Is Honeywell Automation India a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Honeywell Automation India Ltd is a good quality company .

Is Honeywell Automation India undervalued or overvalued?

The key valuation ratios of Honeywell Automation India Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Honeywell Automation India share price return in the past 10 years?

Honeywell Automation India Ltd share price has appreciated 19.6% annually (CAGR) over the past ten years.

Is Honeywell Automation India a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Honeywell Automation India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Honeywell Automation India?

The latest standalone P/E ratio of Honeywell Automation India as of 21-Nov-2024 is 70.42.

What is the P/B ratio of Honeywell Automation India?

The latest standalone P/B ratio of Honeywell Automation India as of 21-Nov-2024 is 9.86.

Honeywell Automation India Ltd - Stock Valuation and Financial Performance

Name: Honeywell Automation India
Brand: Honeywell Automation India

BSE: 517174 | NSE: HONAUT | Consumer Durables - Electronics | Mid Cap

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Honeywell Automation Share Price

₹41,136.90 -890.95 -2.12%
as on 21-Nov'24 16:59

10 Year X-Ray of Honeywell Automation:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	21.4%	24.1%	28.2%	29.6%	35.5%	35.5%	26.4%	17.2%	19.7%	20%	-
Value Creation Index ⓘ	NA	NA	NA	NA	1.6	2.2	1.3	0.5	0.8	0.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,923	2,188	2,410	2,690	3,175	3,290	3,043	2,948	3,448	4,058	4,006
Sales YoY Gr.	-	13.8%	10.2%	11.6%	18%	3.6%	-7.5%	-3.1%	16.9%	17.7%	-
Adj EPS ⓘ	130.5	159.5	200.3	289.4	398	539.1	530.4	368.1	497.1	566.9	596.8
YoY Gr.	-	22.2%	25.6%	44.5%	37.5%	35.5%	-1.6%	-30.6%	35%	14.1%	-
BVPS (₹) ⓘ	798.1	1,154.1	1,332	1,600.4	1,970.9	2,457.5	2,908.8	3,198.5	3,608.5	4,079.1	4,263.5
Adj Net Profit ⓘ	115	141	177	256	352	477	469	325	439	501	528
Cash Flow from Ops. ⓘ	10.4	166	215	263	312	330	364	264	410	439	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0.1	0.1	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	8.7%	5%	10.1%	17.7%
Adj EPS ⓘ	17.7%	7.3%	2.2%	14.1%
BVPSⓘ	19.9%	15.7%	11.9%	13%
Share Price	19.6%	8.2%	1.1%	11.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	17.3	14.8	16.1	19.7	22.2	24.3	19.7	12	14.6	14.8	14.3
Op. Profit Mgn % ⓘ	9	9.8	12.3	14	15.2	19.1	19.9	14.8	15.1	14.7	15.3
Net Profit Mgn % ⓘ	6	6.4	7.4	9.5	11.1	14.5	15.4	11	12.8	12.4	13.2
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	195	247	249	259	260	289	355	303	271	307	211
Cash Conv. Cycle ⓘ	-9	-16	-26	-44	-49	-53	-47	-28	-5	11	155

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.30%

Sales growth is growing at healthy rate in last 3 years 10.07%

Net Profit has been subdued in last 3 years 2.24%

Sales growth is not so good in last 4 quarters at 3.22%

Latest Financials - Honeywell Automation India Ltd.

	Standalone	Consolidated
TTM EPS (₹)	596.8	-
TTM Sales (₹ Cr.)	4,006	-
BVPS (₹.) ⓘ	4,263.5	-
Reserves (₹ Cr.) ⓘ	3,761	-
P/BV ⓘ	9.86	-
PE ⓘ	70.42	-

From the Market
52 Week Low / High (₹)	34990.00 / 59700.00
All Time Low / High (₹)	40.75 / 59700.00
Market Cap (₹ Cr.)	37,159
Equity (₹ Cr.)	8.8
Face Value (₹)	10
Industry PE ⓘ	138.9

Management X-Ray of Honeywell Automation:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Honeywell Automation

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Honeywell Automation

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	2,404	2,188	2,410	2,690	3,175	3,290	3,043	2,948	3,448	4,058
Operating Expenses ⓘ	2,192	1,972	2,125	2,324	2,692	2,662	2,451	2,512	2,928	3,464
Manufacturing Costs	24	19	18	20	23	24	21	25	23	30
Material Costs	1,357	1,275	1,300	1,401	1,649	1,643	1,531	1,545	1,833	2,311
Employee Cost	429	359	414	458	540	555	524	558	626	660
Other Costs ⓘ	382	319	393	445	481	440	375	384	446	463
Operating Profit ⓘ	212	215	285	366	483	628	592	436	519	594
Operating Profit Margin (%)	8.8%	9.8%	11.8%	13.6%	15.2%	19.1%	19.5%	14.8%	15.1%	14.6%
Other Income ⓘ	22	30	42	34	95	110	84	82	131	143
Interest ⓘ	0	3	3	4	6	10	9	9	7	9
Depreciation ⓘ	17	15	16	15	16	41	49	52	52	54
Exceptional Items ⓘ	-40	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	177	226	307	381	555	687	618	458	591	675
Tax ⓘ	63	85	138	132	196	195	158	118	153	174
Profit After Tax	114	141	169	250	359	491	460	339	438	501
PAT Margin (%)	4.8%	6.5%	7.0%	9.3%	11.3%	14.9%	15.1%	11.5%	12.7%	12.4%
Adjusted EPS (₹)	129.2	159.7	191.7	282.5	405.9	556.0	520.4	383.6	497.7	569.8
Dividend Payout Ratio (%)	10%	6%	5%	11%	11%	13%	16%	23%	19%	18%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	882	1,020	1,178	1,415	1,742	2,172	2,571	2,828	3,176	3,590
Share Capital ⓘ	9	9	9	9	9	9	9	9	9	9
Reserves ⓘ	873	1,011	1,169	1,406	1,733	2,164	2,563	2,819	3,167	3,581
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	424	535	572	771	831	926	945	722	725	761
Others Liabilities ⓘ	490	581	733	908	1,176	1,409	1,629	407	1,980	2,118
Total Liabilities ⓘ	1,796	2,137	2,483	3,094	3,750	4,507	5,145	3,957	5,881	6,469
Fixed Assets
Gross Block	191	99	109	127	139	265	307	293	313	375
Accumulated Depreciation	106	15	30	43	54	69	91	113	162	205
Net Fixed Assetsⓘ	85	84	79	84	85	196	217	181	151	170
CWIP ⓘ	7	2	3	1	8	14	2	2	2	2
Investmentsⓘ	76	79	83	78	0	0	0	0	0	0
Inventories	124	101	97	80	105	121	95	99	165	159
Trade Receivables	346	505	500	591	622	743	923	675	938	926
Cash Equivalents ⓘ	219	372	578	841	1,225	1,514	1,797	2,006	2,380	2,823
Others Assetsⓘ	941	995	1,143	1,418	1,705	1,919	2,112	994	2,245	2,389
Total Assets ⓘ	1,796	2,137	2,483	3,094	3,750	4,507	5,145	3,957	5,881	6,469

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	13	166	215	263	312	330	364	264	410	439
PBT ⓘ	177	226	307	381	555	687	618	458	591	675
Adjustment ⓘ	-3	-5	-11	-9	-65	-58	12	11	1	-85
Changes in Working Capital ⓘ	-82	37	51	51	33	-97	-156	-51	-123	-30
Tax Paid ⓘ	-79	-92	-132	-160	-211	-202	-110	-154	-60	-121
Cash Flow From Investing Activity ⓘ	-140	46	-85	-174	-446	-227	-303	-109	-129	2,006
Capex	-37	-15	-16	-18	-23	-59	-47	-11	-22	-32
Net Investments	-121	45	-87	-174	-468	-241	-315	-150	-183	1,898
Others ⓘ	18	16	19	18	46	74	59	52	75	139
Cash Flow From Financing Activityⓘ	-11	-13	-11	-11	-34	-70	-89	-99	-102	-106
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	-9	-12	-9	-9	-28	-40	-66	-75	-80	-84
Others ⓘ	-2	-2	-2	-2	-6	-30	-23	-23	-23	-22
Net Cash Flow ⓘ	-138	199	120	78	-168	34	-28	56	179	2,339

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	13.74	14.85	15.42	19.27	22.73	25.11	19.4	12.56	14.59	14.82
ROCE (%)	21.37	24.09	28.16	29.63	35.46	35.49	26.37	17.16	19.72	20.04
Asset Turnover Ratio	1.45	1.13	1.06	0.97	0.93	0.8	0.63	0.65	0.7	0.66
PAT to CFO Conversion(x)	0.11	1.18	1.27	1.05	0.87	0.67	0.79	0.78	0.94	0.88
Working Capital Days
Receivable Days	52	70	75	74	70	76	100	99	85	84
Inventory Days	17	18	15	12	11	13	13	12	14	15
Payable Days	106	136	155	175	177	195	223	197	144	117

Honeywell Automation India Ltd Stock News

Honeywell Automation India Ltd FAQs

What is the share price of Honeywell Automation?

Company share prices are keep on changing according to the market conditions. The closing price of Honeywell Automation on 21-Nov-2024 16:59 is ₹41,136.9.

What is the market cap of Honeywell Automation?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Honeywell Automation stood at ₹37,159.

What is the P/E ratio of Honeywell Automation?

The latest P/E ratio of Honeywell Automation as of 21-Nov-2024 16:59 is 70.42.

What is the P/B ratio of Honeywell Automation?

The latest P/B ratio of Honeywell Automation as of 21-Nov-2024 16:59 is 9.86.

What is the 52-week high and low of Honeywell Automation?

The 52-week high of Honeywell Automation is ₹59,700 and the 52-week low is ₹34,990.

What is the TTM revenue of Honeywell Automation?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Honeywell Automation is ₹4,006 ( Cr.) .

About Honeywell Automation India Ltd

Honeywell Automation India Ltd. (HAIL) is a leader in providing integrated automation and software solutions, including process solutions and building solutions. It has a wide product portfolio in environmental and combustion controls, and sensing and control, and also provides engineering services in the field of automation and control to global clients. In India, the Company operates from its registered office and factory in Pune, and branch offices in key cities, including Chennai, Bangalore, Kolkata, Mumbai, Baroda, Jamshedpur, Ahmedabad, Hyderabad and Gurugram. The Company also has an office in Dubai and USA. Registered address of the company is 56 & 57, Hadapsar Industrial Estate, Pune.

Business area of the Company

The company is engaged in the business of Manufacture of electronic systems and components; Repair and maintenance; Trading of machinery, equipment and supplies.

Products/services of the company

Industrial software applications called Honeywell Connected Enterprise to leverage the power of software and Sensing and Internet of Things for making plants and buildings safer, more efficient / cost-effective, reliable, and sustainable.
Automation and control projects / solutions for fuel terminals / LNG terminals, process plants, commercial buildings, smart cities, gas and liquid pipelines for safer, reliable, and efficient operations.
Lifecycle services and technology migration services, industrial cyber security services, and benefit Guardianship for its installed base of customers.

Awards & Achievements

It is the first automation and control solutions company in India to receive double certifications of ISO 9001 and OHSAS 18001 certifications.
Honeywell Automation India received the Frost & Sullivan Brand Leadership and the Product Leadership Awards in the Indian DCS Industry 2007.
Honeywell Safety Manager is first safety system in process industries to Receive NFPA 72 Certification from US certifying body.
ISCEA awarded the 2007 Ptak Prize to Honeywell, in recognition of significant Supply Chain improvements through Vision, Business Rules, and Technology.

Milestones

2013

Honeywell Automation India is setting up an Industrial Unit for manufacture of Solar Water Heaters and other products at Gujarat Savli GIDC.

2014

Honeywell Automation - New manufacturing facility at Phulgaon

2015

Honeywell has completed the acquisition of the Seelze,Germany-based laboratory research chemicals business from Sigma-Aldrich, broadening Honeywell's offerings for high-purity solutions for drug discovery, medical diagnostic testing and other laboratory applications.
Honeywell Introduces Hline High Performance Workwear For Tough Working Environments

2016

Honeywell has entered into an agreement with Air Methods, America's largest emergency air medical provider and helicopter operator, to provide its fleet with Honeywell's Sky Connect Tracker III satellite communications and helicopter tracking system.
Honeywell Signs Lease for Its Atlanta Software Center and New Headquarters for Home and Building Technologies Business
Honeywell introduced the TouchCenter Plus intuitive graphical touchscreen keypad for Galaxy security systems.
Honeywell today announced that it has completed its $1.5 billion acquisition of Intelligrated, a privately held leader in supply chain and warehouse automation solutions
Honeywell achieved final certification from Inmarsat for JetWave™, the company's package of exclusive hardware that will allow pilots, passengers, operators and maintenance personnel to connect to GX Aviation, the revolutionary new in-flight broadband service from Inmarsat.
Honeywell Receives Awards for Pioneering Environmentally Preferable Technologies
Honeywell has reached a definitive agreement to sell Honeywell Technology Solutions Inc. (HTSI), a leading global provider of professional space, security, logistics and manpower services in the Government Services market, to KBR Inc. for approximately $300 million.
Honeywell released its new high-performance 8670 Wireless Ring Scanner with Bluetooth technology, a compact, lightweight scanner that fits comfortably on a finger to allow workers to keep both hands free when completing their tasks.
Honeywell UOP today opened a new production line at its catalyst manufacturing facility in Shreveport, La.
Honeywell has announced AlarmNet 360™, a new cloud-based management platform designed to help security dealers and central stations drive business growth, simplify account management and streamline installations.
Honeywell has announced today the availability of the newest version of Connexo MultiSense, its multi-vendor, multi-communication technology meter data collection (MDC) system developed by Elster.
Honeywell Partners With Chinese Manufacturing Leader To Meet Increased Worldwide Demand For Low-Global-Warming-Potential Auto Refrigerant
Honeywell Unveils New Pressure Sensor Solution For HVAC And Refrigeration Equipment
Honeywell Partners With Indian Manufacturer To Increase Supply Of Low-Global-Warming-Potential Auto Refrigerant
Honeywell has completed the acquisition of Ontario, Canada-based COM DEV International (TSX: CDV), a leading satellite and space components provider of switches and multiplexers.
Honeywell has entered into a definitive agreement to acquire Xtralis, a leading global provider of aspirating smoke detection along with advanced perimeter security technologies and video analytics software

2017

Honeywell introduces New Hardware and Software Platform for its mobile computers, helping customers maximize their technology investments
Honeywell launches First-Of-Its-Kind Data Control and Consulting Service to boost connected aircraft offerings
Honeywell Engine receives certification for Textron Aviation's Cessna Citation Longitude
Honeywell Unveils Next Generation Turbo Technology to Help Improve Vehicle Emissions and Performance
Honeywell Launches UAV Industrial Inspection Service, Teams With Intel on Innovative Offering
Honeywell UOP introduces New Connected Plant Service to improve dehydration of natural gas
Honeywell Unveils New Version of FDA-Cleared Telehealth Software
Honeywell Invests In Cyber Security Innovation Center In Asia Pacific
Honeywell And VietJet Air Sign $100 Million Agreement For Nearly 100 131-9A Auxiliary Power Units And More Than A Decade Of Maintenance Service
Honeywell And Saudi Aramco Ink New Partnership Agreement In Support Of Saudi Arabia's IKTVA Program
Honeywell Launches New Connected Worker Software Aimed At Boosting Safety, Productivity
Honeywell Launches New Venture Investment Fund Focused On Early-Stage, High-Growth Companies
Honeywell Launches Air Purifiers to Help Provide Indonesians With Cleaner Air In Their Homes And Cars
Honeywell UOP Signs Agreement to Provide Technology And Equipment For Expansion Of Jordanian Refinery
Honeywell Introduces New Lightweight Satellite Communications System for Cockpit Safety
Honeywell Introduces Pro-Watch 4.3 Security Management System Creating Integrator Pathway to New Connected Buildings Customers
Four New Honeywell Safety Products Win Prestigious iF Design Awards for Innovation, User Design
Honeywell Launches Bluetooth-Enabled Fixed Gas Detector For Commercial, Light Industrial Applications
Honeywell Introduces Home Energy Management Software for Utilities to Enhance Grid Stability, Help Homeowners Lower Energy Bills
Honeywell TITAN firefighter breathing equipment has been improved with a louder alarm to make it easier to find downed firefighters.
Honeywell Expands Software Solutions for Dealers with New Interactive Analytics Dashboard for AlarmNet 360
Honeywell's HPM series particle sensor is a new particle sensor designed to help building owners and consumers monitor the air for potentially harmful particulate contaminants.
Honeywell Releases Wireless Combination Smoke and Carbon Monoxide Detector
Honeywell Leads $243 Million Infrastructure Modernization Project at Tinker Air Force Base, Largest Performance Contract in Air Force History
Honeywell introduced its latest technology breakthroughs and innovative solutions for manufacturers, distribution centers, logistics providers, delivery firms and retailers to help drive efficiency across their supply chain operations'

2018

Honeywell Connected Plant Helps Visualize And Optimize Energy Use At Turbocharger Plant In Japan
Honeywell Showcases Latest Connected Building And Commercial Security Solutions Designed To Assist Emergency
Honeywell Introduces New Slim 2D Scan Engines to Improve Mobile Device Performance
Honeywell Partners with Fetch Robotics to Deliver Autonomous Mobile Robots to Distribution
Honeywell Completes Acquisition Of Transnorm
Honeywell Named A Global Reseller Of Inmarsat's GX Aviation In-Flight Broadband Solution

2019

Honeywell Joins Android Enterprise Recommended Program for Managed Service Providers
Honeywell Launches Online Store to Streamline Access to Business-Critical Software
Honeywell And Wood Collaborate To Deliver Advanced Refining And Petrochemical Solutions
Honeywell And DENSO Collaborate On Electric Propulsion Systems For Urban Air Mobility
Honeywell And Jaunt Air Mobility To Collaborate On Urban Air Mobility Technologies
Honeywell Launches Advanced Software Platform To Help Make Airlines More Profitable
Honeywell Launches 30 Series IP Cameras To Improve Data and Video Protection

2020

Honeywell And Nexceris Create Strategic Alliance To Address Lithium-ion Battery Safety
Honeywell Launches First Autonomous Building Sustainability Solution
Honeywell Installs 100th Biomethane Injection Station To GRDF
Honeywell Acquires Ballard Unmanned Systems
Honeywell Introduces Virtual Reality-Based Simulator To Optimize Training For Industrial Workers