Veto Switchgears and Cables Limited (NSE: VETO)

NSE: VETO Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	21.99	79.37	152.49	94.5	125.89	151.03
Cash & Short-Term Investments	21.99	79.37	152.49	94.5	125.89	151.03
Cash Growth	-92.22%	-47.95%	61.36%	-24.93%	-16.65%	3.83%
Accounts Receivable	1,271	1,330	1,359	1,189	906.18	594.82
Other Receivables	-	35.01	26.62	-	-	-
Receivables	1,271	1,365	1,386	1,189	906.18	594.82
Inventory	1,073	943.7	1,049	1,222	1,121	901.13
Prepaid Expenses	-	3.47	4.04	2.38	1.5	2.09
Other Current Assets	156.08	104.43	89.56	68.65	71.29	79.88
Total Current Assets	2,523	2,496	2,681	2,577	2,226	1,729
Property, Plant & Equipment	448.75	373.21	336.18	314.51	321.74	284.81
Long-Term Investments	0.08	0.08	0.08	0.08	0.08	0.05
Goodwill	0.01	0.01	0.01	0.01	0.01	0.01
Long-Term Deferred Tax Assets	43.18	40.56	33.99	29.08	23.94	24.73
Other Long-Term Assets	149.5	152.15	161.61	165.44	163.66	161.61
Total Assets	3,164	3,062	3,213	3,086	2,735	2,200
Accounts Payable	338.4	242.91	301.19	343.07	320.3	96.36
Accrued Expenses	1.38	32.22	34.16	20.51	22.43	19.55
Short-Term Debt	88.08	93.88	321.69	419.78	345.31	238.06
Current Portion of Long-Term Debt	-	-	-	-	-	11
Current Portion of Leases	50.59	108.53	3.91	7.69	3.51	3.65
Current Income Taxes Payable	1.32	6.16	13.61	26.58	9.88	-
Current Unearned Revenue	-	6.8	8.26	7.28	6.35	40.04
Other Current Liabilities	18.21	9.49	21.26	11.78	7.12	4.03
Total Current Liabilities	497.97	499.98	704.06	836.69	714.9	412.69
Long-Term Debt	21.5	-	100	31.24	-	-
Long-Term Leases	0.98	23.2	8.29	10.61	7.57	7.2
Long-Term Unearned Revenue	34.63	40.56	42.06	56.4	53.55	-
Other Long-Term Liabilities	27.78	20.38	16.4	15.16	13.84	-0
Total Liabilities	582.86	589.37	874.93	953.01	792	422.5
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	-	1,821	1,625	1,442	1,261	1,113
Comprehensive Income & Other	2,380	208.09	270.21	251.07	243.73	231.4
Total Common Equity	2,571	2,463	2,329	2,126	1,938	1,778
Minority Interest	10.6	10.02	8.91	6.85	5.12	-
Shareholders' Equity	2,581	2,473	2,338	2,133	1,943	1,778
Total Liabilities & Equity	3,164	3,062	3,213	3,086	2,735	2,200
Total Debt	161.16	225.61	433.88	469.33	356.39	259.91
Net Cash (Debt)	-139.17	-146.24	-281.4	-374.83	-230.51	-108.89
Net Cash Per Share	-7.24	-7.65	-14.72	-19.61	-12.06	-5.73
Filing Date Shares Outstanding	18.95	19.11	19.11	19.11	19.11	19.11
Total Common Shares Outstanding	18.95	19.11	19.11	19.11	19.11	19.11
Working Capital	2,025	1,996	1,977	1,740	1,511	1,316
Book Value Per Share	135.68	128.83	121.83	111.24	101.38	93.00
Tangible Book Value	2,571	2,463	2,329	2,126	1,938	1,778
Tangible Book Value Per Share	135.68	128.83	121.83	111.24	101.38	93.00
Land	-	145.31	145.31	145.31	145.31	145.31
Buildings	-	82.69	82.69	82.69	82.69	75.74
Machinery	-	251.89	235.66	224.9	225.61	172.58
Construction In Progress	-	94.44	65.24	25.99	21.25	30.37
Leasehold Improvements	-	3.83	9.96	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.