Veto Switchgears and Cables Ltd Stock Price Today (NSE: VETO)

Veto Switchgears and Cables Ltd

123.17+1.25 (+1.03%)
Market Closed

Fundamental Score

...

Veto Switchgears and Cables Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Veto Switchgears and Cables Ltd share price today is 123.17, up +1.03% on NSE/BSE as of 3 August 2026. Veto Switchgears and Cables Ltd (VETO) is a Small-cap company in the Consumer Electronics sector with a market capitalisation of 251.46 (Cr). The 52-week high for VETO share price is 153.95 and the 52-week low is 82.32. At a P/E ratio of 10.01x, VETO is currently trading below its industry average P/E of 41.95x. The company has a Return on Equity (ROE) of 9.04% and a debt-to-equity ratio of 0.07.

Veto Switchgears and Cables Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
148.88
Low
116.55
Volume
57.2K
Change
-8.65%

Veto Switchgears and Cables Ltd share price chart: -8.65% return over the past month. 52-week high ₹153.95, 52-week low ₹82.32.

Veto Switchgears and Cables Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
129.00134.00128.30131.4033.43K (Cr)
123.22128.74120.56128.3062.27K (Cr)
124.95124.95121.50122.6120.62K (Cr)
122.00125.00121.60123.5121.11K (Cr)
119.90123.00116.55121.2615.59K (Cr)
122.55125.00118.55119.9029.00K (Cr)
125.51127.44123.21123.8717.86K (Cr)
127.45129.50125.55126.0326.87K (Cr)
126.20127.00126.00126.5922.59K (Cr)
126.85127.50124.30125.4014.92K (Cr)

Veto Switchgears and Cables Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
127.60134.00116.55131.40+2.98%
124.61153.95120.60127.38+2.22%
110.00129.45105.02124.00+12.73%
87.90112.6987.79108.37+23.29%
101.75105.0182.3284.40-17.05%
101.75112.0097.85103.54+1.76%
115.88116.9097.0099.24-14.36%
113.00116.99103.53114.70+1.50%
119.35122.70110.00112.46-5.77%
117.90127.75113.36120.71+2.38%
113.10131.38110.15117.44+3.84%
135.00136.88109.21113.10-16.22%

Returns & Performance

Poor

Return on Equity (ROE)

9.04%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

11.74%

Returns generated on total capital deployed

Average

Oper. Profit Margin (5Y Avg)

10.81%

Average operating profit margin over 5 years

Dividend Yield

0.76%

Annual dividend as % of current share price

Veto Switchgears and Cables Ltd Valuation Check

Excellent

Price to Earnings (P/E)

10.01x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

41.95x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

45.06%

% shares held by company founders/management

Poor

FII Holding

0.01%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Average

Profit Growth (Quarterly YoY)

16.45%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

55.71%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

16.37%

Compounded annual revenue growth over 5 years

Good

EPS Growth (5-Year CAGR)

11.20%

Earnings per share growth over 5 years

Good

Net Profit Growth (5-Year CAGR)

11.20%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.07x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

17.94x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

27.06 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Veto Switchgears and Cables Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of VETO across key market metrics for learning purposes.

Positive Indicators

7 factors identified

Attractive Valuation (P/E: 10.01 vs Industry: 41.95)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Strong Revenue Growth (55.71%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (16.37% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Conservative Debt Levels (D/E: 0.07)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (17.94x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹27.06 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Below-Average Return on Equity (9.04%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Limited Institutional Interest (FII+DII: 0.01%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Veto Switchgears and Cables Ltd vs Consumer Electronics Peers

Peer Comparison - Consumer Electronics

Compare Veto Switchgears and Cables Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
61.6/100
123
₹251.46
10.0
Average
9.04%
Poor
11.74%
Average
0.1
Excellent
11.20%
Good
16.37%
Excellent
0.76%
53.2/100
14049
₹83445.46
58.0
Average
37.43%
Excellent
41.97%
Excellent
0.2
Excellent
55.20%
Excellent
49.94%
Excellent
0.06%
60.3/100
1261
₹73917.12
43.7
Average
19.03%
Good
24.90%
Excellent
0.0
Excellent
10.75%
Good
16.59%
Excellent
0.85%
44.3/100
613
₹17232.66
87.7
Average
6.69%
Poor
10.31%
Average
0.2
Excellent
75.11%
Excellent
49.71%
Excellent
0.04%
54.3/100
200
₹1665.01
40.2
Average
7.13%
Poor
9.49%
Poor
0.1
Excellent
7.43%
Good
22.82%
Excellent
0.00%
0/100
37
₹1441.37
-33.57%
Poor
-16.44%
Poor
0.3
Excellent
-2.93%
Poor
0.00%
54.6/100
34
₹826.44
20.9
Average
21.96%
Excellent
22.64%
Excellent
0.7
Good
356.50%
Excellent
0.00%
CWD Ltd...
CWD543378
66.5/100
313
₹705.88
63.5
Average
12.98%
Average
17.98%
Good
0.7
Good
50.71%
Excellent
112.48%
Excellent
0.00%
24.5/100
475
₹439.25
-9.49%
Poor
-9.34%
Poor
0.0
Excellent
-16.75%
Poor
0.00%
8/100
120
₹306.48
-6733.33%
Poor
-4.15%
Poor
0.00%
28.3/100
174
₹299.92
24.6
Average
18.80%
Good
19.80%
Good
0.3
Excellent
0.00%

Veto Switchgears and Cables Ltd PE Ratio History

Historical price-to-earnings ratio for VETO — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202511.58₹114.709.9x
FY 20249.39₹130.0513.8x
FY 202310.59₹115.0510.9x
FY 202210.47₹110.1510.5x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Veto Switchgears and Cables Ltd Dividend History

Annual cash dividends paid by VETO — dividend yield 0.76%

Financial YearDividends Paid (₹ Cr)
FY 20251.91 Cr
FY 20241.91 Cr
FY 20231.91 Cr
FY 20221.91 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Veto Switchgears and Cables Ltd Quarterly Performance

Latest quarterly metrics for VETO — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

55.71%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

16.45%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

16.37%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

11.20%

Compounded annual net profit growth over 5 years

Veto Switchgears and Cables Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for VETO — calculated from daily price history

60RSI 14
Neutral — RSI 60

Momentum is balanced — neither overbought nor oversold.

SMA 50
125
▼ Price below SMA 50 — Short-term bearish
SMA 200
112
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
159K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Veto Switchgears and Cables Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Veto Switchgears and Cables Ltd (VETO) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Veto Switchgears and Cables Ltd

About VETO (Veto Switchgears and Cables Ltd)

Veto Switchgears and Cables Ltd is a dynamic force in the consumer electronics landscape, illuminating homes and empowering industries with its comprehensive range of electrical so...lutions. Beyond simply manufacturing wires and cables, Veto meticulously crafts the conduits that power modern life, ensuring safety, efficiency, and reliability. Their dedication to quality shines through in every product, from the intricate wiring systems hidden within our walls to the sleek and functional accessories that adorn them. Veto understands that electricity is more than just a current; it's the lifeblood of our connected world, and they strive to deliver solutions that seamlessly integrate into our daily lives, enhancing comfort and convenience. The company's commitment extends far beyond basic functionality. Veto is deeply invested in shaping the future of illumination through its innovative LED lighting segment. Forget harsh, energy-guzzling bulbs; Veto's offerings are designed to be both aesthetically pleasing and environmentally conscious. Imagine a home bathed in the soft glow of energy-efficient LED panels, or a city street illuminated by powerful yet sustainable streetlights. This isn't just about providing light; it's about crafting ambiences, enhancing safety, and reducing our collective carbon footprint. Veto's dedication to research and development ensures that their LED solutions are at the forefront of technological advancement, constantly pushing the boundaries of efficiency and design. But Veto’s reach doesn't stop there. They are masters of modular design. Think intuitive switches that blend seamlessly into any décor, customizable to meet individual needs and preferences. Every accessory is engineered with meticulous attention to detail, ensuring both functionality and aesthetic appeal. Veto transforms everyday electrical components into design statements, seamlessly integrating technology into the very fabric of our homes and workplaces. By combining cutting-edge technology with a keen understanding of consumer needs, Veto Switchgears and Cables Ltd is poised to continue its reign as a leader in the consumer electronics industry, empowering a brighter, more connected future.

Company Details

Symbol:VETO
Industry:Consumer Electronics
Sector:Consumer Electronics

Key Leadership

Mr. Akshay Kumar Gurnani
Chairman, MD & CEO
Mr. Narain Das Gurnani
CFO & Whole-Time Director
Ms. Kritika Todwal A.C.S., B.Com., L.L.B., L.L.M.
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

VETO Share Price: Frequently Asked Questions

What is the current share price of Veto Switchgears and Cables Ltd?

Veto Switchgears and Cables Ltd (VETO) trades at ₹123.17 on NSE and BSE. Market cap ₹251.46 (Cr). Educational data only.

What is the P/E ratio of Veto Switchgears and Cables Ltd?

Veto Switchgears and Cables Ltd has a P/E of 10.01x vs industry average 41.95x.

What is the Bull Run score for Veto Switchgears and Cables Ltd?

Veto Switchgears and Cables Ltd has a Bull Run score of 61.6/100 based on 25+ financial parameters.

Does Veto Switchgears and Cables Ltd pay dividends?

Veto Switchgears and Cables Ltd has a dividend yield of 0.76%. Past dividends don't guarantee future payments.

What is the ROE of Veto Switchgears and Cables Ltd?

Veto Switchgears and Cables Ltd has ROE of 9.04%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Veto Switchgears and Cables Ltd?

Veto Switchgears and Cables Ltd has debt-to-equity of 0.07.

Is Veto Switchgears and Cables Ltd a good investment?

Bull Run gives Veto Switchgears and Cables Ltd a score of 61.6/100. This is not investment advice — consult a SEBI-registered advisor.