Honeywell Automation shares rise most in over two years after profit advances 14% in Q4

Shares of Honeywell Automation rose as much as 18.4%, its biggest single day jump since May 16, 2024, to hit an intraday high of ₹35,735 on the National Stock Exchange on Thursday, May 21, a day after it reported its January-March quarter earnings. On the BSE, Honeywell Automation shares advanced as much as 18.55% to touch an intraday high of ₹35,770.

Honeywell Automation post market hours on Wednesday said that it earned a net profit of ₹160 crore in fourth quarter of financial year 2025-26, marking an increase of 14% from ₹140 crore a year earlier.

Its revenue from operations jumped 6% to ₹1,181 crore in Q4 compared with ₹1,115 crore in the year-ago period.

The company reported stable operational performance as its EBITDA also known as operating profit rose 16% to ₹1,85 crore and its EBITDA margin expanded by 130 basis points to 15.65%.

Honeywell Automation's board of directors recommended a final dividend of ₹110 per share and fixed July 16 as the record date for the purpose of determining the entitlement of members to receive final dividend for the financial year ended March 31, 2026.

The company said that it approved the appointment of Satish Agarwal as the Chief Financial Officer of the Company and a Key Managerial Personnel. It also accepted resignation of Nandini Vishwas from the position of Internal Auditor of the Company.

Agarwal is a chartered accountant from ICAI and did his BCom from University of Calcutta.

He is currently the CFO of Building Automation business of Honeywell India, ASEAN & East Asia Region managing finance activities of multiple line of business having products and projects complexities. He has worked with PepsiCo and Tata Steel in the past.

"In his new role, he will be responsible for overseeing the financial operations and strategy within HAIL. This role encompasses financial planning, risk management, compliance with regulatory requirements, and the management of financial reporting processes," Honeywell Automation said in a regulatory filing.

Honeywell Automation shares were witnessing heavier than usual trading activity as trading volume jumped by 27.2 times to 1.39 lakh shares compared with an average volume of 5,137 shares on the NSE.

On BSE, as many as 6,413 shares changed hands compared with an average of 733 shares traded daily in the past two weeks.

As of 1:02 pm, Honeywell Automation shares traded 17% higher at ₹35,290, outperforming the NIFTY Large Midcap 250 index which was down 0.06%.