Honda India Power Products LimitedHONDAPOWERCorporate

Electric Equipment Latest results: Jun 2026 14 quarters of data
₹1,834.60
MCap ₹1,861 Cr · P/E 28.2
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹189 Cr
Sales · Jun 2026
+22.1% YoY
₹14 Cr
Operating Profit · Jun 2026
+80.4% YoY
7.6%
OPM % · Jun 2026
+46.2% YoY
₹11 Cr
Net Profit · Jun 2026
+23.3% YoY
₹10.94
EPS · Jun 2026
+17.0% YoY

📝 Honda India Power Products Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Honda India Power Products Limited reported revenue of ₹189 crore for the quarter ended June 2026 (Q1 FY27), up 22.1% from ₹155 crore in the same quarter last year, and down 28.6% sequentially over the March 2026 quarter.

Net profit rose 23.3% year-on-year to ₹11 crore, from ₹9 crore. Earnings per share (EPS) came in at ₹10.94.

Operating profit stood at ₹14 crore — an operating margin (OPM) of 7.6%, compared with 5.2% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Honda India Power Products Limited posted revenue of ₹866 crore, a growth of 9.1% over FY25, with a net profit of ₹64 crore (down 20.0% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹900 crore with a net profit of ₹66 crore.

Valuation snapshot

At the current price of ₹1,834.60, HONDAPOWER has a market capitalisation of ₹1,861 crore and a trailing P/E of about 28.2.

Within the Electric Equipment industry, it is the 13th-largest of the 41 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 66.67%, foreign institutional investors (FIIs) 0.94%, domestic institutional investors (DIIs) 18.27%, public shareholders 14.12% of Honda India Power Products Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,861 Cr
Current Price ?
₹1,834.6
P/E ?
28.15below ind
Industry P/E ?
29.80
P/B ?
2.32
P/S ?
2.07
P/FCF ?
-29.54
Enterprise Value ?
₹1,862 Cr
EV/EBITDA ?
21.30
PEG ?
N/A
Earnings Yield ?
3.4%
Dividend Yield ?
5.67%
Profitability & Returns
Sales (TTM) ?
₹900 Cr
OPM ?
9.7%
Profit after tax (TTM) ?
₹66 Cr
EPS (TTM) ?
₹65.17
ROCE ?
11.0%
ROE ?
8.2%
ROA ?
6.4%
Growth
Sales — latest qtr ?
₹189 Cr
PAT — latest qtr ?
₹11 Cr
YoY qtr sales growth ?
22.1%
YoY qtr profit growth ?
23.3%
Sales growth (3y) ?
-11%
Sales growth (5y) ?
-2%
Profit growth (3y) ?
-9%
Profit growth (5y) ?
8%
Financial Health
Debt ?
₹1 Cr
Debt to Equity ?
0.00
Interest Coverage ?
N/A
Current Ratio ?
N/A
Ownership
Promoter holding ?
66.67%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-13.6%
Return 6 months ?
-20.1%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 313210285263231144177204269155176270265189 +22.1% -28.6%
Operating Profit 28203533101672143811323014 +80.4% -51.9%
Other Income -13812101611101011109-3117 -25.8% -32.5%
Interest 00000000000000 — —
Depreciation 65555555666667 +11.5% +11.5%
Profit Before Tax 923423821221126491315233515 +16.2% -56.9%
Net Profit 6173128161691936911172711 +23.3% -58.9%
EPS 5.7316.6630.7527.9215.5815.928.4218.8235.659.3511.0116.4326.5410.94 +17.0% -58.8%
OPM % 8.9% 9.5% 12.3% 12.5% 4.3% 11.1% 4.0% 10.3% 16.0% 5.2% 6.2% 11.9% 11.3% 7.6% +46.2% -32.7%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹794 Cr ₹866 Cr ₹900 Cr +9.1%
Operating Profit ₹87 Cr ₹81 Cr ₹87 Cr -6.9%
OPM % 10.96% 9.35% 9.71% -14.7%
NPM % 10.08% 7.39% 7.34% -26.7%
Other Income ₹42 Cr ₹27 Cr ₹24 Cr -35.7%
Depreciation ₹21 Cr ₹24 Cr ₹25 Cr +14.3%
Interest ₹0 Cr ₹0 Cr ₹0 Cr —
EBIT ₹66 Cr ₹57 Cr ₹63 Cr -13.6%
PBT ₹108 Cr ₹86 Cr ₹88 Cr -20.4%
Tax — — ₹4 Cr —
Net Profit ₹80 Cr ₹64 Cr ₹66 Cr -20.0%
EPS ₹78.81 ₹63.33 ₹64.92 -19.6%
Material Cost — — ₹154 Cr —
Employee Cost — — ₹35 Cr —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 10101010 +0.0%
Reserves 727802853793 -7.0%
Borrowings 1001 —
Other Liabilities 196184194227 +17.0%
Total Liabilities 9349971,0581,032 -2.5%
Fixed Assets 9198107132 +23.4%
CWIP 97843 +437.5%
Investments 0000 —
Other Assets 833892943856 -9.2%
Total Assets 9349971,0581,032 -2.5%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 15710622-11 -150.0%
Cash from Investing Activity -148-97-69172 +349.3%
Cash from Financing Activity -16-18-28-126 -350.0%
Net Cash Flow -7-9-7535 +146.7%
Free Cash Flow 12983-18-63 -250.0%
CFO/OP 145%132%61%20% -67.2%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 21195466 +22.2%
Inventory Days 8389106109 +2.8%
Days Payable 46616778 +16.4%
Cash Conversion Cycle 58479398 +5.4%
Working Capital Days 272046193 +319.6%
ROCE % 19%15%13%11% -15.4%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 66.67%66.67%66.67%66.67%66.67% +0.0%
FIIs 1.16%1.10%1.09%1.05%0.94% -10.5%
DIIs 18.23%18.23%18.23%18.27%18.27% +0.0%
Public 13.95%14.01%14.02%14.02%14.12% +0.7%
No. of Shareholders 23,41925,09425,08425,27325,586 +1.2%

⚖️ Peer comparison

Industry: Electric Equipment · top 25 of 41 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 VOLTAMP Voltamp Transformers ₹11,006.00 11,135 35.1 2,274 317 16.0% 14.0% 11.3% -6.1% 28.3% 14.0%
2 TARIL Transformers And Rectifiers ₹291.30 8,744 28.5 2,831 313 16.4% 11.1% 24.2% 25.6% 60.7% 119.9%
3 SPECTRUM Spectrum Electrical ₹3,729.90 6,373 102.0 682 57 15.3% 8.4% 29.9% 77.2% 76.5% 131.9%
4 MARINE Marine Electricals ₹377.45 5,282 82.1 968 66 11.0% 6.8% 14.2% 55.6% 55.2% 45.9%
5 INDOTECH Indo Tech ₹3,323.80 3,530 35.5 846 99 15.1% 11.7% 28.0% 45.3% 39.0% 34.1%
6 WEBELSOLAR Websol Energy ₹75.52 3,279 10.3 1,203 313 37.4% 26.0% 82.1% 94.5% 70.1% 16.1%
7 RELTD Ravindra Energy ₹139.32 2,766 33.7 543 82 24.2% 15.0% 116.6% 265.6% -16.4% 0.0%
8 UEL Ujaas Energy ₹200.99 2,681 n/m 18 4 -19.3% 21.8% -34.7% -64.3% 14.5% 30.8%
9 RISHABH Rishabh Instruments ₹684.55 2,649 32.6 783 82 16.7% 10.5% 7.6% 289.8% 4.4% -3.2%
10 BBL Bharat Bijlee ₹2,246.80 2,540 22.7 2,355 112 6.5% 4.7% 19.5% -10.4% 17.7% -29.9%
11 EXICOM Exicom Tele-Systems ₹162.72 2,263 — 1,278 -265 -6.8% -20.7% 17.7% -584.4% 61.5% 11.4%
12 ALPEXSOLAR Alpex Solar ₹838.95 2,143 10.7 2,346 200 14.1% 8.5% 185.0% 143.4% 32.5% -5.1%
13 HONDAPOWER Honda India ₹1,930.30 1,958 29.7 900 66 9.7% 7.3% 9.1% -20.0% 22.1% 23.3%
14 HPL HPL Electric ₹284.15 1,827 20.0 1,944 92 14.8% 4.7% 6.6% -2.7% 34.5% 1.2%
15 IKIO IKIO Technologies ₹211.58 1,635 34.0 644 51 13.6% 7.9% 22.4% 28.8% 41.1% 452.3%
16 SERVOTECH Servotech Renewable ₹68.95 1,557 39.7 751 35 10.3% 4.7% -0.3% -3.3% 57.8% 77.0%
17 MODISONLTD MODISON ₹445.00 1,444 12.8 980 113 17.5% 11.5% 44.8% 193.8% 92.2% 99.8%
18 IGARASHI Igarashi Motors ₹425.45 1,339 81.7 912 16 9.6% 1.8% 3.3% -49.8% 22.5% 169.6%
19 ICEMAKE Ice Make ₹692.00 1,092 89.6 668 12 6.7% 1.8% 39.4% -47.6% 41.9% -14.3%
20 APS Australian Prem ₹520.15 1,049 18.6 689 56 13.4% 8.1% — — 43.7% 7.7%
21 WEL Wonder Electricals ₹72.50 972 80.6 734 12 4.4% 1.6% -26.8% -52.0% 51.0% 264.7%
22 SWELECTES Swelect Energy ₹608.40 945 22.1 610 44 22.6% 7.2% 5.7% 325.4% -26.2% -63.8%
23 SALZERELEC Salzer Electronics ₹501.30 886 20.3 1,815 44 7.5% 2.4% 24.0% -22.2% 12.9% -51.7%
24 SAHAJSOLAR Sahaj Solar ₹395.90 870 29.4 419 29 12.4% 7.0% — — 32.8% 6.3%
25 KECL Kirloskar Electric ₹121.07 804 107.1 561 7 5.5% 1.3% 8.4% 270.9% -21.5% -1526.2%
❓ Frequently asked questions
What was Honda India Power Products Limited's revenue in Q1 FY27?
Honda India Power Products Limited reported revenue of ₹189 crore for the quarter ended June 2026 (Q1 FY27), up 22.1% from ₹155 crore in the same quarter last year, and down 28.6% sequentially over the March 2026 quarter.
What was Honda India Power Products Limited's net profit in Q1 FY27?
Net profit rose 23.3% year-on-year to ₹11 crore, from ₹9 crore. Earnings per share (EPS) came in at ₹10.94.
What is HONDAPOWER's market capitalisation and P/E ratio?
At the current price of ₹1,834.60, HONDAPOWER has a market capitalisation of ₹1,861 crore and a trailing P/E of about 28.2.
Who owns Honda India Power Products Limited? (shareholding pattern)
As of Sep 2026, promoters held 66.67%, foreign institutional investors (FIIs) 0.94%, domestic institutional investors (DIIs) 18.27%, public shareholders 14.12% of Honda India Power Products Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI