40320.0000 -315.00 (-0.78%)
NSE Jul 11, 2025 15:31 PM
Volume: 3,365
 

40320.00
-0.78%
ICICI Securities Limited
Honeywell Automation India’s (HAIL) Q4FY23 revenues at Rs8.5bn (up 27% YoY, down 16% QoQ) marginally exceeded our estimate of Rs8.1bn. EBITDA was up 59% YoY to Rs1.4bn. EBITDA margin, at 16.3% (up 327bps YoY), was higher than our estimate due to 91bps YoY improvement in gross margin and positive operating leverage.
Number of FII/FPI investors decreased from 155 to 146 in Mar 2025 qtr
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