ScoreWhy is Veto Switchgears & Cables Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 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
Stock is technically in a Mildly Bearish range
- The technical trend has deteriorated from Sideways on 11-May-26
- The stocks MACD and KST technical factors are also Bearish
5
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 5.21%, its profits have risen by 43.7% ; the PEG ratio of the company is 0.2
6
Majority shareholders : Non Institution
Real-Time Research ReportHow 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
9.88%
0.12
41.80%
Sensex
-5.34%
-0.49
12.94%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
16.37%
EBIT Growth (5y)
9.09%
EBIT to Interest (avg)
11.16
Debt to EBITDA (avg)
0.97
Net Debt to Equity (avg)
0.07
Sales to Capital Employed (avg)
1.07
Tax Ratio
26.31%
Dividend Payout Ratio
8.64%
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
11.14%
ROE (avg)
8.44%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
50
Price to Book Value
0.92
EV to EBIT
8.56
EV to EBITDA
7.57
EV to Capital Employed
0.93
EV to Sales
0.74
PEG Ratio
0.76
Dividend Yield
0.72%
ROCE (Latest)
10.82%
ROE (Latest)
8.67%
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TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend21What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 2.36 times
NET SALES(Q)
Highest at Rs 138.86 cr
PBDIT(Q)
Highest at Rs 13.26 cr.
PBT LESS OI(Q)
Highest at Rs 11.66 cr.
PAT(Q)
Highest at Rs 8.78 cr.
EPS(Q)
Highest at Rs 4.59
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Veto Switchgears
Net Sales - Quarterly
At Rs 138.86 cr has Grown at 55.71%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Net Sales - Quarterly
Highest at Rs 138.86 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 13.26 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 11.66 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 11.66 cr has Grown at 25.51%
Year on Year (YoY)MOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 8.78 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 4.59
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
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
