HONDAPOWER · Honda India Power Products Ltd · Electronic Instr. & Controls
HONDAPOWER · Honda India Power Products Ltd · Electronic Instr. & Controls
As of 05 Nov close
52-week range
26.9% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹189 Cr
Revenue YoY
PAT YoY
+17.1%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
2.5
P/S (TTM)
2.2
Sector P/E
28.6
Dividend yield
+1.4%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| HONDAPOWER (this stock) | 33.6 | 2.5 | +7.3% | +8.2% | 0 | +1.4% |
| ABB India | 94.7 | 16 | +21.9% | +32.0% | 0.02 | +0.4% |
| Hitachi Energy India | 135.3 | 26.5 | +12.6% | +22.2% | 0.02 | +0.0% |
| CG Power and Industrial Solutions | 114.8 | 17.9 | +9.6% | +20.4% | 1.07 | +0.2% |
Promoter
stable
FII
falling 1q
MF
18.26% (0.00pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedHonda India Power Products Limited reported a 21% decline in revenue to ₹98,907 Lakhs in FY2023-24 compared to ₹124,629 Lakhs in FY2022-23, with a 10% reduction in profit before tax. The company launched new product lines like battery-operated handheld power equipment (DCHH) and HI+ range to expand market presence. Dividend of ₹17.50 per share (175%) was recommended, pending shareholder approval. The auditor's report noted no qualifications, and the company has robust internal controls with no material weaknesses. There were no defaults under the Insolvency and Bankruptcy Code, and no regulatory actions were noted. The company has ongoing disputes related to customs duties, with amounts in dispute spanning multiple fiscal years and pending before various tribunals.
- 21% revenue decline to ₹98,907 Lakhs in FY2023-24
- New product launches (DCHH, HI+) aimed at future market expansion
- Dividend recommendation of ₹17.50 per share pending approval
- No material weaknesses in internal controls per auditor
- Customs duty disputes pending with amounts from FY2012-14 to FY2018-19
Key takeaway: Honda India Power Products Limited faces revenue decline and customs duty disputes, but maintains strong internal controls and no regulatory defaults.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesRecent (last 12 months)
The Company received an administrative warning from SEBI for failing to hold a meeting of the Nomination & Remuneration Committee during the Financial year 2023-2024.
Earlier (1-3 years ago)
The company is involved in a legal dispute with the Provident Fund authorities, having filed a writ petition in the Allahabad High Court. The court ordered that any final order from the Provident Fund authorities will be subject to the disposal of the writ petition.
Default / Covenant Breach
2 occurrencesRecent (last 12 months)
The company has an undisputed statutory dues of Rs. 4.8 lakh in respect of Employee's provident funds for FY 2018-19, which was due on 15 April 2019 but has not been paid.
Earlier (1-3 years ago)
The company has an undisputed amount of Rs. 4.8 lakh in arrears for the Employees’ Provident Fund for FY 2018-19, with a due date of 15 April, which has not been paid.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has contingent liabilities related to claims not acknowledged as debts, income tax, customs, sales tax, and other matters. It has received a show cause notice from the Regional Commissioner - Noida regarding the Employees’ Provident Fund Act, with proceedings in data collection and verification, and no demand raised yet.
Earlier (1-3 years ago)
The Company has contingent liabilities at March 31, 2025, including claims not acknowledged as debts, income tax, customs, sales tax, and other matters. The Company has received a show cause notice from the Regional Commissioner - Noida under the Employees’ Provident Fund Act regarding the salary structure for international workers, with proceedings in data collection and verification stage.
The company has contingent liabilities at year-end related to claims not acknowledged as debts, income tax, customs, sales tax, and other matters, with amounts based on demands from notices or legal claims. The company cannot estimate cash outflows pending judicial or authority decisions.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company seeks shareholder approval for material related party transactions with Honda Motor Co., Ltd., Japan, which exceed 5% of the annual consolidated turnover.
Earlier (1-3 years ago)
The company has approved a related party transaction with Honda Motor Co. Ltd., Japan, involving a royalty payment of 6% on sale price adjusted for other costs under a Technical Collaboration Agreement, with a tenure of FY 2025-26 and a value of approximately 4% of the company's audited annual turnover for FY 2023-24.
Statutory dues in dispute
1 occurrenceEarlier (1-3 years ago)
The company has not paid the Employees’ Provident Fund for FY 2018-19, with the due date on 15 April and no payment made. Additionally, there are pending disputes for customs duty amounts from 2012-14 to 2018-19, with various appellate forums handling the disputes.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.07% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).