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As of 6 Nov 2026, Honeywell Automation India trades at 47.0× trailing earnings, above the industry P/E of 30.0×, and the shares are 28% below their 52-week high. Sales and net profit grew 11% and 6.2% a year over 3 years; its ROCE of 16% is the lowest among the 7 largest Electrical Equipment & Parts peers. It carries very little debt, and its dividend yield is 0.4%. It is a small-cap company with a market cap of ₹26,613 Cr, ranked 7th of 97 Electrical Equipment & Parts companies by market cap; the shares fell 17% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹30,320.00
Day high
₹30,320.00
Day low
₹29,420.00
Prev. close
₹30,320.00
Volume
3.6K

Health check

1 fair · 5 to check
  • ReturnsBehind

    −17.5% over a year, better than 1 of 7 peers.

  • Price tagPricier

    P/E 47.0 vs industry 30.0.

  • GrowthSlow

    Sales +10.9%, profit +6.2% a year over 3 years.

  • ProfitabilityWeak

    ROCE 15.7% vs peer median 24.8%.

  • Balance sheetFair

    Practically debt-free, Piotroski 5 of 9.

  • Red flags1 to check

    P/E of 47.0 against an industry P/E of 30.0.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Electrical Equipment & Parts

96 listed peers. Screen the industry

Small cap

₹26,613 Cr, #7 of 97 in its industry by size.

Defensive

Beta 0.58 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹4,778 Cr · profit ₹565 Cr
Market cap
₹26,613 Cr
Small cap
P/E
47.0
Industry 30.0
Price to book
5.70
Peers 9.06
Dividend yield
0.37%
ROE
12.8%
Peers 20.6%
ROCE
15.7%
Peers 24.8%
Debt to equity
0.02
Debt ₹100 Cr
EPS (TTM)
₹639.35
Face value ₹10
OPM (TTM)
13.8%
Net margin 11.8%
Sales growth
+6.5%
Latest quarter vs a year ago
Profit growth
+11.9%
Latest quarter vs a year ago
Price to sales
5.57
EV/EBITDA 35.7

Strengths and risks

Strengths

  • Practically debt-free.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • P/E of 47.0 against an industry P/E of 30.0.

Derived automatically from reported figures. Not a recommendation.

About Honeywell Automation India

Honeywell Automation India Limited manufactures and sells industrial process control and automation systems in India and internationally. The company offers environmental and combustion controls, sensing and control solutions, and engineering services. It also provides building solutions, including advanced airfield ground lighting systems, visual docking and guiding systems, Navitas software for airport operations, after-sales services, and maintenance…

Headquarters
Pune
Employees
3,167
Sector
Industrials
ISIN
INE671A01010

Price range

52 weeks

₹26,220.00₹41,495.00

Today

₹29,420.00₹30,320.00
Avg volume (3M)
4K
1-year return
minus 17.5%
From 52-week high
minus 27.5%

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Company
POWERINDIAHitachi Energy India27,800.00minus 1.42%1,23,911107.795.324.9%16.1%0.0222.2%plus 37.9%
CGPOWERCG Power and Industrial Solutions773.00minus 4.43%1,21,78588.672.519.3%13.1%0.0221.2%plus 8.2%
POLYCABPolycab India7,871.00plus 0.28%1,18,61337.529.030.4%13.6%0.0226.6%plus 3.8%
HAVELLSHavells India1,128.00plus 5.61%70,78942.630.022.1%9.1%0.029.9%minus 28.1%
APARINDSApar Industries14,106.00minus 9.65%59,06541.630.726.7%9.5%0.1217.0%plus 87.2%
KEIKEI Industries3,988.00minus 1.80%38,14336.129.918.7%11.0%0.0419.1%plus 1.8%
HONAUTHoneywell Automation India30,080.00minus 0.79%26,61347.035.715.7%13.8%0.0210.9%minus 17.5%
SCHNEIDERSchneider Electric Infrastructure1,063.40minus 6.37%25,426157.868.024.8%11.5%0.7117.6%plus 27.6%
Median of 7 peers–−1.80%70,78942.630.724.8%11.5%0.0219.1%8.2%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
1,1831,1691,1811,2041,224
1,0421,0219961,0321,069
142148185173155
12.0%12.6%15.7%14.3%12.7%
41.845.547.546.442
1.94.11.42.31.7
13.412.714.713.514.5
–−11.4−0.9––
168165215203181
25.8%26.5%25.8%25.8%26.1%
125121160151134
140.95137.08180.60170.45151.17

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+10.9%
Profit CAGR 3Y
+6.2%
EPS CAGR 3Y
+6.2%
ROE
12.8%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
3,4324,0554,1824,679
–+18.2%+3.1%+11.9%
2,8933,4423,5604,036
539613622643
15.7%15.1%14.9%13.7%
126137176173
43.66.79.7
51.953.754.453.7
−17.6−17.7−31.8−43.7
591675706709
25.9%25.7%25.8%25.9%
438501524525
–+14.5%+4.4%+0.3%
495.40567.13592.15593.81

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
8.88.88.88.8
3,1803,5974,0294,454
36.359.6101111
1,2261,2291,4661,656
4,4514,8955,6056,229
153172205205
2.41.93.22.9
14.626.211.715.2
2,3852,8223,2933,805
1,8951,8732,0932,201
4,4514,8955,6056,229

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
410439426493
−1292,006−14.2−2,964
−102−106−110−116
1792,339302−2,587
−28.1−32−27.9−33
382407398460
−79.6−84−88.4−92.8

Shareholding pattern

Source: NSE filings
75.0%
promoters
  • Promoters75.00%
  • Public25.00%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202675.00%25.00%0.00
30 Jun 202675.00%25.00%0.00
31 Mar 202675.00%25.00%0.00
31 Dec 202575.00%25.00%0.00
30 Sep 202575.00%25.00%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you