Veto Switchgears And Cables Limited (VETO)
ISIN: - Industry: Electrical Equipment & Parts Sector: Industrials Website
80.05
-1.55(-1.9%)

Veto Switchgears and Cables Limited, together with its subsidiaries, manufactures and sells wires and cables, and electrical accessories in India and internationally. The company operates through Wire and Cables, Lighting & Fittings, and Accessories & Others segments. It provides electrical accessories, including vyoma, carino, and power modular switches, as well as PUF and ZAC switches; and MCBs/isolators/distribution boxes, and bells and extension cords. The company also offers wires and cables, such as multi strand, L.T. industrial, and copper flexible cables; ceiling, ventilation, and fresh air fans, as well as submersible pumps; and LED panels, street lights, flood lights, concealed lights, deep lights, bulbs, and tubelights, as well as surface and spot lights, wall and track lights, and strip lights and lighting chains. In addition, it provides telephone and co-axial wires, compact fluorescent lamps, slim panel lights, immersion heaters, distribution boards, and other electrical accessories, such as switch socket, MCB, bell, and all other electrical accessories. The company markets its products under the VETO and VIMAL POWER brand names through a network of dealers and distributors. Veto Switchgears and Cables Limited was founded in 1967 and is based in Jaipur, India.

Pricing Updates

TODAY'S HIGH

82.75

TODAY'S LOW

79

52 WEEK HIGH

172

52 WEEK LOW

77

Major Holders

% of Shares Held by
All Insider

58.71%

% of Shares Held by
Institutions

1.32%

% of Float Held by
Institutions

3.20%

Number of Institutions
Holding Shares

1

Company Overview

MARKET CAP

153.01 Cr.

ETERPRISE VALUE

203.53 Cr.

NO. OF SHARES

1.91 Cr.

BOOK VALUE

108.209

DIV. YIELD

1%

DEBT

51.95 Cr.

GROSS PROFIT

74.58 Cr.

CASH

9.45 Cr.

REVENUE

267.83 Cr.

REVENUE/SHARE

140.087

OHLC Chart 1y 2y 5y 10y

Price Chart

1d 1w 1m 3m 6m 1Yr 2Yr 5Yr

Volumes Chart

1d 1w 1m 3m 6m 1Yr 2Yr 5Yr

Cashflows

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Investments00098 k
Change To Liabilities2.27 Cr.2.31 Cr.1.45 Cr.52.56 Lakhs
Total cashflows from Investing Activities-18.86 Lakhs-7.38 Cr.-12.52 Cr.-1.81 Cr.
Net Borrowings10.68 Cr.-1.92 Cr.-15.20 Cr.2.50 Cr.
Total Cash from Financing Activities4.82 Cr.-3.72 Cr.-18.93 Cr.2.61 Cr.
Other Liabilities-23.93 Lakhs3.69 Cr.5.65 Cr.3.41 Cr.
Total Assets0003.96 Cr.
Net Income20.18 Cr.14.79 Cr.9.27 Cr.11.57 Cr.
Change in Cash-3.13 Cr.-2.51 Cr.55.76 Lakhs11.75 Cr.
Effect of Exchange Rate65.88 Lakhs-5.72 Lakhs1.11 Cr.1.11 Cr.
Total Cash from Operating Activities-8.43 Cr.7.40 Cr.30.90 Cr.10.96 Cr.
Depreciation3.33 Cr.1.99 Cr.1.89 Cr.1.46 Cr.
Other Cashflows from Investing Activities92.81 Lakhs85.76 Lakhs58.64 Lakhs-6.32 Lakhs
Dividends Paid-1.91 Cr.-1.91 Cr.-1.91 Cr.-1.91 Cr.
Change to Inventory-10.14 Cr.-4.44 Cr.7.99 Cr.-53.47 Cr.
Change to Account Receivables-29.33 Cr.-12.72 Cr.1.26 Cr.45 Cr.
Other Cashflows from Financing Activities-3.95 Cr.-1.80 Cr.-3.73 Cr.-3.85 Cr.
Change to Net Income5.48 Cr.1.77 Cr.3.35 Cr.2.45 Cr.
Capital Expenditures-1.27 Cr.-3.17 Cr.-13.11 Cr.-1.76 Cr.

Financials

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Research DevelopmentNoneNoneNoneNone
Effect of Accounting ChargesNoneNoneNoneNone
Income Before Tax29.96 Cr.21.38 Cr.13.91 Cr.15.95 Cr.
Minority Interest68.46 Lakhs51.23 Lakhs51.23 Lakhs51.23 Lakhs
Net Income26.44 Cr.23.01 Cr.17.54 Cr.19.73 Cr.
Selling General Administrative16.47 Cr.15.80 Cr.13.41 Cr.11.83 Cr.
Gross Profit74.58 Cr.52.88 Cr.43.32 Cr.45.12 Cr.
Ebit26.44 Cr.23.01 Cr.17.54 Cr.19.73 Cr.
Operating Income26.44 Cr.23.01 Cr.17.54 Cr.19.73 Cr.
Other Operating Expenses28.32 Cr.12.06 Cr.10.46 Cr.12.08 Cr.
Interest Expense-3.95 Cr.-1.43 Cr.-3.10 Cr.-3.72 Cr.
Extraordinary ItemsNoneNoneNoneNone
Non RecurringNoneNoneNoneNone
Other ItemsNoneNoneNoneNone
Income Tax Expense9.60 Cr.6.55 Cr.4.63 Cr.4.38 Cr.
Total Revenue267.83 Cr.181.23 Cr.150.21 Cr.218.30 Cr.
Total Operating Expenses241.38 Cr.158.21 Cr.132.67 Cr.198.56 Cr.
Cost of Revenue193.25 Cr.128.34 Cr.106.88 Cr.173.17 Cr.
Total Other Income Expense Net3.52 Cr.-1.62 Cr.-3.62 Cr.-3.77 Cr.
Discontinued OperationsNoneNoneNoneNone
Net Income from Continuous Ops.20.36 Cr.14.83 Cr.9.27 Cr.11.57 Cr.
Net Income Applicable to Common Shares20.18 Cr.14.79 Cr.9.27 Cr.11.57 Cr.

Balance Sheet

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Intangible Assets0000
Capital Surplus024.24 Cr.24.24 Cr.24.24 Cr.
Total Liabilities95.30 Cr.79.46 Cr.42.24 Cr.53.09 Cr.
Stock Holder Equity212.63 Cr.193.79 Cr.177.76 Cr.167.31 Cr.
Minority Interest68.46 Lakhs51.23 Lakhs00
Other Liabilities7.06 Cr.7.65 Cr.4.40 Cr.2.39 Cr.
Total Assets308.61 Cr.273.77 Cr.220.01 Cr.220.41 Cr.
Common Stock19.11 Cr.19.11 Cr.19.11 Cr.19.11 Cr.
Retained Earnings0126.06 Cr.111.26 Cr.101.99 Cr.
Other Liabilities1.80 Cr.1.59 Cr.26.05 Lakhs14.36 Lakhs
Good Will11 k10.77 k10.77 k10.77 k
Treasury Stock193.51 Cr.24.37 Cr.23.14 Cr.21.95 Cr.
Other Assets19.45 Cr.18.50 Cr.18.63 Cr.19.07 Cr.
Cash9.45 Cr.12.58 Cr.15.10 Cr.14.54 Cr.
Current Liabilities83.66 Cr.77.12 Cr.41.26 Cr.52.17 Cr.
Long Term Asset Charges2.90 Cr.2.39 Cr.2.47 Cr.2.29 Cr.
Short Long Term Debt001.10 Cr.2 Cr.
Other Stockholder Equity193.51 Cr.24.37 Cr.23.14 Cr.21.95 Cr.
Property Plant Equipment31.45 Cr.31.80 Cr.28.48 Cr.15.93 Cr.
Total Cur. Assets257.70 Cr.223.45 Cr.172.89 Cr.185.39 Cr.
Long Term Investments76 k76 k51 k51 k
Net Tangible Assets212.63 Cr.193.79 Cr.177.76 Cr.167.31 Cr.
Short Term Investments0000
Net Receivables118.93 Cr.90.61 Cr.59.48 Cr.60.97 Cr.
Long Term Debt00060 Lakhs
Inventory122.22 Cr.112.07 Cr.90.11 Cr.98.10 Cr.
Accounts Payable34.30 Cr.32.09 Cr.9.63 Cr.8.18 Cr.

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