Honeywell FY26 Net Profit Rises to ₹5,250 Million

1 min read     Updated on 22 May 2026, 12:58 AM
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AI Summary

Honeywell Automation India Limited reported a net profit of ₹5,250 million for the financial year ended March 31, 2026, compared to ₹5,236 million in the previous year. Revenue from operations rose to ₹46,819 million from ₹41,896 million, while total income increased to ₹48,609 million. The Board recommended a final dividend of ₹110 per share, subject to shareholder approval.

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Honeywell Automation India Limited has reported its audited financial results for the financial year ended March 31, 2026. The company recorded a net profit of ₹5,250 million for the year, compared to ₹5,236 million in the previous year. Revenue from operations for FY26 stood at ₹46,819 million, an increase from ₹41,896 million in the prior year, reflecting steady top-line momentum. The company has submitted the newspaper publication of these audited financial results to the exchanges on May 21, 2026, under Regulation 47.

Annual Financial Performance

The company's operational profitability strengthened during the year, with Profit Before Tax rising to ₹7,088 million from ₹7,056 million. Total income for the year reached ₹48,609 million, up from ₹43,717 million in the corresponding period of the prior year. The following table summarises the key financial metrics for the financial year:

Metric FY26 (Audited) FY25 (Audited)
Net Profit ₹5,250 million ₹5,236 million
Revenue from Operations ₹46,819 million ₹41,896 million
Total Income ₹48,609 million ₹43,717 million
Profit Before Tax ₹7,088 million ₹7,056 million

Dividend Announcement

The Board of Directors has recommended a final dividend of ₹110 per equity share, i.e., at the rate of 1,100% of the face value of ₹10 each for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting.

Key Highlights

  • Net profit for FY26 stood at ₹5,250 million.
  • Revenue from operations increased to ₹46,819 million from ₹41,896 million YoY.
  • Total income rose to ₹48,609 million from ₹43,717 million YoY.
  • Final dividend recommended at ₹110 per share.
  • Exceptional items for the year amounted to ₹123 million, primarily relating to the impact of the Labour Codes.

Overall, Honeywell Automation India Limited's FY26 results reflect consistent year-on-year improvement in revenue and profitability, complemented by a final dividend recommendation for shareholders.

Historical Stock Returns for Honeywell Automation

1 Day5 Days1 Month6 Months1 Year5 Years
+1.26%+23.28%+8.54%+3.72%-6.27%-16.55%

How might Honeywell Automation India's revenue growth trajectory be impacted by increasing competition from domestic automation players and global peers entering the Indian market?

Given the relatively modest net profit growth despite strong revenue expansion, what cost pressures or margin headwinds could the company face in FY27?

How will the implementation of the new Labour Codes, which already caused ₹123 million in exceptional items, affect Honeywell Automation India's operational costs and workforce strategy going forward?

Honeywell Automation appoints Satish Agarwal as CFO

1 min read     Updated on 21 May 2026, 04:26 AM
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AI Summary

Honeywell Automation India Limited announced the appointment of Mr. Satish Agarwal as Chief Financial Officer and Key Managerial Personnel effective June 1, 2026. Concurrently, the Board accepted the resignation of Ms. Nandini Vishwas as Internal Auditor effective August 1, 2026, due to internal movement.

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Honeywell Automation India Limited has announced changes in its senior management, effective from June 2026. The Board of Directors approved the appointment of Mr. Satish Agarwal as the Chief Financial Officer (CFO) and Key Managerial Personnel under the Companies Act, 2013. This decision was based on the recommendations of the company's Nomination and Remuneration Committee as well as the Audit Committee.

Appointment of Chief Financial Officer

Mr. Satish Agarwal will assume the role of CFO effective June 1, 2026. A chartered accountant and alumnus of the University of Calcutta, Mr. Agarwal currently serves as the CFO for the Building Automation business of Honeywell India, ASEAN & East Asia Region. His professional experience includes tenures at PepsiCo and Tata Steel. In his new capacity at Honeywell Automation India Limited , he will oversee financial operations, strategy, risk management, and regulatory compliance.

Resignation of Internal Auditor

Simultaneously, the Board accepted the resignation of Ms. Nandini Vishwas from the position of Internal Auditor. Her resignation is effective August 1, 2026, and stems from an internal movement within the organization. The Board placed on record its appreciation for her contributions during her tenure.

Management Changes Summary

The following table summarizes the key management changes approved by the Board:

Sr. No. Particulars Mr. Satish Agarwal Ms. Nandini Vishwas
1. Reason for change Appointment as CFO and Key Managerial Personnel Resignation from position of Internal Auditor
2. Effective Date June 1, 2026 August 1, 2026
3. Designation Chief Financial Officer Internal Auditor

Historical Stock Returns for Honeywell Automation

1 Day5 Days1 Month6 Months1 Year5 Years
+1.26%+23.28%+8.54%+3.72%-6.27%-16.55%

How might Satish Agarwal's experience in the Building Automation and ASEAN & East Asia region influence Honeywell Automation India's financial strategy and regional expansion plans?

Who will Honeywell Automation India appoint as the new Internal Auditor following Ms. Nandini Vishwas's departure, and how might the transition period affect internal audit continuity?

Could this CFO transition signal a broader strategic realignment or restructuring within Honeywell Automation India's financial operations heading into FY2027?

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