Veto Switchgears And Cables Limited (VETO) — Tangible Net Worth Ratio
Veto Switchgears And Cables Limited (VETO) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (Rs0.00) from net assets (Rs2.90 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See net assets of Veto Switchgears And Cables Limited for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Veto Switchgears And Cables Limited Tangible Net Worth Ratio (2010–2026)
This chart shows how Veto Switchgears And Cables Limited's Tangible Net Worth Ratio has changed across 17 annual periods from 2010 to 2026. As of March 2026, the ratio stands at 100.0%, reflecting net assets of Rs2.90 Billion with intangible assets of Rs0.00 INR. Also explore Veto Switchgears And Cables Limited equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Veto Switchgears And Cables Limited (2010–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Veto Switchgears And Cables Limited from 2010 to 2026, covering 17 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Veto Switchgears And Cables Limited (VETO) total market value.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 100.0% | Rs2.90 Billion | Rs0.00 | Rs3.98 Billion | ▲ +0.0 pp |
| 2025 | 100.0% | Rs2.67 Billion | Rs0.00 | Rs3.32 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | Rs2.47 Billion | Rs0.00 | Rs3.06 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | Rs2.34 Billion | Rs11.00K | Rs3.21 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | Rs2.13 Billion | Rs11.00K | Rs3.09 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | Rs1.94 Billion | Rs11.00K | Rs2.74 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | Rs1.78 Billion | Rs10.78K | Rs2.20 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | Rs1.67 Billion | Rs10.78K | Rs2.20 Billion | ▼ 0.0 pp |
| 2018 | 100.0% | Rs1.48 Billion | Rs2.80K | Rs2.02 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | Rs1.01 Billion | Rs14.99K | Rs1.45 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | Rs808.89 Million | Rs32.19K | Rs1.42 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | Rs726.53 Million | Rs66.00K | Rs1.21 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | Rs655.37 Million | Rs77.00K | Rs1.12 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | Rs594.49 Million | Rs79.00K | Rs734.01 Million | ▲ +83.9 pp |
| 2012 | 16.1% | Rs271.07 Million | Rs227.53 Million | Rs563.52 Million | ▼ -83.9 pp |
| 2011 | 100.0% | Rs198.35 Million | Rs9.00K | Rs459.06 Million | ▲ +0.1 pp |
| 2010 | 99.8% | Rs139.79 Million | Rs216.00K | Rs426.61 Million | — |