Veto Switchgears And Cables Limited has informed the Exchange about Investor Presentation
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SIN C E 1967
ANDHERI
(WEST), MUMBAI, MAHARASHTRA
400053
ALL
ELECTRICAL
SEGMENT
CIN :L31401MH2007PLC171844
GURNANI ,••;,.II'A
To The Secretary - Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai
-400001
Ref: SCRIP CODE: 539331; VETO
Dear Sir(s)
Date: February 15th, 2021
The Secretary - Listing Department National Stock Exchange Limited Exchange Plaza, 5th Floor, Plot No. en, G-Block, Bandra-Kurla Complex, Bandra (East) Mumbai
-400051
Subject: Clarification
Sought on announcement
submitted
regarding PPT for Investors of
Veto Switchgears and Cables Limited.
With reference
to the
above mentioned
subject
regarding
clarification
sought
on
announcement
submitted
to exchange regarding PPT of Veto Switchgears
and Cables
Limited for Investors.
You are requested to take the above on record.
Vars a Ranee Cho·~ll\8~ __ "" Company Secretary c
Corporate Office : 4th Floor, Plot No. 10, Days Hotel, AirportPlaza Scheme, Behind Hotel Radisson Blu,Tonk Road, Durgapura, Jaipur-302 018 (Rajasthan) Tel: 0141-6667777 Extn. 775 Email: info@vetoswitchgears.com,vetoswitchgears@yahoo.co.in, Website: www.vetoswitchgears.com Factory: Plot No. 65-67 & 74-77, Sector -5, liE, SIDCUL,Ranipur, Haridwar-249403
Veto Switchgears & Cable Limited
www.vetoswitchgears.com
ISO 9001:2008 Certified Company
Gurnani Group
are
engaged
We in manufacturing of Wires & Cables, Electrical Accessories, Industrial Cables , Fans, CFL Lamps, Pumps, Modular Switches, LED lights , Immersion Heater, MCB and distribution boards.
Veto Switchgears & Cable Limited
Lighting To Million
Of Possibilities
www.vetoswitchgears.com
Brief History
Veto Switchgears & Cable Limited
How We Started
The company was incorporated as a private limited
company on June 20, 2007 by conversion of partnership firm “M/s Veto Switchgears and Cables”.
The company is part of Jaipur, Rajasthan based
Gurnani Group which has interests in wires and
cables, electrical accessories like switch, sockets, mcb, all type of other accessories, cfl, led and fan.
The group is continuously getting more and more into
domestic market because of its Professional management, continuous updating of technology
and strict quality controls, strives for maximum
customers satisfaction.
The group sustained the position as a leading supplier of electrical goods more than a decade in
the Indian Market.
Veto's strategic acquisition of Vankon modular Pvt Ltd.
Over the years, the company has strengthened manufacturing capacity by undertaking expansion from time- to-time.
Each and every item is manufactured by using bright annealed Electrolytic, Copper and insulated with high graded of PVC that is formulated as per our in house research.
Presently M/s Veto Switchgears & Cables Ltd is having 3 manufacturing units located at Vasai, Mumbai and having an another large unit at SIDCUL, Haridwar.
Continuing to the above in 2019 company started greenfield manufacturing unit (100% Subsidiary) at Mahindra SEZ, Jaipur.
In 2020 Company Started Veto Led Lighting Pvt LTd. 100 % subsidiary at Vasai, Mumbai
Veto has invested Rs5 crore in Vankon Modular Pvt. Ltd. for acquring 93.41 % stake with payback of around 2 years.
PRESENT STATUS
Lightning Your Dreams With Veto
www.vetoswitchgears.com
PRODUCTS
Lightning Your Dreams With Veto
www.vetoswitchgears.com
Electrical Accessories
Wires & Cables
Fans
Digital Switches
LED COB Spot Light Series
SwitchGears
Management
MANAGEMENT & KEY PERSONS
MR. AKSHAY KUMAR GURNANI
MD & CEO
MR. NARAIN DAS GURNANI WHOLETIME DIRECTOR & CFO
DR. KANWARJEET SINGH INDEPENDENT DIRECTOR
MR. HARI KRISHNA MOTWANI
INDEPENDENT DIRECTOR
Key Persons
Commitment to Trust & Safety From 50 Years
www.vetoswitchgears.com
MR. GOVIND RAM THAWANI
INDEPENDENT DIRECTOR
MS. JYOTI GURNANI
WOMEN DIRECTOR
MR.MOHD. KHALID
PRODUCTION HEAD
MR. VASUDEV LALWANI MARKETING HEAD
MRS. VARSHA RANI CHAUDHRAY COMPANY SECRETARY
Amount in Lac
GEOGRAPHICAL SALES
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Capacity in Lac Bundles
Capacity in Lac Pieces
PRODUCTION CAPACITY
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Veto Today & Veto-Vankon Tomorrow
Vankon currently has 1500 Dealers (Growing at 30% Y-on-Y from inception)
Average revenue from Veto dealer is Rs6lacs and that from Vankon is Rs4lacs. Average revenue for Veto Retailer is Rs1lac and for Vankon retailer is Rs80 thousand.
Veto sees immense opportunity in Switchgear, Hi-End designer lighting led & fast moving electrical goods for next couple of years.
Veto Dealers
010203 Switchgears
INDUSTRY DETAILS
Lightning Your Dreams With Veto
www.vetoswitchgears.com
The wires and cables market in India comprises nearly 40 per cent of the electrical industry and is growing at a CAGR of 15 per cent as a result of growth in the power and infrastructure segments. CRISIL Research estimates the switchgear industry to be at Rs183 billion in fiscal 2018, having grown approximately 7% between fiscals 2014 and 2018. CRISIL Research expects the Indian switchgear industry to grow at a CAGR of approximately 9% and reach Rs286 billion in fiscal 2023.
Wires & Cables
INDUSTRY DETAILS
Lightning Your Dreams With Veto
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This segment is a low entry barrier business and has many players. In this business, ~40-50 brands are there. Most of these brands are only in wire and cable business. The government is the main customer in this segment. The main customers for wire and cable industries are automotive, telecommunication and construction industries. In the past few years, these three have witnessed a rapid expansion and have led to an annual growth of about 25%.
Fans
INDUSTRY DETAILS
Lightning Your Dreams With Veto
www.vetoswitchgears.com
Driven by favorable demographics and higher disposable incomes, India’s consumption is poised to grow at a faster pace in coming years. The most striking aspect of India’s consumption story is the emergence of about 390 mn new middle-income consumers by 2025 (aggregating 550 mn), representing a quadrupling of consumption, to be the 5th largest consumer market in the world. Moreover, it is believed that consumer durable remain underpenitrated, and the extremely low market penetration makes the sector quite attractive. The macroeconomic conditions would provide a strong boost to the consumer appliances sector, thereby making the long-term prospects attractive.
LED's
INDUSTRY DETAILS
Lightning Your Dreams With Veto
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In the Year 2016 the company has launched LED panel Lights, LED Flood Light, Slim Panel Light, LED Flood Light under the brand name “Vyoma”. Its major distribution in India covers more than 10 states including major sale in Rajasthan and Gujarat. Also, as per the latest announcement of our Power Minister India is expected to switch over to LED bulbs which would result in a massive saving of 100 billion units of electricity and Rs. 14,000 crore per annum to the nation. Apparently, one unit saved equals 1.3 unit generations and after accounting for transmission losses, judicious use of energy would result in reduced production costs as well as help conserve the environment.
CONSOLIDATED RESULT SUMMARY Q3 FY2021
Commitment to Trust & Safety From 50 Years
www.vetoswitchgears.com
CONSOLIDATED RESULTS SUMMARY 9M FY2021
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Q3 FY2021 & 9M FY2021 RESULT SUMMARY
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RATIO ANALYSIS
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NETWORTH & VALUATION
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PROFIT & LOSS ANALYSIS
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CERTIFICATES & CSR
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Corporate Structure
www.vetoswitchgears.com
Over the years, we have diversified our products, adopted high-end technology to reach out to more customers and scaled operations with standardized systems and platforms, all underpinned by a collaborative performance culture.
Company targets from 4000 dealer/distributors to 10000 in next 3 to 4 years.
PLANS FOR 2025
Wide Distribution of Product in masses.
Visibility of company by appearance on various business platform and Emphasis on deep domestic presences.
Lightning Your Dreams With Veto
www.vetoswitchgears.com
Presences in 15 major states in domestic market upto 2025.
COMMITMENT
By our hard work, open communication and team work we will be the most insightful innovative and relevant, company in India.
HONESTY
We continue with our fair and transparent business in our operations to meet our obligations, sustain our growth and reach our goals.
TEAM WORK
To bring a positive change by satisfying the demands of the Customers in an Eco- Friendly manner. Our vision unites us as one organization focused on delivering best results.
OPTIMISTIC APPROACH
Core Values
The
We continue to drive forward, offering new technology and products to our customers. company’s major distribution covers western states in India including major sale in Gujarat and is planning to Rajasthan. Further, expand its distribution chain in around 10 states of Northern Region and 5 states in Southern Region of India.
it
VETO SHAREHOLDING PATTERN
Lightning Your Dreams With Veto
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Contact Information
Investor 's Contact
Mrs. Varsha Rani Chaudhray
cs@vetoswitchgears.com
Phone Number
+91-141-6667790
Email Address
info@vetoswitchgears.com
Website
www.vetoswitchgears.com
Address
Plot No 10, Days Hotel Airport Plaza Behind Radisson blu Hotel Durgapura, Tonk Road Jaipur-302018