Veto Switchgears and Cables Ltd Stock Price Today (NSE: VETO)
Fundamental Score
Veto Switchgears and Cables Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis
Veto Switchgears and Cables Ltd share price today is ₹103.70, up +0.00% on NSE/BSE as of 19 February 2026. Veto Switchgears and Cables Ltd (VETO) is a Small-cap company in the Consumer Electronics sector with a market capitalisation of ₹211.75 (Cr). The 52-week high for VETO share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 10.06x, VETO is currently trading below its industry average P/E of 26.52x. The company has a Return on Equity (ROE) of 8.62% and a debt-to-equity ratio of 0.06.
Veto Switchgears and Cables Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Veto Switchgears and Cables Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Financial Analysis of Veto Switchgears and Cables Share Price
The consumer electronics sector is currently experiencing a dynamic shift, driven by increased demand for smart home solutions and efficient energy management systems. This analysis delves into the financial stability of Veto Switchgears and Cables Ltd, focusing on key indicators to understand the current valuation of the Veto Switchgears and Cables share price, which currently stands at ₹101.29. The analysis is part of an 80-parameter fundamental audit verified by Sweta Mishra.
Veto Switchgears and Cables boasts a Price-to-Earnings (PE) ratio of 10.06. This suggests, observationally, that the company is potentially undervalued compared to the broader market, depending on growth prospects and industry averages. Compared to sector peers like
PROFXSM, qualitative aspects such as perceived management quality could be influencing the valuation difference. For instance, investor confidence in the long-term strategic vision and operational efficiency of the management team at Veto Switchgears and Cables, relative to PROFXSM, could explain some of the divergence in PE ratios, warranting further investigation.A critical factor influencing Veto Switchgears and Cables' competitive advantage is its Return on Capital Employed (ROCE) of 11.12%. ROCE measures how effectively a company is using its capital to generate profits. An ROCE of 11.12% suggests a reasonable level of efficiency. This profitability helps create a 'moat' by enabling reinvestment into research and development, efficient manufacturing, and competitive pricing – essential for sustainable growth within a competitive market. A higher ROCE generally indicates a stronger ability to generate profits from invested capital, bolstering the company’s market position. The sustainability of this ROCE is a key factor to consider.
Ultimately, this analysis presents an observational overview of Veto Switchgears and Cables' current financial position. Further, more in-depth investigation into debt levels, cash flow, and future growth projections is needed to form a comprehensive understanding of the investment potential and financial stability of Veto Switchgears and Cables Ltd. This includes a detailed comparison with peers like Universus Photo Imagings Ltd and PULZ ELECTRONICS to understand the competitive landscape and relative performance within the sector.
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
9 factors identified
Attractive Valuation (P/E: 10.06 vs Industry: 26.52)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Strong Revenue Growth (19.51%)
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 (14.87% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (18.96% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (18.96% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.06)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (13.57x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹25.06 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
1 factors identified
Below-Average Return on Equity (8.62%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Veto Switchgears and Cables Ltd Financial Statements
Comprehensive financial data for Veto Switchgears and Cables Ltd including income statement, balance sheet and cash flow
About VETO (Veto Switchgears and Cables Ltd)
Veto Switchgears and Cables Ltd (VETO) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Consumer Electronics sector with a current market capitalisation of ₹211.75 (Cr). Veto Switchgears and Cables Ltd has delivered a Return on Equity (ROE) of 8.62% and a ROCE of 11.12%. The debt-to-equity ratio stands at 0.06, reflecting the company's capital structure. Investors tracking VETO share price can monitor key metrics including P/E ratio, promoter holding of 45.06%, and quarterly earnings growth.
Company Details
Key Leadership
Corporate Events
VETO Share Price: Frequently Asked Questions
What is the current share price of Veto Switchgears and Cables Ltd (VETO)?
As of 19 Feb 2026, 10:23 am IST, Veto Switchgears and Cables Ltd share price is ₹103.70. The VETO stock has a market capitalisation of ₹211.75 (Cr) on NSE/BSE.
Is VETO share price Overvalued or Undervalued?
VETO share price is currently trading at a P/E ratio of 10.06x, compared to the industry average of 26.52x. Based on this relative valuation, the Veto Switchgears and Cables Ltd stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of VETO share price?
The 52-week high of VETO share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the Veto Switchgears and Cables Ltd share price?
Key factors influencing VETO share price include quarterly earnings growth (Sales Growth: 19.51%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Veto Switchgears and Cables Ltd a good stock for long-term investment?
Veto Switchgears and Cables Ltd shows a 5-year Profit Growth of 18.96% and an ROE of 8.62%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.06 before investing in VETO shares.
How does Veto Switchgears and Cables Ltd compare with its industry peers?
Veto Switchgears and Cables Ltd competes with major peers in the Consumer Electronics. Investors should compare VETO share price P/E of 10.06x and ROE of 8.62% against the industry averages to determine competitive standing.
What is the P/E ratio of VETO and what does it mean?
VETO share price has a P/E ratio of 10.06x compared to the industry average of 26.52x. Investors pay ₹10 for every ₹1 of annual earnings.
How is VETO performing according to Bull Run's analysis?
VETO has a Bull Run fundamental score of 58.3/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does VETO belong to?
VETO operates in the Consumer Electronics industry. This classification helps understand the competitive landscape and sector-specific trends affecting Veto Switchgears and Cables Ltd share price.
What is Return on Equity (ROE) and why is it important for VETO?
VETO has an ROE of 8.62%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Veto Switchgears and Cables Ltd generates profits from shareholders capital.
How is VETO debt-to-equity ratio and what does it indicate?
VETO has a debt-to-equity ratio of 0.06, which indicates conservative financing with low financial risk.
What is VETO dividend yield and is it a good dividend stock?
VETO offers a dividend yield of 0.90%, meaning you receive ₹0.90 annual dividend for every ₹100 invested in Veto Switchgears and Cables Ltd shares.
How has VETO share price grown over the past 5 years?
VETO has achieved 5-year growth rates of: Sales Growth 14.87%, Profit Growth 18.96%, and EPS Growth 18.96%.
What is the promoter holding in VETO and why does it matter?
Promoters hold 45.06% of VETO shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Veto Switchgears and Cables Ltd.
What is VETO market capitalisation category?
VETO has a market capitalisation of ₹212 crores, placing it in the Small-cap category.
How volatile is VETO stock?
VETO has a beta of N/A. A beta > 1 suggests the Veto Switchgears and Cables Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is VETO operating profit margin trend?
VETO has a 5-year average Operating Profit Margin (OPM) of 11.41%, indicating the company's operational efficiency.
How is VETO quarterly performance?
Recent quarterly performance shows Veto Switchgears and Cables Ltd YoY Sales Growth of 19.51% and YoY Profit Growth of 2.71%.
What is the institutional holding pattern in VETO?
VETO has FII holding of 0.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Veto Switchgears and Cables Ltd stock.