Veto Switchgears And Cables (BOM:539331) EBITDA Margin %: 9.69% (As of Mar. 2026) — 20% Below Median


BOM:539331 Veto Switchgears And Cables Ltd BOM:539331
78 GF Score
Price ₹125.10
GF Value ₹161.55
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Veto Switchgears And Cables EBITDA Margin %?

Veto Switchgears And Cables BOM:539331 -2.76% 78 EBITDA Margin % is 9.69% as of Mar. 2026, which is 20% below its 10-year median of 12.17. GuruFocus rates BOM:539331 with a GF Score™ of 78/100 and a GF Value™ of ₹161.55 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 3,039 Industrial Products companies, Veto Switchgears And Cables ranks better than 53.21% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Veto Switchgears And Cables's EBITDA for the three months ended in Mar. 2026 was ₹135 Mil. Veto Switchgears And Cables's Revenue for the three months ended in Mar. 2026 was ₹1,389 Mil. Therefore, Veto Switchgears And Cables's EBITDA margin for the quarter that ended in Mar. 2026 was 9.69%.


Veto Switchgears And Cables  (BOM:539331) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Veto Switchgears And Cables EBITDA Margin % Related Terms


Veto Switchgears And Cables EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Veto Switchgears And Cables's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Veto Switchgears And Cables EBITDA Margin % Chart

Veto Switchgears And Cables Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.72 13.00 11.69 11.40 10.26

Veto Switchgears And Cables Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.74 10.24 10.39 11.00 9.69

BOM:539331 vs VRT, BE: EBITDA Margin % Comparison

For the Electrical Equipment & Parts subindustry, Veto Switchgears And Cables's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Veto Switchgears And Cables EBITDA Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veto Switchgears And Cables's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Veto Switchgears And Cables's EBITDA Margin % falls into.


BOM:539331
78GF Score
Veto Switchgears And Cables Ltd BOM:539331
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Veto Switchgears And Cables EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Veto Switchgears And Cables's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=396.726/3867.148
=10.26 %

Veto Switchgears And Cables's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=134.517/1388.571
=9.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 9.69% mean?
Veto Switchgears And Cables (BOM:539331) has a EBITDA Margin % of 9.69% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Veto Switchgears And Cables and its competitors. This is 20% below median its historical median of 12.17. Over the past decade, Veto Switchgears And Cables' EBITDA Margin % has ranged from 9.72 to 16.91. According to the industry distribution chart, Veto Switchgears And Cables ranks #1422 out of 3039 companies in the Industrial Products industry, placing it in the top 46.8%.
Is Veto Switchgears And Cables' EBITDA Margin % too high?
Veto Switchgears And Cables' current EBITDA Margin % of 9.69% is 20% below median its 10-year median of 12.17. Over the past 10 years, this metric has ranged from a low of 9.72 to a high of 16.91. The Industrial Products industry median EBITDA Margin % is 9.45. Veto Switchgears And Cables' value of 9.69% is 2.5% above this industry median. Based on the distribution chart, Veto Switchgears And Cables ranks #1422 out of 3039 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Veto Switchgears And Cables has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veto Switchgears And Cables' EBITDA Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Veto Switchgears And Cables ranks #1422 out of 3039 companies for EBITDA Margin %. This puts Veto Switchgears And Cables in the upper half of its industry. The industry median EBITDA Margin % is 9.45. Veto Switchgears And Cables' value of 9.69% is 2.5% above this benchmark. Historically, Veto Switchgears And Cables' own EBITDA Margin % has ranged from 9.72 to 16.91 over the past decade. While the company's 10-year median is 12.17 vs. the industry median of 9.45, Veto Switchgears And Cables has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Industrial Products company?
The median EBITDA Margin % among Industrial Products companies is 9.45, based on 3,039 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Veto Switchgears And Cables's current EBITDA Margin % of 9.69% is 2.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Veto Switchgears And Cables and its competitors. For the Industrial Products industry, the median EBITDA Margin % is 9.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veto Switchgears And Cables's current EBITDA Margin % is 9.69%, which is 20% below median its own 10-year median of 12.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veto Switchgears And Cables stock overvalued right now?
Based on GuruFocus' analysis, Veto Switchgears And Cables (BOM:539331) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹161.55, compared to a current price of ₹125.10 — trading 22.6% below its estimated fair value. The current EBITDA Margin % is 9.69%, which is 20% below median its 10-year median of 12.17 and 2.5% above the Industrial Products industry median of 9.45. Veto Switchgears And Cables' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Veto Switchgears And Cables (BOM:539331), the current EBITDA Margin % is 9.69% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Veto Switchgears And Cables (BOM:539331) Overvalued in 2026?

Based on GuruFocus' analysis, Veto Switchgears And Cables stock appears to be undervalued. The current stock price of ₹125.10 is trading 22.6% below its estimated GF Value™ of ₹161.55. GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.

Key valuation signals for BOM:539331:

  • EBITDA Margin %: 9.69% (20% below median its 10-year median of 12.17)
  • GF Value™: ₹161.55 vs. price of ₹125.10 (22.6% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 2.5% above the Industrial Products median (#1422 of 3039)

No single metric tells the full story. See the BOM:539331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veto Switchgears And Cables Business Description

Other Exchanges VETO:India
Address Tonk Road, Airport Plaza Scheme, 4th Floor, Plot No. 10, Days Hotel, Behind Hotel Radisson Blu, Durgapur, Jaipur, RJ, IND, 302018
Veto Switchgears And Cables Ltd manufactures electronic goods. Its product portfolio includes Wires, Cables, Electrical accessories, Industrial cables, Fans, Compact fluorescent lamps, Modular switches, Light-emitting diode lights, Immersion heaters, Miniature circuit breakers, Distribution boards, and others. The company's segments include Wire and Cables, Lighting and Fittings, and Accessories and Others. It generates maximum revenue from the Lighting and Fittings segment.
78GF Score

Get the complete analysis for BOM:539331

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹125.10
Price
₹161.55
GF Value