Honeywell Automation India Limited (HONAUT) - Net Assets
Based on the latest financial reports, Honeywell Automation India Limited (HONAUT) has net assets worth Rs41.90 Billion INR (≈ $453.08 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs57.41 Billion ≈ $620.92 Million USD) and total liabilities (Rs15.52 Billion ≈ $167.84 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 asset resilience ratio of Honeywell Automation India Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs41.90 Billion |
| % of Total Assets | 72.97% |
| Annual Growth Rate | 19.96% |
| 5-Year Change | 56.59% |
| 10-Year Change | 299.92% |
| Growth Volatility | 8.71 |
Honeywell Automation India Limited - Net Assets Trend (2005–2025)
This chart illustrates how Honeywell Automation India Limited's net assets have evolved over time, based on quarterly financial data. Also explore HONAUT current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Honeywell Automation India Limited (2005–2025)
The table below shows the annual net assets of Honeywell Automation India Limited from 2005 to 2025. For live valuation and market cap data, see HONAUT market cap.
| Year | Net Assets | Change |
|---|---|---|
| 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 grown by 3849.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs38.38 Billion | 95.04% |
| Common Stock | Rs88.00 Million | 0.22% |
| Other Comprehensive Income | Rs1.76 Billion | 4.35% |
| Other Components | Rs158.00 Million | 0.39% |
| Total Equity | Rs40.38 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 |
|---|---|
|
Shanxi Securities Co Ltd
SHE:002500
|
$2.97 Billion |
|
China Wafer Level Csp Co Ltd
SHG:603005
|
$2.97 Billion |
|
Sichuan Qiaoyuan Gas Co.Ltd
SHE:301286
|
$2.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
$2.97 Billion |
|
Applied Opt
NASDAQ:AAOI
|
$2.97 Billion |
|
Hand Enterprise Solutions Co
SHE:300170
|
$2.96 Billion |
|
Zhuzhou Hongda Electronics Corp Ltd Class A
SHE:300726
|
$2.96 Billion |
|
Hercules Capital Inc
NYSE:HTGC
|
$2.96 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 2024 to 2025, total equity changed from 36,062,000,000 to 40,382,000,000, a change of 4,320,000,000 (12.0%).
- Net income of 5,236,000,000 contributed positively to equity growth.
- Dividend payments of 884,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 32,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs5.24 Billion | +12.97% |
| Dividends Paid | Rs884.00 Million | -2.19% |
| Other Comprehensive Income | Rs-32.00 Million | -0.08% |
| Total Change | Rs- | 11.98% |
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: 6.79x
- 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 258.76x to 6.79x 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 | Rs31030.00 | x |
| 2006-03-31 | Rs149.30 | Rs31030.00 | x |
| 2007-03-31 | Rs203.51 | Rs31030.00 | x |
| 2008-03-31 | Rs265.06 | Rs31030.00 | x |
| 2009-03-31 | Rs357.63 | Rs31030.00 | x |
| 2010-03-31 | Rs496.12 | Rs31030.00 | x |
| 2011-03-31 | Rs603.27 | Rs31030.00 | x |
| 2012-03-31 | Rs712.83 | Rs31030.00 | x |
| 2013-03-31 | Rs797.54 | Rs31030.00 | x |
| 2014-03-31 | Rs883.31 | Rs31030.00 | x |
| 2015-03-31 | Rs1014.10 | Rs31030.00 | x |
| 2016-03-31 | Rs1141.98 | Rs31030.00 | x |
| 2017-03-31 | Rs1334.86 | Rs31030.00 | x |
| 2018-03-31 | Rs1604.48 | Rs31030.00 | x |
| 2019-03-31 | Rs1976.42 | Rs31030.00 | x |
| 2020-03-31 | Rs2463.53 | Rs31030.00 | x |
| 2021-03-31 | Rs2916.61 | Rs31030.00 | x |
| 2022-03-31 | Rs3208.29 | Rs31030.00 | x |
| 2023-03-31 | Rs3606.10 | Rs31030.00 | x |
| 2024-03-31 | Rs4078.49 | Rs31030.00 | x |
| 2025-03-31 | Rs4567.07 | Rs31030.00 | 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): 12.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.50%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.39x
- Recent ROE (12.97%) is below the historical average (18.07%), 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 |
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: $7,679,177,378
- Average return on equity (ROE) among peers: 8.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Honeywell Automation India Limited (HONAUT) | Rs41.90 Billion | 8.01% | 0.37x | $2.97 Billion |
| Apar Industries Limited (APARINDS) | $2.88 Billion | -1.23% | 5.59x | $5.36 Billion |
| Amara Raja Batteries Limited (ARE&M) | $13.63 Billion | 26.96% | 0.46x | $1.73 Billion |
| Bharat Bijlee Limited (BBL) | $6.91 Billion | 8.82% | 0.61x | $378.55 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $41.11 Billion | -11.94% | 1.48x | $13.85 Billion |
| Cords Cable Industries Limited (CORDSCABLE) | $1.46 Billion | 2.99% | 1.02x | $25.10 Million |
| De Nora India Limited (DENORA) | $392.64 Million | 10.83% | 0.24x | $49.12 Million |
| Dynamic Cables Limited (DYCL) | $270.46 Million | 25.13% | 4.97x | $194.13 Million |
| Elin Electronics Limited (ELIN) | $1.99 Billion | 14.61% | 1.00x | $65.09 Million |
| Eveready Industries India Limited (EVEREADY) | $5.93 Billion | 2.29% | 0.87x | $263.38 Million |
| Exicom Tele-Systems Limited (EXICOM) | $2.22 Billion | 2.32% | 1.72x | $173.57 Million |
About Honeywell Automation India Limited
Honeywell Automation India Limited manufactures and sells industrial process control and automation systems in India and internationally. The company offers environmental and combustion controls, sensing and control solutions, and engineering services for the automation and control fields. It also provides building solutions, including ground lighting, video analytics software, after-sales servic… Read more