ScoreWhy is Veto Switchgears & Cables Ltd ?
1
Poor long term growth as Net Sales has grown by an annual rate of 12.93% and Operating profit at 4.92% over the last 5 years
2
Negative results in Dec 24
- PBT LESS OI(Q) At Rs 3.77 cr has Fallen at -46.60%
- PAT(Q) At Rs 3.74 cr has Fallen at -21.8%
- CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 2.20 cr
3
Stock is technically in a Mildly Bearish range
- Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
4
Below par performance in long term as well as near term
- Along with generating -16.47% returns in the last 1 year, the stock has also underperformed BSE 500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Cable)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Veto Switchgears for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Veto Switchgears
-16.2%
-0.33
50.09%
SENSEX
0.45%
0.03
14.48%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
12.93%
EBIT Growth (5y)
4.92%
EBIT to Interest (avg)
9.17
Debt to EBITDA (avg)
1.13
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.96
Tax Ratio
36.76%
Dividend Payout Ratio
10.65%
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
10.94%
ROE (avg)
7.93%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
42
Price to Book Value
0.79
EV to EBIT
9.46
EV to EBITDA
8.44
EV to Capital Employed
0.80
EV to Sales
0.73
PEG Ratio
NA
Dividend Yield
0.94%
ROCE (Latest)
9.83%
ROE (Latest)
6.87%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend0What is working for the Company
NO KEY POSITIVE TRIGGERS
-8What is not working for the Company
PBT LESS OI(Q)
At Rs 3.77 cr has Fallen at -46.60%
PAT(Q)
At Rs 3.74 cr has Fallen at -21.8%
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 2.20 cr
NET SALES(Q)
At Rs 75.71 cr has Grown at -7.73%
Loading Valuation Snapshot...
Here's what is not working for Veto Switchgears
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 3.77 cr has Fallen at -46.60%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 3.74 cr has Fallen at -21.8%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 75.71 cr has Grown at -7.73%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 2.20 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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