Honeywell Automation Q4 FY25: Revenue up 17%, ₹105 dividend

What Honeywell Automation reported in Q4 FY25

Honeywell Automation India Limited reported a mixed set of numbers for the March 2025 quarter (Q4 FY25). Revenue from operations rose sharply year-on-year, but profitability and operating margins came under pressure. The company also announced a final dividend recommendation that stands out for its size.

The update matters for investors tracking India-facing industrial and automation demand, especially because the quarter shows the contrast between strong top-line growth and cost-led margin compression.

Q4 FY25 topline: revenue rises to ₹1,114.50 crore

In Q4 FY25, revenue increased 17.19% to ₹1,114.50 crore, compared with ₹951.00 crore in the same quarter last year. Another data point in the report also puts revenue from operations at ₹1,114.5 crore, up 17.22% year-on-year, which is consistent with the headline growth rate.

The quarter’s topline growth was the clearest positive in the release, especially against the backdrop of a softer profit outcome. A Reuters/Refinitiv line item also described Q4 revenue from operations at 11.15 billion rupees, which corresponds to ₹1,115 crore.

Q4 FY25 profit: net profit declines to about ₹140 crore

Despite the revenue increase, net profit fell year-on-year. The company reported Q4 net profit of ₹140.00 crore versus ₹148.00 crore in the corresponding quarter last year, a decline of 5.41%.

A second set of figures in the same coverage reported standalone net profit at ₹139.90 crore in Q4 FY25 compared with ₹148.20 crore in Q4 FY24, a 5.60% decline. Reuters/Refinitiv also referenced “Q4 profit 1.4 billion rupees,” which is ₹140 crore.

EBITDA falls and margin contracts

Operating performance weakened on both EBITDA and margin. Q4 FY25 EBITDA declined 6.24% to ₹159.40 crore from ₹170.00 crore in Q4 FY24.

The EBITDA margin contracted to 14.30% from 17.90%, a decline of 3.60 percentage points. This margin move helps explain why profit declined even as revenue rose.

Costs rose faster than revenue in the March quarter

The March 2025 quarter also saw a steep increase in total expenses. Total expenses rose 22.12% year-on-year to ₹970.90 crore.

Two cost lines highlighted were:

• Cost of material consumed: ₹600.90 crore, up 44.23% year-on-year
• Employee benefit expense: ₹178.50 crore, up 35.74% year-on-year

The cost increases align with the reported margin contraction, given revenue grew at about 17% while total expenses grew at over 22%.

Profit before tax also declined

Profit before tax (PBT) for Q4 FY25 was reported at ₹190.20 crore. This was down 3.59% from ₹197.30 crore in the year-ago quarter.

While the decline in PBT was smaller than the EBITDA margin compression might suggest, the direction was still negative year-on-year, reinforcing the profitability pressure seen in the quarter.

Full-year FY25 numbers: profit up, revenue modestly higher

On a full-year basis, Honeywell Automation India reported improvement in profit alongside modest revenue growth.

For FY25:

• Net profit increased 4.42% to ₹523.60 crore
• Revenue from operations rose 3.23% to ₹4,189.60 crore

These full-year numbers indicate that while Q4 margins tightened, the company still delivered profit growth for the year.

Dividend: board recommends ₹105 per equity share

Alongside the results, the board of directors recommended a final dividend of ₹105 per equity share for the financial year ended 31 March 2025. The recommendation is subject to shareholder approval at the ensuing annual general meeting.

Separately, the coverage also states Honeywell Automation Ltd. “has declared a dividend of Rs 105.00 on 16 Jun, 2025.” Reuters/Refinitiv also referenced a dividend of 105 rupees per share.

Stock market reaction: shares lower on BSE in reported session

In the session referenced in the coverage, shares of Honeywell Automation shed 0.66% to ₹35,591 on the BSE. The price move reflects how the market weighed strong revenue growth against weaker profitability and margins.

Context: Q4 FY24 set a higher margin base

The comparison quarter (Q4 FY24) had stronger operating metrics. In Q4 FY24, EBITDA margin was reported at 17.9% and EBITDA at ₹170 crore, supporting net profit of about ₹148 crore.

The FY24 coverage also referenced a final dividend of ₹100 per share for the financial year ended March 31, 2024. Against that context, the FY25 final dividend recommendation of ₹105 per share represents a higher payout figure than the previous year’s stated final dividend amount.

Key numbers snapshot

Why the update matters for investors

The quarter highlights a clear operating trade-off. Honeywell Automation delivered strong year-on-year revenue growth in Q4 FY25, but faster-rising costs coincided with lower EBITDA and a sharp margin contraction. That combination pulled net profit lower despite the larger topline.

At the same time, the company’s decision to recommend a final dividend of ₹105 per share, subject to shareholder approval, is a notable shareholder-return signal in a quarter where profitability metrics softened.

Conclusion

Honeywell Automation India’s Q4 FY25 results show revenue growth of about 17% alongside weaker profit and margins, with higher expenses playing a visible role in the operating outcome. The board’s final dividend recommendation of ₹105 per share is the other key takeaway from the announcement. The next formal step on the dividend is shareholder approval at the upcoming AGM, as stated in the company’s disclosure.