Honeywell Automation India (NSE:HONAUT) ROE %: 14.31% (As of Mar. 2026) — Near Median


NSE:HONAUT Honeywell Automation India Ltd NSE:HONAUT
88 GF Score
Price ₹39,545.00
GF Value ₹46,506.74
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Honeywell Automation India ROE %?

Honeywell Automation India NSE:HONAUT -0.28% 88 ROE % is 14.31% as of Mar. 2026, which is 5% below its 10-year median of 15.08. GuruFocus rates NSE:HONAUT with a GF Score™ of 88/100 and a GF Value™ of ₹46,506.74 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 3,003 Industrial Products companies, Honeywell Automation India ranks better than 76.39% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Honeywell Automation India's annualized net income for the quarter that ended in Mar. 2026 was ₹6,388 Mil. Honeywell Automation India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹44,627 Mil. Therefore, Honeywell Automation India's annualized ROE % for the quarter that ended in Mar. 2026 was 14.31%.

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

NSE:HONAUT' s ROE % Range Over the Past 10 Years
Min: 12.35   Med: 15.08   Max: 25.04
Current: 12.41

During the past 13 years, Honeywell Automation India's highest ROE % was 25.04%. The lowest was 12.35%. And the median was 15.08%.

NSE:HONAUT's ROE % is ranked better than
76.39% of 3003 companies
in the Industrial Products industry
Industry Median: 5.85 vs NSE:HONAUT: 12.41

Honeywell Automation India  (NSE:HONAUT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6388/44627
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6388 / 47228)*(47228 / 62290)*(62290 / 44627)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.53 %*0.7582*1.3958
=ROA %*Equity Multiplier
=10.26 %*1.3958
=14.31 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6388/44627
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6388 / 8612) * (8612 / 6804) * (6804 / 47228) * (47228 / 62290) * (62290 / 44627)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7418 * 1.2657 * 14.41 % * 0.7582 * 1.3958
=14.31 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Honeywell Automation India ROE % Related Terms


Honeywell Automation India ROE % Historical Data

* Premium members only.

The historical data trend for Honeywell Automation India's ROE % 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 ROE % Chart

Honeywell Automation India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.52 14.54 14.76 13.70 12.35

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
ROE % 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 13.86 12.34 11.41 11.57 14.31

NSE:HONAUT vs VRT, BE: ROE % Comparison

For the Electrical Equipment & Parts subindustry, Honeywell Automation India's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Industrial Products Industry

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

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


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

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

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=5250/( (40382+44627)/ 2 )
=5250/42504.5
=12.35 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=6388/( (0+44627)/ 1 )
=6388/44627
=14.31 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 14.31% mean?
Honeywell Automation India (NSE:HONAUT) has a ROE % of 14.31% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Honeywell Automation India and its competitors. This is near median its historical median of 15.08. Over the past decade, Honeywell Automation India's ROE % has ranged from 12.35 to 25.04. According to the industry distribution chart, Honeywell Automation India ranks #709 out of 3003 companies in the Industrial Products industry, placing it in the top 23.6%.
Is Honeywell Automation India's ROE % too high?
Honeywell Automation India's current ROE % of 14.31% is near median its 10-year median of 15.08. Over the past 10 years, this metric has ranged from a low of 12.35 to a high of 25.04. The Industrial Products industry median ROE % is 5.85. Honeywell Automation India's value of 14.31% is 144.6% above this industry median. Based on the distribution chart, Honeywell Automation India ranks #709 out of 3003 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. 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 ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Honeywell Automation India ranks #709 out of 3003 companies for ROE %. This places Honeywell Automation India in the top 24% of its industry — outperforming the majority of peers. The industry median ROE % is 5.85. Honeywell Automation India's value of 14.31% is 144.6% above this benchmark. Historically, Honeywell Automation India's own ROE % has ranged from 12.35 to 25.04 over the past decade. While the company's 10-year median is 15.08 vs. the industry median of 5.85, 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 ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,003 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Honeywell Automation India's current ROE % of 14.31% is 144.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Honeywell Automation India and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Automation India's current ROE % is 14.31%, which is near median its own 10-year median of 15.08. 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 ₹46,506.74, compared to a current price of ₹39,545.00 — trading 15% below its estimated fair value. The current ROE % is 14.31%, which is near median its 10-year median of 15.08 and 144.6% above the Industrial Products industry median of 5.85. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Honeywell Automation India (NSE:HONAUT), the current ROE % is 14.31% 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 ₹39,545.00 is trading 15% below its estimated GF Value™ of ₹46,506.74. GuruFocus considers Honeywell Automation India to be Modestly Undervalued.

Key valuation signals for NSE:HONAUT:

  • ROE %: 14.31% (near median its 10-year median of 15.08)
  • GF Value™: ₹46,506.74 vs. price of ₹39,545.00 (15% below fair value)
  • GF Score™: 88/100 with 8 warning signs
  • Industry Position: 144.6% above the Industrial Products median (#709 of 3003)

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

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

₹39,545.00
Price
₹46,506.74
GF Value