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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 double-digit top-line growth in FY2026 demonstrates strong end-market demand and effective distribution. Durable revenue expansion supports scale benefits, capacity to invest in product and network expansion, and provides a foundation for improving long-term profitability and market share.
Conservative LeverageA conservatively levered balance sheet with materially reduced debt and rising equity lowers financial risk and enhances flexibility. This durable strength supports investment, cushions cyclicality in electrical markets, and reduces refinancing pressure during downturns over the next several quarters.
Diverse Channels & ExportsBroad channel mix—retail, wholesale, OEM relationships—and export exposure create diversified demand sources, lowering concentration risk. Structural distribution breadth helps stabilize revenues across domestic cycles and opens sustained growth routes from international markets and OEM contracts.
Bears Say
Weak Cash ConversionVolatile operating cash flows and recurring negative free cash flow indicate working-capital swings or rising reinvestment needs. This undermines the company’s ability to self-fund capex, dividends, or acquisitions, increasing reliance on external financing and raising execution risk over the medium term.
Margin VolatilityCompressing gross margins and fluctuating operating profits point to input-cost sensitivity or inconsistent pricing power. Margin unpredictability reduces earnings quality and makes cashflow forecasting harder, limiting management’s ability to plan durable margin improvement initiatives.
Modest Return On EquityHigh-single-digit ROE reflects only moderate capital efficiency given the growth profile. Persistently modest ROE can constrain the company’s ability to generate attractive incremental returns on reinvested capital, potentially necessitating external capital for larger expansion and diluting long-term shareholder value.

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 ₹2.78B.
      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 65 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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