WEBSITE BSE:522064 NSE: HONDAPOWER Inc. Year: 1985 Industry: Electric Equipment My Bucket: Add Stock
Last updated: 15:40
Honda India Power Products Ltd, formerly known as, Honda Siel Power Products Ltd, manufactures power products. The Company is usually engaged in manufacturing and advertising the portable gensets, water pumps, general purpose engines, lawn mowers, brush cutters and tillers. Its tillers merchandise series include F300 and FJ500. The brush cutters collection include UMK435T U2NT, UMK435T UENT, UMK425T U2ST, UMK450T U2NT and UMK450T UTNT. The Company’s water pumps consist of petrol water pumps, kerosene water pumps and diesel water pumps. T...Read More
Honda India Power Products Ltd, formerly known as, Honda Siel Power Products Ltd, manufactures power products. The Company is usually engaged in manufacturing and advertising the portable gensets, water pumps, general purpose engines, lawn mowers, brush cutters and tillers. Its tillers merchandise series include F300 and FJ500. The brush cutters collection include UMK435T U2NT, UMK435T UENT, UMK425T U2ST, UMK450T U2NT and UMK450T UTNT. The Company’s water pumps consist of petrol water pumps, kerosene water pumps and diesel water pumps. The lawn mowers merchandise collection consist of HRJ216 K2 and HRJ196. Its generator products consist of inverter series, silent series and handy collection. The Company’s standard-purpose engines include big and mid series and kerosene engines. Its mid series engine series include GX80,100,120,160 and GX200. The kerosene collection merchandise comprises GK100, GK200 and GK300. The Company caters to both home and global markets. ...Read Less
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Market Cap ₹2276 Cr.
Stock P/E 28.5
P/B 2.9
Current Price ₹2244.2
Book Value ₹ 766.3
Face Value 10
52W High ₹3251
Dividend Yield 1.4%
52W Low ₹ 1840
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 285 | 263 | 231 | 144 | 177 | 204 | 269 | 155 | 176 | 270 |
| Other Income | 12 | 10 | 12 | 11 | 10 | 10 | 11 | 10 | 9 | 8 |
| Total Income | 297 | 273 | 243 | 155 | 187 | 215 | 280 | 165 | 185 | 279 |
| Total Expenditure | 249 | 230 | 221 | 128 | 170 | 183 | 225 | 146 | 164 | 238 |
| Operating Profit | 47 | 43 | 22 | 27 | 17 | 31 | 55 | 18 | 21 | 40 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 |
| Exceptional Income / Expenses | 0 | 0 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | -12 |
| Profit Before Tax | 42 | 38 | 21 | 22 | 11 | 26 | 49 | 13 | 15 | 23 |
| Provision for Tax | 11 | 10 | 5 | 6 | 3 | 7 | 12 | 3 | 4 | 6 |
| Profit After Tax | 31 | 28 | 16 | 16 | 9 | 19 | 36 | 9 | 11 | 17 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 31 | 28 | 16 | 16 | 9 | 19 | 36 | 9 | 11 | 17 |
| Adjusted Earnings Per Share | 30.8 | 27.9 | 15.6 | 15.9 | 8.4 | 18.8 | 35.7 | 9.3 | 11 | 16.4 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 631 | 673 | 702 | 768 | 816 | 849 | 939 | 1156 | 1246 | 989 | 794 | 870 |
| Other Income | 8 | 13 | 16 | 15 | 18 | 16 | 15 | 17 | 19 | 42 | 42 | 38 |
| Total Income | 639 | 685 | 718 | 783 | 834 | 864 | 953 | 1173 | 1265 | 1031 | 837 | 909 |
| Total Expenditure | 561 | 586 | 606 | 665 | 725 | 756 | 866 | 1054 | 1111 | 890 | 707 | 773 |
| Operating Profit | 77 | 100 | 112 | 118 | 109 | 109 | 87 | 120 | 154 | 141 | 130 | 134 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Depreciation | 21 | 24 | 23 | 23 | 21 | 22 | 20 | 19 | 21 | 20 | 22 | 24 |
| Exceptional Income / Expenses | 3 | 0 | 0 | 0 | -4 | 4 | 0 | 0 | -18 | 4 | 0 | -12 |
| Profit Before Tax | 59 | 75 | 88 | 94 | 83 | 90 | 66 | 100 | 115 | 124 | 108 | 100 |
| Provision for Tax | 20 | 26 | 30 | 33 | 29 | 24 | 17 | 26 | 30 | 32 | 28 | 25 |
| Profit After Tax | 39 | 49 | 58 | 61 | 54 | 67 | 49 | 75 | 85 | 92 | 80 | 73 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 39 | 49 | 58 | 61 | 54 | 67 | 49 | 75 | 85 | 92 | 80 | 73 |
| Adjusted Earnings Per Share | 38.1 | 48.1 | 57 | 60.6 | 53.4 | 65.6 | 48 | 73.5 | 83.9 | 90.9 | 78.8 | 72.4 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -20% | -12% | -1% | 2% |
| Operating Profit CAGR | -8% | 3% | 4% | 5% |
| PAT CAGR | -13% | 2% | 4% | 7% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 3% | -1% | 19% | 5% |
| ROE Average | 10% | 11% | 11% | 12% |
| ROCE Average | 13% | 15% | 15% | 17% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 325 | 367 | 423 | 474 | 517 | 570 | 606 | 670 | 737 | 812 | 864 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 143 | 162 | 1 | 1 | -3 | -4 | -4 | -5 | -13 | 429 | 375 |
| Total Current Liabilities | 140 | 149 | 111 | 121 | 138 | 144 | 183 | 190 | 191 | 179 | 184 |
| Total Liabilities | 608 | 677 | 535 | 596 | 652 | 710 | 785 | 854 | 916 | 1420 | 1422 |
| Fixed Assets | 123 | 112 | 107 | 101 | 95 | 98 | 91 | 87 | 91 | 98 | 107 |
| Other Non-Current Assets | 181 | 202 | 86 | 74 | 65 | 56 | 95 | 144 | 75 | 553 | 500 |
| Total Current Assets | 304 | 363 | 342 | 421 | 493 | 556 | 599 | 624 | 750 | 769 | 816 |
| Total Assets | 608 | 677 | 535 | 596 | 652 | 710 | 785 | 854 | 916 | 1420 | 1422 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 21 | 15 | 23 | 41 | 21 | 18 | 35 | 80 | 122 | 115 | 106 |
| Cash Flow from Operating Activities | 43 | 101 | 40 | 55 | 21 | -18 | 152 | 37 | 157 | 106 | 22 |
| Cash Flow from Investing Activities | -44 | -86 | -13 | -65 | -13 | 47 | -92 | 16 | -150 | -99 | -70 |
| Cash Flow from Financing Activities | -5 | -7 | -8 | -9 | -11 | -13 | -14 | -11 | -16 | -18 | -28 |
| Net Cash Inflow / Outflow | -5 | 7 | 19 | -20 | -3 | 17 | 45 | 42 | -9 | -11 | -76 |
| Closing Cash & Cash Equivalent | 15 | 23 | 41 | 21 | 18 | 35 | 80 | 122 | 115 | 106 | 31 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 38.08 | 48.14 | 56.98 | 60.56 | 53.4 | 65.6 | 48 | 73.5 | 83.92 | 90.94 | 78.84 |
| CEPS(Rs) | 59.09 | 71.62 | 80.11 | 82.76 | 74.24 | 87.38 | 67.98 | 91.77 | 104.41 | 110.88 | 100.34 |
| DPS(Rs) | 6 | 6 | 7.5 | 9 | 10 | 12.5 | 10 | 15 | 16.5 | 17.5 | 31.5 |
| Book NAV/Share(Rs) | 320.48 | 361.4 | 416.68 | 467.9 | 509.96 | 561.75 | 597.15 | 660.63 | 726.57 | 800.9 | 851.61 |
| Core EBITDA Margin(%) | 10.54 | 12.33 | 13.07 | 13.2 | 11.14 | 10.97 | 7.73 | 8.88 | 10.85 | 10 | 11.05 |
| EBIT Margin(%) | 9.02 | 10.76 | 12.09 | 12.22 | 10.28 | 10.74 | 7.12 | 8.73 | 9.31 | 12.56 | 13.63 |
| Pre Tax Margin(%) | 8.93 | 10.63 | 11.97 | 12.14 | 10.21 | 10.66 | 7.04 | 8.65 | 9.26 | 12.51 | 13.56 |
| PAT Margin (%) | 5.85 | 6.91 | 7.85 | 7.9 | 6.64 | 7.84 | 5.18 | 6.45 | 6.83 | 9.32 | 10.07 |
| Cash Profit Margin (%) | 9.09 | 10.29 | 11.03 | 10.79 | 9.23 | 10.44 | 7.34 | 8.05 | 8.49 | 11.37 | 12.81 |
| ROA(%) | 6.73 | 7.6 | 9.54 | 10.86 | 8.68 | 9.77 | 6.51 | 9.09 | 9.62 | 7.9 | 5.62 |
| ROE(%) | 12.48 | 14.12 | 14.64 | 13.69 | 10.92 | 12.24 | 8.28 | 11.69 | 12.1 | 11.91 | 9.54 |
| ROCE(%) | 19.22 | 21.97 | 22.55 | 21.18 | 16.92 | 16.77 | 11.37 | 15.84 | 16.5 | 16.05 | 12.92 |
| Receivable days | 21.62 | 18.61 | 14.88 | 21.12 | 28.47 | 24.35 | 25.62 | 26.74 | 23.13 | 22.43 | 38.79 |
| Inventory Days | 62.36 | 53.47 | 51.92 | 49.67 | 45.28 | 69.4 | 72.22 | 53.17 | 50.28 | 56.81 | 59.69 |
| Payable days | 60.04 | 60.14 | 58.45 | 59.09 | 58.02 | 61.96 | 60.6 | 57.87 | 51.64 | 59.14 | 74.57 |
| PER(x) | 29.47 | 27.25 | 23.52 | 22.01 | 20.34 | 12.73 | 19.96 | 16.77 | 23.99 | 24.4 | 25.71 |
| Price/Book(x) | 3.5 | 3.63 | 3.22 | 2.85 | 2.13 | 1.49 | 1.6 | 1.87 | 2.77 | 2.77 | 2.38 |
| Dividend Yield(%) | 0.53 | 0.46 | 0.56 | 0.68 | 0.92 | 1.5 | 1.04 | 1.22 | 0.82 | 0.79 | 1.55 |
| EV/Net Sales(x) | 1.7 | 1.75 | 1.73 | 1.51 | 1.28 | 0.96 | 0.89 | 0.84 | 1.26 | 1.73 | 1.91 |
| EV/Core EBITDA(x) | 13.89 | 11.78 | 10.83 | 9.87 | 9.59 | 7.45 | 9.6 | 8.14 | 10.19 | 12.16 | 11.64 |
| Net Sales Growth(%) | 16.51 | 6.67 | 4.31 | 9.41 | 6.26 | 4.02 | 10.64 | 23.15 | 7.78 | -20.64 | -19.7 |
| EBIT Growth(%) | 102.39 | 27.7 | 17.13 | 6.78 | -11.71 | 8.66 | -26.7 | 51.16 | 14.91 | 7.07 | -12.91 |
| PAT Growth(%) | 105.63 | 26.42 | 18.33 | 6.28 | -11.82 | 22.84 | -26.83 | 53.13 | 14.17 | 8.37 | -13.31 |
| EPS Growth(%) | 105.63 | 26.42 | 18.37 | 6.28 | -11.82 | 22.84 | -26.83 | 53.13 | 14.17 | 8.37 | -13.31 |
| Debt/Equity(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio(x) | 2.17 | 2.44 | 3.08 | 3.47 | 3.57 | 3.86 | 3.27 | 3.29 | 3.92 | 4.3 | 4.45 |
| Quick Ratio(x) | 1.33 | 1.85 | 1.99 | 2.72 | 2.76 | 2.4 | 2.39 | 2.36 | 3.04 | 3.51 | 3.8 |
| Interest Cover(x) | 107.77 | 84.76 | 102.28 | 141.81 | 147.16 | 128.37 | 99.72 | 108.59 | 178.54 | 234.45 | 208.12 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 66.67 | 66.67 | 66.67 | 66.67 | 66.67 | 66.67 | 66.67 | 66.67 | 66.67 | 66.67 |
| FII | 1.59 | 1.45 | 1.42 | 1.41 | 1.36 | 1.37 | 1.17 | 1.1 | 1.09 | 1.05 |
| DII | 14.82 | 15.31 | 16.92 | 17.95 | 18.18 | 18.18 | 18.23 | 18.23 | 18.23 | 18.27 |
| Public | 16.93 | 16.57 | 14.99 | 13.98 | 13.79 | 13.79 | 13.94 | 14.01 | 14.02 | 14.02 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 |
| FII | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| DII | 0.15 | 0.16 | 0.17 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.19 |
| Public | 0.17 | 0.17 | 0.15 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 |
* The pros and cons are machine generated.
You May Also Know About
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.