Veto Switchgears and Cables quarterly results and financials

Veto Switchgears and Cables (VETO)₹138.14+1.20%(9 Nov 2026 close)Consumer Electronics

Key facts

In the Jun 2026 quarter (consolidated), Veto Switchgears and Cables reported sales of ₹89.57 Cr, up 37.8% from Jun 2025, and net profit of ₹5.87 Cr, up 70.6% year on year. For the year to Mar 2026, sales were ₹388 Cr and net profit ₹25.10 Cr.

Sales (Jun 2026): ₹89.57 Cr
Net profit (Jun 2026): ₹5.87 Cr
Sales (FY Mar 2026): ₹388 Cr
Net profit (FY Mar 2026): ₹25.10 Cr
EPS (Jun 2026): ₹3.11
Borrowings (Mar 2026): ₹20.96 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Veto Switchgears and Cables quarterly results

₹ crore unless stated; each column is a quarter.

Veto Switchgears and Cables Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	71.83	82.30	79.67	61.39	74.45	75.91	89.44	65.01	89.05	94.48	139	89.57
Expenses	61.78	73.52	75.30	54.23	65.90	70.66	78.52	58.70	80.62	84.68	126	80.11
Operating Profit	10.00	8.73	4.33	7.09	8.55	5.20	10.83	6.29	8.36	9.82	13.27	9.43
OPM %	14.0%	10.7%	5.5%	11.7%	11.6%	6.9%	12.3%	9.8%	9.5%	10.5%	9.6%	10.6%
Other Income	0.35	0.40	3.60	0.43	0.16	1.46	0.53	0.36	0.86	0.56	0.20	0.54
Interest	1.58	0.88	0.74	0.40	0.05	0.51	0.72	0.64	0.38	0.48	0.52	0.75
Depreciation	0.69	0.78	0.47	0.62	0.65	0.92	0.83	1.08	1.01	1.12	1.08	1.00
Profit before tax	8.04	7.42	6.67	6.47	7.98	5.19	9.76	4.91	7.79	8.72	11.80	8.19
Tax %	25.2%	34.4%	66.9%	24.9%	25.5%	30.4%	25.2%	30.2%	22.5%	28.5%	25.8%	28.9%
Net Profit	6.07	4.90	2.24	4.90	5.99	3.64	7.36	3.44	6.10	6.29	8.84	5.87
EPS (Rs)	3.14	2.51	1.12	2.55	3.10	1.97	3.95	1.94	3.19	3.46	4.60	3.11

Veto Switchgears and Cables profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Veto Switchgears and Cables Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	178	240	254	219	150	182	268	291	301	301	388	412
Expenses	151	215	213	197	131	158	234	258	270	270	350	371
Operating Profit	25.99	24.99	41.02	20.99	18.99	24.01	34.01	32.99	31.02	31.99	38.01	40.88
OPM %	15.1%	11.1%	16.1%	10.1%	13.1%	13.1%	13.1%	11.1%	10.1%	11.1%	10.1%	9.9%
Other Income	−4.01	2.01	2.01	0.00	1.01	2.01	3.01	5.01	5.01	3.01	2.01	2.16
Interest	5.01	4.01	3.01	4.01	4.01	2.01	4.01	5.01	4.01	2.01	2.01	2.13
Depreciation	1.99	1.99	1.99	0.99	1.99	1.99	2.99	2.99	2.99	2.99	3.99	4.21
Profit before tax	14.95	20.91	38.84	15.95	13.94	20.91	29.86	29.89	28.88	29.86	32.87	36.50
Tax %	15.0%	14.0%	26.0%	27.0%	33.0%	31.1%	32.0%	33.0%	37.1%	26.0%	26.0%	—
Exceptional items	−4.29	0.04	0.04	0.00	0.00	0.02	0.08	0.00	0.02	0.03	0.00	—
Net Profit	13.05	18.06	29.08	12.05	9.03	15.06	20.08	20.06	18.05	22.07	25.10	27.10
EPS (Rs)	7.15	10.02	15.84	6.06	4.86	7.76	10.48	10.62	9.41	11.60	13.17	14.36
Dividend payout %	28.1%	20.1%	13.1%	0.0%	0.0%	13.1%	10.1%	9.1%	11.1%	9.1%	8.1%	—

Veto Switchgears and Cables balance sheet

₹ crore, at each year end.

Veto Switchgears and Cables Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	17.98	18.02	17.97	17.97	18.97	18.94	18.94	18.96	18.94	18.94	18.93	18.94
Reserves	54.16	63.22	83.26	130	148	159	175	195	215	228	248	272
Borrowings	34.98	42.04	30.97	37.93	39.96	25.92	34.88	46.93	42.88	22.95	22.95	20.96
Other Liabilities	14.07	19.09	13.07	16.08	13.06	15.97	45.19	49.23	45.21	37.15	42.94	87.41
Total Liabilities	121	142	145	202	220	220	274	310	322	307	333	399
Fixed Assets	21.93	20.94	19.93	22.92	29.89	39.86	43.88	42.85	39.86	40.85	50.81	48.80
CWIP	0.00	3.01	8.01	7.01	0.00	3.01	2.01	3.01	7.01	8.99	11.01	13.02
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	99.26	118	118	172	191	177	228	264	275	257	271	337
Inventories	25.02	35.03	39.03	44.97	97.96	90.06	112	122	105	93.94	95.07	103
Trade receivables	33.07	42.07	56.06	107	61.08	59.07	91.18	119	136	133	147	164
Cash & equivalents	2.01	15.04	10.03	3.01	15.03	16.05	13.03	9.02	15.03	8.02	1.01	2.01
Total Assets	121	142	145	202	220	220	274	310	322	307	333	399

Veto Switchgears and Cables cash flow

₹ crore, for each year.

Veto Switchgears and Cables Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−1.99	20.92	19.95	−24.95	10.96	30.89	6.98	−7.97	17.94	27.90	14.95	9.98
Cash from investing activity	3.01	−8.04	−12.05	4.02	−2.01	−11.03	−7.03	0.00	−2.01	−8.03	−18.08	−4.02
Cash from financing activity	−4.99	0.00	−20.99	20.99	3.01	−19.02	−3.01	3.99	−10.01	−27.01	−3.01	−5.01
Net cash flow	−4.01	14.01	−13.01	0.00	12.02	1.01	−4.01	−3.01	6.01	−8.01	−6.01	1.01
Capex	3.16	1.11	5.49	4.05	1.75	13.07	3.20	1.26	5.06	6.27	19.68	5.20
Free cash flow	−3.99	17.96	13.97	−28.91	8.97	17.96	3.99	−8.98	12.96	21.93	−4.98	5.98
CFO / OP %	−1.0%	93.0%	88.0%	−49.0%	98.0%	188.0%	56.0%	2.0%	91.0%	130.0%	76.0%	56.9%

Veto Switchgears and Cables ratios

Working-capital days and returns, by year.

Veto Switchgears and Cables Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	124	85	85	153	101	144	182	161	170	161	178	154
Inventory days	141	100	70	86	207	314	320	231	182	156	160	132
Days payable	57	29	14	14	16	33	91	64	51	39	47	44
Cash conversion cycle	208	156	140	225	292	425	411	328	300	278	291	242
Working capital days	133	58	93	164	198	282	279	225	229	231	242	207
ROCE %	13.0%	21.1%	20.1%	26.1%	10.0%	9.0%	11.0%	14.1%	13.0%	12.1%	11.0%	12.0%

Veto Switchgears and Cables: frequently asked questions

What are the latest quarterly results of Veto Switchgears and Cables?

For the Jun 2026 quarter, Veto Switchgears and Cables reported sales of ₹89.57 Cr, up 37.8% year on year and net profit of ₹5.87 Cr, up 70.6% year on year. The operating margin was 10.6%.

What is the annual revenue of Veto Switchgears and Cables?

Veto Switchgears and Cables' sales for the year to Mar 2026 were ₹388 Cr; over the last twelve months they were ₹412 Cr.

What is the net profit of Veto Switchgears and Cables?

Net profit for the year to Mar 2026 was ₹25.10 Cr, and ₹27.10 Cr over the last twelve months. Earnings per share over the same trailing period were ₹14.36.

How much debt does Veto Switchgears and Cables have?

Veto Switchgears and Cables reported borrowings of ₹20.96 Cr at Mar 2026, against cash and equivalents of ₹2.01 Cr.

What is the free cash flow of Veto Switchgears and Cables?

Cash from operations was ₹9.98 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹5.98 Cr.

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