# Veto Switchgears and Cables Ltd (VETO)
> Exchange: NSE | Sector: Consumer Durables | ISIN: 

## Price
Current Price: ₹140.56
Day Change: -2.25%
52W High: ₹141.9
52W Low: ₹83
Market Cap: ₹208 Cr

## Valuation
P/E: 8.73
P/B: 0.75
EPS: ₹12.49
Book Value: ₹144.77
Dividend Yield: 0%

## Returns
1Y Return: 24.25%

## Profitability
ROE: 0%
ROCE: -0.74%
Debt/Equity: 0.06
Revenue Growth: 24.5%
Profit Growth: 81.6%
EBITDA Margin: 10.59%
Operating Margin: 9.8%

## About
Veto Switchgears and Cables Ltd is a Electrical Equipment & Parts company listed on NSE. The page combines exchange quotes, financial statements, shareholding, filings, and news so investors can review the business in one place.
Sector: Consumer Durables
Industry: Electrical Equipment & Parts
Sub Industry: Unknown

## Business Model
Overview: Veto Switchgears and Cables Ltd makes money through Branded product sales, Distribution-led volume growth, Premiumisation and new categories in Electrical Equipment & Parts. Revenue quality depends on demand growth, margin discipline, balance-sheet strength, and the company's ability to defend its position within Consumer Durables.
Source: Derived from stock data
Revenue Streams:
- Branded product sales
- Distribution-led volume growth
- Premiumisation and new categories
Operating Model:
- Builds brands, manages distribution, and converts repeat consumer demand into steady cash flows.
- Pricing power, rural and urban demand, ad spend, and input costs drive profitability.
Recent Context:
- Announcement: Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Announcement: Closure of Trading Window
- BSE Filing: Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

## Access
Current tier: anonymous
More history: Register free to see 13 more years.

## Data Freshness
Quote Updated: 2026-06-08T20:00:07.519Z
Price History Updated: 2026-06-10T02:01:16.834Z
Latest Price History Date: 2026-06-08
Technicals Updated: 2026-06-10T02:01:16.834Z
Quant Updated: 2026-06-10T02:01:16.834Z
Sentiment Updated: 2026-06-10T02:01:16.834Z
Financials Status: current
Financials Updated: 2026-05-18T23:03:13.413Z
Financials Last Attempt: 2026-05-18T23:03:13.413Z
Financials Provider Tried: yahoo
Latest P&L Period: FY25
Latest Balance Sheet Period: FY25
Latest Cash Flow Period: FY25

## P&L (FY25)
Revenue: ₹300.35 Cr
Operating Profit: ₹-1.81 Cr (OPM -0.6%)
Net Profit: ₹22.13 Cr
Tax: ₹7.72 Cr

## Annual P&L History
FY25: Rev ₹300.35Cr | PAT ₹22.13Cr | OPM -0.6%
FY24: Rev ₹300.09Cr | PAT ₹17.95Cr | OPM 0.4%
FY23: Rev ₹290.07Cr | PAT ₹20.25Cr | OPM 10.3%

## Balance Sheet (FY25)
Total Assets: ₹332.23 Cr
Total Liabilities: ₹64.81 Cr
Borrowings: ₹22.95 Cr
Cash: ₹1.05 Cr

## Shareholding
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## Board
- Akshay Kumar Gurnani, Chairman, MD & CEO
- Narain Das Gurnani, CFO & Whole-Time Director
- Kritika  Todwal A.C.S., B.Com., L.L.B., L.L.M., Company Secretary & Compliance Officer
- Anil  Kaslya C.A., Sr. Manager of Accounts
- Vasudev  Lalwani B.Com., Vice President of Marketing

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Source: rupiya.io/stocks/veto
Disclaimer: For research and education only. Not investment advice.