VETO SWITCHGEAR CABLE LTD
VETO · General/Diversified · NSE
₹144
Current Market Price
Fair Value (DCF)
₹219
Discount to FV
+52.5%
Updated just now
YieldIQ Score
40/100
Piotroski F-Score
6/9
Economic Moat
Moderate
Confidence
47%
ROE
8.3%
Debt/Equity
0.09
WACC
11.1%
Market Cap
₹274.97 Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
11.7%
Return on capital employed
EV / EBITDA
7.1×
Enterprise multiple
Debt / EBITDA
0.6×
Leverage vs earnings
Interest Coverage
20.4×
EBIT covers interest
Current Ratio
4.43×
Short-term liquidity
Asset Turnover
1.16×
Revenue per ₹ of assets
Revenue CAGR (3Y)
10.1%
3-year revenue growth
Revenue CAGR (5Y)
16.4%
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹143.85
Bear case
Margin of Safety -4.0%
Implied upside -3.8%
Base case
Margin of Safety +25.6%
Implied upside +34.4%
Bull case
Margin of Safety +33.6%
Implied upside +50.5%
Ratio Trends
VETO · last 4 annual periods
ROE
8.3%
ROCE
11.7%
Operating Margin
—
Debt / Equity
0.09×
PE
7.1×
EV / EBITDA
4.6×
Historical Financials
VETO · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2022 NSE_XBRL | 2023 NSE_XBRL | 2024 NSE_XBRL | 2025 yfinance | 2026 yfinance | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹267 Cr | ₹290 Cr | ₹300 Cr | ₹300 Cr | ₹387 Cr | +9.7% |
| EBITDA | ₹36.6 Cr | ₹37.7 Cr | ₹35.1 Cr | ₹34.2 Cr | ₹39.7 Cr | +2.0% |
| EBIT | ₹33.7 Cr | ₹35.2 Cr | ₹32.9 Cr | — | — | -0.6% |
| PAT | ₹20.0 Cr | ₹20.2 Cr | ₹18.0 Cr | ₹22.1 Cr | ₹25.1 Cr | +5.8% |
| EPS (diluted) | ₹10.56 | ₹10.70 | ₹9.45 | — | — | -2.7% |
| CFO | ₹-7.9 Cr | ₹18.0 Cr | ₹27.8 Cr | ₹15.0 Cr | ₹10.4 Cr | — |
| CapEx | ₹-1.3 Cr | ₹-5.1 Cr | ₹-6.3 Cr | ₹-19.8 Cr | ₹-5.2 Cr | — |
| FCF | ₹-9.2 Cr | ₹12.9 Cr | ₹21.5 Cr | ₹-4.8 Cr | ₹5.2 Cr | — |
| Total Assets | ₹309 Cr | ₹321 Cr | ₹306 Cr | ₹332 Cr | ₹398 Cr | +6.6% |
| Total Debt | ₹46.9 Cr | ₹43.4 Cr | ₹22.6 Cr | ₹22.9 Cr | ₹21.4 Cr | -17.8% |
| Shareholders' Equity | ₹213 Cr | ₹233 Cr | ₹246 Cr | ₹266 Cr | ₹290 Cr | +8.0% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
VETO vs 5 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
CORDSCABLE CORDSCABLE | — | — | Pending | 10.2% | 8.1× |
PLAZACABLE PLAZACABLE | — | — | Pending | 2.4% | — |
NIPPOBATRY NIPPOBATRY | — | — | Pending | -8.7% | — |
AARTECH AARTECH | — | — | Pending | 11.5% | — |
 GEEKAYWIRE GEEKAYWIRE | — | — | Pending | 17.5% | 6.6× |
Click a ticker to view its fair-value analysis.
Dividend History
8 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹5.00/sh
Last payout
2025-09-22
₹1.00
Peak payout
₹1.50
Trailing yield
0.70%
Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).
AI Analysis Summary
Model-generated description of metrics. Not investment advice. VETO SWITCHGEAR CABLE LTD (VETO.NS) trades at 143.85 vs a model fair value of 219.44, a gap of 52.5%. Piotroski F-score: 6/9. Moat label:...
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Market-implied growth
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Risk profile of VETO →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
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News & Filings
Recent activity
BSE filings + news for VETO →
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Analyse VETONow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.