Triveni Turbine Ltd vs Veto Switchgears Cables Ltd Stock Comparison
Triveni Turbine Ltd vs Veto Switchgears Cables Ltd Stock Comparison
Last Updated on: May 26, 2026
Key Highlights
The Latest Trading Price of Triveni Turbine Ltd is ₹ 691.2 as of 26 May 15:30
. The P/E Ratio of Triveni Turbine Ltd changed from 32.1 on March 2021 to 50 on March 2025 . This represents a CAGR of 9.27% 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 Triveni Turbine Ltd changed from ₹ 3291 crore on March 2021 to ₹ 17864 crore on March 2025 . This represents a CAGR of 40.26% 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 Triveni Turbine Ltd for the Mar '26 is ₹ 696 crore as compare to the Dec '25 revenue of ₹ 643.5 crore. This represent the growth of 8.16% The revenue of Veto Switchgears & Cables Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 94.77 crore. This represent the decline of -100% The ebitda of Triveni Turbine Ltd for the Mar '26 is ₹ 144.1 crore as compare to the Dec '25 ebitda of ₹ 137 crore. This represent the growth of 5.18% The ebitda of Veto Switchgears & Cables Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 10.36 crore. This represent the decline of -100% The net profit of Triveni Turbine Ltd changed from ₹ 80.4 crore to ₹ 101.9 crore over 8 quarters. This represents a CAGR of 12.58%
The net profit of Veto Switchgears & Cables Ltd changed from ₹ 4.88 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of -100.00%
The Dividend Payout of Triveni Turbine Ltd changed from 43.73 % on March 2021 to 33.97 % on March 2025 . This represents a CAGR of -4.93% 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 Triveni Turbine Ltd
Triveni Turbine Limited (TTL) was formerly incorporated as 'Triveni Sri Limited' on June 27, 1995.
The Company changed the name from Triveni Sri Limited to Triveni Retail Ventures Limited on 19 January, 2007 and was further changed from Triveni Retail Ventures Limited to Triveni Turbine Limited on March 12, 2010.
The Company is primarily engaged in manufacture and supply of power generating equipment and solutions and has manufacturing facilities at Bengaluru, Karnataka.
The Company is a subsidiary of Triveni Engineering & Industries Limited and has been dealing with machinery for sugar manufacture.
The year 2002-03 was significant to the Company as it launched the first short retention type clarifier based on SRI technology in Indian Market.
In FY 2014, GE Triveni Limited (GETL), a joint venture received an order for a 45 MW turbine from a cement manufacturer and a 31 MW order from a sugar manufacturer.
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 Triveni Turbine Ltd and Veto Switchgears & Cables Ltd
Which company has a larger market capitalization, Triveni Turbine Ltd or Veto Switchgears & Cables Ltd?
Market cap of Triveni Turbine Ltd is 21,972 Cr while Market cap of Veto Switchgears & Cables Ltd is 214 Cr
What are the key factors driving the stock performance of Triveni Turbine Ltd and Veto Switchgears & Cables Ltd?
The stock performance of Triveni Turbine 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 Triveni Turbine Ltd and Veto Switchgears & Cables Ltd?
As of May 26, 2026, the Triveni Turbine Ltd stock price is INR ₹691.2. On the other hand, Veto Switchgears & Cables Ltd stock price is INR ₹112.45.
How do dividend payouts of Triveni Turbine Ltd and Veto Switchgears & Cables Ltd compare?
To compare the dividend payouts of Triveni Turbine 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.