VERA

Vera Synthetic Limited

Listed company · ISIN INE709Z01015 · NSE SM · FV ₹10
Last price
₹86
+4.99%today
What this company does

Vera Synthetic Limited is a listed company. It booked ₹49 cr of revenue in its latest year (FY26) and kept 7.2% of sales as profit.

66out of 100
Equitytale Health Score
Solid

Healthier than 66% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 655–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Profitability & returns59

How much profit it earns on the money it employs

Balance sheet93

How much it owes, and whether earnings cover the interest

Cash quality62

Whether reported profit actually arrives as cash

Valuation22

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Promoters hold 69%
✓ No promoter shares pledged
✓ Strong 16% return on equity
✓ Virtually debt-free
Watch-outs
! Thin 7.2% net margin
! Operating cash flow is negative

What if I invest in VERA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest full year + price
₹86▲ +4.99%
latest close · 2026-08-18
52-wk low ₹26197 sessions so far52-wk high ₹150
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio12.1Low
LowAverageHigh
P/B ratio1.97Moderate
Below bookModerateHigh
EV / EBITDA8.7Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity16.4%Strong
WeakFairStrong ▸15%
Return on capital17.9%Strong
WeakFairStrong
Net margin7.2%Decent
ThinDecentStrong
EBITDA margin9.6%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Current ratio6.00Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹43 cr
Book value
₹44
EPS
₹7.15
latest full year
Net debt
₹-1 cr
more cash than debt
Enterprise value
₹41 cr
EBITDA
₹5 cr
latest full year
EBIT
₹5 cr
latest full year
Operating margin
9.6%
Return on assets
11.6%
Earnings yield
8.29%
P/S
0.86
Sales / share
₹99.7
Tax rate
25.4%
Face value
₹10
Shares
0.5 cr
Working capital
₹20 cr
Current assets
₹23 cr
Current liabilities
₹4 cr
Delivery %
100.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are from the latest full-year results; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-08-18.

Worth vs price · from the exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹43 vs market price ₹86 — price is 101% above it
Safety cushion-101.3%(target ≥ +20%)
Models span ₹29–₹64, midpoint ₹43
Model ₹43
Price ₹86
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · FY26 (consolidated)
Revenue from Operations₹49 cr
Other Income₹1 cr
Total Income₹51 cr
Cost of Materials₹34 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹8 cr
Finance Costs₹0 cr
Other Expenses₹4 cr
Total Expenses₹46 cr
Profit before Tax₹5 cr
Tax Expense₹1 cr
Net Profit₹4 cr
Net margin on total income7.0%
Where the money goes · FY26
% of total income
Materials + stock-in-trade₹34 cr66.2%
Employee benefit expense₹8 cr14.9%
Other expenses₹5 cr9.5%
Tax expense₹1 cr2.4%
Profit for the period₹4 cr7.0%
Total income ₹51 cradds up to ₹100 ✓
Annual results · consolidated (₹ cr)
MetricFY25FY26
Revenue42 cr49 cr
Total income42 cr51 cr
Expenses40 cr46 cr
Profit before tax3 cr5 cr
Tax70.8 L1 cr
Net profit (owners' share)2 cr4 cr
Net margin (owners' share, on revenue)4.8%7.2%
EPS (₹)4.117.15
YoY (latest year): total income +19.0% · net profit +74.0%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹30 cr
Shareholder equity
₹22 cr
parent shareholders
Total debt
₹2.9 L
Cash
₹1 cr
Cash flow · H1 FY25
Operating
₹-4 cr
Investing
₹-5.9 L
Financing
₹-1 cr
Who owns it · 2026-09-30
No pledge
Promoter
68.7%
Public
31.3%
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Sep 2026
See the official result
1
ADOPTION OF DIRECTORS’ REPORT AND AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR 2025-26
Backed by 100% of shareholders other than promotersneeded 50%
42,900 votes for, 0 against
2
To re appoint a Director in place of Mrs. Meera Sunil Makwana (DIN: 08277500), who retires by rotation and being eligible, offers herself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
42,900 votes for, 0 against
3
Ratification of appointment of M/s RAJ SHAH AND COMPANY, Chartered Accountant, (Firm Registration No. 134617W), as Statutory Auditors of the Company.
Backed by 100% of shareholders other than promotersneeded 50%
42,900 votes for, 0 against
4
Appointment of M/s M K SAMDANI & CO., Practising Company Secretary, as the Secretarial Auditor (CP No: 21853 and Membership No 41630), Ahmedabad as a Statutory Auditor of the Company for five years from Financial Year 2026-27 till the conclusion of 32nd AGM.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
42,900 votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 64.6% between them · as of 2026-09-30
Sunil Devjibhai Makwana16.85%
Nagin D. Makwana16.09%
Meera Sunil Makwana13.31%
Yogesh Devjibhai Makwana6.08%
Trambak Devjibhai Makwana4.17%
Bhartiben N. Makwana4.05%
Devjibhai Premjibhai Makwana4.05%
Champaben Devjibhai Makwanano shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.