Valuation: Veto Switchgears and Cables Limited

Market Cap 161.33Cr 1.67Cr 1.46Cr 1.36Cr 1.25Cr 2.35Cr 2.39Cr 16Cr 6.34Cr 79Cr 6.28Cr 6.14Cr 272.7Cr P/E 2024
13.1x
P/E 2025 8.75x
Enterprise Value 182.83Cr 1.89Cr 1.66Cr 1.54Cr 1.42Cr 2.67Cr 2.71Cr 18Cr 7.19Cr 89Cr 7.11Cr 6.96Cr 309.05Cr EV / Sales 2024
0.83x
EV / Sales 2025 0.72x
Free-Float
52.33%
Yield 2024
0.81%
Yield 2025 0.99%
28/05 Veto Switchgears and Cables Limited Recommends Final Dividend for the Financial Year Ended March 31, 2026 CI
28/05 Veto Switchgears and Cables Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026 CI
13/02 Veto Switchgears and Cables Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025 CI
14/11 Veto Switchgears and Cables Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2025 CI
05/25/05 Veto Switchgears and Cables Limited announces Annual dividend, payable on October 29, 2025 CI
13/25/13 Veto Switchgears and Cables Limited Reports Earnings Results for the First Quarter Ended June 30, 2025 CI
28/25/28 Veto Switchgears and Cables Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2025 CI
13/25/13 Veto Switchgears and Cables Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2024 CI
13/24/13 Veto Switchgears and Cables Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 CI
30/24/30 Veto Switchgears and Cables Limited Announces Changes of Registered Office CI
01/24/01 Veto Switchgears and Cables Limited Declares Final Dividend for the Financial Year Ended on 31 March 2024 CI
13/24/13 Veto Switchgears and Cables Limited Reports Earnings Results for the First Quarter Ended June 30, 2024 CI
29/24/29 Veto Switchgears and Cables Limited Recommends Final Dividend for the Year Ended March 31, 2024 CI
1 day-0.52%
1 week-5.63%
Current month-4.34%
1 month-4.61%
3 months+15.77%
6 months+23.58%
Current year+6.23%
1 week 120
Extreme 120
134.1
1 month 116.55
Extreme 116.55
134.1
Current year 82.32
Extreme 82.32
153.95
1 year 82.32
Extreme 82.32
153.95
3 years 82.32
Extreme 82.32
196
5 years 71.45
Extreme 71.45
196
10 years 26.3
Extreme 26.3
265.5
Manager TitleAgeSince
Chief Executive Officer 33 27/08/2014
Director of Finance/CFO - 24/05/2016
Compliance Officer - 01/02/2024
Director TitleAgeSince
Director/Board Member 38 27/08/2014
Chairman 33 27/08/2014
Director/Board Member - 24/05/2016
Change 5-day change 1-year change 3-year change Capi.($)
-0.52%-5.63%-3.68%+13.56% 2.43Cr
-2.60%-0.20%+29.86%+67.99% 26TCr
-0.59%-0.57%+18.20%+78.13% 24TCr
-0.63%+1.02%+13.08%+63.91% 17TCr
+0.98%-1.44%+9.19%+95.92% 16TCr
+2.45%-0.53%+266.47%+422.95% 15TCr
-1.10%-1.12%+140.37%+1,072.74% 12TCr
+0.66%-2.56%+121.90%+188.15% 11TCr
+0.27%+2.48%-3.26%+53.05% 7.82TCr
-0.28%+1.53%+32.30%+50.50% 5.43TCr
Average -0.15%-0.67%+62.44%+210.69% 13.37TCr
Weighted average by Cap. -0.36%-0.07%+65.27%+207.97%

Financials

2024 2025
Net sales 300.26Cr 3.11Cr 2.73Cr 2.53Cr 2.33Cr 4.38Cr 4.45Cr 30Cr 12Cr 146.92Cr 12Cr 11Cr 507.54Cr 300.38Cr 3.11Cr 2.73Cr 2.53Cr 2.33Cr 4.38Cr 4.45Cr 30Cr 12Cr 146.98Cr 12Cr 11Cr 507.74Cr
Net income 18Cr 18.6L 16.3L 15.13L 13.91L 26.2L 26.59L 1.8Cr 70.56L 8.78Cr 69.84L 68.33L 30Cr 22Cr 22.94L 20.1L 18.66L 17.14L 32.3L 32.78L 2.22Cr 86.99L 11Cr 86.1L 84.24L 37Cr
Net Debt 15Cr 15.16L 13.28L 12.33L 11.33L 21.35L 21.66L 1.47Cr 57.48L 7.16Cr 56.89L 55.67L 25Cr 22Cr 22.28L 19.52L 18.12L 16.65L 31.38L 31.84L 2.16Cr 84.51L 11Cr 83.64L 81.84L 36Cr
Logo Veto Switchgears and Cables Limited
Veto Switchgears and Cables Limited is an India-based company, which is engaged in manufacturing of wires and cables, electrical accessories and also deals in light emitting diode (LED) lighting, compact fluorescent lamps (CFLs) and fans. The Company operates through three segments: Wire and Cables, Lighting & Fittings, and Accessories & Others. The Company's product portfolio ranges from slim LED panel, concealed light, deep light, spotlight, floodlight, streetlight, strip light, rope light, LED bulb, LED tube light, wall and track light, surface panel, vimal multi strand cables, veto multistrand cables, vimal flexible wire, ceiling fan, wall fan, pedestal fan, table fan, circuit breaker, distribution panels, isolator, AC box, ding-dong bell, stereo bells, multi tune bells, and extension cords. The Company has its manufacturing unit in Haridwar. The Company's subsidiaries include Veto Electricals Private Limited, Vankon Modular Private Limited, and others.
Employees
336
Date Price Change Volume
23/26/23 121.85 -0.52% 10,998
22/26/22 ₹122.49 -2.91% 38,119
21/26/21 ₹126.16 -1.15% 13,114
20/26/20 ₹127.63 -2.13% 16,912
17/26/17 ₹130.41 +1.00% 24,699
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