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Veto Switchgears and Cables Ltd

Thu 13/03/2025,15:45:4 | NSE : VETO

₹ 98.500.08 (0.08%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 100.01

Previous Close

₹ 98.42

Volume

57484

Mkt Cap ( Rs. Cr)

₹188.28

High

₹ 101.23

Low

₹ 96.71

52 Week High

₹ 196.00

52 Week Low

₹ 92.60

Book Value Per Share

₹ 134.49

Dividend Yield

1.02

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Veto Switchgears and Cables Ltd

Your Vote -

Buy

63.04%

Hold

23.91%

Sell

13.04%

63.04%

46 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

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Option Chain

Analyzes market sentiment, predicts Veto Switchgears and Cables Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Veto Switchgears & C - Integrated Filing (Financial)

    7 Mar 2025, 5:21PM Pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024, read with BSE Circular No. 20250102-4 and NSE Circular No.
  • Veto Switchgears & C - Integrated Filing- Governance

    7 Mar 2025, 5:03PM Compliance Report on Integrated Corporate Governance
  • Veto Switchgears & C - Integrated Filing- Financial

    7 Mar 2025, 5:00PM Integrated Filing (Financial) for the quarter and nine months ended 31st December, 2024.
  • Veto Switchgears & C - Copy of Newspaper Publication

    14 Feb 2025, 4:20PM Veto Switchgears And Cables Limited has informed the Exchange about Copy of Newspaper Publication
  • Veto Switchgears & C Q3 net profit down 8.57% at Rs 3.84 cr

    13 Feb 2025, 9:10PM The company reported standalone net profit of Rs 3.84 crore for the quarter ended December 31, 2024 as compared to Rs 4.20 crore in the same period la
  • Veto Switchgears & C - Financial Result Updates

    13 Feb 2025, 6:54PM Veto Switchgears And Cables Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Veto Switchgears & C - Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended 31St December. 2024.

    13 Feb 2025, 6:51PM Pursuant to the provisions of Regulation 30 and Regulation 33 of SEBI (LODR) Regulations, 2015, read with corresponding circulars and notifications is
  • Veto Switchgears & C - Board Meeting Intimation

    6 Feb 2025, 5:20PM VETO SWITCHGEARS AND CABLES LIMITED has informed the Exchange about Board Meeting to be held on 13-Feb-2025 to inter-alia consider and approve the Una
  • Veto Switchgears & C - Board Meeting Intimation for Board Meeting Intimation For Unaudited Financial Results For The\r\nQuart

    6 Feb 2025, 5:12PM Veto Switchgears And Cables Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2025 ,inter alia, to c
  • Veto Switchgears & C has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    21 Jan 2025, 5:20PM As of December 2024, 45.06% is owned by Promoters and 54.94% by Public. <p align=justify> Among Promoters holding, Indian Promoters holds 41.22% and F
  • Veto Switchgears & C - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    15 Jan 2025, 12:45PM Veto Switchgears And Cables Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Veto Switchgears & C - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    15 Jan 2025, 12:58PM Please find enclosed herewith the certificate received from M/s Bigshare Services Private Limited, Registrar and Share Transfer Agent (RTA) as per Reg
  • Veto Switchgears & C - Trading Window-XBRL

    30 Dec 2024, 4:57PM VETO Switchgears and Cables Limited has informed the Exchange about Closure of Trading Window
  • Veto Switchgears & C - Trading Window

    30 Dec 2024, 4:53PM Veto Switchgears And Cables Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) R

Key fundamentals

Evaluate the intrinsic value of Veto Switchgears and Cables Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 251.8265 237.8597 226.631 202.719 176.4697
Liabilities 251.8265 237.8597 226.631 202.719 176.4697
Equity 19.115 19.115 19.115 19.1149 19.1149
Gross Profit 24.345 24.3335 26.2602 23.176 15.5241
Net Profit 30.478 22.8479 22.6202 16.1194 11.0556
Cash From Operating Activities 4.7927 5.0897 0.9436 3.4766 31.8571
NPM(%) 14.54 11.65 13.02 10.55 9.15
Revenue 209.5545 196.0647 173.6584 152.6562 120.6973
Expenses 185.2095 171.7312 147.3982 129.4802 105.1731
ROE(%) 11.85 8.88 8.79 6.27 4.3

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
20 Sep 2024 1 10 1.02 126.5
20 Sep 2022 1 10 1.02 90.2
21 Sep 2021 1 10 1.02 129.9
25 Sep 2018 2 20 1.02 210.35
25 Sep 2017 1 10 1.02 167.8
22 Feb 2017 1 10 1.02 134.75
22 Sep 2016 1.5 15 1.02 115.65
28 Jan 2016 0.5 5 1.02 107.85

Peers

Other companies within the same industry or sector that are comparable to Veto Switchgears and Cables Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Paramount Communications Ltd 51.00 -4.19 15.94 2968.50 140.36 0.00
CMI Ltd 4.18 0.00 0.00 156.83 -51.95 0.00
V-Marc India Ltd 250.60 4.99 18.70 222.91 109.96 0.00
Birla Cable Ltd 130.54 -5.38 78.17 293.49 73.81 1.34

Company Info

Our Company was originally incorporated as a partnership firm on June 26, 2003 under the name and style "Veto Industries". On April 1, 2007 the name of the firm was changed to "Veto Switchgears and Cables". Subsequently, on June 20, 2007, the partnership firm was converted in to the private limited company under the name and style "Veto Switchgears and Cables Private Limited" under part IX of the Companies Act, 1956. The name of our Company was further changed to the present name, pursuant to which a fresh certificate of incorporation dated August 3, 2012 was issued by Registrar of Companies, Maharashtra, Mumbai. We are part of Jaipur, Rajasthan based Gurnani Group which has interests in wires & cables, electrical accessories, real estate and hotels. Our Company is promoted by M/s Veto Electropowers (India) Private Limited, which is a subsidiary of Gurnani Holding Private Limited, which in turn is owned by Mr. Vishnu Kumar Gurnani, Mr. Mohan Das Gurnani and Mr. Narayan Das Gurnani. We are an ISO 9001:2008 certified company, engaged in the manufacture and sale of wires & cables and electrical accessories in India. Our product portfolio ranges from industrial cables, stand cables to telephone & co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps and other electrical accessories. Our products are manufactured at our state-of-art manufacturing unit located in Hardwar, Uttarakhand. Major events in the history of our Company June 2003 : Incorporated as a partnership firm in the name of M/s Veto Industries under the provisions of the Partnership Act, 1932 with Mr. Kishore Kumar Gurnani and Mr. Narayan Das Gurnani acting as Partners. May 2007 : Commencement of production in Hardwar, Uttarakhand. June 2007: The existing partnership firm was converted into a Company as " Veto Switchgears and Cables Private Limited" under Part IX of the Companies Act, 1956. Sept 2007 : Obtained its first ISO 9001:2000 certification. March 2009: Attained a dealer network of over 1,000 dealers. July 2010 : Upgraded to ISO 9001:2008 from ISO 9001:2000 certification. January 2011: Launched range of new products in electrical accessories viz., CFL, Fans etc. March 2011: Attained a turnover of over `5,000 Lacs for the first time. March 2011: Paid-up capital crossed `500 Lacs. Dec 2011: Awarded the performance and credit rating certificate from NSIC-CRISIL. August 2012 : Converted from "Private Limited Company" to "Public Limited Company" 2013 -"National Economic Growth Through Individual Contribution". -Veto Switchgears & cables has announces bonus in the Ratio of 1:10 2014 -Corporate Social Responsibility Policy. 2015 -Veto Switchgears and Cables Ltd is listed to dealings on the Exchange in the list of 'D' Group Securities. -Veto Switchgears and Cables Ltd Incorporated newly wholly owned Subsidiary Company in Dubai, U.A.E with a name Veto Overseas Private-F.Z.E. 2016 -The Company has Received the Order of Rs. 36 Crores form the Dealer". -The Company has Received the Cables bags addl order worth Rs 40 cr.

Our Company was originally incorporated as a partnership firm on June 26, 2003 under the name and style "Veto Industries". On April 1, 2007 the name of the firm was changed to "Veto Switchgears and Cables". Subsequently, on June 20, 2007, the partnership firm was converted in to the private limited company under the name and style "Veto Switchgears and Cables Private Limited" under part IX of the Companies Act, 1956. The name of our Company was further changed to the present name, pursuant to which a fresh certificate of incorporation dated August 3, 2012 was issued by Registrar of Companies, Maharashtra, Mumbai. We are part of Jaipur, Rajasthan based Gurnani Group which has interests in wires & cables, electrical accessories, real estate and hotels. Our Company is promoted by M/s Veto Electropowers (India) Private Limited, which is a subsidiary of Gurnani Holding Private Limited, which in turn is owned by Mr. Vishnu Kumar Gurnani, Mr. Mohan Das Gurnani and Mr. Narayan Das Gurnani. We are an ISO 9001:2008 certified company, engaged in the manufacture and sale of wires & cables and electrical accessories in India. Our product portfolio ranges from industrial cables, stand cables to telephone & co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps and other electrical accessories. Our products are manufactured at our state-of-art manufacturing unit located in Hardwar, Uttarakhand. Major events in the history of our Company June 2003 : Incorporated as a partnership firm in the name of M/s Veto Industries under the provisions of the Partnership Act, 1932 with Mr. Kishore Kumar Gurnani and Mr. Narayan Das Gurnani acting as Partners. May 2007 : Commencement of production in Hardwar, Uttarakhand. June 2007: The existing partnership firm was converted into a Company as " Veto Switchgears and Cables Private Limited" under Part IX of the Companies Act, 1956. Sept 2007 : Obtained its first ISO 9001:2000 certification. March 2009: Attained a dealer network of over 1,000 dealers. July 2010 : Upgraded to ISO 9001:2008 from ISO 9001:2000 certification. January 2011: Launched range of new products in electrical accessories viz., CFL, Fans etc. March 2011: Attained a turnover of over `5,000 Lacs for the first time. March 2011: Paid-up capital crossed `500 Lacs. Dec 2011: Awarded the performance and credit rating certificate from NSIC-CRISIL. August 2012 : Converted from "Private Limited Company" to "Public Limited Company" 2013 -"National Economic Growth Through Individual Contribution". -Veto Switchgears & cables has announces bonus in the Ratio of 1:10 2014 -Corporate Social Responsibility Policy. 2015 -Veto Switchgears and Cables Ltd is listed to dealings on the Exchange in the list of 'D' Group Securities. -Veto Switchgears and Cables Ltd Incorporated newly wholly owned Subsidiary Company in Dubai, U.A.E with a name Veto Overseas Private-F.Z.E. 2016 -The Company has Received the Order of Rs. 36 Crores form the Dealer". -The Company has Received the Cables bags addl order worth Rs 40 cr.

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Parent Organisation

Veto Switchgears & Cables Ltd.

Founded

20/06/2007

Managing Director

Mr.Akshay Kumar Gurnani

NSE Symbol

VETOEQ

FAQ

The current price of Veto Switchgears and Cables Ltd is ₹ 98.50.

The 52-week high for Veto Switchgears and Cables Ltd is ₹ 101.23 and the 52-week low is ₹ 96.71.

The market capitalization of Veto Switchgears and Cables Ltd is currently ₹ 188.28. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Veto Switchgears and Cables Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Veto Switchgears and Cables Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Veto Switchgears and Cables Ltd shares.

The CEO of Veto Switchgears and Cables Ltd is Mr.Akshay Kumar Gurnani, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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