Honeywell Automation India Ltd., included within the 12 months 1984, is a Massive Cap firm (having a market cap of Rs 38327.96 Crore) working in Engineering sector.
Honeywell Automation India Ltd. key Merchandise/Income Segments embrace Digital Elements, Sale of providers, Traded Items, Different Working Income and Scrap for the 12 months ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the corporate reported a Standalone Whole Revenue of Rs 815.37 Crore, up 17.62 % from final quarter Whole Revenue of Rs 693.21 Crore and up 15.66 % from final 12 months similar quarter Whole Revenue of Rs 705.00 Crore. Firm reported web revenue after tax of Rs 101.97 Crore in newest quarter.
Funding Rationale
HAIL has longer-cycle orders in comparison with its friends
and SIEM. The brokerage expects revival in HAIL’s efficiency as near-term headwinds wane out. Long run secular progress drivers in course of automation and digitisation, constructing administration and cyber safety, and fixed enchancment in product portfolio, will drive HAIL’s long-term progress. It believes supply-chain points, particularly associated to semiconductors, nonetheless persist and will take just a few quarters to normalise.
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