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HAVELLS vs VETO: Stock Comparison

HAVELLS INDIA vs VETO SWITCHGEAR CABLEUpdated 11 Nov 26, 4:08 PM ISTNSE & company filings

HAVELLS INDIA is the larger company by market capitalisation. HAVELLS INDIA shows a higher ROE, a higher dividend yield and lower leverage, while VETO SWITCHGEAR CABLE shows a lower P/E and faster revenue growth. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

HAVELLS leads 8; VETO leads 5 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

HAVELLSVETO

Valuation lens

What price are you paying?

Market CapContext only
₹73,864 Cr
₹264 Cr
P/E RatioVETO has the lower reading
44.38x
9.68x ✓
P/B RatioVETO has the lower reading
7.55x
0.82x ✓
EPSHAVELLS has the higher reading
₹26.5 ✓
₹4.39
Book ValueContext only
₹155.74
₹151.78
Dividend YieldHAVELLS has the higher reading
1.03% ✓
0.71%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
HAVELLS is the larger company
₹73,864 Cr vs ₹264 Cr
P/E Ratio
VETO has a lower P/E
9.68x vs 44.38x
P/B Ratio
VETO has a lower P/B
0.82x vs 7.55x
EPS
HAVELLS has higher earnings per share
₹26.5 vs ₹4.39
Dividend Yield
HAVELLS has a higher dividend yield
1.03% vs 0.71%
Revenue Growth (TTM YoY)
VETO has faster revenue growth
55.7% vs 2.5%
EPS Growth (TTM YoY)
HAVELLS has faster EPS growth
39.6% vs 17.8%
Qtr Sales Growth
VETO has stronger quarterly sales growth
32.23% vs -1.32%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricHAVELLSVETO
SectorConsumer DurablesConsumer Durables
IndustryConsumer ElectronicsConsumer Electronics

Price

MetricHAVELLSVETO
Live Price₹1,174.1₹137.04
Day Change1.26%-0.8%
Volume10.31 L71,853
52-Week High₹1,514.7₹155.9
52-Week Low₹999.2₹82.32
Distance from 52W High-22.49%-12.1%

Valuation

MetricHAVELLSVETO
Market Cap₹73,864 Cr₹264 Cr
P/E Ratio44.38x9.68x
P/B Ratio7.55x0.82x
EPS₹26.5₹4.39
Book Value₹155.74₹151.78
Dividend Yield1.03%0.71%

Growth

MetricHAVELLSVETO
Revenue Growth (TTM YoY)2.5%55.7%
EPS Growth (TTM YoY)39.6%17.8%
Qtr Sales Growth-1.32%32.23%
Qtr Profit Growth20.54%38.1%

Profitability & Leverage

MetricHAVELLSVETO
ROE18%8.47%
ROCE20.49%8.41%
Net Margin7.78%6.36%
Operating Margin10.07%9.14%
Debt to Equity0x0.07x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricHAVELLSVETO
Promoter Holding59.35%41.22%
FII Holding14.47%▼ 1.44 pp0.66%▲ 0.25 pp
DII Holding19.86%▲ 1.6 pp0%
Public Holding6.32%▼ 0.16 pp54.28%▼ 0.25 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: HAVELLS INDIA and VETO SWITCHGEAR CABLE.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.