Veto Switchgears and Cables Limited (NSE:VETO)
India flag India · Delayed Price · Currency is INR
144.56
+0.37 (0.26%)
Jun 12, 2026, 3:29 PM IST

NSE:VETO Statistics

Total Valuation

NSE:VETO has a market cap or net worth of INR 2.76 billion. The enterprise value is 2.96 billion.

Market Cap2.76B
Enterprise Value 2.96B

Important Dates

The last earnings date was Thursday, May 28, 2026.

Earnings Date May 28, 2026
Ex-Dividend Date Sep 22, 2025

Share Statistics

NSE:VETO has 19.11 million shares outstanding. The number of shares has decreased by -0.04% in one year.

Current Share Class 19.11M
Shares Outstanding 19.11M
Shares Change (YoY) -0.04%
Shares Change (QoQ) +0.17%
Owned by Insiders (%) 15.28%
Owned by Institutions (%) n/a
Float 9.83M

Valuation Ratios

The trailing PE ratio is 10.99.

PE Ratio 10.99
Forward PE n/a
PS Ratio 0.71
PB Ratio 0.95
P/TBV Ratio 0.95
P/FCF Ratio 53.51
P/OCF Ratio 26.62
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.46, with an EV/FCF ratio of 57.29.

EV / Earnings 11.77
EV / Sales 0.77
EV / EBITDA 7.46
EV / EBIT 8.37
EV / FCF 57.29

Financial Position

The company has a current ratio of 3.19, with a Debt / Equity ratio of 0.07.

Current Ratio 3.19
Quick Ratio 1.64
Debt / Equity 0.07
Debt / EBITDA 0.54
Debt / FCF 4.15
Interest Coverage 17.91

Financial Efficiency

Return on equity (ROE) is 8.82% and return on invested capital (ROIC) is 8.68%.

Return on Equity (ROE) 8.82%
Return on Assets (ROA) 6.05%
Return on Invested Capital (ROIC) 8.68%
Return on Capital Employed (ROCE) 11.91%
Weighted Average Cost of Capital (WACC) 5.98%
Revenue Per Employee 11.51M
Profits Per Employee 747,827
Employee Count336
Asset Turnover 1.06
Inventory Turnover 2.87

Taxes

In the past 12 months, NSE:VETO has paid 87.83 million in taxes.

Income Tax 87.83M
Effective Tax Rate 26.32%

Stock Price Statistics

The stock price has increased by +9.56% in the last 52 weeks. The beta is 0.30, so NSE:VETO's price volatility has been lower than the market average.

Beta (5Y) 0.30
52-Week Price Change +9.56%
50-Day Moving Average 113.14
200-Day Moving Average 110.66
Relative Strength Index (RSI) 74.10
Average Volume (20 Days) 233,071

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 3.87 billion and earned 251.27 million in profits. Earnings per share was 13.15.

Revenue3.87B
Gross Profit 1.03B
Operating Income 353.40M
Pretax Income 333.67M
Net Income 251.27M
EBITDA 396.73M
EBIT 353.40M
Earnings Per Share (EPS) 13.15
Full Income Statement

Balance Sheet

The company has 23.32 million in cash and 214.29 million in debt, with a net cash position of -190.97 million or -9.99 per share.

Cash & Cash Equivalents 23.32M
Total Debt 214.29M
Net Cash -190.97M
Net Cash Per Share -9.99
Equity (Book Value) 2.90B
Book Value Per Share 151.40
Working Capital 2.22B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 103.81 million and capital expenditures -52.17 million, giving a free cash flow of 51.64 million.

Operating Cash Flow 103.81M
Capital Expenditures -52.17M
Depreciation & Amortization 43.33M
Net Borrowing -15.26M
Free Cash Flow 51.64M
FCF Per Share 2.70
Full Cash Flow Statement

Margins

Gross margin is 26.72%, with operating and profit margins of 9.14% and 6.50%.

Gross Margin 26.72%
Operating Margin 9.14%
Pretax Margin 8.63%
Profit Margin 6.50%
EBITDA Margin 10.26%
EBIT Margin 9.14%
FCF Margin 1.34%

Dividends & Yields

This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 0.69%.

Dividend Per Share 1.00
Dividend Yield 0.69%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 7.61%
Buyback Yield 0.04%
Shareholder Yield 0.73%
Earnings Yield 9.09%
FCF Yield 1.87%
Dividend Details

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 4