Honda India Power Products Ltd vs Veto Switchgears Cables Ltd Stock Comparison

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Last Updated on: May 27, 2026

Key Highlights

The Latest Trading Price of Honda India Power Products Ltd is ₹ 2250 as of 26 May 15:30 . The P/E Ratio of Honda India Power Products Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe P/E Ratio of Veto Switchgears & Cables Ltd changed from 15 on March 2021 to 8.7 on March 2025 . This represents a CAGR of -10.32% over 5 years The Market Cap of Honda India Power Products Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Market Cap of Veto Switchgears & Cables Ltd changed from ₹ 221.54 crore on March 2021 to ₹ 193.39 crore on March 2025 . This represents a CAGR of -2.68% over 5 years The revenue of Honda India Power Products Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The revenue of Veto Switchgears & Cables Ltd for the Dec '25 is ₹ 94.77 crore as compare to the Sep '25 revenue of ₹ 89.62 crore. This represent the growth of 5.75% The ebitda of Honda India Power Products Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The ebitda of Veto Switchgears & Cables Ltd for the Dec '25 is ₹ 10.36 crore as compare to the Sep '25 ebitda of ₹ 9.22 crore. This represent the growth of 12.36% The net profit of Honda India Power Products Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% The net profit of Veto Switchgears & Cables Ltd changed from ₹ 4.88 crore to ₹ 6.27 crore over 7 quarters. This represents a CAGR of 15.40% The Dividend Payout of Honda India Power Products Ltd changed from 20.83 % on March 2021 to 27.27 % on March 2025 . This represents a CAGR of 5.54% over 5 yearsThe Dividend Payout of Veto Switchgears & Cables Ltd changed from 11.86 % on March 2021 to 8.88 % on March 2025 . This represents a CAGR of -5.62% over 5 years .

About Honda India Power Products Ltd

Honda India Power Products Limited (Formerly known as Honda Siel Power Products Limited) was incorporated in September, 1985 as a Joint Venture.
Earlier it was called Shriram Honda Power, promoted by Honda Motor Co, Japan, and Shriram Industrial Enterprises.
In 1998-99, it changed its name to Honda Siel Power Products Limited and again changed to Honda India Power Products Limited on May 24, 2020.
Honda Motor, Japan, holds a 66.67% stake in the company.
The Company is primarily engaged in manufacturing and marketing the portable gensets, water pumps, general purpose engines, lawn mowers, brush cutters, tillers and marine engines.

About Veto Switchgears & Cables Ltd

Veto Switchgears and Cables Limited was originally incorporated as a Partnership Firm on June 26, 2003 as 'Veto Industries'.
On April 1, 2007, the Firm was changed to 'Veto Switchgears and Cables' and subsequently, on June 20, 2007, the Partnership Firm was converted into the Private Company as 'Veto Switchgears and Cables Private Limited' and thereafter, it got changed to 'Veto Switchgears and Cables Limited' on August 3, 2012. Veto is the first company to produce ISI mark electrical accessories in India.
Its manufacturing plants in India are located at Haridwar and Mumbai which are continuously manufacturing all the products with excellence and precision in the electrical industry.
Veto Switchgears is part of Jaipur, Rajasthan based Gurnani Group which engages in manufacturing of wires & cables, electrical accessories & also deals in LED lighting, CFL & Fans.

FAQs for the comparison of Honda India Power Products Ltd and Veto Switchgears & Cables Ltd

Which company has a larger market capitalization, Honda India Power Products Ltd or Veto Switchgears & Cables Ltd?

Market cap of Honda India Power Products Ltd is 2,281 Cr while Market cap of Veto Switchgears & Cables Ltd is 214 Cr

What are the key factors driving the stock performance of Honda India Power Products Ltd and Veto Switchgears & Cables Ltd?

The stock performance of Honda India Power Products Ltd and Veto Switchgears & Cables Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Honda India Power Products Ltd and Veto Switchgears & Cables Ltd?

As of May 27, 2026, the Honda India Power Products Ltd stock price is INR ₹2250.45. On the other hand, Veto Switchgears & Cables Ltd stock price is INR ₹112.45.

How do dividend payouts of Honda India Power Products Ltd and Veto Switchgears & Cables Ltd compare?

To compare the dividend payouts of Honda India Power Products Ltd and Veto Switchgears & Cables Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.