Honeywell Automation India Limited (NSE:HONAUT) has announced its unaudited standalone financial results for the quarter ended 30 June 2026 following a board meeting held on 29 July 2026. The company reported a net profit of Rs 1,507 million for the quarter, with revenue from operations at Rs 12,044 million, supported by other income of Rs 464 million for a total income of Rs 12,508 million.
Key Highlights
- Net profit for Q1 FY27 stood at Rs 1,507 million, compared to Rs 1,597 million in Q4 FY26 and Rs 1,246 million in Q1 FY26.
- Revenue from operations grew to Rs 12,044 million in Q1 FY27 from Rs 11,831 million in the corresponding quarter of the prior year.
- Basic and diluted earnings per share for the quarter were Rs 170.45, compared to Rs 180.60 in Q4 FY26 and Rs 140.95 in Q1 FY26.
- Profit before tax for Q1 FY27 was Rs 2,031 million, representing 16.2% of total income.
- Total expenses for the quarter were Rs 10,477 million, with employee benefits expense at Rs 2,328 million and cost of materials consumed at Rs 5,849 million.
- The results have been subject to limited review by independent auditors Walker Chandiok & Co LLP and approved by the board on 29 July 2026.
About the Company
Honeywell Automation India Limited (NSE:HONAUT) is a manufacturer and solutions provider in automation and control systems. The company operates as a single operating segment focused on automation and control systems, serving customers across industrial, commercial, and residential sectors. Headquartered in Pune, Maharashtra, with its registered office at 56 and 57, Hadapsar Industrial Estate, the company holds CIN L29299PN1984PLC017951 and does not have any subsidiary or associate companies. The company's operations are structured as a standalone entity with a focus on delivering integrated automation solutions across multiple end-user industries in India.
Announcement in Detail
The board of directors of Honeywell Automation India Limited convened on 29 July 2026 to approve the unaudited standalone financial results for the first quarter of the financial year ending 31 March 2027. The board meeting commenced at 12:10 p.m. and concluded at 2:00 p.m. The unaudited financial results were accompanied by a limited review report prepared by the company's statutory auditors, Walker Chandiok & Co LLP, in accordance with Standards on Review Engagements (SRE) 2410 and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
For the quarter ended 30 June 2026, Honeywell Automation reported total income of Rs 12,508 million, comprising revenue from operations of Rs 12,044 million and other income of Rs 464 million. The company incurred total expenses of Rs 10,477 million during the quarter, resulting in profit before tax of Rs 2,031 million. After accounting for tax expenses of Rs 524 million (comprising current tax of Rs 477 million and deferred tax expense of Rs 47 million), the company reported profit for the period of Rs 1,507 million. Other comprehensive income for the quarter stood at Rs 9 million, bringing total comprehensive income for the period to Rs 1,516 million.
The financial statements reflect the company's single operating segment for automation and control systems, as required under Indian Accounting Standard 108. Cost of materials consumed amounted to Rs 5,849 million, with purchases of stock in trade at Rs 1,314 million. Employee benefits expense increased to Rs 2,328 million in Q1 FY27 from Rs 2,169 million in the corresponding prior-year quarter. The company maintained a paid-up equity share capital of Rs 88 million with a face value of Rs 10 per share.
Impact on Investors
Investors will observe that Honeywell Automation's Q1 FY27 performance shows sequential quarterly decline in net profit, falling from Rs 1,597 million in Q4 FY26 to Rs 1,507 million in the current quarter. However, year-over-year profit comparison demonstrates growth, with net profit rising from Rs 1,246 million in Q1 FY26 to Rs 1,507 million in Q1 FY27, representing an increase of approximately 21% year-over-year. Earnings per share of Rs 170.45 reflects this quarterly softening compared to the prior quarter but remains higher than the corresponding prior-year quarter figure of Rs 140.95, signaling underlying operational gains on an annual basis despite seasonal or quarterly business pattern variations.
The filing shows that revenue from operations grew from Rs 11,831 million in Q1 FY26 to Rs 12,044 million in Q1 FY27, a year-over-year expansion of approximately 1.8%. Profit before tax margins remained stable at 16.2% of total income in Q1 FY27, compared to 13.7% in Q1 FY26, suggesting improved profitability conversion. Cost of materials consumed decreased from Rs 6,663 million in Q1 FY26 to Rs 5,849 million in Q1 FY27, reflecting either better procurement efficiency or a shift in product mix towards higher-margin offerings. Shareholders will note that these unaudited results are subject to limited review and not full audit, as is standard for quarterly reporting under SEBI regulations.
Sector / Market Context
The automation and control systems sector in India forms a critical infrastructure component for industrial manufacturing, energy management, and building systems across commercial and residential applications. The sector typically serves capital goods manufacturers, process industries, utilities, and end-users requiring process optimization and energy efficiency solutions. India's industrial production and manufacturing activity, tracked through indices like the Index of Industrial Production (IIP), influences demand for automation equipment and integrated control system solutions across factories, plants, and commercial installations. The company's positioning in this segment reflects broader demand trends in India's industrial automation adoption, driven by energy efficiency mandates, building automation standards, and the industrial electrification agenda.