Veto Switchgears & Cables Ltd Share Price

Electric Equipment - General - Medium / Small

NSE: VETO Small Cap ISIN: INE918N01018

As on 31 January 2025 at 14:19 IST

₹119.37

-0.63

(-0.52%)

Sell Buy

Over 1 Month

-8.68%

Over 6 Months

-31.13%

Over 1 Year

-3.92%

Over 3 Years

9.99%

Veto Switchgears & Cables Ltd Summary

Close ₹ 119.37

Open ₹ 120.60

High ₹ 122.75

Low ₹ 118.41

Volume 38,143

Net Turnover (in ₹ Cr) ₹ 0.44

52Wk High ₹ 196

52Wk Low ₹ 106.05

52Wk High / Low

106.05

196

Veto Switchgears & Cables Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 229.38

EPS (TTM) 16.35

Book Value (BV) 130.25

Div. Yield 0.83 %

P/E (TTM) 7.33

Price/Book Value 0.92

Delivery % 59.85 %

Face Value 10

Key Ratios

PE Ratio 7.70

PB Ratio 0.98

EV to Sales 1.15

PEG Ratio 0.23

ROA 11.87

ROE 13.55

Debt-Equity 0.09

Net Profit Margin 14.55

Operating Profit Margin 21.46

Veto Switchgears & Cables Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	304.83	295.51	270.38	182.72	150.90
Total Expenses	276.08	265.10	240.59	161.47	136.99
Profit Before Tax	28.75	30.42	29.80	21.39	13.92
Profit After Tax	18.06	20.45	20.19	14.84	9.28
Operating Profit after Depreciation	32.90	35.20	33.75	23.11	17.65

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	27.88	27.09	28.85	30.05	25.45
Total Non Current Assets	56.60	53.19	50.91	50.94	47.12
Total Current Assets	249.59	268.08	257.71	222.56	172.89
TOTAL ASSETS	306.19	321.27	308.62	273.51	220.02
Total Shareholder's Fund	246.25	232.88	212.63	193.79	177.77

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	26.95	17.97	-7.92	7.06	30.91
Net Cash used in Investing Activities	-7.27	-2.35	0.47	-7.40	-11.41
Net Cash used in Financing Activities	-27.31	-9.89	4.32	-3.43	-18.94

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	230.17	208.95	183.97	155.37	126.34
Total Expenses	189.93	177.87	153.21	133.02	110.64
Profit Before Tax	40.23	31.08	30.76	22.34	15.70
Profit After Tax	30.48	22.85	22.62	16.12	11.06
Operating Profit after Depreciation	42.83	34.89	33.99	24.09	19.42

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	11.84	10.52	11.86	13.01	11.46
Total Non Current Assets	94.11	95.70	97.49	88.98	73.93
Total Current Assets	179.44	165.56	153.15	135.51	119.73
TOTAL ASSETS	273.55	261.26	250.64	224.49	193.67
Total Shareholder's Fund	239.20	210.58	189.60	168.81	152.55

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	4.79	5.09	1.40	3.13	10.95
Net Cash used in Investing Activities	17.99	12.22	0.33	-13.90	2.41
Net Cash used in Financing Activities	-19.47	-15.83	-2.57	7.17	-18.92

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	74.28	61.21	79.44	82.05	71.64
Total Expenses	65.72	54.12	75.11	73.32	61.63
Profit Before Tax	8.01	6.49	6.71	7.46	8.08
Profit After Tax	5.97	4.88	2.23	4.89	6.05
Operating Profit after Depreciation	8.71	7.51	7.92	9.12	10.35

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	52.98	41.74	61.66	54.96	51.31
Total Expenses	46.49	36.49	56.83	48.27	43.79
Profit Before Tax	7.23	5.72	21.78	6.49	7.11
Profit After Tax	5.42	4.31	17.32	4.20	5.29
Operating Profit after Depreciation	7.84	6.50	22.60	7.57	8.63

Veto Switchgears & Cables Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 117.95

S2 115.90

S3 114.09

Pivot 119.76

R1 121.81

R2 123.62

R3 125.67

Moving Average

20 SMA 127.64

50 SMA 132.56

100 SMA 137.94

200 SMA 140.44

Veto Switchgears & Cables Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Veto Switchgears & Cables Ltd

₹1/Share

Announcement Date 20 Sep 2024

Record Date 22 Sep 2024

Div Yield 10%

AGM Date: 28 Sep 2022

AGM 28/09/2022 Pursuant to Regulation 42 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement), Regulations 2015 and section 91 of Companies Act, 2013, the Register of Members and Share Transfer Books of the Company will remain closed as per following schedule:- From Thursday, 22nd September, 2022, to Wednesday, 28th September, 2022. (Both day Inclusive) With reference to subject captioned above, please find enclosed herewith the Notice convening 15th Annual General Meeting of the Company scheduled to be held on Wednesday, 28th September, 2022 through Video Conferencing ('VC')/ Other Audio Visual Means ('OAVM'). (As per BSE Announcement Dated on 1/9/2022) We are pleased to inform you that Pursuant to the Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 & Section 108 of the Companies Act, 2013 read with the Rule 20 of the Companies (Management & Administration) Amendment Rules, 2015, the company is providing facilities to the members of the company to cast their votes through electronic means for the 15th Annual General Meeting to be held on Wednesday, 28th September, 2022 for the Financial Year 2021-22, through Video Conferencing ('VC')/ Other Audio Visual Means ('OAVM'). (As Per BSE Announcement dated on 02.09.2022) In terms of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with corresponding circulars and notifications issued thereunder, we are enclosing herewith the Newspaper clippings from the Business Standard & Mumbai Lakshadweep editions of 03rd September, 2022 where a Public Notice has been published by way of an advertisement by the Company after completion of dispatch i.e. sending of emails of Notice of the 15th AGM of the Company together with the Annual Report. Please note that the AGM of the Company for the financial year 2021-22 has been scheduled for 28th day of September, 2022, Wednesday, 03:00 P.M. through VC (Video Conferencing)/ OAVM (Other Audio Visual Means). (As per BSE Announcement Dated on 3/9/2022) Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, please find enclosed herewith the proceedings of the 15th Annual General Meeting (AGM) of the Company was held on Wednesday, September 28th, 2022 at 03:00 P.M through Video Conferencing (VC)/ Other Audio Visual Means (OAVM). (As Per BSE Announcement Dated on 29/09/2022) With reference to the above captioned subject, pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the details of voting results inclusive of remote e-voting and e-voting during the 15th Annual General Meeting of the Company held on Wednesday, 28th September 2022 at 03:00 P.M. at through Video Conferencing (VC)/Other Audio Video Means (OAVM). The above is also being uploaded on the Company's website at www.vetoswitchgears.com and on the website of Central Depository Services (India) Limited (CDSL) at www.evotingindia.com. Retirement of of Mr. Govind Ram Thawani in the 15th AGM upon completion of tenure as an Independent Director of the Company Approved appointment of Mr. Sanjeev Kumar Dass as an Independent Director of the Company. A brief profile of him is attached here as (Annexure A) for your kind perusal and record. 2. Approved retirement of Mr. Govind Ram Thawani as an Independent Director of the Company. A brief profile of him is attached here as (Annexure B) for your kind perusal and record. 3. Approved Re-appointment of Mr. Kanwar Jeet Singh (DIN: 07813714) as an Independent Director for Second Term. A brief profile of him is attached here as (Annexure D) for your kind perusal and record. (As Per BSE Announcement dated on 30.09.2022)

AGM Date: 29 Sep 2023

Enclosing newspaper Clippings of Public Notice before sending the Notice of Ensuing 16th AGM Discussed and approved the Annual Report 2022-23 containing the Directors Report, Audited Financial Statements (Consolidated & Standalone financial statements for the year ended 31st March, 2023), Auditors Report and annexures thereon and authorized relevant persons for signing the same, approved Notice of the 16th Annual General Meeting, approved that the Register of Members and Share Transfer Books of the Company shall remain closed, Voting Facility through E-Voting (As Per BSE Announcement Dated on 04/09/2023) Proceeding of 16th Annual general Meeting dated 29.09.2023 (As per BSE Announcement Dated on 30/09/2023) Clarification- This has reference to the intimation dated 30th September 2023 with respect to the proceedings of the 16th Annual General Meeting of shareholder held on September 29, 2023. Clarification- This has reference to the intimation dated 30th September 2023 with respect to the proceedings of the 16th Annual General Meetings of shareholders held on September 29, 2023. There has been an inadvertent delay in submission of proceedings of AGM. (As Per BSE Announcement Dated on 08/04/2024)

AGM Date: 28 Sep 2024

In terms of regulation 47 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 read with corresponding circulars and notifications issued thereunder we are enclosing herewith the Newspaper clippings from the business standard (English) & Mumbai Lakshadweep (Marathi) editions of 29th August where a public notice has been published by way of an advertisement by the company in compliance of MCA Circular No. 20/2020 dated 5th May 2020 before sending the notice of the ensuing AGM together with the annual report to all the members of the company and other person so entitled. Read less.. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015, please find the enclosed herewith the proceedings of the 17th Annual General Meeting (AGM) of the company held on Saturday 28th September 2024 at 3:00 P.M. through video conferencing (VC)/ Other audio-visual means (OAVM). (As per BSE Announcement Dated on 28/09/2024)

Veto Switchgears & Cables Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Veto Switchgears & Cables Ltd	₹119.90	₹229.19
Siemens Ltd	₹5,874.15	₹2,09,190.53
ABB India Ltd	₹5,720.05	₹1,21,212.65
CG Power & Industrial Solutions Ltd	₹620.55	₹94,867.01
Suzlon Energy Ltd	₹55.39	₹74,984.06
Bharat Heavy Electricals Ltd	₹196.30	₹68,352.90

Veto Switchgears & Cables Ltd News

Veto Switchgears & Cables to conduct board meeting

On 13 November 2024

08 Nov 2024, 04:27 pm

Veto Switchgears & Cables AGM scheduled

On 28 September 2024

05 Sep 2024, 03:14 pm

Veto Switchgears & Cables to discuss results

On 13 August 2024

08 Aug 2024, 05:22 pm

Board of Veto Switchgears & Cables recommends final dividend

Of Rs 1 per share

30 May 2024, 03:37 pm

Veto Switchgears & Cables to declare Quarterly Result

On 29 May 2024

28 May 2024, 12:59 pm

Veto Switchgears & Cables Ltd Stock Analysis

Annual revenue for Veto Switchgears & Cables Ltd increased by 10.15% to ₹230.17 crore in FY 2024 from ₹208.95 crore in FY 2023.
Annual Net Profit for Veto Switchgears & Cables Ltd increased by 33.40% to ₹30.48 crore in FY 2024 from ₹22.85 crore in FY 2023.
Promoter Shareholding in Veto Switchgears & Cables Ltd remains unchanged by 0.00% in the most recent quarter, from 45.06% in September 2024 to 45.06% in December 2024.
Veto Switchgears & Cables Ltd delivered a 1-year return of -3.92% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
Veto Switchgears & Cables Ltd share price moved down by 0.52% from its previous close of INR ₹120. The latest Veto Switchgears & Cables Ltd share price is INR ₹119.37.
Veto Switchgears & Cables Ltd share price today has been at a low of 118.41 and a high of 122.75. Over the past 52 weeks, the Veto Switchgears & Cables Ltd share price has seen a low of 106.05 and a high of 196.