Veto Switchgears And CablesBOM:539331 -2.76%78 Net Margin % is 6.32% as of Mar. 2026, which is 12% below its 10-year median of 7.18. 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 60.25% on this metric.
The historical rank and industry rank for Veto Switchgears And Cables's Net Margin % or its related term are showing as below:
BOM:539331'
s Net Margin % Range Over the Past 10 Years
Min: 5.32 Med: 7.18 Max: 11.46
Current: 6.5
BOM:539331's Net Margin % is ranked better than 60.25% of 3039
companies
in the Industrial Products industry
Industry Median: 4.54
vs BOM:539331: 6.50
Veto Switchgears And Cables (BOM:539331) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Veto Switchgears And Cables Net Margin % Related Terms
Veto Switchgears And Cables Net Margin % Historical Data
* 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.
For the Electrical Equipment & Parts subindustry, Veto Switchgears And Cables's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Veto Switchgears And Cables's Net Margin % distribution charts can be found below:
* The bar in red indicates where Veto Switchgears And Cables's Net Margin % falls into.
* 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 (BOM:539331) has a Net Margin % of 6.32% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Veto Switchgears And Cables and its competitors. This is 12% below median its historical median of 7.18. Over the past decade, Veto Switchgears And Cables' Net Margin % has ranged from 5.32 to 11.46. According to the industry distribution chart, Veto Switchgears And Cables ranks #1208 out of 3039 companies in the Industrial Products industry, placing it in the top 39.7%.
Is Veto Switchgears And Cables' Net Margin % too high?
Veto Switchgears And Cables' current Net Margin % of 6.32% is 12% below median its 10-year median of 7.18. Over the past 10 years, this metric has ranged from a low of 5.32 to a high of 11.46. The Industrial Products industry median Net Margin % is 4.54. Veto Switchgears And Cables' value of 6.32% is 39.2% above this industry median. Based on the distribution chart, Veto Switchgears And Cables ranks #1208 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' Net Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Veto Switchgears And Cables ranks #1208 out of 3039 companies for Net Margin %. This puts Veto Switchgears And Cables in the upper half of its industry. The industry median Net Margin % is 4.54. Veto Switchgears And Cables' value of 6.32% is 39.2% above this benchmark. Historically, Veto Switchgears And Cables' own Net Margin % has ranged from 5.32 to 11.46 over the past decade. While the company's 10-year median is 7.18 vs. the industry median of 4.54, 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 Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.54, based on 3,039 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Veto Switchgears And Cables's current Net Margin % of 6.32% is 39.2% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Veto Switchgears And Cables and its competitors. For the Industrial Products industry, the median Net Margin % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veto Switchgears And Cables's current Net Margin % is 6.32%, which is 12% below median its own 10-year median of 7.18. 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 Net Margin % is 6.32%, which is 12% below median its 10-year median of 7.18 and 39.2% above the Industrial Products industry median of 4.54. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Veto Switchgears And Cables (BOM:539331), the current Net Margin % is 6.32% 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:
Net Margin %: 6.32% (12% below median its 10-year median of 7.18)
GF Value™: ₹161.55 vs. price of ₹125.10 (22.6% below fair value)
Industry Position: 39.2% above the Industrial Products median (#1208 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 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
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:539331 has been successfully added to your 
