Veto Switchgears and Cables Limited (NSE:VETO)

NSE:VETO Statistics

Total Valuation

NSE:VETO has a market cap or net worth of INR 1.92 billion. The enterprise value is 2.07 billion.

Market Cap	1.92B
Enterprise Value	2.07B

Important Dates

The last earnings date was Friday, February 13, 2026.

Earnings Date	Feb 13, 2026
Ex-Dividend Date	Sep 22, 2025

Share Statistics

NSE:VETO has 19.11 million shares outstanding. The number of shares has increased by 0.13% in one year.

Current Share Class	19.11M
Shares Outstanding	19.11M
Shares Change (YoY)	+0.13%
Shares Change (QoQ)	+0.12%
Owned by Insiders (%)	15.28%
Owned by Institutions (%)	n/a
Float	9.83M

Valuation Ratios

The trailing PE ratio is 8.05.

PE Ratio	8.05
Forward PE	n/a
PS Ratio	0.57
PB Ratio	0.69
P/TBV Ratio	0.70
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	8.67
EV / Sales	0.61
EV / EBITDA	5.77
EV / EBIT	6.40
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	0.06
Debt / EBITDA	0.45
Debt / FCF	n/a
Interest Coverage	15.71

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	n/a
Return on Invested Capital (ROIC)	8.20%
Return on Capital Employed (ROCE)	n/a
Weighted Average Cost of Capital (WACC)	3.73%
Revenue Per Employee	10.03M
Profits Per Employee	710,786
Employee Count	336
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, NSE:VETO has paid 82.08 million in taxes.

Income Tax	82.08M
Effective Tax Rate	26.20%

Stock Price Statistics

The stock price has increased by +1.33% in the last 52 weeks. The beta is -0.19, so NSE:VETO's price volatility has been lower than the market average.

Beta (5Y)	-0.19
52-Week Price Change	+1.33%
50-Day Moving Average	105.53
200-Day Moving Average	115.74
Relative Strength Index (RSI)	40.70
Average Volume (20 Days)	45,809

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, NSE:VETO had revenue of INR 3.37 billion and earned 238.82 million in profits. Earnings per share was 12.49.

Revenue	3.37B
Gross Profit	935.44M
Operating Income	323.45M
Pretax Income	313.24M
Net Income	238.82M
EBITDA	356.85M
EBIT	323.45M
Earnings Per Share (EPS)	12.49

Balance Sheet

The company has 19.89 million in cash and 161.09 million in debt, with a net cash position of -141.20 million or -7.39 per share.

Cash & Cash Equivalents	19.89M
Total Debt	161.09M
Net Cash	-141.20M
Net Cash Per Share	-7.39
Equity (Book Value)	2.77B
Book Value Per Share	144.77
Working Capital	n/a

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 27.75%, with operating and profit margins of 9.60% and 7.09%.

Gross Margin	27.75%
Operating Margin	9.60%
Pretax Margin	9.29%
Profit Margin	7.09%
EBITDA Margin	10.59%
EBIT Margin	9.60%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 0.99%.

Dividend Per Share	1.00
Dividend Yield	0.99%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.13%
Shareholder Yield	0.86%
Earnings Yield	12.43%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	2