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Consumer Durables
Consumer Electronics
233 Cr
High Risk
8.6
41.5
0.7
0.8
158.20
83.00
Sales CAGR
Profit CAGR
ROE
ROCE
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Investor Presentation
Q2 FY26
Investor Presentation
Q1 FY26
Investor Presentation
Q3 FY21
Veto Switchgears & Cables Ltd (VETO) is currently trading at 121.80 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Veto Switchgears and Cables Limited manufactures wires, cables, electrical accessories, modular switches and lighting products, and has recently expanded into small appliances through acquisitions; it operates manufacturing plants in Haridwar, Mumbai and several newer plants opened since 2018 and sells under the Veto corporate identity and the VYOMA brand for lighting and modular switches. Quarterly standalone revenue increased to Rs. 5,813.30 lakhs for Q2 FY2026 from Rs. 5,298.18 lakhs a year earlier, delivering a ~9.7% year‑on‑year top‑line improvement while standalone quarterly net profit rose modestly to Rs. 569.07 lakhs, indicating revenue growth with relatively stable profitability at the standalone level. On a half‑year consolidated basis revenue grew materially to Rs. 15,363.68 lakhs versus Rs. 13,548.86 lakhs year‑ago, yet consolidated half‑year net profit declined to Rs. 950.79 lakhs from Rs. 1,084.96 lakhs, signifying growth consumption by integration costs, product mix changes, or higher working capital and operating expenses. The balance sheet shows heavy working capital intensity: consolidated trade receivables (Rs. 14,605.68 lakhs) and inventories (Rs. 11,018.54 lakhs) are substantial, while cash balances are low (consolidated Rs. 158.92 lakhs), and the company has significant non‑current loans/advances on the asset side, indicating funds deployed across group entities and higher liquidity management needs. Strategic moves include product launches under the VYOMA brand, the new OCEAN motor variant, and recent acquisitions (Vankon, Veto Polytech, VNB Appliances) which materially broaden product categories and distribution reach, creating cross‑sell potential but also near‑term integration and working‑capital demands.
Over the past 52 weeks, Veto Switchgears & Cables Ltd has traded between a low of ₹83.00 and a high of ₹158.20. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Veto Switchgears & Cables Ltd has a market capitalization of approximately 233.39. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Veto Switchgears & Cables Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 8.64 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 233.39 Cr, Veto Switchgears & Cables Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Veto Switchgears & Cables Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Veto Switchgears & Cables Ltd is 8.64. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
The board meeting is scheduled for Wednesday, August 12, 2026, at 4:00 P.M., to consider and approve unaudited Q1 results for the quarter ended June 30, 2026.
