Veto Switchgears & Cables

Small Cap 3.9k Result

₹125.55

7.75 (6.58%)

As on 29 November, 2023 | 02:20 BSE: 539331 NSE: VETOISIN: INE918N01018

Veto Switchgears & Cables Performance

Day Range

Low 117.4
High 131.5

125.55

52 Week Range

Low 71.45
High 147

125.55

Open Price119.7
Previous Close118.2
Volume1512469

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Veto Switchgears & Cables Share Price

Over 1 Month 10.86%
Over 3 Month -9.64%
Over 6 Month 17.45%
Over 1 Year 8.61%

Veto Switchgears & Cables Key Statistics

P/E Ratio	13.7
PEG Ratio	-0.4
Market Cap Cr	240
Price to Book Ratio	1
EPS	12
Dividend	0.8
Relative Strength Index	63.88
Money Flow Index	80.14
MACD Signal	-1.06
Average True Range	4.85

Veto Switchgears & Cables Investment Rating

Master Rating:
Veto Switchgears Cbls. has an operating revenue of Rs. 294.42 Cr. on a trailing 12-month basis. An annual revenue growth of 9% is good, Pre-tax margin of 10% is healthy, ROE of 8% is fair but needs improvement. The company has a reasonable debt to equity of 4%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 9% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 49 which is a POOR score indicating inconsistency in earnings, a RS Rating of 24 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 90 indicates it belongs to a poor industry group of Electrical-Power/Equipmt and a Master Score of C is fair but needs to improve. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Veto Switchgears & Cables Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	51	42	60	48	52	37	54
Operating Expenses Qtr Cr	44	36	54	41	45	32	47
Operating Profit Qtr Cr	8	5	5	7	7	4	7
Depreciation Qtr Cr	1	1	1	1	1	1	1
Interest Qtr Cr	1	1	1	1	1	1	1
Tax Qtr Cr	2	1	4	2	2	1	2
Net Profit Qtr Cr	5	4	10	5	5	3	4

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	209	184
Operating Expenses Annual Cr	172	147
Operating Profit Annual in Cr	24	26
Depreciation Cr	2	3
Interest Annual Cr	4	3
Tax Annual Cr	8	8
Net Profit Annual Cr	23	23

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	5	1
Cash from Investing Activity Annual Cr	12	0
Cash from Financing Annual Activity Cr	-16	2
Net Cash Flow Annual Cr	2	3

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	211	190
Fixed Assets Annual Cr	24	26
Total Non Current Assets Annual Cr	96	97
Total Current Assets Annual Cr	166	151
Total Assets Annual Cr	262	249

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	110	99
ROE Annual %	11	12
ROCE Annual %	15	17
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	19	21

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	72	67	84	72	75	60	79
Operating Expenses Qtr Cr	62	59	78	65	65	50	72
Operating Profit Qtr Cr	10	8	6	6	11	10	7
Depreciation Qtr Cr	1	1	1	1	1	1	1
Interest Qtr Cr	2	1	1	1	1	1	1
Tax Qtr Cr	2	2	4	2	3	2	3
Net Profit Qtr Cr	6	5	2	5	7	6	5

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	296	271
Operating Expenses Annual Cr	257	234
Operating Profit Annual in Cr	34	34
Depreciation Cr	3	3
Interest Annual Cr	5	4
Tax Annual Cr	10	10
Net Profit Annual Cr	20	20

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	18	-8
Cash from Investing Activity Annual Cr	-4	0
Cash from Financing Annual Activity Cr	-10	5
Net Cash Flow Annual Cr	4	-4

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	233	213
Fixed Assets Annual Cr	47	45
Total Non Current Assets Annual Cr	53	51
Total Current Assets Annual Cr	268	258
Total Assets Annual Cr	321	309

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	122	112
ROE Annual %	9	9
ROCE Annual %	14	15
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	13	14

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Veto Switchgears & Cables Technicals

EMA & SMA

Current Price

₹125.55

7.75 (6.58%)

Bullish Moving Average
___
16

Bearish Moving Average
___
0

EMA SMA

20 Day
₹117.91

50 Day
₹119.42

100 Day
₹117.95

200 Day
₹113.35

20 Day
₹117.07

50 Day
₹120.76

100 Day
₹121.2

200 Day
₹107.56

Veto Switchgears & Cables Resistance and Support

PIVOT

₹124.82

Resistance
First Resistance	₹132.24
Second Resistance	₹138.92
Third Resistance	₹146.34

RSI	63.88
MFI	80.14
MACD Single Line	-1.06
MACD	-0.12

Support
First Resistance	₹118.14
Second Resistance	₹110.72
Third Resistance	₹104.04

Veto Switchgears & Cables Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	1,571,803	47,625,631	30.3
Week	458,800	15,645,071	34.1
1 Month	153,414	6,644,348	43.31
6 Month	339,307	14,135,548	41.66

Veto Switchgears & Cables Result Highlights

Veto Switchgears & Cables Synopsis

NSE-Electrical-Power/Equipmt

Veto Switchgears & C is involved in the business activities of Manufacture of other electronic and electric wires and cables. Company’s Total Operating Revenue is Rs. 196.06 Cr. and Equity Capital is Rs. 19.12 Cr. for the Year ended 31/03/2023. Veto Switchgears & Cables Ltd. is a Public Limited Listed company incorporated on 20/06/2007 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L31401MH2007PLC171844 and registration number is 171844.

Market Cap	240
Sales	200
Shares in Float	1.01
No of funds
Yield	0.85

Book Value	1.14
U/D Vol ratio	0.4
LTDebt / Equity	5
Alpha	0.03
Beta	1.05