Veto Switchgears And Cables (BOM:539331) Tax Rate %: 25.71% (As of Mar. 2026)

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BOM:539331 Veto Switchgears And Cables Ltd BOM:539331
80 GF Score
Price ₹124.00
GF Value ₹163.78
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Veto Switchgears And Cables Tax Rate %?

Veto Switchgears And Cables BOM:539331 +0.08% 80 Tax Rate % is 25.71% as of Mar. 2026. GuruFocus rates BOM:539331 with a GF Score™ of 80/100 and a GF Value™ of ₹163.78 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Veto Switchgears And Cables's Tax Expense for the three months ended in Mar. 2026 was ₹30 Mil. Veto Switchgears And Cables's Pre-Tax Income for the three months ended in Mar. 2026 was ₹119 Mil. Therefore, Veto Switchgears And Cables's Tax Rate % for the quarter that ended in Mar. 2026 was 25.71%.

Veto Switchgears And Cables Tax Rate % Related Terms

Veto Switchgears And Cables Tax Rate % Historical Data

* Premium members only.

The historical data trend for Veto Switchgears And Cables's Tax Rate % 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 Tax Rate % Chart

Veto Switchgears And Cables Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.24 32.75 37.18 26.14 26.32

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
Tax Rate % 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 25.20 30.33 22.44 28.38 25.71
BOM:539331
80GF Score
Veto Switchgears And Cables Ltd BOM:539331
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Veto Switchgears And Cables Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

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

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=87.832/333.667
=26.32 %

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

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=30.471/118.51
=25.71 %

* 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 Tax Rate % →
What does a Tax Rate % of 25.71% mean?
Veto Switchgears And Cables (BOM:539331) has a Tax Rate % of 25.71% as of Mar. 2026.
Is Veto Switchgears And Cables' Tax Rate % too high?
Veto Switchgears And Cables' current Tax Rate % is 25.71%. 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' Tax Rate % compare to VRT and BE?
Veto Switchgears And Cables' Tax Rate % of 25.71% 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 Tax Rate % for an Industrial Products company?
A good Tax Rate % depends on the Industrial Products industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Veto Switchgears And Cables's current Tax Rate % is 25.71%. 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 ₹163.78, compared to a current price of ₹124.00 — trading 24.3% below its estimated fair value. The current Tax Rate % is 25.71%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Veto Switchgears And Cables (BOM:539331), the current Tax Rate % is 25.71% 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 ₹124.00 is trading 24.3% below its estimated GF Value™ of ₹163.78. GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.

Key valuation signals for BOM:539331:

  • Tax Rate %: 25.71%
  • GF Value™: ₹163.78 vs. price of ₹124.00 (24.3% 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

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

₹124.00
Price
₹163.78
GF Value