TickerKhojElectrical Equipment & Cables · Electrical Products · NSE: VETO · data 2026-11-01
Veto Switchgears & Cables Ltd.
In plain words
Price: 23.8% below its 52-week high of ₹155.9.
Delivery: 58.2% of traded shares were kept for delivery over the last 10 sessions, against 56.8% over the last 60.
Latest results: a net profit of ₹6 cr for the quarter ended Jun 2026 (+72.6% on the same quarter a year earlier).
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹411 cr |
| Net profit (last 12 months) | ₹27 cr |
| Sales growth, 3 years (yearly) | 10.0% |
| Profit growth, 3 years (yearly) | 7.5% |
At a glance
Promoters 45.1% (unchanged in a year), pledged 0.0%, institutions 0.7%.
P/E 8.3, dividend yield 0.8%. Price relative to earnings and book value (low is cheaper, not better).
ROE 9.0%, ROCE 12.2%, operating margin 8.9%: how much profit it earns on the money it uses.
Debt/equity 0.07, Profit growth 7.5% and sales growth 10.0% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
- Virtually debt-free (debt/equity 0.1 or less).
None flagged by these rules.
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q1 FY27)
VETO Q1 FY27 results (consolidated figures, as filed on NSE).
Revenue was ₹89.36 crore, up 37.8% YoY and down 35.6% QoQ.
Net profit was ₹5.92 crore, up 72.6% YoY and down 32.7% QoQ.
Operating margin was 10.6% (9.7% a year ago).
EPS was ₹3.1, up 72.2% YoY and down 32.5% QoQ.
VETO के Q1 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।
राजस्व: ₹89.36 करोड़; पिछले साल की तुलना में 37.8% की बढ़त, पिछली तिमाही की तुलना में 35.6% की गिरावट।
शुद्ध मुनाफ़ा: ₹5.92 करोड़; पिछले साल की तुलना में 72.6% की बढ़त, पिछली तिमाही की तुलना में 32.7% की गिरावट।
ऑपरेटिंग मार्जिन: 10.6% (एक साल पहले 9.7%)।
EPS: ₹3.1; पिछले साल की तुलना में 72.2% की बढ़त, पिछली तिमाही की तुलना में 32.5% की गिरावट।
VETOના Q1 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹89.36 કરોડ; ગયા વર્ષની સરખામણીએ 37.8% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 35.6% ઘટાડો.
ચોખ્ખો નફો: ₹5.92 કરોડ; ગયા વર્ષની સરખામણીએ 72.6% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 32.7% ઘટાડો.
ઓપરેટિંગ માર્જિન: 10.6% (એક વર્ષ પહેલાં 9.7%).
EPS: ₹3.1; ગયા વર્ષની સરખામણીએ 72.2% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 32.5% ઘટાડો.
Written from the filed numbers. Not a recommendation.
Smart-money activity
5/100 · Weak over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 0/30: Too few delivery days to compare delivery % (0 of 10); shares delivered not comparable (0 of 12); 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 0/15: No mutual fund scheme lists this stock. Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Dividend ● Results
- 21 Sept 26Dividend Dividend ₹1 (ex-date) +0.3% next session
- 13 Aug 26Results Q1 FY27 results: profit +72.6% YoY +2.8% next session
- 7 Aug 26Results Q4 FY25 results: profit +246.2% YoY -1.4% next session
- 28 May 26Results Q4 FY26 results: profit +19.9% YoY +1.6% next session
- 13 Feb 26Results Q3 FY26 results: profit +76.2% YoY -1.4% next session
- 14 Nov 25Results Q2 FY26 results: profit +2.7% YoY +2.1% next session
- 22 Sept 25Dividend Dividend ₹1 (ex-date) -0.4% next session
- 14 Aug 25Results Q1 FY26 results: profit −29.3% YoY -8.2% next session
- 14 Feb 25Results Q3 FY25 results: profit −21.8% YoY -13.9% next session
- 14 Nov 24Results Q2 FY25 results: profit −1.2% YoY -2.1% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Jun 2026 | ₹89 cr | ₹6 cr | +72.6% | 10.6% | 3.1 |
| Mar 2026 | ₹139 cr | ₹9 cr | +19.9% | 9.5% | 4.59 |
| Dec 2025 | ₹94 cr | ₹7 cr | +76.2% | 10.4% | 3.45 |
| Sept 2025 | ₹89 cr | ₹6 cr | +2.7% | 9.4% | 3.18 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 45.06% | 45.06% | 45.06% | 45.06% |
| Foreign institutions (FII) | 0.66% | 0.41% | 0.01% | 0.01% |
| Domestic institutions (DII) | — | 0.00% | 0.00% | 0.00% |
| Mutual funds | — | 0.00% | 0.00% | 0.00% |
| Retail investors | 32.13% | 33.63% | 36.58% | 36.46% |
| Number of shareholders | 22,871 | 23,721 | 25,172 | 25,776 |
Common questions
What was Veto Switchgears & Cables Ltd.'s latest quarterly profit?
Veto Switchgears & Cables Ltd. reported a net profit of ₹6 cr for the quarter ended Jun 2026 (+72.6% on the same quarter a year earlier), on revenue of ₹89 cr.
How much do promoters hold in Veto Switchgears & Cables Ltd.?
Promoters held 45.06% of Veto Switchgears & Cables Ltd. at the end of Sept 2026, with 0.00% of promoter shares pledged.
Is Veto Switchgears & Cables Ltd. debt-free?
Its latest reported debt-to-equity ratio is 0.07, which is very low.
What is Veto Switchgears & Cables Ltd.'s P/E ratio?
About 8.3, based on the last 12 months' earnings and a price of ₹118.78 (data 2026-11-01).
What is the 52-week high and low of Veto Switchgears & Cables Ltd.?
The 52-week high is ₹155.9 and the 52-week low is ₹82.32.
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Veto Switchgears & Cables Ltd. | ₹118.78 | ₹227 cr | 8.3 | — | 9% | 12.2% | 0.07 | -4.1% |
| Indo National Limited | ₹298 | ₹227 cr | — | — | -7.1% | -6.5% | 0.13 | -33.2% |
| Goldstar Power Ltd. | ₹9.35 | ₹225 cr | 9.3 | — | 15.2% | 18% | 0.05 | +14.0% |
| Plaza Wires Limited | ₹50.6 | ₹224 cr | 20.7 | — | 5.8% | 9.9% | 0.25 | +3.5% |
| Bhadora Industries Limited | ₹120 | ₹223 cr | 22.8 | 2.7 | 18.8% | 27.9% | 0.22 | +34.6% |
| RMC Switchgears Ltd. | ₹181.58 | ₹192 cr | 9.7 | — | 18.8% | 31.1% | 0.81 | -51.0% |
Compare VETO with NIPPOBATRY in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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