Veto Switchgears and Cables Limited (NSE:VETO)
India flag India · Delayed Price · Currency is INR
122.18
+2.07 (1.72%)
Jul 24, 2026, 3:29 PM IST

NSE:VETO Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
3,8673,8673,0043,0012,9252,693
Revenue Growth
28.74%28.74%0.10%2.60%8.62%48.15%
Gross Profit
1,0331,033807.33753.04774.23720.35
Operating Income
353.4353.4300.25293.5330.71335.43
Net Income
251.27251.27221.32179.52202.47200.17
Earnings Per Share
13.1513.1511.589.3910.5910.47
EPS Growth
13.57%13.57%23.29%-11.34%1.15%35.30%

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Wire & Cables
929.35929.35861.07827.5850.41889.96
Lighting & Fittings
1,6541,6541,4441,5231,5481,369
Accessories & Others
1,2831,283699.05650.34503.76418.4
Total
3,8673,8673,0043,0012,9022,677

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
23.3223.3214.4779.37152.4994.5
Total Debt
214.29214.29229.48225.61433.88469.33
Net Cash (Debt)
-190.97-190.97-215.01-146.24-281.4-374.83
Net Cash Growth
------
Net Cash Per Share
-9.99-9.99-11.25-7.65-14.72-19.61

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
103.81103.81149.91277.86179.72-79.23
Capital Expenditures
-52.17-52.17-197.52-62.99-50.84-12.71
Free Cash Flow
51.6451.64-47.61214.87128.89-91.94
Free Cash Flow Growth
---66.71%--

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
26.72%26.72%26.88%25.09%26.47%26.75%
Operating Margin
9.14%9.14%10.00%9.78%11.31%12.46%
Pretax Margin
8.63%8.63%9.83%9.58%10.40%11.07%
Profit Margin
6.50%6.50%7.37%5.98%6.92%7.43%
FCF Margin
1.33%1.33%-1.58%7.16%4.41%-3.41%

Dividends

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Dividend Per Share
1.0001.0001.0001.0001.0001.000
Dividend Per Share Growth
0%0%0%0%0%0%
Dividend Yield
0.82%1.19%1.00%0.83%1.36%1.13%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
9.246.428.7513.087.108.69
Forward PE
-3.713.713.713.713.71
P/FCF Ratio
44.9731.24-10.9311.15-
PS Ratio
0.600.420.640.780.490.65