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Veto Switchgears & Cables Ltd

(VETO)

₹1341.63%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Veto Switchgears & Cables Ltd Performance

  • Day's High

    ₹134
    Day's Price Range
    ₹135
  • 52 Week's Low

    52 Week's High

    ₹106.05
    52-Week Price Range
    ₹196
1 Month Return+ 8.4 %
3 Month Return-11.91 %
1 Year Return+ 17.08 %
Previous Close₹136.22
Open₹134.00
Volume13.16K
Upper Circuit-
Lower Circuit-
Market Cap₹265.70Cr

Veto Switchgears & Cables Ltd Key Statistics

P/E Ratio14.49
PEG Ratio207.02
Market Cap₹265.70 Cr
P/B Ratio0.98
EPS9.45
Dividend Yield0.82
SectorCapital Goods - Electrical Equipment
ROE13.55

Veto Switchgears & Cables Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹265.70 Cr55.26%0.53₹18 Cr₹300 Cr
NA₹97.34 Cr71.23%0.80NANA
NA₹7,025.14 Cr314.17%0.51₹118 Cr₹1,000 Cr
NA₹28.04 Cr-4.03%0.00NANA
NA₹238.82 Cr46.5%0.56₹1 Cr₹32 Cr

About Veto Switchgears & Cables Ltd

Veto Switchgears and Cables Ltd is a Jaipur Rajasthan-based ISO 9001:2008 certified company, which was originally established as Veto Industries in 2003. It is a part of the Gurnani Group and is managed by the subsidiary company Veto Electropowers India Private Ltd. The company provides an extensive range of electrical products such as industrial cables, stand cables, telephone & coaxial wires, switches, ceiling fans, rechargeable fans, CFL lamps, and much more. The company was initially established in 2003, and through several name changes, its current name has been in existence since 2012. All the products manufactured by Veto Switchgears and Cables Ltd are of top-notch quality which has made it one of India’s leading electrical businesses.

Share Price: ₹134.00 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹265.70Cr as of today
Revenue: ₹74.28Cr as on September 2024 (Q3 24)
Net Profit: ₹5.97Cr as on September 2024 (Q3 24)
Listing date: 13 Dec, 2012
OrganisationVeto Switchgears & Cables Ltd
HeadquartersJaipur
IndustryCapital Goods - Electrical Equipment
E-voting on sharesClick here to vote

Key events for Veto Switchgears & Cables Ltd

  • Veto Switchgears Shows Positive Growth Outlook - 15 Nov, 2024

    Veto Switchgears & Cables Ltd has experienced a 12% share price increase over the past year. Despite recent margin pressures from competition and commodity costs, the company's sales and net profit have grown at CAGRs of 6.6% and 9.3%, respectively. The outlook remains positive due to increasing demand for its products.

Insights on Veto Switchgears & Cables Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 0.09% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 61.63 Cr → 74.43 Cr (in ₹), with an average increase of 17.2% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, VETO stock has moved up by 3.3%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 2.12 Cr → 5.91 Cr (in ₹), with an average increase of 37.1% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Blue Star Ltd has given 304.9% return, outperforming this stock by 266.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Blue Star Ltd has given 115.0% return, outperforming this stock by 98.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 45.06% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 54.94% to 54.86% in Sep 2024 quarter

Veto Switchgears & Cables Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹71.64Cr (-)₹82.05Cr (↑14.53%)₹79.44Cr (↓3.18%)₹61.21Cr (↓22.95%)₹74.28Cr (↑21.35%)
Net Income₹6.05Cr (-)₹4.89Cr (↓19.17%)₹2.23Cr (↓54.40%)₹4.88Cr (↑118.83%)₹5.97Cr (↑22.34%)
Net Profit Margin8.45% (-)5.96% (↓29.47%)2.81% (↓52.85%)7.97% (↑183.63%)8.04% (↑0.88%)
Value in ₹ crore
Details2021202220232024
Total Assets₹224.48Cr (-)₹250.64Cr (↑11.65%)₹261.27Cr (↑4.24%)₹273.64Cr (↑4.73%)
Total Liabilities₹55.66Cr (-)₹61.04Cr (↑9.67%)₹50.68Cr (↓16.97%)₹34.43Cr (↓32.06%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹10.95Cr (-)₹3.13Cr (↓71.42%)₹1.40Cr (↓55.27%)₹5.09Cr (↑263.57%)₹4.79Cr (↓5.89%)

Veto Switchgears & Cables Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
45.06%
0.00
Foreign Institutions
0.09%
2927.59
Mutual Funds
0%
0.00
Retail Investors
54.86%
-0.15
Others
0%
-100.00

Veto Switchgears & Cables Ltd Key Indicators

Details20202021202220232024
Return On Equity %7.5210.0312.6211.4213.55
Details20202021202220232024
Return On Assets %4.796.597.997.756.56
Details20202021202220232024
Book Value Per Share (₹)93101.38111.24121.83128.83
Details20202021202220232024
Earning Per Share (₹)4.857.7610.5610.79.45

Veto Switchgears & Cables Ltd Valuation

Veto Switchgears & Cables Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.05x)

November 16, 2018

Today (14.49x)

December 19, 2024

Industry (148.94x)

December 19, 2024

Highest (24.50x)

March 8, 2021

LowHigh

Veto Switchgears & Cables Ltd Earnings and Dividends

  • Veto Switchgears & Cables Ltd Earnings Results

    Veto Switchgears & Cables Ltd’s net profit fell -1.17% since last year same period to ₹5.91Cr in the Q2 2024-2025. On a quarterly growth basis, Veto Switchgears & Cables Ltd has generated 21.86% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Veto Switchgears & Cables Ltd Dividends May,2024

    In the quarter ending March 2024, Veto Switchgears & Cables Ltd has declared dividend of ₹1 - translating a dividend yield of 1.49%.

    Read More about Dividends

Veto Switchgears & Cables Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Veto Switchgears & Cables Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Veto Switchgears & Cables Ltd

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Veto Switchgears & Cables Ltd (VETO) share price today is ₹134

Veto Switchgears & Cables Ltd is listed on NSE

Veto Switchgears & Cables Ltd is listed on BSE

  • Today’s highest price of Veto Switchgears & Cables Ltd is ₹135.
  • Today’s lowest price of Veto Switchgears & Cables Ltd is ₹134.

PE Ratio of Veto Switchgears & Cables Ltd is 14.49

PE ratio = Veto Switchgears & Cables Ltd Market price per share / Veto Switchgears & Cables Ltd Earnings per share

Today’s traded volume of Veto Switchgears & Cables Ltd(VETO) is 13.16K.

Today’s market capitalisation of Veto Switchgears & Cables Ltd(VETO) is ₹265.7Cr.

Veto Switchgears & Cables Ltd(VETOPrice
52 Week High
₹196
52 Week Low
₹106.05

Veto Switchgears & Cables Ltd(VETO) share price is ₹134. It is down -31.63% from its 52 Week High price of ₹196

Veto Switchgears & Cables Ltd(VETO) share price is ₹134. It is up 26.36% from its 52 Week Low price of ₹106.05

Veto Switchgears & Cables Ltd(VETOReturns
1 Day Returns
-2.22%
1 Month Returns
8.4%
3 Month Returns
-11.91%
1 Year Returns
17.08%