Honda India

Why is Honda India Power Products Ltd falling/rising?

As of 20-Jun, Honda India Power Products Ltd's stock price is falling, currently at Rs 2,175.75, reflecting a decline due to poor sales growth, reduced investor participation, and significant underperformance compared to benchmarks. Despite being net-debt free and offering a high dividend yield, these factors are overshadowed by a 36.69% drop in profit before tax and a year-over-year return of -20.88%.

As of 20-Jun, Honda India Power Products Ltd's stock price is falling, currently at Rs 2,175.75, which reflects a decrease of Rs 44.2 or 1.99%. The stock has underperformed against the sector today by 3.37%, and it reached an intraday low of Rs 2,174.05, marking a decline of 2.07%. <BR><BR>Over the past year, the stock has generated a return of -20.88%, significantly underperforming the BSE500 index, which has only declined by 5.60% during the same period. Additionally, the company's net sales have shown a poor long-term growth rate of -1.62% over the last five years, and its profits have fallen by 10.6%. <BR><BR>Investor participation has also decreased, as indicated by a 41.98% drop in delivery volume compared to the five-day average. Although the company is net-debt free and offers a high dividend yield of 5.63%, these positive factors are overshadowed by the overall poor performance and flat results reported for the recent quarter, where profit before tax fell by 36.69%. <BR><BR>In summary, the combination of declining sales, reduced investor participation, and underperformance relative to benchmarks is contributing to the falling stock price of Honda India Power Products Ltd.

Which are the latest news on Honda India?

What does Honda India do?

Honda India Power Products Ltd is a small-cap industrial manufacturing company that produces power products. As of March 2026, it reported net sales of ₹265 Cr and a net profit of ₹27 Cr, with a market cap of ₹2,244 Cr.

Overview:<BR>Honda India Power Products Ltd operates in the industrial manufacturing sector as a small-cap company.<BR><BR>History:<BR>The company was incorporated in September 1985 as a joint venture and was initially named Shriram Honda Power. It changed its name to Honda Siel Power Products Limited in 1998-99 and was renamed Honda India Power Products Limited on May 24, 2020. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 265 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 27 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 2,244 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 31.00 <BR>Industry P/E: 58 <BR>Dividend Yield: 5.61% <BR>Debt-Equity: -0.10 <BR>Return on Equity: 8.90% <BR>Price to Book: 2.81 <BR><BR>Contact Details:<BR>Address: 409 DLF Tower B, Jasola Commercial Complex New Delhi New Delhi : 110025 <BR>Website: http://www.hondaindiapower.com

How big is Honda India?

As of 10th June, Honda India Power Products Ltd has a market capitalization of 2,244.00 Cr, classifying it as a Small Cap company, with recent net sales of 865.45 Cr and a net profit of 64.24 Cr.

As of 10th June, Honda India Power Products Ltd has a market capitalization of 2,244.00 Cr, which categorizes it as a Small Cap company.<BR><BR>In the latest 4 quarters, Honda India reported Net Sales of 865.45 Cr and a Net Profit of 64.24 Cr.<BR><BR>For the latest annual period ending March 2025, the company had Shareholder's Funds of 863.53 Cr and Total Assets amounting to 1,034.26 Cr.

Who are in the management team of Honda India?

The management team of Honda India includes Shigeki Iwama (Chairman & Managing Director), Vinay Mittal (CFO), and several other directors, including Noboru Sube, Kaori Osakada, and independent directors like Manoj Arora and Anuradha Dutt, who oversee the company's operations and strategy.

The management team of Honda India includes the following key members:<BR><BR>1. **Shigeki Iwama** - Chairman & Managing Director (CMD) & CEO<BR>2. **Vinay Mittal** - Whole Time Director & Chief Financial Officer (CFO)<BR>3. **Noboru Sube** - Whole-time Director<BR>4. **Kaori Osakada** - Director<BR>5. **Sunita Ganjoo** - Company Secretary & Compliance Officer<BR>6. **Manoj Arora** - Non-Executive & Independent Director<BR>7. **Alka Marezban Bharucha** - Non-Executive & Independent Director<BR>8. **Ravi Prakash Mehrotra** - Non-Executive & Independent Director<BR>9. **Anuradha Dutt** - Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of Honda India.

Who are the peers of the Honda India?

Honda India's peers include Windsor Machines, JNK, HLE Glascoat, and others, with varying management and growth risks. In terms of returns, Honda India has a 1-year return of -25.95%, better than Pennar Industrie but worse than JNK's 28.68%.

Peers: The peers of Honda India are Windsor Machines, JNK, HLE Glascoat, Kilburn Engg., Pennar Industrie, HMT, Walchan. Inds., Aimtron, and Vinyas Innovativ.<BR><BR>Quality Snapshot: Excellent management risk is observed at JNK, HLE Glascoat, Kilburn Engg., and Honda India, while Average management risk is found at Windsor Machines, Pennar Industrie, Aimtron, Vinyas Innovativ, and Thejo Engg. Below Average management risk is noted at Walchan. Inds. and HMT. Growth is Excellent at Aimtron and Vinyas Innovativ, while Good growth is seen at Kilburn Engg. and Pennar Industrie. Below Average growth is present at Windsor Machines, JNK, HLE Glascoat, Honda India, and Walchan. Inds. <BR><BR>Return Snapshot: JNK has the highest 1-year return at 28.68%, while Pennar Industrie has the lowest at -37.86%. Honda India’s 1-year return of -25.95% is better than Pennar Industrie but worse than JNK. Additionally, HLE Glascoat, Kilburn Engg., Pennar Industrie, and HMT all have negative six-month returns.

Should I buy, sell or hold Honda India Power Products Ltd?

Are Honda India Power Products Ltd latest results good or bad?

Honda India Power Products Ltd's latest results are unfavorable, showing a 25.53% decline in net profit and a slight 1.54% decrease in net sales year-on-year, along with a significant contraction in operating margins. The stock has also underperformed, declining 21.09% over the past year.

The latest results for Honda India Power Products Ltd indicate a challenging performance. For the quarter ending March 2026, the company reported a net profit of ₹26.92 crores, which represents a significant decline of 25.53% compared to the same quarter last year. Additionally, net sales were ₹264.53 crores, reflecting a slight decrease of 1.54% year-on-year.<BR><BR>The operating margin also saw a notable contraction, dropping to 11.33% from 16.15% a year earlier, indicating increased cost pressures. This margin compression suggests that the company is facing operational challenges, potentially due to raw material inflation or competitive pricing pressures.<BR><BR>Overall, while there was a sequential improvement in net profit compared to the previous quarter, the year-on-year declines in both profit and sales, along with the significant margin erosion, paint a concerning picture for the company's financial health. Additionally, the stock has underperformed significantly over the past year, declining 21.09%, which is starkly contrasted with the broader industrial manufacturing sector's growth. Therefore, the latest results can be viewed as unfavorable, highlighting ongoing difficulties for Honda India Power Products.

How has been the historical performance of Honda India?

Honda India's historical performance shows a decline in net sales and profits from March 2023 to March 2025, with net sales dropping from 1,246.29 Cr to 794.23 Cr, while operating profit fell from 135.09 Cr to 87.68 Cr. Despite these declines, the company increased its reserves and total assets, indicating some financial stability.

Answer:<BR>The historical performance of Honda India shows a fluctuating trend in net sales and profits over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Honda India's net sales peaked at 1,246.29 Cr in March 2023 but fell to 794.23 Cr by March 2025. This decline is accompanied by a decrease in total operating income, which also dropped from 1,246.29 Cr in March 2023 to 794.23 Cr in March 2025. The raw material costs have similarly decreased from 653.19 Cr in March 2023 to 366.92 Cr in March 2025, reflecting a reduction in production costs. Operating profit, excluding other income, showed a decline from 135.09 Cr in March 2023 to 87.68 Cr in March 2025, while profit before tax decreased from 115.40 Cr to 107.70 Cr in the same period. Profit after tax followed a similar trend, declining from 85.09 Cr in March 2023 to 79.94 Cr in March 2025. Despite these declines, the company's reserves increased from 726.60 Cr in March 2023 to 853.39 Cr in March 2025, indicating a strengthening of the balance sheet. Total assets rose from 915.57 Cr in March 2023 to 1,034.26 Cr in March 2025, while total liabilities also increased from 915.57 Cr to 1,034.26 Cr, reflecting a consistent growth in the company's financial structure. However, cash flow from operating activities decreased significantly from 157.00 Cr in March 2023 to 22.00 Cr in March 2025, contributing to a net cash outflow of 75.00 Cr by March 2025. Overall, Honda India has experienced a challenging financial landscape with declining sales and profits, yet it has managed to bolster its reserves and total assets.

Is Honda India technically bullish or bearish?

As of October 14, 2025, the technical trend is mildly bearish, supported by bearish MACD readings and Bollinger Bands on weekly and monthly time frames, despite some mixed signals from Dow Theory and daily moving averages.

As of 14 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish trend. Bollinger Bands also confirm a bearish outlook on both weekly and monthly time frames. The KST is mildly bearish on the weekly and bearish on the monthly, while the Dow Theory presents a mixed view with a mildly bearish weekly and a mildly bullish monthly. Despite the daily moving averages showing a mildly bullish signal, the overall indicators suggest a bearish sentiment, particularly in the context of the recent price decline and negative returns compared to the Sensex across multiple time frames.

Is Honda India overvalued or undervalued?

As of August 21, 2025, Honda India is considered overvalued with a valuation grade of "expensive," reflected in its high PE ratio of 41.71 and a year-to-date return of -16.89%, despite a recent stock performance uptick.

As of 21 August 2025, Honda India's valuation grade has moved from very expensive to expensive, indicating a slight improvement in perceived value but still reflecting a high valuation. The company is currently considered overvalued. Key ratios include a PE ratio of 41.71, an EV to EBITDA of 31.84, and a Price to Book Value of 3.73, all of which are significantly higher than industry norms.<BR><BR>In comparison with peers, Honda India’s PE ratio of 41.71 is notably higher than that of Apar Industries, which stands at 37.58, while Siemens Energy has a staggering PE of 119.76, illustrating the varying valuations within the sector. Despite a recent uptick in stock performance, with a 1-week return of 5.11% compared to the Sensex's 1.74%, the overall trend over the past year shows Honda India lagging with a return of -16.89% against the Sensex's 1.35%. This further supports the conclusion that Honda India remains overvalued in its current market context.

Has Honda India declared dividend?

Yes, Honda India Power Products Ltd has declared a dividend of 215%, amounting to ₹10 per share, with an ex-date of September 18, 2025. The company has shown varying total returns over different periods, with strong performance in the long term despite short-term fluctuations.

Honda India Power Products Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 215%<BR>- Amount per share: 10<BR>- Ex-date: 18 Sep 25<BR><BR>Dividend Yield: 0.99%.<BR><BR>Total Returns by Period:<BR>Over the 3-month period, the price return was 27.34%, the dividend return was 5.15%, resulting in a total return of 32.49%.<BR><BR>In the 6-month period, the price return was 32.08%, the dividend return was 6.05%, leading to a total return of 38.13%.<BR><BR>For the 1-year period, the price return was -20.07%, the dividend return was 4.10%, resulting in a total return of -15.97%.<BR><BR>During the 2-year period, the price return was 24.33%, the dividend return was 5.70%, culminating in a total return of 30.03%.<BR><BR>In the 3-year period, the price return was 97.42%, the dividend return was 12.31%, leading to a total return of 109.73%.<BR><BR>Over the 4-year period, the price return was 130.62%, the dividend return was 15.87%, resulting in a total return of 146.49%.<BR><BR>In the 5-year period, the price return was 176.71%, the dividend return was 20.11%, culminating in a total return of 196.82%.<BR><BR>Overall, Honda India Power Products Ltd has declared a significant dividend and has shown varying total returns over different periods, with particularly strong performance in the longer terms, indicating a positive trend in returns despite some fluctuations in the shorter term.

Who are the top shareholders of the Honda India?

The top shareholders of Honda India include Honda Motor Co. Ltd. with 66.67%, Nippon Life India Trustee Ltd. at 8.82%, mutual funds with 18.17%, foreign institutional investors at 1.37%, and individual investors holding 11.94%.

The top shareholders of Honda India are primarily dominated by its promoters. The largest shareholder is Honda Motor Co. Ltd., which holds 66.67% of the company. Additionally, Nippon Life India Trustee Ltd. is the highest public shareholder with an 8.82% stake. Mutual funds collectively hold 18.17% through three schemes, while foreign institutional investors (FIIs) have a smaller share of 1.37%, held by 51 different entities. Individual investors account for 11.94% of the holdings.

When is the next results date for Honda India?

No Upcoming Board Meetings