Honeywell Automation India Limited filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 on July 7, 2026. The report outlines the company's initiatives across environmental, social, and governance (ESG) parameters and forms part of the Annual Report for the financial year. The company stated that it does not believe climate-related risks are reasonably likely to have a material effect on its business or financial position in the near future.

The report discloses that Honeywell Automation India Limited is committed to achieving carbon neutrality across its facilities and operations by 2035. This commitment aligns with the global initiatives of its ultimate holding company, Honeywell International Inc. The company’s material issues include carbon neutrality, health and safety, data privacy, and supply chain management, with mitigation strategies in place for identified risks.

Financial and Operational Disclosures

The company reported a turnover of ₹46,819 million and a net worth of ₹44,627 million for FY 2025-26. Exports contributed 33.13% to the total turnover. The paid-up capital of the company stood at ₹88,415,230. The reporting boundary is on a standalone basis for Honeywell Automation India Limited.

Business Activities

The company’s primary business activities, accounting for 90% of its turnover, are distributed across manufacturing, trading, and services.

Employee and Governance Metrics

As of March 31, 2026, the company had a total workforce of 7,385 employees and 193 workers. The gender diversity among employees was 87.60% male and 12.40% female. The Board of Directors comprised six members, with one female director representing 16.67% of the board.

The report details that the Managing Director, Atul Vinayak Pai, is responsible for decisions on all sustainability-related issues. The governance and social activities are reviewed by the Audit Committee, Risk Management Committee, and Corporate Social Responsibility Committee.

Environmental Performance

Honeywell Automation India Limited reported its energy consumption and greenhouse gas emissions for the fiscal year. The total energy consumed was 31,675.24 Gigajoules (GJ), with 12,677.73 GJ sourced from renewable energy. The total Scope 1 and Scope 2 emissions were 3,574 metric tonnes of CO2 equivalent.

Key Environmental Indicators

The company has implemented a Zero Liquid Discharge mechanism at its manufacturing unit. It also manages waste through Extended Producer Responsibility (EPR) programs for e-waste, battery, and plastic waste, with quarterly and annual returns filed with the Central Pollution Control Board.

Assurance and Compliance

MMJC Consultancy LLP, Mumbai, conducted a reasonable assessment of the BRSR Core indicators. The independent assessment report confirms that the identified sustainability information for the year ended March 31, 2026, is prepared in all material respects in accordance with the reporting criteria. The company confirmed compliance with all applicable environmental laws and regulations in India.

Honeywell Automation India Ltd reported an 11.8% increase in revenue from operations to ₹46,819 million for the financial year ended March 31, 2026. The company’s profit after tax stood at ₹5,250 million, delivering a return of 11.2% on sales. Cash flow from operations was ₹4,926 million, representing 93.8% of net profit.

The Board has recommended a final dividend of ₹110 per equity share for FY 2025-26, subject to shareholder approval. This marks an increase from the ₹105 per share dividend paid in the previous year. The record date for determining shareholder eligibility for the dividend is Friday, July 17, 2026, with payment scheduled to begin on Wednesday, August 5, 2026.

Related Party Transactions

Shareholders will vote on resolutions to approve material related party transactions (MRPTs) for the financial year 2026-27. The company seeks approval for transactions with its ultimate holding company, Honeywell International Inc., up to an aggregate value of ₹9,500 million. Additionally, approval is sought for transactions with Honeywell Measurex (Ireland) Limited, a fellow subsidiary, up to ₹7,700 million. These transactions include the purchase and sale of goods and services, as well as fixed assets related to engineering services and contract manufacturing.

Cost Auditor Ratification

The Annual General Meeting (AGM) will consider the ratification of remuneration for the Cost Auditors. M/s C S Adawadkar & Co., Cost Accountants, have been appointed to conduct the cost audit for the financial year ending March 31, 2027. The remuneration to be ratified is ₹7,00,000 plus applicable taxes and reimbursement of out-of-pocket expenses.

Key AGM Dates