Veto Switchgears And Cables Limited (NSE: VETO, BSE: 539331) is a Jaipur, Rajasthan-based company in the Electric Lighting and Wiring Equipment industry. With a market capitalisation of ₹255 Cr, it ranks #2,460 by market cap among the 6,137 Indian listed companies on FinBizNet, and #18 of 32 in Electric Lighting and Wiring Equipment. At ₹122.73 (as of 25 Oct 2026), the share price is 21.3% below its 52-week high of ₹155.90 and 49.1% above its 52-week low of ₹82.32. The share price is up 6.2% over one year and up 1.0% over three months.
| Current Price | ₹122.73 |
|---|---|
| Market Cap | ₹255 Cr |
| NSE Symbol | VETO |
| BSE Code | 539331 |
| Sector | Industrials > Capital Goods > Electrical Equipment |
| Sub-Industry | Electrical Components and Equipment > Electric Lighting and Wiring Equipment |
| P/E Ratio | 10.3 |
| Return on Equity | 8.82% |
| Return on Assets | 5.71% |
| 52-Week Range | ₹82.32 – ₹155.90 |
| 1-Year Price Change | +6.2% |
| 3-Month Price Change | +1.0% |
| Beta (1Y) | 0.28 |
| Dividend Yield | 0.74% |
| Headquarters | Jaipur, Rajasthan |
| Website | www.vetoswitchgears.com |
| Revenue | ₹89 Cr |
|---|---|
| Net Profit | ₹6 Cr |
| Net Margin | 6.5% |
| EPS (Basic) | ₹3.10 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Veto Switchgears and Cables Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables, and electrical accessories in India and internationally. It operates through Wire and Cables, Lighting & Fittings, and Accessories & Others segments. The company offers modular switches; LED lightning, including slim LED panel, concealed light, deep light, spotlight, flood light, streetlight, strip light, rope light, LED bulb, LED tube light, wall and track light, and surface panel; and wire and cables, comprising Vimal multi strand cables, Veto multistrand cables, and Vimal flexible wire. It also provides fans, such as ceiling, wall, pedestal, and table fans; MCB and distribution board, which includes circuit breaker, distribution panels, isolator, and AC box. In addition, the company offers bells and extension cords, which comprise ding dong, stereo, and multi tune bells, as well as extension cords. The company markets its products under the VETO and VIMAL POW
1. Manufacturing and Trading of Wires, Cables & Electrical Accessories-0 2. Accessories & Others-0 3. Wire & Cables-0 4. Lighting & Fittings-0
1. Wire & Cables-24% 2. Lighting & Fittings-42.9% 3. Accessories & Others-33.1%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Havells India Ltd | ₹70,350 Cr | 40.8 | 18.97% | ₹6,432 Cr | -30.1% |
| Finolex Cables Limited (Fincables) | ₹20,918 Cr | 27.5 | 12.33% | ₹2,013 Cr | +37.8% |
| V-Guard Industries Ltd | ₹12,558 Cr | 40.7 | 13.79% | ₹1,811 Cr | -25.2% |
| Spectrum Electrical Industries Limited | ₹5,950 Cr | 130 | 20.42% | ₹155 Cr | +182.2% |
| Concord Control Systems Limite | ₹2,579 Cr | 60 | — | — | +36.6% |
| Quadrant Future Tek Ltd | ₹1,813 Cr | -41.2 | -15.45% | ₹41 Cr | +4.2% |
| IKIO Technologies Limited | ₹1,432 Cr | 37.1 | 7.10% | ₹169 Cr | -19.2% |
| Salzer Electronics Ltd. | ₹879 Cr | 16.4 | 9.31% | ₹498 Cr | -43.7% |
| Veto Switchgears And Cables Limited | ₹255 Cr | 10.3 | 8.82% | ₹89 Cr | +6.2% |
Listed by market capitalisation. Ratios are shown for context only.
Veto Switchgears And Cables Limited is trading at ₹122.73, with a market capitalisation of ₹255 Cr.
Veto Switchgears And Cables Limited operates in the Industrials > Capital Goods > Electrical Equipment space (Electrical Components and Equipment > Electric Lighting and Wiring Equipment).
Veto Switchgears And Cables Limited has a P/E of 10.3 and a return on equity of 8.82%.
Veto Switchgears And Cables Limited is listed on the NSE under the symbol VETO and on the BSE under the scrip code 539331.
Veto Switchgears And Cables Limited's share price is up 6.2% over one year and up 1.0% over three months. Its 52-week range is ₹82.32 to ₹155.90.
In Q1 FY27, Veto Switchgears And Cables Limited reported revenue of ₹89 Cr and net profit of ₹6 Cr, with basic EPS of ₹3.1 (consolidated, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.