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Veto Switchgears And Cables Limited
Veto Switchgears And Cables Limited was established 19 years ago, on 19 Jun 2007. Veto Switchgears And Cables Limited holds the CIN L31401MH2007PLC171844 and registration number 171844. It is officially registered under the category of company limited by shares. Veto Switchgears And Cables Limited is authorized to hold share capital worth ₹25.00 crore. The total paid-up share capital is ₹19.11 crore.
Its primary business activity involves manufacture of electrical machinery and apparatus n.e.c. The company’s registration location is Mumbai. Its official registered office is situated at Gala No. 2, Sanskruti, Sagar Signature Complex, Vasai Palghar, Vasai East Ie, Thane, Vasai, Maharashtra, India, 401208. Currently, the company’s operational status is active. PAN number for the company is AACCV4990K. According to the LEI registry, the company’s code is 894500WXQRZJ4XPHF816. You can reach the company via email at cs@vetoswitchgears.com. Veto Switchgears And Cables Limited’s leading executives are Shantaram Potayya Ankam (CEO), Narain Das Gurnani (CFO), Akshay Kumar Gurnani (CEO) and Narain Das Gurnani (CFO).
Company Overview
- CIN
- Date of Incorporation
- 19/06/2007
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2025
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹25,00,00,000.00
- Paid up Capital
- ₹19,11,49,550.00
- Activity
- Manufacture Of Electrical Machinery And Apparatus N.E.C.
- cs@vetoswitchgears.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Assam | 18AACCV4990K1ZQ | Active |
| Delhi | 07AACCV4990K1ZT | Inactive |
| Gujarat | 24AACCV4990K1ZX | Active |
| Haryana | 06AACCV4990K1ZV | Active |
| Karnataka | 29AACCV4990K1ZN | Active |
| Maharashtra | 27AACCV4990K1ZR | Active |
| Madhya Pradesh | 23AACCV4990K1ZZ | Active |
| Punjab | 03AACCV4990K1Z1 | Active |
| Rajasthan | 08AACCV4990K1ZR | Active |
| Tamil Nadu | 33AACCV4990K1ZY | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8918N01017 | VETO SWITCHGEARS AND CABLES LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | VETO SWITCHGEAR/SH VTG | ESVUFN |
| INE918N01018 | VETO SWITCHGEARS AND CABLES LIMITED EQ | - | 12/10/2026 | VETO SWITCHGEAR/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2018 | 31/03/2017 |
|---|---|---|---|---|---|---|---|
| Net PPE | ₹4,925.68L | ₹5,433.14L | ₹3,748.35L | ₹3,367.93L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Debt | ₹1,951.82L | ₹1,824.63L | ₹184.31L | ₹2,698.40L | ₹0.00L | ₹0.00L | ₹0.00L |
| Goodwill | ₹0.11L | ₹0.11L | ₹0.11L | ₹0.11L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross PPE | ₹4,925.68L | ₹7,985.04L | ₹5,997.83L | ₹5,596.22L | ₹0.00L | ₹0.00L | ₹0.00L |
| Inventory | ₹10,284.14L | ₹9,485.05L | ₹9,436.99L | ₹10,488.18L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Debt | ₹2,142.89L | ₹2,294.77L | ₹2,256.10L | ₹4,338.83L | ₹0.00L | ₹0.00L | ₹0.00L |
| Common Stock | ₹1,911.50L | ₹1,911.50L | ₹1,911.50L | ₹1,911.50L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Debt | ₹1,937.59L | ₹1,929.36L | ₹938.80L | ₹3,216.86L | ₹0.00L | ₹0.00L | ₹0.00L |
| Share Issued | ₹191.15L | ₹191.15L | ₹191.15L | ₹191.15L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Assets | ₹39,784.79L | ₹33,223.38L | ₹30,619.23L | ₹32,126.76L | ₹0.00L | ₹0.00L | ₹0.00L |
| Capital Stock | ₹1,911.50L | ₹1,911.50L | ₹1,911.50L | ₹1,911.50L | ₹0.00L | ₹0.00L | ₹0.00L |
| Long Term Debt | ₹205.30L | ₹251.60L | ₹0.00L | ₹1,000.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Assets | ₹32,301.80L | ₹25,897.43L | ₹24,959.13L | ₹26,808.20L | ₹0.00L | ₹0.00L | ₹0.00L |
| Working Capital | ₹22,182.90L | ₹20,053.31L | ₹19,755.60L | ₹19,767.60L | ₹0.00L | ₹0.00L | ₹0.00L |
| Invested Capital | ₹31,111.54L | ₹28,574.27L | ₹25,564.11L | ₹27,505.21L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Properties | ₹3,617.12L | ₹3,774.47L | ₹2,787.73L | ₹2,709.36L | ₹0.00L | ₹0.00L | ₹0.00L |
| Common Stock Equity | ₹28,968.65L | ₹26,644.91L | ₹24,625.31L | ₹23,288.35L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Tangible Assets | ₹28,968.54L | ₹26,644.80L | ₹24,625.20L | ₹23,288.24L | ₹0.00L | ₹0.00L | ₹0.00L |
| Tangible Book Value | ₹28,968.54L | ₹26,644.80L | ₹24,625.20L | ₹23,288.24L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Liabilities | ₹10,118.90L | ₹5,844.12L | ₹5,203.53L | ₹7,040.60L | ₹0.00L | ₹0.00L | ₹0.00L |
| Long Term Provisions | ₹167.13L | ₹66.65L | ₹52.54L | ₹205.19L | ₹0.00L | ₹0.00L | ₹0.00L |
| Stockholders Equity | ₹28,968.65L | ₹26,644.91L | ₹24,625.31L | ₹23,288.35L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Equity Interest | ₹27,057.15L | ₹24,733.40L | -₹0.01L | ₹0.01L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Capitalization | ₹29,173.95L | ₹26,644.91L | ₹24,625.31L | ₹24,288.35L | ₹0.00L | ₹0.00L | ₹0.00L |
| Investment Properties | ₹1,269.69L | ₹1,292.09L | ₹1,315.63L | ₹1,340.38L | ₹0.00L | ₹0.00L | ₹0.00L |
| Ordinary Shares Number | ₹191.15L | ₹191.15L | ₹191.15L | ₹191.15L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Non Current Assets | ₹579.66L | -₹0.01L | -₹0.02L | ₹0.04L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Non Current Assets | ₹7,482.98L | ₹7,325.95L | ₹5,660.10L | ₹5,318.56L | ₹0.00L | ₹0.00L | ₹0.00L |
| Cash And Cash Equivalents | ₹191.07L | ₹104.73L | ₹754.49L | ₹1,518.46L | ₹0.00L | ₹0.00L | ₹0.00L |
| Construction In Progress | ₹1,308.56L | ₹1,658.66L | ₹960.61L | ₹658.62L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Short Term Investments | ₹619.03L | ₹491.87L | ₹419.81L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹0.11L | ₹0.11L | ₹0.11L | ₹0.11L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹29,012.51L | ₹26,742.88L | ₹24,725.51L | ₹23,377.43L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹10,772.28L | ₹6,480.50L | ₹5,893.72L | ₹8,749.33L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹1,937.59L | ₹2,043.17L | ₹2,024.07L | ₹3,255.91L | ₹0.00L | ₹0.00L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹205.30L | ₹251.60L | ₹232.03L | ₹1,082.92L | ₹0.00L | ₹0.00L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹810.10L | ₹596.60L | ₹1,174.30L | ₹1,518.46L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹653.38L | ₹636.38L | ₹690.19L | ₹1,708.73L | ₹0.00L | ₹0.00L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2018 | 31/03/2017 |
|---|---|---|---|---|---|---|---|
| Free Cash Flow | ₹516.44L | -₹476.12L | ₹2,148.69L | ₹1,288.88L | ₹0.00L | ₹0.00L | ₹0.00L |
| Changes In Cash | ₹86.33L | -₹649.76L | -₹603.91L | ₹387.23L | ₹0.00L | ₹0.00L | ₹0.00L |
| End Cash Position | ₹191.07L | ₹104.73L | ₹754.49L | ₹1,518.46L | ₹0.00L | ₹0.00L | ₹0.00L |
| Financing Cash Flow | -₹534.25L | -₹300.10L | -₹2,731.29L | -₹988.60L | ₹0.00L | ₹0.00L | ₹0.00L |
| Investing Cash Flow | -₹417.56L | -₹1,848.76L | -₹651.22L | -₹421.41L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Cash Flow | ₹1,038.14L | ₹1,499.10L | ₹2,778.60L | ₹1,797.24L | ₹0.00L | ₹0.00L | ₹0.00L |
| Capital Expenditure | -₹521.70L | -₹1,975.22L | -₹629.91L | -₹508.36L | ₹0.00L | ₹0.00L | ₹0.00L |
| Beginning Cash Position | ₹104.73L | ₹754.49L | ₹1,518.45L | ₹945.04L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | ₹0.01L | ₹0.00L | -₹0.01L | ₹0.00L | -₹0.02L | ₹0.00L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2018 | 31/03/2017 |
|---|---|---|---|---|---|---|---|
| EBIT | ₹3,534.01L | ₹3,118.22L | ₹3,235.41L | ₹3,487.73L | ₹0.00L | ₹0.00L | ₹0.00L |
| EBITDA | ₹3,967.26L | ₹3,423.74L | ₹3,507.98L | ₹3,769.86L | ₹0.00L | ₹0.00L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹2,512.70L | ₹2,213.20L | ₹1,795.20L | ₹2,024.74L | ₹0.00L | ₹2,897.07L | ₹1,218.65L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹10,332.73L | ₹8,128.89L | ₹7,307.60L | ₹7,368.86L | ₹0.00L | ₹0.00L | ₹0.00L |
| Pretax Income | ₹3,336.67L | ₹2,954.11L | ₹2,875.19L | ₹3,041.53L | ₹0.00L | ₹0.00L | ₹0.00L |
| Tax Provision | ₹878.32L | ₹772.15L | ₹1,068.88L | ₹996.18L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Revenue | ₹38,671.48L | ₹30,037.84L | ₹30,008.60L | ₹29,006.79L | ₹0.00L | ₹25,364.43L | ₹12,478.63L |
| Cost Of Revenue | ₹28,338.75L | ₹21,908.95L | ₹22,701.00L | ₹21,637.93L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Expenses | ₹35,332.42L | ₹27,174.53L | ₹29,887.78L | ₹26,018.48L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense | ₹197.34L | ₹164.11L | ₹360.22L | ₹446.20L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Income | ₹3,339.06L | ₹2,863.31L | ₹120.82L | ₹2,988.31L | ₹0.00L | ₹0.00L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹3,967.26L | ₹3,423.74L | ₹3,506.91L | ₹3,769.71L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized Income | ₹2,512.70L | ₹2,213.20L | ₹1,794.53L | ₹2,024.64L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Expense | ₹6,993.67L | ₹5,265.58L | ₹7,186.78L | ₹4,380.55L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Revenue | ₹38,671.48L | ₹30,037.84L | ₹30,008.60L | ₹29,006.79L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Interest Income | -₹197.34L | -₹164.11L | -₹334.22L | -₹356.74L | ₹0.00L | ₹0.00L | ₹0.00L |
| Basic Average Shares | ₹191.15L | ₹191.15L | ₹191.15L | ₹191.15L | ₹0.00L | ₹0.00L | ₹0.00L |
| Diluted Average Shares | ₹191.15L | ₹191.15L | ₹191.15L | ₹191.15L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Operating Expenses | ₹4,136.86L | ₹3,074.41L | ₹2,833.27L | ₹113.73L | ₹0.00L | ₹0.00L | ₹0.00L |
| Reconciled Depreciation | ₹433.25L | ₹305.52L | ₹272.57L | ₹282.13L | ₹0.00L | ₹0.00L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹28,338.75L | ₹21,908.95L | ₹22,701.00L | ₹21,637.93L | ₹0.00L | ₹0.00L | ₹0.00L |
| Tax Effect Of Unusual Items | ₹0.00L | ₹0.00L | ₹0.40L | ₹0.05L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense Non Operating | ₹197.34L | ₹164.11L | ₹360.22L | ₹446.20L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Common Stockholders | ₹2,512.70L | ₹2,213.20L | ₹1,795.20L | ₹2,024.74L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Continuous Operations | ₹2,458.35L | ₹2,181.96L | ₹1,806.31L | ₹2,045.35L | ₹0.00L | ₹0.00L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹2,512.70L | ₹2,213.20L | ₹1,795.20L | ₹2,024.74L | ₹0.00L | ₹0.00L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹197.34L | -₹164.11L | -₹334.22L | -₹356.74L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹2,458.35L | ₹2,181.96L | ₹1,806.31L | ₹2,045.35L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹2,512.70L | ₹2,213.20L | ₹1,795.20L | ₹2,024.74L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹2,512.70L | ₹2,213.20L | ₹1,795.20L | ₹2,024.74L | ₹0.00L | ₹0.00L | ₹0.00L |
Company Performance (FY17–FY26)
₹386.7 Cr₹290.0 Cr₹193.4 Cr₹96.7 Cr₹0
FY17FY18FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 27/08/2014 | Jyoti Gurnani | 06953899 | Director | View other directorships |
| 27/08/2014 | Akshay Kumar Gurnani | 06888193 | Managing Director | View other directorships |
| 29/05/2015 | Shantaram Potayya Ankam | *****9890J | CEO | |
| 24/05/2016 | Narain Das Gurnani | *****5020N | CFO | |
| 24/05/2016 | Narain Das Gurnani | 01970599 | Whole-time director | View other directorships |
| 06/05/2017 | Kanwar Jeet Singh | 07813714 | Director | View other directorships |
| 28/09/2019 | Hari Krishan Motwani | 08570545 | Director | View other directorships |
| 01/09/2022 | Sanjeev Kumar Dass | 09690317 | Director | View other directorships |
| 01/02/2024 | Kritika Todwal | *****0643Q | Company Secretary |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 9
- Akshay Kumar GurnaniManaging Director
- Narain Das GurnaniWhole-time director
- Sanjeev Kumar DassDirector
- Hari Krishan MotwaniDirector
- Kanwar Jeet SinghDirector
- Jyoti GurnaniDirector
- Kritika TodwalCompany Secretary
- Narain Das GurnaniCFO
- Shantaram Potayya AnkamCEO
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 28/11/2024 | Form AOC-4(XBRL)-28112024-signed | - |
| 19/11/2024 | Form MGT-7-19112024_signed | - |
| 12/11/2024 | Form AOC-4(XBRL)-28102024 | - |
| 07/11/2024 | Form MGT-7-05112024 | - |
| 28/10/2024 | Form AOC-4(XBRL)-28102024 | - |
Charges
| SRN | Date | Amount | Holder |
|---|---|---|---|
| AB4823046 | 20/06/2025 | ₹14,40,000.00 | Hdfc Bank Limited |
| AB5269498 | 20/06/2025 | ₹9,95,000.00 | Hdfc Bank Limited |
| AB3904411 | 22/04/2025 | ₹1,09,08,200.00 | Hdfc Bank Limited |
| AB2608280 | 29/01/2025 | ₹21,71,000.00 | Hdfc Bank Limited |
| AB2051025 | 28/11/2024 | ₹29,00,000.00 | Hdfc Bank Limited |
| AA6561927 | 02/01/2024 | ₹26,80,800.00 | Hdfc Bank Limited |
| AA6484502 | 19/12/2023 | ₹24,13,500.00 | Hdfc Bank Limited |
| AA6101731 | 01/11/2023 | ₹1,97,20,100.00 | Hdfc Bank Limited |
| AA6071650 | 27/10/2023 | ₹10,21,500.00 | Hdfc Bank Limited |
| AA6176400 | 04/07/2023 | ₹52,00,00,000.00 | Hdfc Bank Limited |
| AA6567967 | 31/08/2022 | ₹20,90,100.00 | Hdfc Bank Limited |
| F01155654 | 02/05/2022 | ₹22,00,000.00 | Hdfc Bank Limited |
| AA5216778 | 30/03/2022 | ₹10,00,00,000.00 | Indian Overseas Bank |
| T64361082 | 07/12/2021 | ₹13,98,150.00 | Hdfc Bank Limited |
| AA6545516 | 28/07/2021 | ₹14,80,000.00 | Indian Overseas Bank |
| AA5233243 | 07/12/2020 | ₹11,25,000.00 | Indian Overseas Bank |
| AA5202885 | 31/12/2007 | ₹45,00,00,000.00 | Indian Overseas Bank |
| B45063138 | 31/12/2007 | ₹3,75,00,000.00 | Indian Overseas Bank |
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| Panasonic Energy India Company Limited | L31400GJ1972PLC002091 | Gidc, Makarpura P.b. No. 719, Vadodara, Gujarat, India, 390010 |
| Smarten Power Systems Limited | L31401HR2014PLC052897 | - |
| Usha Martin Limited | L31400WB1986PLC091621 | 2a Shakespear Sarani P S Shakespear Sarani, Kolkata, West Bengal, India, 700071 |
Address
Gala No. 2, Sanskruti, Sagar Signature Complex, Vasai Palghar, Vasai East Ie, Thane, Vasai, Maharashtra, India, 401208
Frequently Asked Questions
What is the incorporation date of Veto Switchgears And Cables Limited?
The incorporation date of Veto Switchgears And Cables Limited is 19/06/2007.
What is the authorized share capital and paid-up capital of Veto Switchgears And Cables Limited?
The authorized share capital of Veto Switchgears And Cables Limited is ₹25,00,00,000.00. The paid-up capital is ₹19,11,49,550.00.
Who are the current board members & directors of Veto Switchgears And Cables Limited?
The current board member of Veto Switchgears And Cables Limited are:
- Jyoti Gurnani
- Shantaram Potayya Ankam
- Akshay Kumar Gurnani
- Hari Krishan Motwani
- Kanwar Jeet Singh
- Narain Das Gurnani
- Narain Das Gurnani
- Sanjeev Kumar Dass
- Kritika Todwal
What is the registered address of Veto Switchgears And Cables Limited?
The registered address of Veto Switchgears And Cables Limited is Gala No. 2, Sanskruti, Sagar Signature Complex, Vasai Palghar, Vasai East Ie, Thane, Vasai, Maharashtra, India, 401208.
What is the Corporate Identification Number of Veto Switchgears And Cables Limited?
The Corporate Identification Number of Veto Switchgears And Cables Limited is L31401MH2007PLC171844.