Honda India Power Products Limited has announced a special window for the transfer and dematerialisation of physical securities. This initiative facilitates shareholders holding physical shares to convert them into electronic form. The company communicated this development to the stock exchanges following the prescribed regulatory guidelines.

Regulatory Compliance

The announcement is in accordance with SEBI Circular No: HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026. The company notified BSE Limited and the National Stock Exchange of India Limited regarding the special window. The notification was published in 'Financial Express' and 'Jansatta' on June 09, 2026.

Company Details

The Corporate Relationship Department of Honda India Power Products Limited addressed the communication to the exchanges. Sunita Ganjoo, Company Secretary and Compliance Officer, signed the correspondence.

Honda India Power Products Limited reported a 19.6% decline in net profit to ₹6,424 lakh for the financial year ended March 31, 2026, compared to ₹7,994 lakh in the previous year. The company recorded revenue from operations of ₹86,545 lakh, an increase of 8.9% from ₹79,423 lakh in FY25. The board recommended a final dividend of ₹23 per share for the fiscal year, subject to shareholder approval at the ensuing Annual General Meeting.

The board, in its meeting held on May 26, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. Statutory auditors M/s B S R and Co. LLP issued an unmodified opinion on the annual financial results. The company reported an exceptional item loss of ₹999 lakh for the year, attributed to the statutory impact of new Labour Codes, comprising gratuity of ₹702 lakh and long-term compensated absences of ₹297 lakh.

Q4 Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹2,692 lakh, a decline from ₹3,616 lakh in the corresponding period of the previous year. Revenue from operations for the quarter stood at ₹26,453 lakh, compared to ₹26,868 lakh in the same period last year. Q4 EBITDA contracted to ₹3,325 lakh from ₹4,865 lakh year-on-year, reflecting pressure on operating profitability during the quarter.

The following table summarises the key Q4 performance metrics:

Total comprehensive income for the full year was ₹6,664 lakh, down from ₹7,931 lakh in the prior year.

Full-Year Financial Summary

The annual financial results reflect a mixed performance, with revenue growth offset by higher expenses and an exceptional item charge. The following table presents the key annual financial metrics:

Board Decisions and Corporate Updates

The board approved the appointment of Mr. Sameer Jain as Chief Corporate Officer effective July 01, 2026, and as Whole-Time Director effective September 01, 2026, subject to shareholder approval. Mr. Vinay Mittal will cease to be a Whole-Time Director upon attaining superannuation on September 30, 2026. The board also re-appointed M/s Rakesh Singh & Co., Cost Accountants, as Cost Auditors for FY27 and appointed M/s Deloitte Haskins & Sells LLP and M/s Das Patnaik & Co as Internal Auditors for the financial year 2026-27.

The company fixed August 19, 2026, as the record date for the payment of the final dividend, if approved. The Register of Members and Share Transfer Books will remain closed from August 20, 2026, to August 26, 2026, for the purpose of the AGM and dividend payment.