Veto Switchgears and Cables Ltd

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )
INCOME :
Sales Turnover	218.3	253.63	239.08	176.74	97.3
Other Income	0.38	1.98	1.65	0.24	0.54
Stock Adjustments	54.87	7.06	2.73	6.09	3.98
Total Income	273.55	262.67	243.46	183.07	101.82
EXPENDITURE :
Raw Materials	227.53	196.97	206.85	134.09	68.48
Excise Duty	0	0.56	0	0	0
Power and Fuel Cost	1.08	1.11	0.99	1.08	0.97
Other Manufacturing Expenses	3.25	3.22	-13.37	5.37	4.38
Employee Cost	9.03	8.68	11.96	7.38	5.83
Selling and Administration Expenses	9.01	7.41	8.56	7.83	5.4
Miscellaneous Expenses	2.31	1.45	1.36	5.42	1.04
Less: Preoperative Expenditure Capitalised	0	0	0	0	0
Profit before Interest, Depreciation and Tax	21.31	43.26	27.1	21.9	15.72
Interest and Financial Charges	3.89	2.76	4.12	4.55	3.95
Profit before Depreciation and Tax	17.42	40.5	22.98	17.35	11.77
Depreciation	1.47	1.58	1.66	1.97	2.01
Minority Interest before PAT	0	0	0	0	0
Profit Before Tax	15.95	38.92	21.3	15.38	9.75
Tax	4.38	9.95	2.98	2.29	2.61
Profit After Tax	11.57	28.97	18.32	13.09	7.14
Minority Interest after PAT	0	0	0	0	0
Profit/Loss of Associate Company	0	0	0	0	0
Profit after Minority Interest and P/L of Assoc. Co.	11.57	28.97	18.32	13.09	7.14
Adjustment below Net Profit	0	-0.41	-1.74	0	-0.02
P and L Balance brought forward	89.54	62.82	50.82	38.38	31.25
Appropriations	0	1.83	4.58	4.41	0
P and L Bal. carried down	101.11	89.54	62.82	47.06	38.38
Equity Dividend	0	1.83	4.58	3.67	0
Preference Dividend	0	0	0	0	0
Corporate Dividend Tax	0	0	0	0.75	0
Equity Dividend (%)	0	20	20	20	0
Earning Per Share (Rs.)	6.05	15.81	10	6.74	3.9
Book Value	87.53	70.56	55.36	44.14	39.64
Extraordinary Items	0	0.03	0.03	-4.28	0.24

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

INCOME :

Sales Turnover

218.3

253.63

239.08

176.74

97.3

Other Income

0.38

1.98

1.65

0.24

0.54

Stock Adjustments

54.87

7.06

2.73

6.09

3.98

Total Income

273.55

262.67

243.46

183.07

101.82

EXPENDITURE :

Raw Materials

227.53

196.97

206.85

134.09

68.48

Excise Duty

0.56

Power and Fuel Cost

1.08

1.11

0.99

1.08

0.97

Other Manufacturing Expenses

3.25

3.22

-13.37

5.37

4.38

Employee Cost

9.03

8.68

11.96

7.38

5.83

Selling and Administration Expenses

9.01

7.41

8.56

7.83

5.4

Miscellaneous Expenses

2.31

1.45

1.36

5.42

1.04

Less: Preoperative Expenditure Capitalised

Profit before Interest, Depreciation and Tax

21.31

43.26

27.1

21.9

15.72

Interest and Financial Charges

3.89

2.76

4.12

4.55

3.95

Profit before Depreciation and Tax

17.42

40.5

22.98

17.35

11.77

Depreciation

1.47

1.58

1.66

1.97

2.01

Minority Interest before PAT

Profit Before Tax

15.95

38.92

21.3

15.38

9.75

Tax

4.38

9.95

2.98

2.29

2.61

Profit After Tax

11.57

28.97

18.32

13.09

7.14

Minority Interest after PAT

Profit/Loss of Associate Company

Profit after Minority Interest and P/L of Assoc. Co.

11.57

28.97

18.32

13.09

7.14

Adjustment below Net Profit

-0.41

-1.74

-0.02

P and L Balance brought forward

89.54

62.82

50.82

38.38

31.25

Appropriations

1.83

4.58

4.41

P and L Bal. carried down

101.11

89.54

62.82

47.06

38.38

Equity Dividend

1.83

4.58

3.67

Preference Dividend

Corporate Dividend Tax

0.75

Equity Dividend (%)

Earning Per Share (Rs.)

6.05

15.81

6.74

3.9

Book Value

87.53

70.56

55.36

44.14

39.64

Extraordinary Items

0.03

-4.28

0.24

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )
SOURCES OF FUNDS :
Share Capital	19.11	18.33	18.33	18.33	18.33
Reserves and Surplus	148.2	130.12	83.13	62.56	54.33
Total Shareholders Funds	167.31	148.45	101.46	80.89	72.66
Secured Loans	40.16	37.66	30.9	42.27	34.82
Unsecured Loans	0	0	0	0	0
Total Debt	40.16	37.66	30.9	42.27	34.82
Minority Interest	0	0	0	0	0
Total Liabilities	207.47	186.11	132.36	123.16	107.48
APPLICATION OF FUNDS :
Gross Block	44.69	35.88	31.46	30.86	29.81
Less: Accum. Depreciation	14.48	13.03	11.58	9.92	8.02
Net Block	30.21	22.85	19.88	20.94	21.79
Capital Work in Progress	0.26	7.32	7.77	2.86	0.01
Investments	0.01	0.01	0.01	0.31	0.5
Current Assets, Loans and Advances
Inventories	98.11	44.63	39.1	35.13	25
Sundry Debtors	60.98	106.55	56.02	41.78	33.4
Cash and Bank Balance	15.08	3.15	9.79	15.4	2.18
Loans and Advances	13.52	15.19	6.89	7.26	19.44
Less: Current Liab. and Prov.
Current Liabilities	12.6	10.07	10.83	15.74	13.36
Provisions	0.19	5.44	2.29	3.31	0.17
Net Current Assets	174.9	154.01	98.68	80.52	66.49
Miscellaneous Expenses not w/o	0	0	0	0	0
Total Assets	205.38	184.19	126.34	104.63	88.79
Contingent Liabilities	0.11	0.11	0.21	1.02	1.22

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

SOURCES OF FUNDS :

Share Capital

19.11

18.33

Reserves and Surplus

148.2

130.12

83.13

62.56

54.33

Total Shareholders Funds

167.31

148.45

101.46

80.89

72.66

Secured Loans

40.16

37.66

30.9

42.27

34.82

Unsecured Loans

Total Debt

40.16

37.66

30.9

42.27

34.82

Minority Interest

Total Liabilities

207.47

186.11

132.36

123.16

107.48

APPLICATION OF FUNDS :

Gross Block

44.69

35.88

31.46

30.86

29.81

Less: Accum. Depreciation

14.48

13.03

11.58

9.92

8.02

Net Block

30.21

22.85

19.88

20.94

21.79

Capital Work in Progress

0.26

7.32

7.77

2.86

0.01

Investments

0.01

0.31

0.5

Current Assets, Loans and Advances

Inventories

98.11

44.63

39.1

35.13

Sundry Debtors

60.98

106.55

56.02

41.78

33.4

Cash and Bank Balance

15.08

3.15

9.79

15.4

2.18

Loans and Advances

13.52

15.19

6.89

7.26

19.44

Less: Current Liab. and Prov.

Current Liabilities

12.6

10.07

10.83

15.74

13.36

Provisions

0.19

5.44

2.29

3.31

0.17

Net Current Assets

174.9

154.01

98.68

80.52

66.49

Miscellaneous Expenses not w/o

Total Assets

205.38

184.19

126.34

104.63

88.79

Contingent Liabilities

0.11

0.21

1.02

1.22