Honeywell Automation India Adjusts Quality Grade Amidst Financial Performance Challenges
Honeywell Automation India has recently adjusted its quality grade, reflecting changes in its financial metrics and market position. The company has seen a sales growth rate of 6.84% over five years, but EBIT growth has declined. It maintains low debt levels and a strong return on capital employed.
Honeywell Automation India has recently undergone an adjustment in its evaluation, reflecting a shift in its quality grade from good to average. This change is indicative of underlying trends in the company's financial metrics and market position. Over the past five years, the company has experienced a sales growth rate of 6.84%, while its EBIT growth has shown a decline of 1.29%. The company's EBIT to interest ratio stands at 100.00, and it maintains a low debt to EBITDA ratio of 0.10, indicating a manageable debt level. Additionally, Honeywell Automation India has a net debt to equity ratio of 0.00, suggesting no reliance on debt financing.
The company's return on capital employed (ROCE) is reported at 63.91%, with a return on equity (ROE) of 14.08%. However, the recent financial performance has shown some challenges, with a notable decline in operating profit as a percentage of net sales, recorded at 11.96%.
Despite being a significant player in the industrial manufacturing sector, constituting 25.44% of the industry with annual sales of Rs 4,412.30 crore, the company has faced consistent underperformance against market benchmarks over the past three years.
For more insights on Honeywell Automation India's financial trends, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
