VETO
UNDERVALUEDVeto Switchgears And Cables Limited
Others · NSE
↑ 55.1% vs fair value
52W Low
₹82
+36.5% from low
52W High
₹141
-20.3% from high
Valuation Gauge
Current Price
₹112
Fair Value
₹251
Fair Value Analysis
₹251
Based on balance sheet strength analysis and earnings growth potential for Others sector companies | Sector-cheap: P/E at 14th percentile vs sector peers.
Balance Sheet Value
50% weight
Growth Valuation
50% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Solid Fundamentals
Profitability
ROE of 8.4% is acceptable for Others sector (benchmark: 15%)
Debt & Leverage
D/E ratio of 0.1x is well within the Others sector norm of 0.8x — strong balance sheet
Valuation vs Peers
P/E of 8.8x trades at a 78% discount to Others sector median (40x) — attractively valued
Cash Flow
Negative FCF of ₹-5 Cr — company is consuming more cash than it generates
Earnings Growth
5yr EPS CAGR of 3.4% is well below Others sector average of 12.0%
Dividend
Dividend yield of 0.9% provides moderate shareholder returns
Company Health Timeline
10-year financial health at a glance
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
-1.5%
Free cash flow / market cap
Revenue Growth (YoY)
+24.4%
Year-on-year revenue change
Profit Growth (YoY)
+72.7%
Year-on-year PAT change
Operating Cash Flow
₹15 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹12.5
P/E Ratio
8.8x
P/B Ratio
0.7x
ROE
8.4%
ROCE
11.4%
Debt / Equity
0.06x
Beta
0.24
Div Yield
0.9%
FCF (Cr)
₹-5 Cr
Revenue (Cr)
₹300 Cr
EPS Growth 5Y
3.4%
Mkt Cap (Cr)
₹209 Cr
52W High
₹141
52W Low
₹82.3
Book Value/Share
₹151.9
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹337 Cr | ₹35 Cr | 10.0% | ₹23 Cr | ₹12.50 |
| 2025-03-31 | ₹300 Cr | ₹32 Cr | 11.0% | ₹22 Cr | ₹11.58 |
| 2024-03-31 | ₹300 Cr | ₹31 Cr | 10.0% | ₹18 Cr | ₹9.39 |
| 2023-03-31 | ₹290 Cr | ₹33 Cr | 11.0% | ₹20 Cr | ₹10.59 |
| 2022-03-31 | ₹267 Cr | ₹34 Cr | 13.0% | ₹20 Cr | ₹10.47 |
| 2021-03-31 | ₹181 Cr | ₹24 Cr | 13.0% | ₹15 Cr | ₹7.74 |
| 2020-03-31 | ₹150 Cr | ₹19 Cr | 13.0% | ₹9 Cr | ₹4.85 |
| 2019-03-31 | ₹218 Cr | ₹21 Cr | 10.0% | ₹12 Cr | ₹6.05 |
| 2018-03-31 | ₹253 Cr | ₹41 Cr | 16.0% | ₹29 Cr | ₹15.81 |
| 2017-03-31 | ₹239 Cr | ₹25 Cr | 11.0% | ₹18 Cr | ₹10.00 |
| 2016-03-31 | ₹177 Cr | ₹26 Cr | 15.0% | ₹13 Cr | ₹7.14 |
| 2015-03-31 | ₹97 Cr | ₹15 Cr | 16.0% | ₹7 Cr | ₹3.90 |
| 2014-03-31 | ₹94 Cr | ₹11 Cr | 11.0% | ₹6 Cr | ₹3.32 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Others| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
AVRO INDIA LIMITED | ₹10.3 | ₹75.8 | +86.5% | 38.2 | — | UNDERVALUED |
Magnum Ventures Limited | ₹19.8 | ₹119.4 | +83.4% | — | -1.6% | UNDERVALUED |
DCM Shriram Industries Limited | ₹41.7 | ₹196.1 | +78.7% | 3 | 12.6% | UNDERVALUED |
Star Paper Mills Limited | ₹141.5 | ₹657.4 | +78.5% | 5.6 | 44.2% | UNDERVALUED |
HB Stockholdings Limited | ₹60.5 | ₹281.1 | +78.5% | 3.8 | 13.1% | UNDERVALUED |
Balkrishna Paper Mills Limited | ₹18.7 | ₹80.6 | +76.8% | 3.1 | 26.1% | UNDERVALUED |
Heads UP Ventures Limited | ₹7.1 | ₹28.8 | +75.3% | 3.9 | — | UNDERVALUED |
Credo Brands Marketing Limited | ₹88.5 | ₹305.8 | +71.1% | 10.9 | 16.4% | UNDERVALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
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