Honeywell Automation India Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for Fy 2024-25'.
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Honeywell Automation India Limited has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with the stock exchanges, as required under SEBI's Listing Regulations. The report covers the period from April 1, 2024 to March 31, 2025, and forms part of the company's Annual Report. Key disclosures include: standalone turnover of ₹41,896 million and net worth of ₹40,382 million; 3,089 permanent employees (16.87% female) and 56 permanent workers; exports contributing 41.88% of total turnover; 60% of R&D investment directed toward ESG-oriented outcomes. The company is 75% owned by HAIL Mauritius Limited (ultimately Honeywell International Inc.) and operates across 36 Indian states/UTs and 56 international markets. Reasonable assurance on BRSR core indicators was provided by MMJC Consultancy LLP. One employee fatality and three total recordable work-related injuries were reported during the year, with 100% of plants and offices assessed under ISO 14001 and ISO 45001.
This is a routine regulatory compliance filing (BRSR) and is largely informational for shareholders. However, investors may note the increase in related-party transactions (related-party sales rose to 41.3% from 38.0%, and related-party purchases to 45.5% from 37.9%) and the reported employee fatality, which warrant monitoring. The strong ESG commitment, with 60% of R&D spend directed toward sustainability outcomes, reinforces the company's alignment with parent Honeywell's global sustainability strategy.