Veto Switchgears And Cables Limited (VETO) — Net Asset Quality Index
Veto Switchgears And Cables Limited (VETO) has a Net Asset Quality Index of 78.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs3.52 Billion minus total liabilities of Rs747.50 Million yields net assets of Rs2.77 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check VETO asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Veto Switchgears And Cables Limited Net Asset Quality Index Over Time (2010–2025)
This chart shows how Veto Switchgears And Cables Limited's Net Asset Quality Index has evolved across 16 annual periods from 2010 to 2025. As of September 2025, the index stands at 78.7%, representing net assets of Rs2.77 Billion against total assets of Rs3.52 Billion INR. See Veto Switchgears And Cables Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Veto Switchgears And Cables Limited (2010–2025)
The table below presents the year-by-year Net Asset Quality Index for Veto Switchgears And Cables Limited from 2010 to 2025, covering 16 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Veto Switchgears And Cables Limited market capitalisation.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 80.5% | Rs2.67 Billion | Rs3.32 Billion | Rs648.05 Million | ▼ -0.3 pp |
| 2024 | 80.8% | Rs2.47 Billion | Rs3.06 Billion | Rs589.37 Million | ▲ +8.0 pp |
| 2023 | 72.8% | Rs2.34 Billion | Rs3.21 Billion | Rs874.93 Million | ▲ +3.6 pp |
| 2022 | 69.1% | Rs2.13 Billion | Rs3.09 Billion | Rs953.01 Million | ▼ -1.9 pp |
| 2021 | 71.0% | Rs1.94 Billion | Rs2.74 Billion | Rs794.67 Million | ▼ -9.8 pp |
| 2020 | 80.8% | Rs1.78 Billion | Rs2.20 Billion | Rs422.50 Million | ▲ +4.9 pp |
| 2019 | 75.9% | Rs1.67 Billion | Rs2.20 Billion | Rs530.97 Million | ▲ +2.3 pp |
| 2018 | 73.6% | Rs1.48 Billion | Rs2.02 Billion | Rs531.71 Million | ▲ +4.0 pp |
| 2017 | 69.6% | Rs1.01 Billion | Rs1.45 Billion | Rs440.23 Million | ▲ +12.8 pp |
| 2016 | 56.8% | Rs808.89 Million | Rs1.42 Billion | Rs614.08 Million | ▼ -3.1 pp |
| 2015 | 59.9% | Rs726.53 Million | Rs1.21 Billion | Rs485.59 Million | ▲ +1.4 pp |
| 2014 | 58.5% | Rs655.37 Million | Rs1.12 Billion | Rs464.92 Million | ▼ -22.5 pp |
| 2013 | 81.0% | Rs594.49 Million | Rs734.01 Million | Rs139.52 Million | ▲ +32.9 pp |
| 2012 | 48.1% | Rs271.07 Million | Rs563.52 Million | Rs292.46 Million | ▲ +4.9 pp |
| 2011 | 43.2% | Rs198.35 Million | Rs459.06 Million | Rs260.71 Million | ▲ +10.4 pp |
| 2010 | 32.8% | Rs139.79 Million | Rs426.61 Million | Rs286.81 Million | — |