How has been the historical performance of Veto Switchgears?

Answer:The historical performance of Veto Switchgears shows a steady growth in net sales and profit over the years, with net sales reaching 300.38 Cr in March 2025, slightly up from 300.09 Cr in March 2024 and significantly higher than 291.11 Cr in March 2023. The company has maintained a consistent total operating income, which also stood at 300.38 Cr in March 2025. Operating profit, excluding other income, was 31.69 Cr in March 2025, reflecting a slight increase from 30.89 Cr in March 2024, although it has seen fluctuations in previous years. Profit before tax for March 2025 was reported at 29.54 Cr, up from 28.75 Cr in March 2024, while profit after tax increased to 21.82 Cr from 18.06 Cr in the prior year. The earnings per share (EPS) rose to 11.57 in March 2025 from 9.39 in March 2024, indicating improved profitability per share.

Breakdown:
Veto Switchgears has demonstrated a positive trend in its financial metrics over the years. The net sales have shown consistent growth, increasing from 181.23 Cr in March 2021 to 300.38 Cr in March 2025. Operating profit margins have fluctuated, with a margin of 10.55% in March 2025, slightly up from 10.29% in March 2024. The company's profit before tax has also increased, reaching 29.54 Cr in March 2025, while profit after tax rose to 21.82 Cr, reflecting a healthy growth trajectory. The total assets of the company increased to 327.74 Cr in March 2025 from 302.14 Cr in March 2024, indicating a strong asset base. However, total liabilities also rose to 327.74 Cr, reflecting a need for careful management of debt, which stood at 22.77 Cr in March 2025. The cash flow from operating activities decreased to 14.00 Cr in March 2025, down from 27.00 Cr in March 2024, suggesting challenges in cash generation despite the overall profit growth.