Veto Switchgears and Cables Limited (NSE:VETO)

NSE:VETO Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	19.89	14.47	79.37	152.49	94.5	125.89
Cash & Short-Term Investments	19.89	14.47	79.37	152.49	94.5	125.89
Cash Growth	-9.53%	-81.77%	-47.95%	61.36%	-24.93%	-16.65%
Accounts Receivable	1,461	1,472	1,330	1,359	1,189	906.18
Other Receivables	-	44.95	35.01	26.62	-	-
Receivables	1,461	1,517	1,365	1,386	1,189	906.18
Inventory	1,102	948.51	943.7	1,049	1,222	1,121
Prepaid Expenses	-	3.21	3.47	4.04	2.38	1.5
Other Current Assets	190.72	106.23	104.43	89.56	68.65	71.29
Total Current Assets	2,773	2,590	2,496	2,681	2,577	2,226
Property, Plant & Equipment	496.09	492.09	373.21	336.18	314.51	321.74
Long-Term Investments	0.08	0.08	0.08	0.08	0.08	0.08
Goodwill	0.01	0.01	0.01	0.01	0.01	0.01
Long-Term Deferred Tax Assets	49.77	44.9	40.56	33.99	29.08	23.94
Other Long-Term Assets	197.79	195.53	152.15	161.61	165.44	163.66
Total Assets	3,517	3,322	3,062	3,213	3,086	2,735
Accounts Payable	478.49	283.84	242.91	301.19	343.07	320.3
Accrued Expenses	-	53.52	32.22	34.16	20.51	22.43
Short-Term Debt	131.81	192.94	93.88	321.69	419.78	345.31
Current Portion of Leases	0.94	11.38	108.53	3.91	7.69	3.51
Current Income Taxes Payable	11.87	5.8	6.16	13.61	26.58	9.88
Current Unearned Revenue	-	29.2	27.17	8.26	7.28	6.35
Other Current Liabilities	59.22	7.74	9.49	21.26	11.78	7.12
Total Current Liabilities	682.33	584.41	520.35	704.06	836.69	714.9
Long-Term Debt	28.34	-	-	100	31.24	-
Long-Term Leases	-	25.16	23.2	8.29	10.61	7.57
Long-Term Unearned Revenue	-	31.81	40.56	42.06	56.4	53.55
Pension & Post-Retirement Benefits	-	6.67	5.25	4.12	2.91	2.14
Other Long-Term Liabilities	36.83	-0	-0	16.4	15.16	13.84
Total Liabilities	747.5	648.05	589.37	874.93	953.01	792
Common Stock	191.15	191.15	191.15	191.15	191.15	191.15
Additional Paid-In Capital	-	242.43	242.43	242.43	242.43	242.43
Retained Earnings	-	2,023	1,821	1,625	1,442	1,261
Comprehensive Income & Other	2,571	207.85	208.09	270.21	251.07	243.73
Total Common Equity	2,762	2,664	2,463	2,329	2,126	1,938
Minority Interest	7.35	9.8	10.02	8.91	6.85	5.12
Shareholders' Equity	2,769	2,674	2,473	2,338	2,133	1,943
Total Liabilities & Equity	3,517	3,322	3,062	3,213	3,086	2,735
Total Debt	161.09	229.48	225.61	433.88	469.33	356.39
Net Cash (Debt)	-141.2	-215.01	-146.24	-281.4	-374.83	-230.51
Net Cash Per Share	-7.27	-11.25	-7.65	-14.72	-19.61	-12.06
Filing Date Shares Outstanding	19.08	19.11	19.11	19.11	19.11	19.11
Total Common Shares Outstanding	19.08	19.11	19.11	19.11	19.11	19.11
Working Capital	2,091	2,005	1,976	1,977	1,740	1,511
Book Value Per Share	144.77	139.39	128.83	121.83	111.24	101.38
Tangible Book Value	2,762	2,664	2,463	2,329	2,126	1,938
Tangible Book Value Per Share	144.77	139.39	128.83	121.83	111.24	101.38
Land	-	145.31	145.31	145.31	145.31	145.31
Buildings	-	173.73	85.32	82.69	82.69	82.69
Machinery	-	288.06	252.56	235.66	224.9	225.61
Construction In Progress	-	114.64	94.44	65.24	25.99	21.25
Leasehold Improvements	-	5.53	3.83	9.96	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.