Honeywell Automation India Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2026, recommended Final Dividend of Rs. 110 per equity share.
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Honeywell Automation India Limited reported audited financial results for FY2026 with revenue from operations of Rs. 46,819 million, up 11.8% from Rs. 41,896 million in FY2025. Net profit for the year stood at Rs. 5,250 million, marginally higher than Rs. 5,236 million in the previous year. The Board recommended a final dividend of Rs. 110 per equity share (1,100% on face value of Rs. 10), representing a 4.8% increase from Rs. 105 per share paid in FY2025. The dividend is subject to shareholder approval at the ensuing Annual General Meeting. The company reported an exceptional item of Rs. 123 million (net) due to changes in Labour Codes affecting gratuity and compensated absences liabilities.
The dividend increase from Rs. 105 to Rs. 110 signals continued cash generation ability and shareholder-friendly approach. The stock may see mildly positive reaction given the dividend hike, though the profit growth remained flat year-on-year.