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
| HONAUT | SPECTRUM | |
|---|---|---|
| Price | ₹29,210 | ₹3,982.2 |
| Market cap | ₹26,095 cr | ₹6,824 cr |
| P/E | 45.7 | 108.9 |
| P/B | 5.5 | — |
| ROE | 12.4% | 20.4% |
| ROCE | 13.5% | 18.6% |
| Debt / equity | 0.02 | 1.02 |
| Operating margin | 12.7% | 13.0% |
| Dividend yield | 0.37% | 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 quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹134 cr | ₹13 cr |
| Quarter profit vs a year earlier | +11.9% | +129.0% |
| Promoter holding | 75.00% | 66.88% |
| Health check | Average (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).