Valuation: Veto Switchgears and Cables Limited

Market Cap 1.61B 17.1M 15M 13.82M 12.94M 24.27M 24.77M 166M 64.28M 797M 64.22M 62.82M 2.76B P/E 2024
13.1x
P/E 2025 8.75x
Enterprise Value 1.83B 19.38M 16.99M 15.66M 14.67M 27.5M 28.07M 188M 72.85M 904M 72.78M 71.19M 3.13B 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-1.67%
1 week-4.51%
Current month+1.45%
1 month+3.05%
3 months+39.56%
6 months+9.34%
Current year+9.68%
1 week 123
Extreme 123
138.32
1 month 120.6
Extreme 120.6
153.95
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
Chairman 33 26/08/2014
Director/Board Member 38 26/08/2014
Director/Board Member - 23/05/2016
Change 5-day change 1-year change 3-year change Capi.($)
-1.67%-4.51%+0.47%+25.17% 25.49M
-5.20%-2.69%+51.80%+70.49% 264B
-1.80%-2.55%+20.09%+69.78% 235B
-1.25%-4.56%+20.02%+71.20% 177B
-4.09%-4.53%+14.00%+103.73% 156B
-8.59%-15.81%+326.89%+424.64% 147B
-6.64%-8.74%+139.03%+1,177.10% 117B
-6.75%-8.98%+216.67%+213.40% 114B
-1.27%-4.76%+7.75%+60.09% 80.37B
-4.74%+18.79%+384.09%+3,012.18% 62.79B
Average -4.20%-4.22%+118.08%+522.78% 135.35B
Weighted average by Cap. -4.33%-5.02%+101.92%+356.20%

Financials

2024 2025
Net sales 3B 31.83M 27.91M 25.73M 24.08M 45.16M 46.1M 309M 120M 1.48B 120M 117M 5.15B 3B 31.84M 27.92M 25.74M 24.09M 45.18M 46.12M 309M 120M 1.48B 120M 117M 5.15B
Net income 180M 1.9M 1.67M 1.54M 1.44M 2.7M 2.76M 18.49M 7.15M 88.72M 7.15M 6.99M 308M 221M 2.35M 2.06M 1.9M 1.78M 3.33M 3.4M 22.79M 8.82M 109M 8.81M 8.62M 379M
Net Debt 146M 1.55M 1.36M 1.25M 1.17M 2.2M 2.25M 15.06M 5.83M 72.28M 5.82M 5.69M 251M 215M 2.28M 2M 1.84M 1.72M 3.23M 3.3M 22.14M 8.57M 106M 8.56M 8.37M 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
25/06/26 ₹125.80 -1.67% 65,984
24/06/26 ₹127.94 +0.16% 20,013
23/06/26 ₹127.74 -4.17% 46,037
22/06/26 ₹133.30 +1.18% 71,687
19/06/26 ₹131.74 -5.00% 105,083
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