Honeywell Electrical Devices Annual Report | Revenue

Honeywell Electrical Devices And Systems India Limited (Honeywell Electrical) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
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Honeywell Electrical Devices And Systems India Limited

Honeywell Electrical Devices & Systems India Limited Balance Sheet (In Rs. Crore)

Particulars	31st March 2022	31st March 2021	31st March 2020
SOURCES OF FUNDS :
Share Capital	1	1	1
Reserves Total	91.6	76.07	84.64
Total Shareholders’ Funds	92.6	77.07	85.64
Secured Loans	4.27	4.76	1.2
Unsecured Loans	1.26	1.12	1.2
Total Debt	5.53	5.88	2.4
Other Liabilities	5.74	23.86	7.23
Total Liabilities	103.87	106.81	95.27
APPLICATION OF FUNDS :
Gross Block	36.03	35.2	35.16
Less : Accumulated Depreciation	25.52	21.37	18.09
Net Block	10.51	13.83	17.07
Capital Work in Progress	0	0	0.82
Current Assets, Loans & Advances
Inventories	19.81	14.49	18.9
Sundry Debtors	34.74	26.92	28.6
Cash and Bank	62.75	37.68	12.14
Loans and Advances	6.58	12.61	36.13
Total Current Assets	123.88	91.7	95.77
Less : Current Liabilities and Provisions
Current Liabilities	32.68	28.27	33.28
Provisions	18.58	16.76	9.73
Total Current Liabilities	51.26	45.03	43.01
Net Current Assets	72.62	46.67	52.76
Deferred Tax Assets	3.96	4.68	3.69
Deferred Tax Liability	0	0.02	0
Net Deferred Tax	3.96	4.66	3.69
Other Assets	14.84	39.92	19.08
Total Assets	101.93	105.08	93.42
Contingent Liabilities	44.74	47.05	27.08

Honeywell Electrical Devices & Systems India Limited Profit & Loss Statement (In Rs. Crore)

Particulars	2022	2021	2020
INCOME :
Sales Turnover	121.4	85.48	85.14
Net Sales	121.4	85.48	85.14
Other Income	21.97	3.38	22.83
Stock Adjustments	3.59	-2.37	0.47
Total Income	146.96	86.49	108.44
EXPENDITURE :
Raw Materials	68.22	46.8	52.51
Power & Fuel Cost	0.88	0.7	0.65
Employee Cost	23.25	22.03	19.5
Other Manufacturing Expenses	6.55	4.36	4.69
Selling and Administration Expenses	10.82	12.4	15.48
Miscellaneous Expenses	13.07	5.15	4.71
Total Expenditure	122.79	91.44	97.54
Operating Profit	24.17	-4.95	10.9
Interest	0.37	0.58	0.47
Gross Profit	23.8	-5.53	10.43
Depreciation	4.38	4.17	3.8
Profit Before Tax	19.42	-9.7	6.63
Tax	3.3	0	0
Deferred Tax	0.68	-1.01	6.45
Reported Net Profit	15.44	-8.69	0.18
Extraordinary Items	20.42	0.02	0.4
Adjusted Net Profit	-4.98	-8.71	-0.22
P & L Balance brought forward	77.99	86.67	86.49
P & L Balance carried down	93.43	77.98	86.67
Earnings Per Share	154.4	-86.9	1.8

Honeywell Electrical Devices & Systems India Cash Flow Statement (In Rs. Crore)

Particulars	31st March 2017	31st March 2016	31st March 2015
Cash Flow Summary
Cash and Cash Equivalents at the beginning of the year	15.41	34.56	36.23
Net Cash from Operating Activities	3.57	-0.74	1.72
Net Profit before Tax & Extraordinary Items	6.08	5.1	6.04
Depreciation	4.61	5.62	3.88
P/L on Sales of Invest	-1.72	-1.18	0
P/L in Forex	0.34	-0.11	-0.06
Others	-3.54	-3.08	0.07
Total Adjustments (PBT & Extraordinary Items)	-0.31	1.25	3.92
Op. Profit before Working Capital Changes	5.77	6.35	9.96
Trade & other receivables	-0.55	-5.72	-2.68
Inventories	-0.58	-0.41	4.35
Trade Payables	-0.32	-0.46	-4.33
Others	1.11	1.96	-0.93
Total (OP before Working Capital Changes)	-0.34	-4.63	-3.59
Cash Generated from/(used in) Operations	5.43	1.72	6.37
Interest Paid(Net)	0	0	-2.77
Direct Taxes Paid	-1.86	-2.46	-1.88
Total-others	-1.86	-2.46	-4.65
Cash Flow before Extraordinary Items	3.57	-0.74	1.72
Net Cash Used in Investing Activities	19.09	-18.41	-3.39
Purchased of Fixed Assets	-1.66	-2.03	-6.5
Sale of Fixed Assets	0.02	0.04	0.03
Interest Received	2.13	2.18	3.08
Others	18.6	-18.6	0
Net Inc/(Dec) in Cash and Cash Equivalent	22.66	-19.15	-1.67
Cash and Cash Equivalents at the End of the year	38.07	15.41	34.56

Summary of Honeywell Electrical Devices & Systems India Cash Flow Statement:

1. Cash Flow from Operating Activities:

- Net cash from operating activities was Rs. 3.57 Crore in the year ending March 31, 2017, -Rs. 0.74 Crore in the year ending March 31, 2016, and Rs. 1.72 Crore in the year ending March 31, 2015.

- Net profit before tax and extraordinary items was Rs. 6.08 Crore in the year ending March 31, 2017, Rs. 5.1 Crore in the year ending March 31, 2016, and Rs. 6.04 Crore in the year ending March 31, 2015.

- Adjustments for depreciation, profit/loss on the sale of investments, profit/loss in forex, and other items were made.

- Cash generated from operations before working capital changes was Rs. 5.77 Crore in the year ending March 31, 2017, Rs. 6.35 Crore in the year ending March 31, 2016, and Rs. 9.96 Crore in the year ending March 31, 2015.

- Working capital changes, including trade and other receivables, inventories, trade payables, and other items, contributed to the cash flow from operating activities.

2. Cash Flow from Investing Activities:

- Net cash used in investing activities was Rs. 19.09 Crore in the year ending March 31, 2017, -Rs. 18.41 Crore in the year ending March 31, 2016, and -Rs. 3.39 Crore in the year ending March 31, 2015.

- Activities include the purchase of fixed assets, sale of fixed assets, interest received, and other items.

3. Net Increase/ (Decrease) in Cash and Cash Equivalent:

- The net increase/(decrease) in cash and cash equivalents was Rs. 22.66 Crore in the year ending March 31, 2017, -Rs. 19.15 Crore in the year ending March 31, 2016, and -Rs. 1.67 Crore in the year ending March 31, 2015.

- Cash and cash equivalents at the end of the year were Rs. 38.07 Crore in the year ending March 31, 2017, Rs. 15.41 Crore in the year ending March 31, 2016, and Rs. 34.56 Crore in the year ending March 31, 2015.

Funds Flow Statement of Honeywell Electrical Devices & Systems India (In Rs. Crore)

Particulars	Mar-17	Mar-16	Mar-15
Sources of funds
Cash profit	7.99	8.04	6.99
Increase in other net worth	0	0	0.01
Increase in loan funds	0.49	0	0.86
Total Inflow	8.48	8.04	7.86
Application of funds
Decrease in net worth	0.6	0	0
Decrease in loan funds	0	0.8	0
Increase in gross block	1.92	3.89	2.69
Increase in working capital	5.96	3.36	5.15
Total Outflow	8.48	8.05	7.84

Honeywell Electrical Devices & Systems India Key Financial Ratios

Particulars	2017	2016	2015
Key Ratios
Current Ratio	3.8	3.46	2.99
Turnover Ratios
Fixed Assets Turnover Ratio	6.43	3.99	2.75
Inventory Turnover Ratio	6.04	6.41	5.67
Debtors Turnover Ratio	3.14	3.56	3.71
Total Asset Turnover Ratio	1.29	1.38	1.37
Interest Cover Ratio	56.27	19.21	31.2
PBIDTM (%)	7.7	7.55	7.23
PBITM (%)	4.41	3.69	4.46
PBDTM (%)	7.62	7.36	7.09
CPM (%)	5.78	5.52	5.97
APATM (%)	2.49	1.66	3.2
ROCE (%)	5.71	5.08	6.09
RONW (%)	3.29	2.33	4.46

Honeywell Electrical Devices & Systems India Share Dividend History

Particulars	2022	2021	2020	2019
Dividend per Share	Nil	Nil	Nil	Nil

Honeywell Electrical Devices & Systems India Limited Recent Financial Performance

Total Income increased by 69.91% from Rs. 86.49 Crore in FY 2021 to Rs. 146.96 Crore in FY 2022.
The Finance cost of the company decreased by 38.60% from Rs. 0.57 Crore to Rs. 0.35 Crore.
Profit after tax of the company stood at Rs. 15.44 Crore in FY 2022 against a loss after tax of Rs. 8.69 Crore in FY 2021, showing a growth of 277%.
For FY 2022, the company’s EPS was Rs. 154.40.
The Current Ratio of the company as of 31st March 2022 is 3.80.
The book value per equity share of the company as of 31st March 2022 is Rs. 973.05.

Honeywell Electrical Devices Annual Report and Financials