Why is Veto Switchgears & Cables Ltd ?
1
Company has a Debt to Equity ratio (avg) of 0.09 times
2
Poor long term growth as Operating profit has grown by an annual rate 11.20% of over the last 5 years
3
Positive results in Dec 25
- PBT LESS OI(Q) At Rs 8.21 cr has Grown at 117.77%
- PAT(Q) At Rs 6.59 cr has Grown at 76.2%
- NET SALES(Q) Highest at Rs 94.22 cr
4
With ROE of 7.6, it has a Very Attractive valuation with a 0.8 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 10.94%, its profits have risen by 43.7% ; the PEG ratio of the company is 0.2
5
Majority shareholders : Non Institution
How much should you hold?
- 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
10.94%
0.27
40.93%
Sensex
-3.33%
-0.25
13.43%
Quality key factors
Factor
Value
Sales Growth (5y)
16.76%
EBIT Growth (5y)
11.20%
EBIT to Interest (avg)
10.10
Debt to EBITDA (avg)
1.07
Net Debt to Equity (avg)
0.05
Sales to Capital Employed (avg)
1.02
Tax Ratio
26.17%
Dividend Payout Ratio
10.65%
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
11.06%
ROE (avg)
8.40%
Valuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
44
Price to Book Value
0.78
EV to EBIT
7.36
EV to EBITDA
6.51
EV to Capital Employed
0.79
EV to Sales
0.68
PEG Ratio
0.21
Dividend Yield
0.89%
ROCE (Latest)
9.24%
ROE (Latest)
7.62%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Movement
11What is working for the Company
PBT LESS OI(Q)
At Rs 8.21 cr has Grown at 117.77%
PAT(Q)
At Rs 6.59 cr has Grown at 76.2%
NET SALES(Q)
Highest at Rs 94.22 cr
-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 Before Tax less Other Income (PBT) - Quarterly
At Rs 8.21 cr has Grown at 117.77%
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 6.59 cr has Grown at 76.2%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 94.22 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 94.22 cr has Grown at 24.45%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)






