Valuation: Veto Switchgears and Cables Limited

Market Cap 2.32B 24.46M 21.95M 20.27M 18.38M 34.35M 34.77M 243M 96.5M 1.22B 91.8M 89.84M 3.86B P/E 2025
8.75x
P/E 2026 6.42x
Enterprise Value 2.51B 26.47M 23.76M 21.94M 19.89M 37.18M 37.63M 263M 104M 1.32B 99.36M 97.23M 4.18B EV / Sales 2025
0.72x
EV / Sales 2026 0.47x
Free-Float
49.53%
Yield 2025
0.99%
Yield 2026 1.18%
05/09 Veto Switchgears and Cables Limited announces Annual dividend, payable on October 28, 2026 CI
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
1 day+0.95%
1 week-4.42%
Current month-14.04%
1 month-16.94%
3 months+2.62%
6 months+11.02%
Current year+6.96%
1 week 120.05
Extreme 120.05
133
1 month 120.05
Extreme 120.05
150.99
Current year 82.32
Extreme 82.32
155.9
1 year 82.32
Extreme 82.32
155.9
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.($)
+0.95%-4.42%+1.67%+8.61% 24.46M
+0.32%-0.06%+8.26%+115.52% 228B
-2.10%-10.07%-39.67%+26.14% 163B
+0.91%-1.71%-4.37%+71.42% 152B
+3.30%+0.58%+1.17%+96.71% 149B
-3.21%-5.92%+41.12%+411.86% 121B
+1.33%-0.08%+7.66%+149.65% 101B
+2.83%+3.62%+23.66%+88.88% 92.75B
+5.68%+5.37%+37.89%+223.34% 94.42B
-2.49%-4.08%+4.44%+208.20% 86.78B
Average +0.75%-1.16%+8.18%+140.03% 118.85B
Weighted average by Cap. +0.58%+0.33%+5.76%+141.59%

Financials

2025 2026
Net sales 3B 31.62M 28.38M 26.21M 23.76M 44.42M 44.96M 314M 125M 1.57B 119M 116M 4.99B 3.87B 40.71M 36.54M 33.74M 30.6M 57.18M 57.89M 405M 161M 2.03B 153M 150M 6.43B
Net income 221M 2.33M 2.09M 1.93M 1.75M 3.27M 3.31M 23.15M 9.19M 116M 8.75M 8.56M 368M 251M 2.65M 2.37M 2.19M 1.99M 3.72M 3.76M 26.28M 10.44M 132M 9.93M 9.72M 418M
Net Debt 215M 2.26M 2.03M 1.88M 1.7M 3.18M 3.22M 22.49M 8.93M 113M 8.5M 8.31M 357M 191M 2.01M 1.81M 1.67M 1.51M 2.83M 2.86M 20M 7.94M 100M 7.56M 7.39M 318M
Projected Income Statement - Annual - Veto Switchgears and Cables Limited
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
351
Date Price Change Volume
28/10/26 INR 122.68 +0.95% 9,241
27/10/26 INR 121.53 +0.51% 24,555
26/10/26 INR 120.91 -1.48% 33,429
23/10/26 INR 122.73 -4.18% 53,108
22/10/26 INR 128.09 -0.20% 37,754
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