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    Honeywell Automation India Limited

    Honeywell's India arm: process & building automation systems integration and contract-manufacturing exports.

    Capital Goods
    Industrials
    ₹38,955
    +10.25% from avg

    Overview

    Price

    ₹38,955

    Market Cap

    ₹33.3k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital99999999
    Reserves2.2k2.6k2.8k3.2k3.6k4.0k4.2k4.5k
    Borrowings817456366010193110
    Other Liabilities1.2k1.3k1.1k1.2k1.2k1.5k1.5k1.7k
    Total Liabilities3.5k4.0k4.0k4.5k4.9k5.6k5.7k6.2k
    AssetsFixed Assets193217181151170202179202
    CWIP142222363
    Investments00000000
    Other Assets3.3k3.7k3.8k4.3k4.7k5.4k5.6k6.0k
    Total Assets3.5k4.0k4.0k4.5k4.9k5.6k5.7k6.2k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating312330364264410439426493
    Cash from Investing-443-212-307-106-1182.0k-8-2.9k
    Cash from Financing-34-70-89-99-102-106-110-116
    SummaryCapital Expenditure
    Free Cash Flow289271317253388407399460
    FCF Margin

    Valuation

    Assumptions

    Current — HONAUT
    Price
    ₹38,955
    EPS (TTM)
    ₹593.80
    PE (TTM)
    65.6
    Profit growth
    6.3%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (69.7×) and current (65.6×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹38,955
    vs
    Fair value · 15% return
    ₹22,500
    42%Overvalued

    At 6.3% growth and a 66× exit, ₹38955 only delivers your return if you pay ₹22,500. The price is currently baking in 17% growth.

    EPS grows 6.3%/yr for 5 years, then fades to 6% over 2, exits at 66×.

    YearGrowthEPS (₹)
    FY276.3%631.21
    FY286.3%670.98
    FY296.3%713.25
    FY306.3%758.18
    FY316.3%805.95
    FY326.2% ·fade855.51
    FY336.0% ·fade906.84

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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