Comparison · NSE · data 2026-11-02
Plaza Wires Limited vs Veto Switchgears & Cables Ltd.
In plain words
Size: Veto Switchgears & Cables Ltd. is about 1 times the market value of Plaza Wires Limited.
Valuation (P/E): Plaza Wires Limited 20.8 vs Veto Switchgears & Cables Ltd. 8.4.
Return on equity: Veto Switchgears & Cables Ltd. 9% vs Plaza Wires Limited 5.8%.
Profit growth over 3 years: Veto Switchgears & Cables Ltd. 7.5% a year vs Plaza Wires Limited 0% a year.
Debt to equity: Plaza Wires Limited 0.25 vs Veto Switchgears & Cables Ltd. 0.07.
Differences in the numbers, not a recommendation of either stock.
Side by side
| PLAZACABLE | VETO | |
|---|---|---|
| Price | ₹50.99 | ₹120.53 |
| Market cap | ₹224 cr | ₹227 cr |
| P/E | 20.8 | 8.4 |
| P/B | — | — |
| ROE | 5.8% | 9.0% |
| ROCE | 9.9% | 12.2% |
| Debt / equity | 0.25 | 0.07 |
| Operating margin | 5.2% | 8.9% |
| Dividend yield | 0.00% | 0.84% |
| Sales growth, 3 years (yearly) | 20.3% | 10.0% |
| Profit growth, 3 years (yearly) | 0.0% | 7.5% |
| 1-year return | 3.4% | -0.4% |
| Revenue, last 12 months | ₹343 cr | ₹411 cr |
| Net profit, last 12 months | ₹11 cr | ₹27 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹5 cr | ₹6 cr |
| Quarter profit vs a year earlier | +316.7% | +72.6% |
| Promoter holding | 69.83% | 45.06% |
| Health check | Strong (6.9/10) | Strong (7/10) |
Common questions
Which has a higher P/E, Plaza Wires Limited or Veto Switchgears & Cables Ltd.?
Plaza Wires Limited trades at the higher P/E (20.8 against 8.4). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Veto Switchgears & Cables Ltd. (9.0% against 5.8%).
Which carries more debt?
Plaza Wires Limited has the higher debt-to-equity ratio (0.25 against 0.07).