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Veto Switchgears & Cables Ltd. (IN:VETO)
:VETO
India Market
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Veto Switchgears & Cables Ltd. (VETO) Price & Analysis

2 Followers

VETO Stock Chart & Stats

₹112.30
-₹1.91(-1.46%)
At close: 4:00 PM EST
₹112.30
-₹1.91(-1.46%)

Bulls Say, Bears Say

Bulls Say
Revenue GrowthSustained ~21% top-line expansion with improving net income indicates enduring demand for its switchgear and cable products. Over 2-6 months this supports order visibility, production scale benefits and provides a foundation for continued investment in sales and operations.
Conservative Balance Sheet / Low LeverageVery low debt-to-equity and declining total debt materially reduce financial risk and increase resilience to demand cyclicality. This durable strength enables the company to fund working capital needs or targeted capex without pressuring liquidity or forcing dilutive financing.
Rising Equity And Improving ProfitabilitySteadily growing equity alongside improving net income supports balance-sheet flexibility and the capacity to invest in capacity or product development. Over months this bolsters long-term execution on contracts and reduces dependence on external capital for growth initiatives.
Bears Say
Weak And Volatile Cash-flow ConversionSharp swings to negative FCF and a ~57% drop in FY2026 suggest persistent working-capital pressure or high reinvestment needs. Over 2-6 months this can constrain discretionary spending, increase reliance on short-term funding, and raise execution risk on projects.
Margin Inconsistency And CompressionCompressed gross margins and volatile operating profits indicate limited pricing power or rising input costs. Structurally, this reduces cash cushion and makes earnings less predictable, hindering sustained margin expansion and long-term return improvements.
Only Moderate Returns On EquityHigh-single-digit ROE implies modest capital efficiency relative to peers. Over months this can limit the company’s ability to generate outsized shareholder returns or rapidly self-fund aggressive growth, signaling a moderate competitive moat.

VETO FAQ

What was Veto Switchgears & Cables Ltd.’s price range in the past 12 months?
Veto Switchgears & Cables Ltd. lowest stock price was ₹83.00 and its highest was ₹153.90 in the past 12 months.
    What is Veto Switchgears & Cables Ltd.’s market cap?
    Veto Switchgears & Cables Ltd.’s market cap is ₹2.39B.
      When is Veto Switchgears & Cables Ltd.’s upcoming earnings report date?
      Veto Switchgears & Cables Ltd.’s upcoming earnings report date is Aug 18, 2026 which is in 44 days.
        How were Veto Switchgears & Cables Ltd.’s earnings last quarter?
        Veto Switchgears & Cables Ltd. released its earnings results on May 28, 2026. The company reported ₹4.59 earnings per share for the quarter, beating the consensus estimate of N/A by ₹4.59.
          Is Veto Switchgears & Cables Ltd. overvalued?
          According to Wall Street analysts Veto Switchgears & Cables Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Veto Switchgears & Cables Ltd. pay dividends?
            Veto Switchgears & Cables Ltd. pays a Annually dividend of ₹1 which represents an annual dividend yield of 0.86%. See more information on Veto Switchgears & Cables Ltd. dividends here
              What is Veto Switchgears & Cables Ltd.’s EPS estimate?
              Veto Switchgears & Cables Ltd.’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Veto Switchgears & Cables Ltd. have?
              Veto Switchgears & Cables Ltd. has 19,114,956 shares outstanding.
                What happened to Veto Switchgears & Cables Ltd.’s price movement after its last earnings report?
                Veto Switchgears & Cables Ltd. reported an EPS of ₹4.59 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
                  Which hedge fund is a major shareholder of Veto Switchgears & Cables Ltd.?
                  Currently, no hedge funds are holding shares in IN:VETO
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Veto Switchgears & Cables Ltd.

                    Veto Switchgears and Cables Limited, operating with its subsidiaries, manufactures and sells a diverse range of wires, cables, and electrical accessories to both Indian and international markets. The company organizes its business into three primary segments: Wires and Cables, Lighting & Fittings, and Accessories & Others. Their extensive portfolio includes a variety of electrical accessories such as modular switches (marketed under names like vyoma, carino, and power), PUF and ZAC switches, Miniature Circuit Breakers (MCBs), isolators, distribution boxes, bells, and extension cords. In the wires and cables division, they provide multi-strand, low-tension industrial, and flexible copper cables, alongside specialized telephone and co-axial wires. The lighting segment offers a broad selection of products, encompassing LED panels, streetlights, floodlights, concealed lights, deep lights, bulbs, tubelights, surface and spot lights, wall and track lights, strip lights, and lighting chains. Compact fluorescent lamps and slim panel lights are also part of their lighting solutions. Additionally, Veto produces ceiling, ventilation, and fresh air fans, submersible pumps, and immersion heaters. The company markets its offerings through an established network of dealers and distributors, utilizing the VETO and VIMAL POWER brand names. Established in 1967, Veto Switchgears and Cables Limited is based in Jaipur, India.

                    Veto Switchgears & Cables Ltd. (VETO) Earnings & Revenues

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