Want to see IN:HONAUT full AI Analyst Report?
Top Page
Honeywell Automation India Limited
(HONAUT)
Select Model
Select Model
Rating:66Neutral
Price Target:
₹35,046.00
▼(-6.50% Downside)
Action:Downgraded
Date:08/24/26
The score is primarily supported by strong financial quality—especially the conservatively capitalized balance sheet and solid cash generation—partly offset by 2026 margin compression. Technical indicators are currently soft, and the high P/E with a low dividend yield weighs heavily on valuation.
Positive Factors
Conservative balance sheet
Minimal leverage reduces financial risk and interest burden, preserving flexibility to fund projects, technology investment, and shareholder returns internally. The growing equity base and consistently healthy ROE also indicate that the business is generating returns without relying heavily on debt-funded expansion.
Negative Factors
2026 margin compression
The deterioration in gross and net margins suggests that recent revenue growth has not translated proportionally into earnings. If the less favorable mix, pricing, or cost pressure persists, it could reduce operating leverage, constrain reinvestment capacity, and weaken the quality of future profit growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Minimal leverage reduces financial risk and interest burden, preserving flexibility to fund projects, technology investment, and shareholder returns internally. The growing equity base and consistently healthy ROE also indicate that the business is generating returns without relying heavily on debt-funded expansion.
Read all positive factors
Honeywell Automation India Limited (HONAUT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹286.91B
Dividend Yield0.34%
Average Volume (3M)646.00
Price to Earnings (P/E)52.1
Beta (1Y)0.92
Revenue Growth6.59%
EPS Growth7.70%
CountryIN
Employees3,096
SectorGeneral
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)623.29
Shares Outstanding8,841,523
10 Day Avg. Volume251
30 Day Avg. Volume646
Financial Highlights & Ratios
PEG Ratio164.09
Price to Book (P/B)5.22
Price to Sales (P/S)4.97
P/FCF Ratio38.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)745.88
Revenue Forecast (FY)₹52.46B
Honeywell Automation India Limited Business Overview & Revenue Model
Company Description
Based in Pune, India, and established in 1984, Honeywell Automation India Limited delivers integrated automation and control systems across India and internationally. This subsidiary of HAIL Mauritius Limited specializes in manufacturing and selli...
How the Company Makes Money
HONAUT makes money primarily by selling automation and control products, executing integrated automation projects, and providing services across the lifecycle of customer assets. Key revenue streams typically include: (1) Product and system sales:...
Honeywell Automation India Limited Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
90
Very Positive
Cash Flow
76
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 47.03B | 46.82B | 41.90B | 40.58B | 34.48B | 29.48B |
| Gross Profit | 11.92B | 9.11B | 16.25B | 17.29B | 16.03B | 13.90B |
| EBITDA | 8.08B | 7.72B | 5.85B | 5.89B | 5.19B | 4.33B |
| Net Income | 5.51B | 5.25B | 5.24B | 5.01B | 4.38B | 3.39B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 62.29B | 56.05B | 48.95B | 44.51B | 40.11B |
| Cash, Cash Equivalents and Short-Term Investments | 38.05B | 38.60B | 32.91B | 28.22B | 23.85B | 20.06B |
| Total Debt | 0.00 | 1.10B | 1.01B | 596.00M | 363.00M | 557.40M |
| Total Liabilities | -44.63B | 17.66B | 15.66B | 12.89B | 12.62B | 11.74B |
| Stockholders Equity | 44.63B | 44.63B | 40.38B | 36.06B | 31.89B | 28.37B |
Cash Flow | ||||||
| Free Cash Flow | 2.33B | 6.09B | 3.99B | 4.07B | 3.82B | 2.51B |
| Operating Cash Flow | 2.42B | 6.42B | 4.26B | 4.39B | 4.10B | 2.64B |
| Investing Cash Flow | -2.16B | -31.13B | -142.00M | 20.06B | -1.29B | -1.09B |
| Financing Cash Flow | -1.04B | -1.16B | -1.10B | -1.05B | -1.02B | -985.30M |
Honeywell Automation India Limited Technical Analysis
Negative
37481.05
Price Trends
35621.19
Negative
36248.97
Negative
33664.44
Negative
Market Momentum
-731.91
Positive
34.71
Neutral
8.15
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HONAUT, the sentiment is Negative. The current price of 37481.05 is above the 20-day moving average (MA) of 33849.92, above the 50-day MA of 35621.19, and above the 200-day MA of 33664.44, indicating a bearish trend. The MACD of -731.91 indicates Positive momentum. The RSI at 34.71 is Neutral, neither overbought nor oversold. The STOCH value of 8.15 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:HONAUT.
Honeywell Automation India Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ₹1.37T | 118.58 | ― | 0.03% | 40.17% | 123.39% | |
75 Outperform | ₹1.44T | 48.09 | ― | 0.57% | 7.92% | 66.43% | |
69 Neutral | ₹1.35T | 107.75 | ― | 0.15% | 21.42% | 21.02% | |
67 Neutral | ₹1.10T | 74.20 | ― | 0.13% | ― | ― | |
66 Neutral | ₹286.91B | 52.13 | ― | 0.34% | 6.59% | 7.70% | |
59 Neutral | ₹281.28B | 153.06 | ― | 0.50% | 9.56% | -29.50% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
IN:HONAUT
Honeywell Automation India Limited
32,449.80
-3,638.74
-10.08%
IN:ABB
ABB India Limited
6,776.25
1,707.84
33.70%
IN:CGPOWER
CG Power & Industrial Solutions Ltd
856.60
111.40
14.95%
IN:POWERINDIA
Hitachi Energy India Limited
30,669.25
12,893.94
72.54%
IN:SCHNEIDER
Schneider Electric Infrastructure Limited
1,176.40
340.15
40.68%
IN:ENRIN
Siemens Energy India Limited
3,101.45
-72.54
-2.29%
Honeywell Automation India Limited Corporate Events
Honeywell Automation India Shuts Trading Window Ahead of Q2 Results
Sep 28, 2026
Honeywell Automation India Limited has announced that its trading window for dealing in the company’s equity shares will be closed from October 1, 2026 until 48 hours after it publishes financial results for the second quarter and half-year ...
Honeywell Automation India Revises AGM Notice and Seeks Nod on Key Resolutions
Jul 29, 2026
Honeywell Automation India Limited has issued a revised notice for its 42nd Annual General Meeting after identifying a typographical error in the previously released annual report for FY 2025-26. The correction relates to the commission payable to...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.