VETO · NSE
Veto Switchgears And Cables Limited
₹139.57
-2.93% (-₹4.21)
Prev. close
₹143.78
Volume
1,01,878
Delivery %
61.8%
As of
22 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Veto Switchgears And Cables Limited
Veto Switchgears and Cables Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables, and electrical accessories in India and internationally. It operates through Wire and Cables, Lighting & Fittings, and Accessories & Others segments. The company offers modular switches; LED lightning, including slim LED panel, concealed light, deep light, spotlight, flood light, streetlight, strip light, rope light, LED bulb, LED tube light, wall and track light, and surface panel; and wire and cables, comprising Vimal multi strand cables, Veto multistrand cables, and Vimal flexible wire. It also provides fans, such as ceiling, wall, pedestal, and table fans; MCB and distribution board, which includes circuit breaker, distribution panels, isolator, and AC box. In addition, the company offers bells and extension cords, which comprise ding dong, stereo, and multi tune bells, as well as extension cords. The company markets its products under the VETO and VIMAL POWER brand names through a network of dealers and distributors. Veto Switchgears and Cables Limited was founded in 1967 and is based in Jaipur, India.
Details
Sector
Industrials
Industry
Electrical Equipment & Parts
CEO
Mr. Akshay Kumar Gurnani
Headquarters
Jaipur
Employees
351
Website
vetoswitchgears.comExchange
View on NSE ↗Key stats
Market cap
₹266.79 Cr
P/E ratio (TTM)
9.7
Dividend yield
0.70%
EPS (TTM)
₹14.32
Beta (1Y · daily vs NIFTY 50)
1.15
Beta (5Y · monthly vs NIFTY 50)
1.45
Shares float
98.09 L
EPS · quarter ended Jun 2026
₹3.10
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.4% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹181.23 Cr | ₹267.83 Cr | ₹290.07 Cr | ₹300.09 Cr | ₹300.35 Cr | ₹386.10 Cr | |
| EBITDA | ₹25.11 Cr | ₹37.08 Cr | ₹37.70 Cr | ₹35.08 Cr | ₹34.12 Cr | ₹39.62 Cr |
| ₹14.84 Cr | ₹20.19 Cr | ₹20.25 Cr | ₹17.95 Cr | ₹22.13 Cr | ₹25.13 Cr | |
| Diluted EPS | ₹7.76 | ₹10.56 | ₹10.59 | ₹9.39 | ₹11.59 | ₹13.15 |
Depreciation & amortisation, Pretax income, Tax provision, Interest expense have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹321.27 Cr | ₹306.19 Cr | ₹332.23 Cr | ₹397.85 Cr | |
| — | — | ₹43.39 Cr | ₹22.56 Cr | ₹22.95 Cr | ₹21.43 Cr | |
| Stockholders' equity | — | — | ₹232.88 Cr | ₹246.25 Cr | ₹266.45 Cr | ₹289.69 Cr |
Total assets, Current assets, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, Total debt, Long-term debt, Current (short-term) debt, Others, Stockholders' equity have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹17.97 Cr | ₹27.79 Cr | ₹14.99 Cr | ₹10.38 Cr | |
| Investing cash flow | — | — | ₹-4.21 Cr | ₹-6.51 Cr | ₹-18.49 Cr | ₹-4.18 Cr |
| — | — | ₹-9.89 Cr | ₹-27.31 Cr | ₹-3.00 Cr | ₹-5.34 Cr | |
| Capital expenditure | — | — | ₹-5.08 Cr | ₹-6.30 Cr | ₹-19.75 Cr | ₹-5.22 Cr |
| End cash position | — | — | ₹15.18 Cr | ₹7.54 Cr | ₹1.05 Cr | ₹1.91 Cr |
Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Debt issued, Debt repaid, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.37 L Cr | ₹3,866.4 | 32.4 | 4.92 | 14.7% | 1.15 | +11.8% | +6.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.12 L Cr | ₹1,795 | 30.5 | 4.28 | 13.3% | 0.66 | +27.1% | +24.3% |
| Hindustan Aeronautics Limited | ₹3.23 L Cr | ₹4,800 | 34.7 | 7.86 | 22.2% | 0.00 | +5.6% | -0.2% |
| Bharat Electronics Limited | ₹2.91 L Cr | ₹397.9 | 47.3 | 12.14 | 25.3% | 0.00 | +15.9% | -2.1% |
| InterGlobe Aviation Limited | ₹1.91 L Cr | ₹5,030 | — | 27.41 | -34.3% | 11.15 | +6.6% | -12.5% |
| ABB India Limited | ₹1.54 L Cr | ₹7,120.5 | 97.1 | 19.66 | 21.3% | 0.01 | +8.1% | +32.8% |
| Bharat Heavy Electricals Limited | ₹1.51 L Cr | ₹425.8 | 62.0 | 5.77 | 6.1% | 0.31 | +18.3% | +77.7% |
| CG Power and Industrial Solutions Limited | ₹1.43 L Cr | ₹896.1 | 114.6 | 17.99 | 15.1% | 0.01 | +25.1% | +16.3% |
| Hitachi Energy India Limited | ₹1.42 L Cr | ₹31,415 | 123.4 | 27.44 | 19.1% | 0.02 | +27.2% | +64.6% |
| Cummins India Limited | ₹1.41 L Cr | ₹5,067 | 59.9 | 16.68 | 27.9% | 0.00 | +16.9% | +24.2% |
| Siemens Limited | ₹1.38 L Cr | ₹3,858 | 82.1 | 10.46 | 15.9% | 0.01 | +16.2% | +18.9% |
| Veto Switchgears And Cables Limited | ₹266.79 Cr | ₹139.57 | 9.7 | 0.92 | 8.7% | 0.07 | +28.5% | +17.0% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 14
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.