Valuation: Veto Switchgears and Cables Limited

Market Cap 1.61B 16.66M 14.65M 13.61M 12.52M 23.48M 23.9M 163M 63.49M 787M 62.54M 61.19M 2.73B P/E 2024
13.1x
P/E 2025 8.75x
Enterprise Value 1.83B 18.88M 16.6M 15.43M 14.19M 26.61M 27.08M 184M 71.95M 892M 70.88M 69.34M 3.09B EV / Sales 2024
0.83x
EV / Sales 2025 0.72x
Free-Float
52.33%
Yield 2024
0.81%
Yield 2025 0.99%
05-28 Veto Switchgears and Cables Limited Recommends Final Dividend for the Financial Year Ended March 31, 2026 CI
05-28 Veto Switchgears and Cables Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026 CI
02-13 Veto Switchgears and Cables Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025 CI
11-14 Veto Switchgears and Cables Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2025 CI
04/09/25 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
28/05/25 Veto Switchgears and Cables Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2025 CI
13/02/25 Veto Switchgears and Cables Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2024 CI
13/11/24 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
29/05/24 Veto Switchgears and Cables Limited Recommends Final Dividend for the Year Ended March 31, 2024 CI
1 day-1.94%
1 week-8.59%
Current month-5.71%
1 month-9.89%
3 months+11.87%
6 months+20.65%
Current year+4.72%
1 week 119.1
Extreme 119.1
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 26/08/2014
Director of Finance/CFO - 23/05/2016
Compliance Officer - 31/01/2024
Director TitleAgeSince
Director/Board Member 38 26/08/2014
Chairman 33 26/08/2014
Director/Board Member - 23/05/2016
Change 5-day change 1-year change 3-year change Capi.($)
-1.94%-8.59%-3.08%+13.10% 24.26M
+3.69%+3.48%+34.65%+74.19% 258B
-1.12%-0.92%+17.79%+77.50% 238B
-1.34%+0.40%+12.39%+62.90% 173B
+1.54%+4.74%+9.15%+100.15% 158B
0.00%-0.53%+266.47%+422.95% 151B
+0.96%+3.97%+134.89%+1,086.19% 116B
+1.97%-0.64%+126.28%+193.84% 112B
+2.79%+3.32%-2.17%+55.78% 78.21B
+1.35%+1.50%+32.87%+52.23% 54.34B
Average +0.78%+1.15%+62.92%+213.88% 133.71B
Weighted average by Cap. +0.99%+2.34%+66.01%+211.29%

Financials

2024 2025
Net sales 3B 31M 27.27M 25.33M 23.3M 43.69M 44.48M 303M 118M 1.46B 116M 114M 5.08B 3B 31.02M 27.28M 25.34M 23.31M 43.71M 44.49M 303M 118M 1.47B 116M 114M 5.08B
Net income 180M 1.85M 1.63M 1.51M 1.39M 2.61M 2.66M 18.11M 7.06M 87.56M 6.96M 6.81M 304M 221M 2.29M 2.01M 1.87M 1.72M 3.22M 3.28M 22.33M 8.71M 108M 8.58M 8.39M 375M
Net Debt 146M 1.51M 1.33M 1.23M 1.13M 2.13M 2.17M 14.75M 5.75M 71.33M 5.67M 5.55M 247M 215M 2.22M 1.95M 1.81M 1.67M 3.13M 3.18M 21.69M 8.46M 105M 8.33M 8.15M 364M
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
23/07/26 120.11 -1.94% 29,206
22/07/26 ₹122.49 -2.91% 38,119
21/07/26 ₹126.16 -1.15% 13,114
20/07/26 ₹127.63 -2.13% 16,912
17/07/26 ₹130.41 +1.00% 24,699
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