Veto Switchgears and Cables Limited (NSE:VETO)

NSE:VETO Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	14.47	79.37	152.49	94.5	125.89
Cash & Short-Term Investments	14.47	79.37	152.49	94.5	125.89
Cash Growth	-81.77%	-47.95%	61.36%	-24.93%	-16.65%
Accounts Receivable	1,472	1,330	1,359	1,189	906.18
Other Receivables	-	35.01	26.62	-	-
Receivables	1,472	1,365	1,386	1,189	906.18
Inventory	948.51	943.7	1,049	1,222	1,121
Prepaid Expenses	-	3.47	4.04	2.38	1.5
Other Current Assets	154.39	104.43	89.56	68.65	71.29
Total Current Assets	2,590	2,496	2,681	2,577	2,226
Property, Plant & Equipment	492.09	373.21	336.18	314.51	321.74
Long-Term Investments	0.08	0.08	0.08	0.08	0.08
Goodwill	0.01	0.01	0.01	0.01	0.01
Long-Term Deferred Tax Assets	44.9	40.56	33.99	29.08	23.94
Other Long-Term Assets	195.53	152.15	161.61	165.44	163.66
Total Assets	3,322	3,062	3,213	3,086	2,735
Accounts Payable	283.84	242.91	301.19	343.07	320.3
Accrued Expenses	1.99	32.22	34.16	20.51	22.43
Short-Term Debt	202.57	93.88	321.69	419.78	345.31
Current Portion of Leases	1.75	108.53	3.91	7.69	3.51
Current Income Taxes Payable	5.8	6.16	13.61	26.58	9.88
Current Unearned Revenue	-	6.8	8.26	7.28	6.35
Other Current Liabilities	88.47	9.49	21.26	11.78	7.12
Total Current Liabilities	584.41	499.98	704.06	836.69	714.9
Long-Term Debt	25.16	-	100	31.24	-
Long-Term Leases	-	23.2	8.29	10.61	7.57
Long-Term Unearned Revenue	31.81	40.56	42.06	56.4	53.55
Other Long-Term Liabilities	6.67	20.38	16.4	15.16	13.84
Total Liabilities	648.05	589.37	874.93	953.01	792
Common Stock	191.15	191.15	191.15	191.15	191.15
Additional Paid-In Capital	-	242.43	242.43	242.43	242.43
Retained Earnings	-	1,821	1,625	1,442	1,261
Comprehensive Income & Other	2,473	208.09	270.21	251.07	243.73
Total Common Equity	2,664	2,463	2,329	2,126	1,938
Minority Interest	9.8	10.02	8.91	6.85	5.12
Shareholders' Equity	2,674	2,473	2,338	2,133	1,943
Total Liabilities & Equity	3,322	3,062	3,213	3,086	2,735
Total Debt	229.48	225.61	433.88	469.33	356.39
Net Cash (Debt)	-215.01	-146.24	-281.4	-374.83	-230.51
Net Cash Per Share	-11.08	-7.65	-14.72	-19.61	-12.06
Filing Date Shares Outstanding	19.63	19.11	19.11	19.11	19.11
Total Common Shares Outstanding	19.63	19.11	19.11	19.11	19.11
Working Capital	2,005	1,996	1,977	1,740	1,511
Book Value Per Share	135.74	128.83	121.83	111.24	101.38
Tangible Book Value	2,664	2,463	2,329	2,126	1,938
Tangible Book Value Per Share	135.74	128.83	121.83	111.24	101.38
Land	-	145.31	145.31	145.31	145.31
Buildings	-	82.69	82.69	82.69	82.69
Machinery	-	251.89	235.66	224.9	225.61
Construction In Progress	-	94.44	65.24	25.99	21.25
Leasehold Improvements	-	3.83	9.96	-	-

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.