Honeywell Automation India Limited (HAIL) was established in 1987 as a joint venture between Tata and Honeywell. Later in 2004, Honeywell Asia Pacific Inc. acquired Tata's stake and the company was renamed to Honeywell Automation India Limited. The company is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) and was incorporated in India in 1984 with its registered office in Hadapsar, Pune.
HAIL is a leader in integrated automation and software solutions that improve productivity, ensure safety and security, and enhance the comfort of homes and commercial premises. The company specializes in providing integrated automation and software solutions, including process solutions and building solutions. As a Fortune India 500 company, HAIL has more than 3,000 employees across India in cities including Pune, Bangalore, Hyderabad, Mumbai, Chennai, Gurgaon, Kolkata, Jamshedpur and Vadodara.
The company operates through three automation sector businesses, which include manufacturing of electronic systems and components, repair and maintenance and trading of machinery, equipment and supplies. Its Process solution business offers a portfolio of industrial automation products and solutions. The Building Solutions business provides automation and control technologies that help make buildings green and safe in the verticals, such as industrial, data center, pharma, healthcare, energy, premium commercial, transport and infrastructure.
The company 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. The company's top products include industrial automation, building automation, fire and gas safety systems, building management systems, process control systems, and security systems. Its popular brands include Experion, TDC 3000, SCADA, and Honeywell Analytics.
According to the company's AGM presentation on June 27, 2025, HAIL reported FY25 revenue of ₹41,896 million and profit after tax (PAT) of ₹5,236 million. The company experienced a 3.2% revenue growth in FY25, but EBITDA fell by 0.8%, and margins decreased from 15% to 14%. The company declared a significant final dividend of ₹105 per equity share, equating to 1,050% of the face value for FY 2024-25, with the record date set for June 16, 2025.
**Q3 FY25 Results:**
In Q3 FY25, Honeywell Automation India reported a net profit of ₹132.1 crore, up from ₹127.9 crore in the same period last year. The company's revenue from operations stood at ₹1,090.8 crore, compared to ₹1,071 crore in Q3 FY24. The earnings per share (EPS) for the quarter was ₹149.35 per share (basic and diluted).
**Q2 FY25 Performance:**
The company reported a 5.57% decline in net profit to ₹115.10 crore on 7.27% decrease in revenue from operations to ₹1,023.9 crore in Q2 FY25 over Q2 FY24. Following these disappointing Q2 FY25 results, Honeywell Automation India shares fell 8%, impacted by slowing demand.
As of July 2025, the company's market capitalization stands at ₹34,365.50 crore. The promoter holding in the company is 75.0%. The company is almost debt-free. The company has been maintaining a healthy dividend payout of 18.1%.
Over the past 6 months, the Honeywell Automation India share price has decreased by 3.39% and in the last one year, it has decreased by 27.92%. Shares are down 34% over the past year due to muted financial performance. The company's 52-week high is ₹59,000 and 52-week low is ₹31,025.
The company's share is listed on the Bombay Stock Exchange with the code 517174, and on the National Stock Exchange with the code HONAUT. It is also listed on the Cochin Stock Exchange, Calcutta Stock Exchange, Madras Stock Exchange, and MCX Stock Exchange.
In June 2025, Honeywell Automation India partnered with NTPC Green Energy to explore the production of Sustainable Aviation Fuel (SAF) using innovative eFining technology, enhancing green fuel initiatives. This partnership represents the company's commitment to sustainability and emerging technologies in the energy sector.
The company has delivered a poor sales growth of 4.95% over the past five years. The slowdown aligns with a broader manufacturing cooldown in India and rising shipping costs affecting exporters, partially due to the Red Sea crisis. Despite these challenges, the company continues to maintain its market leadership position in the automation solutions sector.
Honeywell Automation India Limited remains a prominent player in India's industrial automation landscape, backed by its global parent company's technological expertise and strong market presence. While the company faces near-term headwinds in terms of revenue growth and margin pressure, its robust dividend policy and debt-free status provide stability for long-term investors.
