Veto Switchgears And Cables (BOM:539331) Dividend Payout Ratio: 0.00 (As of Mar. 2026)


BOM:539331 Veto Switchgears And Cables Ltd BOM:539331
80 GF Score
Price ₹126.65
GF Value ₹162.03
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Veto Switchgears And Cables Dividend Payout Ratio?

Veto Switchgears And Cables BOM:539331 +1.36% 80 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates BOM:539331 with a GF Score™ of 80/100 and a GF Value™ of ₹162.03 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,719 Industrial Products companies, Veto Switchgears And Cables ranks better than 94.42% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Veto Switchgears And Cables's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Veto Switchgears And Cables's Dividend Payout Ratio or its related term are showing as below:

BOM:539331' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.09   Max: 0.26
Current: 0.08


During the past 13 years, the highest Dividend Payout Ratio of Veto Switchgears And Cables was 0.26. The lowest was 0.07. And the median was 0.09.

BOM:539331's Dividend Payout Ratio is ranked better than
94.42% of 1719 companies
in the Industrial Products industry
Industry Median: 0.37 vs BOM:539331: 0.08

As of today (2026-07-07), the Dividend Yield % of Veto Switchgears And Cables is 0.79%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Veto Switchgears And Cables was 1.66%. The lowest was 0.43%. And the median was 0.90%.

Veto Switchgears And Cables's Dividends per Share for the months ended in Mar. 2026 was ₹0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Veto Switchgears And Cables (BOM:539331) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Veto Switchgears And Cables Dividend Payout Ratio Related Terms


Veto Switchgears And Cables Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Veto Switchgears And Cables's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Veto Switchgears And Cables Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.11 0.09 0.08

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
Dividend Payout Ratio 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 0.00 0.00 0.31 0.00 0.00

BOM:539331 vs VRT, BE: Dividend Payout Ratio Comparison

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

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

* The bar in red indicates where Veto Switchgears And Cables's Dividend Payout Ratio falls into.


BOM:539331
80GF Score
Veto Switchgears And Cables Ltd BOM:539331
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veto Switchgears And Cables Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Veto Switchgears And Cables's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=1/ 13.145
=0.08

Veto Switchgears And Cables's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 4.594
=0.00

* 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 Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Veto Switchgears And Cables (BOM:539331) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Veto Switchgears And Cables and its competitors. Over the past decade, Veto Switchgears And Cables' Dividend Payout Ratio has ranged from 0.07 to 0.26. According to the industry distribution chart, Veto Switchgears And Cables ranks #96 out of 1719 companies in the Industrial Products industry, placing it in the top 5.6%.
Is Veto Switchgears And Cables' Dividend Payout Ratio too high?
Veto Switchgears And Cables' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.26. Based on the distribution chart, Veto Switchgears And Cables ranks #96 out of 1719 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Veto Switchgears And Cables has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veto Switchgears And Cables' Dividend Payout Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Veto Switchgears And Cables ranks #96 out of 1719 companies for Dividend Payout Ratio. This places Veto Switchgears And Cables in the top 6% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.37. Historically, Veto Switchgears And Cables' own Dividend Payout Ratio has ranged from 0.07 to 0.26 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,719 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Veto Switchgears And Cables and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veto Switchgears And Cables's current Dividend Payout Ratio is 0.00. 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 ₹162.03, compared to a current price of ₹126.65 — trading 21.8% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Veto Switchgears And Cables' overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Veto Switchgears And Cables (BOM:539331), the current Dividend Payout Ratio is 0.00 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 ₹126.65 is trading 21.8% below its estimated GF Value™ of ₹162.03. GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.

Key valuation signals for BOM:539331:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ₹162.03 vs. price of ₹126.65 (21.8% below fair value)
  • GF Score™: 80/100 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.
80GF Score

Get the complete analysis for BOM:539331

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

₹126.65
Price
₹162.03
GF Value