Veto Switchgears & Cables Ltd. stock analysis
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Veto Switchgears & Cables Ltd. (VETO) Stock Price & Analysis
VETO Stock Chart & Stats
- Day’s Range
- INR 130.65 - INR 141.25
- 52-Week Range
- INR 83.00 - INR 158.20
- Previous Close
- INR 140.90
- Volume
- N/A
- Average Volume (3M)
- 3,055
- Market Cap
- INR 2.69B
- Enterprise Value
- INR 2.89B
- Total Cash (Recent Filing)
- INR 23.32M
- Total Debt (Recent Filing)
- INR 0
- Price to Earnings (P/E)
- 8.9
- Beta
- 0.88
- Next Earnings
- Feb 16, 2027 (Est.)
- EPS Estimate
- N/A
- Last Dividend Ex-Date
- Sep 21, 2026
- Dividend Yield
- 0.73%
Bulls Say, Bears Say
Bulls Say
Strong Revenue And EPS Growth
Strong revenue and EPS growth indicate expanding business activity and improving earnings power. If sustained, this combination can support reinvestment, strengthen the company’s competitive position, and provide a durable foundation for profit growth over the next several quarters.
Conservative Leverage
Very low leverage reduces interest burden and financial risk, giving Veto greater flexibility during weaker trading conditions. The conservative capital structure also leaves more capacity to fund expansion, maintain operations, or absorb volatility without relying heavily on external financing.
Growing Equity Base
Steady equity growth strengthens the balance-sheet base supporting the business and reduces dependence on debt-funded expansion. A larger capital cushion can improve resilience, support asset growth, and provide greater flexibility for investment and shareholder-oriented capital allocation.
Bears Say
Weak Cash Conversion
Weak and volatile operating cash flow means reported earnings are not consistently translating into cash available for reinvestment, debt service, or distributions. Continued working-capital swings or reinvestment needs could constrain flexibility even while accounting profits remain positive.
Margin Compression
Margin compression can reduce the benefit of strong sales growth by limiting how much additional revenue converts into operating profit. If pricing, mix, or cost pressures persist, earnings growth may remain less durable and the company may have less room to absorb future cost increases.
Volatile Operating Profitability
Volatile operating profit indicates that profitability has not yet developed a consistently stable pattern across periods. This makes future earnings less predictable, can complicate planning and capital allocation, and may limit the reliability of growth as a durable source of shareholder returns.
Veto Switchgears & Cables Ltd. News
VETO FAQ
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Company Description
Veto Switchgears & Cables Ltd.
Veto Switchgears and Cables Limited, operating with its subsidiaries, manufactures and sells a diverse range of wires, cables, and electrical accessories to both Indian and international markets. The company organizes its business into three primary segments: Wires and Cables, Lighting & Fittings, and Accessories & Others. Their extensive portfolio includes a variety of electrical accessories such as modular switches (marketed under names like vyoma, carino, and power), PUF and ZAC switches, Miniature Circuit Breakers (MCBs), isolators, distribution boxes, bells, and extension cords. In the wires and cables division, they provide multi-strand, low-tension industrial, and flexible copper cables, alongside specialized telephone and co-axial wires. The lighting segment offers a broad selection of products, encompassing LED panels, streetlights, floodlights, concealed lights, deep lights, bulbs, tubelights, surface and spot lights, wall and track lights, strip lights, and lighting chains. Compact fluorescent lamps and slim panel lights are also part of their lighting solutions. Additionally, Veto produces ceiling, ventilation, and fresh air fans, submersible pumps, and immersion heaters. The company markets its offerings through an established network of dealers and distributors, utilizing the VETO and VIMAL POWER brand names. Established in 1967, Veto Switchgears and Cables Limited is based in Jaipur, India.
- Sector
- General
- Industry
- Electrical Equipment & Parts
- CEO
- Akshay Kumar Gurnani
- Employees
- 351
- Website
- www.vetoswitchgears.com
- Address
- Plot No. 10, Days Hotel, Jaipur, RA, 302018, IN
Veto Switchgears & Cables Ltd. (VETO) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 14 | 4 | 4 |
| Technical Analysis | 2 | 4 | 4 |
| Moving Averages | 12 | 0 | 0 |
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