Honda India Power Products Limited has reached a significant manufacturing milestone by achieving cumulative production of 6 million units. The company announced this achievement through a regulatory disclosure filed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Production Milestone Achievement

The milestone represents a substantial manufacturing achievement for the power products company. The announcement was made on February 27, 2026, through an official communication to both BSE Limited and National Stock Exchange of India Limited.

Company Operations

Honda India Power Products Limited operates from its head office and manufacturing facility located at Plot No. 5, Sector-41, Kasna, Greater Noida Industrial Development Area, Uttar Pradesh. The company is celebrating its 40th anniversary, marking four decades of operations in India from 1985 to 2025.

Regulatory Compliance

The disclosure was made in compliance with SEBI listing regulations, demonstrating the company's commitment to transparency and regulatory adherence. Company Secretary and Compliance Officer Sunita Ganjoo signed the official communication, ensuring proper corporate governance protocols were followed.

Market Presence

The achievement of 6 million units in cumulative production underscores Honda India Power Products Limited's established position in the Indian power products market. This milestone reflects the company's manufacturing capabilities and sustained market demand for its products over its operational tenure.

Honda India Power Products Limited has delivered a strong financial performance in Q3FY26, demonstrating significant growth across key revenue metrics while navigating regulatory changes in the labour landscape. The company announced its quarterly results for the quarter ended December 31, 2025 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

The company's financial results for Q3FY26 showcase robust operational performance with notable improvements in revenue generation:

For the nine-month period ended December 31, 2025, the company maintained steady growth momentum:

Exceptional Items Impact

The company recorded exceptional items of Rs. 1,184 lakhs during Q3FY26, primarily attributed to the implementation of new Labour Codes notified by the Government of India on November 21, 2025. This one-time impact includes:

The company has classified this as a regulatory-driven, non-recurring impact under exceptional items, reflecting the consolidation of 29 existing labour laws into four new Labour Codes.

Board Decisions and Corporate Actions

The Board of Directors approved several key corporate decisions during their meeting held on February 13, 2026:

Segment Performance and Geographic Distribution

The company operates in the power products segment and demonstrated strong performance across both domestic and international markets during Q3FY26:

The international business showed exceptional growth, contributing significantly to the overall revenue increase. For the nine-month period, international revenue reached Rs. 11,941 lakhs compared to Rs. 6,244 lakhs in the previous year, representing a growth of 91.24%.

Leadership and Governance

Mr. Shigeki Iwama's reappointment as CMD, President and CEO reflects the board's confidence in his leadership. His expertise spans sales and marketing, export business, business planning, and product planning across power products, automobile, and motorcycle operations. The company confirmed that he is not debarred from holding directorial positions by any regulatory authority.

The financial results received an unmodified review report from statutory auditors B S R & Co. LLP, confirming compliance with Indian Accounting Standards and regulatory requirements. The Board meeting commenced at 10:30 A.M. and concluded at 11:19 A.M., with all decisions taken pursuant to applicable provisions of SEBI (LODR) Regulations, 2015.