Honeywell Automation India (NSE:HONAUT) Operating Margin %: 14.41% (As of Mar. 2026) — Near Median


NSE:HONAUT Honeywell Automation India Ltd NSE:HONAUT
88 GF Score
Price ₹39,405.00
GF Value ₹46,444.84
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Honeywell Automation India Operating Margin %?

Honeywell Automation India NSE:HONAUT +1.00% 88 Operating Margin % is 14.41% as of Mar. 2026, which is 5% above its 10-year median of 13.70. GuruFocus rates NSE:HONAUT with a GF Score™ of 88/100 and a GF Value™ of ₹46,444.84 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 3,032 Industrial Products companies, Honeywell Automation India ranks better than 72.86% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Honeywell Automation India's Operating Income for the three months ended in Mar. 2026 was ₹1,701 Mil. Honeywell Automation India's Revenue for the three months ended in Mar. 2026 was ₹11,807 Mil. Therefore, Honeywell Automation India's Operating Margin % for the quarter that ended in Mar. 2026 was 14.41%.

Warning Sign:

Honeywell Automation India Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -7.3%.

The historical rank and industry rank for Honeywell Automation India's Operating Margin % or its related term are showing as below:

NSE:HONAUT' s Operating Margin % Range Over the Past 10 Years
Min: 11.79   Med: 13.7   Max: 19.11
Current: 11.79


NSE:HONAUT's Operating Margin % is ranked better than
72.86% of 3032 companies
in the Industrial Products industry
Industry Median: 6.535 vs NSE:HONAUT: 11.79

Honeywell Automation India's 5-Year Average Operating Margin % Growth Rate was -7.30% per year.

Honeywell Automation India's Operating Income for the three months ended in Mar. 2026 was ₹1,701 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5,518 Mil.


Honeywell Automation India  (NSE:HONAUT) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Honeywell Automation India Operating Margin % Related Terms


Honeywell Automation India Operating Margin % Historical Data

* Premium members only.

The historical data trend for Honeywell Automation India's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Honeywell Automation India Operating Margin % Chart

Honeywell Automation India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.60 14.20 13.78 12.66 11.79

Honeywell Automation India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.06 10.83 10.33 11.54 14.41

NSE:HONAUT vs VRT, BE: Operating Margin % Comparison

For the Electrical Equipment & Parts subindustry, Honeywell Automation India's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Honeywell Automation India Operating Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Honeywell Automation India's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Honeywell Automation India's Operating Margin % falls into.


NSE:HONAUT
88GF Score
Honeywell Automation India Ltd NSE:HONAUT
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Honeywell Automation India Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Honeywell Automation India's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=5518 / 46819
=11.79 %

Honeywell Automation India's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1701 / 11807
=14.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 14.41% mean?
Honeywell Automation India (NSE:HONAUT) has a Operating Margin % of 14.41% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Honeywell Automation India and its competitors. This is near median its historical median of 13.70. Over the past decade, Honeywell Automation India's Operating Margin % has ranged from 11.79 to 19.11. According to the industry distribution chart, Honeywell Automation India ranks #823 out of 3032 companies in the Industrial Products industry, placing it in the top 27.1%.
Is Honeywell Automation India's Operating Margin % too high?
Honeywell Automation India's current Operating Margin % of 14.41% is near median its 10-year median of 13.70. Over the past 10 years, this metric has ranged from a low of 11.79 to a high of 19.11. The Industrial Products industry median Operating Margin % is 6.54. Honeywell Automation India's value of 14.41% is 120.5% above this industry median. Based on the distribution chart, Honeywell Automation India ranks #823 out of 3032 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Honeywell Automation India has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Automation India's Operating Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Honeywell Automation India ranks #823 out of 3032 companies for Operating Margin %. This puts Honeywell Automation India in the upper half of its industry. The industry median Operating Margin % is 6.54. Honeywell Automation India's value of 14.41% is 120.5% above this benchmark. Historically, Honeywell Automation India's own Operating Margin % has ranged from 11.79 to 19.11 over the past decade. While the company's 10-year median is 13.70 vs. the industry median of 6.54, Honeywell Automation India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.54, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Honeywell Automation India's current Operating Margin % of 14.41% is 120.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Honeywell Automation India and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Automation India's current Operating Margin % is 14.41%, which is near median its own 10-year median of 13.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Automation India stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Automation India (NSE:HONAUT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹46,444.84, compared to a current price of ₹39,405.00 — trading 15.2% below its estimated fair value. The current Operating Margin % is 14.41%, which is near median its 10-year median of 13.70 and 120.5% above the Industrial Products industry median of 6.54. Honeywell Automation India's overall GF Score™ is 88/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Honeywell Automation India (NSE:HONAUT), the current Operating Margin % is 14.41% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Honeywell Automation India (NSE:HONAUT) Overvalued in 2026?

Based on GuruFocus' analysis, Honeywell Automation India stock appears to be undervalued. The current stock price of ₹39,405.00 is trading 15.2% below its estimated GF Value™ of ₹46,444.84. GuruFocus considers Honeywell Automation India to be Modestly Undervalued.

Key valuation signals for NSE:HONAUT:

  • Operating Margin %: 14.41% (near median its 10-year median of 13.70)
  • GF Value™: ₹46,444.84 vs. price of ₹39,405.00 (15.2% below fair value)
  • GF Score™: 88/100 with 8 warning signs
  • Industry Position: 120.5% above the Industrial Products median (#823 of 3032)

No single metric tells the full story. See the NSE:HONAUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honeywell Automation India Business Description

Other Exchanges 517174:India
Address 56 and 57, Hadapsar Industrial Estate, Pune, MH, IND, 411013
Honeywell Automation India Ltd provides automation and control systems in India and internationally. The company offers distributed control systems, transmitters, programmable logic controllers, emergency shutdown systems, quality control systems, software solutions, industrial Internet of Things solutions, and comprehensive life cycle services. It also provides building management systems, fire detection and alarm systems, access control systems, video surveillance systems, integrated security systems, and integrated building management systems. The company operates in a single segment, Automation and Control Systems, and derives a majority of its revenue from India.
88GF Score

Get the complete analysis for NSE:HONAUT

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹39,405.00
Price
₹46,444.84
GF Value