Honeywell Automation India Limited (HONAUT) AI Stock Analysis

• Market Cap: ₹314.27B
• Dividend Yield: 0.3%
• Average Volume (3M): 187.00
• Price to Earnings (P/E): 61.4
• Beta (1Y): 0.63
• Revenue Growth: 7.98%
• EPS Growth: -4.27%
• Country: IN
• Employees: 3,096
• Sector: Industrials
• Sector Strength: 84
• Industry: Electrical Equipment & Parts
• EPS (TTM): 141.00
• Shares Outstanding: 8,841,523
• 10 Day Avg. Volume: 181
• 30 Day Avg. Volume: 187
• PEG Ratio: 12.89
• Price to Book (P/B): 7.38
• Price to Sales (P/S): 7.12
• P/FCF Ratio: 74.77
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹40,639.00
• Price Target Upside: 10.31% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 63 Neutral
• Price Target: ₹40,639.00 ▲(10.31% Upside)

Honeywell Automation's strong financial performance is the key driver of its score, showcasing stability and growth potential. However, the stock's technical indicators suggest bearish momentum, and its high valuation raises concerns about potential overvaluation.

Honeywell Automation India Limited Business Overview & Revenue Model

Company Description

Honeywell Automation India Limited (HONAUT) is a leading provider of integrated automation and software solutions in India. The company operates in sectors such as industrial automation, building technologies, and performance materials and technologies. Its core products and services include process solutions, building management systems, environmental and combustion controls, and safety and security solutions, serving industries ranging from oil and gas to manufacturing and commercial buildings.

How the Company Makes Money

Honeywell Automation India Limited generates revenue through the sale of its automation and control solutions, which include hardware, software, and services. Key revenue streams include engineering and project management services, maintenance and support contracts, and the sale of proprietary software solutions for industrial and building automation. The company also benefits from strategic partnerships and collaborations with key players in various sectors, which enhance its market reach and customer base. Additionally, recurring revenues from long-term service contracts contribute significantly to its earnings.

Honeywell Automation India Limited Financial Statement Overview

Summary

Honeywell Automation shows robust financial health with consistent revenue growth, stable profitability, low leverage, and strong cash generation capabilities, positioning it well for future growth.

Income Statement

Honeywell Automation has demonstrated strong revenue growth over the years, with a consistent increase in total revenue from 2022 to 2025. The gross profit margin has been stable, indicating effective cost management. However, the EBIT and EBITDA margins have declined slightly, suggesting increased operational expenses or other cost pressures. The net profit margin remains solid, reflecting effective bottom-line management.

Balance Sheet

The balance sheet is robust, with a high equity ratio indicating strong financial stability. The company's debt-to-equity ratio is very low, reflecting minimal leverage and low financial risk. Return on equity is healthy, showcasing efficient use of equity to generate profits. Overall, the balance sheet positions the company well for future growth and risk management.

Cash Flow

The cash flow statement reflects a positive trajectory in free cash flow, although there was a slight decline from the previous period. The operating cash flow to net income ratio is strong, indicating efficient cash generation relative to net income. The free cash flow to net income ratio also supports the company's ability to generate sufficient cash flow, maintaining financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2020
Income Statement
Total Revenue	41.90B	41.90B	40.55B	29.37B	34.48B	32.71B
Gross Profit	12.53B	16.43B	17.26B	13.92B	16.14B	16.29B
EBITDA	7.20B	5.85B	7.37B	5.18B	6.49B	7.37B
Net Income	5.24B	5.24B	5.01B	3.39B	4.38B	4.91B
Balance Sheet
Total Assets	56.05B	56.05B	48.95B	40.11B	44.51B	34.57B
Cash, Cash Equivalents and Short-Term Investments	32.91B	32.91B	28.22B	20.06B	29.23B	15.14B
Total Debt	1.01B	1.01B	596.00M	557.40M	363.40M	809.40M
Total Liabilities	15.66B	15.66B	12.89B	11.74B	12.62B	12.79B
Stockholders Equity	40.38B	40.38B	36.06B	28.37B	31.89B	21.78B
Cash Flow
Free Cash Flow	0.00	3.99B	4.07B	2.51B	3.82B	2.71B
Operating Cash Flow	0.00	4.26B	4.39B	2.64B	4.10B	3.30B
Investing Cash Flow	0.00	-142.00M	20.06B	-1.09B	-1.29B	-2.27B
Financing Cash Flow	0.00	-1.10B	-1.05B	-985.30M	-1.02B	-695.40M

Honeywell Automation India Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 36841.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: 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 36841.35 is below the 20-day moving average (MA) of 38884.41, below the 50-day MA of 39022.65, and below the 200-day MA of 38639.79, indicating a bearish trend. The MACD of -793.50 indicates Positive momentum. The RSI at 25.36 is Positive, neither overbought nor oversold. The STOCH value of 6.64 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
POLYCAB	77 Outperform	₹1.02T	46.18		0.50%	25.40%	24.25%
APARINDS	72 Outperform	₹354.11B	40.16		0.58%	19.93%	2.95%
FINCABLES	70 Outperform	₹128.82B	20.80		83.13%	8.79%	-15.75%
HAVELLS	68 Neutral	₹918.76B	65.04		0.68%	9.53%	1.43%
Sector *	66 Neutral	£2.67B	13.00	3.30%	3.25%	2.35%	-22.12%
CGPOWER	66 Neutral	₹1.04T	100.38		0.20%	25.71%	-31.59%
HONAUT	63 Neutral	₹314.27B	61.42		0.30%	7.98%	-4.27%

Honeywell Automation India Limited Corporate Events

Honeywell Automation India Limited Concludes 41st AGM with Strategic Updates

Honeywell Automation India Limited held its 41st Annual General Meeting on June 27, 2025, through video conferencing, adhering to regulatory guidelines. The meeting, chaired by Independent Director Ganesh Natarajan, included presentations on the company’s strategic priorities, CSR programs, and business updates. The AGM facilitated shareholder engagement through electronic voting and discussions on the company’s operations and financial performance, with management addressing queries and suggestions.

Honeywell Automation India Limited Successfully Concludes 41st AGM

Honeywell Automation India Limited successfully conducted its 41st Annual General Meeting (AGM) on June 27, 2025, through video conferencing. All resolutions proposed during the meeting were approved by the requisite majority, and the results, along with the Scrutinizer’s Report, are available on the company’s website. This successful AGM reflects the company’s commitment to maintaining transparency and compliance with regulatory requirements, reinforcing its position in the market.