HONEYWELL AUTOMATION INDIA LTD
Add to watch list to get report alerts
BSE Code:
517174
NSE Code:
HONAUT
Business Profile
Business Profile
Honeywell Automation India (HONEYWELL) is engaged in the business of providing integrated automation and software solutions to improve productivity, enhance comfort and ensure safety and security of homes and business premises. Jointly promoted by Tata Industries and Honeywell Inc., USA, the company was incorporated on Jan. 13, 1984 and was converted into a public limited company on Jun. 20, 1988.
The company operates through its business divisions of process solutions in the areas of process knowledge systems, safety systems, simulation technology, and wireless technology for the process industries like refining, oil and gas, etc; building solutions in the areas of HVAC control systems, fire detection systems, security systems, and integrated systems; global engineering services offering cost engineering and software development and programming to global clients; environmental and combustion control providing home and building control products and solutions like temperature control, energy conservation, and safety; sensing and control is a global supplier of sensors and switches for OEM customers; industrial measurement & control provides foundation systems for critical measurement, control and data acquisition.
The manufacturing facility in Pune is equipped with system integration services, testing facilities, systems assembly & staging centre, printed wiring assembly (PWA) manufacturing facility and a smartline technology center. The company is ISO 14001 and OHSAS 18001 certified. The company also provides training services for clients and students to familiarize them with emerging technologies. A major project is the automation of Indian Oil`s flagship XtraCare gas stations across India.
Subsidiaries include Comfort Cooling PLC, Elmwood Sensors, Honeywell (China) Co., Honeywell A.B., Honeywell CentaBuerkle AG, Honeywell Automation and Control Solutions Sarl, and Honeywell Co. (Korea). The registered office is at 56 & 57, Hadapsar Industrial Estate, Hadapsar, Pune-411013, Maharashtra.
Financials
Honeywell Automation India registered a profit of Rs 139 million for the quarter ended June 2007.
Net sales rose 52.15% to Rs 2,162 million for the quarter ended June 2007 from Rs 1,421 million for the quarter ended June 2006.
Total income rose 51.57% to Rs 2,166 million for the quarter ended June 2007 from Rs 1,429 million for the quarter ended June 2006.
The earnings per share (EPS) of the company stood at Rs 15.65 for the quarter ended June 2007.