Why is Veto Switchgears & Cables Ltd ?
1
Company has a Debt to Equity ratio (avg) of 0.10 times
2
With a growth in Net Profit of 70.55%, the company declared Very Positive results in Jun 26
- The company has declared positive results for the last 3 consecutive quarters
- PBT LESS OI(Q) At Rs 7.69 cr has Grown at 67.90%
- PAT(Q) At Rs 5.92 cr has Grown at 60.4%
- DEBTORS TURNOVER RATIO(HY) Highest at 2.36 times
3
With ROE of 8.7, it has a Attractive valuation with a 0.9 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 11.33%, its profits have risen by 31% ; the PEG ratio of the company is 0.3
4
Majority shareholders : Non Institution
5
Market Beating Performance
- Even though the market (BSE500) has generated negative returns of -3.53% in the last 1 year, the stock has been able to generate 11.33% returns
How much should you buy?
- Overall Portfolio exposure to Veto Switchgears should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Veto Switchgears for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Veto Switchgears
11.33%
0.32
35.81%
Sensex
-10.5%
-0.78
13.50%
Quality key factors
Factor
Value
Sales Growth (5y)
15.48%
EBIT Growth (5y)
10.37%
EBIT to Interest (avg)
11.00
Debt to EBITDA (avg)
0.97
Net Debt to Equity (avg)
0.07
Sales to Capital Employed (avg)
1.07
Tax Ratio
26.35%
Dividend Payout Ratio
8.64%
Pledged Shares
0
Institutional Holding
0.41%
ROCE (avg)
11.14%
ROE (avg)
8.44%
Valuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
44
Price to Book Value
0.91
EV to EBIT
7.75
EV to EBITDA
6.95
EV to Capital Employed
0.92
EV to Sales
0.69
PEG Ratio
0.31
Dividend Yield
0.72%
ROCE (Latest)
10.82%
ROE (Latest)
8.67%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Movement
20What is working for the Company
PBT LESS OI(Q)
At Rs 7.69 cr has Grown at 67.90%
PAT(Q)
At Rs 5.92 cr has Grown at 60.4%
DEBTORS TURNOVER RATIO(HY)
Highest at 2.36 times
NET SALES(Q)
At Rs 89.36 cr has Grown at 37.75%
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Veto Switchgears
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 7.69 cr has Grown at 67.90%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 5.92 cr has Grown at 60.4%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 89.36 cr has Grown at 37.75%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 2.36 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio






