Veto Switchgears And Cables (BOM:539331) Retained Earnings: ₹0 Mil (As of Mar. 2026)

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BOM:539331 Veto Switchgears And Cables Ltd BOM:539331
81 GF Score
Price ₹120.40
GF Value ₹163.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Veto Switchgears And Cables Retained Earnings?

Veto Switchgears And Cables BOM:539331 -1.35% 81 Retained Earnings is ₹0 Mil as of Mar. 2026. GuruFocus rates BOM:539331 with a GF Score™ of 81/100 and a GF Value™ of ₹163.52 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Veto Switchgears And Cables's retained earnings for the quarter that ended in Mar. 2026 was ₹0 Mil.

Veto Switchgears And Cables's annual retained earnings increased from Mar. 2024 (₹1,821 Mil) to Mar. 2025 (₹2,023 Mil) but then declined from Mar. 2025 (₹2,023 Mil) to Mar. 2026 (₹0 Mil).


Veto Switchgears And Cables  (BOM:539331) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Veto Switchgears And Cables Retained Earnings Historical Data

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The historical data trend for Veto Switchgears And Cables's Retained Earnings 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 Retained Earnings Chart

Veto Switchgears And Cables Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,432.72 1,616.02 1,820.86 2,023.06 0.00

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
Retained Earnings 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 2,023.06 0.00 0.00 0.00 0.00
BOM:539331
81GF Score
Veto Switchgears And Cables Ltd BOM:539331
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Veto Switchgears And Cables Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₹0 Mil mean?
Veto Switchgears And Cables (BOM:539331) has a Retained Earnings of ₹0 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Veto Switchgears And Cables and its competitors.
Is Veto Switchgears And Cables' Retained Earnings too high?
Veto Switchgears And Cables' current Retained Earnings is ₹0 Mil. Overall, Veto Switchgears And Cables has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veto Switchgears And Cables' Retained Earnings compare to VRT and BE?
Veto Switchgears And Cables' Retained Earnings of ₹0 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Industrial Products company?
A good Retained Earnings depends on the Industrial Products industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Veto Switchgears And Cables and its competitors. Veto Switchgears And Cables's current Retained Earnings is ₹0 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 ₹163.52, compared to a current price of ₹120.40 — trading 26.4% below its estimated fair value. The current Retained Earnings is ₹0 Mil. Veto Switchgears And Cables' overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Veto Switchgears And Cables (BOM:539331), the current Retained Earnings is ₹0 Mil 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 ₹120.40 is trading 26.4% below its estimated GF Value™ of ₹163.52. GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.

Key valuation signals for BOM:539331:

  • Retained Earnings: ₹0 Mil
  • GF Value™: ₹163.52 vs. price of ₹120.40 (26.4% below fair value)
  • GF Score™: 81/100 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.
81GF Score

Get the complete analysis for BOM:539331

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

₹120.40
Price
₹163.52
GF Value