VETO Switch Gears And Cables Ltd
VETOVETO Switch Gears And Cables Ltd
VETO
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 14.80 | 1.06 | 0.73% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 49.98 | 7.01 | 0.55% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersHavells India Ltd
Polycab India Ltd
Apar Industries Ltd
Kaynes Technology India Ltd
V Guard Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 176.98 | 240.73 | 255.05 | 218.68 | 150.90 | 182.86 | 270.38 | 295.51 | 304.82 | 299.08 | ||||||||||
Raw Materials | 134.09 | 206.85 | 196.97 | 227.53 | 97.86 | 132.91 | 200.40 | 196.71 | 210.75 | 264.18 | ||||||||||
| Power & Fuel Cost | 1.08 | 0.99 | 1.11 | 1.08 | 0.90 | 1.09 | 0.88 | 1.14 | 1.10 | |||||||||||
| Employee Cost | 7.38 | 11.96 | 8.68 | 9.03 | 10.65 | 11.83 | 15.25 | 17.63 | 16.96 | |||||||||||
| Selling & Administrative Expenses | 7.83 | 8.56 | 7.41 | 9.01 | 8.51 | 14.76 | 16.67 | 20.18 | 20.25 | |||||||||||
| Operating & Other expenses | 4.70 | -14.74 | -2.38 | -49.29 | 13.44 | -2.98 | 0.10 | 21.83 | 20.15 | |||||||||||
EBITDA | 21.90 | 27.11 | 43.26 | 21.32 | 19.54 | 25.25 | 37.08 | 38.02 | 35.61 | 34.90 | ||||||||||
| Depreciation/Amortization | 1.97 | 1.66 | 1.58 | 1.47 | 1.90 | 2.00 | 3.33 | 2.82 | 2.73 | 2.60 | ||||||||||
| PBIT | 19.93 | 25.45 | 41.68 | 19.85 | 17.64 | 23.25 | 33.75 | 35.20 | 32.88 | 32.30 | ||||||||||
| Interest & Other Items | 4.55 | 4.12 | 2.76 | 3.89 | 3.73 | 1.86 | 3.95 | 4.78 | 4.14 | 3.56 | ||||||||||
| PBT | 15.38 | 21.33 | 38.92 | 15.96 | 13.91 | 21.39 | 29.80 | 30.42 | 28.74 | 28.74 | ||||||||||
| Taxes & Other Items | 2.29 | 2.98 | 9.95 | 4.38 | 4.64 | 6.59 | 9.78 | 10.17 | 10.80 | 11.01 | ||||||||||
| Net Income | 13.09 | 18.35 | 28.97 | 11.58 | 9.27 | 14.80 | 20.02 | 20.25 | 17.94 | 17.73 | ||||||||||
| EPS | 7.14 | 10.01 | 15.81 | 6.19 | 4.85 | 7.74 | 10.47 | 10.59 | 9.39 | 9.28 | ||||||||||
| DPS | 2.00 | 2.00 | 2.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||||||
| Payout ratio | 0.28 | 0.20 | 0.13 | 0.00 | 0.00 | 0.13 | 0.10 | 0.09 | 0.11 | 0.11 |
Company Updates
Peers & Comparison
IndustrialsElectrical Components & Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| VETO Switch Gears And Cables Ltd | 14.63 | 1.06 | 0.73% |
| Havells India Ltd | 81.93 | 13.98 | 0.54% |
| Polycab India Ltd | 56.70 | 12.27 | 0.45% |
| Apar Industries Ltd | 44.06 | 9.38 | 0.56% |
Price Comparison
Compare VETO with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 4.47%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
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
Dividend/Share
₹1.00
Ex DateEx Date
Sep 20, 2024
Cash Dividend
Ex DateEx DateSep 22, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Sep 22, 2023
Cash Dividend
Ex DateEx DateSep 20, 2022
Dividend/Share
₹1.00
Ex DateEx Date
Sep 20, 2022
Cash Dividend
Ex DateEx DateSep 21, 2021
Dividend/Share
₹1.00
Ex DateEx Date
Sep 21, 2021
Cash Dividend
Ex DateEx DateSep 25, 2018
Dividend/Share
₹2.00
Ex DateEx Date
Sep 25, 2018
Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live
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
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
Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live
GPT Infraprojects Ltd leads gainers in ‘B’ group
Veto Switchgears & Cables consolidated net profit rises 12.83% in the June 2021 quarter
Veto Switchgears & Cables standalone net profit rises 1.83% in the June 2021 quarter
Veto Switchgears & Cables Ltd leads losers in ‘B’ group
Veto Switchgears & Cables consolidated net profit rises 163.01% in the March 2021 quarter
AXISCADES Technologies Ltd leads losers in ‘B’ group
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 6.87%, vs industry avg of 9.15%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.41% to 0.34%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 9.15%, vs industry avg of -3.05%