Valuation : Veto Switchgears and Cables Limited

Market Cap 1.61B 17.07M 14.68M 13.78M 12.61M 23.53M 23.72M 163M 63.48M 824M 64.09M 62.69M 2.66B P/E 2024
13.1x
P/E 2025 8.75x
Enterprise Value 1.83B 19.34M 16.64M 15.62M 14.29M 26.67M 26.88M 185M 71.94M 934M 72.63M 71.04M 3.01B EV / Sales 2024
0.83x
EV / Sales 2025 0.72x
Free-Float
49.53%
Yield 2024
0.81%
Yield 2025 0.99%
12/08 Veto Switchgears and Cables Limited Reports Earnings Results for the First Quarter Ended June 30, 2026 CI
29/05 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
05/09/25 Veto Switchgears and Cables Limited announces Annual dividend, payable on October 29, 2025 CI
13/08/25 Veto Switchgears and Cables Limited Reports Earnings Results for the First Quarter Ended June 30, 2025 CI
29/05/25 Veto Switchgears and Cables Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2025 CI
14/02/25 Veto Switchgears and Cables Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2024 CI
14/11/24 Veto Switchgears and Cables Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 CI
30/10/24 Veto Switchgears and Cables Limited Announces Changes of Registered Office CI
01/10/24 Veto Switchgears and Cables Limited Declares Final Dividend for the Financial Year Ended on 31 March 2024 CI
13/08/24 Veto Switchgears and Cables Limited Reports Earnings Results for the First Quarter Ended June 30, 2024 CI
1 day+1.55%
1 week-0.02%
Current month+2.00%
1 month+3.90%
3 months+5.25%
6 months+27.33%
Current year+11.57%
1 week 122
Extreme 122
129.99
1 month 118.16
Extreme 118.16
132
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
Chairman 33 27/08/2014
Director/Board Member 38 27/08/2014
Director/Board Member - 24/05/2016
Change 5-day change 1-year change 3-year change Capi.($)
+1.55%-0.02%+10.57%-6.76% 25.5M
+0.35%-7.78%+15.40%+47.84% 243B
-1.17%-5.70%+17.93%+95.89% 244B
+0.21%-3.43%+32.27%+82.72% 187B
+1.73%+0.57%+156.93%+408.67% 141B
+1.04%-4.98%+15.26%+72.20% 152B
+4.80%-0.13%+114.13%+587.27% 98.83B
-1.22%-2.02%+65.31%+120.91% 92.52B
+0.63%-5.09%+15.59%+52.93% 83.1B
-2.73%-6.67%+139.08%+2,350.99% 53.13B
Average +0.53%-3.73%+58.25%+381.27% 129.42B
Weighted average by Cap. +0.42%-4.21%+49.96%+245.52%

Financials

2024 2025
Net sales 3B 31.76M 27.33M 25.65M 23.46M 43.79M 44.14M 303M 118M 1.53B 119M 117M 4.94B 3B 31.78M 27.34M 25.66M 23.47M 43.81M 44.16M 304M 118M 1.54B 119M 117M 4.94B
Net income 180M 1.9M 1.63M 1.53M 1.4M 2.62M 2.64M 18.14M 7.06M 91.74M 7.13M 6.98M 295M 221M 2.34M 2.01M 1.89M 1.73M 3.23M 3.25M 22.36M 8.71M 113M 8.79M 8.6M 364M
Net Debt 146M 1.55M 1.33M 1.25M 1.14M 2.13M 2.15M 14.78M 5.75M 74.73M 5.81M 5.68M 241M 215M 2.27M 1.96M 1.84M 1.68M 3.14M 3.16M 21.72M 8.46M 110M 8.54M 8.35M 354M
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
03/09/26 INR 127.97 +1.55% 15,317
02/09/26 INR 126.02 -0.02% 13,200
01/09/26 INR 126.05 +0.47% 18,437
31/08/26 INR 125.46 -0.49% 41,098
28/08/26 INR 126.08 -1.50% 23,879
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