Valuation: Veto Switchgears and Cables Limited

Market Cap 1.61B 16.75M 14.71M 13.68M 12.56M 23.59M 23.96M 162M 63.48M 793M 62.89M 61.53M 2.74B P/E 2024
13.1x
P/E 2025 8.75x
Enterprise Value 1.83B 18.99M 16.67M 15.51M 14.23M 26.74M 27.15M 184M 71.94M 899M 71.27M 69.73M 3.11B 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
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
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+1.16%
1 week-6.83%
Current month-4.62%
1 month-3.42%
3 months+17.66%
6 months+23.23%
Current year+5.93%
1 week 117.59
Extreme 117.59
132
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 27/08/2014
Director of Finance/CFO - 24/05/2016
Compliance Officer - 01/02/2024
Director TitleAgeSince
Chairman 33 27/08/2014
Director/Board Member 38 27/08/2014
Director/Board Member - 24/05/2016
Change 5-day change 1-year change 3-year change Capi.($)
+1.16%-6.83%-3.18%+13.45% 24.12M
-0.77%+6.39%+35.43%+69.21% 265B
+1.51%+2.91%+19.78%+79.35% 238B
+1.00%+2.13%+13.46%+63.94% 171B
-2.66%+1.02%+3.03%+95.87% 157B
-5.05%+2.59%+245.26%+390.38% 143B
-0.97%+2.33%+115.44%+180.37% 114B
-4.50%+0.28%+111.22%+1,017.20% 112B
+2.10%+6.02%-1.13%+59.78% 82.86B
+0.34%+2.10%+34.36%+52.45% 55.46B
Average -0.78%+2.00%+57.37%+202.20% 133.84B
Weighted average by Cap. -0.92%+2.91%+59.31%+195.03%

Financials

2024 2025
Net sales 3B 31.18M 27.38M 25.47M 23.37M 43.91M 44.59M 302M 118M 1.48B 117M 115M 5.1B 3B 31.19M 27.4M 25.48M 23.38M 43.93M 44.6M 303M 118M 1.48B 117M 115M 5.11B
Net income 180M 1.86M 1.64M 1.52M 1.4M 2.63M 2.67M 18.08M 7.06M 88.26M 7M 6.85M 305M 221M 2.3M 2.02M 1.88M 1.72M 3.24M 3.29M 22.29M 8.71M 109M 8.63M 8.44M 376M
Net Debt 146M 1.52M 1.33M 1.24M 1.14M 2.14M 2.17M 14.73M 5.75M 71.9M 5.7M 5.58M 249M 215M 2.23M 1.96M 1.82M 1.67M 3.14M 3.19M 21.65M 8.46M 106M 8.38M 8.2M 365M
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
24/07/26 ₹121.50 +1.16% 25,085
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
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