Veto Switchgears And Cables Limited (VETO) — Net Asset Quality Index
Veto Switchgears And Cables Limited (VETO) has a Net Asset Quality Index of 72.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs3.98 Billion minus total liabilities of Rs1.08 Billion yields net assets of Rs2.90 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See operational self-sufficiency of Veto Switchgears And Cables Limited to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Veto Switchgears And Cables Limited Net Asset Quality Index Over Time (2010–2026)
This chart shows how Veto Switchgears And Cables Limited's Net Asset Quality Index has evolved across 17 annual periods from 2010 to 2026. As of March 2026, the index stands at 72.9%, representing net assets of Rs2.90 Billion against total assets of Rs3.98 Billion INR. Explore Veto Switchgears And Cables Limited cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Veto Switchgears And Cables Limited (2010–2026)
The table below presents the year-by-year Net Asset Quality Index for Veto Switchgears And Cables Limited from 2010 to 2026, covering 17 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 stock valuation.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 72.9% | Rs2.90 Billion | Rs3.98 Billion | Rs1.08 Billion | ▼ -7.6 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 | — |