Honeywell Automation India Limited (HONAUT) - Net Assets

Latest as of March 2026: Rs44.63 Billion INR ≈ $482.62 Million USD

Based on the latest financial reports, Honeywell Automation India Limited (HONAUT) has net assets worth Rs44.63 Billion INR (≈ $482.62 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs62.29 Billion ≈ $673.64 Million USD) and total liabilities (Rs17.66 Billion ≈ $191.02 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Honeywell Automation India Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs44.63 Billion
% of Total Assets	71.64%
Annual Growth Rate	19.49%
5-Year Change	57.32%
10-Year Change	278.11%
Growth Volatility	8.75

Honeywell Automation India Limited - Net Assets Trend (2005–2026)

This chart illustrates how Honeywell Automation India Limited's net assets have evolved over time, based on quarterly financial data. See HONAUT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Honeywell Automation India Limited (2005–2026)

The table below shows the annual net assets of Honeywell Automation India Limited from 2005 to 2026. For live valuation and market cap data, see HONAUT market cap.

Year	Net Assets	Change
2026-03-31	Rs44.63 Billion ≈ $482.62 Million	+10.51%
2025-03-31	Rs40.38 Billion ≈ $436.72 Million	+11.98%
2024-03-31	Rs36.06 Billion ≈ $390.00 Million	+13.10%
2023-03-31	Rs31.89 Billion ≈ $344.83 Million	+12.40%
2022-03-31	Rs28.37 Billion ≈ $306.79 Million	+10.00%
2021-03-31	Rs25.79 Billion ≈ $278.90 Million	+18.39%
2020-03-31	Rs21.78 Billion ≈ $235.57 Million	+24.65%
2019-03-31	Rs17.47 Billion ≈ $188.98 Million	+23.18%
2018-03-31	Rs14.19 Billion ≈ $153.42 Million	+20.20%
2017-03-31	Rs11.80 Billion ≈ $127.64 Million	+16.89%
2016-03-31	Rs10.10 Billion ≈ $109.20 Million	+12.62%
2015-03-31	Rs8.97 Billion ≈ $96.96 Million	+14.81%
2014-03-31	Rs7.81 Billion ≈ $84.46 Million	+10.75%
2013-03-31	Rs7.05 Billion ≈ $76.26 Million	+11.88%
2012-03-31	Rs6.30 Billion ≈ $68.16 Million	+18.16%
2011-03-31	Rs5.33 Billion ≈ $57.68 Million	+21.60%
2010-03-31	Rs4.39 Billion ≈ $47.44 Million	+38.72%
2009-03-31	Rs3.16 Billion ≈ $34.20 Million	+34.93%
2008-03-31	Rs2.34 Billion ≈ $25.34 Million	+30.25%
2007-03-31	Rs1.80 Billion ≈ $19.46 Million	+36.31%
2006-03-31	Rs1.32 Billion ≈ $14.28 Million	+24.50%
2005-03-31	Rs1.06 Billion ≈ $11.47 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Honeywell Automation India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs88.00 Million	0.20%
Other Components	Rs44.54 Billion	99.80%
Total Equity	Rs44.63 Billion	100.00%

Honeywell Automation India Limited Competitors by Market Cap

The table below lists competitors of Honeywell Automation India Limited ranked by their market capitalization.

Company	Market Cap
Banijay Group NV AS:BNJ	$3.56 Billion
COSAN S.A. SP.ADR 1/4 F:9CI0	$3.56 Billion
KPJ Healthcare Bhd KLSE:5878	$3.56 Billion
X Trade Brokers Dom Maklerski SA WAR:XTB	$3.56 Billion
Henan Zhongfu Industrial Co Ltd SHG:600595	$3.55 Billion
IGO LTD SP.ADR/2 F:IDZ1	$3.55 Billion
PVH Corp NYSE:PVH	$3.55 Billion
Sigurd Microelectronics Corp TW:6257	$3.54 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Honeywell Automation India Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 40,382,000,000 to 44,627,000,000, a change of 4,245,000,000 (10.5%).
Net income of 5,250,000,000 contributed positively to equity growth.
Dividend payments of 928,000,000 reduced retained earnings.
Other comprehensive income decreased equity by 1,756,000,000.
Other factors increased equity by 1,679,000,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs5.25 Billion	+11.76%
Dividends Paid	Rs928.00 Million	-2.08%
Other Comprehensive Income	Rs-1.76 Billion	-3.93%
Other Changes	Rs1.68 Billion	+3.76%
Total Change	Rs-	10.51%

Book Value vs Market Value Analysis

This analysis compares Honeywell Automation India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 7.36x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 309.96x to 7.36x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs119.92	Rs37170.00	x
2006-03-31	Rs149.30	Rs37170.00	x
2007-03-31	Rs203.51	Rs37170.00	x
2008-03-31	Rs265.06	Rs37170.00	x
2009-03-31	Rs357.63	Rs37170.00	x
2010-03-31	Rs496.12	Rs37170.00	x
2011-03-31	Rs603.27	Rs37170.00	x
2012-03-31	Rs712.83	Rs37170.00	x
2013-03-31	Rs797.54	Rs37170.00	x
2014-03-31	Rs883.31	Rs37170.00	x
2015-03-31	Rs1014.10	Rs37170.00	x
2016-03-31	Rs1141.98	Rs37170.00	x
2017-03-31	Rs1334.86	Rs37170.00	x
2018-03-31	Rs1604.48	Rs37170.00	x
2019-03-31	Rs1976.42	Rs37170.00	x
2020-03-31	Rs2463.53	Rs37170.00	x
2021-03-31	Rs2916.61	Rs37170.00	x
2022-03-31	Rs3208.29	Rs37170.00	x
2023-03-31	Rs3606.10	Rs37170.00	x
2024-03-31	Rs4078.49	Rs37170.00	x
2025-03-31	Rs4567.07	Rs37170.00	x
2026-03-31	Rs5047.73	Rs37170.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Honeywell Automation India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 11.76%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 11.21%
• Asset Turnover: 0.75x
• Equity Multiplier: 1.40x
Recent ROE (11.76%) is below the historical average (17.78%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	8.01%	3.15%	0.96x	2.65x	Rs-21.11 Million
2006	25.82%	6.91%	1.65x	2.27x	Rs208.82 Million
2007	32.24%	9.01%	1.53x	2.34x	Rs400.17 Million
2008	27.77%	7.50%	1.55x	2.39x	Rs416.52 Million
2009	25.89%	8.50%	1.52x	2.01x	Rs502.31 Million
2010	30.27%	11.31%	1.58x	1.69x	Rs889.28 Million
2011	19.69%	7.75%	1.46x	1.73x	Rs517.08 Million
2012	17.00%	6.64%	1.43x	1.79x	Rs441.18 Million
2013	12.08%	5.13%	1.40x	1.68x	Rs146.55 Million
2014	11.35%	4.44%	1.50x	1.70x	Rs105.23 Million
2015	9.88%	4.44%	1.36x	1.63x	Rs-10.41 Million
2016	13.98%	6.45%	1.23x	1.76x	Rs402.16 Million
2017	14.36%	7.03%	1.23x	1.65x	Rs514.22 Million
2018	17.60%	9.28%	1.11x	1.71x	Rs1.08 Billion
2019	20.53%	11.30%	1.10x	1.65x	Rs1.84 Billion
2020	22.56%	14.94%	0.95x	1.59x	Rs2.74 Billion
2021	17.84%	15.12%	0.77x	1.53x	Rs2.02 Billion
2022	11.95%	11.50%	0.74x	1.41x	Rs554.53 Million
2023	13.74%	12.70%	0.77x	1.40x	Rs1.19 Billion
2024	13.90%	12.36%	0.83x	1.36x	Rs1.41 Billion
2025	12.97%	12.50%	0.75x	1.39x	Rs1.20 Billion
2026	11.76%	11.21%	0.75x	1.40x	Rs787.30 Million

Industry Comparison

This section compares Honeywell Automation India Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

Industry: Electrical Equipment & Parts
Average net assets among peers: $11,295,986,261
Average return on equity (ROE) among peers: 7.68%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Honeywell Automation India Limited (HONAUT)	Rs44.63 Billion	8.01%	0.40x	$3.55 Billion
Apar Industries Limited (APARINDS)	$5.24 Billion	13.93%	4.40x	$6.87 Billion
Amara Raja Batteries Limited (ARE&M)	$45.52 Billion	11.26%	0.40x	$1.69 Billion
Bharat Bijlee Limited (BBL)	$9.72 Billion	2.68%	0.52x	$341.18 Million
CG Power and Industrial Solutions Limited (CGPOWER)	$36.27 Billion	10.30%	1.42x	$16.26 Billion
Cords Cable Industries Limited (CORDSCABLE)	$919.43 Million	5.84%	2.04x	$31.10 Million
De Nora India Limited (DENORA)	$251.86 Million	20.04%	0.48x	$47.87 Million
Dynamic Cables Limited (DYCL)	$202.49 Million	12.53%	5.58x	$192.09 Million
Elin Electronics Limited (ELIN)	$4.93 Billion	5.44%	0.49x	$57.09 Million
Eveready Industries India Limited (EVEREADY)	$3.76 Billion	12.72%	2.21x	$281.06 Million
Exicom Tele-Systems Limited (EXICOM)	$6.14 Billion	-17.93%	1.72x	$252.91 Million

About Honeywell Automation India Limited

NSE:HONAUT India Electrical Equipment & Parts

Market Cap

$3.55 Billion

Rs328.64 Billion INR

Market Cap Rank

#4520 Global

#194 in India

Share Price

Rs37170.00

Change (1 day)

+2.17%

52-Week Range

Rs26325.00 - Rs41200.00

All Time High

Rs58519.72