• SENSEX 78,799.74
    1,498.34 (+1.94%)
  • BANKNIFTY 55,913.60
    373.55 (+0.67%)
  • NSE
    1,845.00 1,878.00(%)
  • Tube Investments
    2,227.65 2,006.00(%)
  • Axis Bank
    1,273.75 1,418.30(%)
  • Reliance Industries
    1,303.90 1,152.30(%)
  • Lenskart Solut.
    767.40 725.00(%)
  • HDFC Bank
    762.80 1,017.90(%)
  • Titan Company
    4,858.90 5,187.45(%)
  • Petronet LNG
    320.00 326.40(%)
  • CG Power & Ind
    812.95 525.50(%)
  • Jio Platforms
    1,442.00 1,490.00(%)
  • United Spirits
    1,397.15 1,210.40(%)
  • P I Industries
    1,830.90 2,006.00(%)
  • ITC
    277.30 252.80(%)
  • Saregama India
    620.85 305.65(%)
  • Maruti Suzuki
    12,599.60 17,371.60(%)
  • Multi Comm. Exc.
    3,395.00 3,537.00(%)
  • Bajaj Finance
    1,049.65 1,177.60(%)
  • Cummins India
    4,036.95 3,883.30(%)
  • Ashok Leyland
    171.95 215.35(%)
  • Oil India
    432.30 395.75(%)
  • Overview
  • Key Ratios
  • Financials
  • Shareholding
  • Company Info
  • Peer Comparison

Veto Switchgears & Cables Ltd Electric Equipment

  • Indian Private
  • BSE Code : 42820.0
  • ISIN : INE918N01018
123.77 2 (1.94%)
  • As on 05 Nov 2026 (EOD)
  • Today’s Low

    120.01
  • Today’s High

    124.40
  • Open

    123.85
  • Perv Close

    121.42
  • 52W Low

    82.32
  • 52W High

    155.90

Key Indicators

  • P/E(TTM)

    9.05

  • Mar.Cap (₹Cr.)

    236.59

  • Div & Yield %

    0.81

  • Book Value(₹)

    146.86

  • Debt-Equity Ratio

    1.94

  • AGM Date

    04-Nov-2026

  • EPS

    13.65

  • P/E Ratio

    9.05

Financials Ratios

  • Debt-Equity Ratio

    0.14

  • Mar.Cap (₹Cr.)

    236.59

  • RONW (%)

    7.54

  • ROCE (%)

    11.83

Score Board

  • Equity (₹ in Cr.)

    19.11

  • BV (₹)

    146.90

  • Sales( ₹ in Cr.)

    246.54

  • NP (in Cr.)

    23.29

  • NP Var(%)

    8.0

  • Div%

    10.0

  • CPS (₹)

    13.90

  • EPS (₹)

    12.20

  • Traded Value (₹ in Lakhs)

    236.17

  • 52 Week High

    155.90

  • 52 Week Low

    82.32

  • Price BSE

    124.0

  • Price NSE

    124.00

  • Market Capital( in Cr.)

    236.17

  • P/C Ratio

    8.90

  • P/E Ratio

    10.20

  • Price Vs.BV

    12.20

View More
Invest Now!

Navigate The Market With Confidence

Your all-in-one destination for expert investment guidance and streamlined portfolio management solutions

Financials

All Values are in (₹Cr)
Particulars(INCOME) 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar
INCOME :            
Sales Turnover 246.54 216.04 209.56 196.06 173.66 152.66
Excise Duty 0.00 0.00 0.00 0.00 0.00 0.00
Net Sales 246.54 216.04 209.56 196.06 173.66 152.66
Other Income 7.45 6.62 20.61 12.89 10.31 2.71
Stock Adjustments 2.53 -2.35 4.55 -0.36 6.23 6.27
Total Income 256.52 220.31 234.72 208.59 190.20 161.64
EXPENDITURE :            
Raw Materials 178.97 152.84 155.58 139.23 125.03 109.78
Power and Fuel Cost 0.83 0.77 0.88 0.91 0.72 0.95
Employee Cost 11.29 10.50 10.32 10.58 10.35 10.50
Other Manufacturing Expenses 7.77 6.54 5.97 4.73 4.00 1.41
Selling and Administration Expenses 17.35 14.77 15.06 14.48 11.37 12.27
Miscellaneous Expenses 3.87 3.40 1.96 1.44 2.15 0.78
Employee Benefit Expenses 11.29 10.50 10.32 10.58 10.35 10.50
Less: Preoperative Expenditure 0.00 0.00 0.00 0.00 0.00 0.00
Total Expenses 220.09 188.81 189.76 171.37 153.62 135.69
Operating Profit 36.43 31.51 44.96 37.22 36.57 25.95
Interest 1.45 1.24 2.59 3.81 3.23 1.75
Gross Profit 34.98 30.27 42.37 33.41 33.34 24.20
Depreciation 3.36 2.43 2.13 2.33 2.58 1.86
Profit Before Tax 31.62 27.84 40.24 31.08 30.76 22.34
Current Tax 8.66 6.84 10.49 8.77 8.68 6.35
Fringe Benefit tax 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax -0.87 -0.53 -0.74 -0.53 -0.54 -0.12
Reported Net Profit 23.83 21.52 30.48 22.85 22.62 16.12
Extraordinary Items 0.54 0.02 0.01 0.00 0.08 0.01
Adjusted Net Profit 23.29 21.50 30.47 22.85 22.54 16.11
Adjustment below Net Profit 0.00 0.00 0.00 0.00 0.00 0.00
P & L Balance brought forward 195.79 176.18 147.61 126.68 105.97 89.85
Statutory Appropriations 0.00 0.00 0.00 0.00 0.00 0.00
Appropriations 1.91 1.91 1.91 1.91 1.91 0.00
P & L Balance carried down 217.71 195.79 176.18 147.61 126.68 105.97
Dividend 0.00 0.00 0.00 0.00 0.00 0.00
Preference Dividend 0.00 0.00 0.00 0.00 0.00 0.00
Equity Dividend (%) 10.00 10.00 10.00 10.00 10.00 10.00
Dividend Per Share(Rs) 1.00 1.00 1.00 1.00 1.00 1.00
Earnings Per Share-Unit Curr 12.47 11.26 15.94 11.95 11.83 8.43
Earnings Per Share(Adj)-Unit Curr 12.47 11.26 15.94 11.95 11.83 8.43
Book Value 146.86 135.39 125.14 110.17 99.19 88.31
Book Value(Adj)-Unit Curr 146.86 135.39 125.14 110.17 99.19 88.31

Shareholding Pattern

  • Promoter Group

    45.06%

  • Public Share Holding

    54.94%

Category of Shareholder No of Shares % Holdings Demat Shares Shareholders
A]. Promoter & Group
Foreign (Promoter & Group) - Bodies Corporate 0 0.00 0 0
Foreign (Promoter & Group)-Individuals (Non-Resident / Foreign) 733,333 733,333.00 733,333 733,333
Foreign Promoter(Institutional) 0 0.00 0 0
Promoter Others 0 0.00 0 0
Sub Total 733,333 3.84 733,333 1
[2] INDIAN
Bodies Corporate-Indian (Promoter & Group) 6,170,704 32.28 6,170,704 1
Government(Central / State)-Indian (Promoter & Group) 0 0.00 0 0
Directors & their Relatives-Indian (Promoter & Group) 0 0.00 0 0
Financial Institutions / Banks-Indian (Promoter & Group) 0 0.00 0 0
Individuals / Hindu Undivided Family-Indian (Promoter & Group) 1,708,236 8.94 1,708,236 9
Partnership Firms-Indian (Promoter & Group) 0 0.00 0 0
Persons Acting in Concert 0 0.00 0 0
Trusts 0 0.00 0 0
Others 0 0.00 0 0
Sub Total 7,878,940 41.22 7,878,940 10
Total ShareHolding for Promoter & Group
B]. Publice Share Holding
1] Institution
Government(Central / State) 0 0.00 0 0
Clearing Members 0 0.00 0 0
Corporate Bodies 0 0.00 0 0
Foreign Direct Investments 0 0.00 0 0
Financial Institutions / Banks 0 0.00 0 0
Foreign Bank 0 0.00 0 0
Foreign Bodies Corporate/OCBs/FBC 0 0.00 0 0
Foreign Collaborators 0 0.00 0 0
Foreign Institutional Investors 126,583 0.66 126,583 4
Foreign Venture Capital Investors 0 0.00 0 0
Foreign Institution Other 0 0.00 0 0
Insurance Companies 0 0.00 0 0
Mutual Funds / UTI 0 0.00 0 0
Individuals (Non-Resident / Foreign) 0 0.00 0 0
NSDL Intransit 0 0.00 0 0
Others 0 0.00 0 0
Trusts 0 0.00 0 0
Venture Capital Funds 0 0.00 0 0
Sub total 126,583 0.66 126,583 4
2] Non Institution
Bodies Corporate 442,290 2.31 442,290 92
Clearing Members 85,192 0.45 85,192 13
Directors of their Relatives 0 0.00 0 0
Employees 0 0.00 0 0
Escrow Account 0 0.00 0 0
Foreign Corporate Bodies 0 0.00 0 0
Foreign Direct Investments 0 0.00 0 0
NRIs/Foreign Individuals/Foreign Nationals 351,102 1.84 351,102 365
Foreign Non Institution Other 0 0.00 0 0
Hindu Undivided Families 544,232 2.85 544,232 594
Indian Public 0 0.00 0 0
Individuals holding nominal share capital in excess of Rs. 1 lakh 2,811,055 14.71 2,811,055 39
Individuals holding nominal share capital up to Rs. 1 lakh 6,142,077 32.13 6,142,067 21,751
Market Maker 0 0.00 0 0
NSDL Transit 0 0.00 0 0
Shares in transit 0 0.00 0 0
Societies 0 0.00 0 0
Trust & Foundation 0 0.00 0 0
Others 0 0.00 0 0
Sub Total 10,376,099 54.28 10,376,089 22,856
Total Public Shareholding
C]. Shares held by Custodians and against which Depository Receipts have been issued
ADR 0 0.00 0 0
GDR 0 0.00 0 0
Other Custodians 0 0.00 0 0
Total Shares held by Custodians and against which Depository Receipts have been issued 0 0.00 0 0
Grand Total ( A + B + C ) 19,114,955 100.00 19,114,945 22,871

Company Background

Veto Switchgears & Cables LtdElectric Equipment

  • Veto Switchgears & Cables Ltd
  • BSE Code : 42820.0
  • ISIN : INE918N01018
  • Incorporation Year

    2007

  • Registered Office

    506 5 Flr Plot B-9 New Link Rd
    Landmark Building Andheri (W), Mumbai,
    Maharashtra-400058

  • Telephone

    91-141-4100400

  • FAX

    91-141-4100410

  • Chairman

  • Managing Director

    Akshay Kumar Gurnani

  • Company Secretary

    Kritika Todwal

  • Auditor

    SGCO & Co LLP

  • Face Value

    10

  • Listing

    NSE

  • Registrar

    Big Share Services Pvt Ltd
    E-2/3 Saki Vihar Rd ,
    Ansa Indl Estate ,Saki Naka Andheri-E
    Mumbai - Mumbai - 400 072

Veto Switchgears & Cables Ltd Peer Comparison

Profit & Loss
Financial Ratios
Balance Sheet
Select Company Name LTP (₹) Revenue Sales P/E Ratio ROCE %
Veto Switchgears 123.55 253.99 246.54 9.05 11.48
A B B 6,754.00 13,555.09 13,202.73 47.90 29.83
GE Vernova T&D 4,265.10 6,297.15 6,206.31 76.00 70.99
Siemens 3,515.00 22,869.30 22,025.40 40.88 12.29
Bharat Bijlee 2,475.30 2,314.87 2,273.80 21.58 8.29
Permanent Magnet 947.90 231.66 225.46 32.03 16.75
CG Power & Ind 841.85 11,584.44 11,330.62 86.34 28.15
Lak. Electrical 800.90 242.47 237.58 55.89 0.81
Kaycee Inds. 749.00 60.74 60.05 50.17 20.50
Modern Insulator 465.70 741.31 719.14 22.93 18.90
Jyoti 62.03 281.13 276.53 8.39 3.80