Syrma SGS Technology Limited vs Honeywell Automation India Limited
An objective side-by-side of SYRMA and HONAUT, both in Electronics - Components: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: SYRMA Jun 2026 · HONAUT Jun 2026
At a glance
- Syrma SGS Technology Limited is the larger company by market value, about 1.1 times the size of Honeywell Automation India Limited.
- On trailing earnings, Honeywell Automation India Limited trades at the lower P/E (51.0 against 82.5).
- Syrma SGS Technology Limited earns the higher return on equity (14.0% against 13.5%).
- Over three years Syrma SGS Technology Limited has grown profits faster (39% a year against 7%).
- Over the past year the share prices returned +113.8% (SYRMA) and -5.8% (HONAUT).
| Metric | Syrma SGS SYRMA |
Honeywell Automation HONAUT |
|---|---|---|
| Size and price | ||
| Market cap | ₹33,002 Cr | ₹30,687 Cr |
| Share price | ₹1,713 | ₹34,685 |
| Valuation | ||
| P/E | 82.49 | 50.98 |
| P/B | 11.53 | 6.88 |
| EV/EBITDA | 55.67 | 42.96 |
| PEG | 2.12 | 7.28 |
| Dividend yield | 0.1% | 0.3% |
| Profitability | ||
| ROE | 14.0% | 13.5% |
| ROCE | 17.0% | 17.0% |
| Operating margin | 11.1% | 15.9% |
| Sales (TTM) | ₹5,405 Cr | ₹4,513 Cr |
| Net profit (TTM) | ₹400 Cr | ₹602 Cr |
| Growth | ||
| Latest quarter sales YoY | +68.3% | +19.2% |
| Latest quarter profit YoY | +111.4% | +4.5% |
| Sales CAGR 3Y | +33.0% | +11.0% |
| Profit CAGR 3Y | +39.0% | +7.0% |
| Sales CAGR 5Y | +40.0% | +9.0% |
| Profit CAGR 5Y | +36.0% | +3.0% |
| Financial strength | ||
| Debt/Equity | 0.14 | 0.02 |
| Interest cover | 9.37 | 96.04 |
| Ownership | ||
| Promoter holding | 42.3% | 75.0% |
| Promoter change (4 qtrs) | -4.15 pp | +0.00 pp |
| Price performance | ||
| Return 1M | +18.67% | -5.53% |
| Return 3M | +28.22% | -9.57% |
| Return 1Y | +113.81% | -5.79% |
| Return YTD | +133.69% | +5.73% |
| Technical condition | ||
| Technical score | 82 | 35 |
| RS rating (1-99) | 96.00 | 51.00 |
| % vs 200-DMA | +61.43% | +2.63% |
| RSI (14) | 68.08 | 43.16 |
| % from 52-week high | -2.87% | -16.41% |
