Honeywell Automation India Ltd. - One of the top Growth Stocks of India

Honeywell Automation India Ltd

Set up in 1987 as a joint venture between the Tata Group and Honeywell with manufacturing, design and engineering facilities in the industrial city of Pune (160 km southeast of Mumbai), Honeywell Automation is today the market leader in most of the business areas it operates in. In 2004 the joint venture ended, with Honeywell buying out the entire Tata stake.

Honeywell Automation India (HAIL) is a leading provider of integrated automation and software solutions that improve productivity, enhance comfort and ensure safety and security of homes and business premises. With over 2500 employees and an annual turnover of about Rs. 868 crore, HAIL is headquartered in Pune with 8 offices all over India. HAIL is a listed company on the Indian stock exchanges and is part of Honeywell Inc. the technology leader with 120000 employees across 100 countries worldwide.

Honeywell International is a $36 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London and Chicago Stock Exchanges.

Innovation and adaptability are the hallmarks of HAIL and they aim at creating value for customers in an ever-changing market. The company drives the nation's growth by being responsible to its leadership position in running the 'core' business sectors of the Indian economy, be it infrastructure, petrochemicals, refining, chemicals, mining & metals or automobiles and hospitality.

Honeywell's brands can be seen on the thermostats in buildings, in electronic voting machines, process control systems in refineries and factories or as sensors in automobiles.

HAIL has an impressive 36000 sq ft. state-of-the-art manufacturing facility in Pune, and strict adherence to quality and being receptive to customer needs has helped the Company provide innovative solutions, high-end consulting and engineering designs to organizations, both in India and globally, leading to enormous savings to the customers through better productivity, optimal use of materials and energy, lesser wastage and better maintenance of equipment.

Products and Services offered by the company:
Refining, oil and gas, pulp, paper & printing, power generation, power transmission & distribution, chemicals & life sciences, petrochemicals, and metals, minerals and mining.
Fire detection systems, security systems - access control systems, CCTV systems & perimeter control systems.a complete range of high quality and optimal cost engineering,
Software development & programming and hardware designhome and building control products & solutions.
Electromechanical switches, electronic sensors, machine safety, controls, monitoring & lighting: Sensors for test & measurement applications.

Different divisions of the company:
Honeywell Process Solutions: Industry leader in the areas of process knowledge systems, safety systems, simulation technology, wireless field devices, integrated facility and process security systems.
Honeywell Building Solutions: Honeywell Building Solutions (HBS) is the largest and most technically skilled building solutions player in the Indian sub-continent.
Global Engineering Services: Provides a complete range of high quality and optimal cost engineering, software development & programming and hardware design with total focus on quality.
Environmental and Combustion Control : In more than 100 million homes and 5 million buildings worldwide, Honeywell's products, components and systems deliver temperature control, comfort, energy conservation and safety.
Sensing and Control: Provides electromechanical and machine safety switches, electronic and test and measurement sensors and vehicle controls, monitoring and lighting products for transportation, aerospace, military, industrial and medical applications.

Honeywell Security Group Protects millions of homes, businesses and government facilities around the world.

Awards & Achievements:
It is the first automation and control solutions company in India to receive double certifications of ISO 9001 and OHSAS 18001 certifications.
Honeywell Automation India received the Frost & Sullivan Brand Leadership and the Product Leadership Awards in the Indian DCS Industry 2007
Honeywell Safety Manager is first safety system in process industries to Receive NFPA 72 Certification from US certifying body
ISCEA awarded the 2007 Ptak Prize to Honeywell, in recognition of significant Supply Chain improvements through Vision, Business Rules, and Technology.


  • Market Cap: 19,484 Cr.
  • Current Price: 22,040
  • 52 weeks High / Low 24178.00 / 14712.00
  • Book Value: 1,779
  • Stock P/E: 62.90
  • Dividend Yield: 0.15 %
  • ROCE: 29.96 %
  • ROE: 19.43 %
  • Sales Growth (3Yrs): 3.82 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 10.00

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