
5.1
8.91
25.93
16.57
- -
Depreciation Expense
- -
- -
2
4
11
- -
Net Income, GAAP
2
1
4
17
15
- -
Effective Tax Rate (%)
25.16
25.12
34.51
28.55
30.58
- -
Profit Margin (%)
8.56
3.73
5.66
16.41
9.75
- -
Working Capital
2
4
6
3
51
51
LT Debt
- -
1
4
10
7
7
Total Equity
3
5
9
37
118
118
Return on Invested Capital (%)
- -
10.38
17.13
37.88
13.51
- -
Return on Capital (%)
- -
19.67
30.7
46.13
15.33
- -
Return on Common Equity (%)
- -
35.52
64.87
74.55
19.08
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'24
Sep'25
Mar'25
ST Debt
12
17
49
LT Borrowings
10
9
7
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
- -
404
238

Working Capital

INR

•

in mil. unless spec.
Mar'24
Sep'25
Mar'25
Total Current Assets
54
130
151
Cash, Cash Equivalents & STI
3
3
60
Accounts Receivable, Net
36
47
62
Inventories
3
4
7
Total Current Liabilities
51
54
100
Payables & Accruals
- -
- -
- -
ST Debt
12
17
49
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
223.03%
Free Cash Flow
- -
- -
352.94%
Net Income, GAAP
- -
- -
-13%
Sales/Revenue/Turnover
- -
- -
46.43%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
77
2024
- -
- -
104
2025
- -
- -
152

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1.55
2024
- -
- -
6.02
2025
- -
- -
5.42

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Debojyoti Banerjee
Full Time Employees
78
Sector
Commercial services
Industry
Advertising/Marketing services
Address
Kolkata India
IPO Date
May 21, 2024
Business
Veritaas Advertising Limited provides integrated advertising, media management, and brand communication solutions in India. The company operates as a full-service advertising agency offering a comprehensive suite of marketing solutions across traditional, outdoor, and digital media channels. Its core offerings include Out-of-Home (OOH) advertising, providing traditional outdoor media assets such as large-format hoardings, billboards, unipoles, gantries, bus queue shelters, foot overbridges, mobile vans, and transit media branding across railways and public transport networks; Digital Out-of-Home (DOOH) advertising, delivering dynamic digital display boards, high-definition LED screens, interactive kiosks, and programmatic outdoor advertising networks across high-footfall commercial zones and transit hubs; media planning and media buying services across print publications, television channels, radio broadcasting stations, and online portals; digital marketing services, encompassing search engine optimization (SEO), social media marketing, pay-per-click performance campaigns, influencer collaborations, website design, and online brand reputation management; creative and brand strategy services, comprising brand identity design, logo creation, creative campaign ideation, audio-visual ad production, corporate collateral development, and multilingual copywriting; and event management and experiential marketing services, consisting of corporate conferences, exhibitions, product launches, retail brand activations, and promotional roadshows. The company serves a diverse client base across sectors such as retail, real estate, fast-moving consumer goods, education, healthcare, hospitality, and government entities throughout India, with extensive operational coverage across West Bengal, Maharashtra, Delhi NCR, and Eastern India. Recent corporate developments include the completion of the company's Initial Public Offering (IPO) on the NSE SME platform in May 2024 to fund the acquisition of new digital display assets, establish new regional branch offices, and support working capital requirements. Concurrently, the company transitioned from a private entity into a public limited corporation, expanded its inventory of proprietary digital outdoor display screens, and entered into strategic tie-ups with municipal bodies, commercial property owners, and digital ad tech platforms to enhance programmatic advertising capabilities. Veritaas Advertising Limited was incorporated in 2018 and is headquartered in Kolkata, West Bengal, India.