Nifty
:
22620.40
Sensex
:
74398.48
50.05 (0.22%)
59.04 (0.08%)
Nifty
Sensex
:
:
22620.40
74398.48
50.05 (0.22%)
59.04 (0.08%)

Veto Switchgears And Cables Ltd.

Electric Equipment

Rating :
63/99

BSE: 539331 | NSE: VETO

NSE BSE
134.10
25-Apr-2024
  • Open
  • High
  • Low
  • Previous Close
  •  135.65
  •  138.90
  •  132.50
  •  137.10
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  155044
  •  210.93
  •  156.40
  •  85.05

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 257.10
  • 14.61
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 276.07
  • 0.74%
  • 1.03

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 45.06%
  • 2.47%
  • 47.22%
  • FII
  • DII
  • Others
  • 0.01%
  • 0.00%
  • 5.24%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.91
  • 5.93
  • 17.11

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 12.02
  • 9.93
  • 7.32

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 12.76
  • 11.83
  • 11.00

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 12.72
  • 10.98
  • 11.21

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.47
  • 0.86
  • 0.99

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 8.14
  • 7.07
  • 7.10

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 23
Dec 22
Var%
Sep 23
Sep 22
Var%
Jun 23
Jun 22
Var%
Mar 23
Mar 22
Var%
Net Sales
82.05
71.67
14.48%
71.65
75.45
-5.04%
66.96
59.85
11.88%
84.14
78.96
6.56%
Expenses
73.32
65.19
12.47%
61.64
64.80
-4.88%
59.14
50.23
17.74%
77.92
71.61
8.81%
EBITDA
8.73
6.49
34.51%
10.01
10.65
-6.01%
7.83
9.62
-18.61%
6.22
7.35
-15.37%
EBIDTM
10.64%
9.05%
13.97%
14.11%
11.69%
16.07%
7.40%
9.31%
Other Income
0.39
1.93
-79.79%
0.34
0.31
9.68%
0.41
0.35
17.14%
1.81
2.35
-22.98%
Interest
0.87
0.94
-7.45%
1.57
0.72
118.06%
0.97
1.08
-10.19%
1.41
1.13
24.78%
Depreciation
0.79
0.70
12.86%
0.70
0.65
7.69%
0.76
0.82
-7.32%
0.66
1.11
-40.54%
PBT
7.45
6.78
9.88%
8.08
9.59
-15.75%
6.51
8.07
-19.33%
5.97
7.46
-19.97%
Tax
2.56
2.08
23.08%
2.03
2.54
-20.08%
1.61
1.57
2.55%
3.77
2.55
47.84%
PAT
4.89
4.71
3.82%
6.05
7.04
-14.06%
4.90
6.50
-24.62%
2.21
4.91
-54.99%
PATM
5.96%
6.57%
8.44%
9.34%
7.32%
10.85%
2.62%
6.22%
EPS
2.50
2.45
2.04%
3.13
3.64
-14.01%
2.54
3.36
-24.40%
1.05
2.55
-58.82%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Net Sales
304.80
291.11
267.24
181.23
150.22
218.30
253.07
239.08
176.74
97.30
94.48
Net Sales Growth
6.60%
8.93%
47.46%
20.64%
-31.19%
-13.74%
5.85%
35.27%
81.64%
2.98%
 
Cost Of Goods Sold
226.99
210.88
193.25
127.72
104.86
172.66
189.91
189.62
128.00
64.50
68.48
Gross Profit
77.81
80.22
73.99
53.51
45.36
45.64
63.16
49.45
48.74
32.80
26.00
GP Margin
25.53%
27.56%
27.69%
29.53%
30.20%
20.91%
24.96%
20.68%
27.58%
33.71%
27.52%
Total Expenditure
272.02
257.49
233.30
157.61
131.36
197.36
211.79
213.62
150.87
82.12
83.67
Power & Fuel Cost
-
1.14
0.88
1.09
0.90
1.08
1.11
0.99
1.08
0.97
0.85
% Of Sales
-
0.39%
0.33%
0.60%
0.60%
0.49%
0.44%
0.41%
0.61%
1.00%
0.90%
Employee Cost
-
17.63
15.25
11.83
10.65
9.03
8.68
11.96
7.38
5.83
5.04
% Of Sales
-
6.06%
5.71%
6.53%
7.09%
4.14%
3.43%
5.00%
4.18%
5.99%
5.33%
Manufacturing Exp.
-
4.92
3.91
4.49
3.81
4.66
3.30
3.65
5.37
4.38
4.08
% Of Sales
-
1.69%
1.46%
2.48%
2.54%
2.13%
1.30%
1.53%
3.04%
4.50%
4.32%
General & Admin Exp.
-
8.86
7.16
4.46
3.38
3.19
3.91
3.65
2.65
1.87
1.77
% Of Sales
-
3.04%
2.68%
2.46%
2.25%
1.46%
1.55%
1.53%
1.50%
1.92%
1.87%
Selling & Distn. Exp.
-
11.68
10.13
7.28
4.72
4.42
3.42
2.37
4.99
3.39
2.76
% Of Sales
-
4.01%
3.79%
4.02%
3.14%
2.02%
1.35%
0.99%
2.82%
3.48%
2.92%
Miscellaneous Exp.
-
2.39
2.73
0.74
3.04
2.31
1.45
1.38
1.41
1.18
2.76
% Of Sales
-
0.82%
1.02%
0.41%
2.02%
1.06%
0.57%
0.58%
0.80%
1.21%
0.73%
EBITDA
32.79
33.62
33.94
23.62
18.86
20.94
41.28
25.46
25.87
15.18
10.81
EBITDA Margin
10.76%
11.55%
12.70%
13.03%
12.55%
9.59%
16.31%
10.65%
14.64%
15.60%
11.44%
Other Income
2.95
4.40
3.14
1.49
0.68
0.38
1.98
1.65
0.24
0.54
0.87
Interest
4.82
4.78
3.95
1.86
3.73
3.89
2.76
4.12
4.55
3.95
2.05
Depreciation
2.91
2.82
3.33
2.00
1.90
1.47
1.58
1.66
1.97
2.01
1.20
PBT
28.01
30.42
29.80
21.25
13.92
15.96
38.92
21.31
19.59
9.75
8.43
Tax
9.97
9.96
9.61
6.55
4.64
4.38
9.95
2.99
2.28
2.61
2.35
Tax Rate
35.59%
32.74%
32.25%
30.82%
33.33%
27.44%
25.57%
14.03%
14.82%
26.77%
27.88%
PAT
18.05
20.24
20.02
14.80
9.28
11.57
28.97
18.32
13.09
7.14
6.09
PAT before Minority Interest
17.61
20.45
20.19
14.84
9.28
11.57
28.97
18.32
13.09
7.14
6.09
Minority Interest
-0.44
-0.21
-0.17
-0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
5.92%
6.95%
7.49%
8.17%
6.18%
5.30%
11.45%
7.66%
7.41%
7.34%
6.45%
PAT Growth
-22.06%
1.10%
35.27%
59.48%
-19.79%
-60.06%
58.13%
39.95%
83.33%
17.24%
 
EPS
9.45
10.60
10.48
7.75
4.86
6.06
15.17
9.59
6.85
3.74
3.19

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Shareholder's Funds
232.88
212.63
193.79
177.77
167.31
148.44
101.45
80.89
72.65
65.53
Share Capital
19.11
19.11
19.11
19.11
19.11
18.33
18.33
18.33
18.33
18.33
Total Reserves
213.77
193.52
174.68
158.65
148.20
105.87
78.60
62.56
54.33
47.20
Non-Current Liabilities
13.69
8.72
5.32
-1.49
-1.37
0.52
3.06
5.30
6.16
6.52
Secured Loans
10.47
3.57
0.39
0.11
0.78
3.25
5.33
6.02
6.27
6.35
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
2.05
1.81
1.60
0.26
0.14
0.00
0.00
0.11
0.08
0.05
Current Liabilities
70.41
83.67
71.49
41.27
52.18
49.92
38.69
55.28
42.22
39.98
Trade Payables
25.95
34.31
32.03
9.64
8.18
7.65
8.65
10.64
10.30
7.20
Other Current Liabilities
10.76
4.56
3.76
7.66
6.63
4.68
6.12
7.32
3.40
3.67
Short Term Borrowings
32.17
41.98
34.53
23.81
37.18
32.14
23.36
34.01
28.35
29.10
Short Term Provisions
1.52
2.83
1.17
0.16
0.19
5.44
0.57
3.31
0.17
0.00
Total Liabilities
317.87
305.70
271.11
217.55
218.12
198.88
143.20
141.47
121.03
112.04
Net Block
27.09
28.85
30.05
25.45
15.68
22.85
19.88
20.94
21.80
21.49
Gross Block
49.44
49.19
48.21
41.45
30.09
35.88
31.46
30.86
29.81
27.68
Accumulated Depreciation
22.35
20.34
18.16
16.01
14.41
13.03
11.58
9.92
8.02
6.19
Non Current Assets
49.73
48.00
48.55
44.65
32.73
32.10
33.69
42.45
40.59
37.92
Capital Work in Progress
6.52
2.60
2.12
3.04
0.26
7.32
7.77
2.86
0.01
0.00
Non Current Investment
0.01
0.01
0.01
14.23
14.53
0.01
0.01
0.01
0.01
0.01
Long Term Loans & Adv.
2.23
1.98
1.05
1.02
1.27
1.16
2.65
17.83
18.05
16.41
Other Non Current Assets
0.47
0.90
1.38
0.91
0.98
0.75
3.37
0.80
0.71
0.00
Current Assets
268.14
257.71
222.56
172.89
185.39
166.78
109.52
99.03
80.45
74.11
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.29
0.49
0.93
Inventories
104.88
122.22
112.08
90.11
98.11
44.63
39.10
35.13
25.00
25.82
Sundry Debtors
138.59
118.93
90.62
59.48
60.98
106.55
56.02
41.78
33.40
30.29
Cash & Bank
15.25
9.45
12.59
15.70
15.08
3.15
9.79
15.40
2.18
12.85
Other Current Assets
9.42
0.24
0.15
0.27
11.22
12.45
4.62
6.43
19.38
4.21
Short Term Loans & Adv.
9.02
6.86
7.13
7.34
11.10
12.38
4.56
6.40
2.69
4.21
Net Current Assets
197.74
174.04
151.07
131.63
133.21
116.86
70.83
43.74
38.23
34.13
Total Assets
317.87
305.71
271.11
217.54
218.12
198.88
143.21
141.48
121.04
112.03

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Cash From Operating Activity
17.97
-7.92
7.06
30.91
10.96
-25.04
19.61
21.46
-2.07
0.38
PBT
30.42
29.80
21.25
13.92
15.96
38.92
21.31
15.38
9.75
8.43
Adjustment
7.51
7.69
3.51
5.10
9.12
4.26
9.47
6.86
5.87
2.72
Changes in Working Capital
-8.19
-36.93
-11.49
16.38
-4.53
-63.25
-8.50
1.83
-15.83
-9.00
Cash after chg. in Working capital
29.74
0.55
13.27
35.39
20.55
-20.06
22.28
24.07
-0.20
2.15
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-11.77
-8.48
-6.21
-4.49
-9.58
-4.98
-2.67
-2.60
-1.87
-1.78
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-4.08
-0.19
-7.34
-12.53
-1.82
3.94
-11.00
-7.80
3.21
-25.68
Net Fixed Assets
-0.18
-0.27
-0.73
-4.46
12.85
-3.31
-3.47
-3.13
-1.98
-12.90
Net Investments
0.00
0.00
-12.44
-10.48
-14.51
0.00
0.29
-1.62
0.43
-0.93
Others
-3.90
0.08
5.83
2.41
-0.16
7.25
-7.82
-3.05
4.76
-11.85
Cash from Financing Activity
-9.96
4.32
-3.43
-18.94
2.61
20.92
-20.68
-0.05
-4.79
29.14
Net Cash Inflow / Outflow
3.94
-3.80
-3.71
-0.56
11.76
-0.18
-12.08
13.62
-3.65
3.84
Opening Cash & Equivalents
9.45
12.59
15.10
14.55
2.79
2.61
15.22
1.60
5.25
1.41
Closing Cash & Equivalent
15.25
9.45
12.59
15.10
14.55
2.79
2.61
15.22
1.60
5.25

Financial Ratios

Consolidated /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Book Value (Rs.)
121.83
111.24
101.38
93.00
87.53
67.77
52.89
44.14
39.64
35.75
ROA
6.56%
7.00%
6.07%
4.26%
5.55%
16.94%
12.87%
9.98%
6.13%
6.57%
ROE
9.18%
9.94%
7.99%
5.38%
7.94%
26.20%
20.61%
17.05%
10.34%
9.74%
ROCE
13.18%
13.86%
10.77%
8.60%
10.09%
26.18%
19.91%
17.28%
13.13%
12.69%
Fixed Asset Turnover
5.90
5.49
4.04
4.20
6.62
7.53
7.67
5.83
3.38
4.45
Receivable days
161.45
143.10
151.15
146.34
140.05
116.97
74.65
77.62
119.44
97.42
Inventory Days
142.37
160.00
203.61
228.67
119.33
60.25
56.66
62.09
95.32
96.91
Payable days
52.15
62.65
59.54
31.01
11.62
13.80
16.50
24.62
37.45
32.16
Cash Conversion Cycle
251.67
240.46
295.22
344.01
247.76
163.42
114.81
115.09
177.32
162.16
Total Debt/Equity
0.18
0.21
0.18
0.14
0.24
0.30
0.32
0.52
0.48
0.55
Interest Cover
7.36
8.54
12.48
4.73
5.10
15.12
6.17
4.38
3.47
5.12

Annual Reports:

FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015
FY 2014

News Update:


  • Veto Switchgears - Quarterly Results
    13th Feb 2024, 18:26 PM

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.