Share Price and Basic Stock Data
Last Updated: October 29, 2025, 8:57 pm
| PEG Ratio | -108.88 | 
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Honda India Power Products Ltd operates within the Electric Equipment sector, primarily focusing on generators and turbines. The company’s stock price stood at ₹2,669, with a market capitalization of ₹2,706 Cr. Over the past fiscal year, Honda reported a sales figure of ₹1,246 Cr for March 2023, reflecting a substantial increase from ₹1,156 Cr in March 2022. However, the company’s sales have shown variability in quarterly performance, with the most recent quarter ending June 2024 recording sales of ₹144.17 Cr, down from ₹231.16 Cr in March 2024. This decline in sales can be attributed to fluctuating demand and market conditions. The trailing twelve months (TTM) revenue stood at ₹805 Cr, indicating a downward trend compared to previous periods. The company’s ability to adapt to market fluctuations will be crucial for sustaining growth in a competitive landscape.
Profitability and Efficiency Metrics
Honda India Power Products Ltd reported a net profit of ₹73 Cr, translating to an earnings per share (EPS) of ₹78.81 for the fiscal year ending March 2025. The operating profit margin (OPM) was recorded at 5.45%, highlighting the company’s capacity to maintain profitability despite rising costs. The interest coverage ratio stood impressively at 282.52x, indicating strong earnings relative to interest expenses and a robust ability to manage debt, although borrowings were reported at ₹0 Cr. The return on equity (ROE) was noted at 9.47%, while the return on capital employed (ROCE) was 12.8%, suggesting moderate efficiency in utilizing shareholders’ equity and capital. Despite these positive indicators, the company’s OPM has seen fluctuations, peaking at 16.15% in March 2025 and dipping to 4.52% in March 2024, reflecting the challenges in maintaining consistent profitability amidst operational pressures.
Balance Sheet Strength and Financial Ratios
The balance sheet of Honda India Power Products Ltd reveals a solid financial position, with total reserves amounting to ₹853 Cr. The absence of borrowings indicates a low leverage position, which is favorable for financial stability. The current ratio was reported at 4.45, significantly above the typical industry benchmark, indicating strong liquidity and the ability to cover short-term liabilities. Additionally, the price-to-book value ratio stood at 2.38x, suggesting that the stock is valued higher than its book value, indicating investor confidence. However, the company faces challenges with a cash conversion cycle of 93 days, which is higher than the desirable range, potentially impacting cash flow. Overall, the strong reserves and low debt levels position Honda well against industry volatility, although operational efficiency requires improvement.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Honda India Power Products Ltd demonstrates a stable ownership structure, with promoters holding 66.67% of the equity. This significant promoter stake reflects strong management commitment to the company’s long-term vision. Foreign institutional investors (FIIs) accounted for 1.10% of the holdings, while domestic institutional investors (DIIs) held 18.23%. The public shareholding stood at 14.01%, with the total number of shareholders increasing to 25,094 as of March 2025, indicating growing investor interest. The gradual increase in DII holdings from 13.29% in December 2022 to 18.18% in March 2025 suggests a positive shift in institutional sentiment. However, the low percentage of FIIs may indicate limited international interest, which could affect liquidity and market perception. Overall, the stable promoter shareholding combined with increasing DII interest fosters a positive outlook for investor confidence.
Outlook, Risks, and Final Insight
Looking ahead, Honda India Power Products Ltd faces a mixed outlook characterized by both opportunities and challenges. On one hand, the company’s strong balance sheet, low debt levels, and increasing institutional interest position it favorably for future growth. However, risks remain due to fluctuating sales trends and operational inefficiencies, as evidenced by the declining quarterly sales figures. The company’s ability to adapt to market conditions and enhance operational efficiency will be critical in sustaining profitability. Furthermore, the rising competition in the electric equipment sector may pose additional challenges. To navigate these risks, Honda may consider diversifying its product offerings and investing in innovative technologies. Overall, while Honda has a solid foundation, proactive management of these risks will be essential for long-term success and shareholder value preservation.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Honda India Power Products Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ | 
|---|---|---|---|---|---|---|---|---|---|
| Envair Electrodyne Ltd | 44.5 Cr. | 95.9 | 182/68.0 | 17.8 | 0.00 % | 2.25 % | 5.88 % | 10.0 | |
| Solex Energy Ltd | 1,608 Cr. | 1,489 | 1,826/631 | 40.6 | 146 | 0.04 % | 28.2 % | 38.7 % | 10.0 | 
| Honda India Power Products Ltd | 2,713 Cr. | 2,666 | 4,000/1,815 | 37.0 | 851 | 3.75 % | 12.8 % | 9.47 % | 10.0 | 
| Industry Average | 2,160.50 Cr | 1,416.97 | 38.80 | 338.27 | 1.26% | 14.42% | 18.02% | 10.00 | 
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 200.06 | 394.08 | 338.85 | 313.30 | 209.96 | 284.57 | 263.38 | 231.16 | 144.17 | 177.20 | 204.18 | 268.68 | 154.91 | 
| Expenses | 194.36 | 337.73 | 293.86 | 285.25 | 189.65 | 249.34 | 230.38 | 220.71 | 127.69 | 170.20 | 183.38 | 225.28 | 146.47 | 
| Operating Profit | 5.70 | 56.35 | 44.99 | 28.05 | 20.31 | 35.23 | 33.00 | 10.45 | 16.48 | 7.00 | 20.80 | 43.40 | 8.44 | 
| OPM % | 2.85% | 14.30% | 13.28% | 8.95% | 9.67% | 12.38% | 12.53% | 4.52% | 11.43% | 3.95% | 10.19% | 16.15% | 5.45% | 
| Other Income | 5.75 | 5.55 | 2.89 | -12.52 | 7.57 | 11.93 | 10.01 | 15.89 | 10.73 | 9.89 | 10.40 | 11.26 | 9.92 | 
| Interest | 0.06 | 0.05 | 0.06 | 0.41 | 0.05 | 0.05 | 0.05 | 0.29 | 0.04 | 0.05 | 0.05 | 0.32 | 0.04 | 
| Depreciation | 4.83 | 4.99 | 4.91 | 6.05 | 5.01 | 4.98 | 4.97 | 5.26 | 5.34 | 5.36 | 5.41 | 5.69 | 5.53 | 
| Profit before tax | 6.56 | 56.86 | 42.91 | 9.07 | 22.82 | 42.13 | 37.99 | 20.79 | 21.83 | 11.48 | 25.74 | 48.65 | 12.79 | 
| Tax % | 25.15% | 25.40% | 25.54% | 35.94% | 25.94% | 25.97% | 25.45% | 24.00% | 26.02% | 25.61% | 25.84% | 25.67% | 25.88% | 
| Net Profit | 4.91 | 42.42 | 31.95 | 5.81 | 16.90 | 31.19 | 28.32 | 15.80 | 16.15 | 8.54 | 19.09 | 36.16 | 9.48 | 
| EPS in Rs | 4.84 | 41.82 | 31.50 | 5.73 | 16.66 | 30.75 | 27.92 | 15.58 | 15.92 | 8.42 | 18.82 | 35.65 | 9.35 | 
Last Updated: August 20, 2025, 9:35 am
Below is a detailed analysis of the quarterly data for Honda India Power Products Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 154.91 Cr.. The value appears to be declining and may need further review. It has decreased from 268.68 Cr. (Mar 2025) to 154.91 Cr., marking a decrease of 113.77 Cr..
- For Expenses, as of Jun 2025, the value is 146.47 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 225.28 Cr. (Mar 2025) to 146.47 Cr., marking a decrease of 78.81 Cr..
- For Operating Profit, as of Jun 2025, the value is 8.44 Cr.. The value appears to be declining and may need further review. It has decreased from 43.40 Cr. (Mar 2025) to 8.44 Cr., marking a decrease of 34.96 Cr..
- For OPM %, as of Jun 2025, the value is 5.45%. The value appears to be declining and may need further review. It has decreased from 16.15% (Mar 2025) to 5.45%, marking a decrease of 10.70%.
- For Other Income, as of Jun 2025, the value is 9.92 Cr.. The value appears to be declining and may need further review. It has decreased from 11.26 Cr. (Mar 2025) to 9.92 Cr., marking a decrease of 1.34 Cr..
- For Interest, as of Jun 2025, the value is 0.04 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.32 Cr. (Mar 2025) to 0.04 Cr., marking a decrease of 0.28 Cr..
- For Depreciation, as of Jun 2025, the value is 5.53 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 5.69 Cr. (Mar 2025) to 5.53 Cr., marking a decrease of 0.16 Cr..
- For Profit before tax, as of Jun 2025, the value is 12.79 Cr.. The value appears to be declining and may need further review. It has decreased from 48.65 Cr. (Mar 2025) to 12.79 Cr., marking a decrease of 35.86 Cr..
- For Tax %, as of Jun 2025, the value is 25.88%. The value appears to be increasing, which may not be favorable. It has increased from 25.67% (Mar 2025) to 25.88%, marking an increase of 0.21%.
- For Net Profit, as of Jun 2025, the value is 9.48 Cr.. The value appears to be declining and may need further review. It has decreased from 36.16 Cr. (Mar 2025) to 9.48 Cr., marking a decrease of 26.68 Cr..
- For EPS in Rs, as of Jun 2025, the value is 9.35. The value appears to be declining and may need further review. It has decreased from 35.65 (Mar 2025) to 9.35, marking a decrease of 26.30.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:11 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 541 | 631 | 673 | 702 | 768 | 816 | 849 | 939 | 1,156 | 1,246 | 989 | 794 | 805 | 
| Expenses | 490 | 560 | 584 | 606 | 665 | 725 | 756 | 866 | 1,054 | 1,111 | 890 | 706 | 725 | 
| Operating Profit | 52 | 70 | 88 | 96 | 103 | 91 | 93 | 73 | 103 | 135 | 99 | 88 | 80 | 
| OPM % | 10% | 11% | 13% | 14% | 13% | 11% | 11% | 8% | 9% | 11% | 10% | 11% | 10% | 
| Other Income | -5 | 11 | 11 | 16 | 15 | 14 | 20 | 15 | 17 | 2 | 45 | 42 | 41 | 
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 
| Depreciation | 18 | 21 | 24 | 23 | 23 | 21 | 22 | 20 | 19 | 21 | 20 | 22 | 22 | 
| Profit before tax | 29 | 59 | 75 | 88 | 94 | 83 | 90 | 66 | 100 | 115 | 124 | 108 | 99 | 
| Tax % | 35% | 34% | 35% | 34% | 35% | 35% | 26% | 26% | 26% | 26% | 25% | 26% | |
| Net Profit | 19 | 39 | 49 | 58 | 61 | 54 | 67 | 49 | 75 | 85 | 92 | 80 | 73 | 
| EPS in Rs | 18.52 | 38.08 | 48.14 | 56.96 | 60.54 | 53.39 | 65.58 | 47.98 | 73.48 | 83.89 | 90.91 | 78.81 | 72.24 | 
| Dividend Payout % | 22% | 16% | 12% | 13% | 15% | 19% | 19% | 21% | 20% | 20% | 19% | 27% | 
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 105.26% | 25.64% | 18.37% | 5.17% | -11.48% | 24.07% | -26.87% | 53.06% | 13.33% | 8.24% | -13.04% | 
| Change in YoY Net Profit Growth (%) | 0.00% | -79.62% | -7.27% | -13.19% | -16.65% | 35.55% | -50.94% | 79.93% | -39.73% | -5.10% | -21.28% | 
Honda India Power Products Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% | 
| 5 Years: | -1% | 
| 3 Years: | -12% | 
| TTM: | -13% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% | 
| 5 Years: | 5% | 
| 3 Years: | 2% | 
| TTM: | -17% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% | 
| 5 Years: | 23% | 
| 3 Years: | 25% | 
| 1 Year: | -23% | 
| Return on Equity | |
|---|---|
| 10 Years: | 12% | 
| 5 Years: | 11% | 
| 3 Years: | 11% | 
| Last Year: | 9% | 
Last Updated: September 5, 2025, 6:25 am
Balance Sheet
Last Updated: October 10, 2025, 2:12 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 
| Reserves | 284 | 315 | 356 | 412 | 464 | 507 | 559 | 595 | 660 | 727 | 802 | 853 | 
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 
| Other Liabilities | 97 | 110 | 113 | 114 | 124 | 141 | 148 | 187 | 194 | 196 | 184 | 194 | 
| Total Liabilities | 391 | 435 | 480 | 536 | 599 | 658 | 719 | 794 | 865 | 934 | 997 | 1,058 | 
| Fixed Assets | 114 | 123 | 112 | 107 | 101 | 95 | 98 | 91 | 87 | 91 | 98 | 107 | 
| CWIP | 1 | 0 | 0 | 0 | 1 | 3 | 2 | 2 | 13 | 9 | 7 | 8 | 
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 
| Other Assets | 275 | 312 | 367 | 429 | 497 | 560 | 619 | 700 | 765 | 833 | 892 | 943 | 
| Total Assets | 391 | 435 | 480 | 536 | 599 | 658 | 719 | 794 | 865 | 934 | 997 | 1,058 | 
Below is a detailed analysis of the balance sheet data for Honda India Power Products Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 10.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 10.00 Cr..
- For Reserves, as of Mar 2025, the value is 853.00 Cr.. The value appears strong and on an upward trend. It has increased from 802.00 Cr. (Mar 2024) to 853.00 Cr., marking an increase of 51.00 Cr..
- For Borrowings, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 194.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 184.00 Cr. (Mar 2024) to 194.00 Cr., marking an increase of 10.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 1,058.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 997.00 Cr. (Mar 2024) to 1,058.00 Cr., marking an increase of 61.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 107.00 Cr.. The value appears strong and on an upward trend. It has increased from 98.00 Cr. (Mar 2024) to 107.00 Cr., marking an increase of 9.00 Cr..
- For CWIP, as of Mar 2025, the value is 8.00 Cr.. The value appears strong and on an upward trend. It has increased from 7.00 Cr. (Mar 2024) to 8.00 Cr., marking an increase of 1.00 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 943.00 Cr.. The value appears strong and on an upward trend. It has increased from 892.00 Cr. (Mar 2024) to 943.00 Cr., marking an increase of 51.00 Cr..
- For Total Assets, as of Mar 2025, the value is 1,058.00 Cr.. The value appears strong and on an upward trend. It has increased from 997.00 Cr. (Mar 2024) to 1,058.00 Cr., marking an increase of 61.00 Cr..
Notably, the Reserves (853.00 Cr.) exceed the Borrowings (0.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 52.00 | 70.00 | 88.00 | 96.00 | 103.00 | 91.00 | 92.00 | 72.00 | 102.00 | 134.00 | 99.00 | 88.00 | 
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 27 | 22 | 18 | 14 | 30 | 28 | 21 | 32 | 28 | 21 | 19 | 54 | 
| Inventory Days | 124 | 118 | 85 | 108 | 75 | 84 | 156 | 98 | 90 | 83 | 89 | 106 | 
| Days Payable | 62 | 67 | 57 | 63 | 61 | 61 | 64 | 69 | 59 | 46 | 61 | 67 | 
| Cash Conversion Cycle | 89 | 73 | 46 | 59 | 44 | 51 | 114 | 61 | 58 | 58 | 47 | 93 | 
| Working Capital Days | 67 | 60 | 34 | 47 | 53 | 133 | 164 | 110 | 51 | 27 | 20 | 46 | 
| ROCE % | 13% | 18% | 22% | 22% | 21% | 18% | 16% | 11% | 16% | 19% | 15% | 13% | 
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change | 
|---|---|---|---|---|---|---|
| Nippon India Small Cap Fund | 894,730 | 0.59 | 334.28 | 894,730 | 2025-04-22 17:25:32 | 0% | 
| Tata Small Cap Fund | 515,978 | 2.45 | 192.78 | 515,978 | 2025-04-22 17:25:32 | 0% | 
| Quant Active Fund | 305,581 | 1.06 | 114.17 | 305,581 | 2025-04-22 17:25:32 | 0% | 
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 | 
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 
| Basic EPS (Rs.) | 78.81 | 90.91 | 83.89 | 73.48 | 47.99 | 
| Diluted EPS (Rs.) | 78.81 | 90.91 | 83.89 | 73.48 | 47.99 | 
| Cash EPS (Rs.) | 100.33 | 110.88 | 104.41 | 91.77 | 67.98 | 
| Book Value[Excl.RevalReserv]/Share (Rs.) | 851.61 | 800.90 | 726.57 | 660.63 | 597.15 | 
| Book Value[Incl.RevalReserv]/Share (Rs.) | 851.61 | 800.90 | 726.57 | 660.63 | 597.15 | 
| Dividend / Share (Rs.) | 31.50 | 17.50 | 16.50 | 15.00 | 10.00 | 
| Revenue From Operations / Share (Rs.) | 783.26 | 975.41 | 1229.08 | 1140.33 | 925.98 | 
| PBDIT / Share (Rs.) | 128.16 | 138.47 | 152.13 | 117.42 | 85.48 | 
| PBIT / Share (Rs.) | 106.67 | 118.53 | 131.64 | 99.15 | 65.50 | 
| PBT / Share (Rs.) | 106.21 | 122.02 | 113.81 | 98.68 | 65.23 | 
| Net Profit / Share (Rs.) | 78.84 | 90.94 | 83.92 | 73.50 | 48.00 | 
| PBDIT Margin (%) | 16.36 | 14.19 | 12.37 | 10.29 | 9.23 | 
| PBIT Margin (%) | 13.61 | 12.15 | 10.71 | 8.69 | 7.07 | 
| PBT Margin (%) | 13.56 | 12.50 | 9.25 | 8.65 | 7.04 | 
| Net Profit Margin (%) | 10.06 | 9.32 | 6.82 | 6.44 | 5.18 | 
| Return on Networth / Equity (%) | 9.25 | 11.35 | 11.54 | 11.12 | 8.03 | 
| Return on Capital Employeed (%) | 12.51 | 14.78 | 18.06 | 14.96 | 10.93 | 
| Return On Assets (%) | 7.63 | 9.29 | 9.14 | 8.65 | 6.15 | 
| Asset Turnover Ratio (%) | 0.77 | 1.03 | 1.39 | 1.40 | 1.25 | 
| Current Ratio (X) | 4.45 | 4.30 | 3.92 | 3.29 | 3.27 | 
| Quick Ratio (X) | 3.80 | 3.51 | 3.04 | 2.36 | 2.39 | 
| Inventory Turnover Ratio (X) | 6.11 | 3.23 | 3.80 | 3.87 | 2.67 | 
| Dividend Payout Ratio (NP) (%) | 34.88 | 18.15 | 17.87 | 13.60 | 26.05 | 
| Dividend Payout Ratio (CP) (%) | 27.41 | 14.88 | 14.36 | 10.89 | 18.39 | 
| Earning Retention Ratio (%) | 65.12 | 81.85 | 82.13 | 86.40 | 73.95 | 
| Cash Earning Retention Ratio (%) | 72.59 | 85.12 | 85.64 | 89.11 | 81.61 | 
| Interest Coverage Ratio (X) | 282.52 | 319.11 | 265.97 | 248.04 | 309.57 | 
| Interest Coverage Ratio (Post Tax) (X) | 174.78 | 201.52 | 177.88 | 156.27 | 174.82 | 
| Enterprise Value (Cr.) | 1513.27 | 1708.96 | 1572.51 | 972.22 | 835.55 | 
| EV / Net Operating Revenue (X) | 1.91 | 1.73 | 1.26 | 0.84 | 0.88 | 
| EV / EBITDA (X) | 11.64 | 12.17 | 10.19 | 8.17 | 9.64 | 
| MarketCap / Net Operating Revenue (X) | 2.59 | 2.27 | 1.64 | 1.08 | 1.03 | 
| Retention Ratios (%) | 65.11 | 81.84 | 82.12 | 86.39 | 73.94 | 
| Price / BV (X) | 2.38 | 2.77 | 2.77 | 1.87 | 1.60 | 
| Price / Net Operating Revenue (X) | 2.59 | 2.27 | 1.64 | 1.08 | 1.03 | 
| EarningsYield | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 | 
After reviewing the key financial ratios for Honda India Power Products Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 78.81. This value is within the healthy range. It has decreased from 90.91 (Mar 24) to 78.81, marking a decrease of 12.10.
- For Diluted EPS (Rs.), as of Mar 25, the value is 78.81. This value is within the healthy range. It has decreased from 90.91 (Mar 24) to 78.81, marking a decrease of 12.10.
- For Cash EPS (Rs.), as of Mar 25, the value is 100.33. This value is within the healthy range. It has decreased from 110.88 (Mar 24) to 100.33, marking a decrease of 10.55.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 851.61. It has increased from 800.90 (Mar 24) to 851.61, marking an increase of 50.71.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 851.61. It has increased from 800.90 (Mar 24) to 851.61, marking an increase of 50.71.
- For Dividend / Share (Rs.), as of Mar 25, the value is 31.50. This value exceeds the healthy maximum of 3. It has increased from 17.50 (Mar 24) to 31.50, marking an increase of 14.00.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 783.26. It has decreased from 975.41 (Mar 24) to 783.26, marking a decrease of 192.15.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 128.16. This value is within the healthy range. It has decreased from 138.47 (Mar 24) to 128.16, marking a decrease of 10.31.
- For PBIT / Share (Rs.), as of Mar 25, the value is 106.67. This value is within the healthy range. It has decreased from 118.53 (Mar 24) to 106.67, marking a decrease of 11.86.
- For PBT / Share (Rs.), as of Mar 25, the value is 106.21. This value is within the healthy range. It has decreased from 122.02 (Mar 24) to 106.21, marking a decrease of 15.81.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 78.84. This value is within the healthy range. It has decreased from 90.94 (Mar 24) to 78.84, marking a decrease of 12.10.
- For PBDIT Margin (%), as of Mar 25, the value is 16.36. This value is within the healthy range. It has increased from 14.19 (Mar 24) to 16.36, marking an increase of 2.17.
- For PBIT Margin (%), as of Mar 25, the value is 13.61. This value is within the healthy range. It has increased from 12.15 (Mar 24) to 13.61, marking an increase of 1.46.
- For PBT Margin (%), as of Mar 25, the value is 13.56. This value is within the healthy range. It has increased from 12.50 (Mar 24) to 13.56, marking an increase of 1.06.
- For Net Profit Margin (%), as of Mar 25, the value is 10.06. This value exceeds the healthy maximum of 10. It has increased from 9.32 (Mar 24) to 10.06, marking an increase of 0.74.
- For Return on Networth / Equity (%), as of Mar 25, the value is 9.25. This value is below the healthy minimum of 15. It has decreased from 11.35 (Mar 24) to 9.25, marking a decrease of 2.10.
- For Return on Capital Employeed (%), as of Mar 25, the value is 12.51. This value is within the healthy range. It has decreased from 14.78 (Mar 24) to 12.51, marking a decrease of 2.27.
- For Return On Assets (%), as of Mar 25, the value is 7.63. This value is within the healthy range. It has decreased from 9.29 (Mar 24) to 7.63, marking a decrease of 1.66.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.77. It has decreased from 1.03 (Mar 24) to 0.77, marking a decrease of 0.26.
- For Current Ratio (X), as of Mar 25, the value is 4.45. This value exceeds the healthy maximum of 3. It has increased from 4.30 (Mar 24) to 4.45, marking an increase of 0.15.
- For Quick Ratio (X), as of Mar 25, the value is 3.80. This value exceeds the healthy maximum of 2. It has increased from 3.51 (Mar 24) to 3.80, marking an increase of 0.29.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 6.11. This value is within the healthy range. It has increased from 3.23 (Mar 24) to 6.11, marking an increase of 2.88.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 34.88. This value is within the healthy range. It has increased from 18.15 (Mar 24) to 34.88, marking an increase of 16.73.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 27.41. This value is within the healthy range. It has increased from 14.88 (Mar 24) to 27.41, marking an increase of 12.53.
- For Earning Retention Ratio (%), as of Mar 25, the value is 65.12. This value is within the healthy range. It has decreased from 81.85 (Mar 24) to 65.12, marking a decrease of 16.73.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 72.59. This value exceeds the healthy maximum of 70. It has decreased from 85.12 (Mar 24) to 72.59, marking a decrease of 12.53.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 282.52. This value is within the healthy range. It has decreased from 319.11 (Mar 24) to 282.52, marking a decrease of 36.59.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 174.78. This value is within the healthy range. It has decreased from 201.52 (Mar 24) to 174.78, marking a decrease of 26.74.
- For Enterprise Value (Cr.), as of Mar 25, the value is 1,513.27. It has decreased from 1,708.96 (Mar 24) to 1,513.27, marking a decrease of 195.69.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.91. This value is within the healthy range. It has increased from 1.73 (Mar 24) to 1.91, marking an increase of 0.18.
- For EV / EBITDA (X), as of Mar 25, the value is 11.64. This value is within the healthy range. It has decreased from 12.17 (Mar 24) to 11.64, marking a decrease of 0.53.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.59. This value is within the healthy range. It has increased from 2.27 (Mar 24) to 2.59, marking an increase of 0.32.
- For Retention Ratios (%), as of Mar 25, the value is 65.11. This value is within the healthy range. It has decreased from 81.84 (Mar 24) to 65.11, marking a decrease of 16.73.
- For Price / BV (X), as of Mar 25, the value is 2.38. This value is within the healthy range. It has decreased from 2.77 (Mar 24) to 2.38, marking a decrease of 0.39.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.59. This value is within the healthy range. It has increased from 2.27 (Mar 24) to 2.59, marking an increase of 0.32.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 24) to 0.03, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness | 
|---|---|
| 
 | 
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Honda India Power Products Ltd:-  Net Profit Margin: 10.06%- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
 
-  ROCE: 12.51% (Industry Average ROCE: 14.42%)- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
 
-  ROE%: 9.25% (Industry Average ROE: 18.02%)- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
 
-  Interest Coverage Ratio (Post Tax): 174.78- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
 
-  Quick Ratio: 3.8- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
 
-  Stock P/E: 37 (Industry average Stock P/E: 38.8)- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
 
-  Total Debt / Equity: 0- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
 
 
 Stock Rating:
-  Net Profit Margin: 10.06%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT | 
|---|---|---|
| Electric Equipment - Gensets/Turbines | 409, Tower B, New Delhi Delhi 110025 | ho.legal@hspp.com http://www.hondasielpower.com | 
| Management | |
|---|---|
| Name | Position Held | 
| Mr. Shigeki Iwama | Chairman & M.D & CEO | 
| Mr. Vinay Mittal | WholeTime Director & CFO | 
| Mr. Akihiro Sakurai | Whole Time Director | 
| Mr. Yasuhiro Takabatake | Non Executive Director | 
| Mr. Nitin Savara | Independent Director | 
| Mr. Ravi Prakash Mehrotra | Independent Director | 
| Ms. Anuradha Dutt | Independent Director | 
| Mr. Balachandran Dharman | Independent Director | 
FAQ
What is the intrinsic value of Honda India Power Products Ltd?
Honda India Power Products Ltd's intrinsic value (as of 29 October 2025) is 2474.91 which is 7.17% lower the current market price of 2,666.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,713 Cr. market cap, FY2025-2026 high/low of 4,000/1,815, reserves of ₹853 Cr, and liabilities of 1,058 Cr.
What is the Market Cap of Honda India Power Products Ltd?
The Market Cap of Honda India Power Products Ltd is 2,713 Cr..
What is the current Stock Price of Honda India Power Products Ltd as on 29 October 2025?
The current stock price of Honda India Power Products Ltd as on 29 October 2025 is 2,666.
What is the High / Low of Honda India Power Products Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Honda India Power Products Ltd stocks is 4,000/1,815.
What is the Stock P/E of Honda India Power Products Ltd?
The Stock P/E of Honda India Power Products Ltd is 37.0.
What is the Book Value of Honda India Power Products Ltd?
The Book Value of Honda India Power Products Ltd is 851.
What is the Dividend Yield of Honda India Power Products Ltd?
The Dividend Yield of Honda India Power Products Ltd is 3.75 %.
What is the ROCE of Honda India Power Products Ltd?
The ROCE of Honda India Power Products Ltd is 12.8 %.
What is the ROE of Honda India Power Products Ltd?
The ROE of Honda India Power Products Ltd is 9.47 %.
What is the Face Value of Honda India Power Products Ltd?
The Face Value of Honda India Power Products Ltd is 10.0.


