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Honda India Power Products Limited

Honda India Power Products Limited

NSE: HONDAPOWER
Specialty Industrial MachineryIndustrialsSMALL CAPMCap ₹1.86k Cr
₹1,834.60₹7.90 (+0.43%)

Market Closed • NSE

Market cap₹1.86k Cr
Enterprise value₹1.77k Cr
P/E TTM28.26
P/B2.32
EPS TTM₹64.92
D/E0.12
Dividend yield0.01%
52W high₹2,700.00
52W low₹1,806.20
Price chart(1Y)
1Y Return:-15.90% (₹346.80)
H: ₹2,343.7L: ₹1,806.2
1W-1.25%
1M-5.14%
3M-12.68%
6M-19.48%
1Y-31.27%
Today at a glance

Day range

₹1,806.20₹1,850.90

52 week range

₹1,806.20₹2,700.00
Volume3.4K1.31x 20D avg
Free float50.00%+30.70% volume

Honda India Power Products Limited closed at INR1834.60 (+0.43%) on volume 1.31x its 20-day average, trading 32.05% below its 52-week high.

Technical analysis
RSI (14)36.2Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹51.48Moderate
SMA 20₹1,878.35BEARISH
SMA 50₹1,975.62BEARISH
SMA 100₹2,075.07BEARISH
SMA 200₹2,123.30BEARISH
CPR bottom₹1,852.45
Pivot₹1,843.87
CPR top₹1,835.28
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +61.5% QoQ

2026-08-19

DIVIDEND Announced

Dividend - Rs 23 Per Share

2026-02-18

DIVIDEND Announced

Intereim Dividend - Rs 3.50 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹99.0 Lakh₹1.86k Cr0.05%≤ 33%PASS
Non-halal income ratio–₹865.5 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹965.5 Cr₹1.03k Cr93.57%≥ 20%PASS
Receivables ratio–₹1.03k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E28.2628.10
Forward P/E——
P/B2.323.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield3.503.60
Growth & profitability
RevenuePAT
FY19PAT margin —
FY20PAT margin 7.80%
FY23PAT margin 6.90%
FY24PAT margin 9.40%
FY25PAT margin 10.10%
FY26PAT margin 7.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-11.00%
Revenue CAGR 5Y+1.20%
PAT CAGR 3Y-8.90%
PAT CAGR 5Y—
Operating margin4.09%
Net margin7.32%
Financial health & cash flow
Net debt–Moderate
Interest coverage365.50xEBIT / interest
CFO / PAT0.50x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-1067.0 Lakh
Capital expenditure–
Free cash flow₹-6304.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall68/100
Valuation60/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.12x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Specialty Industrial Machinery.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
19 Aug 2026Dividend₹23.00 / share—19 Aug 2026
19 Feb 2026Dividend₹3.50 / share—18 Feb 2026
18 Sept 2025Dividend₹21.50 / share—18 Sept 2025
21 Aug 2025Dividend₹100.00 / share—21 Aug 2025
18 Feb 2025Dividend₹10.00 / share—18 Feb 2025
—Dividend₹17.50 / share—29 Aug 2024
—Dividend₹16.50 / share—03 Aug 2023
—Dividend₹15.00 / share—16 Sept 2022
—Dividend₹10.00 / share—13 Sept 2021
—Dividend₹12.50 / share—11 Sept 2020
—Dividend₹10.00 / share—30 Jul 2019
—Dividend₹9.00 / share—03 Aug 2018
—Dividend₹7.50 / share—27 Jul 2017
—Dividend₹6.00 / share—03 Aug 2016
—Dividend₹6.00 / share—04 Aug 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)57.33%-3.89% latest vs average
Highest delivery69.75%on 09 Oct
Average volume (20D)2.6KTrading-session average
Conviction trendWeakening-3.89% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About Honda India Power Products Limited
Honda India Power Products Limited

Honda India Power Products Limited engages in the manufacture, marketing, and sale of portable generators, water pumps, general purpose engines, lawn mowers, brush cutters, hand tools, portable gensets, tillers, and marine engines in India and internationally. It also markets fishery products comprising long tail outboard motors. In addition, it provides agriculture products, including reapers, HTP sprayers, and power weeder; and ploughs, manure spreaders, seeders, and harrows, as well as other machineries for soil preparation, planting, and fertilizing, harvesting, and threshing; and power weeder. In addition, the company offers light construction products, such as concrete cutter and vibrator, plate and reversible plate compactor, power trowel, and welder. Further, it provides generator synchronization and AMF panel, power generators, motor generator sets, engines, turbines, pumps, compressors, taps, valves, and chargeover and remote switches. The company was formerly known as Honda Siel Power Products Limited and changed its name to Honda India Power Products Limited in July 2020. Honda India Power Products Limited was incorporated in 1985 and is headquartered in Gautam Buddha Nagar, India. Honda India Power Products Limited is a subsidiary of Honda Motor Co., Ltd.

IndiaIndustrials

Questions investors ask
Is Honda India Power Products Limited Shariah compliant?

Honda India Power Products Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.05%) complies with AAOIFI threshold (≤ 33%).

What is Honda India Power Products Limited's current valuation relative to peers?

Honda India Power Products Limited trades at a P/E of 28.3x compared to the sector median of 28.1x, and a Price-to-Book of 2.3x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.12x. Interest coverage is 365.5x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 1.2% while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.