Shares of Honeywell Automation India surged as much as 16 per cent on Thursday after the company reported a strong set of fourth-quarter earnings, supported by improved operating margins and steady revenue growth.
The engineering and automation solutions provider reported a 14.2 per cent year-on-year increase in consolidated net profit to Rs 160 crore for the quarter ended March 2026, compared with Rs 140 crore in the corresponding period last year.
Revenue from operations rose 5.9 per cent to Rs 1,180.7 crore from Rs 1,114.5 crore a year earlier.
Operating performance also improved during the quarter, with EBITDA increasing 15.9 per cent year-on-year to Rs 184.8 crore from Rs 159.4 crore in the year-ago period.
EBITDA margin expanded to 15.7 per cent from 14.3 per cent a year earlier, reflecting better operational efficiency and improved profitability.
Alongside the earnings announcement, the company’s board recommended a final dividend of Rs 110 per equity share, equivalent to 1,100 per cent of the face value of Rs 10 per share, for the financial year ended March 31, 2026.
The dividend remains subject to shareholder approval at the forthcoming annual general meeting.
Investor sentiment remained positive following the results and dividend announcement, with the stock emerging among the session’s top gainers.
Shares of Honeywell Automation India stock traded at Rs 35,010 on the National Stock Exchange, up 16 per cent in the afternoon session. |
