Veto Switchgears & Cables Ltd
NSE: VETO BSE: 539331
₹114.59
(-2.12%)
Tue, 19 May 2026, 05:47 pm
Market Cap2.2B
PE Ratio9.17
Dividend0.87
Producer Manufacturing
Electrical Products
24.5KVeto Switchgears & Cables Analysis
dividend
- Unable to calculate sustainability of dividends as Veto Switchgears and Cables has not reported any payouts.
- Unable to evaluate Veto Switchgears and Cables's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Veto Switchgears and Cables's dividend against the top 25% market benchmark as the company has not reported any payouts.
health
- Veto Switchgears and Cables is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Veto Switchgears and Cables is profitable, therefore cash runway is not a concern.
- Veto Switchgears and Cables is profitable, therefore cash runway is not a concern.
- Debt is well covered by operating cash flow (80.4%, greater than 20% of total debt).
- Debt is covered by short term assets, assets are 7.4x debt.
- Veto Switchgears and Cables's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (48.9% vs 13.6% today).
- Interest payments on debt are well covered by earnings (EBIT is 4.8x coverage).
- Veto Switchgears and Cables's level of debt (13.6%) compared to net worth is satisfactory (less than 40%).
- High level of physical assets or inventory.
management
- The tenure for the Veto Switchgears and Cables board of directors is about average.
- Akshay's remuneration is lower than average for companies of similar size in India.
- Akshay's compensation has been consistent with company performance over the past year, both up more than 20%.
- The tenure for the Veto Switchgears and Cables management team is about average.
misc
- Veto Switchgears and Cables is not covered by any analysts.
- Veto Switchgears and Cables has significant price volatility in the past 3 months.
past
- Veto Switchgears and Cables's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Veto Switchgears and Cables's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- Veto Switchgears and Cables used its assets less efficiently than the IN Electrical industry average last year based on Return on Assets.
- Veto Switchgears and Cables's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
- Veto Switchgears and Cables has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Veto Switchgears and Cables's 1-year earnings growth is negative, it can't be compared to the IN Electrical industry average.
value
- Veto Switchgears and Cables's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Veto Switchgears and Cables's share price is below the future cash flow value, and at a substantial discount (> 40%).
- Veto Switchgears and Cables is good value based on assets compared to the IN Electrical industry average.
- Veto Switchgears and Cables is good value based on earnings compared to the IN Electrical industry average.
- Veto Switchgears and Cables is good value based on earnings compared to the India market.
- VETO matched the Electrical industry (-33.5%) over the past year.
- NSEI:VETO is up 30.6% outperforming the Electrical industry which returned 9.3% over the past month.
- NSEI:VETO is up 30.6% outperforming the market in India which returned 8% over the past month.
- VETO underperformed the Market in India which returned -14.5% over the past year.
Open Your Free Demat Account Now!
Facebook
Twitter
Instagram
LinkedIn
Youtube
Calculators
Popular Calculators
Group Stocks
Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800