Veto Switchgears & Cables Ltd. (IN:VETO)

:VETO

VETO

Veto Switchgears & Cables Ltd.

RESEARCH TOOLSreports

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

2 Followers

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

₹1.83B

Enterprise Value₹1.96B

Total Cash (Recent Filing)₹75.47M

Total Debt (Recent Filing)₹161.09M

Price to Earnings (P/E)8.3

Beta0.94

Next Earnings

Jun 03, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend Yield0.86%

Share Statistics

EPS (TTM)3.45

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

Consistent Revenue And EPS GrowthSustained top-line growth (~16% year-over-year) alongside a large EPS increase indicates durable demand and improving unit economics across product lines. Over 2–6 months this supports reinvestment capacity, scalability benefits and the potential to translate volume into longer-term profitability if margins stabilize.

Conservative Capital StructureA very high equity ratio and minimal leverage provide financial flexibility and lower solvency risk. This conservative balance sheet enables funding of capex, product expansion or working capital without immediate external borrowing, improving resilience across business cycles and supporting strategic initiatives.

Diversified Product & Channel MixA broad product portfolio combined with domestic distribution, export markets and OEM partnerships reduces reliance on a single channel or customer. This structural diversification enhances revenue stability, cross-selling opportunities and geographic growth optionality, supporting steady fundamentals over time.

Bears Say

Negative Free Cash FlowFree cash flow turning negative signals a cash-generation shortfall despite accounting profits. If sustained, negative FCF constrains internal funding for capex, working capital or dividends and forces reliance on external financing, increasing financial risk and limiting strategic flexibility.

Material EBIT Margin DeclineA sharp drop in EBIT margin reflects meaningful operational margin pressure, reducing core earnings power. Persistent margin compression diminishes the company's ability to self-fund growth, makes profitability more sensitive to cost inflation or pricing pressure, and raises execution risk for long-term returns.

Weaker Cash Conversion / LiquidityDeclining conversion of net income into operating cash suggests weaker earnings quality and potential working-capital strain. Over months this can create liquidity bottlenecks during growth or cyclical slowdowns, increasing the likelihood of short-term financing needs and operational constraints.

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 ₹1.83B.

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 58 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.