Honeywell Automation India Ltd vs Merritronix Ltd Stock Comparison

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Last Updated on: Oct 25, 2026

Key Highlights

The Latest Trading Price of Honeywell Automation India Ltd is ₹ 31485 as of 23 Oct 15:30 . The P/E Ratio of Honeywell Automation India Ltd changed from 91.1 on March 2021 to 44.2 on March 2026 . This represents a CAGR of -11.36% over 6 yearsThe P/E Ratio of Merritronix Ltd changed from 0 on March 2021 to 0 on March 2026 . This represents a CAGR of 0.0% over 6 years The Market Cap of Honeywell Automation India Ltd changed from ₹ 41916 crore on March 2021 to ₹ 23290 crore on March 2026 . This represents a CAGR of -9.33% over 6 yearsThe Market Cap of Merritronix Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2026 . This represents a CAGR of 0.0% over 6 years The revenue of Honeywell Automation India Ltd for the Jun '26 is ₹ 1250 crore as compare to the Mar '26 revenue of ₹ 1228 crore. This represent the growth of 1.84% The revenue of Merritronix Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '26 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Honeywell Automation India Ltd for the Jun '26 is ₹ 218.9 crore as compare to the Mar '26 ebitda of ₹ 231.4 crore. This represent the decline of -5.4% The ebitda of Merritronix Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '26 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Honeywell Automation India Ltd changed from ₹ 136.5 crore to ₹ 150.7 crore over 9 quarters. This represents a CAGR of 4.50% The net profit of Merritronix Ltd changed from ₹ 0 crore to ₹ 0 crore over 9 quarters. This represents a CAGR of 0.0% The Dividend Payout of Honeywell Automation India Ltd changed from 16.33 % on March 2021 to 18.44 % on March 2026 . This represents a CAGR of 2.05% over 6 yearsThe Dividend Payout of Merritronix Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 years .

About Honeywell Automation India Ltd

Honeywell Automation India Limited (HAIL) is a market leader in Electronics-Instrumentation and Process Control Equipment industry.
The Company's main products are distributed control systems, building control systems and smart transmitters.
The Company is engaged primarily in the business of Automation & Control systems on turnkey basis and otherwise. Honeywell Automation India Limited was incorporated in January, 1984 as 'Tata Process Controls Private Limited' in Maharashtra.
The Company became a Public Limited in May, 1987 and the name of the Company was changed to 'Tata Honeywell Limited' and further was changed from Tata Honeywell Limited to Honeywell Automation India Limited on 17 November, 2004.
The Company is a subsidiary of HAIL Mauritius Limited, the ultimate holding Company being Honeywell International Inc.

About Merritronix Ltd

Merritronix Limited was incorporated on the October 14, 1988 as 'Merritronix Private Limited', a Private limited company with the Registrar of Companies, Andhra Pradesh.
Subsequently, Company was converted into a Public limited company and the name of the Company was changed to 'Merritronix Limited' upon such conversion dated February 07, 2025 obtained from the Central Registration Centre. Merritronix is an an Electronics Systems Design and Manufacturing services (ESDM) company specializing in high-reliability, mission critical electronic assemblies and systems for defence, aerospace, telecommunications, Rapid Prototyping for design houses OEMs, Engineering services Companies and specialized industrial electronics.
They are primarily engaged in electronic manufacturing services, encompassing component sourcing, printed circuit board (PCB) assembly, systems integration, testing, box-build solutions and delivery of finished electronic products - executed to the quality standards required by India's strategic defence and aerospace programmes.

FAQs for the comparison of Honeywell Automation India Ltd and Merritronix Ltd

Which company has a larger market capitalization, Honeywell Automation India Ltd or Merritronix Ltd?

Market cap of Honeywell Automation India Ltd is 27,832 Cr while Market cap of Merritronix Ltd is 714 Cr

What are the key factors driving the stock performance of Honeywell Automation India Ltd and Merritronix Ltd?

The stock performance of Honeywell Automation India Ltd and Merritronix Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Honeywell Automation India Ltd and Merritronix Ltd?

As of October 25, 2026, the Honeywell Automation India Ltd stock price is INR ₹31485.25. On the other hand, Merritronix Ltd stock price is INR ₹408.4.

How do dividend payouts of Honeywell Automation India Ltd and Merritronix Ltd compare?

To compare the dividend payouts of Honeywell Automation India Ltd and Merritronix Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.