Honeywell Automation India Ltd vs Nitiraj Engineers Ltd Stock Comparison
Honeywell Automation India Ltd vs Nitiraj Engineers Ltd Stock Comparison
Last Updated on: Mar 22, 2026
Key Highlights
The Latest Trading Price of Honeywell Automation India Ltd is ₹ 28366 as of 20 Mar 15:30
. The P/E Ratio of Honeywell Automation India Ltd is 0 as of March 2021
.The P/E Ratio of Nitiraj Engineers Ltd is 13.9 as of March 2021
. The Market Cap of Honeywell Automation India Ltd is ₹ 0 crore as of March 2021
.The Market Cap of Nitiraj Engineers Ltd is ₹ 49 crore as of March 2021
. The revenue of Honeywell Automation India Ltd for the Dec '25 is ₹ 1214 crore as compare to the Sep '25 revenue of ₹ 1193 crore. This represent the growth of 1.73% The revenue of Nitiraj Engineers Ltd for the Dec '25 is ₹ 11.65 crore as compare to the Sep '25 revenue of ₹ 16.79 crore. This represent the decline of -30.61% The ebitda of Honeywell Automation India Ltd for the Dec '25 is ₹ 181.7 crore as compare to the Sep '25 ebitda of ₹ 175.8 crore. This represent the growth of 3.36% The ebitda of Nitiraj Engineers Ltd for the Dec '25 is ₹ 1.45 crore as compare to the Sep '25 ebitda of ₹ 3.12 crore. This represent the decline of -53.53% The net profit of Honeywell Automation India Ltd changed from ₹ 136.5 crore to ₹ 121.2 crore over 7 quarters. This represents a CAGR of -6.57%
The net profit of Nitiraj Engineers Ltd changed from ₹ -1.65 crore to ₹ 0.39 crore over 7 quarters. This represents a CAGR of NaN%
The Dividend Payout of Honeywell Automation India Ltd changed from 16.33 % on March 2021 to 17.65 % on March 2025 . This represents a CAGR of 1.57% over 5 yearsThe Dividend Payout of Nitiraj Engineers Ltd changed from 12.77 % on March 2024 to 31.83 % on March 2025 . This represents a CAGR of 57.88% over 2 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 Nitiraj Engineers Ltd
Nitiraj Engineers Limited was incorporated as 'Nitiraj Engineers Private Limited' as a Private Limited Company vide Certificate of Incorporation dated April 01, 1999 issued by the Registrar of Companies, Maharashtra, Mumbai.
Further, the status of the Company was converted from Private Limited to a Public Limited and the name was changed to 'Nitiraj Engineers Limited' w.e.f.
June 22, 2015.
The Company is one of the leading manufacturers of wide range of Electronic Weighing Scales and Systems, Currency Counting Machines, Digital Fare Meters, Home & Hotel Automation Products and Health Measurement Products catering to both industrial and domestic consumption.
These products are classified according to their applications and utilities in the categories of Industrial, Commercial, Jewellery, Healthcare, Household and Automobile.
FAQs for the comparison of Honeywell Automation India Ltd and Nitiraj Engineers Ltd
Which company has a larger market capitalization, Honeywell Automation India Ltd or Nitiraj Engineers Ltd?
Market cap of Honeywell Automation India Ltd is 25,076 Cr while Market cap of Nitiraj Engineers Ltd is 212 Cr
What are the key factors driving the stock performance of Honeywell Automation India Ltd and Nitiraj Engineers Ltd?
The stock performance of Honeywell Automation India Ltd and Nitiraj Engineers 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 Nitiraj Engineers Ltd?
As of March 22, 2026, the Honeywell Automation India Ltd stock price is INR ₹28366.55. On the other hand, Nitiraj Engineers Ltd stock price is INR ₹207.35.
How do dividend payouts of Honeywell Automation India Ltd and Nitiraj Engineers Ltd compare?
To compare the dividend payouts of Honeywell Automation India Ltd and Nitiraj Engineers 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.