VETOVeto Switchgears And Cables Limited

Rs 120.91▼ -1.48%
Market closedEquity EOD 26 Oct
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52-week rangeThe lowest and highest prices the stock traded at over the last year, from each day's intraday low and high. The marker is today's close: 0% means it sits at the year's low, 100% at the high. It describes where the price is, not where it is going.52.4% up the range
Rs 82Rs 156
VETO price
Daily candles, adjusted for splits and bonus issues so a corporate action does not show as a crash. Pick a window from one month to the full history, add indicators, or open it full screen.
EOD 26 Oct
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At a glance
Each figure is shown against the company's sector (the track: the dot is this company, the tick is the sector middle) and, where we hold the yearly filings, against its own recent years (the small trend line).
Market capWhat the whole company is worth on the stock market today: share price times the number of shares. It measures size, not quality.
Rs 231 cr
Larger than 20% of 10 peers
sector middle Rs 702 cr
P/EPrice to earnings: how many rupees investors pay for each rupee of profit the company made over the last twelve months. Compare it with similar companies rather than reading it alone.
8.4x
Lowest of 7 peers
sector middle 32.6x
Price to bookPrice to book: the share price divided by the shareholders' money per share in the latest balance sheet. Around 1 means the market values the company close to its book value.
0.8x
Lower than 80% of 10 peers
sector middle 3.1x
ROEReturn on equity: the year's profit as a percentage of the shareholders' money in the business. It shows how much the company earns on what its owners have put in.
9.3%
Higher than 56% of 9 peers
sector middle 8.2%
FY23 8.8%FY26 8.5%
ROCEReturn on capital employed: operating profit as a percentage of all the long-term money in the business, owners' and lenders'. It shows how well the company uses its capital, whatever the mix of debt.
11.9%
Higher than 67% of 9 peers
sector middle 9.6%
FY23 14.0%FY26 11.9%
Debt to equityBorrowings divided by shareholders' money. 0 means no borrowings; 1 means it owes as much as its owners have put in. Not shown for banks and lenders, whose borrowing is their business.
0.07
Lower than 70% of 10 peers
sector middle 0.15
FY23 0.18FY26 0.07
Dividend yieldDividends paid over the last year as a percentage of the company's market value: roughly what Rs 100 of shares paid out in cash.
0.8%
Higher than 90% of 10 peers
sector middle 0.0%
Sales growthHow much the latest quarter's sales grew against the same quarter a year earlier.
+37.7%
Higher than 70% of 10 peers
sector middle +32.0%
FY23 8.7%FY26 28.7%

Peers are the listed companies in the exchange's own industry group: Consumer Electronics. Balance-sheet figures are from the latest filed balance sheet; trends show each financial year we hold.

What the numbers say
Short lines written by fixed rules from the company's own filings and shareholding. A line appears only when the figures cross the rule (for example sales growing three years running), and each names the numbers behind it. Nothing here is a view on whether to own the share.

Latest quarterIn the quarter to June 2026 (results filed 13 Aug 2026), sales rose 37.7% from a year earlier to Rs 89.4 cr and profit rose 70.5% to Rs 5.9 cr.

Going well
  • Sales grew 4 years running (Rs 268 cr in FY22 to Rs 387 cr in FY26).
Worth watching
  • Return on equity stayed under 10% from FY24 to FY26 (highest 8.5%).

Each line is written by a fixed rule from the company's own filings and share price, and names the figures it uses. It describes what happened; it is not advice about the share.

How the share moved on results
For each quarterly result we hold: the change from the share's close on the last trading day before the filing to its close on the first trading day after it. Results can land during market hours or after the close, and this window covers both. It shows what happened, not what will happen next time.

Over the last 19 results, the share rose on 7 and fell on 12, and moved by 3% or more on 9.

Q4 FY22Q4 FY23Q4 FY24Q1 FY26Q1 FY27

Q1 FY27: results filed 13 Aug 2026. The share went from its close on 12 Aug 2026 to its close on 14 Aug 2026 +2.84%.

Where every Rs 100 of sales goes
From the company's own yearly results. Each year is scaled to that year's sales, so you compare shares, not size: how much went on running costs, depreciation, interest and tax, and how much was left as profit.
5 financial years
Sales, last 12 months
Rs 411 Cr
Profit, last 12 months
Rs 27 Cr
Earnings per share
Rs 14.3
Profit growth (qtr, YoY)
+70.49%

Of every Rs 100 of sales in FY26, Rs 90 went on running costs, Rs 1.1 on depreciation, Rs 0.5 on interest and Rs 2.3 on tax; Rs 6.4 was left as profit.

FY22
87
7.5
FY23
89
7.0
FY24
90
FY25
89
7.3
FY26
90
Sales (Rs 100)Other incomeRunning costsDepreciationInterestTaxProfit

Thin bar: money in (sales plus other income). Thick bar: where it went. Each year is scaled to its own sales, so the bars compare shares, not size.

How fast it has grown
Compound growth per year in sales, profit and earnings per share between financial years, from the company's own results. A span appears only if our filings cover both ends of it.
Sales
3 yrs
+9.9%/yr
Latest qtr
+37.7%
Profit
3 yrs
+6.3%/yr
Latest qtr
+70.5%

Per year, compounded, between financial years FY26 and the year named; only spans our filings cover. The faint bar is the latest quarter against the same quarter a year earlier. Earnings per share is not shown: filed figures are not adjusted for bonus issues and splits, so its growth would mislead.

Health check, year by year
Margins, returns, debt and interest cover for each financial year. Each row is coloured against this company's own usual level, so you see what is improving and what is slipping.
MeasureFY22FY23FY24FY25FY26
Sales growthSales against the previous financial year.-8.7%3.1%0.1%28.7%
Operating marginProfit from operations, before depreciation, interest and tax, per Rs 100 of sales.12.7%11.3%10.3%10.6%9.7%
Net marginProfit after everything, per Rs 100 of sales.7.5%7.0%6.0%7.3%6.4%
ROEProfit as a percentage of shareholders' money (from the March balance sheet).-8.8%7.3%8.2%8.5%
ROCEOperating profit as a percentage of all long-term capital, owners' and lenders'.-14.0%12.8%11.4%11.9%
Debt to equityBorrowings divided by shareholders' money. Lower is safer.-0.18x0.09x0.09x0.07x
Interest coverHow many times operating profit covers the interest bill. Higher is safer.8.4x8.4x8.0x19.4x17.7x

Each row is coloured against this company's own usual level, not against other companies: green is better than its middle year, red worse, plain is close to it. ROE, ROCE and debt rows start once the filings carry a full balance sheet (FY22 at the earliest).

What it owns, and how that is paid for
Straight from the March balance sheet in the company's annual filing. Both bars are the whole balance sheet: what the company owns, and where the money for it came from.
as at 2026-03-31

At FY26 it owned Rs 398 Cr of assets. Its owners funded 73% of that and borrowings 5%.

What it owns
12%
26%
41%
20%
Plant, property and projects49 Cr
Goodwill and intangibles0 Cr
Investments0 Cr
Inventory103 Cr
Owed by customers164 Cr
Cash and bank2 Cr
Everything else80 Cr
How that is paid for
73%
13%
Shareholders290 Cr
Borrowings21 Cr
Owed to suppliers35 Cr
Other liabilities51 Cr
Cash and equivalents
Rs 2 Cr
Net debt
Rs 20 Cr
Current ratio
3.19x
short-term assets per rupee due soon
Book value / share
Rs 152
Return on assets
6.8%
EV / EBITDA
6.3x

From the March balance sheet in the company's annual filing (2026-03-31). Each bar is the full balance sheet; "everything else" is what the filed total leaves after the named lines.

Where the cash went
Profit is an accounting figure; cash flow is what actually moved. Cash from running the business, plus or minus what was spent on or received from investments, plus or minus what came from or went to lenders and shareholders, equals the change in cash.

In FY26 the business itself brought in Rs 10 Cr, spent Rs 5 Cr on plant and equipment, and cash rose by Rs 1 Cr over the year.

From running the business
+10 Cr
Spent on or received from investing
-4 Cr
From or to lenders and shareholders
-5 Cr
Net change in cash
+1 Cr
Cash from operations for every Rs 100 of profit
Rs 88
FY23
Rs 149
FY24
Rs 69
FY25
Rs 42
FY26

Rs 100 or more means every rupee of reported profit arrived as cash.

Full financial year to 2026-03-31, from the company's cash flow statement.

Against its sector
Where this stock sits within its own sector on each measure. The marker is its position in the peer group and the notch is the sector median. A position is a fact about the cohort, not a view on the stock.
Consumer Electronics · 15
P/E8.44vs 32.63 median
Cheapest: VETO 8.44Priciest: PGEL 66.62
Net margin6.57%vs 4.04% median
Lowest: BPL -18.52%Highest: IKIO 7.79%
Revenue growth37.74%vs 32.05% median
Lowest: BPL 9.84%Highest: SONAMLTD 75.65%

Median rather than average, so one loss-making or one very expensive peer cannot drag the reference. Valuation is shown without a colour verdict: a higher multiple can mean expensive, or faster growth expected, and only you can decide which.

Peers side by side
Every company in the same NSE industry group that we hold figures for, largest first. Tap any heading to sort by it. The same figures as the At a glance tiles, worked out the same way for every company.
Consumer Electronics · 11 shown
Company
DIXON
Dixon Technologies (India) Limited
68,194 cr32.6x14.6x38.6%33.8%0.094.0%+21.1%0.17%
HAVELLS
Havells India Limited
63,381 cr38.1x6.5x17.0%-0.006.6%+34.6%0.99%
PGEL
PG Electroplast Limited
13,565 cr66.6x4.5x6.8%10.6%0.203.5%+35.3%0.05%
IKIO
IKIO Technologies Limited
1,266 cr26.0x2.1x8.2%9.6%0.077.8%+40.9%0.00%
ONIDA
Onida Electronics Limited
930 cr-3.9x-32.1%-20.5%0.31-10.9%+29.5%0.00%
UNIVPHOTO
Universus Photo Imagings Limited
475 cr-0.6x-2.5%0.00-+10.3%0.00%
FOCUS
Focus Lighting and Fixtures Limited
351 cr61.3x2.4x4.0%5.6%0.133.0%+17.9%0.00%
SONAMLTD
SONAM LIMITED
278 cr30.8x3.9x12.6%15.5%0.304.5%+75.7%0.00%
VETO
Veto Switchgears And Cables Limited
231 cr8.4x0.8x9.3%11.9%0.076.6%+37.7%0.83%
BPL
BPL Limited
190 cr-0.8x-3.9%-1.1%0.28-18.5%+9.8%0.00%
KHAITANLTD
Khaitan (India) Limited
68 cr9.8x2.0x20.6%19.9%0.165.6%+39.8%0.00%

Swipe the table sideways for more columns. Tap a heading to sort. A dash means the figure is not filed or cannot be worked out for that company. A bigger cohort is cut to its 40 largest companies.

The business
Sales and net profit from the company's own filings, by financial year or by quarter. Hover any bar for that period's complete figures including operating margin and the change against the comparable earlier period. The single TTM figure above is the sum of the last four quarters.
5 years · 20 quarters
Full financial years - the long arc of the business.
Sales growth
+9.9%
a year, 3 years
Profit growth
+6.3%
a year, 3 years
Operating margin
9.7%
latest year
Sales by financial yearRs 387 Cr
Net profit by financial yearRs 25 Cr
FY225 full years · hover a yearFY26

Operating margin has gone from 12.7% to 9.7% over these years - the share of every rupee of sales kept after running costs, before interest and tax. Full financial years only, so a part-year is never shown as a whole one. Hover any year for its complete figures.

Dividends paid
Cash paid per share, from the exchange's corporate-action record, restated to today's share count across bonuses and splits. Dates shown are ex-dates: you must own the shares before that date to receive the payment.
Rs 827 in 2021
Paid 3 of 6 yrs
what 2021's payouts come to on Rs 1 lakh at today's price · nothing declared in the last twelve months
What each year paid, on Rs 1 lakh
1,241
1,654
827
16
17
18
19
20
21

2021 paid Rs 1.00 per share, about Rs 827 on Rs 1 lakh at today's price. It skipped 3 of the last 6 years. Dividends are at the company's discretion and can be cut or skipped.

Technical snapshot
Momentum, trend and delivery-based conviction from the actual price and volume history.
EOD 26 Oct
RSI (14) - momentum
36.3Neutral
0 oversold3070overbought 100
Delivery % - genuine buying vs churn
50%Near average
today 50%20d avg 57.1%

The share of traded quantity that was actually delivered (not squared off intraday) - high delivery vs its 20-session average suggests real buying or holding, not just churn.

vs 50-DMA
-8.05%
vs 200-DMA
+3.18%
1-month
-16.94%
3-month
-0.49%
1-year
+4.59%
Realized vol (30d)
49.6%
Insider trading disclosures
Promoter, director and other insider trades in the company's own shares, as disclosed to the exchange under SEBI's insider-trading regulations - usually within a few days of the transaction.
last 18 months

Insider trading data unavailable.

Recent announcements
The company's own filings to the exchange - results, board meetings, investor calls - with a link to the source document.
last 6 months

Announcements unavailable.

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Equity price, fundamentals and realized volatility are end-of-day / quarterly from real market data. The option chain (PCR, max pain, expected move, IV, OI) is live from the exchange during market hours; outside them it shows the last session's close. Shareholding, insider trades and announcements are the company's own exchange filings. Analysis only, not investment advice.