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Honeywell Automation India Limited (HONAUT)

₹32,095.00 -0.88% last close, 16 Oct

📊 NSE: HONAUT 🏢 Electronics - Components 📢 Latest filing: 19 Aug 2026 📝 Analysis written: 14 Dec 2025

Q2 FY27 results

📅 Next results: 27 Oct 2026 (board meeting)

Honeywell Automation India Limited's board meets on 27 Oct 2026 to consider its Q2 FY27 results (July-September 2026).

In its latest reported quarter, Q1 FY27, Honeywell Automation's revenue was ₹1,204 Cr (+19.2% year on year, +2.0% on the previous quarter), and net profit ₹151 Cr (+4.5% year on year); the operating margin was 14.3%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹1,204	+19.2%	+2.0%
Operating profit	₹172	+4.4%	-6.8%
Net profit	₹151	+4.5%	-5.8%
EPS (₹)	170.45	+4.5%	-5.6%
Operating margin	14.3%	—	—

Full quarterly financials → Results calendar →

HONAUT delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 48.22% of the HONAUT shares traded on NSE were taken to delivery, against the stock's own 20-session average of 46.6%. That is close to its usual level.

48.22%Delivery, 16 Oct

46.6%Own 20-session average

0.9×Volume vs its average

₹32,095.00NSE close · -0.88%

Delivery in the last 5 sessions: 44.1% · 40.4% · 48.6% · 37.4% · 48.2%

Delivery across the market →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Honeywell Automation Issues Newspaper Publication on Loss of Share Certificates

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 19 Aug 2026, 08:24 PM

Honeywell Automation India Limited has submitted a regulatory disclosure containing a copy of a newspaper publication regarding the loss of share certificate(s) reported by shareholders. The publication fulfills standard compliance procedures under SEBI Listing Regulations. This is a purely administrative filing with zero impact on the company's financial operations or revenue base.

Disclosure submitted to exchanges on August 19, 2026
Pertains to newspaper intimation for loss of share certificates by shareholders
Filing made pursuant to standard SEBI Listing Regulations compliance

💡 No action required from investors as this is a standard statutory compliance filing.

Honeywell Automation Revises AGM Notice; Proposes ₹1,720 Cr in Related Party Transactions

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 30 Jul 2026, 12:04 AM

Honeywell Automation India Limited (HONAUT) has issued a revised notice for its 42nd AGM to correct a typo regarding Independent Director commissions. The company has recommended a final dividend of ₹110 per share for FY 2025-26, representing a total cash payout of ₹97.3 crore. A significant portion of the notice seeks approval for material related party transactions (RPT) for FY 2026-27, totaling up to ₹1,720 crore with its parent and fellow subsidiaries. This RPT limit represents approximately 35% of the company's FY26 revenue of ₹4,860.9 crore.

Final dividend of ₹110 per equity share recommended for FY 2025-26, up from ₹105 in the previous year.
Proposed material related party transactions with Honeywell International Inc. capped at ₹950 crore for FY 2026-27.
Proposed material related party transactions with Honeywell Measurex (Ireland) Limited capped at ₹770 crore for FY 2026-27.
FY 2025-26 Sales and Other Income reported at ₹4,860.9 crore, an 11.2% increase year-on-year.
Profit After Tax for FY 2025-26 stood at ₹525 crore compared to ₹523.6 crore in the previous year.

💡 Investors should monitor the approval of the material related party transactions at the AGM, as these are critical for the company's operational integration with its global parent.

₹110 Final Dividend Approved at HONAUT 42nd AGM; Related Party Transactions Passed

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 29 Jul 2026, 09:12 PM

Honeywell Automation India Limited (HONAUT) concluded its 42nd AGM on July 29, 2026, with shareholders approving all seven resolutions. A final dividend of ₹110 per equity share for FY25-26 was ratified, totaling a payout of approximately ₹97.26 Cr (16.3% of TTM PAT). Material Related Party Transactions (RPTs) with the ultimate holding company, Honeywell International Inc., were approved with 87.55% of votes in favor. Despite the 75% promoter holding, 12.45% of votes were cast against the RPT resolutions, indicating some minority shareholder scrutiny.

Final dividend of ₹110 per equity share approved for the financial year 2025-26.
Material Related Party Transactions with Honeywell International Inc. passed with 87.55% votes in favor.
Total of 7,843,128 votes were polled, representing 88.71% of the total equity base.
Record date for the meeting was July 22, 2026, with 33,508 shareholders on record.
Re-appointment of Mr. Ashish Kumar Modi as Director was approved with 99.71% majority.

💡 Investors should note the dividend payment timeline and continue to monitor the scale of Related Party Transactions, which are central to the company's technology and export framework.

₹110 Final Dividend Approved at Honeywell Automation's 42nd AGM

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 29 Jul 2026, 08:05 PM

Honeywell Automation India Limited (HONAUT) concluded its 42nd Annual General Meeting on July 29, 2026, where shareholders approved a final dividend of ₹110 per equity share for FY25-26. The company reported FY26 revenue of ₹4,318.64 Cr and a net profit of ₹595.47 Cr, reflecting a steady performance. Management highlighted a 14.1% YoY increase in the New Orders book, driven by the 'India Automation Megatrend' strategy. Key approvals were also obtained for material related party transactions with Honeywell International Inc. for FY26-27.

Final dividend of ₹110 per equity share approved for the financial year 2025-26
FY26 annual revenue confirmed at ₹4,318.64 Cr with a net profit of ₹595.47 Cr
Management reported a 14.1% YoY increase in the New Orders book during the presentation
Shareholders approved material related party transactions with the ultimate holding company for FY26-27
Domestic business now contributes 58% of total revenue, focusing on Industrial and Building Automation

💡 Investors should track the dividend credit timeline and monitor upcoming quarterly results to see if the 14.1% order book growth translates into higher revenue amidst reported pricing pressures.

HONAUT Targets ~2X GDP Growth; Parent Completes Global Portfolio Simplification

🟡 NEUTRAL ⭐ 5/10

ROUTINE 📅 29 Jul 2026, 07:26 PM

Honeywell Automation India Limited (HAIL) outlined its 'Automation to Autonomy' strategy at its 42nd AGM, targeting growth at approximately twice the rate of India's GDP. The parent company, Honeywell Inc, completed a global restructuring on June 29, 2026, placing HAIL under the 'Honeywell Technologies' pure-play automation entity, which is expected to provide larger strategic synergies. Key project wins were highlighted in high-growth sectors, including an ELV package for India's first semiconductor plant and security systems for a Giga manufacturing facility. Related party transactions for FY25-26 showed significant intra-group activity, with sales of goods to affiliates totaling approximately ₹792.5 cr.

Targeting organic growth at ~2X India's GDP by focusing on mission-critical sectors like Semiconductors and Data Centers.
Completed 15 million safe manhours without Lost Time Injury (LTI) at the Reliance Jamnagar project.
Parent company Honeywell Inc split into three entities; HAIL remains part of the 'Honeywell Technologies' automation core.
FY25-26 Related Party sales of goods to global affiliates reached ₹7,925 million (~18.3% of TTM revenue).
Launched a CSR initiative with IIT Bombay to upskill 100,000+ students in sustainability by 2030.

💡 Monitor the conversion of 'New Age' industry wins (Semiconductors, Giga factories) into revenue and observe if the parent's simplified structure leads to increased export service orders.

HONAUT Q1 PAT Grows 21% YoY to ₹150.7 Cr Despite Muted 2% Revenue Growth

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 29 Jul 2026, 02:10 PM

Honeywell Automation India Limited (HONAUT) reported a 20.9% YoY increase in net profit to ₹150.7 Cr for Q1 FY27, driven by improved operational efficiencies. Revenue from operations grew marginally by 1.8% YoY to ₹1,204.4 Cr, which is significantly lower than the company's stated 14.1% growth strategy target. The profit boost was largely supported by a 12.2% YoY reduction in material costs, although employee benefit expenses rose by 7.3% YoY. Sequentially, PAT declined by 5.6% from the March 2026 quarter despite a 2% revenue increase.

Net Profit increased 20.9% YoY to ₹150.7 Cr from ₹124.6 Cr in the previous year's corresponding quarter.
Revenue from operations stood at ₹1,204.4 Cr, representing a modest 1.8% growth over June 2025.
Cost of materials consumed decreased by 12.2% YoY to ₹584.9 Cr, significantly aiding operating margins.
Earnings Per Share (EPS) for the quarter improved to ₹170.45 from ₹140.95 in the year-ago period.
Employee benefit expenses increased to ₹232.8 Cr, up from ₹216.9 Cr in June 2025.

💡 Investors should monitor the sustainability of current margins given the reported 'escalating pricing pressures' and watch for a recovery in top-line growth to align with the company's 14.1% growth strategy.

Honeywell Automation Submits Quarterly Share Dematerialization Certificate for June 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 13 Jul 2026, 03:24 PM

Honeywell Automation India Limited (HONAUT) has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that the company has processed and reported all security dematerialization and rematerialization requests for the quarter ended June 30, 2026. This is a standard administrative procedure required for all listed entities to ensure the accuracy of electronic shareholding records. There is no impact on the company's financial position or business operations.

Compliance certificate issued for the quarter ended June 30, 2026
Filed under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
Confirmation provided to both National Stock Exchange (NSE) and BSE Limited
Details furnished to Central Depository Services (India) Ltd and National Depository Services Limited

💡 No action is required as this is a routine regulatory filing. Investors should monitor the company's upcoming quarterly financial results for fundamental performance indicators.

HONAUT Sets July 17 as Record Date for Final Dividend; AGM Scheduled for July 29

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 07 Jul 2026, 07:16 PM

Honeywell Automation India Limited (HONAUT) has announced the schedule for its 42nd Annual General Meeting (AGM) to be held on July 29, 2026. The company has fixed July 17, 2026, as the record date for determining shareholder eligibility for the final dividend. Dividend payments are scheduled to commence from August 5, 2026. This filing is a procedural update aimed at shareholders with unregistered email addresses to ensure they can access the FY 2025-26 Annual Report and participate in e-voting.

42nd Annual General Meeting (AGM) scheduled for July 29, 2026, at 4:00 pm IST via video conferencing.
Record date for the final dividend is fixed as July 17, 2026.
Final dividend payment to commence from Wednesday, August 5, 2026.
Remote e-voting period starts on July 26, 2026 (9:00 am) and ends on July 28, 2026 (5:00 pm).
Last date for submission of TDS exemption forms for the dividend is July 20, 2026.

💡 Shareholders should ensure their bank account and KYC details are updated with their Depository Participant or the RTA (MUFG Intime India) before the July 17 record date to receive the dividend.

HONAUT FY26 BRSR: Exports Contribute 33.13% of Turnover; Manufacturing at 57%

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 07 Jul 2026, 05:02 PM

Honeywell Automation India Limited (HONAUT) has released its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. The company reported a total turnover of ₹4,681.9 crore, with manufacturing of industrial process control systems contributing 57% of revenue. Exports, primarily to Honeywell affiliates across 60 countries, accounted for 33.13% of total turnover. The company maintains a workforce of 7,385 employees, with permanent employee turnover improving to 9.3% from 10.9% in the previous year.

Manufacturing activities accounted for 57% of the total turnover of ₹4,681.9 crore.
Exports contributed 33.13% of total turnover, serving 60 international locations through Honeywell affiliates.
Total workforce stands at 7,385, with 3,119 permanent employees and 4,266 other than permanent.
Permanent employee turnover rate improved to 9.3% in FY 2025-26 compared to 10.9% in FY 2024-25.
The company reported a net worth of ₹4,462.7 crore as of March 31, 2026.

💡 Investors should monitor the company's ability to maintain its export share (33.13%) and manage pricing pressures in the domestic market as highlighted in its qualitative profile.

₹110 Dividend Proposed in HONAUT AGM Notice; ₹1,720 Cr Related Party Limits Set for FY27

🟡 NEUTRAL ⭐ 5/10

ROUTINE 📅 07 Jul 2026, 02:04 PM

Honeywell Automation India (HONAUT) has issued its 42nd AGM notice scheduled for July 29, 2026. The board has proposed a final dividend of ₹110 per share for FY26, representing a payout of approximately 16.3% of TTM EPS. A significant agenda item includes seeking shareholder approval for material related party transactions (RPTs) totaling up to ₹1,720 crore for FY27. These RPT limits with parent entities represent nearly 40% of the company's TTM revenue, reflecting its deep integration with the global Honeywell ecosystem.

Proposed final dividend of ₹110 per equity share for the financial year 2025-26.
Approval sought for related party transactions with Honeywell International Inc. up to ₹950 crore (₹9,500 million).
Approval sought for related party transactions with Honeywell Measurex (Ireland) Limited up to ₹770 crore (₹7,700 million).
Total proposed RPT limits of ₹1,720 crore represent ~39.8% of TTM revenue (₹4,319 crore).
Special resolution for Chairman Dr. Ganesh Natarajan's commission exceeding 50% of total non-executive director remuneration.

💡 Investors should monitor the shareholder voting results on July 29, 2026, particularly for the approval of material related party transactions and the dividend payment timeline.

Honeywell Automation India Updates Brand Identity and Tagline

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 30 Jun 2026, 10:32 PM

Honeywell Automation India Limited (HONAUT) has announced a change in its brand identity, including a new logo and tagline 'At the heart of it', replacing 'The Future is what we make it'. This update aligns with the global Honeywell parent's new brand identities for its automation and aerospace businesses. The transition will be implemented in a phased manner across all product labels, marketing materials, and digital platforms. Given HONAUT's TTM revenue of ₹4,319 Cr, this is a purely administrative alignment with the global parent and has no direct impact on financial performance.

New tagline 'At the heart of it' replaces the existing 'The Future is what we make it'
Branding update aligns with new global identities for Honeywell Technologies and Honeywell Aerospace
Phased implementation planned for all product labels, advertisements, and website content
Company maintains a strong promoter holding of 75.0% as of March 2026
Announcement dated June 30, 2026, follows a period of 44.4% price return over the last 3 months

💡 Treat this as a routine administrative update. Investors should focus on the upcoming quarterly results to see if the 'India Automation Megatrend' strategy continues to drive the 14.1% expected growth rate.

Honeywell Automation India Announces Trading Window Closure from July 1, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 26 Jun 2026, 04:54 PM

Honeywell Automation India Limited (HONAUT) has announced the closure of its trading window starting July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. This closure is ahead of the declaration of the company's financial results for the first quarter ending June 30, 2026. The window will remain closed for all designated persons and insiders until 48 hours after the results are officially declared. This is a standard regulatory procedure to prevent insider trading during the earnings finalization period.

Trading window closure effective from Wednesday, July 1, 2026.
Closure pertains to the financial results for the first quarter ending June 30, 2026.
Window will reopen 48 hours after the official board meeting and result declaration.
Applies to all Designated Persons, immediate relatives, and other Insiders of the Company.
Board meeting date for Q1 results to be announced in due course.

💡 This is a routine regulatory filing and requires no immediate action from retail investors. Investors should monitor for the upcoming announcement of the board meeting date to track Q1 performance.

Honeywell Automation Sets July 17, 2026, as Record Date for Final Dividend

🟢 POSITIVE ⭐ 6/10

DIVIDEND 📅 20 May 2026, 06:12 PM

Honeywell Automation India Limited (HONAUT) has fixed July 17, 2026, as the record date to determine shareholder eligibility for the final dividend of the financial year ended March 31, 2026. The company's 42nd Annual General Meeting (AGM) is scheduled for July 29, 2026, where the dividend will be formally approved. Eligible shareholders can expect the dividend distribution to commence from August 5, 2026. The register of members will remain closed from July 18 to July 28, 2026, for this purpose.

Record date for final dividend entitlement is fixed as Friday, July 17, 2026
42nd Annual General Meeting scheduled for July 29, 2026, at 4:00 p.m. IST
Dividend payment to commence from August 5, 2026, subject to shareholder approval
Book closure period set from July 18, 2026, to July 28, 2026 (both days inclusive)

💡 Investors interested in receiving the final dividend should ensure they purchase or hold the stock before the ex-dividend date, which is typically one business day prior to the July 17 record date.

HONAUT Appoints Satish Agarwal as CFO; Internal Auditor Resigns for Group Role

🟡 NEUTRAL ⭐ 6/10

MANAGEMENT 📅 20 May 2026, 05:29 PM

Honeywell Automation India Limited (HONAUT) has appointed Mr. Satish Agarwal as Chief Financial Officer and Key Managerial Personnel, effective June 1, 2026. Mr. Agarwal is a Chartered Accountant with prior experience at PepsiCo and Tata Steel, currently serving as CFO for Honeywell's Building Automation business in the India/ASEAN region. Additionally, Ms. Nandini Vishwas will resign as Internal Auditor effective August 1, 2026, due to an internal movement within the Honeywell group. These changes represent a structured leadership transition within the company's financial oversight functions.

Mr. Satish Agarwal appointed as CFO and Key Managerial Personnel effective June 1, 2026
Ms. Nandini Vishwas to resign as Internal Auditor effective August 1, 2026, for internal group movement
New CFO Satish Agarwal brings experience from PepsiCo, Tata Steel, and Honeywell's regional divisions
The Board of Directors approved these changes during their meeting on May 20, 2026

💡 Investors should monitor the transition but can take comfort in the fact that the new CFO is an internal veteran with significant regional experience. No immediate portfolio action is required as the changes appear to be part of routine corporate succession.

Honeywell Automation Recommends Rs 110 Final Dividend; FY26 Revenue Grows 11.7%

🟢 POSITIVE ⭐ 8/10

DIVIDEND 📅 20 May 2026, 05:25 PM

Honeywell Automation India Limited (HONAUT) has recommended a substantial final dividend of Rs 110 per share for FY26. The company reported a steady 11.7% growth in annual revenue, reaching Rs 46,819 million. While net profit remained relatively flat at Rs 5,250 million compared to the previous year, the company's cash position remains exceptionally strong with over Rs 38,000 million in bank balances. The dividend payout reflects management's confidence in the company's liquidity and long-term stability.

Recommended a final dividend of Rs 110 per equity share (1,100% of face value)
Annual revenue from operations increased to Rs 46,819 million from Rs 41,896 million in FY25
Net Profit for the full year stood at Rs 5,250 million with an EPS of Rs 593.81
Cash and bank balances grew significantly to Rs 38,058 million as of March 31, 2026
Profit before tax (PBT) reached Rs 7,088 million, maintaining stable margins despite higher employee costs

💡 Investors should consider the high dividend payout and robust cash reserves as indicators of financial health. The stock remains a strong long-term hold for those seeking exposure to the industrial automation sector with steady returns.

View All HONAUT Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total revenue from operations grew 3.2% YoY to INR 4,189.6 Cr. The domestic segment registered revenue of INR 2,427.1 Cr, representing a 0.4% growth YoY. The export segment grew 7.2% YoY to INR 1,754.6 Cr.

Geographic Revenue Split

The revenue mix for FY 2024-25 was 58% Domestic (India) and 42% Exports. This compares to a 60% Domestic and 40% Export split in the previous year.

Profitability Margins

Net income was 12.5% of sales (INR 523.6 Cr) compared to 12.4% in the previous year. Cost of goods sold (COGS) increased to 60.8% of sales from 57.0% in the prior year, indicating rising input costs.

EBITDA Margin

Profit before tax (PBT) for FY 2024-25 was INR 705.6 Cr, representing a PBT margin of 16.8%. For the half-year ended September 30, 2025, PBT was INR 328.7 Cr, down 3.1% from INR 339.4 Cr in the previous period.

Capital Expenditure

Property, Plant and Equipment (PPE) stood at INR 90.8 Cr as of September 30, 2025, down from INR 103.2 Cr in March 2025. Capital work-in-progress was INR 5.7 Cr.

Credit Rating & Borrowing

The company maintains a strong net cash position with cash and cash equivalents of INR 3,061.3 Cr as of September 30, 2025. Finance costs were minimal at INR 6.7 Cr for FY 2024-25.

⚙️ Operational Drivers

Raw Materials

Specific raw material names are not disclosed, but 'Purchases of stock in trade' accounted for INR 428 Cr in FY 2024-25. COGS represents 60.8% of total sales.

Key Suppliers

A significant portion of procurement and business relationships are maintained with Honeywell affiliates, including the ultimate holding company.

Raw Material Costs

Cost of goods sold was 60.8% of sales (INR 2,547.3 Cr) in FY 2024-25, up from 57.0% in the previous year due to inflationary pressures.

📈 Strategic Growth

Expected Growth Rate

14.10%

Growth Strategy

Growth is driven by the 'India Automation Megatrend' strategy, focusing on Industrial and Building Automation SBGs. The company is leveraging a 14.1% YoY increase in its New Orders book and focusing on domestic business, which is growing faster than exports in terms of strategic priority.

Products & Services

Automation and control systems, industrial automation solutions, and building automation technologies.

Brand Portfolio

Honeywell

New Products/Services

Portfolio is aligned to the global Honeywell mega trend of Automation, specifically within Industrial and Building Automation segments.

Market Expansion

The company is focusing on the domestic Indian market, which currently contributes 58% of revenue, while maintaining a strong export presence (42%).

Strategic Alliances

The company operates as a subsidiary of Honeywell International Inc., utilizing its global technology and brand.

🌍 External Factors

Industry Trends

The industry is shifting toward the 'Automation Megatrend'. Honeywell is positioning itself within Industrial and Building Automation to capture growth as India's industrial sector evolves.

Competitive Landscape

Highly competitive environment featuring both local startups and established global players, leading to significant pricing pressure.

Competitive Moat

Moat is derived from the global Honeywell brand, advanced technology in automation, and a strong relationship with the parent company, which provides a competitive edge in complex project execution.

Macro Economic Sensitivity

Sensitive to India's GDP growth and consumer price inflation. Slower GDP growth and elevated energy prices are noted as potential hindrances to industrial output in 2025.

Consumer Behavior

Industrial demand is shifting toward automated and efficient building and industrial solutions to counter rising energy and labor costs.

Geopolitical Risks

Global supply chain disruptions and trade barriers are identified as risks that could delay production and impact material availability.

⚖️ Regulatory & Governance

Industry Regulations

Operations are governed by Section 188 of the Companies Act and Regulation 23 of the SEBI Listing Regulations, particularly regarding related party transactions with Honeywell affiliates.