
Consumer Durables
Valuation | |
|---|---|
| Market Cap | 195.95 Cr |
| Price/Earnings (Trailing) | 9.56 |
| Price/Sales (Trailing) | 0.61 |
| EV/EBITDA | 6.21 |
| Price/Free Cashflow | -46.41 |
| MarketCap/EBT | 7.05 |
| Enterprise Value | 210.37 Cr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 1.1% |
| Price Change 1M | -9.4% |
| Price Change 6M | -16.8% |
| Price Change 1Y | -16.3% |
| 3Y Cumulative Return | 0.50% |
| 5Y Cumulative Return | 0.80% |
| 7Y Cumulative Return | 9.1% |
| 10Y Cumulative Return | -0.50% |
| Revenue (TTM) |
| 321.71 Cr |
| Rev. Growth (Yr) | 20.4% |
| Earnings (TTM) | 20.48 Cr |
| Earnings Growth (Yr) | 1.8% |
Profitability | |
|---|---|
| Operating Margin | 9% |
| EBT Margin | 9% |
| Return on Equity | 7.39% |
| Return on Assets | 5.82% |
| Free Cashflow Yield | -2.15% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -18.49 Cr |
| Cash Flow from Operations (TTM) | 14.99 Cr |
| Cash Flow from Financing (TTM) | -3 Cr |
| Cash & Equivalents | 1.59 Cr |
| Free Cash Flow (TTM) | -4.76 Cr |
| Free Cash Flow/Share (TTM) | -2.49 |
Balance Sheet | |
|---|---|
| Total Assets | 351.68 Cr |
| Total Liabilities | 74.75 Cr |
| Shareholder Equity | 276.93 Cr |
| Current Assets | 277.3 Cr |
| Current Liabilities | 68.23 Cr |
| Net PPE | 37.52 Cr |
| Inventory | 110.19 Cr |
| Goodwill | 11 K |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.05 |
| Debt/Equity | 0.06 |
| Interest Coverage | 11.58 |
| Interest/Cashflow Ops | 8.97 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 1 |
| Dividend Yield | 0.98% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Strong Balance Sheet.
Technicals: Bullish SharesGuru indicator.
Size: It is a small market cap company and can be volatile.
Momentum: Stock has a weak negative price momentum.
Past Returns: Underperforming stock! In past three years, the stock has provided 0.5% return compared to 12.8% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Strong Balance Sheet.
Technicals: Bullish SharesGuru indicator.
Size: It is a small market cap company and can be volatile.
Momentum: Stock has a weak negative price momentum.
Past Returns: Underperforming stock! In past three years, the stock has provided 0.5% return compared to 12.8% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 0.98% |
| Dividend/Share (TTM) | 1 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 10.72 |
Financial Health | |
|---|---|
| Current Ratio | 4.06 |
| Debt/Equity | 0.06 |
Technical Indicators | |
|---|---|
| RSI (14d) | 42.47 |
| RSI (5d) | 64.43 |
| RSI (21d) | 31.21 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Summary of VETO SWITCHGEARS AND CABLES's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Understand VETO SWITCHGEARS AND CABLES ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| VETO ELECTROPOWERS (INDIA) PRIVATE LIMITED | 32.28% |
| HARISH KUMAR GURNANI | 3.84% |
| AKSHAY KUMAR GURNANI | 3.6% |
| KANISHK KISHORE GURNANI | 2.16% |
| PUSHPA DEVI GURNANI | 1.49% |
| DHEERAJ KUMAR LOHIA | 1.43% |
| ROHIT GURNANI | 1.22% |
Detailed comparison of VETO SWITCHGEARS AND CABLES against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Comprehensive comparison against sector averages
VETO metrics compared to Consumer
| Category | VETO | Consumer |
|---|---|---|
| PE | 9.57 | 47.74 |
| PS | 0.61 | 2.17 |
| Growth | 6.7 % | 31.1 % |
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, Accessories & Others, and Lighting and Fittings, and segments. The company offers electrical accessories, including vyoma and power modular switches; and MCBs, circuit breakers, distribution panel, isolator, AC box, and bells and extension cords. It also provides wires and cables, such as multi strand and flexible wires; ceiling, wall, pedesital and table fans; and slim LED panels, concealed light, deep light, spot light, flood light, street light, strip light, rope light, LED bulb and tube light, wall and track light, and surface panels. In addition, the company offers other electrical accessories, such as switch socket, MCB, bell, and all other electrical accessories. 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.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
VETO vs Consumer (2021 - 2026)
| MAHENDRA GIRDHARILAL WADHWANI | 1.08% |
| KISHORE KUMAR GURNANI | 0.29% |
| SITADEVI GURNANI | 0.08% |
| NARAIN DAS GURNANI | 0.07% |
| MUKESH GURNANI | 0.03% |
| PRIYANKA KISHORE GURNANI | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| 37.3% |
| 82 |
| 60 |
| 80 |
| 72 |
| 66 |
| 55 |
| Profit Before exceptional items and Tax | 73.8% | 7.83 | 4.93 | 9.81 | 5.22 | 8.01 | 6.5 |
| Total profit before tax | 73.8% | 7.83 | 4.93 | 9.81 | 5.22 | 8.01 | 6.5 |
| Current tax | 5566.7% | 2.7 | 1.03 | 2.49 | 1.55 | 2.04 | 1.72 |
| Deferred tax | -259.3% | -0.94 | 0.46 | -0.02 | 0.03 | 0.42 | -0.09 |
| Total tax | 55.1% | 1.76 | 1.49 | 2.47 | 1.58 | 2.46 | 1.62 |
| Total profit (loss) for period | 109.1% | 6.08 | 3.43 | 7.34 | 3.63 | 5.97 | 4.88 |
| Other comp. income net of taxes | 2.9% | 0.01 | -0.02 | 0.06 | 0.02 | 0.01 | 0.01 |
| Total Comprehensive Income | 111.2% | 6.09 | 3.41 | 7.4 | 3.66 | 5.98 | 4.89 |
| Earnings Per Share, Basic | 172.5% | 3.18 | 1.8 | 3.84 | 1.9 | 3.12 | 2.55 |
| Earnings Per Share, Diluted | 172.5% | 3.18 | 1.8 | 3.84 | 1.9 | 3.12 | 2.55 |
| 11 |
| 11 |
| 11 |
| 11 |
| 11 |
| 10 |
| Finance costs | -84.9% | 1.24 | 2.59 | 3.81 | 3.23 | 1.75 | 3.72 |
| Depreciation and Amortization | 26.5% | 2.43 | 2.13 | 2.33 | 2.58 | 1.8 | 1.75 |
| Other expenses | 10.5% | 22 | 20 | 18 | 18 | 15 | 13 |
| Total Expenses | 2.6% | 195 | 190 | 178 | 153 | 133 | 111 |
| Profit Before exceptional items and Tax | -30.8% | 28 | 40 | 31 | 31 | 22 | 16 |
| Total profit before tax | -30.8% | 28 | 40 | 31 | 31 | 22 | 16 |
| Current tax | -35.1% | 6.84 | 10 | 7.58 | 8.29 | 6.35 | 4.84 |
| Deferred tax | -19.5% | -0.53 | -0.28 | 0.65 | -0.15 | -0.12 | -0.19 |
| Total tax | -39.4% | 6.31 | 9.76 | 8.23 | 8.14 | 6.23 | 4.65 |
| Total profit (loss) for period | -27.6% | 22 | 30 | 23 | 23 | 16 | 11 |
| Other comp. income net of taxes | -3.2% | 0.02 | 0.05 | 0.05 | 0.08 | 0.14 | 0.07 |
| Total Comprehensive Income | -30% | 22 | 31 | 23 | 23 | 16 | 11 |
| Earnings Per Share, Basic | -31.3% | 11.26 | 15.94 | 11.95 | 11.83 | 8.48 | 5.82 |
| Earnings Per Share, Diluted | -31.3% | 11.26 | 15.94 | 11.95 | 11.83 | 8.48 | 5.82 |
| 13 |
| 13 |
| 13 |
| 13 |
| 13 |
| 13 |
| Non-current investments | 0% | 27 | 27 | 27 | 27 | 39 | 39 |
| Loans, non-current | 34.5% | 75 | 56 | 49 | 36 | 27 | 26 |
| Total non-current financial assets | 24.1% | 104 | 84 | 77 | 64 | 68 | 68 |
| Total non-current assets | 16.7% | 141 | 121 | 113 | 94 | 95 | 96 |
| Total assets | 6% | 319 | 301 | 286 | 274 | 275 | 262 |
| Borrowings, non-current | 22.4% | 2.42 | 2.16 | 1.88 | 2.03 | 10 | 10 |
| Total non-current financial liabilities | -12.2% | 5.4 | 6.01 | 5.42 | 6.26 | 15 | 15 |
| Provisions, non-current | - | 0.71 | 0 | 0.53 | 0.53 | 0.41 | 0.41 |
| Total non-current liabilities | 2.2% | 6.12 | 6.01 | 5.94 | 6.79 | 15 | 15 |
| Borrowings, current | -15.4% | 12 | 14 | 7.3 | 11 | 18 | 17 |
| Total current financial liabilities | 32.3% | 42 | 32 | 30 | 24 | 38 | 33 |
| Provisions, current | 5% | 0.24 | 0.2 | 0.14 | 0.17 | 0.15 | 0.16 |
| Current tax liabilities | 125% | 1.14 | 0.44 | 0.13 | 0.62 | 0 | 1.23 |
| Total current liabilities | 22.9% | 44 | 36 | 32 | 28 | 40 | 36 |
| Total liabilities | 22% | 51 | 42 | 38 | 34 | 55 | 51 |
| Equity share capital | 0% | 19 | 19 | 19 | 19 | 19 | 19 |
| Total equity | 3.5% | 268 | 259 | 249 | 239 | 220 | 211 |
| Total equity and liabilities | 6% | 319 | 301 | 286 | 274 | 275 | 262 |
| 93.6% |
| 0 |
| -14.51 |
| 0 |
| 0 |
| - |
| - |
| Income taxes paid (refund) | -38.2% | 7.18 | 11 | 9.85 | 7.02 | - | - |
| Other inflows (outflows) of cash | 94.9% | 0 | -18.5 | -0.9 | -1.01 | - | - |
| Net Cashflows From Operating Activities | 293.7% | 16 | 4.81 | 13 | 8.24 | - | - |
| Cashflows used in obtaining control of subsidiaries | - | 0.31 | 0 | 0 | 0 | - | - |
| Purchase of property, plant and equipment | 280.1% | 8.78 | -3.32 | 1.01 | 0.45 | - | - |
| Proceeds from sales of investment property | -96.1% | 0 | 0.49 | 0 | 0 | - | - |
| Purchase of investment property | -162.1% | 0 | 2.61 | 0 | 0 | - | - |
| Proceeds from sales of long-term assets | - | 0 | 0 | 0 | 0.15 | - | - |
| Dividends received | - | 0.94 | 0 | 0 | 0 | - | - |
| Interest received | -107.1% | 0 | 15 | 0.9 | 0.9 | - | - |
| Other inflows (outflows) of cash | -246.6% | -15.13 | 12 | 3.11 | 2.01 | - | - |
| Net Cashflows From Investing Activities | -242.8% | -23.27 | 18 | 4 | -6.97 | - | - |
| Proceeds from borrowings | 94.5% | 0 | -17.24 | 7.31 | 3.03 | - | - |
| Repayments of borrowings | - | -3.86 | 0 | 0.33 | 0 | - | - |
| Payments of lease liabilities | - | 0.28 | 0 | 0.38 | 0 | - | - |
| Dividends paid | 0% | 1.91 | 1.91 | 1.91 | 1.91 | - | - |
| Interest paid | - | 1.05 | 0 | 3.77 | 3.23 | - | - |
| Other inflows (outflows) of cash | 24.8% | 0 | -0.33 | -16.73 | 0 | - | - |
| Net Cashflows from Financing Activities | 98.1% | 0.61 | -19.49 | -15.83 | -2.11 | - | - |
| Net change in cash and cash eq. | -436.8% | -6.78 | 3.31 | 1.55 | -0.84 | - | - |
Analysis of VETO SWITCHGEARS AND CABLES's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| Lightings and fittings | 44.1% | 39.1 Cr |
| Accessories and others | 28.8% | 25.6 Cr |
| Wire and Cables | 27.1% | 24 Cr |
| Total | 88.8 Cr |