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Honeywell Automation India Limited (HONAUT) Fair Value & Analysis

Industrials · IN · Market cap ₹350B

HA Honeywell Automation India Limited HONAUT · NSE
Price₹39,545
Fair Value₹12,470
Upside-68.5%
Quality68/100
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Evidence: High Range ₹9,352 – ₹15,308

Fair value as of: Jul 3, 2026

From 26 valuation models · updated yesterday

Share price +13.7% over the past month.

Price vs Fair Value (12 months)

₹41,011 ₹26,345 Fair Value ₹12,470 Jul 2025 Jul 2026

12‑month range ₹26,345 – ₹41,011 · fair‑value band ₹9,352 – ₹15,308 · the ₹39,545 price screens above the ₹12,470 fair value. As of Jul 3, 2026.

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Analysis

Honeywell Automation India Limited (HONAUT) currently trades at ₹39,545, while our model-based Fair Value estimate is ₹12,470 — implying the stock looks roughly 68.5% overvalued today. We read business quality at 68/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Honeywell Automation India Limited generated revenue of ₹46.8B at a net margin of 11.2%. Revenue grew 5.9% year over year. It earns a return on equity of 12.4%. The balance sheet holds a net cash position of ₹37.0B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹46.8B
Revenue growth (YoY) +5.9%
Net margin 11.2%
Return on equity 12.4%
Free cash flow ₹6.1B FY2026
P/E ratio 66.5
More key figures
Operating margin 14.4%
EPS (TTM) ₹594.82
EPS growth (YoY) +14.1%
Net cash ₹37.0B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Honeywell Automation India Limited manufactures and sells industrial process control and automation systems in India and internationally. The company offers environmental and combustion controls, sensing and control solutions, and engineering services for the automation and control fields. It also provides building solutions, including ground lighting, video analytics software, after-sales services, and maintenance plans for various control systems. In addition, the company builds management systems, such as controllers, field devices, and software solutions for healthy buildings and heating, ventilation, and air conditioning applications across various sectors, including pharmaceuticals, healthcare, government infrastructure, IT parks, residential complexes, industrial spaces, and hospitality sectors. Further, the company offers sensing solutions, such as pressure switches, airflow sensors, humidity and temperature sensors, and oxygen and breath sensors for the transportation, …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Honeywell Automation India Limited reported revenue of ₹46.8B in FY2026 versus ₹29.5B in FY2022, a compound +12.3%/yr. Reported net income was ₹5.3B in FY2026, compounding +11.5%/yr from FY2022.

Revenue +12.3%/yr
FY22 ₹29.5B
FY23 ₹34.5B
FY24 ₹40.6B
FY25 ₹41.9B
FY26 ₹46.8B
Net income +11.5%/yr
FY22 ₹3.4B
FY23 ₹4.4B
FY24 ₹5.0B
FY25 ₹5.2B
FY26 ₹5.3B

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Frequently asked questions

Is Honeywell Automation India Limited (HONAUT) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹12,470 versus a price of ₹39,545 — about −68% (overvalued). Model-based estimate, not financial advice.
What is the fair value of HONAUT?
Our model-based fair value for Honeywell Automation India Limited is ₹12,470 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹39,545.
What is the quality score of HONAUT?
Honeywell Automation India Limited has a Quality Score of 68/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Honeywell Automation India Limited (HONAUT)?
Honeywell Automation India Limited reported trailing-twelve-month revenue of about ₹46.8B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of HONAUT?
The net profit margin of Honeywell Automation India Limited is about 11.2%, meaning it keeps roughly 11.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.