Veto Switchgears and Cables Limited

NSEI:VETO Stock Report

Market Cap: ₹2.5b

Veto Switchgears and Cables Management

Management criteria checks 4/4

Veto Switchgears and Cables' CEO is Akshay Gurnani, appointed in Aug 2014, has a tenure of 10.42 years. directly owns 3.6% of the company’s shares, worth ₹91.36M. The average tenure of the management team and the board of directors is 8.7 years and 8.2 years respectively.

Key information

Akshay Gurnani

Chief executive officer

₹3.6m

Total compensation

CEO salary percentagen/a
CEO tenure10.4yrs
CEO ownership3.6%
Management average tenure8.7yrs
Board average tenure8.2yrs

Recent management updates

Recent updates

Veto Switchgears and Cables (NSE:VETO) Is Due To Pay A Dividend Of ₹1.00

Sep 06
Veto Switchgears and Cables (NSE:VETO) Is Due To Pay A Dividend Of ₹1.00

Improved Earnings Required Before Veto Switchgears and Cables Limited (NSE:VETO) Stock's 27% Jump Looks Justified

Jul 28
Improved Earnings Required Before Veto Switchgears and Cables Limited (NSE:VETO) Stock's 27% Jump Looks Justified

We Think Veto Switchgears and Cables (NSE:VETO) Can Stay On Top Of Its Debt

Jul 27
We Think Veto Switchgears and Cables (NSE:VETO) Can Stay On Top Of Its Debt

Returns On Capital At Veto Switchgears and Cables (NSE:VETO) Have Hit The Brakes

Jun 05
Returns On Capital At Veto Switchgears and Cables (NSE:VETO) Have Hit The Brakes

Improved Earnings Required Before Veto Switchgears and Cables Limited (NSE:VETO) Shares Find Their Feet

Mar 14
Improved Earnings Required Before Veto Switchgears and Cables Limited (NSE:VETO) Shares Find Their Feet

Veto Switchgears and Cables (NSE:VETO) Seems To Use Debt Quite Sensibly

Feb 09
Veto Switchgears and Cables (NSE:VETO) Seems To Use Debt Quite Sensibly

Veto Switchgears and Cables (NSE:VETO) Has Announced A Dividend Of ₹1.00

Sep 07
Veto Switchgears and Cables (NSE:VETO) Has Announced A Dividend Of ₹1.00

Estimating The Fair Value Of Veto Switchgears and Cables Limited (NSE:VETO)

Jul 11
Estimating The Fair Value Of Veto Switchgears and Cables Limited (NSE:VETO)

Veto Switchgears and Cables (NSE:VETO) Could Be Struggling To Allocate Capital

Jun 01
Veto Switchgears and Cables (NSE:VETO) Could Be Struggling To Allocate Capital

Here's Why We Think Veto Switchgears and Cables (NSE:VETO) Is Well Worth Watching

Mar 29
Here's Why We Think Veto Switchgears and Cables (NSE:VETO) Is Well Worth Watching

Is Veto Switchgears and Cables (NSE:VETO) Using Too Much Debt?

Feb 28
Is Veto Switchgears and Cables (NSE:VETO) Using Too Much Debt?

The Returns On Capital At Veto Switchgears and Cables (NSE:VETO) Don't Inspire Confidence

Dec 31
The Returns On Capital At Veto Switchgears and Cables (NSE:VETO) Don't Inspire Confidence

Veto Switchgears and Cables (NSE:VETO) Will Pay A Dividend Of ₹1.00

Sep 04
Veto Switchgears and Cables (NSE:VETO) Will Pay A Dividend Of ₹1.00

Veto Switchgears and Cables (NSE:VETO) Has A Pretty Healthy Balance Sheet

Jun 17
Veto Switchgears and Cables (NSE:VETO) Has A Pretty Healthy Balance Sheet

Here's Why I Think Veto Switchgears and Cables (NSE:VETO) Might Deserve Your Attention Today

May 13
Here's Why I Think Veto Switchgears and Cables (NSE:VETO) Might Deserve Your Attention Today

These 4 Measures Indicate That Veto Switchgears and Cables (NSE:VETO) Is Using Debt Reasonably Well

Feb 23
These 4 Measures Indicate That Veto Switchgears and Cables (NSE:VETO) Is Using Debt Reasonably Well

Veto Switchgears and Cables (NSE:VETO) Has A Rock Solid Balance Sheet

Aug 12
Veto Switchgears and Cables (NSE:VETO) Has A Rock Solid Balance Sheet

Returns On Capital At Veto Switchgears and Cables (NSE:VETO) Paint A Concerning Picture

May 17
Returns On Capital At Veto Switchgears and Cables (NSE:VETO) Paint A Concerning Picture

Estimating The Fair Value Of Veto Switchgears and Cables Limited (NSE:VETO)

Mar 03
Estimating The Fair Value Of Veto Switchgears and Cables Limited (NSE:VETO)

Here's What To Make Of Veto Switchgears and Cables' (NSE:VETO) Returns On Capital

Feb 09
Here's What To Make Of Veto Switchgears and Cables' (NSE:VETO) Returns On Capital

Veto Switchgears and Cables Limited's (NSE:VETO) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Dec 23
Veto Switchgears and Cables Limited's (NSE:VETO) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Trade Alert: Kishore Gurnani At Veto Switchgears and Cables Limited (NSE:VETO), Has Just Spent ₹4.3m Buying 18% More Shares

Nov 22
Trade Alert: Kishore Gurnani At Veto Switchgears and Cables Limited (NSE:VETO), Has Just Spent ₹4.3m Buying 18% More Shares

CEO

Akshay Gurnani (31 yo)

10.4yrs

Tenure

₹3,600,000

Compensation

Mr. Akshay Kumar Gurnani serves as the Chairman and Chief Executive Officer of Veto Switchgears and Cables Limited and has been its Managing Director since August 27, 2014. He also serves as the Director o...


Leadership Team

NamePositionTenureCompensationOwnership
Akshay Gurnani
Chairman10.4yrs₹3.60m3.6%
₹ 91.4m
Narain Gurnani
CFO & Whole-Time Director8.7yrs₹1.20m0.10%
₹ 2.6m
Kritika Todwal
Company Secretary & Compliance Officerless than a year₹420.00kno data
Anil Kaslya
Sr. Manager of Accountsno datano datano data
Vasudev Lalwani
Vice President of Marketingno data₹976.00k0.030%
₹ 769.3k

8.7yrs

Average Tenure

55yo

Average Age

Experienced Management: VETO's management team is seasoned and experienced (8.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Akshay Gurnani
Chairman10.4yrs₹3.60m3.6%
₹ 91.4m
Narain Gurnani
CFO & Whole-Time Director8.7yrs₹1.20m0.10%
₹ 2.6m
Jyoti Gurnani
Non-Executive Non Independent Woman Director10.4yrs₹600.00kno data
Kanwarjeet Singh
Non-Executive Independent Director7.7yrs₹32.50kno data
Hari Motwani
Non-Executive Independent Director5.3yrs₹50.00kno data
Sanjeev Dass
Additional Non-Executive Independent Director2.3yrs₹50.00kno data

8.2yrs

Average Tenure

63yo

Average Age

Experienced Board: VETO's board of directors are considered experienced (8.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/01 17:49
End of Day Share Price 2025/01/01 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Veto Switchgears and Cables Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijay MadunalaFirstCall Research
Naveed MD.FirstCall Research