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Comparison · NSE · data 2026-11-03

Honeywell Automation India Limited vs Spectrum Electrical Industries Limited

In plain words

Size: Honeywell Automation India Limited is about 3.8 times the market value of Spectrum Electrical Industries Limited.

Valuation (P/E): Spectrum Electrical Industries Limited 108.9 vs Honeywell Automation India Limited 45.7.

Return on equity: Spectrum Electrical Industries Limited 20.4% vs Honeywell Automation India Limited 12.4%.

Profit growth over 3 years: Spectrum Electrical Industries Limited 73.9% a year vs Honeywell Automation India Limited 6.2% a year.

Debt to equity: Spectrum Electrical Industries Limited 1.02 vs Honeywell Automation India Limited 0.02.

Differences in the numbers, not a recommendation of either stock.

Side by side

HONAUTSPECTRUM
Price₹29,210₹3,982.2
Market cap₹26,095 cr₹6,824 cr
P/E45.7108.9
P/B5.5—
ROE12.4%20.4%
ROCE13.5%18.6%
Debt / equity0.021.02
Operating margin12.7%13.0%
Dividend yield0.37%0.00%
Sales growth, 3 years (yearly)10.9%27.6%
Profit growth, 3 years (yearly)6.2%73.9%
1-year return-20.8%162.6%
Revenue, last 12 months₹4,778 cr₹680 cr
Net profit, last 12 months₹565 cr₹57 cr
Latest quarterSept 2026Jun 2026
Quarter net profit₹134 cr₹13 cr
Quarter profit vs a year earlier+11.9%+129.0%
Promoter holding75.00%66.88%
Health checkAverage (4.3/10)Strong (6.7/10)

Common questions

Which has a higher P/E, Honeywell Automation India Limited or Spectrum Electrical Industries Limited?

Spectrum Electrical Industries Limited trades at the higher P/E (108.9 against 45.7). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.

Which earns a higher return on equity?

Spectrum Electrical Industries Limited (20.4% against 12.4%).

Which carries more debt?

Spectrum Electrical Industries Limited has the higher debt-to-equity ratio (1.02 against 0.02).

HONAUT pageSPECTRUM page

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