Intimation of the presentation made by the Managing Director at the 41st Annual General Meeting of Honeywell Automation India Limited ( the Company ) held on Friday, June 27, 2025
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Honeywell Automation India (HONAUT) held its 41st AGM on June 27, 2025, via video conference, where MD Mr. Atul Vinayak Pai presented business updates. For FY25, revenue grew 12% YoY to ₹40,382 million, while profit after tax dipped 2% to ₹3,986 million; free cash flow rose 4% to ₹5,236 million. The Board recommended a final dividend of ₹105 per share (up from ₹100), maintaining an 18% payout ratio. Domestic business now contributes 58% of revenue and is growing faster than exports. Notable order wins included building automation for a lithium-ion gigafactory, green hydrogen electrolyser, airfield lighting for airports, and cybersecurity solutions for power plants. Management also highlighted that Honeywell Inc.'s planned split into three companies will not impact HAIL's portfolio.
Modest top-line growth with a slight PAT dip signals mixed operating performance; the dividend hike and steady cash flow generation remain positives for shareholders, while commentary on parent's portfolio restructuring reassures that HAIL's business scope stays unaffected.