Veto Switchgears & Cables Ltd. (IN:VETO)

:VETO

VETO

Veto Switchgears & Cables Ltd.

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Veto Switchgears & Cables Ltd. (VETO) Price & Analysis

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VETO Stock Chart & Stats

₹112.30

-₹1.91(-1.46%)

At close: Jan 08 4:00 PM EST

₹112.30

-₹1.91(-1.46%)

Day’s Range― - ―

52-Week Range₹83.00 - ₹141.90

Previous CloseN/A

Volume19.93K

Average Volume (3M)4.48K

Market Cap

₹2.12B

Enterprise Value₹2.27B

Total Cash (Recent Filing)₹75.47M

Total Debt (Recent Filing)₹161.09M

Price to Earnings (P/E)8.3

Beta0.99

Next Earnings

Jun 03, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend Yield0.86%

Share Statistics

EPS (TTM)10.70

Shares Outstanding19,114,956

10 Day Avg. Volume2,610

30 Day Avg. Volume4,480

Financial Highlights & Ratios

PEG Ratio0.43

Price to Book (P/B)0.84

Price to Sales (P/S)0.74

P/FCF Ratio-35.83

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Conservative Capital StructureA very high equity ratio and minimal leverage provide durable financial flexibility. Low debt reduces interest burden and bankruptcy risk, supporting investment or buffer during cycles. This conservatism helps sustain operations and fund strategic moves without heavy refinancing pressure.

Consistent Top-line And EPS GrowthSustained revenue expansion and strong EPS growth indicate underlying demand and improving profitability per share. Durable revenue growth supports scale benefits, helps absorb fixed costs, and forms a base for long-term margin recovery if cost controls persist.

Diverse Products And DistributionA broad product mix across residential, commercial and industrial segments plus wholesale, retail, OEM relationships and exports reduces single-market reliance. Multiple channels and export reach create structural resilience and opportunities to grow market share over time.

Bears Say

Negative Free Cash FlowFree cash flow turning negative is a durable red flag: it limits self‑funding for capex, working capital and dividends, and increases dependence on external financing. If operating cash conversion remains weak, strategic initiatives and balance sheet strength may be constrained.

Operating Margin DeteriorationA sharp drop in EBIT margin signals structural cost or pricing pressure that can erode long-term profitability. Without sustained margin recovery through efficiency gains or pricing power, cash generation and returns to shareholders may remain under pressure.

Modest Return On EquityAn ROE around mid-single digits indicates only modest capital returns given current asset use. Persistent subpar asset productivity suggests the firm may struggle to translate equity into higher long-term shareholder returns without improvements in utilization or higher-margin mix.

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 ₹141.90 in the past 12 months.

What is Veto Switchgears & Cables Ltd.’s market cap?

Veto Switchgears & Cables Ltd.’s market cap is ₹2.12B.

When is Veto Switchgears & Cables Ltd.’s upcoming earnings report date?

Veto Switchgears & Cables Ltd.’s upcoming earnings report date is Jun 03, 2026 which is in 13 days.

How were Veto Switchgears & Cables Ltd.’s earnings last quarter?

Veto Switchgears & Cables Ltd. released its earnings results on Feb 13, 2026. The company reported ₹3.447 earnings per share for the quarter, beating the consensus estimate of N/A by ₹3.447.

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 ₹3.447 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.371%.

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, together with its subsidiaries, manufactures and sells wires and cables, and electrical accessories in India and internationally. The company operates through Wire and Cables, Lighting & Fittings, and Accessories & Others segments. It provides electrical accessories, including vyoma, carino, and power modular switches, as well as PUF and ZAC switches; and MCBs/isolators/distribution boxes, and bells and extension cords. The company also offers wires and cables, such as multi strand, L.T. industrial, and copper flexible cables; ceiling, ventilation, and fresh air fans, as well as submersible pumps; and LED panels, street lights, flood lights, concealed lights, deep lights, bulbs, and tubelights, as well as surface and spot lights, wall and track lights, and strip lights and lighting chains. In addition, it provides telephone and co-axial wires, compact fluorescent lamps, slim panel lights, immersion heaters, distribution boards, and other electrical accessories, such as switch socket, MCB, bell, and all other electrical accessories. The company markets its products under the VETO and VIMAL POWER brand names through a network of dealers and distributors. Veto Switchgears and Cables Limited was founded in 1967 and is based in Jaipur, India.