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Fundamentals for Honeywell Automation India Limited
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Fundamentals for Honeywell Automation India Limited
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Business Operations:
Sector: IndustrialsIndustry: Electrical Equipment & Parts
Honeywell Automation India Limited manufactures and sells industrial process control and automation system in India and internationally. The company offers environmental and combustion controls, and sensing and control, and engineering services to automation and control fields. It also provides building solution, including ground lighting, video analytics software, after-sales services, and maintenance plans for various control systems; and building management system, such as controllers, field devices, and software solutions for healthy buildings and heating, ventilation and air conditioning applications for various sectors comprising pharmaceutical, healthcare, government infrastructure, IT parks, residential complexes, industrial spaces, and hospitality sectors. In addition, the company distributes pressure switches, airflow sensors, humidity and temperature sensors, and oxygen and breath sensors for transportation, medical and health care, and defense and aerospace industries. Further, it engages in trading of sensing, and measurement and control equipment; and provision of installation, engineering, and repair and maintenance services of industrial control and automation systems. The company was incorporated in 1984 and is based in Pune, India. Honeywell Automation India Limited is a subsidiary of Hail Mauritius Limited.
Revenue projections:
HONAUT's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 3.51800 |
|---|---|
| forwardPE | 42.71236 |
| debtToEquity | 2.47600 |
| earningsGrowth | 0.14200 |
| revenueGrowth | 0.05900 |
| grossMargins | 0.38510 |
| operatingMargins | 0.14407 |
| trailingEps | 595.21000 |
| forwardEps | 832.78000 |
Honeywell Automation India Limited's current ratio of 3.518 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects Honeywell Automation India Limited's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues.
Honeywell Automation India Limited's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that Honeywell Automation India Limited is projected to improve its financial performance compared to the previous year.
Price projections:
The price of Honeywell Automation India Limited has regularly been close to the lower end of projections, suggesting that it might be struggling to meet market expectations. This trend raises questions about the company's future performance.
Recommendation changes over time:
A recent sell bias from analysts toward HONAUT suggests caution, but investors should look beyond this sentiment. It's advisable to consider a broad range of market indicators to make well-informed decisions, ensuring a deeper understanding of the stock's potential and market behavior.
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