Valuation: Veto Switchgears and Cables Limited

Market Cap 1.61B 16.84M 14.8M 13.81M 12.68M 23.73M 24.32M 164M 64.06M 798M 63.24M 61.86M 2.76B P/E 2024
13.1x
P/E 2025 8.75x
Enterprise Value 1.83B 19.09M 16.77M 15.66M 14.37M 26.9M 27.56M 186M 72.6M 905M 71.67M 70.11M 3.13B EV / Sales 2024
0.83x
EV / Sales 2025 0.72x
Free-Float
52.33%
Yield 2024
0.81%
Yield 2025 0.99%
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
30/05/24 Veto Switchgears and Cables Limited Recommends Final Dividend for the Year Ended March 31, 2024 CI
1 day+1.08%
1 week-4.22%
Current month-5.13%
1 month-3.94%
3 months+9.36%
6 months+20.79%
Current year+5.35%
1 week 117.59
Extreme 117.59
125.83
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.($)
+1.08%-4.22%-3.91%+13.73% 23.92M
+1.53%+3.83%+38.61%+72.50% 270B
-0.18%0.00%+19.47%+75.02% 238B
-1.98%-4.54%+7.79%+58.48% 168B
-5.50%-10.58%-6.70%+77.22% 150B
-5.38%-18.53%+186.40%+307.91% 127B
-7.17%-5.63%+100.00%+160.27% 106B
-16.00%-25.11%+58.05%+767.11% 104B
-3.23%+5.20%-0.49%+60.80% 85.03B
-1.93%-0.37%+32.00%+48.94% 55.34B
Average -3.84%-3.19%+43.12%+164.20% 130.23B
Weighted average by Cap. -3.23%-2.43%+44.03%+155.23%

Financials

2024 2025
Net sales 3B 31.35M 27.54M 25.71M 23.6M 44.17M 45.26M 305M 119M 1.49B 118M 115M 5.14B 3B 31.36M 27.56M 25.72M 23.61M 44.19M 45.28M 305M 119M 1.49B 118M 115M 5.14B
Net income 180M 1.87M 1.65M 1.54M 1.41M 2.64M 2.71M 18.23M 7.13M 88.83M 7.04M 6.88M 307M 221M 2.31M 2.03M 1.9M 1.74M 3.26M 3.34M 22.47M 8.79M 110M 8.68M 8.49M 379M
Net Debt 146M 1.53M 1.34M 1.25M 1.15M 2.15M 2.2M 14.85M 5.81M 72.37M 5.73M 5.61M 250M 215M 2.24M 1.97M 1.84M 1.69M 3.16M 3.24M 21.83M 8.54M 106M 8.43M 8.24M 368M
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
29/07/26 INR 120.84 +1.08% 12,444
28/07/26 INR 119.55 -1.31% 11,430
27/07/26 INR 121.14 -0.30% 11,860
24/07/26 INR 121.50 +1.16% 25,085
23/07/26 INR 120.11 -1.94% 29,206
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