Veto Switchgears and Cables Limited Share Price and Company Fundamentals
Last traded: Last Friday at 9:59 AM
Veto Switchgears and Cables Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables, and electrical accessories in India and internationally. It operates through Wire and Cables, Lighting & Fittings, and Accessories & Others segments. The company offers modular switches; LED lightning, including slim LED panel, concealed light, deep light, spotlight, flood light, streetlight, strip light, rope light, LED bulb, LED tube light, wall and track light, and surface panel; and wire and cables, comprising Vimal multi strand cables, Veto multistrand cables, and Vimal flexible wire. It also provides fans, such as ceiling, wall, pedestal, and table fans; MCB and distribution board, which includes circuit breaker, distribution panels, isolator, and AC box. In addition, the company offers bells and extension cords, which comprise ding dong, stereo, and multi tune bells, as well as extension cords. 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.
Key Metrics
PE ratio
7.96
PB ratio
0.69
Dividend yield
1.03%
Beta
-0.19
Market cap
₹1.90B
Enterprise value
₹2.01B
Company profile
| Industry / Sector | Electrical Equipment & Parts / Industrials |
|---|---|
| Full time employees | 336 |
| Website | https://www.vetoswitchgears.com |
| Mailing address | Plot No. 10, Days Hotel 4th Floor, Airport Plaza Scheme Behind Hotel Radisson Blu Tonk Road, Durgapura Jaipur 302018 India |
| Phone / Fax | 91 14 1666 7750 / |
Dividends
Dividend yield
1.03%
Dividend amount
₹1.00
Payout ratio
8.01%
5Y Avg. yield
-%
Veto Switchgears and Cables Limited paid ₹1.00 dividend and the ex-dividend date was 22 Sep 2025.The dividend payout ratio is 8.01%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.VETO dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Mar 2026, following are the company executives and directors listed on Veto Switchgears and Cables Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Akshay Kumar Gurnani | Chairman, MD & CEO | 32 | |
| Mr. Narain Das Gurnani | CFO & Whole-Time Director | 68 | |
| Ms. Kritika Todwal A.C.S., B.Com., L.L.B., L.L.M. | Company Secretary & Compliance Officer | ||
| Mr. Anil Kaslya C.A. | Sr. Manager of Accounts | ||
| Mr. Vasudev Lalwani B.Com. | Vice President of Marketing | 56 |
Profitability and management effectiveness
Profit margin
7.09%
Operating margin
9.80%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Veto Switchgears and Cables Limited is 1.90B and its enterprise value is 2.01B. The enterprise value to revenue ratio of VETO is 0.60. The enterprise value to EBITDA ratio of VETO is 5.63.
Veto Switchgears and Cables Limited (NSE:VETO) Frequently Asked Questions
1. What is Veto Switchgears and Cables Limited's Stock Symbol?
Veto Switchgears and Cables Limited trades on NSE under the ticker symbol "VETO".
2. What is Veto Switchgears and Cables Limited's stock price today?
One share of VETO stock can currently be purchased for approximately ₹99.4.
3. How can I contact Veto Switchgears and Cables Limited?
Veto Switchgears and Cables Limited's mailing address is Plot No. 10, Days Hotel 4th Floor, Airport Plaza Scheme Behind Hotel Radisson Blu Tonk Road, Durgapura Jaipur 302018 India. The company can be reached via phone at 91 14 1666 7750.
4. What is Veto Switchgears and Cables Limited's official website?
The official website of Veto Switchgears and Cables Limited is https://www.vetoswitchgears.com.