Veto Switchgears and Cables Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Veto Switchgears and Cables Limited's yearly results (2023–2026), compared with Industrials companies in India. Tap ? on any ratio for what it means.
What stands out
- Tangible Net Worth Ratio: Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies. More tangible than 95% of Industrials companies in India.
- Tangible Assets Ratio: Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. More tangible than 94% of Industrials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹82Over the last 3 years, every ₹100 of reported profit came with ₹82 of operating cash.
Higher than 50% of Industrials companies in India.
Self-Funding Ratio
1.7×Over the last 3 years its own operating cash covered its investment spending (capex) 1.7 times.
Higher than 65% of Industrials companies in India.
Cash Locked Ratio
₹49For every ₹100 of sales, ₹49 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹71 tied up three years earlier.
More money tied up than 81% of Industrials companies in India.
Growth quality
Steadiness Ratio
3/3 · 2/3Sales grew in 3 of the last 3 years; profit grew in 2 of 3.
Steadier than 61% of Industrials companies in India.
Growth Efficiency Ratio
₹5Sales grew 33% in 3 years; of every extra ₹100 of sales, ₹5 became extra profit.
Lower than 66% of Industrials companies in India.
Asset Productivity Ratio
+33% / +24%In 3 years sales changed by +33% while total assets changed by +24%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
0.6×Debt due within a year is covered 0.6 times by its yearly operating cash.
Higher than 50% of Industrials companies in India.
Cash Cushion Ratio
−8%Debt, after subtracting cash, equals 8% of its market value (net debt).
Lower than 60% of Industrials companies in India.
Tangible Assets Ratio
100%Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 94% of Industrials companies in India.
Tangible Net Worth Ratio
100%Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 95% of Industrials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Veto Switchgears and Cables Limited owes ₹0.27 for every ₹1 it owns. Net profit rose 14% in the year to Mar 2026, and grew 7% a year on average over 3 years.
Compared with Industrials companies in India · latest annual results Mar 2026.
P/E ratio
8.9Investors pay ₹8.9 for every ₹1 of Veto Switchgears and Cables Limited's yearly profit, lower than 91% of Industrials companies in India.
P/B ratio
0.85The share price is 0.85 times Veto Switchgears and Cables Limited's book value per share, lower than 87% of Industrials companies in India.
Market cap
₹245 CrThe total market value of all of Veto Switchgears and Cables Limited's shares at today's price (share price × number of shares), smaller than 86% of Industrials companies in India. PosiCap size class: Micro Cap.
Net worth (book value)
₹290 CrWhat Veto Switchgears and Cables Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹151.55Net worth divided by the number of shares. The share price of ₹128.09 is 0.8 times this, which is the P/B above.
Return on equity (ROE)
9.5%Veto Switchgears and Cables Limited earned 9.5% on its shareholders' money over the last year, lower than 61% of Industrials companies in India.
Owes vs Owns
0.27×Veto Switchgears and Cables Limited owes ₹0.27 for every ₹1 it owns (low), lower than 76% of Industrials companies in India.
Dividend yield
0.74%Veto Switchgears and Cables Limited pays 0.74% of its share price as dividends a year, higher than 63% of dividend-paying Industrials companies in India.
Revenue growth
+29%Revenue rose 29% in the year to Mar 2026, and grew 10% a year on average over 3 years.
Profit growth
+14%Net profit rose 14% in the year to Mar 2026, and grew 7% a year on average over 3 years.
Profit margin
6.5%Veto Switchgears and Cables Limited keeps ₹7 of every ₹100 of revenue as net profit.
Cash quality
0.4×Cash from Veto Switchgears and Cables Limited's business was 0.4× its reported profit in the year to Mar 2026 — less cash came in than the profit reported.
Interest cover
Not coveredVeto Switchgears and Cables Limited's operating profit did not cover its interest costs in the year to Mar 2026.
Cash vs debt
Net debtVeto Switchgears and Cables Limited had ₹20 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Veto Switchgears and Cables Limited's P/E ratio?
Investors pay ₹8.9 for every ₹1 of Veto Switchgears and Cables Limited's yearly profit, lower than 91% of Industrials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Veto Switchgears and Cables Limited: ₹245 Cr ÷ ₹290 Cr (31 Mar 2026) = 0.8.
What is Veto Switchgears and Cables Limited's return on equity?
Veto Switchgears and Cables Limited earned 9.5% on its shareholders' money over the last year, lower than 61% of Industrials companies in India.
How much does Veto Switchgears and Cables Limited owe compared with what it owns?
Veto Switchgears and Cables Limited owes ₹0.27 for every ₹1 it owns (low), lower than 76% of Industrials companies in India.
Does Veto Switchgears and Cables Limited pay a dividend?
Yes. Veto Switchgears and Cables Limited pays 0.74% of its share price as dividends a year, higher than 63% of dividend-paying Industrials companies in India.
Is Veto Switchgears and Cables Limited's revenue growing?
Revenue rose 29% in the year to Mar 2026, and grew 10% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.