Veto Switchgears And Cables (BOM:539331) Market Cap: ₹2,397 Mil (As of Jul. 03, 2026)


BOM:539331 Veto Switchgears And Cables Ltd BOM:539331
79 GF Score
Price ₹126.85
GF Value ₹161.86
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Veto Switchgears And Cables Market Cap?

Veto Switchgears And Cables BOM:539331 -0.51% 79 Market Cap is ₹2,397 Mil as of Jul. 03, 2026. GuruFocus rates BOM:539331 with a GF Score™ of 79/100 and a GF Value™ of ₹161.86 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,097 Industrial Products companies, Veto Switchgears And Cables ranks worse than 82.31% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Veto Switchgears And Cables's share price for the quarter that ended in Mar. 2026 was ₹84.8. Veto Switchgears And Cables's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 19 Mil. Therefore, Veto Switchgears And Cables's market cap for the quarter that ended in Mar. 2026 was ₹1,621 Mil.

Veto Switchgears And Cables's quarterly market cap declined from Sep. 2025 (₹2,254 Mil) to Dec. 2025 (₹2,192 Mil) and declined from Dec. 2025 (₹2,192 Mil) to Mar. 2026 (₹1,621 Mil).

Veto Switchgears And Cables's annual market cap declined from Mar. 2024 (₹2,345 Mil) to Mar. 2025 (₹1,934 Mil) and declined from Mar. 2025 (₹1,934 Mil) to Mar. 2026 (₹1,621 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Veto Switchgears And Cables's Enterprise Value for Today is ₹2,535 Mil.


Veto Switchgears And Cables  (BOM:539331) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Veto Switchgears And Cables Market Cap Related Terms


Veto Switchgears And Cables Market Cap Historical Data

* Premium members only.

The historical data trend for Veto Switchgears And Cables's Market Cap 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 Market Cap Chart

Veto Switchgears And Cables Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,740.42 1,446.43 2,345.41 1,933.86 1,620.95

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
Market Cap 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 1,933.86 2,485.91 2,253.66 2,192.49 1,620.95

BOM:539331 vs VRT, BE: Market Cap Comparison

For the Electrical Equipment & Parts subindustry, Veto Switchgears And Cables's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Industrial Products Industry

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

* The bar in red indicates where Veto Switchgears And Cables's Market Cap falls into.


BOM:539331
79GF Score
Veto Switchgears And Cables Ltd BOM:539331
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Veto Switchgears And Cables Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Veto Switchgears And Cables's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as

Market Cap (A: Mar. 2026 )=Share Price (A: Mar. 2026 )*Shares Outstanding (EOP) (A: Mar. 2026 )
=₹84.8*19.115
=₹1,621

Veto Switchgears And Cables's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=₹84.8*19.115
=₹1,621

* 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 Market Cap →
What does a Market Cap of ₹2,397 Mil mean?
Veto Switchgears And Cables (BOM:539331) has a Market Cap of ₹2,397 Mil as of Jul. 03, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Veto Switchgears And Cables and its competitors. According to the industry distribution chart, Veto Switchgears And Cables ranks #2549 out of 3097 companies in the Industrial Products industry, placing it in the top 82.3%.
Is Veto Switchgears And Cables' Market Cap too high?
Veto Switchgears And Cables' current Market Cap is ₹2,397 Mil. Based on the distribution chart, Veto Switchgears And Cables ranks #2549 out of 3097 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Veto Switchgears And Cables has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veto Switchgears And Cables' Market Cap compare to VRT and BE?
According to the Industrial Products industry distribution chart, Veto Switchgears And Cables ranks #2549 out of 3097 companies for Market Cap. This places Veto Switchgears And Cables in the lower half of its industry. The industry median Market Cap is 285.94. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Industrial Products company?
The median Market Cap among Industrial Products companies is 285.94, based on 3,097 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Veto Switchgears And Cables and its competitors. For the Industrial Products industry, the median Market Cap is 285.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veto Switchgears And Cables's current Market Cap is ₹2,397 Mil. 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 ₹161.86, compared to a current price of ₹126.85 — trading 21.6% below its estimated fair value. The current Market Cap is ₹2,397 Mil. Veto Switchgears And Cables' overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Veto Switchgears And Cables (BOM:539331), the current Market Cap is ₹2,397 Mil as of Jul. 03, 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 ₹126.85 is trading 21.6% below its estimated GF Value™ of ₹161.86. GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.

Key valuation signals for BOM:539331:

  • Market Cap: ₹2,397 Mil
  • GF Value™: ₹161.86 vs. price of ₹126.85 (21.6% below fair value)
  • GF Score™: 79/100 with 2 warning signs

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.
79GF Score

Get the complete analysis for BOM:539331

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

₹126.85
Price
₹161.86
GF Value