| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 8548 | 12140 | 15119 | 15767 |
| Cost of Material Consumed | 2237 | 3074 | 3285 | 8415 |
| Change in Inventory | 237 | -359 | -273 | 177 |
| Gross Margins | 73.83 | 74.68 | 78.27 | 46.63 |
| Employee Benefit Expenses | 2203 | 2325 | 2676 | 2761 |
| Other Expenses | 4703 | 5954 | 7150 | 2511 |
| EBITDA | -834 | 1146 | 2281 | 1903 |
| OPM | -9.76 | 9.44 | 15.09 | 12.07 |
| Other Income | 338 | 2197 | 175 | 203 |
| Finance Cost | 57 | 35 | 54 | 51 |
| D&A | 413 | 438 | 437 | 506 |
| EBIT | -1251 | 708 | 1844 | 1397 |
| EBIT Margins | -14.64 | 5.83 | 12.2 | 8.86 |
| PBT | -970 | 2870 | 1965 | 1549 |
| PBT Margins | -11.35 | 23.64 | 13 | 9.82 |
| Tax | -101 | 1326 | 369 | 405 |
| PAT | -869 | 1544 | 1596 | 1144 |
| NPM | -10.17 | 12.72 | 10.56 | 7.26 |
| EPS | -91.47 | 162.53 | 168 | 120.42 |
| Financial Ratios | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | -9.76 | 9.44 | 15.09 | 12.07 |
| Net Profit Margin | -10.17 | 12.72 | 10.56 | 7.26 |
| Earning Per Share (Diluted) | -91.47 | 162.53 | 168 | 120.42 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 954 | 698 | 963 | 826 |
| CWIP | 0 | 0 | 36 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Trade Receivables | 2612 | 3396 | 3782 | 4489 |
| Inventory | 1449 | 1981 | 1975 | 1923 |
| Other Assets | 7754 | 8699 | 10499 | 11512 |
| Total Assets | 12769 | 14774 | 17255 | 18750 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 95 | 95 | 95 | 95 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 7607 | 9160 | 10764 | 11878 |
| Borrowings | 0 | 0 | 0 | 0 |
| Trade Payables | 3397 | 3119 | 3040 | 3429 |
| Other Liabilities | 1670 | 2400 | 3356 | 3348 |
| Total Liabilities | 12769 | 14774 | 17255 | 18750 |
| Cash-Flow Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| PBT | -970 | 2870 | 1965 | 1144 |
| OPBWC | -519 | 1129 | 2382 | 0 |
| Change in Receivables | 168 | -782 | -433 | -723 |
| Change in Inventories | 441 | -532 | 7 | 52 |
| Change in Payables | 389 | 546 | -106 | 383 |
| Other Changes | 2315 | 485 | 1196 | 2344 |
| Working Capital Change | 3313 | -283 | 664 | 2056 |
| Cash Generated From Operations | 2794 | 846 | 3046 | 2056 |
| Tax | 7 | -453 | -133 | -504 |
| Cash Flow From Operations | 2801 | 393 | 2913 | 1552 |
| Purchase of PPE | -143 | -68 | -672 | -465 |
| Sale of PPE | 3 | 2175 | 2 | 3 |
| Cash Flow From Investment | -114 | 2195 | -524 | -283 |
| Borrowing | 400 | 0 | 0 | 0 |
| Dividend | 0 | 0 | 0 | 0 |
| Equity | 0 | 0 | 0 | 0 |
| Others From Financing | -509 | -81 | -94 | -89 |
| Cash Flow from Financing | -109 | -81 | -94 | -89 |
| Net Cash Generated | 2578 | 2507 | 2295 | 1180 |
| Cash at the Start | 1214 | 3768 | 6275 | 8570 |
| Cash at the End | 3792 | 6275 | 8570 | 9750 |
Honeywell Electrical Devices and Systems India (HEDS India) is a prominent player in the electrical and automation solutions market, offering a wide range of products for residential, commercial, and industrial applications. The company operates as part of Honeywell’s global portfolio, benefitting from its deep technological expertise, strong R&D foundation, and commitment to innovation. HEDS India manufactures and markets electrical wiring devices, switches, circuit protection equipment, lighting control systems, and automation solutions that adhere to global safety and performance standards. With a strong distribution network and a reputation for reliability, the company has carved a significant presence in both domestic and international markets, catering to infrastructure, real estate, consumer electricals, and industrial clients.
From a business perspective, HEDS India operates in a fast-evolving sector where demand is driven by rapid urbanization, infrastructure development, and increasing adoption of smart electrical solutions. The company enjoys a competitive advantage due to Honeywell’s global brand equity, advanced technologies, and strong compliance frameworks. Its focus on energy-efficient solutions, smart home products, and industrial automation aligns well with India’s growing push towards modernization, sustainability, and digital transformation. Additionally, the company’s emphasis on quality manufacturing and continuous product diversification has helped it maintain a stable customer base among architects, engineers, builders, and industrial users. This strong market positioning also supports consistent revenue generation and long-term business growth.
In the unlisted market, Honeywell Electrical Devices and Systems India’s shares attract interest due to its association with a multinational parent, strong fundamentals, and the rising demand for premium electrical solutions. Investors view the company as a stable, long-term player with a diversified product portfolio and strong operational capabilities. As India’s electrical infrastructure modernizes and consumers shift toward smart homes and automation, HEDS India is well-positioned to benefit from expanding market opportunities. For long-term investors seeking exposure to the electrical and automation sector, the company’s unlisted shares present a compelling proposition backed by brand strength, technological leadership, and consistent business performance.
Q:1 How do I confirm the booking of Honeywell Electrical Devices and Systems India Unlisted Shares?Answer: You can confirm the booking by contacting us and agreeing on a trading price for the shares.
Q:2 What documents do I need to provide to buy Honeywell Electrical Devices and Systems India Unlisted Shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque if you are not transferring funds from the bank account mentioned in your CMR Copy.These documents are required for KYC compliance as per SEBI regulations.
Q:3 How will I receive the bank details for the fund transfer?
Answer: Once you confirm your booking, we will provide you with the necessary bank details for the fund transfer.
Q:4 What payment methods are accepted for purchasing Honeywell Electrical Devices and Systems India Unlisted Shares?Answer: Payments can be made via RTGS, NEFT, IMPS, or through a cheque transfer.Please note that cash deposits are not accepted.
Q:5 Can I transfer funds from a different bank account than the one where the shares will be credited?Answer: No, payment must be made from the same bank account in which the shares are to be credited.
Q:6 Is there a specific time frame for making the payment after booking the shares?Answer: While it is best to complete the payment promptly after booking, specific time frames may vary, so please check with us for any deadlines.
Q:7 What happens if I do not provide the required KYC documents?Answer: Without the required KYC documents, we will not be able to process your purchase of Honeywell Electrical Devices and Systems India Unlisted Shares.
Q:8 Can I cancel my order after booking the shares?Answer: Cancellation policies may apply, so please contact us directly to discuss the specifics of your order and any potential cancellation options.