Valuation: Veto Switchgears and Cables Limited

Market Cap 1.61B 16.95M 14.66M 13.69M 12.56M 23.63M 24M 161M 63.06M 809M 63.66M 62.26M 2.67B P/E 2024
13.1x
P/E 2025 8.75x
Enterprise Value 1.83B 19.21M 16.62M 15.52M 14.24M 26.77M 27.2M 182M 71.46M 916M 72.14M 70.56M 3.03B 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-0.58%
1 week+0.68%
Current month+0.68%
1 month+1.92%
3 months+6.64%
6 months+20.64%
Current year+6.54%
1 week 120.1
Extreme 120.1
126
1 month 117.59
Extreme 117.59
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.($)
-0.58%+0.68%-0.78%-3.67% 24.54M
+0.02%-1.83%+47.29%+57.02% 269B
+2.45%-1.01%+20.40%+92.06% 248B
+1.03%+4.87%+36.80%+91.03% 197B
+0.36%+8.06%+23.66%+103.76% 174B
-1.79%+0.61%+159.03%+357.70% 133B
-1.01%+12.76%+94.67%+652.07% 105B
0.00%-5.76%+81.94%+131.86% 99.14B
+0.86%+5.63%+19.23%+64.00% 88.28B
+0.91%+4.94%+39.31%+58.04% 58.15B
Average +0.23%+3.51%+52.15%+160.39% 137.28B
Weighted average by Cap. +0.48%+2.94%+52.70%+154.61%

Financials

2024 2025
Net sales 3B 31.55M 27.29M 25.48M 23.38M 43.97M 44.67M 299M 117M 1.5B 118M 116M 4.98B 3B 31.56M 27.3M 25.49M 23.39M 43.99M 44.69M 299M 117M 1.51B 119M 116M 4.98B
Net income 180M 1.89M 1.63M 1.52M 1.4M 2.63M 2.67M 17.88M 7.02M 89.98M 7.08M 6.93M 297M 221M 2.33M 2.01M 1.88M 1.72M 3.24M 3.29M 22.04M 8.65M 111M 8.73M 8.54M 367M
Net Debt 146M 1.54M 1.33M 1.24M 1.14M 2.14M 2.18M 14.56M 5.72M 73.3M 5.77M 5.64M 242M 215M 2.26M 1.95M 1.82M 1.67M 3.15M 3.2M 21.41M 8.4M 108M 8.48M 8.3M 356M
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
07/08/26 ₹122.20 -0.58% 9,886
06/08/26 ₹122.91 -1.09% 15,895
05/08/26 ₹124.27 +1.40% 16,609
04/08/26 ₹122.56 -0.50% 10,108
03/08/26 ₹123.17 +1.47% 7,499
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