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VETO Switch Gears And Cables logo

VETO - VETO Switch Gears And Cables Share Price

₹144.9 4.0  2.8%

Last Trade - 11:24am

Sector
Industrials
Size
Micro Cap
Market Cap £26.2m
Enterprise Value £28.5m
Revenue £17.6m
Position in Universe 1487th / 3132
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +9.16%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -18.0%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2016 2017 2018 2019 2020 2021 2022E 2023E CAGR / Avg
1,767 2,391 2,536 2,183 1,502 1,812 +0.5%
+133.6 +10.0 +52.9 -60.2 -19.8 +58.9
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 March 2021, VETO SwitchGears And Cables Ltd revenues increased 21% to RS1.81B. Netincome increased 59% to RS147.9M. Revenues reflect anincrease in demand for the Company's products and servicesdue to favorable market conditions. Dividend per sharetotaled to RS1.00. Basic Earnings per Share excludingExtraordinary Items increased from RS4.88 to RS7.76.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
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Profile Summary

Veto Switchgears and Cables Limited is engaged in the manufacturing of electrical accessories, and wires and cables. The Company's segments include Wires and Cables; Electrical accessories, Switch socket, MCB's, and CFL, lightning and fans. The Company's product portfolio ranges from industrial cables, stand cables to telephone and co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps (CFLs), light emitting diode (LED) bulbs and other electrical accessories. It is engaged in dealing in electrical accessories, such as switch socket, miniature circuit breaker (MCB), bell and various electrical accessories. Its products are marketed in both domestic and international markets. The Company supplies its products under the brands VETO and VIMAL POWER through a network of dealers to the customers in India, as well as selected customers abroad.

Directors
Last Annual March 31st, 2021
Last Interim March 31st, 2021
Incorporated June 20, 2007
Public Since December 12, 2012
No. of Shareholders: n/a
No. of Employees: 405
Sector Industrials
Industry Machinery, Equipment & Components
Index
Exchange National Stock Exchange of India
Shares in Issue 19,115,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
VETO Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for VETO
Upcoming Events for VETO
Wednesday 29th September, 2021 Estimate
VETO Switch Gears And Cables Ltd Annual Shareholders Meeting
Frequently Asked Questions for VETO Switch Gears And Cables
What is the VETO Switch Gears And Cables share price?

As of 11:24am, shares in VETO Switch Gears And Cables are trading at ₹144.9, giving the company a market capitalisation of £26.2m. This share price information is delayed by 15 minutes.

How has the VETO Switch Gears And Cables share price performed this year?

Shares in VETO Switch Gears And Cables are currently trading at ₹144.9 and the price has moved by 0.216k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the VETO Switch Gears And Cables price has moved by 0.118k% over the past year.

What are the analyst and broker recommendations for VETO Switch Gears And Cables?

Of the analysts with advisory recommendations for VETO Switch Gears And Cables, there are there are currently 0 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for VETO Switch Gears And Cables is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will VETO Switch Gears And Cables next release its financial results?

VETO Switch Gears And Cables is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2022-03-31
What is the VETO Switch Gears And Cables dividend yield?

The VETO Switch Gears And Cables dividend yield is 0.71% based on the trailing twelve month period.

Does VETO Switch Gears And Cables pay a dividend?

Last year, VETO Switch Gears And Cables paid a total dividend of 1, and it currently has a trailing dividend yield of 0.71%. Looking ahead, VETO Switch Gears And Cables has not announced an ex-dividend date yet.

When does VETO Switch Gears And Cables next pay dividends?

VETO Switch Gears And Cables has yet to annouce their ex-dividend date. The historic dividend yield on VETO Switch Gears And Cables shares is currently 0.71%.

How do I buy VETO Switch Gears And Cables shares?

To buy shares in VETO Switch Gears And Cables you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of VETO Switch Gears And Cables?

Shares in VETO Switch Gears And Cables are currently trading at ₹144.9, giving the company a market capitalisation of £26.2m.

Where are VETO Switch Gears And Cables shares listed? Where are VETO Switch Gears And Cables shares listed?

Here are the trading details for VETO Switch Gears And Cables:

Country of listing: India
Exchange: NSI
Ticker Symbol: VETO
What kind of share is VETO Switch Gears And Cables?

Based on an overall assessment of its quality, value and momentum, VETO Switch Gears And Cables is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a VETO Switch Gears And Cables share price forecast 2021?

We were not able to load any forecast data for VETO Switch Gears And Cables.

How can I tell whether the VETO Switch Gears And Cables share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like VETO Switch Gears And Cables. Over the past six months, the relative strength of its shares against the market has been 34.49%. At the current price of ₹144.9, shares in VETO Switch Gears And Cables are trading at 33.71% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the VETO Switch Gears And Cables PE Ratio?

The VETO Switch Gears And Cables PE ratio based on its reported earnings over the past 12 months is 18.17. The shares are currently trading at ₹144.9.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of VETO Switch Gears And Cables?

VETO Switch Gears And Cables's management team is headed by:

Mohan Gurnani - NEC
Govind Thawani - NID
Akshay Gurnani - MDR
Narain Gurnani - CFO
Kanwarjeet Singh - NID
Hari Motwani - IND
Varsha Choudhary - CCO
Who are the major shareholders of VETO Switch Gears And Cables?

Here are the top five shareholders of VETO Switch Gears And Cables based on the size of their shareholding:

Gurnani Holding Pvt. Ltd. Corporation
Percentage owned: 37.3% (7.13m shares)
Gurani (Pushpa Devi) Individual Investor
Percentage owned: 6.68% (1.28m shares)
Gurnani (Akshay Kumar) Individual Investor
Percentage owned: 4.07% (779k shares)
Gurnani (Harish Kumar) Individual Investor
Percentage owned: 3.84% (733k shares)
Maven India Fund Corporation
Percentage owned: 3.63% (694k shares)
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