What is Veto Switchgears & Cables Ltd's PE ratio?

Veto Switchgears & Cables Ltd trades at a P/E ratio of 9.72.

What is Veto Switchgears & Cables Ltd's market cap?

Veto Switchgears & Cables Ltd's market capitalisation is ₹266 Cr.

When did Veto Switchgears & Cables Ltd last report results?

Veto Switchgears & Cables Ltd last reported Q1FY27 results on 13 Aug '26.

What is Veto Switchgears & Cables Ltd's ROE?

Veto Switchgears & Cables Ltd's return on equity (ROE) is 9.0%.

What sector is Veto Switchgears & Cables Ltd in?

Veto Switchgears & Cables Ltd (VETO) is classified in the Consumer Discretionary sector (Consumer Electronics).

Consumer Discretionary · Consumer Electronics

Veto Switchgears & Cables Ltd (VETO)

₹142.72

Mkt cap

₹266 Cr

P/E ratio

9.72

P/B

0.94

Div yield

0.72%

ROE

9.04%

ROCE

11.70%

EPS (TTM)

₹14.68

Book value

₹152

52W range

82–156

Sector

Consumer Discretionary

Price history

Previous close

Incorporated in 2007, Veto Switchgears & Cables Ltd manufactures wires & cables, electrical accessories & also deals in LED lighting, CFL & Fans [1]

NSE VETOBSE 539331

Health check

Constructive

ValuationCheap

ProfitabilityAverage

GrowthModerate

TechnicalsBullish

52-week range

−8.45% from high

₹143

₹82+73.37% from low₹156

Current

₹142.72

Prev close

₹146.25

Day

−2.41%

Price performance

−3.93%

−3.48%

+11.99%

+12.04%

+55.87%

+15.92%

YTD

+24.78%

Financials

Revenue, profit & margin

P/E ratio

9.7×

VETO is 74% below the sector median of 37.2×

VETO9.7×

Sector median37.2×

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	66.96	71.64	82.05	79.44	61.21	74.28	75.71	89.18	64.87	88.77	94.22	138.86	89.36
Expenses	59.13	61.63	73.33	75.12	54.11	65.72	70.52	78.34	58.57	80.40	84.41	125.60	79.92
Operating Profit	7.83	10.01	8.72	4.32	7.10	8.56	5.19	10.84	6.30	8.37	9.81	13.26	9.44
OPM %	11.69%	13.97%	10.63%	5.44%	11.60%	11.52%	6.86%	12.16%	9.71%	9.43%	10.41%	9.55%	10.56%
Other Income	0.41	0.34	0.39	3.59	0.42	0.15	1.45	0.52	0.35	0.85	0.55	0.19	0.53
Interest	0.97	1.57	0.87	0.73	0.39	0.04	0.50	0.71	0.63	0.37	0.47	0.51	0.74
Depreciation	0.76	0.70	0.79	0.48	0.63	0.66	0.93	0.84	1.09	1.02	1.13	1.09	1.01
Profit before tax	6.51	8.08	7.45	6.70	6.50	8.01	5.21	9.81	4.93	7.83	8.76	11.85	8.22
Tax %	24.88%	25.12%	34.36%	66.87%	24.92%	25.47%	30.33%	25.18%	30.22%	22.48%	28.42%	25.74%	28.83%
Net Profit	4.90	6.05	4.89	2.23	4.88	5.97	3.63	7.34	3.43	6.08	6.27	8.80	5.85
EPS in Rs	2.54	3.13	2.50	1.11	2.54	3.09	1.96	3.94	1.93	3.18	3.45	4.59	3.10
Raw PDF

Earnings

Results dates & reactions

No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move +1.10% · closed higher next day 1 of last 2

	Q4FY25†	Q1FY27
Broadcast	7 Aug '26◦	13 Aug '26
Earnings day	−0.84%	+3.05%
+1 day	−0.43%	+2.84%
+5 days	−1.63%	+3.74%
+15 days	+2.67%	+6.23%
+30 days	+13.76%	+24.79%
Filing	XBRL	XBRL

Corporate actions

Last 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Results analysis

VETO margin falls to 10.57% as profit conversion weakens

Shareholding

as of Jun 2026

45.06%Promoter

Promoters45.06%

FIIs0.41%0.40

Public54.53%0.41

Ownership trend

Peers

8 companies

Valuation vs quality

P/E × ROCE · bubble = market cap

Name	CMP	P/E	Mkt Cap	Div Yld	NP Qtr	Qtr Profit Var	Sales Qtr	Qtr Sales Var	ROCE
Dixon Technolog.	₹13,005.00	42.38	79,552	0.08%	718	+194.89%	15,548	+21.13%	29.21%
Havells India	₹1,132.40	42.65	71,065	0.88%	290	−16.49%	6,518	+19.48%	24.90%
PG Electroplast	₹529.15	73.73	15,174	0.05%	76	+13.80%	2,034	+35.25%	10.32%
IKIO Tech	₹210.25	34.94	1,625	0.00%	11	+408.96%	169	+40.91%	9.49%
Onida Electronics	₹32.89	—	1,215	0.00%	−14	−13.53%	182	+29.51%	−17.01%
Cellecor Gadgets	₹30.00	16.84	667	0.00%	20	+23.34%	650	+8.35%	22.64%
CWD	₹287.25	57.70	654	0.00%	6	+56.12%	106	+293.56%	18.25%
Veto Switchgears	₹139.15	9.72	266	0.72%	6	+60.43%	89	+37.75%	11.74%
Median: 17 Co.	₹208.00	37.19	454	0.00%	6	+56.12%	73	+32.38%	11.74%

Filings

Annual reports14

Annual Report 2026 Annual Report 2025 Annual Report 2024 Annual Report 2023 Annual Report 2022 Annual Report 2021 Annual Report 2020 Annual Report 2019 Annual Report 2018 Annual Report 2017 Annual Report 2016 Annual Report 2015 Annual Report 2014 Annual Report 2013

Concall transcripts1

PPTFeb 2021

Credit ratings6

Rating update 31 Dec 2025icra Rating update 11 Sep 2024icra Rating update 30 Jun 2023icra Rating update 28 Mar 2022icra Rating update 17 Dec 2020icra Rating update 4 Nov 2019icra

Announcements5

Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Sep - As per Regulation 47 of the SEBI (LODR) Regulations, 2015 read with the applicable circulars and notifications issued thereunder, we hereby enclose the Newspaper Clippings …Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Sep - As per Regulation 47 of the SEBI(LODR) Regulation, 2015 read with corresponding circulars and notifications issued thereunder, we are enclosing herewith the Newspaper Clippings from …Intimation Regarding E-Voting Facility For 19Th AGM 4 Sep - E-voting for 19th AGM on 28 Sept 2026; voting opens 25 Sept, closes 27 Sept, seven resolutions.Intimation Of Record Date 4 Sep Intimation Of Book Closure 4 Sep