Veto Switchgears & Cables Ltd

VETO
NSE· Consumer Durables
131.74
-6.93 (-5.00%)
Updated 01:42 pm IST
52W Low · ₹87.7952W High · ₹149.58
Near 52W High
Market Cap
₹274.85L Cr
Volume
1.05L
Prev Close
₹131.40
ISIN
INE918N01018

Orion Score

Fundamentals-based quality & risk · not a recommendation

62/100
Watch

Veto Switchgears & Cables Ltd scores 62/100 (Watch) on the Orion Score — moderate business quality (54), moderate growth (59), strong balance-sheet safety (77) and cheap valuation (73). A fundamentals-based quality & risk score, not a buy/sell recommendation.

Quality
54
Growth
59
Safety
77
Value
73

Full Orion analysis

Risk checks

  • Profit converts to cash (CFO 0.5× PAT)
  • Low debt, comfortable interest cover
  • No distress, manipulation or dilution flags

Forensic accounting

Piotroski F 5/9Altman Z Safe(10.21)Beneish M Clean(-2.33)

Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check

Technical / Momentum

Price Trend

74/100

Strong

Technical momentum companion — separate from the fundamentals-based Orion Score.

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VestAI Stock Score

VALUATION
Low Debt
D/E 0.07x — lean balance sheet
QUALITY
Low Quality
ROCE -0.7% — poor capital efficiency
MOMENTUM
Neutral
RSI 52.5 — consolidating

Price Chart

SMA 20
SMA 50
SMA 200

Key Fundamentals

Q3 FY2026

P/E Ratio
10.94
ROCE
-0.66%
ROE (1Y)
8.82%
D/E Ratio
0.07x
OPM
9.22%
TTM EPS
₹13.14
Dividend Yield
70.00%
Qtrly Sales
₹94.22 Cr
Qtrly Profit
₹6.59 Cr

Technical Signals

Quarterly Results

Revenue & Profit in ₹ Crores

Revenue Net Profit
QuarterRevenueNet ProfitOPMEPS
Q3 2026₹94.22₹6.599.2%₹3.45
Q2 2026₹88.77₹6.078.3%₹3.18
Q1 2026₹64.87₹3.698.0%₹1.80
Q4 2025₹89.15₹7.54-22.9%
Q3 2025₹75.71₹3.745.6%₹1.96

Annual P&L

Revenue & Profit in ₹ Crores (Yearly)

Revenue Net Profit
YearRevenueNet ProfitEBITDAOPM
FY 2025₹300.35₹22.13₹34.12-0.6%
FY 2024₹300.09₹17.95₹35.080.4%
FY 2023₹290.07₹20.25₹37.710.3%
FY 2022₹266.93₹20.02₹36.6311.5%

Peer Comparison — Consumer Durables

Top companies in the same sector by market cap

CompanyMkt CapP/EROCEROED/EOPM
VETO₹275 Cr10.94-0.66%8.82%0.07x9.22%
ASIANPAINT₹2,56,706 Cr59.1822.08%20.89%0.18x16.00%
BLUESTARCO₹34,169 Cr64.6920.26%16.22%0.24x6.83%
AMBER₹27,435 Cr155.087.81%5.58%0.47x6.24%
THANGAMAYL₹16,635 Cr47.3934.86%27.93%0.64x7.14%
AKZOINDIA₹13,555 Cr6.9337.10%32.30%0.03x12.97%

Balance Sheet

All values in ₹ Crores

MetricFY 2025FY 2024FY 2023FY 2022
Total Assets₹332.23₹306.19₹321.27₹308.62
Equity₹266.45₹246.25₹232.88₹212.63
Total Debt₹22.95₹22.56₹43.39₹46.93
Cash₹1.05₹7.54₹15.18₹9.45
Net Debt₹18.25₹1.84₹26.98₹35.65
Working Capital₹200.53₹197.56₹197.68₹174.04

Shareholding Pattern

Q1 FY2027

Promoter
47.56%
FII
0%
DII
0%
Public
52.44%

Quarter-over-Quarter Trend

QuarterPromoterFIIDIIPublic
Q1 FY202747.56% ↑0% ↓0%52.44% ↓
Q3 FY202645.06%0.01% ↑54.93% ↓
Q2 FY202645.06%0% ↓54.95% ↑
Q1 FY202645.06%0.53% ↑54.42% ↓
Q4 FY202545.06%0.42% ↑54.53% ↓
Q3 FY202545.06%0.01% ↓54.94% ↑
Q2 FY202545.06%0.09% ↑54.86% ↓
Q1 FY202545.06%0%54.94%

Corporate Actions

No recent corporate actions

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About Veto Switchgears & Cables Ltd (VETO) Stock

Veto Switchgears & Cables Ltd is listed on the NSE under the Consumer Durables sector, Consumer Electronics industry. ISIN: INE918N01018. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.