• Honeywell Growth

Honeywell Revenue Growth

Growth in %

  • 61.34%

    1 Year

  • 15.31%

    2 Year

  • 0.06%

    4 Year

In FY22, the company generated sales of ₹143 Cr., with a rebound growth rate of 61% y-o-y with respect to the previous average declining rate of 13.7% y-0-y for three consecutive financial years (FY19 to FY21). It's because the financial year 2021-22, saw market conditions recovering post-COVID-19, especially in the construction industry. The residential segment witnessed recoveries backed by a resumption in the home-buying sentiment. The primary growth drivers were performances of new product introductions (NPI), particularly in the affordable (Evo) and mid-segment range (Orna), and in new geographies. For the second consecutive year, the NPI vitality of the Company is in double digits at 40%+.

Honeywell Net Profit Growth(PAT)

Growth in %

  • 78.43%

    1 Year

  • 802.34%

    2 Year

  • 180.47%

    4 Year

The net income of the company turned significantly positive (₹15 Cr.) for the first time in several years driven by the increase in sales (revenue) and reduction of expense charges, using changing market strategy and using economies of scale. New product introductions (NPI) have contributed significantly to market revenue recovery in the post-Covid environment.

Honeywell EPS Growth

Growth in %

  • 77.66%

    1 Year

  • 826.51%

    2 Year

  • -7.49%

    4 Year

The company's EPS saw a sharp rise in FY22 as a direct result of rise in net income triggered by post pandemic recovery backed by a resumption in the home buying sentiment and and low interest home loan rates.


  • Honeywell Book Value Growth

Growth in %

  • 4.28%

    1 Year

  • -0.64%

    2 Year

  • -5.83%

    4 Year

The company's share capital showed a reversal from the consistent downward trend that it had remained in over the last several financial years (FY18 to FY21). The book Value of the company increased by 4.28% and stood at ₹84.78 Cr. bolstered by strong trade, although waning non-current assets remain a decisive issue.

Honeywell EBITDA Growth

Growth in %

  • 577.33%

    1 Year

  • 76.34%

    2 Year

  • 71.70%

    4 Year

FY22 saw a steep rise in the EBITDA of the company in comparison to the last few years (₹33Cr.). A steady decrease in expense margins was made possible with the scaling up of new products launched recently by executing an identified go-to-market strategy facilitating increased EBIDTA margin (2-year CAGR 47.7%).  


Honeywell Operating Profit Growth

Growth in %

  • 219.21%

    1 Year

  • 104.41%

    2 Year

  • 634.34%

    4 Year

A significant boost in sales along with profits from the sale of old assets meant passover of higher earnings %. In FY22 EBIT stood at ₹29 Cr., a stark contrast to the dwindling to negative earnings in the past several years.

Honeywell Asset Growth

Growth in %

  • 15.70%

    1 Year

  • 4.80%

    2 Year

  • -2.47%

    4 Year

The total assets of the company saw a rebound from the boost in trading activity (sales) and cash inflow as well as <not so insignificant?(15.32%)> income from the sale of tangible assets. Wise use of increased assets and efficient targeting of business opportunities using its rich expertise can become a game changer for the company.

Honeywell Cash Flow from Operations

Growth in %

  • -85.71%

    1 Year

  • -61.51%

    2 Year

  • -20.47%

    4 Year

The company had seen a decrease in waning CFO due to a decrease in market share for the past couple of years. FY21 saw a sudden increase in cash due to a decrease in trade receivables in the post-pandemic environment. FY22 saw revamp in CFO augmented by a new business strategy and growth of revenue from new product introductions.

  • Honeywell Solvency Ratios

Honeywell D/E Ratio

The company's debt-to-equity ratio increased by for the last 2 years due to the recent lease. The debt is almost nil on the books except for the lease liabilities. 

Honeywell Current Ratio

The company's current assets saw a whooping 37% y-o-y increase, pushed by sales. The increase of current liabilities in turn remains marginal, thus driving up the current ratio 4.75% further to 2.22. The management has tried to maintain the current ratio for the last 5 years have close to the industry average of 1.8

Honeywell Quick Ratio

The companies quick ratio has increased at 2 year CAGR of 7.1%  because of the increase in current assets and limited liabilities.


Honeywell Interest Coverage Ratio

The interest coverage ratio of the company has increased because of the increase in EBIT of the company with respect to its meagre payments on lease. 


  • Honeywell Operating Efficiency

Honeywell Operating Profit EBIT Margin(OPM)

Honeywell Profit Before Tax Margin (PBT Margin)

Honeywell Profit After Tax Margin (PAT Margin)

  • Honeywell Profitablity Ratio

Honeywell Return on Equity(RoE)

Due to the large increase in the company's revenue (61% y-o-y) led by the post pandemic recovery especially in construction and home buying segment and the growth of affordable segment in NPI (new products introductions), the company exhibited strong recovery in top line as well as bottom line. The ROE of company saw y-o-y growth of 18.21% although decrease of book value led by diminishing tangible assets may be a contributing factor.

Honeywell Return on Capital Employed(RoCE)

The FY22 saw a drastic increase in profitability; thanks to significant growth in sales made possible by new goods, stronger market strategy, and economies of scale. High ROCE was a result of high earnings and low obligations.

Honeywell Return to Assets (RoA)

Significant increase in revenue facilitated by NPI and economy of scale led to stark increase in earnings in FY 22. High earnings and decreasing PPE led to high ROA.

  • Honeywell Valuation Ratios

Honeywell Earning Yield