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Consumer Durables | Small Cap
Health Score : 6.91Veto Switchgears & Cables Ltd demonstrates a mixed financial performance. The company exhibits strong solvency and growth, alongside robust profitability and coverage ratios, indicating a solid foundation and potential for expansion. However, efficiency and financial ratios present areas of concern, suggesting operational challenges and potential undervaluation. While liquidity appears reasonable, a closer examination reveals vulnerabilities in cash management. These factors collectively shape a nuanced outlook, highlighting opportunities for strategic improvements to unlock further value. The company's ability to capitalize on its strengths while addressing weaknesses will be crucial for sustained success in the consumer durables sector.
Health Score : 6.91Veto Switchgears & Cables Ltd demonstrates a mixed financial performance. The company exhibits strong solvency and growth, alongside robust profitability and coverage ratios, indicating a solid foundation and potential for expansion. However, efficiency and financial ratios present areas of concern, suggesting operational challenges and potential undervaluation. While liquidity appears reasonable, a closer examination reveals vulnerabilities in cash management. These factors collectively shape a nuanced outlook, highlighting opportunities for strategic improvements to unlock further value. The company's ability to capitalize on its strengths while addressing weaknesses will be crucial for sustained success in the consumer durables sector.
Overall Valuation Score
Markets Depth NSE
Buy Orders
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0
0
Sell Orders
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Orders
No sell depth
Total
0
0
Markets Today NSE
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0.00
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0.00
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0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
11.12
Industry Median
31.71
Small Cap Median
30.16
P/E RATIO
10.55
P/B RATIO
0.91
Industry Median
5.47
Small Cap Median
4.62
P/S RATIO
0.70
Industry Median
3.31
Small Cap Median
3.11
Others
PEG RATIO
0.00
EV/EBITDA RATIO
6.89
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹138.67 as on Jun 18, 2026.
Growth Score : 10.00The company demonstrates very strong growth across various key metrics, including revenue, operating profit, EPS, assets, and net income. This consistent growth suggests the company is effectively expanding its market presence, improving profitability, and increasing shareholder value. The company's robust growth trajectory indicates a promising outlook and the potential for continued success in the consumer durables sector.
Revenue Growth RateExcellentOperating Profit Growth RateExcellentEarnings Per Share (EPS) GrowthExcellentAsset Growth RateExcellentNet Income Growth RateExcellent| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 47.51 | 8.61 | 3.45 | 0 | 29 |
| Operating Profit Growth Rate | 41.67 | -2.94 | -6.06 | 3.23 | 18.75 |
| Earnings Per Share (EPS) Growth | 35.27 | 1.15 | -11.33 | 23.32 | 13.56 |
| Asset Growth Rate | 12.77 | 3.88 | -4.67 | 8.5 | 19.88 |
| Net Income Growth Rate | 33.33 | 0 | -10 | 22.22 | 13.64 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Veto Switchgears & Cables Ltd | 6.91 | 10.55 | Neutral | 38.00 | 12.47 | 25.00 |
| 2 | Kundan Edifice Ltd | 6.72 | 11.24 | Undervalued | 16.00 | 7.57 | 8.00 |
| 3 | Akanksha Power & Infrastructure Ltd | 6.35 | 50.95 | Neutral | 8.09 | 2.19 | N/A |
| 4 | Nitiraj Engineers Ltd | 3.96 | -946.23 | Neutral | 3.49 | 1.04 | -0.23 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Veto Switchgears & Cables Ltd. is an Indian manufacturer of electrical accessories, wires, cables, and lighting products. The company offers a wide range of consumer durables including switches, MCBs, distribution boxes, fans, and LED lighting solutions, catering to both residential and commercial segments across India. It is a well-established brand in the Indian electrical goods market.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Veto Switchgears & Cables Ltd's P/E ratio (TTM) is 11.12, compared to the industry median of 31.71 and large cap median of 30.16.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Veto Switchgears & Cables Ltd's P/B ratio is 0.91, compared to the industry median of 5.47 and large cap median of 4.62.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Veto Switchgears & Cables Ltd's P/S ratio is 0.70, compared to the industry median of 3.31 and large cap median of 3.11.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Veto Switchgears & Cables Ltd's PEG ratio is 1.14.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Veto Switchgears & Cables Ltd's EV/EBITDA ratio is 6.89.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Veto Switchgears & Cables Ltd's ROE is 8.62%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Veto Switchgears & Cables Ltd's ROA is 9.55%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Veto Switchgears & Cables Ltd's ROCE is 12%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Veto Switchgears & Cables Ltd's operating margin is 9.82%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Veto Switchgears & Cables Ltd's net margin is 6.46%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Veto Switchgears & Cables Ltd's current ratio is 3.16.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Veto Switchgears & Cables Ltd's debt-to-equity ratio is 0.01.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Veto Switchgears & Cables Ltd's interest coverage ratio is 17.50.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Veto Switchgears & Cables Ltd's DPS is ₹1.05.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Veto Switchgears & Cables Ltd's EPS is 13.56.
(Source line: "Ratios as of 18 Jun 2026, based on last traded price of ₹138.67. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Veto Switchgears and Cables Private Limited was incorporated in 1999. Over the 2000s, the company expanded its product portfolio to include various electrical accessories and wires. In 2011, it converted into a public limited company, Veto Switchgears and Cables Ltd., and was listed on NSE Emerge. The company further diversified into manufacturing LED lighting products in 2013 and migrated to the NSE main board in 2015, steadily establishing its brand presence in the Indian electrical products market.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Wires & Cables | N/A | Operating Profit |
| Electrical Accessories | N/A | Operating Profit |
| Lighting Products | N/A | Operating Profit |
Mr. Gudduji Jain - Chairman & Managing Director. He is the founder and driving force behind the company, with extensive experience in the electrical industry, guiding its growth and product diversification.
No major subsidiaries reported.
The company announced a 1:1 bonus issue in August 2023 and a stock split (face value from ₹10 to ₹1) in September 2023.
References
The Veto Switchgears & Cables Ltd share price today is ₹138.67 on NSE (VETO), as of 14 Aug 2026.
As of 18 Jun 2026, Veto Switchgears & Cables Ltd share price is ₹138.67, with previous close ₹N/A. Today's range is ₹N/A to ₹N/A. The 52-week range is ₹N/A to ₹N/A.
As of today, Veto Switchgears & Cables Ltd's market cap is ₹269.02 crore (Small Cap).
Veto Switchgears & Cables Ltd's current P/E ratio is 11.12, compared to the CONSUMER DURABLES sector average of 51.13.
Veto Switchgears & Cables Ltd's current P/B ratio is 0.91.
Veto Switchgears & Cables Ltd's current dividend yield is 0.76%. Last dividend of ₹0.10 per share was declared on 22-Sep-2023.
Veto Switchgears & Cables Ltd's EPS (TTM) is ₹13.56.
Veto Switchgears & Cables Ltd. is an Indian manufacturer of electrical accessories, wires, cables, and lighting products. The company offers a wide range of consumer durables including switches, MCBs, distribution boxes, fans, and LED lighting solutions, catering to both residential and commercial segments across India. It is a well-established brand in the Indian electrical goods market.
Veto Switchgears & Cables Ltd is promoted by Gudduji Jain Group, holding 45.06% as of 18 Jun 2026.
Veto Switchgears & Cables Ltd is listed on NSE (VETO) and BSE (539331). Its next quarterly results are expected on July/August 2024.
Adjusted Earnings Per Share (Adjusted EPS)
Cash Earnings Per Share (Cash EPS)