Veritas (India) Limited
VERITAS
Rank in Stocks
#23816
Veritas (India) Limited trades in and distributes chemicals, such as polymers,... Veritas (India) Limited trades in and distributes chemicals, such as polymers, paper and paper boards, rubber products, heavy distillates, and petrochemicals in India and internationally. The company operates through four segments: Distribution & Development; Power Generation; Manufacturing; and Warehousing. It also trades in and distributes chemicals and petrochemicals, petroleum, and fertilizers. The company was formerly known as Duroflex Engineering Limited and changed its name to Veritas (India) Limited in April 2009. The company was incorporated in 1985 and is based in Mumbai, India. Veritas (India) Limited is a subsidiary of Swan Energy Limited.
Share Price
$1.44
Last synced: 2026-11-09
Market Cap
$38.54M
Change (1 day)
2.79%
Change (1 year)
-51.65%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Veritas (India) Limited (VERITAS)
Category
Industrials
Operating Margin for Veritas (India) Limited (VERITAS)
Operating Margin as of November 2026 TTM: 0.80%
According to Veritas (India) Limited's latest financial reports, its current operating margin (TTM) is 0.80%. At the end of 2025 the company had an operating margin of 3.65%.
Operating Margin history for Veritas (India) Limited from 2007 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 0.80% | -78.08% |
| 2025 | 3.65% | -41.13% |
| 2024 | 6.20% | 16.10% |
| 2023 | 5.34% | -8.56% |
| 2022 | 5.84% | -16.81% |
| 2021 | 7.02% | 26.26% |
| 2020 | 5.56% | 21.93% |
| 2019 | 4.56% | -2.15% |
| 2018 | 4.66% | 4.95% |
| 2017 | 4.44% | 5.21% |
| 2016 | 4.22% | 26.35% |
| 2015 | 3.34% | 28.46% |
| 2014 | 2.60% | 14.04% |
| 2013 | 2.28% | 48.05% |
| 2012 | 1.54% | -64.84% |
| 2011 | 4.38% | 28.82% |
| 2010 | 3.40% | 50.44% |
| 2009 | 2.26% | -60.35% |
| 2008 | 5.70% | -48.56% |
| 2007 | 11.08% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 14.57% | -81.79% |
US
|
|
| 20.54% | -74.33% |
US
|
|
| 9.01% | -88.74% |
US
|
|
| 5.57% | -93.04% |
US
|
|
| -2.27% | -102.84% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Veritas (India) Limited's operating margin
What is Veritas (India) Limited's operating margin?
Veritas (India) Limited's operating margin is 0.80%, as of Nov 2026.
What was Veritas (India) Limited's operating margin in 2025?
In 2025, Veritas (India) Limited's operating margin was 3.65%, compared with 6.20% in 2024.
How has Veritas (India) Limited's operating margin changed since 2020?
From 2020 to 2025, Veritas (India) Limited's operating margin was highest in 2021 (7.02%) and lowest in 2025 (3.65%).
How does Veritas (India) Limited's operating margin compare with similar companies?
Veritas (India) Limited's operating margin (0.80%) is higher than that of 1 of the 5 similar companies listed above. The highest among them is Fastenal Company, with 20.54%.