How to Buy VETO Switch Gears And Cables Ltd Shares?
You can easily buy the stocks/shares of VETO Switch Gears And Cables Ltd (VETO) on Tickertape or through broker platform by opening a Demat & Trading account onlineWhat is the Share Price of VETO Switch Gears And Cables Ltd?
The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of VETO as on 15th May 2025 is ₹103.46What is the return on VETO Switch Gears And Cables Ltd share?
The past returns of VETO Switch Gears And Cables Ltd (VETO) share are- Past 1 week: N/A
- Past 1 month: N/A
- Past 3 months: 15.44
- Past 6 months: -7.30
- Past 1 year: -8.99
- Past 3 years: 55.96
- Past 5 years: 151.87
What is the Dividend yield % on VETO Switch Gears And Cables Ltd share?
The current dividend yield of VETO Switch Gears And Cables Ltd (VETO) is 0.80What is the Market Cap of VETO Switch Gears And Cables Ltd?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of VETO Switch Gears And Cables Ltd (VETO) is ₹237.69Cr as of 15th May 2025What is the 52 Week High and Low of VETO Switch Gears And Cables Ltd?
The 52-week high and low of VETO Switch Gears And Cables Ltd (VETO) is ₹196 and ₹92.60.What is the PE and PB ratio of VETO Switch Gears And Cables Ltd?
The P/E (price-to-earnings) and P/B (price-to-book) ratios of VETO Switch Gears And Cables Ltd are 10.74 and 0.96 respectively.Which sector does VETO Switch Gears And Cables Ltd belong to?
VETO Switch Gears And Cables Ltd (VETO) belongs to the Industrials sector & Electrical Components & Equipments sub-sector.What are the peers or stocks similar to VETO Switch Gears And Cables Ltd?
The peers or stocks similar to VETO Switch Gears And Cables Ltd are: and many others.Can't decide whether or not to buy VETO Switch Gears And Cables Ltd?
Worry no more! Login to Tickertape and check out VETO Switch Gears And Cables Ltd (VETO) scorecard & all the relevant insights today5. Test Stocks FAQ What is the 52 Week High and Low of VETO Switch Gears And Cables Ltd?
The 52-week high and low of VETO Switch Gears And Cables Ltd (VETO) is ₹196 and ₹92.60.1. Test Stocks FAQ for VETO Switch Gears And Cables Ltd Shares?
You can easily buy the stocks/shares of VETO Switch Gears And Cables Ltd (VETO) on Tickertape or through broker platform by opening a Google & Trading account online3. Test Stocks FAQ What is the Share Price of VETO Switch Gears And Cables Ltd?
The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of VETO as on 15th May 2025 is ₹103.46
VETO Switch Gears And Cables Ltd
VETO Share Price
VETO Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
VETO Performance & Key Metrics
VETO Performance & Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
10.78 | 0.96 | 0.80% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
968.17 | 166.53 | 0.02% |
VETO Analyst Ratings & Forecast
Price Upside
Earnings Growth
Rev. Growth
VETO Company Profile
Veto Switch Gears And Cables Limited is engaged in the manufacturing of wires and cables, electrical accessories, light emitting diode (LED) lighting, compact fluorescent lamp (CFL) and fans.
VETO Sentiment Analysis
VETO Sentiment Analysis
VETO Stock Summary · January 2025
Company is navigating a complex landscape characterized by declining market share in deposits, challenges in meeting Priority Sector Lending (PSL) obligations, and fluctuations in current account flows. Despite these hurdles, the bank is focusing on enhancing customer engagement and service delivery to drive deposit growth, with recent monthly inflows showing a positive trend. The management emphasizes a strategic approach to maintaining profitability over aggressive expansion, particularly in light of competitive pressures and a tight liquidity environment. Efforts to improve operational efficiencies through digitization and a commitment to stable cost management are underway, alongside a proactive strategy to reduce borrowings and strengthen the balance sheet. Overall, while facing short-term challenges, the bank remains optimistic about future performance and is committed to achieving sustainable growth through strategic investments and improved customer outreach.
VETO Stock Growth Drivers
VETO Stock Growth Drivers
5Focus on Sustainable Growth
Company is prioritizing profitable growth over mere expansion, emphasizing a strategy that encourages ground-level teams
Stable Financial Metrics
The company has maintained a return on assets (ROA) of 1.9% post-merger, showcasing stability in
VETO Stock Challenges
VETO Stock Challenges
1Deposit Growth Shortfalls
The company has experienced deposit growth that has not met expectations, attributed to seasonal trends
VETO Forecast
What are forecasts?
What are forecasts?
Forecasting uses historical data as inputs to make informed predictive estimates determining the direction of future trends. Price, revenue & earnings forecasts represent where the stock level, business prospects and profits are potentially expected to be at the end of the forecast period
VETO Forecasts
VETO
VETO
Income
Balance Sheet
Cash Flow
VETO Income Statement
VETO Income Statement
Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 240.73 | 255.05 | 218.68 | 150.90 | 182.86 | 270.38 | 295.51 | 304.82 | 302.93 | 302.92 | ||||||||||
Raw Materials | 206.85 | 196.97 | 227.53 | 97.86 | 132.91 | 200.40 | 196.71 | 210.75 | 268.69 | 268.68 | ||||||||||
Power & Fuel Cost | 0.99 | 1.11 | 1.08 | 0.90 | 1.09 | 0.88 | 1.14 | 1.10 | ||||||||||||
Employee Cost | 11.96 | 8.68 | 9.03 | 10.65 | 11.83 | 15.25 | 17.63 | 16.96 | ||||||||||||
Selling & Administrative Expenses | 8.56 | 7.41 | 9.01 | 8.51 | 14.76 | 16.67 | 20.18 | 20.25 | ||||||||||||
Operating & Other expenses | -14.74 | -2.38 | -49.29 | 13.44 | -2.98 | 0.10 | 21.83 | 20.15 | ||||||||||||
EBITDA | 27.11 | 43.26 | 21.32 | 19.54 | 25.25 | 37.08 | 38.02 | 35.61 | 34.24 | 34.24 | ||||||||||
Depreciation/Amortization | 1.66 | 1.58 | 1.47 | 1.90 | 2.00 | 3.33 | 2.82 | 2.73 | 3.06 | 3.06 | ||||||||||
PBIT | 25.45 | 41.68 | 19.85 | 17.64 | 23.25 | 33.75 | 35.20 | 32.88 | 31.18 | 31.18 | ||||||||||
Interest & Other Items | 4.12 | 2.76 | 3.89 | 3.73 | 1.86 | 3.95 | 4.78 | 4.14 | 1.64 | 1.64 | ||||||||||
PBT | 21.33 | 38.92 | 15.96 | 13.91 | 21.39 | 29.80 | 30.42 | 28.74 | 29.54 | 29.54 | ||||||||||
Taxes & Other Items | 2.98 | 9.95 | 4.38 | 4.64 | 6.59 | 9.78 | 10.17 | 10.80 | 7.41 | 7.49 | ||||||||||
Net Income | 18.35 | 28.97 | 11.58 | 9.27 | 14.80 | 20.02 | 20.25 | 17.94 | 22.13 | 22.05 | ||||||||||
EPS | 10.01 | 15.81 | 6.19 | 4.85 | 7.74 | 10.47 | 10.59 | 9.39 | 11.41 | 11.54 | ||||||||||
DPS | 2.00 | 2.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||||||
Payout ratio | 0.20 | 0.13 | 0.00 | 0.00 | 0.13 | 0.10 | 0.09 | 0.11 | 0.09 | 0.09 |
VETO Company Updates
VETO Stock Peers
What are peers and why compare against them?
What are peers and why compare against them?
A stock's peers are companies which have similar business interests, operations and belong to the same industry sector. Comparing various metrics against peers can give valuable insights on whether the company's stock is over/under-valued and the company's growth outlook vs the industry as a whole
VETO Past Performance & Peer Comparison
VETO Past Performance & Peer Comparison
IndustrialsElectrical Components & Equipments
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
VETO Switch Gears And Cables Ltd | 10.74 | 0.96 | 0.80% |
Havells India Ltd | 65.40 | 11.54 | 0.65% |
Polycab India Ltd | 44.61 | 9.10 | 0.58% |
Kaynes Technology India Ltd | 124.92 | 14.73 | — |
VETO Stock Price Comparison
Compare VETO with any stock or ETFVETO Holdings
VETO Shareholdings
What are shareholdings?
What are shareholdings?
Apart from retail investors, a company’s shares are held by promoters, foreign & domestic institutions (large investors) and mutual funds. Promoters are the ship captains and control the company’s direction. Along with institutional and mutual fund holdings, a change in their holdings can indicate performance outlook for the stock
VETO Promoter Holdings Trend
VETO Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
VETO Institutional Holdings Trend
VETO Institutional Holdings Trend
In last 3 months, retail holding in the company has decreased by 1.18%
In last 3 months, foreign institutional holding of the company has almost stayed constant
VETO Shareholding Pattern
VETO Shareholding Pattern
VETO Shareholding History
VETO Shareholding History
smallcases containing VETO stock
smallcases containing VETO stock
Looks like this stock is not in any smallcase yet.
VETO Events
VETO Events
VETO Dividend Trend
VETO has increased or maintained dividend levels over the last 5 years
Current dividend yield is 0.80%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹8.04 every year
Dividends
Corp. Actions
Announcements
Legal Orders
What are dividends?
What are dividends?
Dividends are a portion of earnings that a company distributes to all its shareholders every year. Dividend return is one of the most important things to be considered while investing for long term. It’s the additional return on top of what investors earn through price appreciation
VETO Dividend Trend
VETO has increased or maintained dividend levels over the last 5 years
Current dividend yield is 0.80%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹8.04 every year
VETO Upcoming Dividends
VETO Upcoming Dividends
No upcoming dividends are available
VETO Past Dividends
VETO Past Dividends
Cash Dividend
Ex DateEx DateSep 20, 2024
Dividend/Share
₹1.00
Ex DateEx Date
Sep 20, 2024
Cash Dividend
Ex DateEx DateSep 21, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Sep 21, 2023
Cash Dividend
Ex DateEx DateSep 20, 2022
Dividend/Share
₹1.00
Ex DateEx Date
Sep 20, 2022
Cash Dividend
Ex DateEx DateSep 21, 2021
Dividend/Share
₹1.00
Ex DateEx Date
Sep 21, 2021
Cash Dividend
Ex DateEx DateSep 25, 2018
Dividend/Share
₹2.00
Ex DateEx Date
Sep 25, 2018
VETO Stock News & Opinions
VETO Stock News & Opinions
IFB Agro Industries Ltd, Welspun Investments & Commercials Ltd, Hindustan Motors Ltd and Federal-Mogul Goetze (India) Ltd are among the other gainers in the BSE's 'B' group today, 29 May 2025.Veto Switchgears & Cables Ltd surged 20.00% to Rs 131.1 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 54131 shares were traded on the counter so far as against the average daily volumes of 6528 shares in the past one month. IFB Agro Industries Ltd soared 17.49% to Rs 697. The stock was the second biggest gainer in 'B' group. On the BSE, 16734 shares were traded on the counter so far as against the average daily volumes of 821 shares in the past one month. Welspun Investments & Commercials Ltd spiked 16.98% to Rs 985. The stock was the third biggest gainer in 'B' group. On the BSE, 696 shares were traded on the counter so far as against the average daily volumes of 81 shares in the past one month. Hindustan Motors Ltd gained 16.21% to Rs 34.7. The stock was the fourth biggest gainer in 'B' group. On the BSE, 30.53 lakh shares were traded on the counter so far as against the average daily volumes of 4.53 lakh shares in the past one month. Federal-Mogul Goetze (India) Ltd advanced 14.09% to Rs 433.55. The stock was the fifth biggest gainer in 'B' group. On the BSE, 70679 shares were traded on the counter so far as against the average daily volumes of 2564 shares in the past one month. Powered by Capital Market - Live
Veto Switchgears & Cables announced that the Board of Directors of the Company at its meeting held on 28 May 2025, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Net profit of Veto Switchgears & Cables rose 255.66% to Rs 7.54 crore in the quarter ended March 2025 as against Rs 2.12 crore during the previous quarter ended March 2024. Sales rose 12.26% to Rs 89.18 crore in the quarter ended March 2025 as against Rs 79.44 crore during the previous quarter ended March 2024. For the full year,net profit rose 23.29% to Rs 22.13 crore in the year ended March 2025 as against Rs 17.95 crore during the previous year ended March 2024. Sales rose 0.10% to Rs 300.38 crore in the year ended March 2025 as against Rs 300.09 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales89.1879.44 12 300.38300.09 0 OPM %12.165.45 -10.5510.29 - PBDT10.657.18 48 32.6031.48 4 PBT9.816.71 46 29.5428.75 3 NP7.542.12 256 22.1317.95 23 Powered by Capital Market - Live
Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on 28 May 2025.Powered by Capital Market - Live
Net profit of Veto Switchgears & Cables declined 21.76% to Rs 3.74 crore in the quarter ended December 2024 as against Rs 4.78 crore during the previous quarter ended December 2023. Sales declined 7.73% to Rs 75.71 crore in the quarter ended December 2024 as against Rs 82.05 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales75.7182.05 -8 OPM %6.8710.63 - PBDT6.148.24 -25 PBT5.227.45 -30 NP3.744.78 -22 Powered by Capital Market - Live
Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live
Net profit of Veto Switchgears & Cables declined 1.17% to Rs 5.91 crore in the quarter ended September 2024 as against Rs 5.98 crore during the previous quarter ended September 2023. Sales rose 3.69% to Rs 74.28 crore in the quarter ended September 2024 as against Rs 71.64 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales74.2871.64 4 OPM %11.5213.97 - PBDT8.678.78 -1 PBT8.018.08 -1 NP5.915.98 -1 Powered by Capital Market - Live
Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live
Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live
Gayatri Projects Ltd leads losers in ‘B’ group

Over the last 5 years, revenue has grown at a yearly rate of 6.87%, vs industry avg of 9.59%
Over the last 5 years, market share decreased from 0.41% to 0.34%
Over the last 5 years, net income has grown at a yearly rate of 9.15%, vs industry avg of -2.21%