HONDAPOWERNSEHonda India Power Products Limited· Electrical EquipmentHighNeutral
Announced Fri, 13 Feb · 11:25 IST

Honda India Power Products Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.

Revenue Growth 20pctExceptional ItemResults View source PDF

HONDAPOWER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Honda India Power Products reported Q3 FY26 revenue of ₹27,040 lakhs, up about 32% year-on-year from ₹20,418 lakhs, driven largely by a sharp jump in export sales to ₹8,539 lakhs (vs ₹3,274 lakhs last year). However, profit after tax for the quarter fell to ₹1,667 lakhs from ₹1,909 lakhs because the company booked a one-time exceptional charge of ₹1,184 lakhs related to the new Labour Codes (gratuity and leave encashment impact). For the nine months ended December 2025, revenue grew to ₹60,092 lakhs but PAT dipped to ₹3,732 lakhs from ₹4,378 lakhs. The Board declared an interim dividend of ₹3.50 per share (35%) with record date February 19, 2026 and payment on March 12, 2026. Mr. Shigeki Iwama was reappointed as CMD, President & CEO for one year effective April 1, 2026. Auditor BSR & Co. LLP issued an unmodified (clean) limited review report.

Likely market impact

Strong top-line growth, especially in exports, is a positive signal, but near-term profitability is weighed down by a non-recurring Labour Code adjustment. The interim dividend rewards shareholders, while CMD continuity provides management stability. Mixed read for the stock — fundamentally healthy but watch margin trends once the exceptional item normalises.