Honeywell Automation India Ltd.
•₹ 36,700-0.04%
2026-08-21
PROS
- Company is almost debt free
- Company has a consistent dividend-paying track record
- Stock looks reasonably valued - P/E of 44.2 is below its historical median
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (25.7% of PBT)
- Company has delivered a poor profit growth of 2.7% over past five years
- Operating margins have contracted to 13.0% from 18.8%
- Stock is trading at 5.2x its book value
- Expensive relative to growth - PEG of 7.1
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LGEINDIA | 1632.40 | 0.00 | 110802.81 | 0.00 | 6528.63 | 1172.01 | 72333.50 | 1054.95 | 34.39 | 12.50 |
| 2. | DIXON | 14850.00 | 48.37 | 90796.06 | 0.07 | 717.83 | 156.35 | 15547.66 | 21.13 | 68.40 | 3.03 |
| 3. | HONAUT | 36765.95 | 0.00 | 32506.70 | 0.30 | 1507.00 | 1109.47 | 12044.00 | 918.00 | 17.04 | 14.32 |
| 4. | IFBIND | 1399.40 | 35.34 | 5670.20 | 0.00 | 43.05 | 64.56 | 1584.74 | 18.41 | 22.30 | 5.63 |
| 5. | WEL | 137.10 | 153.39 | 1837.25 | 0.00 | 3.97 | 258.63 | 233.56 | 50.93 | 18.31 | 3.89 |
| 6. | ONIDA | 36.62 | 0.00 | 1353.21 | 0.00 | -141.80 | -1035.31 | 1824.10 | 1195.07 | 5.37 | -6.27 |
| 7. | ELIN | 99.85 | 0.00 | 496.35 | 0.00 | -21.41 | -328.00 | 362.80 | 25.64 | 8.50 | 1.10 |
| 8. | KHAITANLTD | 146.94 | 11.54 | 69.80 | 0.00 | 24.37 | 3077.31 | 414.53 | 2217.62 | 27.75 | 6.44 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 932 | 1,104 | 1,071 | 951 | 960 | 1,024 | 1,091 | 1,114 | 1,183 | 1,149 | 1,169 | 1,181 | 1,204 | |
| 812 | 966 | 910 | 781 | 806 | 895 | 949 | 955 | 1,042 | 1,018 | 1,021 | 996 | 1,048 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 33 | 40 | 28 | 42 | 44 | 41 | 50 | 47 | 42 | 44 | 46 | 48 | 46 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 4 | 1 | 2 |
| Depreciation | 14 | 14 | 13 | 14 | 13 | 14 | 14 | 14 | 13 | 13 | 13 | 15 | 14 |
| 139 | 164 | 174 | 197 | 184 | 155 | 176 | 190 | 168 | 161 | 165 | 215 | 203 | |
| Tax % | 25.72% | 25.63% | 26.70% | 24.89% | 25.86% | 25.89% | 24.94% | 26.45% | 25.83% | 25.64% | 26.50% | 25.82% | 25.80% |
| Net Profit | 103 | 122 | 128 | 148 | 136 | 115 | 132 | 140 | 125 | 120 | 121 | 160 | 151 |
| 117 | 138 | 145 | 168 | 154 | 130 | 149 | 158 | 141 | 135 | 137 | 181 | 17 | |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 932
- 812
- Operating Profit
- —
- OPM %
- —
- Other Income
- 33
- Interest
- 1
- Depreciation
- 14
- 139
- Tax %
- 25.72%
- Net Profit
- 103
- 117
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,104
- 966
- Operating Profit
- —
- OPM %
- —
- Other Income
- 40
- Interest
- 1
- Depreciation
- 14
- 164
- Tax %
- 25.63%
- Net Profit
- 122
- 138
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,071
- 910
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 1
- Depreciation
- 13
- 174
- Tax %
- 26.70%
- Net Profit
- 128
- 145
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 951
- 781
- Operating Profit
- —
- OPM %
- —
- Other Income
- 42
- Interest
- 1
- Depreciation
- 14
- 197
- Tax %
- 24.89%
- Net Profit
- 148
- 168
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 960
- 806
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 1
- Depreciation
- 13
- 184
- Tax %
- 25.86%
- Net Profit
- 136
- 154
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,024
- 895
- Operating Profit
- —
- OPM %
- —
- Other Income
- 41
- Interest
- 1
- Depreciation
- 14
- 155
- Tax %
- 25.89%
- Net Profit
- 115
- 130
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,091
- 949
- Operating Profit
- —
- OPM %
- —
- Other Income
- 50
- Interest
- 2
- Depreciation
- 14
- 176
- Tax %
- 24.94%
- Net Profit
- 132
- 149
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,114
- 955
- Operating Profit
- —
- OPM %
- —
- Other Income
- 47
- Interest
- 2
- Depreciation
- 14
- 190
- Tax %
- 26.45%
- Net Profit
- 140
- 158
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,183
- 1,042
- Operating Profit
- —
- OPM %
- —
- Other Income
- 42
- Interest
- 2
- Depreciation
- 13
- 168
- Tax %
- 25.83%
- Net Profit
- 125
- 141
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,149
- 1,018
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 2
- Depreciation
- 13
- 161
- Tax %
- 25.64%
- Net Profit
- 120
- 135
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,169
- 1,021
- Operating Profit
- —
- OPM %
- —
- Other Income
- 46
- Interest
- 4
- Depreciation
- 13
- 165
- Tax %
- 26.50%
- Net Profit
- 121
- 137
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,181
- 996
- Operating Profit
- —
- OPM %
- —
- Other Income
- 48
- Interest
- 1
- Depreciation
- 15
- 215
- Tax %
- 25.82%
- Net Profit
- 160
- 181
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,204
- 1,048
- Operating Profit
- —
- OPM %
- —
- Other Income
- 46
- Interest
- 2
- Depreciation
- 14
- 203
- Tax %
- 25.80%
- Net Profit
- 151
- 17
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,410 | 2,690 | 3,175 | 3,290 | 3,043 | 2,948 | 3,448 | 4,058 | 4,190 | 4,682 | 4,703 | |
| 2,125 | 2,324 | 2,692 | 2,662 | 2,451 | 2,512 | 2,928 | 3,464 | 3,599 | 4,074 | 4,082 | |
| Operating Profit | 326 | 400 | 577 | 738 | 676 | 519 | 650 | 738 | 772 | 790 | — |
| OPM % | 14 | 15 | 18 | 22 | 22 | 18 | 19 | 18 | 18 | 17 | — |
| Other Income | 42 | 34 | 95 | 110 | 84 | 82 | 130 | 143 | 182 | 182 | 184 |
| Interest | 3 | 4 | 6 | 10 | 9 | 9 | 6 | 9 | 12 | 16 | 10 |
| Depreciation | 16 | 15 | 16 | 41 | 49 | 52 | 52 | 54 | 54 | 54 | 54 |
| 307 | 381 | 555 | 687 | 618 | 458 | 591 | 675 | 706 | 709 | 744 | |
| Tax % | 45 | 34 | 35 | 28 | 26 | 26 | 26 | 26 | 26 | 26 | 26 |
| Net Profit | 169 | 250 | 359 | 491 | 460 | 339 | 438 | 501 | 524 | 525 | 551 |
| EPS | 192 | 282 | 406 | 556 | 520 | 384 | 495 | 570 | 595 | 597 | — |
| Dividend Payout % | 5 | 11 | 11 | 13 | 16 | 23 | 19 | 18 | 18 | 18 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 192 | 282 | 406 | 556 | 520 | 384 | 498 | 570 | 595 | 597 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 192 | 282 | 406 | 556 | 520 | 384 | 498 | 570 | 595 | 597 | — |
Mar 2017
- 2,410
- 2,125
- Operating Profit
- 326
- OPM %
- 14
- Other Income
- 42
- Interest
- 3
- Depreciation
- 16
- 307
- Tax %
- 45
- Net Profit
- 169
- EPS
- 192
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 192
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 192
Mar 2018
- 2,690
- 2,324
- Operating Profit
- 400
- OPM %
- 15
- Other Income
- 34
- Interest
- 4
- Depreciation
- 15
- 381
- Tax %
- 34
- Net Profit
- 250
- EPS
- 282
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 282
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 282
Mar 2019
- 3,175
- 2,692
- Operating Profit
- 577
- OPM %
- 18
- Other Income
- 95
- Interest
- 6
- Depreciation
- 16
- 555
- Tax %
- 35
- Net Profit
- 359
- EPS
- 406
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 406
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 406
Mar 2020
- 3,290
- 2,662
- Operating Profit
- 738
- OPM %
- 22
- Other Income
- 110
- Interest
- 10
- Depreciation
- 41
- 687
- Tax %
- 28
- Net Profit
- 491
- EPS
- 556
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 556
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 556
Mar 2021
- 3,043
- 2,451
- Operating Profit
- 676
- OPM %
- 22
- Other Income
- 84
- Interest
- 9
- Depreciation
- 49
- 618
- Tax %
- 26
- Net Profit
- 460
- EPS
- 520
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 520
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 520
Mar 2022
- 2,948
- 2,512
- Operating Profit
- 519
- OPM %
- 18
- Other Income
- 82
- Interest
- 9
- Depreciation
- 52
- 458
- Tax %
- 26
- Net Profit
- 339
- EPS
- 384
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 384
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 384
Mar 2023
- 3,448
- 2,928
- Operating Profit
- 650
- OPM %
- 19
- Other Income
- 130
- Interest
- 6
- Depreciation
- 52
- 591
- Tax %
- 26
- Net Profit
- 438
- EPS
- 495
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 498
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 498
Mar 2024
- 4,058
- 3,464
- Operating Profit
- 738
- OPM %
- 18
- Other Income
- 143
- Interest
- 9
- Depreciation
- 54
- 675
- Tax %
- 26
- Net Profit
- 501
- EPS
- 570
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 570
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 570
Mar 2025
- 4,190
- 3,599
- Operating Profit
- 772
- OPM %
- 18
- Other Income
- 182
- Interest
- 12
- Depreciation
- 54
- 706
- Tax %
- 26
- Net Profit
- 524
- EPS
- 595
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 595
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 595
Mar 2026
- 4,682
- 4,074
- Operating Profit
- 790
- OPM %
- 17
- Other Income
- 182
- Interest
- 16
- Depreciation
- 54
- 709
- Tax %
- 26
- Net Profit
- 525
- EPS
- 597
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 597
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 597
TTM
- 4,703
- 4,082
- Operating Profit
- —
- OPM %
- —
- Other Income
- 184
- Interest
- 10
- Depreciation
- 54
- 744
- Tax %
- 26
- Net Profit
- 551
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 8%
- 5 Years:
- 9%
- 3 Years:
- 11%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 14%
- 5 Years:
- 3%
- 3 Years:
- 6%
STOCK PRICE CAGR
- 10 Years:
- 14%
- 5 Years:
- -1%
- 3 Years:
- -3%
- 1 Year:
- -3%
RETURN ON EQUITY
- 10 Years:
- 17%
- 5 Years:
- 14%
- 3 Years:
- 14%
- Last Year:
- 12%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| 1,169 | 1,406 | 1,733 | 2,164 | 2,563 | 2,819 | 3,167 | 3,581 | 4,010 | 4,431 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 0 | 0 | |
| Trade Payables | 572 | 771 | 831 | 926 | 945 | 722 | 725 | 761 | 953 | 1,026 |
| 733 | 908 | 1,176 | 1,409 | 1,629 | 407 | 1,980 | 2,107 | 2,372 | 2,715 | |
| Total Liabilities | 2,483 | 3,094 | 3,750 | 4,507 | 5,145 | 3,957 | 5,880 | 6,469 | 7,343 | 8,180 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 79 | 84 | 85 | 196 | 217 | 181 | 151 | 170 | 202 | 202 | |
| Capital Work in Progress | 3 | 1 | 8 | 14 | 2 | 2 | 2 | 2 | 3 | 3 |
| 83 | 78 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 97 | 80 | 105 | 121 | 95 | 99 | 165 | 159 | 237 | 217 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 926 | 1,127 | 1,161 | |
| Cash & Bank | 578 | 841 | 1,225 | 1,514 | 1,797 | 2,006 | 2,380 | 2,823 | 3,291 | 3,806 |
| 1,643 | 2,010 | 2,327 | 2,662 | 3,034 | 1,669 | 3,183 | 2,389 | 2,483 | 2,792 | |
| Total Assets | 2,483 | 3,094 | 3,750 | 4,507 | 5,145 | 3,957 | 5,880 | 6,469 | 7,343 | 8,180 |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 19 | 19 | 11 | 0 | 0 |
| Net Working Capital | 889 | 1,072 | 1,409 | 1,787 | 2,248 | 2,472 | 2,870 | 3,320 | 3,744 | 4,148 |
| Contingent Liabilities | 208 | 172 | 160 | 135 | 140 | 146 | 108 | 94 | 74 | 71 |
| Book Value per Share | 1332.02 | 1600.44 | 1970.85 | 2457.52 | 2908.77 | 3198.53 | 3608.52 | 4079.09 | 4566.70 | 5044.77 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 19 | 19 | 11 | 0 | 0 |
| Net Working Capital | 889 | 1,072 | 1,409 | 1,787 | 2,248 | 2,472 | 2,870 | 3,320 | 3,744 | 4,148 |
| Contingent Liabilities | 208 | 172 | 160 | 135 | 140 | 146 | 108 | 94 | 74 | 71 |
| Book Value per Share | 1332.02 | 1600.44 | 1970.85 | 2457.52 | 2908.77 | 3198.53 | 3608.52 | 4079.09 | 4566.70 | 5044.77 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 9
- 1,169
- 0
- Trade Payables
- 572
- 733
- Total Liabilities
- 2,483
- 79
- Capital Work in Progress
- 3
- 83
- 97
- 0
- Cash & Bank
- 578
- 1,643
- Total Assets
- 2,483
- Total Debt
- 0
- Net Working Capital
- 889
- Contingent Liabilities
- 208
- Book Value per Share
- 1332.02
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 889
- Contingent Liabilities
- 208
- Book Value per Share
- 1332.02
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 9
- 1,406
- 0
- Trade Payables
- 771
- 908
- Total Liabilities
- 3,094
- 84
- Capital Work in Progress
- 1
- 78
- 80
- 0
- Cash & Bank
- 841
- 2,010
- Total Assets
- 3,094
- Total Debt
- 0
- Net Working Capital
- 1,072
- Contingent Liabilities
- 172
- Book Value per Share
- 1600.44
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 1,072
- Contingent Liabilities
- 172
- Book Value per Share
- 1600.44
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 9
- 1,733
- 0
- Trade Payables
- 831
- 1,176
- Total Liabilities
- 3,750
- 85
- Capital Work in Progress
- 8
- 0
- 105
- 0
- Cash & Bank
- 1,225
- 2,327
- Total Assets
- 3,750
- Total Debt
- 0
- Net Working Capital
- 1,409
- Contingent Liabilities
- 160
- Book Value per Share
- 1970.85
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 1,409
- Contingent Liabilities
- 160
- Book Value per Share
- 1970.85
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 9
- 2,164
- 0
- Trade Payables
- 926
- 1,409
- Total Liabilities
- 4,507
- 196
- Capital Work in Progress
- 14
- 0
- 121
- 0
- Cash & Bank
- 1,514
- 2,662
- Total Assets
- 4,507
- Total Debt
- 0
- Net Working Capital
- 1,787
- Contingent Liabilities
- 135
- Book Value per Share
- 2457.52
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 1,787
- Contingent Liabilities
- 135
- Book Value per Share
- 2457.52
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 9
- 2,563
- 0
- Trade Payables
- 945
- 1,629
- Total Liabilities
- 5,145
- 217
- Capital Work in Progress
- 2
- 0
- 95
- 0
- Cash & Bank
- 1,797
- 3,034
- Total Assets
- 5,145
- Total Debt
- 0
- Net Working Capital
- 2,248
- Contingent Liabilities
- 140
- Book Value per Share
- 2908.77
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 2,248
- Contingent Liabilities
- 140
- Book Value per Share
- 2908.77
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 9
- 2,819
- 0
- Trade Payables
- 722
- 407
- Total Liabilities
- 3,957
- 181
- Capital Work in Progress
- 2
- 0
- 99
- 0
- Cash & Bank
- 2,006
- 1,669
- Total Assets
- 3,957
- Total Debt
- 19
- Net Working Capital
- 2,472
- Contingent Liabilities
- 146
- Book Value per Share
- 3198.53
- Face Value
- 10.00
- Total Debt
- 19
- Net Working Capital
- 2,472
- Contingent Liabilities
- 146
- Book Value per Share
- 3198.53
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 9
- 3,167
- 0
- Trade Payables
- 725
- 1,980
- Total Liabilities
- 5,880
- 151
- Capital Work in Progress
- 2
- 0
- 165
- 0
- Cash & Bank
- 2,380
- 3,183
- Total Assets
- 5,880
- Total Debt
- 19
- Net Working Capital
- 2,870
- Contingent Liabilities
- 108
- Book Value per Share
- 3608.52
- Face Value
- 10.00
- Total Debt
- 19
- Net Working Capital
- 2,870
- Contingent Liabilities
- 108
- Book Value per Share
- 3608.52
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 9
- 3,581
- 11
- Trade Payables
- 761
- 2,107
- Total Liabilities
- 6,469
- 170
- Capital Work in Progress
- 2
- 0
- 159
- 926
- Cash & Bank
- 2,823
- 2,389
- Total Assets
- 6,469
- Total Debt
- 11
- Net Working Capital
- 3,320
- Contingent Liabilities
- 94
- Book Value per Share
- 4079.09
- Face Value
- 10.00
- Total Debt
- 11
- Net Working Capital
- 3,320
- Contingent Liabilities
- 94
- Book Value per Share
- 4079.09
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 9
- 4,010
- 0
- Trade Payables
- 953
- 2,372
- Total Liabilities
- 7,343
- 202
- Capital Work in Progress
- 3
- 0
- 237
- 1,127
- Cash & Bank
- 3,291
- 2,483
- Total Assets
- 7,343
- Total Debt
- 0
- Net Working Capital
- 3,744
- Contingent Liabilities
- 74
- Book Value per Share
- 4566.70
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 3,744
- Contingent Liabilities
- 74
- Book Value per Share
- 4566.70
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 9
- 4,431
- 0
- Trade Payables
- 1,026
- 2,715
- Total Liabilities
- 8,180
- 202
- Capital Work in Progress
- 3
- 0
- 217
- 1,161
- Cash & Bank
- 3,806
- 2,792
- Total Assets
- 8,180
- Total Debt
- 0
- Net Working Capital
- 4,148
- Contingent Liabilities
- 71
- Book Value per Share
- 5044.77
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 4,148
- Contingent Liabilities
- 71
- Book Value per Share
- 5044.77
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 215 | 263 | 312 | 330 | 364 | 264 | 410 | 439 | 426 | 493 | |
| Cash from Investing | -85 | -174 | -446 | -227 | -303 | -109 | -129 | 2,006 | -14 | -2,964 |
| Cash from Financing | -11 | -11 | -34 | -70 | -89 | -99 | -102 | -106 | -110 | -116 |
| 120 | 78 | -168 | 34 | -28 | 56 | 178 | 2,339 | 302 | -2,587 | |
| Free Cash Flow | 204 | 247 | 292 | 199 | 334 | 264 | 390 | 413 | 352 | 444 |
| OCF / Net Profit | 1.27 | 1.05 | 0.87 | 0.67 | 0.79 | 0.78 | 0.94 | 0.87 | 0.81 | 0.94 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,276 | 1,335 | 1,478 | 1,599 | 1,753 | 1,862 |
| OCF / Net Profit | 1.27 | 1.05 | 0.87 | 0.67 | 0.79 | 0.78 | 0.94 | 0.87 | 0.81 | 0.94 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,276 | 1,335 | 1,478 | 1,599 | 1,753 | 1,862 |
Mar 2017
- 215
- Cash from Investing
- -85
- Cash from Financing
- -11
- 120
- Free Cash Flow
- 204
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 0
Mar 2018
- 263
- Cash from Investing
- -174
- Cash from Financing
- -11
- 78
- Free Cash Flow
- 247
- OCF / Net Profit
- 1.05
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.05
- Cumulative 5-Year FCF
- 0
Mar 2019
- 312
- Cash from Investing
- -446
- Cash from Financing
- -34
- -168
- Free Cash Flow
- 292
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 0
Mar 2020
- 330
- Cash from Investing
- -227
- Cash from Financing
- -70
- 34
- Free Cash Flow
- 199
- OCF / Net Profit
- 0.67
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.67
- Cumulative 5-Year FCF
- 0
Mar 2021
- 364
- Cash from Investing
- -303
- Cash from Financing
- -89
- -28
- Free Cash Flow
- 334
- OCF / Net Profit
- 0.79
- Cumulative 5-Year FCF
- 1,276
- OCF / Net Profit
- 0.79
- Cumulative 5-Year FCF
- 1,276
Mar 2022
- 264
- Cash from Investing
- -109
- Cash from Financing
- -99
- 56
- Free Cash Flow
- 264
- OCF / Net Profit
- 0.78
- Cumulative 5-Year FCF
- 1,335
- OCF / Net Profit
- 0.78
- Cumulative 5-Year FCF
- 1,335
Mar 2023
- 410
- Cash from Investing
- -129
- Cash from Financing
- -102
- 178
- Free Cash Flow
- 390
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 1,478
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 1,478
Mar 2024
- 439
- Cash from Investing
- 2,006
- Cash from Financing
- -106
- 2,339
- Free Cash Flow
- 413
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 1,599
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 1,599
Mar 2025
- 426
- Cash from Investing
- -14
- Cash from Financing
- -110
- 302
- Free Cash Flow
- 352
- OCF / Net Profit
- 0.81
- Cumulative 5-Year FCF
- 1,753
- OCF / Net Profit
- 0.81
- Cumulative 5-Year FCF
- 1,753
Mar 2026
- 493
- Cash from Investing
- -2,964
- Cash from Financing
- -116
- -2,587
- Free Cash Flow
- 444
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 1,862
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 1,862
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 191.69 | 282.50 | 405.93 | 555.97 | 520.41 | 383.63 | 497.73 | 569.77 | 595.00 | 596.59 |
| Book Value (₹) | 1332.02 | 1600.44 | 1970.85 | 2457.52 | 2908.77 | 3198.53 | 3608.52 | 4079.09 | 4566.70 | 5044.77 |
| Dividend per Share (₹) | 10.00 | 32.00 | 45.00 | 75.00 | 85.00 | 90.00 | 95.00 | 100.00 | 105.00 | 110.00 |
| Cash EPS (₹) | 210.18 | 299.69 | 423.90 | 602.75 | 575.45 | 442.98 | 556.70 | 630.80 | 656.82 | 657.61 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 13.35% | 14.83% | 18.18% | 22.43% | 22.21% | 17.60% | 18.84% | 14.65% | 14.09% | 12.99% |
| Net Margin % | 6.93% | 9.26% | 11.30% | 14.94% | 15.12% | 11.50% | 12.70% | 12.36% | 12.50% | 11.21% |
| ROE % | 15.42% | 19.27% | 22.73% | 25.11% | 19.40% | 12.56% | 14.59% | 14.82% | 13.76% | 12.41% |
| ROCE % | 28.16% | 29.63% | 35.46% | 35.49% | 26.37% | 17.16% | 19.72% | 20.04% | 18.76% | 17.04% |
| 7.34% | 8.96% | 10.49% | 11.90% | 9.53% | 7.45% | 8.90% | 8.12% | 7.58% | 6.76% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 75 | 74 | 70 | 76 | 100 | 99 | 85 | 84 | 89 | 89 |
| Inventory Days | 15 | 12 | 11 | 13 | 13 | 12 | 14 | 15 | 17 | 18 |
| Payable Days | 155 | 175 | 177 | 195 | 223 | 197 | 144 | 117 | 123 | 125 |
| -65 | -89 | -97 | -107 | -110 | -86 | -45 | -19 | -16 | -19 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.01x | 0.01x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 112.75x | 101.32x | 86.50x | 69.45x | 68.18x | 53.54x | 91.97x | 75.99x | 57.90x | 46.44x |
| 2.17x | 2.07x | 2.27x | 2.53x | 2.79x | 3.23x | 2.56x | 2.59x | 2.71x | 2.59x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 10.17% | 11.61% | 18.02% | 3.63% | -7.51% | -3.10% | 16.93% | 17.71% | 3.24% | 11.75% |
| Operating Profit Growth % | 33.36% | 22.62% | 44.23% | 27.83% | -8.41% | -23.24% | 25.23% | 13.53% | 4.72% | 2.33% |
| Net Profit Growth % | 20.02% | 47.38% | 43.69% | 36.96% | -6.40% | -26.28% | 29.15% | 14.47% | 4.43% | 0.27% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 14.47% | 4.43% | 0.27% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 67.84x | 56.55x | 44.16x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.48x | 7.37x | 5.22x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.26% | 0.31% | 0.42% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 42.30x | 34.07x | 24.52x |
Mar 2017
- EPS (₹)
- 191.69
- Book Value (₹)
- 1332.02
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 210.18
- Operating Margin %
- 13.35%
- Net Margin %
- 6.93%
- ROE %
- 15.42%
- ROCE %
- 28.16%
- 7.34%
- Debtor Days
- 75
- Inventory Days
- 15
- Payable Days
- 155
- -65
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 112.75x
- 2.17x
- Revenue Growth %
- 10.17%
- Operating Profit Growth %
- 33.36%
- Net Profit Growth %
- 20.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 282.50
- Book Value (₹)
- 1600.44
- Dividend per Share (₹)
- 32.00
- Cash EPS (₹)
- 299.69
- Operating Margin %
- 14.83%
- Net Margin %
- 9.26%
- ROE %
- 19.27%
- ROCE %
- 29.63%
- 8.96%
- Debtor Days
- 74
- Inventory Days
- 12
- Payable Days
- 175
- -89
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 101.32x
- 2.07x
- Revenue Growth %
- 11.61%
- Operating Profit Growth %
- 22.62%
- Net Profit Growth %
- 47.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 405.93
- Book Value (₹)
- 1970.85
- Dividend per Share (₹)
- 45.00
- Cash EPS (₹)
- 423.90
- Operating Margin %
- 18.18%
- Net Margin %
- 11.30%
- ROE %
- 22.73%
- ROCE %
- 35.46%
- 10.49%
- Debtor Days
- 70
- Inventory Days
- 11
- Payable Days
- 177
- -97
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 86.50x
- 2.27x
- Revenue Growth %
- 18.02%
- Operating Profit Growth %
- 44.23%
- Net Profit Growth %
- 43.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 555.97
- Book Value (₹)
- 2457.52
- Dividend per Share (₹)
- 75.00
- Cash EPS (₹)
- 602.75
- Operating Margin %
- 22.43%
- Net Margin %
- 14.94%
- ROE %
- 25.11%
- ROCE %
- 35.49%
- 11.90%
- Debtor Days
- 76
- Inventory Days
- 13
- Payable Days
- 195
- -107
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 69.45x
- 2.53x
- Revenue Growth %
- 3.63%
- Operating Profit Growth %
- 27.83%
- Net Profit Growth %
- 36.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 520.41
- Book Value (₹)
- 2908.77
- Dividend per Share (₹)
- 85.00
- Cash EPS (₹)
- 575.45
- Operating Margin %
- 22.21%
- Net Margin %
- 15.12%
- ROE %
- 19.40%
- ROCE %
- 26.37%
- 9.53%
- Debtor Days
- 100
- Inventory Days
- 13
- Payable Days
- 223
- -110
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 68.18x
- 2.79x
- Revenue Growth %
- -7.51%
- Operating Profit Growth %
- -8.41%
- Net Profit Growth %
- -6.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 383.63
- Book Value (₹)
- 3198.53
- Dividend per Share (₹)
- 90.00
- Cash EPS (₹)
- 442.98
- Operating Margin %
- 17.60%
- Net Margin %
- 11.50%
- ROE %
- 12.56%
- ROCE %
- 17.16%
- 7.45%
- Debtor Days
- 99
- Inventory Days
- 12
- Payable Days
- 197
- -86
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 53.54x
- 3.23x
- Revenue Growth %
- -3.10%
- Operating Profit Growth %
- -23.24%
- Net Profit Growth %
- -26.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 497.73
- Book Value (₹)
- 3608.52
- Dividend per Share (₹)
- 95.00
- Cash EPS (₹)
- 556.70
- Operating Margin %
- 18.84%
- Net Margin %
- 12.70%
- ROE %
- 14.59%
- ROCE %
- 19.72%
- 8.90%
- Debtor Days
- 85
- Inventory Days
- 14
- Payable Days
- 144
- -45
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 91.97x
- 2.56x
- Revenue Growth %
- 16.93%
- Operating Profit Growth %
- 25.23%
- Net Profit Growth %
- 29.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 569.77
- Book Value (₹)
- 4079.09
- Dividend per Share (₹)
- 100.00
- Cash EPS (₹)
- 630.80
- Operating Margin %
- 14.65%
- Net Margin %
- 12.36%
- ROE %
- 14.82%
- ROCE %
- 20.04%
- 8.12%
- Debtor Days
- 84
- Inventory Days
- 15
- Payable Days
- 117
- -19
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 75.99x
- 2.59x
- Revenue Growth %
- 17.71%
- Operating Profit Growth %
- 13.53%
- Net Profit Growth %
- 14.47%
- 14.47%
- P/E (x)
- 67.84x
- P/B (x)
- 9.48x
- Dividend Yield %
- 0.26%
- 42.30x
Mar 2025
- EPS (₹)
- 595.00
- Book Value (₹)
- 4566.70
- Dividend per Share (₹)
- 105.00
- Cash EPS (₹)
- 656.82
- Operating Margin %
- 14.09%
- Net Margin %
- 12.50%
- ROE %
- 13.76%
- ROCE %
- 18.76%
- 7.58%
- Debtor Days
- 89
- Inventory Days
- 17
- Payable Days
- 123
- -16
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 57.90x
- 2.71x
- Revenue Growth %
- 3.24%
- Operating Profit Growth %
- 4.72%
- Net Profit Growth %
- 4.43%
- 4.43%
- P/E (x)
- 56.55x
- P/B (x)
- 7.37x
- Dividend Yield %
- 0.31%
- 34.07x
Mar 2026
- EPS (₹)
- 596.59
- Book Value (₹)
- 5044.77
- Dividend per Share (₹)
- 110.00
- Cash EPS (₹)
- 657.61
- Operating Margin %
- 12.99%
- Net Margin %
- 11.21%
- ROE %
- 12.41%
- ROCE %
- 17.04%
- 6.76%
- Debtor Days
- 89
- Inventory Days
- 18
- Payable Days
- 125
- -19
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 46.44x
- 2.59x
- Revenue Growth %
- 11.75%
- Operating Profit Growth %
- 2.33%
- Net Profit Growth %
- 0.27%
- 0.27%
- P/E (x)
- 44.16x
- P/B (x)
- 5.22x
- Dividend Yield %
- 0.42%
- 24.52x
Documents
Announcements
- Updates
2026-08-19 - Honeywell Automation India Limited has informed the Exchange regarding 'Newspaper Publication for Loss of Share Certificate'.
- Copy of Newspaper Publication
2026-07-30 - Honeywell Automation India Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
Jun 2025
Nov 2024
Aug 2024