Veto Switchgears And Cables Limited (VETO) fundamentals
Veto Switchgears And Cables Limited is a listed company in Consumer Durables, part of the Consumer Durables sector, listed on the NSE as VETO (ISIN INE918N01018). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.
What Veto Switchgears And Cables Limited does
Veto Switchgears and Cables Limited is an India-based company, which is engaged in manufacturing of wires and cables, electrical accessories and also deals in light emitting diode (LED) lighting, compact fluorescent lamps (CFLs) and fans. The Company operates through three segments: Wire and Cables, Lighting & Fittings, and Accessories & Others. The Company's product portfolio ranges from slim LED panel, concealed light, deep light, spotlight, floodlight, streetlight, strip light, rope light, LED bulb, LED tube light, wall and track light, surface panel, vimal multi strand cables, veto multistrand cables, vimal flexible wire, ceiling fan, wall fan, pedestal fan, table fan, circuit breaker, distribution panels, isolator, AC box, ding-dong bell, stereo bells, multi tune bells, and extension cords. The Company has its manufacturing unit in Haridwar. The Company's subsidiaries include Veto Electricals Private Limited, Vankon Modular Private Limited, and others.
Valuation and market data
| Last close | ₹120.91 |
|---|---|
| Market capitalisation | ₹226 crore |
| Enterprise value | ₹231 crore |
| P/E (TTM) | 9.19 |
| Price to book | 0.78 |
| Price to sales (TTM) | 0.34 |
| Book value per share | ₹155.22 |
| Dividend yield | 82.71% |
| Sector | Consumer Durables |
| Industry | Consumer Durables |
| Listed since | Wed Apr 29 |
Annual results
| Period | Revenue | Profit before tax | Net profit | EPS |
|---|---|---|---|---|
| Mar 2026 | ₹254 crore | ₹32 crore | ₹24 crore | 12.47 |
| Mar 2025 | ₹223 crore | ₹28 crore | ₹22 crore | 11.26 |
| Mar 2024 | ₹230 crore | ₹40 crore | ₹30 crore | 15.94 |
| Mar 2023 | ₹209 crore | ₹31 crore | ₹23 crore | 11.95 |
| Mar 2022 | ₹184 crore | ₹31 crore | ₹23 crore | 11.83 |
Figures are as reported (standalone), in ₹ crore.
Shareholding pattern
As of Sep 2026:
| Promoters | 45.1% |
|---|---|
| Foreign institutions (FII) | 0.7% |
| Mutual funds | 0.0% |
| Other domestic institutions | 0.0% |
| Retail and others | 54.3% |
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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.