Veto Switchgears

Market Cap: Micro Cap
Industry: Electronics & Appliances
ISIN: INE918N01018
NSEID: VETO
BSEID: 539331

INR

110.90

2.85 (2.64%)

BSENSE

Dec 05

BSE+NSE Vol: 25.14 k

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Calcom Vision

Singer India

Veto Switchgears

Sonam

Forbes & Co

BPL

Inflame Applian.

Maruti Interior

Macobs Technolo.

Arham Tech

Jay Jalaram Tech

Why is Veto Switchgears & Cables Ltd ?

Poor long term growth as Operating profit has grown by an annual rate 11.09% of over the last 5 years

Flat results in Sep 25

ROCE(HY) Lowest at 10.26%

Falling Participation by Institutional Investors

Institutional investors have decreased their stake by -0.52% over the previous quarter and collectively hold 0.01% of the company
These investors have better capability and resources to analyse fundamentals of companies than most retail investors

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -18.46% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Veto Switchgears for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Veto Switchgears

-18.46%

-0.40

45.85%

Sensex

4.83%

0.41

11.83%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

17.40%

EBIT Growth (5y)

11.09%

EBIT to Interest (avg)

9.93

Debt to EBITDA (avg)

1.07

Net Debt to Equity (avg)

0.05

Sales to Capital Employed (avg)

1.02

Tax Ratio

26.27%

Dividend Payout Ratio

10.65%

Pledged Shares

Institutional Holding

0.01%

ROCE (avg)

11.06%

ROE (avg)

8.40%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.77

EV to EBIT

8.43

EV to EBITDA

7.37

EV to Capital Employed

0.78

EV to Sales

0.71

PEG Ratio

0.53

Dividend Yield

0.90%

ROCE (Latest)

9.24%

ROE (Latest)

7.62%

Loading Valuation Snapshot...

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

Bearish

No Signal

Bollinger Bands

Bearish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

Mildly Bearish

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

3What is working for the Company

PAT(9M)

At Rs 17.30 cr has Grown at 34.32%

-2What is not working for the Company

ROCE(HY)

Lowest at 10.26%

Loading Valuation Snapshot...

Here's what is working for Veto Switchgears

Profit After Tax (PAT) - Nine Monthly

At Rs 17.30 cr has Grown at 34.32%

Year on Year (YoY)

MOJO Watch

Near term PAT trend is positive

PAT (Rs Cr)

Profit After Tax (PAT) - Nine Monthly

Higher at Rs 17.30 Cr

than preceding 12 month period ended Sep 2025 of Rs 16.62 cr

MOJO Watch

In the nine month period the company has already crossed sales of the previous twelve months

PAT (Rs Cr)