Veto Switchgears And Cables Limited
Veto Switchgears and Cables Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables, and electrical accessories in India and internationally. It operates through Wire and Cables, Lighting & Fittings, and Accessories & Others segments. The company offers modular switches; LED lightning, including slim LED panel, concealed light, deep light, spotlight, flood… Read more
Veto Switchgears And Cables Limited (VETO) - Total Assets
Latest total assets as of September 2025: ₹3.52 Billion INR
Based on the latest financial reports, Veto Switchgears And Cables Limited (VETO) holds total assets worth ₹3.52 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Veto Switchgears And Cables Limited - Total Assets Trend (2010–2025)
This chart illustrates how Veto Switchgears And Cables Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Veto Switchgears And Cables Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Veto Switchgears And Cables Limited's total assets of ₹3.52 Billion consist of 78.0% current assets and 22.1% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 0.4% |
| Accounts Receivable | ₹1.47 Billion | 44.3% |
| Inventory | ₹948.50 Million | 28.6% |
| Property, Plant & Equipment | ₹492.09 Million | 14.8% |
| Intangible Assets | ₹0.00 | 0.0% |
| Goodwill | ₹11.00K | 0.0% |
Asset Composition Trend (2010–2025)
This chart illustrates how Veto Switchgears And Cables Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Veto Switchgears And Cables Limited's current assets represent 78.0% of total assets in 2025, an increase from 75.3% in 2010.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2025, down from 3.8% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 44.3% of total assets.
Veto Switchgears And Cables Limited Competitors by Total Assets
Key competitors of Veto Switchgears And Cables Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Veto Switchgears And Cables Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Veto Switchgears And Cables Limited generates 0.90x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Veto Switchgears And Cables Limited generates $6.66 in net profit.
Veto Switchgears And Cables Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.06 | 5.07 | 5.57 |
| Quick Ratio | 2.45 | 2.91 | 2.71 |
| Cash Ratio | 0.01 | 0.01 | 0.00 |
| Working Capital | ₹2.09 Billion | ₹ 2.02 Billion | ₹ 1.35 Billion |
Veto Switchgears And Cables Limited - Advanced Valuation Insights
This section examines the relationship between Veto Switchgears And Cables Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.72 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 8.5% |
| Total Assets | ₹3.32 Billion |
| Market Capitalization | $10.94 Million USD |
Valuation Analysis
Below Book Valuation: The market values Veto Switchgears And Cables Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Veto Switchgears And Cables Limited's assets grew by 8.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Veto Switchgears And Cables Limited (2010–2025)
The table below shows the annual total assets of Veto Switchgears And Cables Limited from 2010 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹3.32 Billion | +8.50% |
| 2024-03-31 | ₹3.06 Billion | -4.69% |
| 2023-03-31 | ₹3.21 Billion | +4.10% |
| 2022-03-31 | ₹3.09 Billion | +12.73% |
| 2021-03-31 | ₹2.74 Billion | +24.43% |
| 2020-03-31 | ₹2.20 Billion | -0.18% |
| 2019-03-31 | ₹2.20 Billion | +9.32% |
| 2018-03-31 | ₹2.02 Billion | +39.08% |
| 2017-03-31 | ₹1.45 Billion | +1.87% |
| 2016-03-31 | ₹1.42 Billion | +17.40% |
| 2015-03-31 | ₹1.21 Billion | +8.20% |
| 2014-03-31 | ₹1.12 Billion | +52.63% |
| 2013-03-31 | ₹734.01 Million | +30.25% |
| 2012-03-31 | ₹563.52 Million | +22.76% |
| 2011-03-31 | ₹459.06 Million | +7.61% |
| 2010-03-31 | ₹426.61 Million | -- |