NSE · VETO · Capital Goods - Electrical Equipment
Veto Switchgears & Cables Ltd.
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹75 Cr with net profit ₹8 Cr — a 10.7% net margin, versus 9.12% the period before.
Shareholding
As of 2026-06-30
- Promoter45.06%
- Public54.53%
- FII0.41%
23,721 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 1.87× from low to high.
Risk flags
Derived from disclosed data
- Under exchange surveillance — ESM · ESM 1. Trading may carry price bands, periodic call auction or higher margins.
Peer comparison
Electric Equipment · ranked #61 of 100 by market cap · medians across 50 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| ABB India Limited | ₹1,54,916 Cr | 86.84 | 19.78 | 21.29% | 22.98% |
| Bharat Heavy Electricals Ltd. | ₹1,41,076 Cr | 109.2 | 5.4 | 6.12% | 6.76% |
| CG Power & Industrial Solutions Ltd. | ₹1,30,647 Cr | 357.54 | 16.38 | 15.13% | 9.75% |
| Siemens Ltd. | ₹1,30,012 Cr | 351.04 | 9.39 | 17.15% | 8.79% |
| GE Vernova T&D India Ltd. | ₹1,04,992 Cr | 298.52 | 39.03 | 45.84% | 19.87% |
| Waaree Energies Limited | ₹78,707 Cr | 19.99 | 5.45 | 25.71% | 13.99% |
| Havells India Ltd. | ₹77,648 Cr | 107.55 | 8.21 | 17.88% | 6.92% |
| Suzlon Energy Limited | ₹64,691 Cr | 20.54 | 6.85 | 33.43% | 18.97% |
| Apar Industries Ltd. | ₹55,594 Cr | 219.29 | 10.31 | 18.11% | 4.86% |
| Thermax Ltd. | ₹52,167 Cr | 94.29 | 9.4 | 12.98% | 6.74% |
| Veto Switchgears & Cables Ltd.(this company) | ₹231 Cr | 9.19 | 0.8 | 8.67% | 6.5% |
AI analysis
AI-generated · google/gemini-2.5-flashVeto Switchgears & Cables Ltd. (VETO) is listed on the Indian markets with a market capitalization of Rs 249 Cr. The company reported a revenue of Rs 302.93 Cr and an EPS of Rs 11.26. Its debt-to-equity ratio is 0.06.
Positives
- +The company has a low debt-to-equity ratio of 0.06, indicating sound financial leverage.
- +Promoter pledging is 0%, suggesting no shares are pledged by the promoters.
Negatives
- −No quarterly results have been disclosed since March 2026.
- −The company is under ESM 1 surveillance, which may indicate elevated risk factors.
Financial Performance
For the year ending March 2025, Veto Switchgears & Cables Ltd. recorded a revenue of Rs 302.9275 Cr and a net profit of Rs 22.1321 Cr. The earnings per share (EPS) for this period was Rs 11.42. In the quarter ending March 2026, the company's revenue was Rs 138.86 Cr, with a net profit of Rs 8.78 Cr.
Profitability & Returns
The company's Return on Equity (ROE) stands at 8.6%, while the Return on Capital Employed (ROCE) is 11.2575%. The EPS for the latest reported period is Rs 11.26.
Balance Sheet
Veto Switchgears & Cables Ltd. maintains a book value of Rs 135.39. The company's debt-to-equity ratio is 0.06, indicating a low level of debt relative to its equity.
Ownership & Pledges
There are no reported promoter pledges.
Regulatory & Surveillance
Veto Switchgears & Cables Ltd. is currently under ESM (Enhanced Surveillance Measure) Stage 1, indicating increased scrutiny due to specific criteria met by SEBI and exchanges.
Data as of — price: 2026-07-30 · financials: Mar 26 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.
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