Honda I Power Product Ltd

NSE: HONDAPOWER · Industrial Products · sector

₹1,786.80NSE close 2026-10-26

Key numbers

Market cap₹1,812 cr

Price₹1,786.80

52w high / low₹2,700 / ₹1,735

P/E27.5xSector median 24.2x

P/B2.3xSector median 2.8x

Book value₹792.3

Dividend yield6.96%Sector median 0.50%

ROE7.9%Sector median 11.5%

ROCE11.0%Sector median 13.4%

OPM8.6%Sector median 10.3%

Debt / equity0.00xSector median 0.17x

EV/EBITDA22.3xSector median 16.7x

Interest cover489.9x

Current ratio3.36x

Sales growth 3y-11.4%Sector median +10.2%

Profit growth 3y-8.9%Sector median +12.8%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹79 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
Operating profit covered interest 489.9x in the last 12 months.
No promoter shares are pledged.
Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY22).
Revenue was higher than a year earlier in 2 of the last 4 quarters.
Other income was 53% of net profit in the last 12 months.
Debtor days went from 19 (FY24) to 66 (FY26).
Dividend paid in 5 of the last 5 financial years.
Price ₹1,786.80 on 2026-10-26: -33.8% from the 52-week high, +3.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹4,346.85 · low ₹1,786.80

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	177	204	269	155	176	270	265	189
EBITDA	7	21	43	8	11	20	32	14
OPM %	4.0%	10.2%	16.2%	5.4%	6.5%	7.5%	12.0%	7.6%
Other income	10	10	11	10	9	8	10	7
Net profit	9	19	36	9	11	17	27	11
EPS (₹)	8.42	18.82	35.65	9.35	11.01	16.43	26.54	10.94
Revenue YoY					-0.9%	+32.4%	-1.5%	+22.2%
Profit YoY					+30.8%	-12.7%	-25.6%	+17.1%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	1,156	1,246	989	794	865	900
EBITDA	102	118	103	88	72	78
Net profit	75	85	92	80	64	66
EPS (₹)	73.48	83.89	90.91	78.81	63.33	64.92
Revenue growth		+7.8%	-20.6%	-19.7%	+9.0%	+11.8%
Profit growth		+14.2%	+8.4%	-13.3%	-19.6%	-10.1%
Dividend / share (₹)	10.00	15.00	16.50	27.50	125.00

Compounded growth	3 years	5 years	Last 12 months
Sales	-11.4%	-1.6%	+11.8%
Net profit	-8.9%	+5.7%	-10.1%
EPS	-8.9%	+5.7%	–
Share price	–	-32.8% (2y)	-33.7%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	737	812	864	803
Borrowings	–	0	0	0	0
Cash & equivalents	–	468	541	542	79
Total assets	–	930	992	1,048	1,032
Fixed assets	–	89	91	105	129
Capital work in progress	–	9	7	6	43
Investments	–	0	0	0	0
Receivables	–	71	51	118	158
Inventory	–	167	141	119	150
Payables	–	95	100	81	107

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	37	157	106	22	-11
Cash from investing	16	-150	-99	-70	172
Cash from financing	-11	-16	-18	-28	-126
Capex	17	30	23	41	52
Free cash flow	20	128	82	-19	-63

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	11.5%	11.4%	9.3%	8.0%
ROCE %	–	15.7%	15.3%	12.5%	10.7%
Debtor days	–	21	19	54	66
Inventory days	–	81	86	98	109
Payable days	–	46	61	67	78
Cash conversion cycle (days)	–	56	44	85	97
Working capital days	–	163	218	291	227

Shareholding

Holder	% (2026-09-30)
Promoters	66.67%
FIIs	0.94%
DIIs	18.27%
of which Mutual funds	18.26%
Public (non-institutions)	14.12%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	66.67%	66.67%	66.67%	66.67%	66.67%	66.67%	66.67%	66.67%

Promoter group	%
Honda Motor Co. Ltd	66.67%

Public holders above 1%	%
Nippon Life India Trustee Ltd	8.86%
Tata Mutual Fund	5.14%
Quant Mutual Fund	4.26%

25,586 shareholders. Pledged: 0.00% of promoter shares.

Peers in Industrial Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
INDOMIM	₹52,085 cr	–	–	–	–	–	–	–
CPPLUS	₹45,577 cr	94.7x	24.3x	25.5%	33.3%	14.5%	–	0.04%
SYRMA	₹28,803 cr	77.7x	10.1x	17.4%	17.6%	11.1%	+33.0%	0.10%
HONAUT	₹27,500 cr	50.1x	6.2x	13.0%	16.9%	13.3%	+10.7%	0.34%
KAYNES	₹22,167 cr	64.0x	4.7x	9.1%	11.1%	15.5%	+47.7%	–
JYOTICNC	₹20,523 cr	63.8x	10.3x	17.4%	18.5%	24.4%	–	–
LMW	₹17,267 cr	84.2x	5.7x	7.0%	9.3%	7.1%	-12.1%	0.19%
TEGA	₹12,752 cr	447.9x	3.7x	0.9%	4.5%	7.5%	+11.7%	0.11%
LLOYDSENGG	₹12,248 cr	48.1x	7.3x	14.1%	15.1%	14.2%	+60.9%	0.27%
HONDAPOWER	₹1,812 cr	27.5x	2.3x	7.9%	11.0%	8.6%	-11.4%	6.96%

All 152 companies in Industrial Products →

Dividends & corporate actions

Ex-date	Action	Detail
2026-08-19	Dividend	Dividend - Rs 23 Per Share
2026-02-18	Dividend	Intereim Dividend - Rs 3.50 Per Share
2025-09-18	Dividend	Dividend - Rs 21.50 Per Share
2025-08-21	Dividend	Interim Dividend - Rs 100 Per Share
2025-02-18	Dividend	Special Dividend - Rs 10 Per Share
2024-08-29	Dividend	Annual General Meeting/Dividend - Rs 17.5 Per Share
2023-08-03	Dividend	Annual General Meeting/Dividend - Rs 16.50 Per Share
2022-09-16	Dividend	Annual General Meeting/Dividend - Rs 15 Per Share
2021-09-13	Dividend	Annual General Meeting/Dividend - Rs 10 Per Share
2020-09-11	Dividend	Annual General Meeting/Dividend - Rs 12.50 Per Share
2019-07-30	Dividend	Annual General Meeting/Dividend - Rs 10 Per Share
2018-08-03	Dividend	Annual General Meeting/ Dividend- Rs 9 Per Share
2017-07-27	Dividend	Annual General Meeting/Dividend - Rs 7.5 Per Share
2016-08-03	Dividend	Annual General Meeting/ Dividend - Rs 6/- Per Share
2015-08-04	Dividend	Annual General Meeting And Dividend Rs.6/- Per Share
2014-07-24	Dividend	Annual General Meeting / Dividend - Rs 4/- Per Share
2013-07-25	Dividend	Annual General Meeting/Dividend Rs 4/- Per Share
2012-08-23	Dividend	Annual General Meeting / Dividend Rs 9 Per Share
2011-08-02	Dividend	Annual General Meeting And Dividend Rs.7.50 Per Share
2010-08-11	Dividend	Annual General Meeting And Dividend Rs.4/- Per Share

Documents

Links go to the original files on the exchange website.

About the company

Manufacturing: Manufacturing / sale of Portable Generator and General Purpose Engines, Water Pumps, Tillers ,etc.


Sector	Industrials
Industry	Industrial Products
Sub-industry	Industrial Products
Symbol	HONDAPOWER
BSE code	522064
ISIN	INE634A01018
Face value	₹10.0
Incorporated	1985-09-19
Website	www.hondaindiapower.com
Plants (India / abroad)	1 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.