Veto Switchgears and Cables Ltd (VETO) Financials - Quarterly Results, Profit & Loss, Balance Sheet, Cash Flow Veto Switchgears and Cables Ltd reported sales of ₹89.36 Cr, operating profit of ₹9.44 Cr (OPM 10.56%) and net profit of ₹5.85 Cr for the quarter ended Jun 2026. Figures in ₹ crore, consolidated where available.
VETO quarterly results (₹ Cr) Metric Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sales 74.28 75.71 89.18 64.87 88.77 94.22 138.86 89.36 Expenses 65.72 70.52 78.34 58.57 80.4 84.41 125.6 79.92 Operating Profit 8.56 5.19 10.84 6.3 8.37 9.81 13.26 9.44 OPM 11.52% 6.86% 12.16% 9.71% 9.43% 10.41% 9.55% 10.56% Other Income 0.15 1.45 0.52 0.35 0.85 0.55 0.19 0.53 Interest 0.04 0.5 0.71 0.63 0.37 0.47 0.51 0.74 Depreciation 0.66 0.93 0.84 1.09 1.02 1.13 1.09 1.01 Profit before tax 8.01 5.21 9.81 4.93 7.83 8.76 11.85 8.22 Tax 25.47% 30.33% 25.18% 30.22% 22.48% 28.42% 25.74% 28.83% Net Profit 5.97 3.63 7.34 3.43 6.08 6.27 8.8 5.85 EPS in Rs 3.09 1.96 3.94 1.93 3.18 3.45 4.59 3.1
VETO profit & loss, annual (₹ Cr) Metric Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM Sales 267 290 300 300 387 411 Expenses 233 257 269 269 349 370 Operating Profit 34 33 31 32 38 41 OPM 13% 11% 10% 11% 10% 10% Other Income 3 5 5 3 2 2 Interest 4 5 4 2 2 2 Depreciation 3 3 3 3 4 4 Profit before tax 30 30 29 30 33 37 Tax 32% 33% 37% 26% 26% - Net Profit 20 20 18 22 25 27 EPS in Rs 10.47 10.59 9.39 11.58 13.15 14.32 Dividend Payout 10% 9% 11% 9% 8% -
VETO balance sheet (₹ Cr) Metric Mar 2023 Mar 2024 Mar 2025 Sep 2025 Mar 2026 Equity Capital 19 19 19 19 19 Reserves 214 227 247 257 271 Borrowings 43 23 23 16 21 Other Liabilities 45 37 43 59 87 Total Liabilities 321 306 332 352 398 Fixed Assets 40 41 51 50 49 CWIP 7 9 11 12 13 Investments 0 0 0 0 0 Other Assets 274 256 270 289 336 Total Assets 321 306 332 352 398
VETO cash flows (₹ Cr) Metric Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Cash from Operating Activity -8 18 28 15 10 Cash from Investing Activity 0 -2 -8 -18 -4 Cash from Financing Activity 4 -10 -27 -3 -5 Net Cash Flow -3 6 -8 -6 1 Free Cash Flow -9 13 22 -5 6 CFO/OP 2% 91% 130% 76% 57%
VETO ratios Metric Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Debtor Days 162 171 162 179 155 Inventory Days 231 182 156 160 132 Days Payable 65 52 40 48 45 Cash Conversion Cycle 328 300 278 291 242 Working Capital Days 225 229 231 242 207 ROCE 14% 13% 12% 11% 12%