Veto Switchgears

VETO03 May 2024

Capital Goods - Electrical Equipment

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+0.05 (+0.04%)

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Veto Switchgears

Capital Goods - Electrical Equipment

VETO03 May 2024

₹

+0.05 (+0.04%)

OverviewFundamentals

Corporate action

Peer comparison

Income Sheet

Balance sheet

Cash flow

Share holding

About Us

Corporate Action

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

All

Dividends

Bonus

Splits

Others

Ex-Date	Type	Description	Record Date	Ratio
30-May-2023	D	Pursuant to the provisions of Regulation 30 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with corresponding circulars and notifications issued thereunder, we enclose herewith a extracts of the Audited Standalone and Consolidated Financial Results for the Fourth Quarter and Financial Year ended 31st March, 2023, of the Company along with Independent Auditors'' Report(s) with an unmodified opinion and a copy of Press Release being released in this regard. The said results are approved by the Board of Directors of the Company at its meeting held today i.e. on Tuesday, the 30th May, 2023 at Jaipur which commenced at 01:00 P.M. and concluded at 08:00 P.M. The Board of Directors decided to recommend a Final Dividend of Rs. 1/- (i.e. 10% of FV of Rs. 10) per Equity share to the Members of the Company for the Financial Year ended 31st March 2023 subject to approval of members at the 16th Annual General meeting.	22-Sep-2023
26-May-2022	D	we enclose herewith a extracts of the Audited Standalone and Consolidated Financial Results for the Fourth Quarter and Financial Year ended 31st March, 2022, of the Company along with Independent Auditors'' Report(s) with an unmodified opinion and a copy of Press Release being released in this regard. The said results are approved by the Board of Directors of the Company at its meeting held today i.e. on Thursday, the 26th May, 2022 at Jaipur which commenced at 12:00 Noon and concluded at 06:30 P.M.Further, the following decisions were also taken by the Board:- The Board of Directors decided to recommend a Final Dividend of Rs. 1/- (i.e. 10% of FV of Rs. 10) per Equity share to the Members of the Company for the Financial Year ended 31st March 2022 subject to approval of members at the 15th Annual General meeting.	20-Sep-2022
30-Jun-2021	D	The Board of Directors of the Company at its meeting held today i.e. on Wednesday, the 30th June, 2021 at Jaipur which commenced at 01:00 P.M. and concluded at 03:15 P.M. Approved of the Audited Standalone and Consolidated Financial Results for the Fourth Quarter and Financial Year ended 31st March, 2021. The Board of Directors decided to recommend a Final Dividend @ 10% (Rs. 1/-) per Equity share to the Members of the Company for the Financial Year ended 31st March 2021 subject to approval of members at the 14th Annual General meeting.	21-Sep-2021
28-May-2018	D	Veto Switchgears and Cables Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2018, inter alia, have considered and approved Final Dividend of Rs. 2.00/- per share to the Members of the Company subject to approval of shareholders at General Meeting for the financial year ending March 31, 2018.	25-Sep-2018
30-May-2017	D	Veto Switchgears and Cables Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2017, inter alia, has recommended Final Dividend of Re. 1.00 per share having face value of Rs. 10/- per share (i.e. 10% of F.V.) subject to approval of shareholders at General Meeting for the Financial Year ending March 31, 2017.	25-Sep-2017
13-Feb-2017	D	Veto Switchgears and Cables Ltd has informed BSE that the Board of Directors of the Company at their meeting held on February 13, 2017, has inter-alia, consented to the following: 1. Declared Interim Dividend of Re. 1 per share having face value of Rs. 10/- per share (i.e. 10% of F.Y.) for the Financial Year 2016-17.	22-Feb-2017
24-May-2016	D	Veto Switchgears and Cables Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 23, 2016, inter alia, have considered and approved Final Dividend of Rs. 1.50/- per share to the Members of the Company subject to approval of shareholders at General Meeting for the financial year ending March 31, 2016.	22-Sep-2016
18-Jan-2016	D	Veto Switchgears and Cables Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 18, 2016, inter alia, have considered and approved an interim Dividend of Rs. 0.50/- per share to the Members of the Company.	28-Jan-2016
05-Sep-2013	B	1:10 Bonus Issue of Equity Shares	10-Sep-2013	1:10
07-Feb-2024	BC	Veto Switchgears And Cables Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2024 inter alia to consider and approve 1. To consider approve and adop	13-Feb-2024
31-Jan-2024	BC	VETO SWITCHGEARS AND CABLES LIMITED has informed BSE about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent. Details are as under: Details Reason	01-Feb-2024
31-Jan-2024	BC	Intimation pursuant to regulation 30 regarding resignation of Company Secretary cum Compliance officer 1. Considered and approved the resignation of Mrs. Varsha Ranee Chouidhary from the post of C	31-Jan-2024
31-Jan-2024	BC	Intimation pursuant to regulation 30 regarding resignation of Company Secretary cum Compliance officer	31-Jan-2024
02-Dec-2023	BC	Veto Electropowers (India) Pvt Ltd & PACs	01-Dec-2023

Announcement Date30-May-2023

Ex Dividend Date22-Sep-2023

Dividend(%)10

Announcement Date26-May-2022

Ex Dividend Date20-Sep-2022

Dividend(%)10

Announcement Date30-Jun-2021

Ex Dividend Date21-Sep-2021

Dividend(%)10

Announcement Date28-May-2018

Ex Dividend Date25-Sep-2018

Dividend(%)20

Announcement Date30-May-2017

Ex Dividend Date25-Sep-2017

Dividend(%)10

Announcement Date13-Feb-2017

Ex Dividend Date22-Feb-2017

Dividend(%)10

Announcement Date24-May-2016

Ex Dividend Date22-Sep-2016

Dividend(%)15

Announcement Date18-Jan-2016

Ex Dividend Date28-Jan-2016

Dividend(%)5

No Rights has been declared by VETO

Book Closure

Record Date	Split Date	Purpose
13-Feb-2024	-	Veto Switchgears And Cables Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2024 inter alia to consider and approve 1. To consider approve and adop
01-Feb-2024	-	VETO SWITCHGEARS AND CABLES LIMITED has informed BSE about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent. Details are as under: Details Reason
31-Jan-2024	-	Intimation pursuant to regulation 30 regarding resignation of Company Secretary cum Compliance officer 1. Considered and approved the resignation of Mrs. Varsha Ranee Chouidhary from the post of C
31-Jan-2024	-	Intimation pursuant to regulation 30 regarding resignation of Company Secretary cum Compliance officer
01-Dec-2023	-	Veto Electropowers (India) Pvt Ltd & PACs

Peer Comparison

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Scrip Name	Price	Daily Change	M.Cap (Cr)	1 Year Returns %	P/E (TTM)	PB Ratio
Veto Switchgears & Cables Ltd ₹130.40(+0.05/0.04%)	130.40	+0.05	249.26	39.15	10.91	1.14
GE T&D India Ltd ₹1,123.65(-23.70/-2.07%)	1,123.65	-23.70	28,771.06	539.71	324.75	25.35
Jyoti Ltd ₹67.83(-3.56/-4.99%)	67.83	-3.56	156.64	305.44	15.59	-2.04
Bharat Bijlee Ltd ₹3,299.20(-12.60/-0.38%)	3,299.20	-12.60	3,729.13	146.65	33.97	2.53
ABB India Ltd ₹6,698.75(+19.40/0.29%)	6,698.75	+19.40	141,952.12	93.86	113.81	23.88
CG Power & Industrial Solutions Ltd ₹548.00(-1.35/-0.25%)	548.00	-1.35	83,697.86	75.58	94.65	28.05

Income Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22
Gross Sales	54.96	51.31	41.63	59.85	47.51	52.09
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	54.96	51.31	41.63	59.85	47.51	52.09
Other Operating Income	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	0.88	1.11	0.84	9.47	1.06	1.02
Total Income	55.84	52.42	42.48	69.32	48.57	53.11
Total Expenditure	48.27	43.79	36.32	54.41	40.50	44.87
PBIDT	7.57	8.63	6.16	14.91	8.07	8.24
Interest	0.44	0.97	0.69	1.09	0.96	0.65
PBDT	7.13	7.66	5.47	13.82	7.11	7.59
Depreciation	0.64	0.55	0.61	0.55	0.58	0.54
Tax	1.75	1.83	1.47	4.28	1.64	1.75
Deferred Tax	0.53	-0.01	-0.28	-0.70	0.19	0.00
Reported Profit After Tax	4.20	5.29	3.66	9.68	4.69	5.29
Extra-ordinary Items	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	4.20	5.29	3.66	9.68	4.69	5.29

EPS (Unit Curr.)	2.20	2.77	1.92	5.07	2.46	2.77
EPS (Adj) (Unit Curr.)	2.20	2.77	1.92	5.07	2.46	2.77
Calculated EPS (Unit Curr.)	2.20	2.77	1.92	5.07	2.46	2.77
Calculated EPS (Adj) (Unit Curr.)	2.20	2.77	1.92	5.07	2.46	2.77
Calculated EPS (Ann.) (Unit Curr.)	8.80	11.08	7.66	20.26	9.82	11.07
Calculated EPS (Adj) (Ann.) (Unit Curr.)	8.80	11.08	7.66	20.26	9.82	11.07
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	19.12	19.12	19.12	19.12	19.12	19.12
Reserve & Surplus	0.00	0.00	0.00	0.00	0.00	0.00
Face Value	10.00	10.00	10.00	10.00	10.00	10.00

Public Shareholding (No. Of Shares)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	13.77	16.82	14.80	24.91	16.99	15.82
PBDTM(%)	12.97	14.93	13.14	23.09	14.97	14.57
PATM(%)	7.64	10.31	8.79	16.17	9.87	10.16

Column	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22
Gross Sales	82.05	71.64	66.96	84.14	71.67	75.45
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	82.05	71.64	66.96	84.14	71.67	75.45
Other Operating Income	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	0.39	0.34	0.41	1.81	1.93	0.31
Total Income	82.43	71.99	67.38	85.95	73.60	75.76
Total Expenditure	73.32	61.64	59.14	77.92	64.95	64.80
PBIDT	9.11	10.35	8.24	8.04	8.65	10.96
Interest	0.87	1.57	0.97	1.41	1.17	0.72
PBDT	8.24	8.78	7.27	6.63	7.48	10.24
Depreciation	0.79	0.70	0.76	0.66	0.70	0.65
Minority Interest Before NP	0.00	0.00	0.00	0.00	0.00	0.00
Tax	2.03	1.98	1.88	4.46	1.91	2.51
Deferred Tax	0.53	0.05	-0.26	-0.69	0.16	0.03
Reported Profit After Tax	4.89	6.05	4.90	2.21	4.71	7.05
Minority Interest After NP	0.11	0.07	0.05	0.21	0.03	0.09
Net Profit after Minority Interest	4.78	5.98	4.85	2.00	4.68	6.96

Extra-ordinary Items	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	4.78	5.98	4.85	2.00	4.68	6.96

EPS (Unit Curr.)	2.56	3.16	2.56	1.15	2.46	3.69
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	19.12	19.12	19.12	19.12	19.12	19.12

Public Shareholding (Number)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (%)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	11.10	14.45	12.31	9.56	12.07	14.53
PBDTM(%)	10.04	12.26	10.86	7.88	10.44	13.57
PATM(%)	5.96	8.45	7.32	2.63	6.57	9.34

Balance Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	19.12	19.12	19.12	19.11	19.11	18.33
Reserves Total	191.47	170.48	149.70	133.44	122.32	90.66
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	19.13
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	210.59	189.60	168.82	152.55	141.43	128.12
Secured Loans	27.27	37.03	34.00	25.14	40.16	37.66
Unsecured Loans	0.29	0.91	0.00	0.85	0.00	0.00
Total Debt	27.56	37.94	34.00	25.99	40.16	37.66
Total Liabilities	238.15	227.54	202.82	178.54	181.59	165.78
APPLICATION OF FUNDS :
Gross Block	45.16	44.98	44.71	41.59	39.26	30.46
Less : Accumulated Depreciation	21.24	19.46	17.76	15.90	14.15	12.87
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	23.92	25.52	26.95	25.69	25.11	17.59
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	0.00	0.00	0.00	2.39	0.26	7.32
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	39.36	39.36	39.36	12.70	1.92	1.93
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	67.47	69.68	65.11	59.39	58.69	43.29
Sundry Debtors	88.31	74.11	62.26	48.92	46.17	53.96
Cash and Bank	3.82	2.28	3.11	7.17	12.71	2.37
Loans and Advances	6.79	7.08	5.03	4.26	3.74	8.23
Total Current Assets	166.39	153.15	135.51	119.73	121.30	107.84
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	17.87	14.69	14.94	14.70	11.46	9.04
Provisions	1.39	2.48	0.82	0.16	0.19	5.44
Total Current Liabilities	19.26	17.17	15.76	14.86	11.65	14.49
Net Current Assets	147.13	135.98	119.75	104.87	109.66	93.35
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	3.81	3.30	2.78	2.70	2.53	2.85
Deferred Tax Liability	0.00	0.00	0.00	0.00	0.00	0.00
Net Deferred Tax	3.81	3.30	2.78	2.70	2.53	2.85
Total Assets	214.22	204.16	188.83	148.35	139.49	123.04
Contingent Liabilities	1.25	0.03	0.16	0.35	0.11	0.11

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	19.12	19.12	19.12	19.11	19.11	18.33
Reserves Total	213.77	193.52	174.68	158.65	148.20	110.99
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	19.13
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	232.89	212.64	193.80	177.76	167.31	148.45
Minority Interest	0.89	0.68	0.51	0.00	0.00	0.00
Secured Loans	41.40	44.18	34.27	23.92	40.16	37.66
Unsecured Loans	1.98	2.75	0.75	2.07	0.00	0.00
Total Debt	43.38	46.93	35.02	25.99	40.16	37.66
Policy Holders Fund	0.00	0.00	0.00	0.00	0.00	0.00
Other Liabilities	6.26	7.45	7.32	0.26	0.14	0.00
Total Liabilities	283.42	267.70	236.65	204.01	207.61	186.11
APPLICATION OF FUNDS :
Gross Block	63.98	63.73	62.81	56.05	44.69	35.88
Less: Accumulated Depreciation	23.48	21.21	18.82	16.38	14.48	13.03
Less: Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	40.50	42.52	43.99	39.67	30.21	22.85
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	6.52	2.60	2.12	3.04	0.26	7.32
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.01	0.01	0.01	0.01	0.01	0.01
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	104.88	122.22	112.08	90.11	98.11	44.63
Sundry Debtors	138.59	118.93	90.62	59.48	60.98	106.55
Cash and Bank	15.25	9.45	12.59	15.70	15.08	3.15
Loans and Advances	9.42	7.10	7.28	7.61	11.23	12.46
Total Current Assets	268.14	257.70	222.57	172.90	185.39	166.79
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	36.32	38.10	35.69	15.84	12.60	10.07
Provisions	1.52	2.83	1.17	0.16	0.19	5.44
Total Current Liabilities	37.85	40.92	36.86	16.00	12.79	15.51
Net Current Assets	230.30	216.78	185.70	156.90	172.60	151.27
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	3.40	2.91	2.39	2.47	2.29	2.73
Deferred Tax Liability	0.00	0.00	0.00	0.00	0.00	0.00
Net Deferred Tax	3.40	2.91	2.39	2.47	2.29	2.73
Other Assets	2.69	2.88	2.43	1.94	2.25	1.91
Total Assets
Contingent Liabilities	1.25	0.03	0.16	0.35	0.11	0.11

Cash Flow

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

PARTICULARS	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash and Cash Equivalents at Beginning of the year	2.28	3.11	6.71	12.27	2.01
Net Cash from Operating Activities	5.09	1.40	3.13	10.95	2.45
Net Cash Used In Investing Activities	12.28	0.33	-13.90	2.41	5.18
Net Cash Used In Financing Activities	-15.83	-2.57	7.17	-18.92	2.63
Net Inc./Dec In Cash And Cash Equivalents	1.55	-0.84	-3.59	-5.57	10.26
Cash And Cash Equivalents At End Of The Year	3.82	2.28	3.11	6.71	12.27

Share Holding

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Promoter Shareholding

45.06%

FII Shareholding

0.01%

DII Shareholding

0.00%

Public Shareholding

54.93%

**Promoter pledged shareholding 45.06%

About Veto Switchgears & Cables Ltd

Veto Switchgears & Cables Ltd is in the Capital Goods - Electrical Equipment sector, having a market capitalization of Rs. 249.26 crores. It has reported a sales of Rs. 54.96 crores and a net profit of Rs. 4.2 crores for the quarter ended December 2018. The company management includes , Akshay Kumar Gurnani,Govind Ram Thawani,Narain Das Gurnani,Jyoti Gurnani,Kanwarjeet Singh,Hari Krishan Motwani,Varsha Ranee Choudhary,Sanjeev Kumar Dass (Veto Switchgears & Cables Ltd) among others.

Chairman

Registered office

506 5 Flr Plot B-9 New Link Rd,Landmark Building Andheri (W),Mumbai,Maharashtra,400058

FAX :91-141-4100410

Background

Incorporation Year2007

Face Value₹10

Market Lot1

How to buy Veto Switchgears shares on nse?

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What is the Veto Switchgears share price today?

The Veto Switchgears shares price on nse is Rs.130.4 today.

What is the market cap of Veto Switchgears shares on BSE ?

The company has a market capitalization of Rs.249.26Cr

What is the PE & PB ratio of Veto Switchgears shares ?

PE is 10.91 and PB is 1.14

What is the 52 Week High and Low of Veto Switchgears shares?

Veto Switchgears stock price high: Rs.156.35 Veto Switchgears stock price low: Rs.92