Valuation: Veto Switchgears and Cables Limited

Market Cap 2.61B 27.2M 24.17M 22.56M 20.56M 38.77M 39.13M 273M 106M 1.34B 102M 99.9M 4.29B P/E 2025
8.75x
P/E 2026 6.42x
Enterprise Value 2.81B 29.19M 25.93M 24.2M 22.06M 41.61M 42M 293M 114M 1.43B 110M 107M 4.6B EV / Sales 2025
0.72x
EV / Sales 2026 0.47x
Free-Float
49.53%
Yield 2025
0.99%
Yield 2026 1.18%
09-05 Veto Switchgears and Cables Limited announces Annual dividend, payable on October 28, 2026 CI
08-12 Veto Switchgears and Cables Limited Reports Earnings Results for the First Quarter Ended June 30, 2026 CI
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
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
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
1 day-4.15%
1 week-4.37%
Current month-4.15%
1 month+8.52%
3 months+7.04%
6 months+45.32%
Current year+19.26%
1 week 134.91
Extreme 134.91
155.9
1 month 123.1
Extreme 123.1
155.9
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.($)
-4.15%-4.37%+17.60%+6.99% 27.16M
+1.54%-0.79%+14.47%+105.37% 235B
+1.50%-0.81%-27.58%+43.38% 203B
+3.55%+4.12%+20.96%+95.76% 185B
-0.16%-0.48%+16.22%+108.28% 170B
-1.05%-1.31%+116.42%+480.89% 155B
+0.81%+1.69%+9.12%+133.28% 101B
-0.76%+2.35%+55.36%+215.41% 97.45B
+2.24%-0.74%+55.53%+554.52% 94.75B
+2.36%+3.74%+43.39%+197.46% 91.93B
Average +0.59%-0.22%+32.15%+194.13% 133.36B
Weighted average by Cap. +1.18%-0.33%+28.51%+186.96%

Financials

2025 2026
Net sales 3B 31.25M 27.76M 25.91M 23.62M 44.54M 44.96M 314M 122M 1.54B 117M 115M 4.93B 3.87B 40.23M 35.74M 33.36M 30.41M 57.35M 57.88M 404M 156M 1.98B 151M 148M 6.34B
Net income 221M 2.3M 2.05M 1.91M 1.74M 3.28M 3.31M 23.1M 8.95M 113M 8.64M 8.46M 363M 251M 2.61M 2.32M 2.17M 1.98M 3.73M 3.76M 26.23M 10.16M 128M 9.81M 9.6M 412M
Net Debt 215M 2.24M 1.99M 1.85M 1.69M 3.19M 3.22M 22.45M 8.7M 110M 8.4M 8.21M 353M 191M 1.99M 1.77M 1.65M 1.5M 2.84M 2.86M 19.96M 7.73M 97.74M 7.47M 7.3M 314M
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
01/10/26 ₹136.79 -4.15% 94,273
30/09/26 ₹142.72 -2.41% 117,752
29/09/26 ₹146.25 -0.98% 109,301
28/09/26 ₹147.70 -1.74% 243,862
25/09/26 ₹150.32 +5.09% 354,342
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