MarketFriction

Honeywell Automation India Ltd

NSE HONAUT · BSE 517174 · Industrial Products
₹33,470.00 +0.03%
NSE close2026-10-01
52 week range26,220.00 - 41,495.00
Market cap₹30,038 Cr.
P/E53.7
Results 27-10 Nifty 500Smallcap 250 Price band 20% Delivery 58.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,1041,0719519601,0241,0911,1141,1831,1491,1691,1811,204
Expenses9669107818068959499551,0421,0181,0219961,032
Operating Profit138161170154129142159142132148185172
OPM %13%15%18%16%13%13%14%12%11%13%16%14%
Other Income402842444150474244344746
Interest111112222412
Depreciation141314131414141313131514
Profit before tax164174197184155176190168161165215203
Tax %26%27%25%26%26%25%26%26%26%26%26%26%
Net Profit122128148136115132140125120121160151
EPS in Rs137.87144.66167.62154.39130.18149.41158.23140.93135.16137.08180.63170.45
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,1882,4102,6903,1753,2903,0432,9483,4484,0584,1904,6824,703
Expenses1,9672,1212,3192,6682,6502,4512,5122,9263,4633,5994,0694,067
Operating Profit221289371506640592436521595590613636
OPM %10%12%14%16%19%19%15%15%15%14%13%14%
Other Income24372971978482128143182165171
Interest3346109969121610
Depreciation151615164149525254545454
Profit before tax226307381555687618458591675706709744
Tax %38%45%34%35%28%26%26%26%26%26%26%
Net Profit141169250359491460339438501524525551
EPS in Rs159.69191.65282.45405.86555.88520.32383.57495.39567.10592.21593.79623.32
Dividend Payout %6%5%11%11%13%16%23%19%18%18%18%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%9%11%7%
Compounded Profit Growth14%3%7%9%
Stock Price CAGR14%-5%-5%-6%
Return on Equity16%14%14%13%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital999999999999
Reserves8731,0131,1711,4101,7392,1692,5702,8283,1803,5974,0294,454
Borrowings000008174563660101110
Other Liabilities6017407711,0131,1431,1981,3001,1181,2261,2291,4661,656
Total Liabilities1,4831,7621,9512,4322,8913,4573,9534,0114,4504,8955,6056,229
Fixed Assets8584798485193217181151170202202
CWIP7231814222233
Investments7679837800000000
Other Assets1,3151,5971,7872,2692,7973,2503,7343,8284,2974,7235,4006,024
Total Assets1,4831,7621,9512,4322,8913,4573,9534,0114,4504,8955,6056,229
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity13166215263312330364264410439426493
Cash from Investing Activity-14046-85-172-443-212-307-106-1182,008-8-2,942
Cash from Financing Activity-11-13-11-11-34-70-89-99-102-106-110-116
Net Cash Flow-13819911980-16548-32591902,342308-2,566
Free Cash Flow-24156203244289271317253388407399460
CFO/OP43%117%120%114%103%83%80%96%90%94%104%118%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days5284768072801158499839890
Inventory Days332927212327232333253427
Days Payable114153161201184188261169144120137130
Cash Conversion Cycle-28-40-58-100-89-81-124-62-12-12-4-12
Working Capital Days394734212130525852453927
ROCE %26%24%28%30%35%35%26%17%20%20%18%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs3.15%2.91%2.76%2.72%2.68%2.50%2.60%2.76%3.00%3.46%3.74%3.94%
DIIs12.23%11.91%12.20%12.40%12.54%12.51%12.35%12.15%11.99%11.53%11.28%11.31%
Public9.63%10.16%10.03%9.87%9.78%9.98%10.05%10.06%10.00%9.98%9.96%9.74%
No. of Shareholders30,94435,49633,18630,02031,09734,29334,80935,22634,84034,76334,97433,525

Fundamentals

Market Cap₹ 30,038 Cr.
Current Price₹ 33,980
Stock P/E53.7
Book Value₹ 5,047
ROCE17.0 %
ROE12.6 %
Dividend Yield0.32 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)9%
Standalone figures.
Valuation
Market capRs 29,593 Cr
Enterprise valueRs 25,897 Cr
P/E (TTM)53.70x
Price to book6.63x
Price to sales6.29x
EV / EBITDA32.06x
EV / EBIT34.35x
EV / sales5.51x
Price to cash flow60.07x
Earnings yield1.86%
Dividend yield0.33%
P/E, 3-year average56.48x
P/B, 3-year average7.36x
P/E, 5-year average69.26x
P/B, 5-year average8.91x
Profitability
Operating margin (excl. other income)13.10%
Operating margin (incl. other income)16.62%
EBITDA margin17.18%
Pre-tax margin15.82%
Net profit margin11.72%
Net margin, latest quarter12.51%
ROE12.35%
ROCE16.63%
ROA8.87%
ROE, 3-year average13.60%
ROCE, 3-year average18.29%
ROA, 3-year average9.86%
ROE, 5-year average13.57%
ROCE, 5-year average18.25%
ROA, 5-year average9.69%
ROIC (approx.)72.78%
Tax rate25.93%
Other income / net worth3.70%
Growth
Sales growth (latest year)11.75%
Profit growth (latest year)0.27%
Sales CAGR, 3 years10.74%
Sales CAGR, 5 years9.00%
Profit CAGR, 3 years6.23%
Profit CAGR, 5 years2.68%
Sales growth QoQ2.01%
Profit growth QoQ-5.64%
Sales growth YoY (latest quarter)1.80%
Profit growth YoY (latest quarter)20.95%
Per share
EPS (TTM)Rs 623.31
EPS (latest year)Rs 593.79
EPS (latest quarter)Rs 170.45
EPS, 3-year averageRs 584.36
EPS, 5-year averageRs 526.41
Book value per shareRs 5,047.43
Sales per shareRs 5,319.45
Cash flow per shareRs 557.14
Free cash flow per shareRs 520.27
Dividend per share (latest year)Rs 109.48
Dividend per share, 3-year averageRs 104.51
Dividend per share, 5-year averageRs 99.61
Dividends
Dividend payout18.44%
Dividend payout, 3-year average17.88%
Dividend payout, 5-year average19.24%
Efficiency
Asset turnover0.75x
Fixed asset turnover23.20x
Inventory turnover13.44x
Inventory days27 days
Debtor days91 days
Debtors turnover4.03x
Creditor days130 days
Cash conversion cycle-12 days
Working capital days27 days
Leverage
Total debtRs 110 Cr
Cash and bankRs 3,806 Cr
Net debtRs -3,695 Cr
Debt to equity0.02x
Net debt / EBITDA-4.57x
Interest coverage75.40x
Current ratio (filing 2026-03-31)3.53x
Quick ratio (filing 2026-03-31)3.40x
Trade payables (filing 2026-03-31)Rs 1,026 Cr
Owners' fund to total sources71.64%
Debt to assets1.77%
Cash flow
Cash from Operating Activity (latest year)Rs 493 Cr
Cash from Investing Activity (latest year)Rs -2,942 Cr
Cash from Financing Activity (latest year)Rs -116 Cr
Net Cash Flow (latest year)Rs -2,566 Cr
Free cash flow (latest year)Rs 460 Cr
FCFE (approx.: FCF + change in debt)Rs 470 Cr
Cash from ops / profit, 5 years0.87x
Sales to cash flow9.50x
Statement figures
Net sales (TTM)Rs 4,703 Cr
Net sales (latest year)Rs 4,682 Cr
Sales (latest quarter)Rs 1,204 Cr
Operating profit excl. other income (latest year)Rs 613 Cr
Operating profit (latest quarter)Rs 172 Cr
Other income (TTM)Rs 171 Cr
EBITDA (TTM)Rs 808 Cr
PBDT (TTM)Rs 798 Cr
Profit before tax (TTM)Rs 744 Cr
Tax (latest year)Rs 184 Cr
Net profit (TTM)Rs 551 Cr
Net profit (latest year)Rs 525 Cr
Net profit (latest quarter)Rs 151 Cr
Depreciation (TTM)Rs 54 Cr
Depreciation (latest quarter)Rs 14 Cr
Interest (TTM)Rs 10 Cr
Cost of goods sold (latest year)Rs 2,914 Cr
Total expenditure (latest year)Rs 4,069 Cr
Total income (latest year)Rs 4,847 Cr
Share capitalRs 9 Cr
ReservesRs 4,454 Cr
Shareholders' fundsRs 4,463 Cr
Total assetsRs 6,229 Cr
Net blockRs 202 Cr
Capital work in progressRs 3 Cr
ReceivablesRs 1,161 Cr
InventoryRs 217 Cr
Other liabilitiesRs 1,656 Cr
Shares outstanding (crore)0.88
Ownership
Promoter holding75.00% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 53.7 is at the 4th percentile of its own 9.4-year range (median 76.1, low 46.1, high 112.6).
P/B 6.63 is at the 1th percentile (median 12.48).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodHONAUTNifty 50Difference
1 week-0.5%-2.8% +2.3 pts
1 month-5.9%-6.8% +0.9 pts
3 months-15.3%-7.6% -7.7 pts
6 months+27.1%+0.4% +26.7 pts
1 year-8.5%-9.9% +1.4 pts
2 years-32.3%-13.6% -18.7 pts
3 years-16.0%+14.2% -30.2 pts
5 years-25.1%+27.9% -53.0 pts
99 mutual fund schemes hold about ₹3,345 Cr. Over three months 30 bought more and 15 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI Small Cap Fund2.48%1,059 -1%
SBI Energy Opportunities Fund3.21%267 +9%
SBI Large & Midcap Fund0.52%219 +2%
Invesco India Contra Fund0.84%174 +2%
SBI Children's Fund-Investment Plan1.83%142 -6%
Invesco India Infrastructure Fund9.04%140 +7%
Kotak Large & Mid Cap Fund0.41%131 +2%
Franklin India Opportunities Fund1.26%122 +113%
Aditya Birla SL Flexi Cap Fund0.31%90 -3%
HDFC Multi Cap Fund0.41%84 +254%
Aditya Birla SL Large Cap Fund0.25%75 +3%
ICICI Pru Small Cap Fund0.71%70 -9%
ICICI Pru Small Cap Fund0.71%68 -9%
Aditya Birla SL MNC Fund1.94%64 -5%
SBI ESG Exclusionary Strategy Fund1.13%60 +5%
Invesco India PSU Equity Fund3.69%53 +100%
ICICI Pru Energy Opportunities Fund0.57%47 +0%
ICICI Pru Infrastructure Fund0.55%47 +5%
ICICI Pru Manufacturing Fund0.53%38 +158%
SBI Retirement Benefit Fund-Aggressive Plan1.13%37 +1%
Invesco India ELSS Tax Saver Fund1.30%36 -11%
Bandhan Multi Cap Fund1.04%32 +3%
SBI Innovative Opportunities Fund0.49%26 -75%
ICICI Pru MNC Fund1.38%25 +40%
Tata Infrastructure Fund1.02%21 +10%

Red flags

F-score 5 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2018-09-26HAIL Mauritius LimitedPromotersother6,631,142Rs 14318.89 CrInter-se-Transfer
2018-09-26Honeywell Asia Pacific Inc.Promotersother6,631,142Rs 14318.89 CrInter-se-Transfer
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹1,204 Cr +1.8% vs Jun 2025. Net profit ₹151 Cr +20.8%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-17Dividend - Rs 110 Per Share
2025-06-16Dividend - Rs 105 Per Share
2024-07-24Annual General Meeting/Dividend - Rs 100 Per Share
2023-08-03Annual General Meeting/Dividend - Rs 95 Per Share
2022-08-08Dividend - Rs 90 Per Share
2021-08-10 Dividend - Rs 85 Per Share
2020-08-10 Annual General Meeting/Dividend - Rs 75 Per Share
2019-08-01 Dividend - Rs 45 Per Share
2018-07-27 Dividend- Rs 32 Per Share
2017-08-01 Dividend - Rs 10 Per Share
2016-08-02 Dividend - Rs 10/- Per Share
2015-07-07Annual General Meeting/ Dividend - Rs 12.50/- Per Share
2014-04-10Annual General Meeting / Dividend - Rs 10/- Per Share
2013-04-12Annual General Meeting / Dividend Rs 10 Per Share
2012-04-03Dividend - Rs.10/- Per Share
2011-03-30Dividend-Rs.10/- Per Share
2010-03-31Dividend-Rs.10 Per Share
2009-03-30Annual General Meeting
2008-03-25Agm/Dividend Rs.10 Per Sh
2007-03-29Agm/Div-Rs.10/- Per Sh
2006-04-03Agm//Div-Rs.8/- Per Sh
DateTypeWhat it says
2026-08-19UpdatesNewspaper Publication for Loss of Share Certificate.
2026-07-30UpdatesRevision in the Notice of 42 AGM.
2026-07-29Shareholder meetingVoting results.
2026-07-29Shareholder meetingProceedings of Annual General Meeting held on July 29, 2026
2026-07-29General UpdatesPresentation made by the Managing Director at the 42nd Annual General Meeting of Honeywell Automation India Limited held on Wednesday July 29, 2026
2026-07-29Board meeting outcomeHoneywell Automation India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-07UpdatesLetter to shareholders whose email address is not registered with the Company/RTA/DP.
2026-07-07UpdatesBRSR Report for FY 2025-26.
2026-07-07Shareholder meetingNotice of Annual General Meeting to be held on July 29, 2026
2026-06-30UpdatesChange in Honeywell Branding.
2026-05-20Record DateRecord date for the purpose of Dividend is 17-Jul-2026.
2026-05-20Change in ManagementChange in Management
2026-05-20DividendBoard of Directors at its meeting held on May 20, 2026, recommended Final Dividend of Rs. 110 per equity share.
2026-05-20Board meeting outcomeHoneywell Automation India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-28Disclosure under SEBI TakeovHoneywell Automation India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of I...
2026-04-23Disclosure under SEBI TakeovHoneywell Automation India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of I...
2026-04-20ResignationResignation of Director/KMP/SMP
2026-04-20CessationCessation of Mr. Pulkit Goyal, Chief Financial Officer as Chief Financial Officer of the company w.e.f. May 21, 2026.
2026-04-20ResignationResignation of Director/KMP/SMP
2026-02-02Change in ManagementChange in Management
2026-02-02Board meeting outcomeHoneywell Automation India Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-01-30Shareholder meetingProceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report.
2025-12-31Shareholder meetingNotice of Postal Ballot
2025-12-30Director changeChange in Director(s) of the company.
2025-11-05Director changeChange in Director(s) of the company.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2018-06-26CESTATHONEYWELL INTERNATIONAL (INDIA) PRIVATE LIMITED ---VS.--- NEW DELHI
2018-05-28CESTATHONEYWELL INTERNATIONAL INDIA PRIVATE LIMITED ---VS.--- NEW DELHI
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Honeywell Automation India Ltd?

Honeywell Automation India Ltd (HONAUT) has a market capitalisation of Rs 30,038 Cr. at the 2026-10-01 close.

What is the P/E ratio of Honeywell Automation India Ltd?

Honeywell Automation India Ltd trades at a P/E of 53.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were Honeywell Automation India Ltd's latest quarterly results?

In the Jun 2026 quarter, Honeywell Automation India Ltd sales was Rs 1,204 Cr (+1.8% vs Jun 2025) and net profit was Rs 151 Cr.

What is the 52-week high and low of Honeywell Automation India Ltd?

The 52-week high is Rs 41,495.00 and the 52-week low is Rs 26,220.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03