Veto Switchgears & Cables Ltd (VETO)
₹142.98▲1.43%
Performance
Day's Low
Day's High
₹140.01₹144.9952 Week's Low
52 Week's High
₹105₹157
| Returns % | |
| 1 Month Return | + 4.05 % |
| 3 Month Return | + 2.82 % |
| 1 Year Return | + 31.37 % |
| Market Stats | |
| Previous Close | ₹140.96 |
| Open | ₹140.96 |
| Volume | 1.63L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹269.44Cr |
Key Statistics
| P/E Ratio | 14.92 |
| PEG Ratio | -11.93 |
| Market Cap | ₹269.44 Cr |
| P/B Ratio | 0.69 |
| EPS | 6.05 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹269.44 Cr | 19.62% | 0.57 | ₹20 Cr | ₹291 Cr |
 | NA | ₹1,212.24 Cr | 1084.04% | 0.82 | NA | NA |
 | NA | ₹2,959.17 Cr | 695.51% | 0.74 | ₹8 Cr | ₹253 Cr |
 | NA | ₹274.16 Cr | 461.22% | 0.56 | NA | NA |
 | NA | ₹1,524.03 Cr | 132.02% | 0.70 | ₹39 Cr | ₹1,037 Cr |
Company Information
Share Price: ₹142.98 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹269.44Cr as of today
Revenue: ₹79.44Cr as on March 2024 (Q1 24)
Net Profit: ₹2.23Cr as on March 2024 (Q1 24)
Listing date: 13 Dec, 2012
| Organisation | Veto Switchgears & Cables Ltd |
| Headquarters | Jaipur |
| Industry | Capital Goods - Electrical Equipment |
| E-voting on shares | Click here to vote |
Key events for Veto Switchgears & Cables Ltd
Veto Switchgears & Cables Ltd ROCE Moderately Low - 05 Jun, 2024
Veto Switchgears & Cables Ltd's ROCE is 13%, which is moderate compared to the industry average. However, the company has reinvested capital at good rates of return and returned 68% to shareholders over five years.
Insights on Veto Switchgears & Cables Ltd
POSITIVE IMPACTPromoter Holding Up
Promoters have increased holdings from 45.06% to 50.08% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, VETO stock has moved up by 8.2%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 4 quarters, 67.38 Cr → 83.03 Cr (in ₹), with an average increase of 6.6% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Voltas Ltd has given 93.8% return, outperforming this stock by 62.4%
- NO EFFECT
Against Peers
In the last 3 years, KEI Industries Ltd has given 483.5% return, outperforming this stock by 475.3%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 0.01% to 0.00% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 5.98 Cr → 2.12 Cr (in ₹), with an average decrease of 37.9% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 54.93% to 49.92% in Jun 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹79.44Cr | ↓3.18% |
Net Income | ₹2.23Cr | ↓54.40% |
Net Profit Margin | 2.81% | ↓52.85% |
| 2023 | Y/Y Change | |
|---|---|---|
Revenue | ₹291.11Cr | ↑8.93% |
Net Income | ₹20.45Cr | ↑1.29% |
Net Profit Margin | 7.02% | ↓7.14% |
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹262.03Cr | ↑4.54% |
Total Liabilities | ₹51.44Cr | ↓15.73% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹5.09Cr | ↑263.57% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 50.08% | 11.15 | |
| Foreign Institutions | 0% | ||
| Mutual Funds | 0% | 0.00 | |
| Retail Investors | 49.92% | ||
| Others | 0% |
Key Indicators
Veto Switchgears & Cables Ltd Valuation
Veto Switchgears & Cables Ltd in the last 5 years
Lowest (5.05x)
November 16, 2018
Today (14.92x)
July 23, 2024
Industry (157.56x)
July 23, 2024
Highest (24.50x)
March 8, 2021
Earnings and Dividends
Veto Switchgears & Cables Ltd Earnings Results
Veto Switchgears & Cables Ltd’s net profit jumped 6% since last year same period to ₹2.12Cr in the Q4 2023-2024. On a quarterly growth basis, Veto Switchgears & Cables Ltd has generated -55.65% fall in its net profits since last 3-months.
Read More about Earnings ResultsVeto Switchgears & Cables Ltd Dividends May,2023
In the quarter ending March 2023, Veto Switchgears & Cables Ltd has declared dividend of ₹1 - translating a dividend yield of 0.71%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Veto Switchgears & Cables Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
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- Place an order to buy Veto Switchgears & Cables Ltd shares.
Veto Switchgears & Cables Ltd (VETO) share price today is ₹142.98
Veto Switchgears & Cables Ltd is listed on NSE
Veto Switchgears & Cables Ltd is listed on BSE
- Today’s highest price of Veto Switchgears & Cables Ltd is ₹144.99.
- Today’s lowest price of Veto Switchgears & Cables Ltd is ₹140.01.
PE Ratio of Veto Switchgears & Cables Ltd is 14.92
PE ratio = Veto Switchgears & Cables Ltd Market price per share / Veto Switchgears & Cables Ltd Earnings per share
Today’s traded volume of Veto Switchgears & Cables Ltd(VETO) is 1.63L.
Today’s market capitalisation of Veto Switchgears & Cables Ltd(VETO) is ₹269.44Cr.
| Veto Switchgears & Cables Ltd(VETO | Price |
|---|---|
52 Week High | ₹157 |
52 Week Low | ₹105 |
Veto Switchgears & Cables Ltd(VETO) share price is ₹142.98. It is down -8.93% from its 52 Week High price of ₹157
Veto Switchgears & Cables Ltd(VETO) share price is ₹142.98. It is up 36.17% from its 52 Week Low price of ₹105
| Veto Switchgears & Cables Ltd(VETO | Returns |
|---|---|
1 Day Returns | 2.02% |
1 Month Returns | 4.05% |
3 Month Returns | 2.82% |
1 Year Returns | 31.37% |