News

Honeywell Automation India zooms on reporting 54% rise in Q4 net profit Honeywell Automation India is currently trading at Rs. 40902.00, up by 3397.50 points or 9.06% from its previous closing of Rs. 37504.50 on the BSE. The scrip opened at Rs. 39852.05 and has touched a high and low of Rs. 41250.00 and Rs. 39500.10 respectively. So far 1801 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 44322.70 on 16-Aug-2022 and a 52 week low of Rs. 30162.00 on 26-May-2022. Last one week high a...
Honeywell Automation India zooms on reporting 54% rise in Q4 net profit
Honeywell Automation India zooms on reporting 54% rise in Q4 net profit
Source: Accord Fintech
18/05/2023 12:19:37 PM
Reduce Honeywell Automation India Ltd For Target Rs.36,489 - ICICI Securities Weak execution impacts earnings Honeywell Automation India’s (HAIL) revenues declined 1.6% YoY to Rs8.6bn in Q3FY22, but was up 17% QoQ. EBITDA fell 35% YoY to Rs1.2bn due to higher input costs while PAT shrunk 40% YoY to Rs897mn due to a 50% YoY decline in other income. Company reported an EBITDA margin of 14.2% (down 730bps YoY, 40bps QoQ). Although near-term execution headwinds remain, we expect pick-up in automation across multiple industries in line with the Infrastructure thrus...
Reduce Honeywell Automation India Ltd For Target Rs.36,489 - ICICI Securities
Reduce Honeywell Automation India Ltd For Target Rs.36,489 - ICICI Securities
Source: ICICI Securities Ltd
2/03/2023 11:01:14 AM
Reduce Honeywell Automation India Ltd For Target Rs.34380 - ICICI Securities In-line performance; supply-chain concerns persist Honeywell Automation India’s (HAIL) performance in Q2FY23 was in line with our estimates. Revenue increased 7.7% YoY and was flat QoQ at Rs7.9bn (ISECe Rs8.1bn). EBITDA increased 19% YoY to Rs1.3bn. EBITDA margin at 16.1%, which was ahead of our estimates, improved by 152bps YoY. This was led by 214bps improvement in gross margin. PAT was higher due to doubling of other income. Operating cashflow generation decreased 13% YoY to Rs1.4...
Reduce Honeywell Automation India Ltd For Target Rs.34380 - ICICI Securities
Reduce Honeywell Automation India Ltd For Target Rs.34380 - ICICI Securities
Source: ICICI Securities Ltd
19/11/2022 9:50:37 AM
Sell Honeywell Automation India Ltd For Target Rs.31,212 - ICICI Securities Execution improves; supply-chain concerns persist Honeywell Automation India’s (HAIL) performance in Q1FY23 was ahead of our estimates. Revenue increased both on YoY and QoQ basis by ~15% and 18% to Rs7.9bn, respectively. We believe execution would have improved with increased backlog and gradually opening up of international travel. EBITDA increased 4.5% YoY to Rs1.2bn. EBITDA margin of 15.5%, ahead of our estimates, contracted 160bps YoY but expanded 240bps QoQ. Average cashflow ge...
Sell Honeywell Automation India Ltd For Target Rs.31,212 - ICICI Securities
Sell Honeywell Automation India Ltd For Target Rs.31,212 - ICICI Securities
Source: ICICI Securities Ltd
17/08/2022 11:56:22 AM
Honeywell Automation Q1 net profit up 11.41% at Rs 101.97 cr The company reported standalone net profit of Rs 101.97 crore for the quarter ended June 30, 2022 as compared to Rs 91.53 crore in the same period last year, registering a year-on-year growth of 11.41 per cent. Net revenue of the company rose moderately by 15.07 per cent at Rs 786.17 crore in April-June quarter of this fiscal as against Rs 683.20 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 17.25 per cent to Rs 664.29 crore from Rs...
Honeywell Automation Q1 net profit up 11.41% at Rs 101.97 cr
Honeywell Automation Q1 net profit up 11.41% at Rs 101.97 cr
Source: Dion Global Solutions Ltd
13/08/2022 3:49:29 PM
Reduce Honeywell Automation India Ltd For Target Rs.36,489 - ICICI Securities Weak execution impacts earnings Honeywell Automation India’s (HAIL) revenues declined 1.6% YoY to Rs8.6bn in Q3FY22, but was up 17% QoQ. EBITDA fell 35% YoY to Rs1.2bn due to higher input costs while PAT shrunk 40% YoY to Rs897mn due to a 50% YoY decline in other income. Company reported an EBITDA margin of 14.2% (down 730bps YoY, 40bps QoQ). Although near-term execution headwinds remain, we expect pick-up in automation across multiple industries in line with the Infrastructure thrus...
Reduce Honeywell Automation India Ltd For Target Rs.36,489 - ICICI Securities
Reduce Honeywell Automation India Ltd For Target Rs.36,489 - ICICI Securities
Source: ICICI Securities Ltd
16/02/2022 11:09:58 AM
Buy Honeywell Automation India Ltd For Target Rs.50,150 - Edelweiss Financial Services Slower catch-up; better clarity awaited Honeywell (HAIL) has missed estimates line-by-line for a couple of quarters in a row in contrast with its MNC peers. While part of the miss could be linked to higher services revenue versus short-cycle products, which fared far better, there exists some gap that calls for clarity. In our view, the miss by HAIL in recent quarter implies a much slower/back-ended catch-up in revenue, especially profitable exports (services/products etc). Our hypothes...
Buy Honeywell Automation India Ltd For Target Rs.50,150 - Edelweiss Financial Services
Buy Honeywell Automation India Ltd For Target Rs.50,150 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
22/11/2021 10:59:36 AM
Honeywell Automation India surges on winning bid for Bengaluru Safe City project Honeywell Automation India is currently trading at Rs. 43044.95, up by 251.90 points or 0.59% from its previous closing of Rs. 42793.05 on the BSE. The scrip opened at Rs. 43000.00 and has touched a high and low of Rs. 44120.00 and Rs. 42604.95 respectively. So far 112 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 49805.00 on 15-Mar-2021 and a 52 week low of Rs. 27854.00 on 03-Nov-2020. Last one week high and...
Honeywell Automation India surges on winning bid for Bengaluru Safe City project
Honeywell Automation India surges on winning bid for Bengaluru Safe City project
Source: Accord Fintech
20/10/2021 11:29:25 AM
Reduce Honeywell Automation India Ltd For Target Rs.37,310 - ICICI Securities Weak execution impacts earnings Honeywell Automation India (HAIL) witnessed 7.2% YoY revenue decline and slight QoQ growth of 1.6% on low base to Rs6.8bn in Q1FY22, lower than our estimate of Rs8.5bn. Company reported an EBITDA margin of 17.1% (down 30bps YoY and 210bps QoQ) despite 130bps YoY decrease in raw material cost proportion to 47.7%. Other expenses declined 9% YoY and staff expenses increased 2.4% YoY, impacting the margins. Factoring-in the revenue slip, we cut our FY21E and ...
Reduce Honeywell Automation India Ltd For Target Rs.37,310 - ICICI Securities
Reduce Honeywell Automation India Ltd For Target Rs.37,310 - ICICI Securities
Source: Motilal Oswal Financial Services Ltd
28/09/2021 9:42:58 AM
Buy Honeywell Automation India Ltd For Target Rs.48,258 - Yes Securities Broadly in‐line with estimates; Retain BUY Key highlights from Q3FY21 results * Revenues came in at Rs8.7bn, up 15% qoq & down 3% yoy (in‐line with estimates). * Gross margin was at ~47.3%, contraction of ~183bps yoy led by unfavorable sales mix. * However, EBITDA margin expanded by 53bps yoy as Honeywell Automation (HWA) continues to focus on rationalization of discretionary spends, productivity drives etc. * Employee cost & other expenses declined by 74bps/162bps yo...
Buy Honeywell Automation India Ltd For Target Rs.48,258 - Yes Securities
Buy Honeywell Automation India Ltd For Target Rs.48,258 - Yes Securities
Source: Yes Securities Ltd
5/02/2021 10:33:01 AM
Honeywell Automation Q3 net profit up 3.56% at Rs 149.89 cr The company reported standalone net profit of Rs 149.89 crore for the quarter ended December 31, 2020 as compared to Rs 144.74 crore in the same period last year, registering a year-on-year growth of 3.56 per cent. Net revenue of the company declined marginally by 3.00 per cent at Rs 874.16 crore in October-December quarter of this fiscal as against Rs 901.20 crore in the corresponding period last year. During October-December quarter, operating e...
Honeywell Automation Q3 net profit up 3.56% at Rs 149.89 cr
Honeywell Automation Q3 net profit up 3.56% at Rs 149.89 cr
Source: Dion Global Solutions Ltd
5/02/2021 10:30:06 AM
Healthy margin and cashflow - ICICI Securities Hold Honeywell Automation India Ltd For Target Rs.31,400 Healthy margin and cashflow Honeywell Automation India (HAIL) has witnessed 8% YoY drop in revenue to Rs7.6bn, implying slow pickup in execution. The company has reported EBITDA margin of 19% (up 80bps YoY) as material costs decreased 150bps YoY to 49.6% and 11% YoY drop in other expenses due to cost reduction measures supporting margin. We believe margin expansion is aided partly by rupee depreciation and partly be reduction in ...
Healthy margin and cashflow - ICICI Securities
Healthy margin and cashflow - ICICI Securities
Source: ICICI Securities Ltd
21/01/2021 10:18:48 AM