About
Honda India Power Products Limited engages in the manufacture, marketing, and sale of portable generators, water pumps, general purpose engines, lawn mowers, brush cutters, hand tools, portable gensets, tillers, and marine engines in India and internationally. It also markets fishery products comprising long tail outboard motors. In addition, it provides agriculture products, including reapers, HTP sprayers, backpack sprayer, and crop harvester; and ploughs, manure spreaders, seeders, and harrows, as well as other machineries for soil preparation, planting, and fertilizing, harvesting, and threshing; and power weeder. In addition, the company offers light construction products, such as concrete cutter and vibrator, plate and reversible plate compactor, power trowel, and welder. Further, it provides generator synchronization and AMF panel, power generators, motor generator sets, engines, turbines, pumps, compressors, taps, valves, and chargeover and remote switches. The company was formerly known as Honda Siel Power Products Limited and changed its name to Honda India Power Products Limited in July 2020. Honda India Power Products Limited was incorporated in 1985 and is headquartered in Gautam Buddha Nagar, India. Honda India Power Products Limited is a subsidiary of Honda Motor Co., Ltd.
Key Metrics
as of Sep 2026Market Cap2,053 Cr
P/E28.10
Div Yield6.25 %
Book Value₹792.00
52w High₹2,969.00
52w Low₹1,817.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 189.00 | 265.00 | 270.00 | 176.00 | 155.00 | 269.00 | 204.00 | 177.00 | 144.00 | 231.00 | 263.00 | 285.00 | 210.00 |
| Expenses | 175.00 | 235.00 | 238.00 | 164.00 | 146.00 | 225.00 | 183.00 | 170.00 | 128.00 | 221.00 | 230.00 | 249.00 | 190.00 |
| Operating Profit | 14.00 | 30.00 | 32.00 | 11.00 | 8.00 | 43.00 | 21.00 | 7.00 | 16.00 | 10.00 | 33.00 | 35.00 | 20.00 |
| OPM % | 8.00 | 11.00 | 12.00 | 6.00 | 5.00 | 16.00 | 10.00 | 4.00 | 11.00 | 4.50 | 13.00 | 12.00 | 10.00 |
| Other Income | 7.00 | 11.00 | -3.00 | 9.00 | 10.00 | 11.00 | 10.00 | 10.00 | 11.00 | 16.00 | 10.00 | 12.00 | 8.00 |
| Depreciation | 7.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 15.00 | 35.00 | 23.00 | 15.00 | 13.00 | 49.00 | 26.00 | 11.00 | 22.00 | 21.00 | 38.00 | 42.00 | 23.00 |
| Tax % | 26.00 | 23.00 | 27.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 24.00 | 25.00 | 26.00 | 26.00 |
| Net Profit | 11.00 | 27.00 | 17.00 | 11.00 | 9.00 | 36.00 | 19.00 | 9.00 | 16.00 | 16.00 | 28.00 | 31.00 | 17.00 |
| EPS in Rs | 10.94 | 26.54 | 16.43 | 11.01 | 9.35 | 35.65 | 18.82 | 8.42 | 15.92 | 15.58 | 27.92 | 30.75 | 16.66 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 865.00 | 794.00 | 989.00 | 1,246.00 | 1,156.00 | 939.00 | 849.00 | 816.00 | 768.00 | 702.00 | 673.00 | 631.00 |
| Expenses | 784.00 | 706.00 | 890.00 | 1,111.00 | 1,054.00 | 866.00 | 756.00 | 725.00 | 665.00 | 606.00 | 584.00 | 560.00 |
| Operating Profit | 82.00 | 88.00 | 99.00 | 135.00 | 103.00 | 73.00 | 93.00 | 91.00 | 103.00 | 96.00 | 88.00 | 70.00 |
| OPM % | 9.00 | 11.00 | 10.00 | 11.00 | 9.00 | 8.00 | 11.00 | 11.00 | 13.00 | 14.00 | 13.00 | 11.00 |
| Other Income | 27.00 | 42.00 | 45.00 | 2.00 | 17.00 | 15.00 | 20.00 | 14.00 | 15.00 | 16.00 | 11.00 | 11.00 |
| Interest | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Depreciation | 23.00 | 22.00 | 20.00 | 21.00 | 19.00 | 20.00 | 22.00 | 21.00 | 23.00 | 23.00 | 24.00 | 21.00 |
| Profit before tax | 86.00 | 108.00 | 124.00 | 115.00 | 100.00 | 66.00 | 90.00 | 83.00 | 94.00 | 88.00 | 75.00 | 59.00 |
| Tax % | 25.00 | 26.00 | 25.00 | 26.00 | 26.00 | 26.00 | 26.00 | 35.00 | 35.00 | 34.00 | 35.00 | 34.00 |
| Net Profit | 64.00 | 80.00 | 92.00 | 85.00 | 75.00 | 49.00 | 67.00 | 54.00 | 61.00 | 58.00 | 49.00 | 39.00 |
| EPS in Rs | 63.33 | 78.81 | 90.91 | 83.89 | 73.48 | 47.98 | 65.58 | 53.39 | 60.54 | 56.96 | 48.14 | 38.08 |
| Dividend Payout % | 36.00 | 27.00 | 19.00 | 20.00 | 20.00 | 21.00 | 19.00 | 19.00 | 15.00 | 13.00 | 12.00 | 16.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves | 793.00 | 853.00 | 802.00 | 727.00 | 660.00 | 595.00 | 559.00 | 507.00 | 464.00 | 412.00 | 356.00 | 315.00 |
| Borrowings | 1.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 238.00 | 194.00 | 184.00 | 196.00 | 194.00 | 187.00 | 148.00 | 141.00 | 124.00 | 114.00 | 113.00 | 110.00 |
| Total Liabilities | 1,042.00 | 1,058.00 | 997.00 | 934.00 | 865.00 | 794.00 | 719.00 | 658.00 | 599.00 | 536.00 | 480.00 | 435.00 |
| Fixed Assets | 132.00 | 107.00 | 98.00 | 91.00 | 87.00 | 91.00 | 98.00 | 95.00 | 101.00 | 107.00 | 112.00 | 123.00 |
| CWIP | 44.00 | 8.00 | 7.00 | 9.00 | 13.00 | 2.00 | 2.00 | 3.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 867.00 | 943.00 | 892.00 | 833.00 | 765.00 | 700.00 | 619.00 | 560.00 | 497.00 | 429.00 | 367.00 | 312.00 |
| Total Assets | 1,042.00 | 1,058.00 | 997.00 | 934.00 | 865.00 | 794.00 | 719.00 | 658.00 | 599.00 | 536.00 | 480.00 | 435.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -11.00 | 22.00 | 106.00 | 157.00 | 37.00 | 152.00 | -18.00 | 21.00 | 55.00 | 40.00 | 101.00 | 43.00 |
| Cash from Investing Activity | 173.00 | -69.00 | -97.00 | -148.00 | 16.00 | -92.00 | 47.00 | -13.00 | -65.00 | -14.00 | -86.00 | -44.00 |
| Cash from Financing Activity | -126.00 | -28.00 | -18.00 | -16.00 | -11.00 | -14.00 | -13.00 | -11.00 | -9.00 | -8.00 | -7.00 | -5.00 |
| Net Cash Flow | 36.00 | -75.00 | -9.00 | -7.00 | 42.00 | 46.00 | 17.00 | -3.00 | -20.00 | 18.00 | 7.00 | -5.00 |
| Free Cash Flow | -63.00 | -18.00 | 83.00 | 129.00 | 21.00 | 138.00 | -39.00 | 3.00 | 40.00 | 27.00 | 90.00 | 16.00 |
| CFO/OP % | 20.00 | 61.00 | 132.00 | 145.00 | 62.00 | 234.00 | 13.00 | 62.00 | 91.00 | 80.00 | 142.00 | 95.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66.00 | 54.00 | 19.00 | 21.00 | 28.00 | 32.00 | 21.00 | 28.00 | 30.00 | 14.00 | 18.00 | 22.00 |
| Inventory Days | 116.00 | 106.00 | 89.00 | 83.00 | 90.00 | 98.00 | 156.00 | 84.00 | 75.00 | 108.00 | 85.00 | 118.00 |
| Days Payable | 78.00 | 67.00 | 61.00 | 46.00 | 59.00 | 69.00 | 64.00 | 61.00 | 61.00 | 63.00 | 57.00 | 67.00 |
| Cash Conversion Cycle | 105.00 | 93.00 | 47.00 | 58.00 | 58.00 | 61.00 | 114.00 | 51.00 | 44.00 | 59.00 | 46.00 | 73.00 |
| Working Capital Days | 198.00 | 46.00 | 20.00 | 27.00 | 51.00 | 110.00 | 164.00 | 133.00 | 53.00 | 47.00 | 34.00 | 60.00 |
| ROCE % | 12.00 | 13.00 | 15.00 | 19.00 | 16.00 | 11.00 | 16.00 | 18.00 | 21.00 | 22.00 | 22.00 | 18.00 |
Corporate Actions
27 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 19 Aug 2026 | 19 Aug 2026 | — | 23.00 | |
| Dividend | 18 Feb 2026 | 19 Feb 2026 | — | 3.50 | |
| Dividend | 18 Sep 2025 | 18 Sep 2025 | — | 21.50 | |
| Dividend | 21 Aug 2025 | 21 Aug 2025 | — | 100.00 | |
| Dividend | 18 Feb 2025 | 18 Feb 2025 | — | 10.00 | |
| Dividend | 29 Aug 2024 | — | — | 17.50 | |
| Dividend | 03 Aug 2023 | — | — | 16.50 | |
| Dividend | 16 Sep 2022 | — | — | 15.00 | |
| Dividend | 13 Sep 2021 | — | — | 10.00 | |
| Dividend | 11 Sep 2020 | — | — | 12.50 | |
| Dividend | 30 Jul 2019 | — | — | 10.00 | |
| Dividend | 03 Aug 2018 | — | — | 9.00 | |
| Dividend | 27 Jul 2017 | — | — | 7.50 | |
| Dividend | 03 Aug 2016 | — | — | 6.00 | |
| Dividend | 04 Aug 2015 | — | — | 6.00 | |
| Dividend | 24 Jul 2014 | — | — | 4.00 | |
| Dividend | 25 Jul 2013 | — | — | 4.00 | |
| Dividend | 23 Aug 2012 | — | — | 9.00 | |
| Dividend | 02 Aug 2011 | — | — | 7.50 | |
| Dividend | 11 Aug 2010 | — | — | 4.00 | |
| Dividend | 28 Aug 2009 | — | — | 4.00 | |
| Dividend | 01 Sep 2008 | — | — | 4.00 | |
| Dividend | 18 Jul 2007 | — | — | 4.00 | |
| Dividend | 18 Jul 2006 | — | — | 4.00 | |
| Dividend | 18 Jul 2005 | — | — | 3.00 | |
| Dividend | 29 Jan 2002 | 07 Feb 2002 | — | 4.00 | |
| Dividend | 31 Aug 2001 | — | — | 4.00 |