NSE
VETO

Veto Switchgears And Cables Limited

Electrical Equipment & Parts
Industrials

Prices are adjusted according to historical splits.

Veto Switchgears And Cables Limited Stock Price

Vitals

Today's Low:
₹121.5
Today's High:
₹134.7
Open Price:
₹132.95
52W Low:
₹71.4
52W High:
₹146.9
Prev. Close:
₹134.15
Volume:
28987

Company Statistics

Market Cap.:
₹2.66 billion
Book Value:
133.975
Revenue TTM:
₹3.03 billion
Operating Margin TTM:
11.08%
Gross Profit TTM:
₹809.42 million
Profit Margin:
6.17%
Return on Assets TTM:
6.99%
Return on Equity TTM:
9.15%

Company Profile

Veto Switchgears And Cables Limited had its IPO on under the ticker symbol VETO.

The company operates in the Industrials sector and Electrical Equipment & Parts industry. Veto Switchgears And Cables Limited has a staff strength of 0 employees.

Stock update

Shares of Veto Switchgears And Cables Limited opened at ₹132.95 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹121.5 - ₹134.7, and closed at ₹122.75.

This is a -8.5% slip from the previous day's closing price.

A total volume of 28,987 shares were traded at the close of the day’s session.

In the last one week, shares of Veto Switchgears And Cables Limited have slipped by -10.56%.

Veto Switchgears And Cables Limited's Key Ratios

Veto Switchgears And Cables Limited has a market cap of ₹2.66 billion, indicating a price to book ratio of 1.0013 and a price to sales ratio of 0.7978.

In the last 12-months Veto Switchgears And Cables Limited’s revenue was ₹3.03 billion with a gross profit of ₹809.42 million and an EBITDA of ₹364.44 million. The EBITDA ratio measures Veto Switchgears And Cables Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Veto Switchgears And Cables Limited’s operating margin was 11.08% while its return on assets stood at 6.99% with a return of equity of 9.15%.

In Q2, Veto Switchgears And Cables Limited’s quarterly earnings growth was a negative -24.7% while revenue growth was a positive 11.9%.

Veto Switchgears And Cables Limited’s PE and PEG Ratio

Forward PE
0
Trailing PE
14.0891
PEG

Its diluted EPS in the last 12-months stands at ₹9.88 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Veto Switchgears And Cables Limited’s profitability.

Veto Switchgears And Cables Limited stock is trading at a EV to sales ratio of 0.9068 and a EV to EBITDA ratio of 6.067. Its price to sales ratio in the trailing 12-months stood at 0.7978.

Veto Switchgears And Cables Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0.7% and a payout ratio of 11.6%.

Balance sheet and cash flow metrics

Total Assets
₹3.21 billion
Total Liabilities
₹704.06 million
Operating Cash Flow
₹0
Capital Expenditure
₹0
Dividend Payout Ratio
11.6%

Veto Switchgears And Cables Limited ended 2024 with ₹3.21 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹3.21 billion while shareholder equity stood at ₹2.33 billion.

Veto Switchgears And Cables Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹704.06 million in other current liabilities, 191150000.00 in common stock, ₹2.14 billion in retained earnings and ₹11000.00 in goodwill. Its cash balance stood at ₹152.49 million and cash and short-term investments were ₹152.49 million. The company’s total short-term debt was ₹324,532,000 while long-term debt stood at ₹104.70 million.

Veto Switchgears And Cables Limited’s total current assets stands at ₹2.68 billion while long-term investments were ₹0 and short-term investments were ₹0. Its net receivables were ₹1.39 billion compared to accounts payable of ₹259.52 million and inventory worth ₹1.05 billion.

In 2024, Veto Switchgears And Cables Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Veto Switchgears And Cables Limited paid ₹0.12 in dividends in 2024.

Other key metrics

Current Trading Price
₹122.75
52-Week High
₹146.9
52-Week Low
₹71.4
Analyst Target Price

Veto Switchgears And Cables Limited stock is currently trading at ₹122.75 per share. It touched a 52-week high of ₹146.9 and a 52-week low of ₹146.9. Analysts tracking the stock have a 12-month average target price of .

Its 50-day moving average was ₹121.1 and 200-day moving average was ₹105.1 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 5385.1% of the company’s stock are held by insiders while 0% are held by institutions.

Frequently Asked Questions About Veto Switchgears And Cables Limited

The stock symbol (also called stock or share ticker) of Veto Switchgears And Cables Limited is VETO

The IPO of Veto Switchgears And Cables Limited took place on

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About

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, Lighting & Fittings, and Accessories & Others segments. The company offers 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. It also provides 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, the company offers 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.

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