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VETO Switch Gears And Cables Ltd

VETO

VETO Switch Gears And Cables Ltd

VETO
IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹262 cr, stock is ranked 2,277
High RiskStock is 3.65x as volatile as Nifty
137.290.39% (+0.53)
137.290.39% (+0.53)

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1M
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IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹262 cr, stock is ranked 2,277
High RiskStock is 3.65x as volatile as Nifty

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IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹262 cr, stock is ranked 2,277
High RiskStock is 3.65x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
14.801.060.73%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
49.987.010.55%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Veto Switch Gears And Cables Limited is engaged in the manufacturing of wires and cables, electrical accessories, light emitting diode (LED) lighting, compact fluorescent lamp (CFL) and fans.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 6.87%, vs industry avg of 9.15%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.41% to 0.34%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 9.15%, vs industry avg of -3.05%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue176.98240.73255.05218.68150.90182.86270.38295.51304.82299.08
Raw Materialssubtract134.09206.85196.97227.5397.86132.91200.40196.71210.75264.18
Power & Fuel Costsubtract1.080.991.111.080.901.090.881.141.10
Employee Costsubtract7.3811.968.689.0310.6511.8315.2517.6316.96
Selling & Administrative Expensessubtract7.838.567.419.018.5114.7616.6720.1820.25
Operating & Other expensessubtract4.70-14.74-2.38-49.2913.44-2.980.1021.8320.15
Depreciation/Amortizationsubtract1.971.661.581.471.902.003.332.822.732.60
Interest & Other Itemssubtract4.554.122.763.893.731.863.954.784.143.56
Taxes & Other Itemssubtract2.292.989.954.384.646.599.7810.1710.8011.01
EPS7.1410.0115.816.194.857.7410.4710.599.399.28
DPS2.002.002.000.000.001.001.001.001.001.00
Payout ratio0.280.200.130.000.000.130.100.090.110.11

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

Feb 15PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsElectrical Components & Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
VETO Switch Gears And Cables Ltd14.631.060.73%
Havells India Ltd81.9313.980.54%
Polycab India Ltd56.7012.270.45%
Apar Industries Ltd44.069.380.56%

Price Comparison

Compare VETO with any stock or ETF
Compare VETO with any stock or ETF
VETO
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Decreased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 4.47%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding45.06%0.00%0.00%0.09%54.86%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep0.00%0.00%0.00%0.01%0.00%0.09%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 20, 2024

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Sep 20, 2024

Cash Dividend

Ex DateEx DateSep 22, 2023

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Sep 22, 2023

Cash Dividend

Ex DateEx DateSep 20, 2022

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Sep 20, 2022

Cash Dividend

Ex DateEx DateSep 21, 2021

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Sep 21, 2021

Cash Dividend

Ex DateEx DateSep 25, 2018

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Sep 25, 2018

News & Opinions
Corporate
Veto Switchgears & Cables to conduct board meeting

Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live

14 hours agoCapital Market - Live
Corporate
Veto Switchgears & Cables AGM scheduled

Veto Switchgears & Cables announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Veto Switchgears & Cables reports consolidated net profit of Rs 4.85 crore in the June 2024 quarter

Net profit of Veto Switchgears & Cables remain constant at Rs 4.85 crore in the quarter ended June 2024 and also during the previous quarter ended June 2023. Sales declined 8.59% to Rs 61.21 crore in the quarter ended June 2024 as against Rs 66.96 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales61.2166.96 -9 OPM %11.6011.69 - PBDT7.137.27 -2 PBT6.506.51 0 NP4.854.85 0 Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Veto Switchgears & Cables to discuss results

Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live

GPT Infraprojects Ltd leads gainers in ‘B’ group

3 years agoBusiness Standard

Veto Switchgears & Cables consolidated net profit rises 12.83% in the June 2021 quarter

3 years agoBusiness Standard

Veto Switchgears & Cables standalone net profit rises 1.83% in the June 2021 quarter

3 years agoBusiness Standard

Veto Switchgears & Cables Ltd leads losers in ‘B’ group

3 years agoBusiness Standard

Veto Switchgears & Cables consolidated net profit rises 163.01% in the March 2021 quarter

3 years agoBusiness Standard

AXISCADES Technologies Ltd leads losers in ‘B’ group

3 years agoBusiness Standard