Veto Switchgears And Cables Ltd.

NSE: VETO | BSE: 539331

₹108.37

up-down-arrow-1.78 (-1.62%)

As on 30-Apr-2026IST

Market cap

info icon

₹207 Cr

Revenue (TTM)

info icon

₹337 Cr

P/E Ratio

info icon

8.7

P/B Ratio

info icon

0.7

Div. Yield

info icon

0.9 %

Veto Switchgears Share Price

Compare

High:loading Low:loading Return: loading

High:loading Low:loading Return: loading

Max:loading Min:loading Median:loading

Max:loading Min:loading Median:loading

loading...
loading...
loading...
loading...
loading...
loading...
loading...
loading...

Stock Range

Today’s Range

Low: 106.20 High: 110.55

52 Week Range

Low: 82.32 High: 141.00

Liquidityliquidity High

Low Moderate High

Fundamentals

  • Net Profit (TTM)Net Profit (TTM) information

    ₹24 Cr

  • ROEROE information

    8.5 %

  • ROCEROCE information

    11.2 %

  • Industry P/EIndustry P/E information

    48.23

  • EV/EBITDAEV/EBITDA information

    5.9

  • Debt to EquityDebt to Equity information

    0.1

  • Book ValueBook Value information

    ₹147.8

  • EPSEPS information

    ₹12.5

  • Face valueFace value information

    10

  • Shares outstandingShares outstanding information

    19,114,955

10 Years Aggregate

CFO

₹117.78 Cr

EBITDA

₹285.24 Cr

Net Profit

₹176.60 Cr

Performance

Company
YTD
1 Month
3 Months
1 Year
3 Years
5 Years
10 Years
Veto Switchgears
-5.5 20.2 6.9 -1.5 5.6 -4.0 1.2
BSE CG
16.3 20.2 15.8 22.0 28.1 30.5 19.3
As on 30-Apr-2026
Company
2025
2024
2023
2022
2021
2020
2019
Veto Switchgears
-13.5 12.2 4.4 6.7 29.9 113.1 -48.8
BSE Small Cap
-6.6 29.0 47.5 -1.8 62.8 32.1 -6.8
BSE CG
-1.0 21.6 66.9 16.0 53.4 10.6 -10.0

Essential Checks

View Details

Is there a threat to the company's solvency?

Can creative accounting be detected through the financial numbers?

How did the company perform in the last one year?

Financials

View Details
loading...

*All values are in (₹ Cr)

loading...

*All values are in (₹ Cr)

loading...

*All values are in (₹ Cr)

Key Ratios

View Details
loading...

loading...

loading...

5Y Avg -- 3Y Avg -- TTM --

loading...

P/E Ratio

--

--Min --Median --Max

loading...

P/B Ratio

--

--Min --Median --Max

loading...

Earnings Yield (%)

--

Earnings Yield (%) = EBIT / Enterprise value

PEG Ratio

--

Price = Price / Earnings to growth ratio

loading...

loading...

loading...

Peers

View Details
Company
Price (₹) Market Cap (₹ Cr) Revenue (TTM) Net Profit (TTM) OPM (%) ROE (%) P/E P/B
Veto Switchgears
108.4 206.6 337.0 23.1 9.3 8.8 8.7 0.7
201.0 2,239.4 1,086.0 13.3 -2.1 0.9 168.5 1.5
157.8 8,310.3 1,548.1 105.2 8.5 -- 79 -10.6
370.4 1,794.2 1,173.5 83.8 9.8 21.4 21.4 4.1
990.6 15,146.4 5,964.5 535.0 9.3 12.2 22.2 2.6
40.5 26,931.2 11,477.6 625.2 7.4 31.2 43.1 12.5
422.1 7,735.5 4,755.0 130.0 5.0 21 59.5 10.4
444.3 4,148.9 4,380.5 91.1 4.2 17.9 48.2 7.4
1,571.0 17,757.6 9,722.4 486.9 7.1 20.6 36.1 6.9
837.5 2,907.7 2,856.4 85.7 7.6 8.6 18.5 1.5

Shareholding Pattern

View Details
loading...
These are advertorial stories which keeps Value Research free for all. Click here to mark your interest for an ad-free experience in a paid plan

News & Analysis

All News

No Review & Analysis are available.

About Veto Switchgears

Veto Switchgears and Cables Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables, and electrical accessories in India and internationally. It operates through Wire and Cables, Accessories & Others, and...  Lighting and Fittings, and segments. The company offers electrical accessories, including vyoma and power modular switches; and MCBs, circuit breakers, distribution panel, isolator, AC box, and bells and extension cords. It also provides wires and cables, such as multi strand and flexible wires; ceiling, wall, pedesital and table fans; and slim LED panels, concealed light, deep light, spot light, flood light, street light, strip light, rope light, LED bulb and tube light, wall and track light, and surface panels. In addition, the company offers 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.  Read more

  • Incorporated

    2007

  • Chairman

    --

  • Managing Director

    Akshay Kumar Gurnani

  • Headquarters

    Vasai, Maharashtra

  • Website

    www.vetoswitchgears.com

Edit peer-selector-edit

FAQs for Veto Switchgears

The share price of Veto Switchgears And Cables Ltd is ₹108.37 (NSE) and ₹108.10 (BSE) as of 30-Apr-2026 IST. Veto Switchgears And Cables Ltd has given a return of 5.65% in the last 3 years.

The P/E ratio of Veto Switchgears And Cables Ltd is 8.65 times as on 30-Apr-2026, a 82 discount to its peers’ median range of 48.23 times.
The P/B ratio of Veto Switchgears And Cables Ltd is 0.73 times as on 30-Apr-2026, a 72 discount to its peers’ median range of 2.60 times.


PE & PB ratio at the end of financial year.


Year P/E Ratio P/B Ratio
2025
8.74
0.73
2024
13.06
0.95
2023
7.14
0.62
2022
8.69
0.82
2021
14.97
1.14

The 52-week high and low of Veto Switchgears And Cables Ltd are Rs 141.00 and Rs 82.32 as of 02-May-2026.

Veto Switchgears And Cables Ltd has a market capitalisation of ₹ 207 Cr as on 30-Apr-2026. As per SEBI classification, it is a Small Cap company.

Before investing in Veto Switchgears And Cables Ltd, assess your goals, risk tolerance, and if the company aligns with your long-term plan. Carefully review its business model, financials, and valuation. Avoid making decisions based on tips or short-term trends.

For guidance, explore our expert-curated portfolios and Stock recommendations with Value Research Stock Advisor.
Want to explore on your own? Click here to see how this stock scores on quality, growth, valuation, and momentum.