Reported Earnings • Jul 30
First quarter 2027 earnings released: EPS: ₹170 (vs ₹141 in 1Q 2026) First quarter 2027 results: EPS: ₹170 (up from ₹141 in 1Q 2026). Revenue: ₹12.0b (up 1.8% from 1Q 2026). Net income: ₹1.51b (up 21% from 1Q 2026). Profit margin: 13% (up from 11% in 1Q 2026). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jul 13
Honeywell Automation India Limited to Report Q1, 2027 Results on Jul 29, 2026 Honeywell Automation India Limited announced that they will report Q1, 2027 results on Jul 29, 2026 Upcoming Dividend • Jul 10
Upcoming dividend of ₹110 per share Eligible shareholders must have bought the stock before 17 July 2026. Payment date: 28 August 2026. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.5%). Reported Earnings • May 22
Full year 2026 earnings released: EPS: ₹594 (vs ₹592 in FY 2025) Full year 2026 results: EPS: ₹594 (up from ₹592 in FY 2025). Revenue: ₹48.6b (up 16% from FY 2025). Net income: ₹5.25b (flat on FY 2025). Profit margin: 11% (down from 13% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • May 21
Honeywell Automation India Limited announces Annual dividend, payable on August 28, 2026 Honeywell Automation India Limited announced Annual dividend of INR 110.0000 per share payable on August 28, 2026, ex-date on July 17, 2026 and record date on July 17, 2026. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹34,896, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 44x in the Electronic industry in India. Total loss to shareholders of 12% over the past three years. Announcement • Apr 20
Honeywell Automation India Limited to Report Fiscal Year 2026 Results on May 20, 2026 Honeywell Automation India Limited announced that they will report fiscal year 2026 results on May 20, 2026 Reported Earnings • Feb 03
Third quarter 2026 earnings released: EPS: ₹137 (vs ₹149 in 3Q 2025) Third quarter 2026 results: EPS: ₹137 (down from ₹149 in 3Q 2025). Revenue: ₹12.1b (up 11% from 3Q 2025). Net income: ₹1.21b (down 8.3% from 3Q 2025). Profit margin: 10.0% (down from 12% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jan 07
Honeywell Automation India Limited to Report Nine Months, 2026 Results on Feb 02, 2026 Honeywell Automation India Limited announced that they will report nine months, 2026 results on Feb 02, 2026 Reported Earnings • Nov 06
Second quarter 2026 earnings released: EPS: ₹135 (vs ₹130 in 2Q 2025) Second quarter 2026 results: EPS: ₹135 (up from ₹130 in 2Q 2025). Revenue: ₹11.9b (up 17% from 2Q 2025). Net income: ₹1.20b (up 3.8% from 2Q 2025). Profit margin: 10.0% (down from 11% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Oct 13
Honeywell Automation India Limited to Report Q2, 2026 Results on Nov 05, 2025 Honeywell Automation India Limited announced that they will report Q2, 2026 results on Nov 05, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: ₹141 (vs ₹154 in 1Q 2025) First quarter 2026 results: EPS: ₹141 (down from ₹154 in 1Q 2025). Revenue: ₹11.8b (up 23% from 1Q 2025). Net income: ₹1.25b (down 8.7% from 1Q 2025). Profit margin: 11% (down from 14% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Price Target Changed • Jul 22
Price target decreased by 13% to ₹37,968 Down from ₹43,891, the current price target is an average from 5 analysts. New target price is 6.5% below last closing price of ₹40,606. Stock is down 24% over the past year. The company is forecast to post earnings per share of ₹681 for next year compared to ₹592 last year. Announcement • Jul 04
Honeywell Automation India Limited to Report Q1, 2026 Results on Aug 01, 2025 Honeywell Automation India Limited announced that they will report Q1, 2026 results on Aug 01, 2025 Upcoming Dividend • Jun 09
Upcoming dividend of ₹105 per share Eligible shareholders must have bought the stock before 16 June 2025. Payment date: 27 July 2025. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.7%). Reported Earnings • May 14
Full year 2025 earnings released: EPS: ₹592 (vs ₹567 in FY 2024) Full year 2025 results: EPS: ₹592 (up from ₹567 in FY 2024). Revenue: ₹43.7b (up 7.7% from FY 2024). Net income: ₹5.24b (up 4.4% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Apr 14
Honeywell Automation India Limited to Report Q4, 2025 Results on May 13, 2025 Honeywell Automation India Limited announced that they will report Q4, 2025 results on May 13, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: ₹149 (vs ₹145 in 3Q 2024) Third quarter 2025 results: EPS: ₹149 (up from ₹145 in 3Q 2024). Revenue: ₹11.4b (up 6.5% from 3Q 2024). Net income: ₹1.32b (up 3.3% from 3Q 2024). Profit margin: 12% (in line with 3Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jan 16
Honeywell Automation India Limited to Report Q3, 2025 Results on Feb 07, 2025 Honeywell Automation India Limited announced that they will report Q3, 2025 results on Feb 07, 2025 Announcement • Dec 20
Honeywell Automation India Limited Accepts Resignation of Mr. Thaj Mathew as Non-Executive Non-Independent Director, Effective December 20, 2024 The Board of Honeywell Automation India Limited accepted and took on record resignation of Mr. Thaj Mathew, a Non-Executive Non-Independent Director, from the Directorship of the Company with effect from December 20, 2024. Reported Earnings • Oct 30
Second quarter 2025 earnings released: EPS: ₹130 (vs ₹138 in 2Q 2024) Second quarter 2025 results: EPS: ₹130 (down from ₹138 in 2Q 2024). Revenue: ₹10.7b (down 3.5% from 2Q 2024). Net income: ₹1.15b (down 5.6% from 2Q 2024). Profit margin: 11% (in line with 2Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Oct 22
Honeywell Automation India Limited Announces Resignation of Brian Rudick, Non-Executive Non-Independent Director, Effective on October 28, 2024 Honeywell Automation India Limited informed the resignation of Mr. Brian Rudick, a Non-Executive Non-Independent Director of the Company, from the Directorship of the Company as also from the membership of the Risk Management Committee of the Company with effect from close of business hours on October 28, 2024, due to other professional commitments. Announcement • Oct 01
Honeywell Automation India Limited to Report Q2, 2025 Results on Oct 29, 2024 Honeywell Automation India Limited announced that they will report Q2, 2025 results on Oct 29, 2024 Announcement • Sep 18
Honeywell Automation India Limited Announces Resignation of Madhavi Bhalerao as Director Internal Audit Honeywell Automation India Limited informed that Ms. Madhavi Bhalerao, Director Internal Audit, has tendered her resignation from the services of the Company. Announcement • Aug 30
Honeywell Automation India Limited Appoints Saurabh Gupta as Director Global Manufacturing, Effective September 1, 2024 Honeywell Automation India Limited approved the appointment of Mr. Saurabh Gupta as Director Global Manufacturing with effect from September 1, 2024. Saurabh Gupta has 22 years of comprehensive understanding and experience in Supply Chain Operations, with expertise includes Factory Management, Sourcing, Materials Management, Integration and Transitions, Project Management, New Product Development, Inbound logistics and warehousing. He joined Honeywell in 2012 and currently working as Sr Plant Manager & Integrated Supply Chain Leader of Industrial Automation India. In his role, he has provided strategic and tactical direction for the plant and related integrated supply chain activities, developed and executed strategies for increased customer satisfaction, safety, quality, delivery, productivity, and cost, and effectively introduced new products and processes for growth. Announcement • Jul 22
Honeywell Automation India Limited to Report Q1, 2025 Results on Aug 05, 2024 Honeywell Automation India Limited announced that they will report Q1, 2025 results on Aug 05, 2024 Reported Earnings • Jul 16
Full year 2024 earnings released: EPS: ₹567 (vs ₹495 in FY 2023) Full year 2024 results: EPS: ₹567 (up from ₹495 in FY 2023). Revenue: ₹40.6b (up 18% from FY 2023). Net income: ₹5.01b (up 14% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year. Announcement • Jul 11
Honeywell Automation India Limited, Annual General Meeting, Aug 05, 2024 Honeywell Automation India Limited, Annual General Meeting, Aug 05, 2024, at 16:00 Indian Standard Time. Price Target Changed • May 17
Price target increased by 9.2% to ₹43,707 Up from ₹40,008, the current price target is an average from 8 analysts. New target price is 17% below last closing price of ₹52,977. Stock is up 36% over the past year. The company is forecast to post earnings per share of ₹693 for next year compared to ₹567 last year. Reported Earnings • May 16
Full year 2024 earnings released: EPS: ₹567 (vs ₹495 in FY 2023) Full year 2024 results: EPS: ₹567 (up from ₹495 in FY 2023). Revenue: ₹42.0b (up 22% from FY 2023). Net income: ₹5.01b (up 14% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 28
Honeywell Automation India Limited to Report Q4, 2024 Results on May 15, 2024 Honeywell Automation India Limited announced that they will report Q4, 2024 results on May 15, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹145 (vs ₹120 in 3Q 2023) Third quarter 2024 results: EPS: ₹145 (up from ₹120 in 3Q 2023). Revenue: ₹11.0b (up 8.0% from 3Q 2023). Net income: ₹1.28b (up 21% from 3Q 2023). Profit margin: 12% (up from 10% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Announcement • Jan 29
Honeywell Automation India Limited to Report Q3, 2024 Results on Feb 08, 2024 Honeywell Automation India Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: ₹138 (vs ₹133 in 2Q 2023) Second quarter 2024 results: EPS: ₹138 (up from ₹133 in 2Q 2023). Revenue: ₹11.0b (up 39% from 2Q 2023). Net income: ₹1.22b (up 3.4% from 2Q 2023). Profit margin: 11% (down from 15% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Oct 25
Honeywell Automation India Limited to Report Q2, 2024 Results on Nov 06, 2023 Honeywell Automation India Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Announcement • Aug 11
Honeywell Automation India Limited Approves A Final Dividend for the Financial Year 2022-23 Honeywell Automation India Limited at its AGM, held on August 10, 2023, approved a final dividend of INR 95/- (Rupees Ninety Five Only) per equity share for the financial year 2022-23. Announcement • Aug 10
Honeywell Automation India Limited Announces Resignation of Nisha Gupta as Non-Executive Non-Independent Director Honeywell Automation India Limited announced the resignation of Ms. Nisha Gupta as the Non-Executive Non-Independent Director of the Company with effect from close of business hours on August 9, 2023. Upcoming Dividend • Jul 27
Upcoming dividend of ₹95.00 per share at 0.2% yield Eligible shareholders must have bought the stock before 03 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.0%). Announcement • Jul 25
Honeywell Automation India Limited to Report Q1, 2024 Results on Aug 10, 2023 Honeywell Automation India Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • Jul 22
Honeywell Automation India Limited Proposes Final Dividend for the Financial Year 2022-23 Honeywell Automation India Limited proposed final dividend of INR 95/- per equity share for the financial year 2022-23 at its Agm to be held on August 10, 2023. Reported Earnings • Jul 21
Full year 2023 earnings released: EPS: ₹495 (vs ₹384 in FY 2022) Full year 2023 results: EPS: ₹495 (up from ₹384 in FY 2022). Revenue: ₹34.5b (up 17% from FY 2022). Net income: ₹4.38b (up 29% from FY 2022). Profit margin: 13% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • May 19
Honeywell Automation India Limited, Annual General Meeting, Aug 11, 2023 Honeywell Automation India Limited, Annual General Meeting, Aug 11, 2023. Agenda: To approve dividend per equity share for the financial year ended on March 31, 2023. Announcement • May 18
Honeywell Automation India Limited Recommends Dividend for the Financial Year Ended on March 31, 2023, Payable on August 25, 2023 Honeywell Automation India Limited at its Board Meeting held on May 17, 2022 Recommendation of dividend @ INR 95 per Equity share of face value INR 10 each for the financial year ended on March 31, 2023 to be approved by the shareholders at the Annual General Meeting of the Company to be hetd on August 11, 2023. The said dividend, if declared at the ensuing Annual General Meeting of the Company shall be paid on August 25, 2023. Reported Earnings • May 18
Full year 2023 earnings released: EPS: ₹495 (vs ₹384 in FY 2022) Full year 2023 results: EPS: ₹495 (up from ₹384 in FY 2022). Revenue: ₹35.8b (up 21% from FY 2022). Net income: ₹4.38b (up 29% from FY 2022). Profit margin: 12% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • May 09
Honeywell Automation India Limited to Report Q4, 2023 Results on May 17, 2023 Honeywell Automation India Limited announced that they will report Q4, 2023 results on May 17, 2023 Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: ₹120 (vs ₹101 in 3Q 2022) Third quarter 2023 results: EPS: ₹120 (up from ₹101 in 3Q 2022). Revenue: ₹10.2b (up 18% from 3Q 2022). Net income: ₹1.06b (up 18% from 3Q 2022). Profit margin: 10% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Jan 28
Honeywell Automation India Limited to Report Q3, 2023 Results on Feb 08, 2023 Honeywell Automation India Limited announced that they will report Q3, 2023 results on Feb 08, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Independent Chairman Ganesh Natarajan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: ₹133 (vs ₹96.36 in 2Q 2022) Second quarter 2023 results: EPS: ₹133 (up from ₹96.36 in 2Q 2022). Revenue: ₹8.39b (up 14% from 2Q 2022). Net income: ₹1.18b (up 38% from 2Q 2022). Profit margin: 14% (up from 12% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Nov 09
Honeywell Automation India Limited Announces Executive Changes Honeywell Automation India Limited approved the appointment of Ms. Indu Daryani as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company with effect from November 21, 2022. Ms. Farah Irani, the previous Company Secretary, had resigned with effect from September 4, 2022. Accordingly, the Board is required to appoint a new Company Secretary within a period of 6 months from the date of vacancy i.e. on or before March 3, 2023. Ms. Indu Daryani (FCS No. F9059) is a Post Graduate in Commerce, a Fellow Member of the Institute of Company Secretaries of India and a Law Graduate from the University of Rajasthan. She has more than 17 years of experience in corporate secretarial and finance functions with hands-on experience in Open Offers, Buy-Back of Shares, Scheme of Arrangements, Fund Raising and other Corporate Restructuring Projects across organizations viz., Tata Motors Limited, Welspun Group and Genpact, India. Price Target Changed • Nov 09
Price target increased to ₹40,400 Up from ₹37,596, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ₹40,042. Stock is down 6.0% over the past year. The company posted earnings per share of ₹384 last year. Announcement • Nov 03
Honeywell Automation India Limited to Report Q2, 2023 Results on Nov 08, 2022 Honeywell Automation India Limited announced that they will report Q2, 2023 results on Nov 08, 2022 Announcement • Aug 20
Honeywell Automation India Limited Approves Appointment of Rajesh Rege as Director Honeywell Automation India Limited announced that at its AGM held on August 17, 2022, the shareholders approved appointment of Mr. Rajesh Rege as director of the company. Announcement • Aug 19
Honeywell Automation India Limited Declares Final Dividend for the Financial Year 2021-22 Honeywell Automation India Limited at its AGM held on August 17, 2022 declare final dividend of INR 90/- per equity share for the financial year 2021-22. Price Target Changed • Aug 19
Price target increased to ₹40,835 Up from ₹37,596, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₹41,863. Stock is up 7.1% over the past year. The company posted earnings per share of ₹384 last year. Announcement • Aug 16
Honeywell Automation India Limited Announces Resignation of Farah Irani as Company Secretary / Compliance Officer Honeywell Automation India Limited informed that the Board of Directors of the Company at its meeting held on August 14, 2022 have noted theresignation of Ms. Farah Irani (A21182) as the Company Secretary (Key Managerial Personnel) and the Compliance Officer effective end of day September 4, 2022. She is moving to a different city and wants to explore a new opportunity for furthering her professional career. Upcoming Dividend • Aug 01
Upcoming dividend of ₹90.00 per share Eligible shareholders must have bought the stock before 08 August 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (1.2%). Reported Earnings • Jul 27
Full year 2022 earnings released: EPS: ₹384 (vs ₹520 in FY 2021) Full year 2022 results: EPS: ₹384 (down from ₹520 in FY 2021). Revenue: ₹29.5b (down 3.1% from FY 2021). Net income: ₹3.39b (down 26% from FY 2021). Profit margin: 12% (down from 15% in FY 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Announcement • Jul 24
Honeywell Automation India Limited, Annual General Meeting, Aug 17, 2022 Honeywell Automation India Limited, Annual General Meeting, Aug 17, 2022, at 16:00 Indian Standard Time. Agenda: To consider dividend payment. Board Change • Jun 21
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Non-Executive Independent Chairman Ganesh Natarajan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • May 15
Full year 2022 earnings released: EPS: ₹384 (vs ₹520 in FY 2021) Full year 2022 results: EPS: ₹384 (down from ₹520 in FY 2021). Revenue: ₹29.5b (down 3.1% from FY 2021). Net income: ₹3.39b (down 26% from FY 2021). Profit margin: 12% (down from 15% in FY 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • May 14
Honeywell Automation India Limited Recommends for the Financial Year Ended March 31, 2022 Honeywell Automation India Limited informed that the Board of Directors at its meeting held has recommended a dividend of INR 90 (Rupees Ninety only) per Equity share of face value INR 10 each for the financial year ended March 31, 2022. This payment is subject to the approval of shareholders in the Annual General Meeting of the Company. The said dividend, if declared at the ensuing Annual General Meeting of the Company shall be paid on September 2, 2022. Board Change • Mar 29
High number of new directors Additional Non-Executive Independent Chairman Ganesh Natarajan was the last director to join the board, commencing their role in 2021. Reported Earnings • Feb 14
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹101 (down from ₹170 in 3Q 2021). Revenue: ₹8.74b (flat on 3Q 2021). Net income: ₹897.3m (down 40% from 3Q 2021). Profit margin: 10% (down from 17% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 12
Honeywell Automation India Limited Announces Resignation of Amit Kumar Tantia as the Chief Financial Officer Honeywell Automation India Limited announced resignation of Amit Kumar Tantia as the Chief Financial Officer of the Company effective close of business hours of February 11, 2022 due to new role within Honeywell Organisation. The Board places on record it's appreciation for the valuable contributions made by Mr. Amit Kumar Tantia during his tenure as the CFO of the Company. Further, the Board of Directors of the Company have appointed Mr. Pulkit Goyal as the Chief Financial Officer (Key Managerial Personnel) of the Company effective February 12, 2022. Announcement • Jan 30
Honeywell Automation India Limited to Report Q3, 2022 Results on Feb 11, 2022 Honeywell Automation India Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Upcoming Dividend • Aug 03
Upcoming dividend of ₹85.00 per share Eligible shareholders must have bought the stock before 10 August 2021. Payment date: 10 September 2021. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.7%). Reported Earnings • Jul 27
Full year 2021 earnings released: EPS ₹520 (vs ₹556 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: ₹30.4b (down 7.5% from FY 2020). Net income: ₹4.60b (down 6.4% from FY 2020). Profit margin: 15% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 03
Full year 2021 earnings released: EPS ₹520 (vs ₹556 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: ₹30.4b (down 7.5% from FY 2020). Net income: ₹4.60b (down 6.4% from FY 2020). Profit margin: 15% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 01
Honeywell Automation India Limited Recommends Dividend for the Financial Year Ended March 31, 2021, Payable on or Before September 10, 2021 Honeywell Automation India Limited announced that the Board of Directors at its meeting held has recommended a dividend of INR 85 per equity share for the financial year ended March 31, 2021. This payment is subject to the approval of shareholders in the Annual General Meeting of the Company. The said dividend, if declared at the upcoming Annual General Meeting of the Company shall be paid on or before September 10, 2021. Executive Departure • Mar 10
Independent Non-Executive Chairman Suresh Senapaty has left the company On the 7th of March, Suresh Senapaty's tenure as Independent Non-Executive Chairman ended after 5.0 years in the role. We don't have any record of a personal shareholding under Suresh's name. A total of 4 executives have left over the last 12 months. Announcement • Mar 05
Honeywell Automation India Limited Announces Change in Directorate Honeywell Automation India Limited inform that Mr. Suresh C Senapaty (DIN: 00018711), an Independent Director of the Company, whose current term is expiring on March 07, 2021 (end of day), has conveyed his desire not to seek reappointment as Independent Director of the Company for the second term, due to his personal commitments. Accordingly, Mr. Suresh C Senapaty tenure as Independent Director and Chairman of the Company shall come to an end on March 7, 2021. Members of the Board placed on record their appreciation for the remarkable support and guidance rovided by Mr. Suresh C Senapaty during his tenure as Chairman and Independent Director, and for his active participation in all the decision making processes of the Board and the Committees of the Board. This is further to inform that the Board of Directors at its meeting held have appointed Dr. Ganesh Natarajan (DIN: 00176393), as an Additional (Non-Executive, Independent) Director of the Company for a term of 5 years commencing from March 8, 2021 to March 7, 2026. The appointment of Dr. Ganesh Natarajan will be subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company. Further, Dr. Ganesh Natarajan has also been appointed as the Chairman of the Board of Directors with effect from March 8, 2021. Dr. Ganesh Natarajan is not related to any of the Directors of the Company and neither holds any shares in the Company. Dr. Ganesh Natarajan is not debarred from holding the office of a Director by any SEBI/Ministry of Corporate Affairs/or any other authority. Is New 90 Day High Low • Feb 17
New 90-day high: ₹44,290 The company is up 41% from its price of ₹31,389 on 19 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 33% over the same period. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS ₹170 (vs ₹164 in 3Q 2020) The company reported a solid third quarter result with improved earnings, although revenues and profit margins were flat. Third quarter 2021 results: Revenue: ₹9.03b (flat on 3Q 2020). Net income: ₹1.50b (up 3.6% from 3Q 2020). Profit margin: 17% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Feb 05
Price target raised to ₹37,865 Up from ₹30,988, the current price target is provided by 1 analyst. The new target price is 9.7% below the current share price of ₹41,949. As of last close, the stock is up 22% over the past year. Is New 90 Day High Low • Feb 01
New 90-day high: ₹40,933 The company is up 45% from its price of ₹28,272 on 03 November 2020. The Indian market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 33% over the same period. Announcement • Jan 23
Honeywell Automation India Limited to Report Q3, 2021 Results on Feb 04, 2021 Honeywell Automation India Limited announced that they will report Q3, 2021 results on Feb 04, 2021 Is New 90 Day High Low • Jan 07
New 90-day high: ₹38,952 The company is up 26% from its price of ₹31,005 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 20% over the same period. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 18% share price gain to ₹38,242, the stock is trading at a trailing P/E ratio of 73x, up from the previous P/E ratio of 61.9x. This compares to an average P/E of 20x in the Electronic industry in India. Total returns to shareholders over the past three years are 96%. Is New 90 Day High Low • Dec 21
New 90-day high: ₹34,000 The company is up 5.0% from its price of ₹32,364 on 22 September 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS ₹121 The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: ₹7.74b (down 6.5% from 2Q 2020). Net income: ₹1.08b (down 10% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Nov 10
Honeywell Automation India Limited Announces Resignation of Davies Walker as Non-Executive Director Honeywell Automation India Limited announced that the Board of Directors at its meeting held November 9, 2020 have appointed Mr. Atul Pai as an Additional Director (Non-Executive Director) of the Company with immediate effect
November 9, 2020. The appointment of Mr. Atul Pai will be subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company. Further, Mr. Davies Walker has decided to step down as a Director (Non-Executive Director) with effect from end of day November 8, 2020 due to other professional commitments. The Board has noted and accepted his resignation at the Board meeting held on November 9, 2020. Announcement • Jul 18
Honeywell Automation India Limited to Report Q1, 2021 Results on Aug 06, 2020 Honeywell Automation India Limited announced that they will report Q1, 2021 results on Aug 06, 2020 
